Ekambit Volume Strength Index (EVSI) is an innovative volume strength oscillator, which makes use of long-term historical volume strength as well as real-time volume strength in an easy to use format.
We at Ekambit Technologies use it daily, together with ESI indicator, with consistent success in the Indian and US markets.
This indicator is effective for...
As seen from the charts above, ESI indicator shows that outlook for BANKNIFTY looks bearish in the short term, as of 11:15 IST 5-May-2021.
ESI indicator:
From today's multi-view charts (taken at 13:30 IST), outlook for NSE:BANKNIFTY looks pretty clear in 3 out of 4 timeframes using ESI Indicator.
Combined with VIX, it becomes easy to identify whether to go Long or Short Options, in which direction, and for what timeframe.
Please check our previously published idea for an overview of ESI Indicator and how you...
The indicator used is Ekambit Strength Index (ESI) , which makes it easy to identify trends and reversals using weighted multi-timeframe comparisons in the same chart.
We at Ekambit Technologies use it daily with consistent success in Indian markets, especially with NSE:NIFTY and NSE:BANKNIFTY .
ESI indicator rules:
1) Above mid-zone & rising: uptrend
2)...
The indicator used is Ekambit Strength Index (ESI) , which makes it easy to identify trends and reversals using weighted multi-timeframe comparisons in a single chart.
We at Ekambit Technologies use it daily with consistent success in Indian markets, especially with NSE:NIFTY and NSE:BANKNIFTY .
ESI indicator rules:
1) Above mid-zone & rising: uptrend
2)...
The indicator used is Ekambit Strength Index (ESI) , which makes it easy to identify trends and reversals using weighted multi-timeframe comparisons in the same chart.
We at Ekambit Technologies use it daily with consistent success in Indian markets, especially with NSE:NIFTY and NSE:BANKNIFTY .
ESI indicator rules:
1) Above mid-zone & rising: uptrend
2)...
