- This simple indicator computes the average Relative Strength Index of each Banknifty stock and displays the volume on the chart with color schemes while the average line indicates the average RSI of all Bank Stocks. This indicator works on Banknifty and its stocks.
- It works on all time frames
How You can use this?
You can use this indicator for Volume analysis if the average RSI line is above the 0 line, the stock is moving upside and vice versa for Downside .
Phát hành các Ghi chú:
- Minor changes : RSI Period added in setting and more confirmation using EMA
Phát hành các Ghi chú:
Set Timeframe as per your need
Phát hành các Ghi chú:
Improvement
Phát hành các Ghi chú:
The Trend Reversal Cloud with Customized timeframe option was added to help forecast when reversals will happen.
Phát hành các Ghi chú:
*** Minor bug fix ***
Phát hành các Ghi chú:
Now you can set the weightage as per your requirements from setting panel