Nifty / Banknifty Dashboard : Shows Values of different Indicators on current Timeframe for the selected Index & it's main constituents according to weightage in index. customized for Nifty & Banknifty (You can customize it according to your needs for the markets/indexes you trade in)
Interpretation :-
VWAP : if LTP is trading above VWAP then Bullish else if LTP is trading below VWAP then Bearish.
ST(21,1) : if LTP is trading above Supertrend (21,1) then Bullish , else if LTP is trading below Supertrend (21,1) then Bearish.
ST(14,2) : if LTP is trading above Supertrend (14,2) then Bullish , else if LTP is trading below Supertrend (14,2) then Bearish.
ST(10,3) : if LTP is trading above Supertrend (10,3) then Bullish , else if LTP is trading below Supertrend (10,3) then Bearish.
RSI(14) : Shows value of RSI (14) for the current timeframe.
ADX : if ADX is > 75 and DI+ > DI- then "Bullish ++". if ADX is < 75 but >50 and DI+ > DI- then "Bullish +". if ADX is < 50 but > 25 and DI+ > DI- then "Bullish". if ADX is above 75 and DI- > DI+ then "Bearish ++". if ADX is < 75 but > 50 and DI- > DI+ then "Bearish+". if ADX is < 50 but > 25 and DI- > DI+ then "Bearish". if ADX is < 25 then "Neutral".
MACD : if MACD line is above Signal Line then "Bullish", else if MACD line is below Signal Line then "Bearish".
PDH-PDL : "< PDH > PDL" means LTP is trading between Previous Days High(PDH) & Previous Days Low(PDL) which indicates Rangebound-ness. "> PDH" means LTP is trading above Previous Days High(PDH) which indicates Bullish-ness. "< PDL" means LTP is trading below Previous Days Low(PDL) which indicates Bearish-ness.
Alligator : If Lips > Teeth > Jaw then Bullish. If Lips < Teeth < Jaw then Bearish. If Lips > Teeth and Teeth < Jaw then Neutral/Sleeping. If Lips < Teeth and Teeth > Jaw then Neutral/Sleeping.
Settings : Style settings :-
Dashboard Location: Location of the dashboard on the chart Dashboard Size: Size of the dashboard on the chart Bullish Cell Color: Select the color of cell whose value is showing Bullish-ness. Bearish Cell Color: Select the color of cell whose value is showing Bearish-ness. Neutral Cell Color: Select the color of cell whose value is showing Rangebound-ness. Cell Transparency: Select Transparency of cell.
Columns Settings :- You can select which Indicators values should be displayed/hidden.
Rows Settings :- You can select which Stocks/Symbols values should be displayed/hidden.
Symbol Settings :- Here you can select the Index & Stocks/Symbols
Dashboard for Index : select Nifty/Banknifty if you select Nifty then Nifty spot, Nifty current Futures and the stocks with most weightage in Nifty index will be displayed on the Dashboard/Table.
if you select Banknifty then Banknifty spot, Banknifty current Futures and the stocks with most weightage in Banknifty index will be displayed on the Dashboard/Table.
You can Customise it according to your needs, you can choose any Symbols you want to use.
Note :- This is inspired from "RankDelta" by AsitPati and "Nifty and Bank Nifty Dashboard v2" by cvsk123 (Both these scripts are closed source!) I'm not a pro Developer/Coder , so if there are any mistakes or any suggestions for improvements in the code then do let me know!
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Update : used the new Pinescript feature for merging cells and showing tooltip for table cells.
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It's was not working because of some of the updates in TradingView pinescript, it said "If statement too long". fixed it!
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Disabled merge cell, as it was causing problems in displaying the table properly when indicators were turned off (caused gaps in column's , which didn't look good).
Added column to indicate whether the Price is Trading above 5 SMA High (Bullish), Below 5 SMA Low (Bearish) or in between 5 SMA High/Low (Neutral) as far as I've observed, when price is trading above 5 SMA High it is Bullish. when price is trading below 5 SMA Low it is Bearish. when price is trading between 5 SMA High-Low it is Neutral. ( If you don't like it, you can turn it off )
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change log :- Added column to display Average True Range of 14 period [ ATR(14) ]
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minor update fixed tooltips.
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Changelog :- Fixed some minor issues related to text & cell transparency.
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Changelog :- Updated the 5SMA H-L logic , bullish if price is trading above 20sma & 5sma(high) & bearish if price is trading below 20sma & 5sma(low) and neutral otherwise.
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Fixed invalid symbol :- Dashboard was not being displayed as "HDFC" symbol was in the code and after merger the symbol is invalid now, so replaced it with current nifty50 list.
@Keanu_ritz Nice job buddy. I really hated that RankDelta was closed source. So nice of you to clone it and open source it. I will evaluate this next few days and let you know. Nice Handle "Keanu_ritz" :)
Keanu_ritz
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@zero54, Thanks for the appreciation & do let me know your evaluation. "Keanu_ritz" because Keanu Reeves is my favorite actor and ritz is short-form of my Name.
sreerajpv346
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Good Work. Please add new options like FINNIFTY and MIDCAP NIFTY
CChimentobit
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Suggestion : Add Average daily range (ADR), Volume
varijashivramshetty
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sir thanks for such wondefull indicator . but its not displaying anything
Keanu_ritz
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@varijashivramshetty, That is because symbol "HDFC" doesn't exit now after the merger , for now you can replace it with any other symbol from nifty50 from the settings , then you'll see the dashboard. I will have to change it in the code. Thanks for the appreciation.
Nice job buddy. I really hated that RankDelta was closed source. So nice of you to clone it and open source it. I will evaluate this next few days and let you know. Nice Handle "Keanu_ritz" :)