Nifty Spot Trend Analysis

Yellow Flag:
This is one more filter option for avoid the weak signal. When you are find this yellow flag,may be the trade will go in side way.we suggest to wait for some more bars for getting the good trade.Book the profit 1 lot at target1.

These Live charts are in purely in developing stage.I put more effect to develope this for getting nearly the real time

This is more suitable for High Beta Stocks on 5min timeframe.

Please help me to grow with your valuable comments.

Note : If the graph is not loading correctly please try again by the way of load button.

What is mean by beta stocks?

What is beta?

Beta is a measure of systematic risk, a risk that cannot be avoided by diversifying one’s portfolio. In simple terms, it measures the volatility of a stock’s returns in comparison to the market. Beta is used to calculate a stock’s expected return in the widely followed capital asset pricing model (CAPM).

E(R) = RFR + β*ERP

where E(R) = expected returns of a stock

RFR = Risk free rate (for example, government/sovereign bonds)

β – beta

ERP – expected risk premium calculated as expected returns on market – risk free rate

For ease, the beta for NSE stocks is measured relative to a index.

Why is beta measure important?

Beta measure is significant because it tells you how a stock’s returns are commensurate with the market especially in a highly volatile period such as the period after August 2011, . High beta stocks fall rapidly during market decline and gain more than the market during a rally. High risk, high returns is the premise.

β = covariance of a stock’s returns relative to market returns/ variance of market

Covariance is a statistical measure that defines the movement of two variables.  It can take any value from -ve  inifinity to +ve infinity; the number by itself doesn’t convey anything.

What does a beta value of 1.3 or 0.8 mean?

A stock’s beta of 1.3 implies the stock is 30% more volatile than the market or index it is compared against. Commodity and banking stocks usually have a higher beta whereas defensive stocks have a beta lesser than 1. A beta of 0.8 indicates the stock is 20%  lesser volatile than the market.

How is beta computed?

Beta is calculated using regression analysis (some hi-fi stuff that we’ll not get into). But, if you’re really interested on knowing more about linear regression analysis, check these out.

Beta values of Nifty stocks – NSE

Note : When you analyse the returns of the all the stocks (including the low beta ones) over the same period, it is safe to conclude that returns of a good percentage of high beta stocks have exceeded market returns; and low beta stocks have under performed the index.

Matrix View of Stocks

New Feature has been added in the Trend Analysis.

Matrix view-

In this view we can find most of the stocks in single view with every 10 sec auto update.

Right now following parameters are available:

• BUY/SELL signal code(Green or Red)
• BUY/SELL signal rate.
• Stop loss
• Target1
• Profit/loss

Link for Matrix view : Matrix view

we can find the detailed chart view in this link.

Review on the Trading System

Today's view on my Trading system:




 Yellow flag is used to find the weak signal.In the today scenario we can see the two weak signal on the    NSE BANK NIFTY.

Note: This will not give 100% accuracy.

Nakshatra Trading system

Nakshatra Trading system is for shorter timeframe traders especially for nifty. It gives BUY and SELL signal for shorter timeframes . Chart shown above is the Nifty 5min Charts with Nakshatra Trading system.And Also it gives target and stoploss.

AFL Code:

_SECTION_BEGIN("MA Diff");

T=26;

KMA=((C-MA(C,T))/MA(C,T))*100;

Graph0=KMA;

Graph0Style=2+4;

Graph0BarColor=IIf(KMA>0,5,4);

GraphXSpace=5;



_SECTION_END();



_SECTION_BEGIN("Price");

SetChartOptions(0,chartShowArrows|chartShowDates);

Plot( C, "Close", ParamColor("Color", colorRed ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );

_SECTION_END();



//------------------------------------------------------------------------------



_SECTION_BEGIN("ZIG-ZAG");

P = ParamField( "Price field" );

change = Param("% change",5,0.1,25,0.1);

_SECTION_END();



_SECTION_BEGIN("EMA");

P = ParamField("Price field",-1);

Periods = Param("Periods", 15, 2, 300, 1, 10 );

_SECTION_END();



_SECTION_BEGIN("MACD Exploration");

r1 = Param( "Fast avg", 12, 2, 200, 1 );

r2 = Param( "Slow avg", 26, 2, 200, 1 );

r3 = Param( "Signal avg", 9, 2, 200, 1 );

Z=Param("zig",1,0,10,0.1);





Cond1 = Cross(MACD(r1,r2),Signal(r1,r2,r3));



Cond3 = Zig(C,z)>Ref(Zig(C,z),-4);

Buy = Cond1 AND Cond3;



Cond4 = Cross(Signal(r1,r2,r3),MACD(r1,r2));



Cond6 = Zig(C,z)<Ref(Zig(C,z),-4);

Sell = Cond4 AND Cond6;

Trigger = WriteIf(Buy, "Buy", "") + WriteIf(Sell, "Sell", "");



_N(Title = StrFormat("{{NAME}} {{DATE}} {{INTERVAL}}: O=%1.2f, H=%1.2f, L=%1.2f, C=%1.2f, V=%1.0f\n{{VALUES}}", O, H, L, C, V));



BG = IIf(Buy, colorPaleGreen, IIf(Sell, colorRose, colorDefault));

FG = IIf(Buy, colorDarkGreen, IIf(Sell, colorDarkRed, colorDefault));



if(Status("action") == actionIndicator)

{

Plot(C, "", colorGrey50, styleBar);

PlotShapes(IIf(Buy, shapeCircle, shapeNone),colorBlue, 0,L, Offset=-60);

PlotShapes(IIf(Sell, shapeCircle, shapeNone),colorWhite, 0,H, Offset=-30);

PlotShapes(shapeDownArrow*Sell,colorYellow,0,SellPrice,0);

PlotShapes(shapeUpArrow*Buy,colorYellow,0,BuyPrice,0);



}



//------------------------------------------------------------------------------------------------

if(Status("action") == actionExplore)



Filter = Buy OR Sell;

SetOption("NoDefaultColumns", True);



AddTextColumn(Name(), "Symbol", 77, FG, BG, 120);

AddColumn(DateTime(), "Date", formatDateTime, FG, BG, 100);

AddColumn(TimeNum() ,"Time",1);

AddColumn( C, "Close", 1.3 );

AddColumn( H, "High", 1.3 );

AddColumn(V, "Volume");

AddColumn(Ref(V,-1),"P-Vol");

AddColumn(V/Ref(V,-1)*100,"Increase in Vol");

AddColumn( Buy, "Buy", 1 );

AddColumn( Sell, "Sell", 1 );



shape = Buy * shapeHollowUpTriangle + Sell * shapeHollowDownTriangle;



PlotShapes( shape, IIf( Buy, colorBlue, colorWhite ), 0, IIf( Buy, Low, High ) );



GraphXSpace = 7;



GraphXSpace = 7;

_SECTION_END();



_SECTION_BEGIN("EMA3");

P = ParamField("Price field",-1);

Periods = Param("Periods", 15, 2, 300, 1, 10 );

_SECTION_END();





_SECTION_BEGIN("Background text");

C13=Param("fonts",20,10,30,1 );

C14=Param("left-right",2.1,1.0,5.0,0.1 );

C15=Param("up-down",12,1,20,1 );

Miny = Status("axisminy");

Maxy = Status("axismaxy");

lvb = Status("lastvisiblebar");

fvb = Status("firstvisiblebar");

pxwidth = Status("pxwidth");

pxheight = Status("pxheight");

GfxSetBkMode(transparent=1);

GfxSetOverlayMode(1);

GfxSelectFont("Tahoma", Status("pxheight")/C13 );

GfxSetTextAlign( 6 );

GfxSetTextColor( ColorRGB (217,217,213));

GfxTextOut( Name(), Status("pxwidth")/C14, Status("pxheight")/C15 );

GfxSelectFont("Tahoma", Status("pxheight")/C13*0.5 );

GfxSetTextColor( ColorRGB (103,103,103));

GfxTextOut( "By", Status("pxwidth")/C14, Status("pxheight")/C15*2.5 );

GfxSelectFont("Tahoma", Status("pxheight")/C13*0.5 );

GfxSetTextColor( ColorRGB (103,103,103));

GfxTextOut( "Nakshatra", Status("pxwidth")/C14, Status("pxheight")/C15*4 );

GfxSelectFont("MS Sans Serif", 10, 500, False, False, 0);

_SECTION_END();

//Second phase starts Here

//File: BHS Chart

_SECTION_BEGIN("BHS1.02");

SetChartBkColor(ParamColor("Outer panel color ",colorLightYellow));

SetChartBkColor(ParamColor("BackGround Color", colorDarkGrey));

pShowtradeLines = ParamToggle("Show Trade Lines", "No|Yes", 1);

pShowMarkers = ParamToggle("Show Markers", "No|Yes", 1);

synch=ParamToggle("Synchronize buy/short with foreign index", "No|Yes", 1);

Volmin=Param("Volume minimum",5000,0,10000000,50);

Volmax=Param("Volume maximum",1000000,0,10000000,50);

priceRL=Param("Price Range Min",150,1,20000,1);

priceRH=Param("Price Range Max",3000,1,20000,1);

PercChangemin=Param("Percentage Change Min set", -25, -100, 100, 0.1);

PercChangemax=Param("Percentage Change Max set", 25, -100, 100, 0.1);

PerctakeProfit=Param("Take Profit Percent Set",0.6,0.3,30,0.1);

PercStoploss=Param("StopLoss Percent Set",0.25,0.2,5,0.1);



//PlotOHLC(Open,High,Low,Close,"",colorWhite,styleCandle);

Bars = 0;

xpdh = 90;



{

Plot_Range = (TimeNum() >= 85500 AND TimeNum()<= 153500) AND (DateNum()==LastValue(DateNum()));

FH_Range = (TimeNum() >= 085500 AND TimeNum()<= 093000) AND (DateNum()==LastValue(DateNum()));



FH_Prices = High * FH_Range;

FH_Marker = BarsSince(FH_Range>0);



Num_Bars = 36000 / Interval(1);



TimeFrameSet(inDaily);

TOP_ = Open;

PDH_ = Ref(High,-1);

PDL_ = Ref(Low,-1);

PDO_ = Ref(Open,-1);

PDC_ = Ref(Close,-1);

PDM_ = (PDH_+PDL_)/2;

TimeFrameRestore();



isAll = True;

isRth = TimeNum() >= 085400 AND TimeNum() <= 093000;

isdRth = TimeNum() >= 085400 AND TimeNum() <= 160000;



aRthL = IIf(isRth, L, 1000000);

aRthH = IIf(isdRth, H, Null);

aRthLd = IIf(isdRth, L, 1000000);



TOP = TimeFrameExpand(TOP_,inDaily,expandFirst);

PDH = TimeFrameExpand(PDH_,inDaily,expandFirst);

PDL = TimeFrameExpand(PDL_,inDaily,expandFirst);

PDO = TimeFrameExpand(PDO_,inDaily,expandFirst);

PDC = TimeFrameExpand(PDC_,inDaily,expandFirst);

PDM = TimeFrameExpand(PDM_,inDaily,expandFirst);

FHH = Ref(HHV(High*FH_Range,Num_Bars),-FH_Marker);

FHL = TimeFrameCompress( aRthL, inDaily, compressLow );

FHL = TimeFrameExpand( FHL, inDaily, expandFirst );

DayH = TimeFrameCompress( aRthH, inDaily, compressHigh );

DayH = TimeFrameExpand( DayH, inDaily, expandFirst );

DayL = TimeFrameCompress( aRthLd, inDaily, compressLow );

DayL = TimeFrameExpand( DayL, inDaily, expandFirst );





FC1=((PDH-PDL)*0.433);

FC2=((PDH-PDL)*0.7666);

FC3=((PDH-PDL)*1.355);

FC4=(FHH-FHL);



A=IIf((FC4<=FC1+PDH*0.005),FC1,0);

B=IIf((FC4<=FC2+PDH*0.005 AND FC4>FC1+PDH*0.005),FC2,0);

Cl=IIf((FC4<=FC3 AND FC4>FC2+PDH*0.005),FC3,0);

AF=(A+B+Cl);

_SECTION_END();



//foreign

_SECTION_BEGIN ("foreign Index bar graph");

Vr=ParamList("Index",List = "NIFTY_SPT,^NSEI,^NSEBANK,^CNXIT,^NSMIDCP,RELIANCE.NS,SBIN.N S",0);

SetForeign(Vr);

HaC =(O+H+L+C)/4;

HaO = AMA( Ref( HaC, -1 ), 0.5 );

HaH = Max( H, Max( HaC, HaO) );

HaL = Min( L, Min( HaC, HaO) );

BG3=HHV(LLV(HaL,4)+ATR(4),8);

BR3=LLV(HHV(HaH ,4)-ATR(4),8);

co = IIf(Hac>BG3 ,colorBrightGreen,IIf(Hac < BR3,colorRed,colorGrey50));

Plot(4, "", Co,styleArea+styleOwnScale | styleNoLabel, -1, 100);

RestorePriceArrays();



_SECTION_END();



_SECTION_BEGIN ("long signal");





BuyPrice=(DayL+AF);

BuyTP1=(BuyPrice+(BuyPrice*(PerctakeProfit/100)));

BuyTP2=(C>=BuyTP1);

SellPrice=(DayH-AF);

SellTP1=(SellPrice-(SellPrice*(PerctakeProfit/100)));

SellTP2=(C<=SellTP1);

percchange=(((C-TOP)/TOP)*100);

Vol=(V>=Volmin AND V<=Volmax);

Percentage=(percchange>=PercChangemin AND percchange<=PercChangemax);

prc=(C>=priceRL AND C<=priceRH);

BuyStop1=(BuyPrice-(BuyPrice*(PercStoploss/100)));

BuyStop2=IIf((BuyStop1<=SellPrice) AND SellPrice<=BuyPrice,SellPrice,BuyStop1);

SellStop1=(SellPrice+(SellPrice*(PercStoploss/100)));

SellStop2=IIf((SellStop1>=BuyPrice) AND SellPrice<=BuyPrice, BuyPrice,SellStop1);



BuyStop=IIf((Buy AND NOT BuyTP2),BuyStop2,Null);

BuyTP=IIf(Buy AND NOT BuyStop,BuyTP2,Null);



Bars = BarsSince(TimeNum() >= 85400 AND TimeNum() < 092900);

x0 = BarCount-LastValue(Bars);

x1 = BarCount-1;

TOP_Line = LineArray(x0,LastValue(TOP),x1,LastValue(TOP),0);

PDH_Line = LineArray(x0,LastValue(PDH),x1,LastValue(PDH),0);

PDL_Line = LineArray(x0,LastValue(PDL),x1,LastValue(PDL),0);

PDC_Line = LineArray(x0,LastValue(PDC),x1,LastValue(PDC),0);

PDM_Line = LineArray(x0,LastValue(PDM),x1,LastValue(PDM),0);

FHH_Line = LineArray(x0,LastValue(FHH),x1,LastValue(FHH),0);

FHL_Line = LineArray(x0,LastValue(FHL),x1,LastValue(FHL),0);

BuyPriceline=LineArray(x0,LastValue(BuyPrice),x1,LastValue(BuyPrice),0);

BuyStopline=LineArray(x0,LastValue(BuyStop2),x1,LastValue(BuyStop2),0);

BuyTPline=LineArray(x0,LastValue(BuyTP1),x1,LastValue(BuyTP1),0);

SellPriceline=LineArray(x0,LastValue(SellPrice),x1 ,LastValue(SellPrice),0);

SellStopline=LineArray(x0,LastValue(SellStop2),x1, LastValue(SellStop2),0);

SellTPline=LineArray(x0,LastValue(SellTP1),x1,LastValue(SellTP1),0);

DayHline=LineArray(x0,LastValue(DayH),x1,LastValue (DayH),0);

DayLline=LineArray(x0,LastValue(DayL),x1,LastValue (DayL),0);





Plot(IIf(pShowtradeLines,BuyStopline,Null),"BuySto p",colorBrightGreen,styleDots|styleNoRescale| styleNoLine);

Plot(IIf(pShowtradeLines,SellPriceline,Null),"Shor t Here",colorRed,styleDots|styleNoRescale);

PlotShapes(IIf(pShowMarkers AND Buy, shapeHollowUpArrow, Null), colorDarkGreen, 0,L,Offset=-30);



if( Status("action") == actionIndicator )

(

Title = EncodeColor(colorWhite)+ "Nakshatra Super " + " - " + Name() + " - " + EncodeColor(colorYellow)+ Interval(2) + EncodeColor(colorYellow) +

" - " + Date() +" - "+ EncodeColor(colorYellow) + "-Open="+WriteVal(O,1) + EncodeColor(colorYellow) + "- High= "+ WriteVal(H,1)+ EncodeColor(colorYellow) + "- Low= "+ WriteVal(L,1)+ EncodeColor(colorYellow) + "- Close= "+ WriteVal(C,1)+ EncodeColor(colorYellow) + "- Vol= "+ WriteVal(V,1)+("\n")

+WriteIf(Percchange, " % Change = "+(Percchange)+" ","")+" Previous DayHigh="+WriteVal(PDH,1)+", Previous DayLow="+WriteVal(PDL,1)+", Today High="+WriteVal(DayH,1)+", Todays Low="+WriteVal(DayL,1)+

WriteIf(Hac>BG3,EncodeColor(colorBrightGreen)+"+Up ",

WriteIf(Hac<BR3,EncodeColor(colorRed)+"-Down",EncodeColor(colorLightYellow)+"< Flat >")));

/*

GfxSetOverlayMode( mode = 0 );

GfxSelectPen( colorRed, 3 );

GfxSelectSolidBrush( colorPink );

GfxRoundRect( 20, 55, 180, 175, 15, 15 );

GfxSetBkMode(1);

GfxSelectFont( "Arial", 10, 700, False );

GfxSetTextColor( colorDarkBlue );

GfxSetTextAlign(0);

GfxTextOut( WriteIf(SellPrice, "TRP level: "+(SellPrice),""), 30, 60);

GfxTextOut( WriteIf(BuyPrice, "Buy Above: "+(BuyPrice),""), 30, 75);

GfxTextOut( WriteIf(BuyStop2, "Long SL: "+(BuyStop2),""), 30, 90);

GfxTextOut( WriteIf(BuyTP1 , "Long Target 1: "+(BuyTP1),""), 30, 105);

GfxTextOut( WriteIf(SellPrice, "Sell Below: "+(SellPrice),""), 30, 120);

GfxTextOut( WriteIf(SellStop2, "Short SL: "+(SellStop2),""), 30, 135);

GfxTextOut( WriteIf(SellTP1, "Short Target: "+(SellTP1),""), 30, 150);

*/

AddColumn(V,"Volume",1.0);

AddColumn(Percchange,"Change %",1.2);

AddColumn(BuyPrice,"Buy at",1.2);

AddColumn(BuyStop,"Buy Stop at",1.2);

AddColumn(BuyTP1,"Buy Profit at",1.2);

AddColumn(SellPrice,"Short at",1.2);

AddColumn(SellTP1,"Short profit at",1.2);



}



_SECTION_END();





_SECTION_BEGIN("short signal");

HaClose=(O+H+L+C)/4;

HaOpen = AMA( Ref( HaClose, -1 ), 0.5 );

HaHigh = Max( H, Max( HaClose, HaOpen ) );

HaLow = Min( L, Min( HaClose, HaOpen ) );

BG2=HHV(LLV(Low,4)+ATR(4),8);

BR2=LLV(HHV(High,4)-ATR(4),8);

SetBarFillColor( IIf(O <C, colorSeaGreen,colorOrange) );

k = Optimize("K",Param("K",1.75,1,5,0.25),1,5,0.25);

Per= Optimize("atr",Param("atr",10,3,30,1),3,30,1);

j=HaClose;

nm= (H-L);

rfsctor = WMA(nm, PER);

revers = K * rfsctor;

Trend = 1;

NW[0] = 0;

for(i = 1; i < BarCount; i++)

{

if(Trend[i-1] == 1)

{

if(j[i] < NW[i-1])

{

Trend[i] = -1;

NW[i] = j[i] + Revers[i];

}

else

{

Trend[i] = 1;

if((j[i] - Revers[i]) > NW[i-1])

{

NW[i] = j[i] - Revers[i];

}

else

{

NW[i] = NW[i-1];

}

}

}

if(Trend[i-1] == -1)

{

if(j[i] > NW[i-1])

{

Trend[i] = 1;

NW[i] = j[i] - Revers[i];

}

else

{

Trend[i] = -1;

if((j[i] + Revers[i]) < NW[i-1])

{

NW[i] = j[i] + Revers[i];

}

else

{

NW[i] = NW[i-1];

}

}

}

}



Plot(NW, "", IIf(Trend == 1, 6, 4), 4);



Buy=Cross(j,nw);

Short=Cross(nw,j);

Sell=Cross(nw,j);

Cover=Cross(j,nw);

Buy=ExRem(Buy,Sell);

Sell=ExRem(Sell,Buy);

Short=ExRem(Short,Cover);

Cover=ExRem(Cover,Short);

dist = 1.5*ATR(15);

for( i = 0; i < BarCount; i++ )

{

//if( Buy[i] ) PlotText( "Buy@" + O[ i ], i, L[ i ]-Trend[i], colorDarkBlue, colorYellow );

//if( Sell[i] ) PlotText( "Sell@" +H[ i ], i-4, L[ i ]+Trend[i], colorRed, colorYellow );

}



//PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,halow,-30);

//PlotShapes(IIf(Sell, shapeHollowDownTriangle, shapeNone),colorWhite, 0,hahigh,-15);

//PlotShapes(IIf(Cover, shapeHollowUpTriangle, shapeNone),colorWhite, 0,halow,-15);

//PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorWhite, 0,hahigh,-30);



_SECTION_END();

10th Result on your mobile