Options Scalping V2

This Indicator is Owned by Team Option Scalping.
It has 4 Plots and 2 Tables.

This indicator to be used only in BankNifty Futures

VWAP ( Volume weighted average price )
• User can input the source and enable/disable the VWAP from input section.
• When price is more than the VWAP its Bullish Trend and vice versa.

VWMA ( Volume weighted moving average )
• Default value of 20 is used in VWMA . User can enable/disable it from input section.
• When price is more than the VWMA its Bullish Trend and vice versa.

Parabolic SAR
• User can input “start”, “increment” and “maximum” values from input section and can enable/disable SAR also.
• When price is more than the Parabolic SAR its Bullish Trend and vice versa.

SuperTrend
• User can input ATR Period and ATR Multiplier values from input section. By defaults it’s 10 and 2.
• User have option of enable/disable “Change ATR calculation Method”, if enabled then ATR is calculated differently for SuperTrend.
• Enable/disable “BUY/SELL signals” on SuperTrend.
• When price is more than the SuperTrend its Bullish Trend and vice versa.


Top Right Corner TABLE ( 6 , 10 )

When you are trading in Banknifty futures , we have to check major Banks which is contributing to Banknifty move. So we have given that in this tab.

This table consist data of 9 following stocks:
• BankNifty
• Nifty
• Dow
• INDIA
• VIX
• HDFC
• ICICI
• KOTAK
• AXIS
• SBI

And following data of each stock has been provided:
• LTP
• Daily Change
• Daily Percentage Change
• 15-minute Change Percentage
• 1-Hour Change Percentage


Bottom Right Corner TABLE (3, 6 )

This table consist of 4 indicators values and Up/Down indicator:
• VWMA (When price is more than the VWMA its Bullish and vice versa)
• SuperTrend (10.2, When price is more than the SuperTrend its Bullish and vice versa.)
• RSI (14)
• VWAP (When price is more than the VWAP its Bullish and vice versa.)

Versionsinformation:

Updated Color Transparency

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Added INDUSINBK Data

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Now Can Enable/Disable Indicator Table

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Dow Symbol update

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Minor update of Dow symbol to YM1!

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Color update

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Color Transparency update

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Minor Color Update

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Convert Script to version 5
Table position option

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Minor Updates