BankNifty Volume Indicator by Trading_Khiladi

KEY TAKEAWAYS

-Uses BankNifty Index Stocks Volume.

-BankNifty Volume Indicator is created by adding all BankNifty Stocks Volume together.

-BankNifty Volume will be an important indicator in BankNifty Index technical analysis because it is used to measure the relative significance of a market move.

-The higher the volume during a Banknifty index price move, the more significant the move and the lower the volume during a Banknifty index price move, the less significant the move.

-Moving Average is also added.

BANKNIFTY

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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