NIFTY 500 - VWAP + POC Scanner [Intraday] Sanjeev
NIFTY 500 Intraday Scanner - Price vs VWAP and Price vs POC in one table.
This indicator scans NIFTY 500 stocks on 5-minute timeframe and shows real-time status for intraday trading.
LOGIC:
1. VWAP = Anchored Session VWAP (Institutional trend)
2. POC = Point of Control (Highest volume price level of last 2 hours - Fixed Range logic)
3. LONG SIGNAL = Price > VWAP AND Price > POC (Strong Buy Momentum)
4. SHORT SIGNAL = Price < VWAP AND Price < POC (Strong Sell Momentum)
HOW TO USE:
- Set chart to 5-Minute timeframe
- Add Market Cap >= 50B INR filter for liquidity
- GREEN ROW + ▲ LONG = Look for Buy setups only
- RED ROW + ▼ SHORT = Look for Sell setups only
- Use for NIFTY 500, NIFTY 200, Bank Nifty intraday
Note: Due to TradingView limit of 64 securities per script, duplicate this script 8 times to cover full NIFTY 500.
Best for: Scalping, Intraday Momentum, VWAP Strategy, Volume Profile Trading.
Version: Pine Script v6
This indicator scans NIFTY 500 stocks on 5-minute timeframe and shows real-time status for intraday trading.
LOGIC:
1. VWAP = Anchored Session VWAP (Institutional trend)
2. POC = Point of Control (Highest volume price level of last 2 hours - Fixed Range logic)
3. LONG SIGNAL = Price > VWAP AND Price > POC (Strong Buy Momentum)
4. SHORT SIGNAL = Price < VWAP AND Price < POC (Strong Sell Momentum)
HOW TO USE:
- Set chart to 5-Minute timeframe
- Add Market Cap >= 50B INR filter for liquidity
- GREEN ROW + ▲ LONG = Look for Buy setups only
- RED ROW + ▼ SHORT = Look for Sell setups only
- Use for NIFTY 500, NIFTY 200, Bank Nifty intraday
Note: Due to TradingView limit of 64 securities per script, duplicate this script 8 times to cover full NIFTY 500.
Best for: Scalping, Intraday Momentum, VWAP Strategy, Volume Profile Trading.
Version: Pine Script v6
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.