OPEN-SOURCE SCRIPT

DTC Intra - Intraday Momentum and Context for Day Traders

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What it does

DTC Intra+ is an intraday momentum tool for day traders working the regular session. Its job is to surface momentum days early and keep the day's context in view while a move develops. The core is a set of readings that judge whether today is a real momentum day — a strict gap-and-hold flag, relative volume, an unusual-move profile, and time-of-session structure — supported by the moving averages, volume-weighted average price and a multi-market minicharts panel you use to trade once a momentum day is confirmed.

The parts that are specific to this tool

- Strong Start (gap and hold). Instead of a raw gap-up alert, this flags a day only when the stock gaps up and then holds the gap: the open is above the prior close and the day's low never breaks back below that prior close by more than a tolerance you set. A gap that holds behaves very differently from one that fills, so this is a stricter and more actionable read than a plain gap alert.

- Burst ranker. Counts how many large single-day moves (up 5%, 10% and 17% or more) a stock has produced over a chosen lookback and summarizes the result as a Great / Good / Low read on a daily chart. This describes the stock's momentum regime — whether it is the kind of name that produces the explosive days an intraday momentum trader is looking for — rather than just its state today.

- Multi-market minicharts panel. Up to three mini candlestick panels of any symbols and timeframes you choose are drawn on the chart, so you can watch an index, a sector benchmark or a related market without leaving your main chart. Each mini panel is rescaled to fit its own compact frame, so a very different price scale never distorts your main chart's axis, and each can show its own moving average and volume-weighted average price. The panel is off by default; turn it on with its master switch. If you enable it on a higher timeframe than a panel's own setting (for example viewing a Daily chart with a panel set to 5 minutes), the panel automatically falls back to the chart's timeframe instead of loading excessive intrabar data.

Credit: this panel is adapted from the open-source "Minicharts Multi Market" engine by TradingView user helman13 (Herman Trading), used under its Mozilla Public License 2.0. Several markets side by side with trend and value context on each — which is what an intraday trader watching related instruments needs. Credit for the minicharts engine goes to helman13; the rest of the tool is original to DTC Intra.

Momentum and context readings

A single, repositionable table gathers the numbers that tell you whether today matters:

- Relative volume — today's volume against its historical average.
- Daily average range percentage — a quick read on the stock's typical daily travel.
- The burst ranking and Strong Start flag described above.
- Sector/industry lookup and a session-in-progress readout.

Session structure and volume behavior

- Intraday session boxes (morning, mid-day and afternoon by default, matched to NSE trading hours) with fully editable time ranges, timezone and colors, so you can see at a glance which part of the session a move happened in — participation and reliability differ sharply between the open, the lunch lull and the close.
- Volume-based candle coloring that flags candles trading at 150% and 200%-plus of a configurable average volume, split by direction, so you can see whether a move has participation behind it without a separate pane.
- Daily divider labels to separate trading days on an intraday chart.

Trading tools (used once a momentum day is confirmed)

- Four configurable moving averages (10/20/50/200, choice of simple, exponential, weighted or Hull) and a session volume-weighted average price for intraday trend and mean-reversion reference.

How to use it

- Add it to an intraday chart.
- At the open, watch the Strong Start flag and the relative-volume reading: a held gap on above-average volume early in the session is the setup this tool is built to surface, and the burst ranking tells you whether the stock is the type that follows through.
- Use the session boxes to set expectations for the current window, and the volume candle colors to confirm participation before acting.
- Use the moving averages and volume-weighted average price to time entries and stops, and enable the multi-market minicharts panel to keep an index or related market in view for confirmation.
- Every block has its own on/off toggle, so you can reduce the tool to only the parts you use.

Notes

- Volume-based readings depend on the symbol having reliable intraday volume and are weaker where that data is poor.
- Session times default to NSE market hours in the Asia/Kolkata timezone and are meant to be edited to your own market and location.
- Tables and colors adapt to a light or dark chart automatically.
- Open source. Every input has a plain-language label and tooltip, so you do not need to read Pine to use it.
- For educational and informational purposes only. Not financial advice.

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