OPEN-SOURCE SCRIPT
Updated MarketCap (in Crores)
What the actual "Market Cap" indicator does:
If you were asking for a description of the code we built earlier, here is how it works:
The Math: It automatically fetches the total number of outstanding shares a company has and multiplies it by the current stock price to find the total Market Capitalization.
The Conversion: Because Indian traders read large numbers differently than the US standard, the script takes that massive raw number and divides it by 10,000,000.
The Result: It plots a clean, easy-to-read line on your chart where the numbers represent exact Rupees in Crores (e.g., displaying "5000" instead of "50,000,000,000").
If you were asking for a description of the code we built earlier, here is how it works:
The Math: It automatically fetches the total number of outstanding shares a company has and multiplies it by the current stock price to find the total Market Capitalization.
The Conversion: Because Indian traders read large numbers differently than the US standard, the script takes that massive raw number and divides it by 10,000,000.
The Result: It plots a clean, easy-to-read line on your chart where the numbers represent exact Rupees in Crores (e.g., displaying "5000" instead of "50,000,000,000").
Release Notes
Added opacity editor.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.