Zaktualizowano 5 godzin temu

Smart Buy Sell Indicator V1

This indicator is designed to identify **potential trend reversals and momentum-based trading opportunities** using a combination of **two EMAs and RSI**.

#### 📊 Indicators Used

Fast EMA (Default: 9 EMA): Tracks short-term price movement.
Slow EMA (Default: 21 EMA): Identifies the broader short-term trend.
RSI (Default: 14): Confirms the strength and momentum of the move.

### 🟢 BUY Signal

A BUY signal is generated when:

The 9 EMA crosses above the 21 EMA, indicating a possible upward trend reversal.
RSI is 50 or above, confirming positive momentum.

How to use: Consider the BUY signal as an indication of bullish momentum. It can be used for a fresh entry or to identify a possible continuation of an upward move.

### 🔴 SELL Signal

A SELL signal is generated when:

The 9 EMA crosses below the 21 EMA, indicating a possible downward trend reversal.
RSI is 50 or below, confirming negative momentum.

How to use: Consider the SELL signal as an indication of weakening momentum or a potential bearish trend. It can be used to exit a long position or, depending on your trading strategy, identify a potential short-selling opportunity.

### ⚠️ Important Usage Tips

* Best used on **liquid stocks and indices.
* The indicator works better when the market is trending.
* Avoid relying solely on signals during **sideways or highly volatile markets**, where EMA crossovers may generate false signals.
* Always consider **support/resistance, price action, volume and the overall market trend** before taking a trade.
* Use an appropriate **stop-loss**, preferably based on the recent swing low for BUY trades and recent swing high for SELL trades.

### In Simple Terms

>EMA crossover identifies the change in trend, while RSI confirms whether momentum supports that direction.

This makes the indicator useful for traders looking for simple, rule-based BUY and SELL signals rather than relying on EMA crossovers alone.

Informacje o Wersji

### Briefing about the Add-ons

The updated **Smart Buy Sell Indicator V1** now includes the following additional features:

#### 1. EMA / SMA Selection

You can select either:

EMA – Exponential Moving Average
SMA – Simple Moving Average

The selected type is applied to the **Fast MA, Slow MA, 50 MA and 200 MA.

---

#### 2. 50 MA – Trend Reference

The indicator now includes a 50-period Moving Average.

* Can be individually turned ON/OFF
* Helps identify the medium-term trend
* Price above 50 MA generally indicates stronger medium-term momentum
* Price below 50 MA may indicate weakness

---

#### 3. 200 MA – Long-Term Trend Reference

A 200-period Moving Average has also been added.

* Can be individually turned ON/OFF
* Helps identify the broader long-term trend
* Price above 200 MA generally indicates a stronger long-term structure
* Price below 200 MA can indicate a weaker long-term structure

Note:The 50 MA and 200 MA are only for trend analysis and **do not affect BUY or SELL signals.

---

### 4. 52-Week High %

The dashboard shows how far the current price is from its 52-week high.

Example:

-11.8%

This means the current price is approximately 11.8% below its 52-week high.

0% means the stock is currently at its 52-week high.

This is useful for identifying stocks trading close to their recent highs.

---

### 5. ATH % (All-Time High)

The dashboard also shows the percentage distance from the stock's All-Time High.

Example:

-20%

This means the current price is 20% below its recorded ATH.

0% means the stock is trading at its ATH.

This helps identify how close a stock is to its historical peak.

---

### 6. ADR % – Average Daily Range

ADR % measures the stock's average daily price movement.

Higher ADR generally indicates:

* Higher volatility
* Larger potential daily moves

Lower ADR generally indicates:

* Lower volatility
* Smaller daily price movement

---

### 7. RVOL % – Relative Volume

RVOL compares the current volume with its average volume.

Example:

RVOL 200% means the current volume is approximately twice the average volume

Higher RVOL can help confirm:

* Breakouts
* Strong momentum
* Institutional participation

---

### 8. Avg TO. – Average Turnover

Avg TO. represents the average traded value of the stock, displayed in Crores.

Example:

₹66.8 Cr

Higher average turnover generally indicates better liquidity and greater market participation.

---

### Overall Usage

The indicator can now be used as a combination of:

Entry/Exit Signals + Trend Analysis + Volume Confirmation + Liquidity Analysis + High Proximity Analysis

The Fast/Slow MA crossover with RSI confirmation remains responsible for generating BUY and SELL signals, while the 50/200 MA and dashboard metrics provide additional confirmation and context.

Informacje o Wersji

### 🟣 Purple Dot — Brief

A purple dot below the candle indicates that the stock is showing strong upward momentum along with high trading volume.

The dot appears only when both conditions are met simultaneously:

Volume is 5,00,000 or more (customizable), and
Price has risen by 5% or more compared with the previous candle's close (customizable).

### How to use it

The purple dot is a momentum alert, not an independent BUY signal. It can be useful for spotting:

* Strong momentum stocks
* High-volume breakouts
* Potential swing opportunities
* Stocks worth monitoring for follow-through

It becomes a stronger confirmation when combined with your BUY signal, 50 MA/200 MA trend, and a breakout near important levels such as the 52-week high or ATH.

Informacje o Wersji

Bug fixed

Informacje o Wersji

Bug fixed

Informacje o Wersji

## New Add-ons

### 🟠 NR7 `ˣ`

* Smallest candle range among the last 7 candles.
* Shows a tiny orange **`ˣ` below the candle.
* Indicates strong volatility contraction** and a possible upcoming breakout.

### 🟠 NR5 `⁺`

* Smallest candle range among the last 5 candles.
* Shows a tiny orange `⁺` below the candle.
* Indicates volatility contraction, but NR7 is generally stronger.

### 📊 Dashboard Size

You can now select:

Tiny | Small | Normal

This changes the dashboard text size according to your preference.

### Quick Use

NR7/NR5 → Wait for breakout → Confirm with trend and volume.

`ˣ` = NR7 (stronger)
`⁺` = NR5 (more frequent)

Informacje o Wersji

Updated the Strong start component

Informacje o Wersji

Minor bug fixed

Informacje o Wersji

Minor bug fixed

Informacje o Wersji

## SVRO — Updated Concept

SVRO is a trading setup concept credited to Manas Arora, customized and automated in the indicator.

SVRO combines four confirmations:

### S — Strong Start

The stock should show strength in the early part of the trading session.

### V — Value Area High

Price should be trading above the Previous Day's Value Area High (VAH), indicating strength above an important volume-profile level.

### R — Relative Volume

The stock should show the required volume participation compared with its normal average volume.

### O — Opening Range Breakout

Price should break above the Opening Range.

---

## SVRO BUY Trigger

A BUY signal is generated only when all four conditions are satisfied:

Strong Start
+
Above Previous Day VAH
+
Relative Volume Confirmation
+
Opening Range Breakout
↓
SVRO BUY

## Updated Timeframe Feature

You can now select the SVRO Signal Timeframe:

### 🟢 5-Minute SVRO

All SVRO conditions are evaluated using the 5-minute setup.

SVRO Timeframe = 5 Minutes
Opening Range = First 5 Minutes

This provides an earlier and faster BUY trigger.

### 🟢 15-Minute SVRO

All SVRO conditions are evaluated using the 15-minute setup.

SVRO Timeframe = 15 Minutes
Opening Range = First 15 Minutes

This provides a slower and more conservative confirmation.

## Important: 5M and 15M Signals Are Independent

A 5-minute SVRO BUY does not automatically mean a 15-minute SVRO BUY will trigger.

Each timeframe evaluates the setup independently.

5M SVRO BUY ≠ Automatic 15M SVRO BUY

For example:

5M SVRO → BUY 🟢
15M SVRO → NO 🔴

is possible.

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## Dashboard Behaviour

When the selected SVRO timeframe generates a valid BUY:

* On the selected intraday timeframe → SVRO = BUY
* On the Daily chart → SVRO = BUY 5M or BUY 15M, depending on the selected SVRO timeframe.

The standalone SS row has been removed from the dashboard, since Strong Start is already included as the S condition inside SVRO.

Informacje o Wersji

### Brief about the current add-ons

* Trend Filter – Checks whether the stock meets the selected trend criteria.
* Prior Uptrend – Shows whether the stock had a meaningful uptrend before the current setup.
* ADR % – Displays the stock's Average Daily Range percentage.
* RVOL % – Shows current volume strength compared with its average volume.
* 52W High – Indicates how close the stock is to its 52-week high.
* ATH – Indicates the stock's position relative to its All-Time High.
* Avg TO. – Shows average turnover/liquidity.
* PP – Indicates whether the price meets the Pocket Pivot condition.
* SS (Strong Start)** – Now requires:

* Positive opening above the previous close
* Low holding above 99.5% of the previous close
* First 5-minute volume ≥ the selected threshold (default 10% of average daily volume)
* Price crosses the **previous day's high
* Mkt. Breadth – Shows the breadth condition of the user-selected market index.

ORB and SVRO have been completely removed.

Informacje o Wersji

Minor correction done to SS. working fine now

Informacje o Wersji

Upgraded the Market breadth logic

przedwczoraj

Informacje o Wersji

Added Vwap as an optional indicator for intraday trading.

5 godzin temu

Informacje o Wersji

Improved Market breadth feature

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