
Nitin R
@finallynitin
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Swing Trader | Pine Coder | Graphics Creator
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Joined August 2019
The time has finally arrived to simplify how we use the volume indicator on our charts. With a Tradingview script at the end, here is a thread🧵 on what “simple” volumes are, & how to use them: 👇
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I recently received a voice message from @AnkurPatel59 about one of his projects, asking me ten things about trading that I wish I had known earlier. Here’s the (not-so-serious 😅) conversation, skillfully turned into a mini-podcast by Ankurbhai!
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Guys, please follow Himanshu bhai's new account, @thechartist26. The old account, @_chartitude, is currently compromised. Do not interact with it. It's scary to lose one's account built over years of patience & effort, & takes a lot of courage to start over. Support him, guys.
I have left hope from @X. I just want you all to help me reach the old followers as they are unaware. All it takes is to retweet the tweets or spread the word. I used that account to raise money even for the NGOs and that’s what I consider as a loss as of now.
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Dynamic sizing is an edge. Today I shorted BankNifty. The first trade hit its SL, & the second trade hit its target. Overall impact on portfolio: 3.89%. How? The first trade was small, but the second used the entire account equity.
@StockyMind Out now with about 3.8% returns on portfolio.
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Here is a song I made using @SunoMusic . 🎶 Chhoti si entry le loon kya. Enjoy at full volume! 😄
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Turnover is, to an extent, direction-agnostic. Most positive price action occurs when turnover discards this agnosticism and rises with the contribution of both price & volume. When either price or volume is lacking or is in the opposite direction from the other, seek context.
🚨 Presenting the Simple Turnover Indicator for TradingView, free for everyone!. (codename: 'gamechanger' 😜). Purpose: Stock selection. - The script plots the average turnover by multiplying the moving average of volume and price. The market cap is plotted bar by bar as a
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📈 Here is the link to the Simple Turnover indicator for TradingView:.
tradingview.com
Overview Turnover, or the total value traded over a given period, helps you gauge whether there’s enough liquidity in the instrument being traded. This indicator calculates the average turnover and...
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