FnoPulse ST is an indicator it will show over bought and over sold to identify the reversals. it is created based on the intraday price movements. By using this we can detect reversals, continuations and trend strength, read on. ( we can apply this in lower timeframes like , 5min, 15min, 30min, 1hr)
FnoPulse ST has 3 main components: Trend Cloud (Green/red area ) Signal line (Green/Red) background color (Green/Red)
How does it work? The Cloud is in green trend is in uptrend. The Cloud is in red trend is in downtrend. The signal will show the momentum . The background color will show the stock direction.
What are the signals? it wont generate any signals. just it will plot only cloud and signal line of trend.
Can we set the Alert on this? No, we can not set the alert based on cloud or signal line..
IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min, 15min, 30min, 1hr time frame. Lower/High period gives more incorrect signals. Don't use this in daily time frame.
Try it! Good luck and good trading!
For access, please PM us or visit the link below in our Signature.