PROTECTED SOURCE SCRIPT

TechDash+Deliv :MultiCondition Dashboard for Swing,Position

258
TechDash+Deliv: Multi‑Condition Dashboard for Swing/Position Trading

This dashboard is designed for swing and position trading on Indian stocks (NSE/BSE), combining multi‑timeframe trend, momentum, volume, and sector context into a single visual panel. It helps filter high‑probability setups by requiring alignment across multiple factors, reducing false signals in choppy or low‑volume markets.

► Strategy Logic (Conceptual Flow)

The script evaluates 6 key conditions:

1. Short‑term trend: Price above EMA 21
2. Medium‑term trend: Price above EMA 50
3. Long‑term trend: Price above EMA 200
4. Momentum: RSI in the 45–65 range (avoiding overbought/oversold extremes)
5. Participation: Volume > 1.25× its 5‑bar average
6. Trend strength: Supertrend in bullish mode

A BUY signal is generated only when **4 or more of these conditions are satisfied** (this threshold is configurable). This multi‑condition approach ensures that entries are taken only when trend, momentum, and volume align, rather than on a single indicator.

► Dashboard Features

The on‑chart panel shows:

- Technical Signals:
EMA 21 / 50 / 200 status, RSI 45–65, Volume > 1.25× avg, Supertrend direction.

- Delivery Volume Proxy:
- Delivery Qty (K) and Avg Delivery Qty (K)
- Delivery Qty × Avg (a proxy for delivery strength)
- Highlighted in light green when Delivery Qty > 2× Avg — indicating unusually strong delivery interest, often seen during accumulation.

- Sector & Market Context:
- Sector, Industry
- Sector Index % change (e.g., NIFTY, BANKNIFTY, etc.) to gauge relative strength.

► How to Use

- Best timeframes: Daily or higher (weekly) for swing/position trading.
- Best assets: Liquid NSE/BSE stocks with consistent delivery activity.
- Entry: Use the BUY arrow as a trigger, but always confirm with:
- Price action (support / breakout / candlestick pattern)
- Sector strength (prefer stocks in outperforming sectors)
- Proper risk management (stop‑loss below recent swing low, position sizing as per your risk profile).
- Exit: Combine with trailing stop, target levels, or trend reversal signals.

► Why This Combination?

This is not just a simple mashup of indicators; it is specifically tuned for Indian delivery/swing trading:

- Multi‑timeframe EMA filter (21/50/200) ensures alignment across short, medium, and long term.
- RSI 45–65 avoids chasing overbought stocks or catching falling knives.
- Volume + delivery proxy helps focus on stocks with strong participation and genuine delivery interest.
- Supertrend adds trend‑strength confirmation.
- Sector context prevents buying weak stocks in weak sectors.

The dashboard format allows quick visual scanning of all conditions, making it easier to spot high‑probability setups without cluttering the chart.

► Important Notes

- Delivery Qty is a proxy based on volume (since TradingView does not provide real delivery data).
- You can later replace this proxy with real delivery data (e.g., from screener or broker) if available.
- This is a decision‑support dashboard, not a fully automated trading bot. Always use price action, sector strength, and proper risk management.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.