OPEN-SOURCE SCRIPT
Indian Equities Theme Tracker [EWT] - Sector Rotation Heatmap
Identify where the "Smart Money" is flowing in the Indian Markets.
The Indian Equities Theme Tracker [EWT] is a powerful visual dashboard designed for NSE traders and investors to monitor sector rotation and relative strength in real-time. By tracking the most liquid Exchange Traded Funds (ETFs), this tool provides a birds-eye view of the Indian economy—from core benchmarks like Nifty 50 and Nifty 500 to high-growth themes like Defence, EV, Tourism, and Energy.
In modern markets, capital doesn't move into all stocks at once; it rotates between sectors. This script helps you spot the leaders and laggards across five different timeframes, ensuring you are always positioned in the strongest themes.
🚀 Key Features:
23+ Essential Themes: Tracks Broad Market, Market Caps (Mid/Small), Sectors (IT, Bank, Auto, Metal), and Narratives (Defence, Tourism, EV, Energy).
Dynamic Performance Sorting: Automatically reorders the table based on your selected lookback (1 Day, 1 Week, 1 Month, 3 Months, or YTD).
Heatmap Logic: Intuitive color coding helps you instantly identify extreme bullishness or bearishness across the board.
Liquidity Focused: Uses the most liquid NSE ETFs (BeES and equivalent) to ensure the data is accurate and reflects tradeable prices.
Pro UI Design: A clean, professional dashboard that can be positioned anywhere on your chart without cluttering your price action analysis.
📊 Themes Included:
Benchmarks: Nifty 500, Nifty 50, Nifty Next 50.
Market Caps: Midcap 150, Smallcap 250.
Sectors: Private & PSU Banks, IT, Pharma, Healthcare, FMCG, Auto, Metals, Infra, Realty.
Thematic/Narratives: Defence, Tourism, Energy, EV & New Age Automotive, Consumption.
Safe Havens: Gold & Silver.
🛠️ How to use:
Timeframe: Switch to the Daily (D) timeframe for the best results.
Settings: Use the inputs to change the table position (Top/Middle/Bottom) and the sorting criteria.
Strategy: Look for themes that are consistently at the top of the "1 Month" and "3 Month" lists—these are your structural leaders. Use "1 Day" to spot quick tactical bounces.
Disclaimer: This indicator is for educational and informational purposes only and does not constitute financial advice. Always perform your own due diligence.
The Indian Equities Theme Tracker [EWT] is a powerful visual dashboard designed for NSE traders and investors to monitor sector rotation and relative strength in real-time. By tracking the most liquid Exchange Traded Funds (ETFs), this tool provides a birds-eye view of the Indian economy—from core benchmarks like Nifty 50 and Nifty 500 to high-growth themes like Defence, EV, Tourism, and Energy.
In modern markets, capital doesn't move into all stocks at once; it rotates between sectors. This script helps you spot the leaders and laggards across five different timeframes, ensuring you are always positioned in the strongest themes.
🚀 Key Features:
23+ Essential Themes: Tracks Broad Market, Market Caps (Mid/Small), Sectors (IT, Bank, Auto, Metal), and Narratives (Defence, Tourism, EV, Energy).
Dynamic Performance Sorting: Automatically reorders the table based on your selected lookback (1 Day, 1 Week, 1 Month, 3 Months, or YTD).
Heatmap Logic: Intuitive color coding helps you instantly identify extreme bullishness or bearishness across the board.
Liquidity Focused: Uses the most liquid NSE ETFs (BeES and equivalent) to ensure the data is accurate and reflects tradeable prices.
Pro UI Design: A clean, professional dashboard that can be positioned anywhere on your chart without cluttering your price action analysis.
📊 Themes Included:
Benchmarks: Nifty 500, Nifty 50, Nifty Next 50.
Market Caps: Midcap 150, Smallcap 250.
Sectors: Private & PSU Banks, IT, Pharma, Healthcare, FMCG, Auto, Metals, Infra, Realty.
Thematic/Narratives: Defence, Tourism, Energy, EV & New Age Automotive, Consumption.
Safe Havens: Gold & Silver.
🛠️ How to use:
Timeframe: Switch to the Daily (D) timeframe for the best results.
Settings: Use the inputs to change the table position (Top/Middle/Bottom) and the sorting criteria.
Strategy: Look for themes that are consistently at the top of the "1 Month" and "3 Month" lists—these are your structural leaders. Use "1 Day" to spot quick tactical bounces.
Disclaimer: This indicator is for educational and informational purposes only and does not constitute financial advice. Always perform your own due diligence.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
True Wave Scanner - scanner.elliottwavestrading.com
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.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
True Wave Scanner - scanner.elliottwavestrading.com
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.