#Tightness trading is about identifying compression in candlesticks (low volatility zones) and positioning for the explosive moves that usually follows. #stocktrading
Have made a YT video to explain the complete setup to trade tightness around middle BB.
https://t.co/9cEtxiOg0H
The market punishes impatience twice—first with bad trades, then with fear when the right trade finally appears.
Patience creates profits. Activity creates anxiety.
#stockmarkets#StockMarket
“The stock market is neither efficient nor random. It is not efficient because there are too many poorly convinced opinions; it is not random because strong investor emotions can create trends.”
- William O’Neil
#sundayvibes#investing#StockMarket
🚨 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 background behind the turnover bars.
- This helps the trader gauge whether there’s enough liquidity in the instrument being traded.
⦿ Turnover expansion
- Observe when the average turnover suddenly expands from its previously subdued values.
- This occurs when money begins to flow in due to a catalyst, sectoral push, news flow, or any institutional activity.
⦿ HTQ (Highest Turnover in a Quarter)
- Every time the turnover reaches a new high in a quarter, the color of the turnover bars turns dark green.
- This represents the HTQ (Highest Turnover in a Quarter), and multiple consecutive HTQs indicate a significant influx of funds into that stock.
⦿ Relative liquidity comparison with TOMCAP
- Even average turnover can sometimes overlook the context if we don’t know the company's size. That’s why the script also measures Turnover to Market cap ratio (TOMCAP), answering, “What percent of the company’s value trades each day?”
- For example, a small-cap stock with ₹1 Cr turnover but only ₹50 Cr market cap (Tomcap = 2 %) vs. a large-cap with ₹10 Cr turnover and ₹20,000 Cr cap (Tomcap = 0.05 %).
⦿ Fully customizable
- Dark mode
- Show turnover in Crores or Millions
- Choose between Table or Text
- Enable or disable any row: Turnover, Mcap , FF (free float), 1-Min liquidity, Tomcap or Toff (Turnover to Free Float) ratio
Link to the indicator in the following post. 👇
Market ek taraf, #Zensar dusari taraf. Not a trade recommendation, just observed this. Market sentiments are supreme and take precedence over any setup.
If you are scanning today, mostly you will see one of these 3 types of setups. Make a watchlist of the strongest ones, & take a low-volatile entry in the coming days.
2. "Secrets of Pivot Boss - Revealing Proven Methods for Profiting" by Frank Ochoa
https://t.co/OxR1gsTcXx
3. "Mind Markets And Money" by CA Rudra Murthy, Indrazith Shantharaj
https://t.co/FPHpu0FiiC
This year, gift yourself that you can open again and again. Sharing some of my favourite books on personal finance and trading. #HappyNewYear2025
Links in the thread.
4. "Unknown Market Wizards" by Jack D. Schwager
https://t.co/hf5UcRCgZq
5. "The New Market Wizards" by Jack D. Schwager
https://t.co/hunLUPGAz4
ON MARKET PROFILE & PIVOTS:
1. "Mind Over Markets" by James Dalton, Eric Jones
https://t.co/Or0EXan8Zv