@vivbajaj@vivbajaj sir who sold at the last hour ?? That's the question Midcap was in Green and turned red last hour seems very strategically building short positions.
@KFC_India is this really your Crispy Burger???
If yes pls add this pic to your menu if not kindly reach out to me. Have really had better experience with you guys this is pathetic probably @zomato/@zomatocare order...
#KFC#zomato
🚨 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. 👇