The T7 JNSAR technical indicator for NIFTY a must have tool for NIFTY positional traders.
The JNSAR (Just NIFTY Stop and Reverse) a NIFTY trading system from the brilliant mind of Ilango coded on Tradingview by Syam Mohan.
3 Likes
needs more simple explanation.
Hi, just click on tradingview indicator, or his blog… it have next level of details
Indicator page have source , and u can see average of last 5 day’s ( ema high+low+close ) is taken…
sum = ema(high, 5) + ema(low, 5) + ema(close, 5)
sum := sum + ema(high[1], 5) + ema(low[1], 5) + ema(close[1], 5)
sum := sum + ema(high[2], 5) + ema(low[2], 5) + ema(close[2], 5)
sum := sum + ema(high[3], 5) + ema(low[3], 5) + ema(close[3], 5)
sum := sum + ema(high[4], 5) + ema(low[4], 5) + ema(close[4], 5)
jnsar = round(sum/15)
buy = close > jnsar
short = close < jnsar
plot(jnsar,color=green,linewidth=4)
2 Likes
It would be great, if we can have it for kite…
Hello Experts. Is it possible to write the conditions for JNSAR in Streak ?