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The new Sector Volume scanner lets you analyze volumes across all groups and segments. You can choose to view volume. A higher volume percentage indicates significant activity in that group.
Data can be exported as a CSV file.
Path: Scanners -> Smart Scanners -> Sector Volume.
The Double Donchian Mid Channels Indicator is now available on all charts. This is based on two parameters: Slow Donchian Channel Period and Fast Donchian Channel Period.
In our latest release, we have added the Smoothened Super Trend indicator which integrates an average calculation into the Super Trend indicator along with its System Builder conditions across all chart types.
Introducing the Chande Kroll Stop indicator, a tool for setting stop-loss levels based on market volatility. Developed by Tushar Chande and Stanley Kroll, this indicator uses ATR to determine optimal stop distances for both long and short positions, helping you manage risk effectively.
Bearish Brick Equal To N Bricks:
Identifies bearish brick where the bearish brick formation is exactly equal to a specified number (N) of bricks.
Bearish Brick Less Than N Bricks:
Identifies bearish brick where the formation consists of fewer than N bricks.
Bearish Brick More Than N Bricks:
Identifies bearish brick where the formation consists of fewer than N bricks.
Bullish Brick Equal To N Bricks:
Identifies bullish brick where the formation equals a specified number (N) of bricks.
Bullish Brick Less Than N Bricks:
Identifies bullish brick where the formation consists of fewer than N bricks.
Bullish Brick More Than N Bricks:
Identifies bullish brick where formations exceed N bricks.
We have added the Volar Conservative Indicator, created to provide you with additional insights into volatility along with its system builder conditions.
We have added the Gap Up Down Scanner in the Smart Scanner segment. This tool allows you to analyze stock performance following gap up or gap down patterns.
Select your desired market segment and stock group, then choose the gap condition to evaluate. The output will display key metrics, including the number of occurrences, hit ratio, and failure ratio.
For example, when scanning for gap ups, you will see how many times a gap up occurred, the percentage of stocks that closed above the gap, and the percentage that closed below it. This scanner provides valuable insights into stock behavior after gap openings, enhancing your trading strategies.
Path: Scanner -> Smart Scanners -> Gap Up Down Scanner.
Introducing the Renko Price & RS Scanner, a powerful tool that enables you to identify outperforming and underperforming scrips using Renko Relative Strength charts. This scanner allows you to run scans based on pre-defined patterns and strategies or create your own, applicable across any market segment and timeframe. You can define parameters such as brick value, chart type, reversal value, and timeframe, while also having the option to run scans on various price patterns or indicators. You can apply existing strategies from the System Builder, select intraday timeframes, and save or export your scan results in CSV format.
Path:Scanner -> Smart Scanners -> Renko Price & RS Scanner.
The introduction of the Negative Retracement Tool equips traders with an advanced mechanism to evaluate further levels in any trending markets.
Presenting the Multi-timeframe Matrix for Heikin-Ashi Charts. This feature allows you to analyze multiple timeframes simultaneously.
Intra Action Watch Scanner: With the latest update, your previously selected conditions will remain intact after reopening the Intra Action Watch scanner.
Dynamic Groups: We have added dynamic groups in all real-time scanners.
Modify Indicator on Double Click: You can now modify indicators with a simple double click on the indicator. This feature simplifies your workflow and provides immediate access to adjustments.
Average Line in Delivery Volume: The addition of an average line in the delivery volume chart provides a clearer visualization of trading volume trends. This enhancement aids traders in gauging overall market interest and making more informed decisions based on volume data.
Market Watch User Preferences: You can now customize the Market Watch, including font and color settings for the Order Book, Trade Book, Positions, and Holdings. This personalization feature allows for a more tailored trading interface that suits your individual preferences.
% Change in Candlestick Chart Commentary: The commentary section of the candlestick chart now includes the percentage change for all time frames.
Open Indices Chart on Double Click: You can now access indices charts with a simple double click on the index on the menu bar, making it easier to monitor market trends and overall market performance without navigating through multiple menus.
Index Widget: A new Floating Index Widget has been added to the Market Menu, offering quick access to key indices and their performance metrics even if you minimize TradePoint Desktop.
Introducing the Listing Day Breakout Scanner, a powerful tool designed to scan stocks that are trading near their listing day. This scanner enables you to easily identify stocks showing significant action in relation to their listing day price, including both bullish and bearish breakouts. Whether you are looking for stocks that are breaking above or below their listing day levels, this tool provides a streamlined way to spot these opportunities.
Path: Scanner -> Smart Scanner -> Listing Day Breakout Scanner.
Gained By-Lost By N Percent indicator helps to identify significant price changes and trends. Lost by n% allows you to identify and filter stocks that have decreased in value by a specific percentage (n%) compared to the previous close and Gained by n% identifies stocks that have increased in value by n% compared to the previous close.
Introducing Auto Open Vertical Counts for Point & Figure charts. This tool automatically plots open vertical counts for both upward and downward movements. It simplifies the process of identifying potential price targets based on the vertical count. This tool plots vertical counts whose targets are still open.
Path: Task Bar -> Count -> Auto Open Vertical Counts.
We have introduced a range of new indicators to enhance your charting experience. Each indicator provides unique insights and analysis, offering you a variety of tools to refine your strategies.
To better understand each indicator and its application, visit the following links:
In our latest update we have added Date Breakout Scanner. This scanner helps you to identify scrips that today have crossed the high, low or close of the selected date.
You can customise your search by selecting “ High, Low or Close" to focus on specific breakout criteria.
Path: Scanner -> Smart Scanner -> Date Breakout Scanner.
We have introduced a new option in the Renko EOD scanner. This update includes two scanning options: "Fresh" and "At Last Brick." The "Fresh" option displays results that have already qualified, allowing you to see scrips that met the criteria. Meanwhile, the "At Last Brick" option shows results including scrips that meet the criteria at the current brick.
Path: Scanner -> EOD Scanner -> Renko Scanner / Renko RS Scanner.
Introducing a new feature in Market Watch that allows you to view real-time indicator values alongside stock prices. You can now add multiple indicators of any charting type directly to your watchlist, enabling a more comprehensive and immediate analysis of market conditions.
Expand your trading strategies with the following newly introduced Renko patterns:
Introducing the addition of Intraday timeframe to all Smart Scanners and Matrix Tables.
Introducing the Price Delivery Volume Matrix in the Volume Scanner section! Price Delivery Volume Matrix is a unique way of looking at the volume. You can select the number of bars and run the scanner on a group of stocks of your choice.
The bars are scored based on the price and volume action. If the price is bullish with higher delivery volume the score is positive and if it is bearish with higher delivery volume, then the score is negative.
Our latest update includes the addition of the Cloud Extension feature in the Ichimoku indicator. This update extends the projection of the Ichimoku Cloud further into the future, providing you with a more comprehensive view of potential support and resistance levels. The Cloud Extension helps in anticipating future price movements and trends.
WWe have updated the breadth chart with the inclusion of Average Volume Breadth. This shows the average volume breadth chart of the selected index and will help you in analysing the trend in average volume.
In our latest update we have added the Candle Lock feature. This ensures that candle on your chart is not shown until formed, no longer fluctuating with live price movements. Each candle will now only appear once the selected period is complete.
This feature helps you with preventing early entries and exits.
Now, alongside existing metrics, you can view "Today's P&L" and "Today's % Change" directly. This addition allows you to monitor the profit or loss and percentage change of each position for the current trading session effortlessly.
In our latest update we have added the Delivery Volume Scanner, exclusively applicable to the NSE market. This new scanner allows you to select a group of stocks and perform a scan to gain insights into trading activity. The scanner displays both the total volume and the percentage of that volume that was 'Delivery' during the trading session for all stocks in the selected group. You can easily sort stocks by the highest delivery percentage, helping to identify stocks with strong bullish trends. Conversely, stocks with a low delivery percentage indicate higher speculative activity.
Path: Scanner -> Smart Scanners -> Delivery Volume Scanner
Bearish
This new addition helps you to accurately identify and visualise ranges. This indicator provides clear markers indicating support and resistance levels. Using the selected period volatility data this indicator plots a range which acts as support and resistance levels. Furthermore, conditions for the Range Marker indicator are now available in the System Builder, enabling you to create custom strategies.
Adaptive TSI (True Strength Index) enhances the traditional TSI by adjusting smoothing parameters based on market volatility. It provides timely buy and sell signals through crossovers with its signal line and zero line, suitable for various charting methods and market segments. This adaptability improves accuracy in trend identification and signal generation.
Point & Figure charts now include 'Rare Occurrences - Bullish' and 'Rare Occurrences - Bearish' patterns. Patterns that do not occur often are included in this category. Double Broadening, Multicolumn Triangles and Quadruple breakout are rare occurrence patterns. With this feature, you can scan for stocks that qualify for these rare patterns with a single click.
Introducing the Pocket Pivot Pattern for OHLC charts. This new feature equips users with a powerful tool to identify potential buying opportunities within the market. This pattern has been incorporated into OHLC charts as a bullish signal. You have the flexibility to adjust the period, typically set at 10, to suit your analysis. The pattern detects bullish candles within the chosen period, indicating the candle has absorbed all the downward momentum from the preceding selected period.
BullishBearish
Average line has been added across all Breadth charts, providing a clear visual reference for trend analysis and comparison.
To add average line, right click on the chart and select "Add Avg Line".
This feature provides valuable insights by displaying the quantity of delivered shares. This enhances your ability to analyse market activity based on delivery volumes.
Now plot your PayOff Strategies on Futures charts. Directly use the strategies you have created on Opstra and plot them on Futures charts. You can easily see your profit, loss and breakeven zones. This feature, located in the Tools section, provides a comprehensive view of the performance of your trading strategy.
The Delivery Volume tool provides you with important insights into volume, helping in the identification of bullish or bearish trends. Delivery Volume represents the volume of stock that is physically delivered to buyers from the total traded volume. It signifies the percentage of volume that results in the transfer of shares between accounts, offering a direct measure of investor conviction and participation in that scrip. With this tool, you can easily compare delivery volume as a percentage of traded volume,
allowing you to better understand the trend with quantity
Path:- Tools -> Delivery Volume
You can now seamlessly execute buy and sell orders of individual leg directly from the Option Chain. This addition provides greater convenience in options trading.
The Max Trades feature has been added to the Auto Trade Engine, allowing users to specify the maximum number of trades to execute. This feature provides greater control over trade execution and helps manage risk effectively.
The OHLC Spread Indicator focuses on plotting the difference between the selected two (Open, High, Low and Close) aspects of the price chart.
The Spread indicator is complemented by System Builder conditions, enhancing your scanning and backtesting capabilities.
The OI Profile feature allows you to select the expiry, strike, strike difference, and the number of lines. A bar graph is then plotted on the right side of the terminal, helping you with the critical support and resistance levels using Open Interest data.
TOI RS chart, is a powerful tool for assessing the performance of financial instruments. TOI RS charts focus on comparing the relative strength of two instruments. This comparison is achieved by dividing the TOI value of one instrument by that of another, resulting in a ratio that reflects their performance. Analysing the RS chart allows traders to gauge which instrument is outperforming the other. A rising TOI RS chart indicates that the numerator is outperforming the denominator, while a falling TOI RS chart suggests the opposite. TOI RS charts can be plotted using Line, P&F and Renko methodology. Traders can identify strength and weakness in instruments, use it for pair trading and conduct intra-market analysis using TOI RS charts.
The TOI Comparison line chart enables you to plot Total Open Interest (TOI) data for two tickers simultaneously on a single chart. This functionality facilitates comparative analysis and provides a view of the relative strength between the selected tickers. Users can select their preferred tickers, specify the respective expiry, and strikes to generate TOI data for both tickers.
Added "Intrinsic and Extrinsic Percentage" column in the Option Chain. Now you can easily track the intrinsic and extrinsic values of options directly from the Option Chain interface. There are two components of the premium of an option: intrinsic value and extrinsic value. Intrinsic value reflects the actual value of strike price versus market price. Extrinsic value of an option is time value, implied volatility, etc.
In this release, we have added two new candlestick patterns, namely the Positive Bias Candle and Negative Bias Candle. The Pattern Positive Bias Candle signifies a strong bullish bias when a candle closes in the highest quintile of its range, providing traders with signals for potential upward price movements and favorable conditions for long positions. Conversely, the Negative Bias Candle pattern indicates a significant bearish bias when a candle closes in the lowest quintile of its range, offering insights into potential downward price movements and favorable conditions for short positions.
We have enhanced the “P&F and RS Scanner” with the addition of "Running" and "Fresh" options. These options provide you with more flexibility in scanning.
The Cumulative RSI Indicator helps assessing momentum and trend over short and medium-term periods. It combines the 14-period and 5-period RSI indicators to offer a comprehensive analysis of price movements. The indicator consists of two lines: the green line represents the cumulative RSI indicator, reflecting the strength of price momentum, while the red line represents the average RSI value, providing a reference point for comparison. To know more, click here.
This new indicator offers enhanced insights into market trends and can greatly assist traders and investors. The RSI Delta Indicator measures the change in relative strength index (RSI) values over a specified period. By calculating the difference between current and previous RSI values, the indicator helps identify potential trend reversals, divergences and overbought / oversold conditions in various financial instruments.
With this release, we have seamlessly integrated Bollinger Bands onto the RSI indicator. This combination offers a unique perspective on market trends, oscillations and potential reversals. By overlaying Bollinger Bands on the RSI, users gain a new dimension of analysis, allowing for more accurate identification of overbought and oversold conditions.
Introducing the Smart Don Indicator, a powerful integration of D-Smart and Donchian indicator, now available for all charts. This indicator provides a comprehensive view of market trends and potential breakouts.
Our System Builder tool has also been upgraded to accommodate the new indicators. You can now create advanced trading strategies by incorporating these indicators along with other indicators, patterns and conditions.
Introducing a powerful enhancement to the Ultra Scanner in this release. Now, you can leverage Dynamic Groups to finely filter and customise your scans. One of the key advantages of Dynamic Groups is the real-time updates. These groups will be refreshed every 5 minutes, ensuring users have access to the most up-to-date market data.
The new options include:We are committed to ongoing improvements, and users can anticipate additional dynamic group options in future updates.
Introducing the XO Zone Indicator, a Point & Figure chart indicator created by Prashant Shah. This indicator offers a simplified yet powerful way to assess bullish and bearish momentum in your trading strategies. It is designed to be easy to understand and seamlessly integrates into your existing technical analysis tools.
Momentum Analysis: The XO Zone Indicator provides a straightforward measure of bullish and bearish momentum without relying on complex statistical calculations. It is based on the count of bullish ("X") and bearish ("O") prints in the price pattern.
Price-Based: This indicator is entirely price-based and is plotted directly on your chart, making it easy to interpret.
Zone Visualization: The indicator visually represents the balance between bullish and bearish prints. The green zone indicates a bullish trend, where bullish prints outnumber bearish prints. Conversely, the red zone signals a bearish trend, with more bearish prints than bullish ones.
Price Turning Points: In the commentary box, you'll find information about the price levels at which the bullish zone might transition to a bearish zone or vice versa.
Introducing the Brick Zone Indicator, a Renko chart indicator created by Prashant Shah. This indicator simplifies the assessment of bullish and bearish momentum in Renko charts.
Momentum Analysis: The Brick Zone Indicator provides a clear measure of bullish and bearish momentum without relying on complex statistical calculations. It focuses on the count of bullish and bearish bricks in the price pattern.
Price-Based: This indicator is entirely price-based and is plotted directly on your chart, making it easy to interpret.
Zone Visualization: The indicator visually represents the balance between bullish and bearish bricks. The black zone indicates a bullish trend, where bullish bricks outnumber bearish ones. Conversely, the red zone signals a bearish trend, with more bearish bricks than bullish ones.
Commentary: In the commentary box, you'll find information about the price levels at which the bullish zone may transition to a bearish zone or vice versa.
In response to user feedback and to streamline your trading experience, we have introduced the highly anticipated Basket Order feature. It allows you to manage multiple orders with ease, offering greater control and flexibility in your trading strategies.
With our latest update, you can now choose between "Positional" and "Intraday" while setting up your strategy.
Options ATM Scanner and Multi-Scrip Straddle Scanner now come with a recalibration feature for options strikes during scanning. This means that as market conditions change, the scanner will automatically adjust the options strikes it considers.
Introducing three new ready made dynamic groups tailored to various trading strategies. These groups are generated using our innovative Matrix table. Stay tuned as we expand the universe in this category, adding more groups.
(Note: -These groups are updated daily, keeping you in sync with the latest market trends.)
We've introduced "At" condition to the P&F Fusion Matrix.
The Average True Range percentage (ATR%) value is now visible on in the commentary for Point & Figure charts.
We have added a new feature that allows you to save templates and easily apply them to all your charts. To apply your preferred template just right click on the chart and select "Apply Template". Now select and apply the template you want to plot.
With our latest update, Options ATM Scanner will provide even more control and customisation. You can now choose between Put, Call, or both options before running the scan. This enhancement gives you the flexibility to focus on specific types of options contracts based on your trading strategies and market analysis.
Force Index Indicator has been added to System Builder conditions. The Force Index indicator is a technical analysis tool that helps identify the strength and momentum behind price movements. Now, you can now create trading systems using this indicator.
With this release, we have added the option to Re-Calculate ATM price for the next entry.
Now you can select the strike width in Multi-Scrip Straddle Scanner and Option ATM scanner.
Option Chain has been relocated to the “Market” tab.
In this update we aim to provide you with a more tailored and efficient user experience.
Now you can select monthly, first weekly, second weekly and third weekly expiry before running the Option ATM Scanner.
Now you can add 2 AverageLines in ATR and OBV indicator.
Introducing the Smoothed RSI for ratio charts.
Now you can plot Multi-Leg Chart on P&F and Renko.
Now you can use Definedge System in EOD scanner.
With this release, we have added the option to Re-Calculate ATM price for the next entry.
Auto Trade Engine has been shifted from Settings to the Scanner section.
With this latest update, users now have the ability to automatically square off their algo orders, enhancing the efficiency and convenience of their trading experience.
This release brings a new guise to Market Watch.
In this update we have added Donchian Channel for last n bar/column in System Builder conditions for all charts.
With our latest update, ATR indicator is available in System Builder for Line Break chart.
With our latest release we have added Candle Shadow % in System Builder conditions for OHLC and Heikin-Ashi charts.
Now you can plot Bear Trap Follow Through - Bullish pattern on P&F charts.
With this new update, we have eased the plotting of PCR and Snakes charts by reducing the number of clicks required. You only need to select Expiry, Base Strike Price, Strike Difference and No. Of Strikes.
Once the entry pattern is qualified for ATM Option symbols, your trade will be executed automatically.
We have added two new conditions in System Builder.
Plotting Mutli-leg chart is now simpler.
Now Disparity Index is also available in system builder for Ratio charts.
Intraday lines are now shown by default in PCR and Snakes charts.
With our latest update, we have added Bullish and Bearish 5 Ka Punch which can be plotted separately on Renko chart.
Path;
Open Renko chart > Add Study > Pattern/Tools > Select “5 ka Punch-Bullish or 5 ka Punch-Bearish"
This scanner list downs stocks within group having minimum +5.5% or -5.5% price change. Hence, this tool allow users to list down stocks which are currently volatile in nature because of their price action.
We have added 4 new OHLC patterns in our system. They are -
Now we will providing a radio button to select either from -
Indicator preference: To scan result as per indicator/patterns preference
Scanner condition: To scan result as per system builder condition
We have added 8 new P&F patterns to our system. They are -
‘5 ka Punch - Bullish/Bearish’ is now available on TradePoint Desktop. Please find the below image for reference.
Open Renko chart > Add Study > Select ‘5 ka Punch - Bullish/Bearish’ as your pattern
Now users can hide columns and can also change the font of results after running any Scanners, Matrix, and Tables. Now priorities your columns at your convenience.
We have provided multiple filters and sorting options for Orderbook. Now users can toggle their list at their convenience.
Select the ‘At the money’ strike price and place the order directly from the Option chain itself. Now users don’t have to open Straddle/Strangle charts separately. Use shortcut key ‘F1’ to open the Buy window and ‘F2’ to open the Sell window.
Now create systems/conditions while using scanners. Users also have the option to select pre-defined and earlier user-defined conditions.
Press the shortcut key ‘K’ to view Tick data. This feature is available for all charts. To access this feature use this path: Open any chart > Click on View > Select ‘Tick Data’
A few months back we introduced our Semi-Algo scanner known as Ultra Scanner.
This scanner list down Buy and Sell orders as per set criteria, and with just one click users can place auto orders for their convenience.
In just one click a dialog box will pop up to change Scrip and Market type. Check the below media for reference.
"High Above for Prev Nth Candle" pattern for OHLC & Heikin chart
"Low Below for Prev Nth Candle" pattern for OHLC & Heikin chart
"Highest O in Last N Column" pattern for P&F chart
"Lowest X in Last n Column" pattern for P&F chart
"X-Count Highest in N column" pattern for P&F chart
"X-Count Lowest in N column" pattern for P&F chart
"X-Count Equal in N column" pattern for P&F chart
"O-Count Highest in N column" pattern for P&F chart
"O-Count Lowest in N column" pattern for P&F chart
"O-Count Equal in N column" pattern for P&F chart
This feature helps you manage your trades and minimize your risk. With OCO, you can place two orders simultaneously - a stop-loss order and a profit-taking order - and if one order is executed, the other order will be automatically cancelled. This feature is particularly useful for traders who want to take advantage of volatile markets and need to manage their risk more effectively.
We are excited to introduce our latest feature - Cover Orders. This tool is designed to help you limit your potential losses and protect your profits when trading in volatile markets. With Cover Order, you can set a stop-loss order along with a limit order to buy or sell a security. This means that if the price of the security reaches your stop-loss level, your order will be automatically executed at your limit price, helping you to minimize your losses.
A detailed walkthrough while executing Straddle menu. Now users can opt for two symbols in one go to Buy or Sell.
This scanner helps you scan the stocks that meet your criteria in the P&F price chart and the Relative strength chart.
Path: Scanner > Smart Scanner > P&F and RS Scanner
We have added an interesting feature in the TradePoint desktop trading terminal. We are calling it Ultra trading scanner, it is our first step towards building Algo trading systems.
Path: Scanner -> Real time scanner -> Ultra Scanner