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The Intraday Momentum Trading Scanner is designed to help you identify high-momentum stocks throughout the trading session, allowing you to capitalize on short-term price movements.
Momentum trading involves focusing on stocks that are demonstrating strong price action, making them ideal candidates for intraday trades.
Path: Momentum Scanner -> Intraday Momentum Trading Scanner.
The new Sector Volume feature lets you analyze volumes across all groups, specific sectors, or segments. You can choose to view total volume or delivery volume, with options to explore 'All Sectors', 'NSE Sectors', 'Definedge Sectors', and 'NSE Segment' groups. The output shows average sector volume, current session totals, and percentage changes compared to previous sessions, along with 10-day and 20-day averages. A higher volume percentage indicates significant sector activity. Data can be viewed graphically or exported as a CSV file.
Path: Volume Scanners -> Sector Volume.
Expand your trading strategies with the following newly introduced Renko patterns:
Expand your trading strategies with the following newly introduced P&F patterns:
The Momentum Investing Scanner has been relocated for easier access. You can now find it below the Smart Scanner under the Momentum Scanner's tab.
We have introduced three new indicators to enhance your trading strategies:
The VCP Template scanner, based on Mr. Mark Minervini's "Think & Trade Like a Champion," identifies stocks using the Volatility Contraction Pattern (VCP).
Key rules include:
The scanner displays price retracement from 52-week highs/lows, the RS Score, and the pivot point, a short-term breakout level.
Path: Smart Scanners -> VCP Template
We have added the DCA Volatility Squeeze Indicator across all charts, providing you with a tool to detect periods of low volatility that may precede significant price movements. This indicator helps in identifying potential breakout opportunities, allowing you to capitalise on market volatility.
To improve the user experience and streamline access to strategy testing tools, we have relocated the Strategy Ranker & Strategy Qualification Analysis to the Back Testing menu. This change ensures that all strategy testing related functionalities are consolidated in one place.
We have added two new system builder conditions for the Double Moving Average for on all charts:
Introducing a new update to the Dashboard that enhances your experience with sector analysis. With this addition, you can now access detailed information and analytics about the Sectors In Action.
Path: Dashboard -> Sectors In Action -> Click on any listed sector.
The Adaptive RSI Indicator has been renamed to “D Adaptive RSI” Indicator.
In our latest update we have added Strategy Qualification Analysis to analyse stock performance using various indicators and patterns to understand momentum over time. Choose a stock group, chart type, and strategy—whether it's an indicator, pattern, or a combination. Use pre-defined, public library, popular conditions, or your custom strategy. The output shows the strategy's monthly and yearly qualification percentages since the stock's inception. For example, if the RSI is above 50 for 10 out of 20 days in January 2020, the qualification for that month is 50%. Months are color-coded: green for bullish and red for bearish. This scanner helps assess momentum quality for any given month.
The D Sector Score Table has been added in D Sector to provide you with a comprehensive overview of sector performance. This score enables you to analyse sector-specific scores, helping you to identify strong and weak sectors.
We have updated the P&F Multi-timeframe scanner and Renko Multi-timeframe scanner by adding the ability to set timeframes separately for each condition.
We have improved the Breadth Scanner by adding a select group button and integrating the NSE Segment. These enhancements make it easier for you to filter and analyse market breadth.
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.
Path: Volume Scanners -> Price Delivery Volume Matrix
In our latest update we have added "Create System Builder" button in the OHLC Indicator Breadth. This addition will help you to seamlessly create systems directly from the OHLC Indicator Breadth interface.
Added "Sectors In Action" within Ready Reports. This feature highlights sectors currently showing notable activity, enabling you to quickly identify potential opportunities based on sector performance.
Path: Ready Reports -> Sectors in Action
"Sectors In Action" now also on Dasboard! Now available directly on your dashboard, this addition provides at-a-glance visibility into sectors exhibiting significant market movement.
We have updated the breadth chart with the inclusion of Average Volume Breadth. This new addition offers you deeper insights into volume and breadth trends.
In response to user feedback, we have extended the limit for the number of bars in backtesting from 100 to 999. This enhancement allows for more extensive historical data analysis, enabling you to conduct thorough backtesting of trading strategies with increased accuracy.
Introducing the Volar Indicator, this indicator calculates volatility-adjusted returns for the selected period, offering a different perspective on a scrip's performance. By factoring in volatility, this indicator provides a more comprehensive measure of how a scrip has performed relative to its risk profile over time.
We have also incorporated System Builder conditions for this indicator.
We have introduced the Trend Score in the P&F Fusion Matrix, providing a complete overview of trends. Also, by clicking on the "Overview" button (before running the scan), you can now easily declutter results to view a concise summary of all the scores, LCP, Setup and Ranking.
The Option Trend Scanner now includes D smart, MAST and EMA indicators.
We have increased the limit for simultaneous analysis in the Multiple Stock Performance and Multiple Ratio Performance charts from 25 to 50.
New ATH (All-Time High) and ATL (All-Time Low) buttons have been incorporated into the OHLC High-Low Retracement Scanner. These buttons streamline the identification and analysis of stocks hitting extreme price levels.
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.
Introducing the Option Trend Scanner, a unique tool created to assess the trend of futures scrips. The Option Trend Scanner evaluates trends by scanning futures, ATM Call and ATM Put charts to identify bullish, bearish or neutral trends based on your selected condition. You can choose from various charting types including OHLC, P&F, Renko and more.
We have updated the visuals in the dashboard for the Nifty D Score and Setup sections. These enhancements aim to improve clarity and provide a more visually appealing interface.
We have added the Delivery Volume % Indicator which provides crucial insights into trading volume, helping in the identification of bullish or bearish trends. Delivery Volume represents the portion of the total traded volume that is physically delivered to buyers, reflecting the percentage of shares that are actually transferred between accounts. This measure offers a direct indication of investor conviction and participation in a particular stock. With this tool, you can easily compare the delivery volume as a percentage of the traded volume, enabling a clearer understanding of market trends based on the quantity traded.
Highest ‘O’ in n Columns
The "Highest 'O' in n Columns" pattern identifies where the scrip has exceeded the highest 'O' value within the last 'n' columns, with 'n' being a parameter defined by you. For example, setting 'n' as 5 and then applying the pattern will highlight the “O” column crossing the highest 'O' value within the most recent 5 columns. This breakout pattern represents a significant bullish move, indicating that the stock has surpassed previous levels of demand.
Lowest “X” in n Columns
The "Lowest 'X' in n Columns" pattern identifies where the scrip has exceeded the lowest 'X' value within the last 'n' columns, with 'n' being a parameter defined by you. For example, setting 'n' as 5 and then applying the pattern will highlight the “X” column crossing the lowest 'X' value within the most recent 5 columns. This breakout pattern represents a significant bearish move, indicating that the stock has crossed the previous levels of supply.
We have added Line Break and Kagi charts to the Momentum Investing Scanner.
The App section now includes three new options: Shelf, Insight and Library.
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.
We have added two new System Builder conditions to the Ichimoku Indicator for all charts.
Introducing the D Score, aa unique technical score developed by the Definedge team. It is perhaps the only score that takes into account different charting types, patterns, indicators, multiple timeframes, and relative strength analysis.
This score takes into account more than 120 studies and weights each study according to the pattern it produces when combined with other studies. To know more click here.
In our latest update we have added "Select Strategy" option in Momentum Investing Scanner. With this new feature, you can now customise your approach by choosing from a range of pre-defined, user-defined or popular strategies within the scanner. By choosing the strategy that best fits your preferences, you can efficiently identify opportunities that match your desired risk-reward profiles
We have added D score meter in all D Reports. This gives you an indication of how bullish or bearish that particular scrip is. To know more about how D Score is calculated please click here.
We have updated the Ichimoku Indicator Digger with new features. You can now take advantage of the Chikou Price Distance and Chikou Cloud Distance columns to get a better understanding of price movements and cloud distance.
The Channel Line tool has been relocated under the “Pitch Fork Tool” section.
Introducing the Momentum Investing Scanner, created to enhance your momentum investment strategies. Drawing from extensive research and analysis in technical trading, this scanner offers a comprehensive solution for investors seeking high momentum stocks. With customisable parameters, you can tailor your stock selection criteria by defining the period and universe of interest. The scanner helps you to analye stocks based on various factors, including maximum retracement from the 52-week high, volume conditions, and Exponential Moving Average (EMA) options. Moreover, the inclusion of relative momentum analysis provides insights into stock performance relative to selected benchmarks. The output window presents essential data such as return percentages, VOLAR scores, and retracement percentages. Furthermore, the scanner supports both absolute and relative momentum strategies, offering versatility for investors.
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.
To plot the OI Profile, please follow these steps:
Position% column has been added in the Donchian and Bollinger Band Indicator Digger, providing you with additional insights into price levels.
The “Select Strategy” window in the Strategy Ranker and Pattern Finder has been updated now, offering you an option to filter bullish, bearish and neutral strategies providing a more streamlined and efficient user experience.
Introducing new conditions for Volume, providing you with expanded options for building custom volume-based trading systems.
Introducing the OI Price Matrix, created to provide you with a comprehensive understanding of price movements and open interest dynamics across various market segments. The OI Price Matrix employs advanced logic to categorise market trends into Long Buildup (LB), Short Buildup (SB), Short Covering (SC), and Long Unwinding (LU) based on price and OI data. You can perform scans and export results for further analysis.
You can now seamlessly execute buy and sell orders directly from the Option Chain. This addition provides greater convenience in options trading.
With the latest update, a new "Options" tab has been integrated into the Buy/Sell window. By selecting this tab, you can conveniently place orders for options of the selected scrip. This simplifies the process of trading options, thereby improving the overall user experience.
Added "Intrinsic Percentage" column in the Option Chain. Now you can easily track the intrinsic values of options directly from the Option Chain interface. Intrinsic value reflects the actual value of strike price versus market price.
Marc Chaikin's Chaikin Money Flow Index (CMFI) indicator has been designed to measure the flow of money over a specified period, typically 21 days, the CMFI combines volume and price data to provide an overview of the market trends. Traders can utilise this indicator to find whether the market participants are accumulating assets through buying or distributing them through selling, thus facilitating early detection of price reversals for making strategic trading decisions.
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.
Introducing NR4 and NR7 patterns for the Heikin-Ashi chart.
Now you can select your preferred segment scrips and groups in the breadth chart while scanning
Introducing the ability to generate multi-breadth charts, allowing users to analyse market breadth across multiple groups simultaneously. Users can select up to 10 groups at a time for breadth result comparison.
For those new to breadth indicators, a quick introduction to some of the indicators is available here.
Users can now easily toggle the visibility of indicators on all charts.
Increased the percentage limit for Target Profit in Back testing. The maximum limit is now 999.
Incorporated System Builder conditions for three Indicators (for all charts).
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.
This release introduces the Ascending Triangle Breakout feature, which identifies ascending triangle patterns. Ascending triangle patterns are bullish formations that typically indicate a potential upward breakout.
With this update, Zone Web now includes the Descending Triangle Breakout feature. Descending triangle patterns are bearish formations that usually suggest a possible downward breakout.
We have integrated the average line functionality into the OHLC Spread Indicator. This addition allows you to visualise the average spread over a specified period.
Integration of Parabolic SAR (Stop and Reverse) conditions for all charts. With this update, traders now have access to a powerful technical indicator developed by J. Welles Wilder Jr., enabling them to better analyse market trends. The Parabolic SAR provides signals for bullish and bearish market sentiment. By incorporating this into your trading strategies, you can effectively identify trend directions, potential reversals, and optimal entry and exit points.
Introducing the Bollinger Band Price% Indicator. It is a pivotal tool for technical analysis, helping traders in identifying overbought and oversold conditions within the market. Price% quantifies the relationship between the current price and the Bollinger Bands, with readings above 50 suggesting potential overbought conditions and readings below 50 indicating potential oversold conditions.
Added a new feature where users can now Replace Groups in Save To Group option by right-clicking on the chart. This functionality enhances the efficiency of organising and managing groups.
With this update, OI (Open Interest) Buildup is now also available in bar chart format. You have the option to choose between table or chart format. This change offers you a more visual representation of Open Interest trends.
We have enhanced Zone Web’s navigation for a smoother experience. MFZone has been shifted under the App section, streamlining the layout and making it easier to access its functionalities.
Incorporated System Builder conditions for three Indicators (for all charts).
Introducing Average Line System Builder conditions for the OHLC Spread Indicator.
Upgraded our Multi Chart Scanner with the integration of Renko RS charts.
Addition of the Open High Low Scanner in Ready reports, providing you with a powerful tool to efficiently identify market opportunities. This new scanner allows you to quickly scan for stocks whose High and Open, or Low and Open prices are same.
Within Ready reports, you can easily access the scanner and choose between the High or Low option. The results provide a comprehensive list of stocks that match the selected criteria.
The change in open interest reflects shifts in the total number of outstanding contracts for a futures or options contract. With increases suggesting growing market interest and decreases indicating declining participation or offsetting positions.
The Open Interest Weighted Average Price (OIWAP) serves as a benchmark, reflecting the average transaction price of contracts opened, helping traders in assessing market sentiment and directional trends.
Deviation from OIWAP measures the deviation between the average transaction price of contracts opened relative to the closing price, highlighting market sentiment and possible divergences between OIWAP and closing prices.
The Body% Indicator is designed to provide insights into the relationship between the body length of a candle and the entire length of the candles. This indicator is applicable to both OHLC and Heikin-Ashi charts.
The Body% Indicator aims to quantify the relative size of the candle’s body compared to its overall length. This metric can help traders assess the strength of price movements and potential reversal signals.
The Trend Volatility Ratio Indicator is designed to identify the direction of volatility momentum, whether it is moving upwards or downwards. This indicator is applicable to all types of charts.
The Trend Volatility Ratio Indicator helps traders gauge the direction and strength of volatility in the market.
The OHLC Spread Indicator focuses on plotting the difference between the selected two (Open, High, Low and Close) aspects of the price chart.
The Size% Indicator calculates the size and average size of past candles and helps assess the momentum of price movements
Added percentage columns for VC1 (Vertical Count 1) and VC2 (Vertical Count 2) in the P&F follow-through scanner.
Introducing descending order sorting based on time for improved usability and efficiency on the Triggered Buzzar page, facilitating easier access to recently triggered alerts.
We have added a new column titled "Created on" to the Buzzar interface. With this addition, users can now easily track when alerts were created.
Renamed "All Indices" to "Sector Performance" for enhanced clarity and specificity.
Introducing a significant update to all the Breadth Scanners. In this release, we have added a new functionality that allows you to choose between NSE and Definedge sectors when performing scans.
Now, you can create custom systems with specific conditions related to Single Moving Average
We have introduced a new %Change column for Price change in Volume movers. This addition allows you to quickly identify scrips experiencing significant price movements.
With this release, we have integrated specific conditions related to the Keltner Channel indicator.
With this update, you can now scan your strategy over a one-year period for intraday timeframes and over a 25-year period for EOD (end-of-day) timeframes.
We have added Breadth Mover under Ready Reports that will help users to view the increase or decrease in the X% breadth of each sector compared to the previous section.
In response to user feedback, we have added descending order sorting functionality in Ready Reports under:
With this release, we have integrated specific conditions related to the Middle Band of Keltner Channel.
In this release, we have added a Replace Group feature that will enable users to overwrite any saved group.
Now, users can conveniently place GTT (Good Till Triggered) orders directly from the Buy/Sell Order window.
This release introduces a new feature in the Price and RS Scanner – the "Save to Existing Group" functionality. This enhancement streamlines the process of organizing and managing scanned data by allowing users to save results directly to an existing group.
Double Keltner ATR Indicator offers users a unique dual-option approach for every parameter, providing unprecedented flexibility in tailoring the indicator to individual trading strategies. With the ability to choose from two values for the Average Period, ATR Period and Multiplier. The Double Keltner ATR Indicator adapts to market conditions, ensuring responsiveness to volatility and offering real-time insights into potential trend shifts.
We have now included the Mutual Fund segment in our Position Size Calculator. This addition allows you to accurately calculate position sizes for Mutual Fund investments.
With this update, we have integrated specific conditions related to the Middle Band of Bollinger Band. The Middle Band of the Bollinger Band is a key technical indicator used in technical analysis to evaluate price volatility and potential trend reversals.
In this release, we have included new pattern conditions in the P&F System Builder. These conditions are designed to identify specific trends after a turtle breakout enhancing the customisation options for your P&F System, allowing you to refine your strategies based on different market conditions.
Super Trend System Builder conditions have been extended to all charts.
We have incorporated Smoothed RSI System Builder conditions for all charts.
Now, users can seamlessly access key fundamental data directly from the watchlist menu. This includes information like key ratios, performance metrics, financials, and shareholding patterns for all the listed companies. Additionally, users can click on the Radar logo for a detailed analysis of the stock, allowing them to gain a better understanding of that company's financial position.
A more user-friendly experience is now at your fingertips with the addition of "Running" and "Fresh" buttons for P&F, P&F RS, Renko and Kagi charts in the multi-chart scanner.
Introducing two new columns – "%From DTB" and "%From DBS." Easily identify potential trading opportunities based on these percentage values.
We have introduced a new %Change column in all price scanners. This addition allows you to quickly identify scrips experiencing significant price movements.
With the new Group Finder, you can effortlessly identify the groups in which a specific scrip is.
With this release we have added the Horizontal Count for 1-Box Reversal Charts. This new feature helps users with an advanced method for projecting price targets, utilising the proven horizontal count technique. You can easily calculate both bullish and bearish counts, with the tool automatically tracking their validity. For smaller formations, an aggressive counting method has been introduced to project targets effectively.
We have added a convenient new feature to streamline your trading experience. Simply right-click on the chart to access the "Save Template" and "Save to Group" options. This helps you to efficiently manage and organise your charts and templates.
In response to user feedback, we have made a significant improvement to the Back Testing functionality. Even when exit conditions are not met, trades will now be exited using the closing price at end of the period.
We have expanded the range of conditions available for the ROC% and ROC Abs indicators.
Our CMIT indicator now includes two additional system builder conditions:
Enhancing the Volatility Expansion Scanner, we have introduced two new columns: %DTB and %DBS.
We have responded to user feedback by introducing intraday timeframes to the Indicator Value Table. Now, you can easily access and analyse intraday data.
Our latest addition, the Trend Angle tool, is now available across all charting methods. This tool provides a visual representation of trend angles, helping you in assessing the strength and direction of trends.
Added "Last Close Price" column to the Performance Table.
Introduced a bullish pullback option in the save-as group feature for P&F Fusion Matrix.
With this update, users can now select two different box sizes and timeframes, a substantial improvement from the previous single option. This advancement allows for a more refined and customised approach while scanning.
The Smart Don Indicator now includes "D Smart Period" and "Donchian Period" for more refined analysis (only for OHLC, P&F, and Renko charts)
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 Auto Gann Projection in Auto Tool for OHLC charts, a powerful feature that utilises the proven principles of Gann Square. Gann Projections are versatile, suitable for both swing trading and long-term price predictions, making them invaluable to traders and investors. With Gann Projection, recognise critical price and time alignments and identify support and resistance levels with ease.
In this latest release, we have added Scrip Info feature, designed to refine your trading experience. With Scrip Info, you can easily access key details such as the All Time High, All Time Low, 52 Week High and 52 Week Low for that scrip.
Introducing a fresh look for the Straddle/Strangle charts window in this latest release. The revamped interface enhances user experience with a sleek and intuitive design.
Introducing the Candlestick and P&F Bull Pull Scanner in the Smart Scanner menu, a powerful tool for traders. Identify qualifying stocks based on conditions like Double Top Buy on higher box-size, EMA crossover and positive column reversals on lower box-size. The Running option flags last column of O on a lower box-size, while the Fresh option notes positive column reversals today. In addition, you can see probable patterns on a lower box-size, such as Super Patterns and Multi-column Breakout Patterns.
Introducing the Smart Don Indicator, a powerful integration of D-Smart and Donchian indicator, now available for OHLC, P&F and Renko charts. This indicator provides a comprehensive view of market trends and potential breakouts.
New conditions added to System Builder for the Mast Indicator:
The Point and Figure Scanner now includes additional columns for PCR (Positive Column Reversal) and NCR (Negative Column Reversal) values.
Our Auto Tool now includes the Running Horizontal count (for 1 box reversal charts). These dynamic counts offer continuous tracking of important open counts on both sides of the market, making it easier for you to identify target clusters and recognize potential trend exhaustion. In a downtrend, when downside counts remain unachieved, it signifies a possible trend reversal, while in an uptrend, the failure to reach upside counts signals bullish exhaustion. Running Horizontal Counts are especially effective during strong trends, where open counts hold a higher probability of being realized.
With this addition, you can now get a deeper understanding of the market's performance in real time. This chart provides a clear visual representation of the number of stocks advancing and declining during the trading session, offering you a quick snapshot of market sentiment.
In addition to our Intraday Advance Decline Charts, we have also added Intraday Advance Decline % Chart. This provides the same insights as the Advance Decline Charts but in percentage terms. By displaying the percentage of stocks advancing and declining, you can gauge market strength and direction.
In the latest update to the Scrip Report, we have introduced the new Relative Strength Pattern and Commentary features, now available for daily, weekly, monthly and quarterly views.
We have expanded our Patterns section with two new additions:
In the Ready Report, we have included a new feature Kelly% in the Position Size Calculator, allowing you to optimize your position sizing and risk management. Investors/traders use the Kelly criterion to determine what percentage of their capital should be used in each trade to maximize long-term returns.
We have increased the limit for both Multiple Stock Performance and Multiple Ratio Performance to 25.
The report will show performance, candlestick patterns, P&F patterns, Renko chart patterns, Line-break chart patterns, pivot table, seasonality performance data of the month and commentary on important indicators. It also scores the index based on 120 parameters, we call it T Score. Score above 20% is bullish, score below 20% is bearish for the instrument.
With the RS Pattern Creator Scanner, you can now easily identify and analyse trading patterns in the market. Choose between Bullish and Bearish options and set your preferred timeframe, box or brick values and look-back period. The scanner provides a clear output, presenting essential data, including the scrip name, LCP , numerator, denominator, RS, total score and the detected pattern. The pattern calculation is based on your chosen Bullish or Bearish option. It examines the conditions on the price chart of the scrips within the specified group, Scrip 2 and the RS chart divided by Scrip 2.
Now traders can take advantage of both indicators in one tool. The Bollinger Bands on ATR Indicator combines the Bollinger Band's ability to identify potential reversals and the ATR Indicator's measurement of volatility.
We have also introduced the Bollinger Bands on Disparity Index indicator, this integration combines the power of both indicators to provide traders with a comprehensive tool for technical analysis. The Disparity Index, represented by a blue line, offers insights into the relationship between the price and the moving average. Bollinger Bands, consisting of Upper (green) and Lower (red) bands, provide information about the volatility and potential price reversal points. By overlaying Bollinger Bands on the Disparity Index, you can gain a deeper understanding of the scrip's price action and volatility within the context of its moving average.
This release brings the ability to overlay Bollinger Bands onto the ADX indicator. Now, with the integration of Bollinger Bands into the ADX indicator, you can gain a more comprehensive view of the market. It may be a sign of a strong trend when the middle band aligns with either band.
Our latest addition to the platform provides an advanced and comprehensive way to assess the performance of defined sectors in comparison to the Nifty 50 index. The Sector Matrix offers a range of valuable insights, including a relative strength analysis, individual scores, Multi Time Frame Ultimate Matrix Score for a holistic assessment, X % Breadth data and DT % Breadth information. This allows you to understand how sector stack up against the broader market, assess sector performance and evaluate the breadth and stability.
Introducing the Breakout Period Scanner, a feature designed to enhance your trading and investment strategies. This helps you identify scrips that have recently experienced significant breakouts. You also get to know when the breakout occurred with the Breakout Period Scanner.
Within the major Tops and Bottoms on a chart, there are often smaller reversals or halts in price movement, which can also serve as reference points and may become major reversal points in the future. These smaller reversals are known as Mini Tops and Mini Bottoms.
With the introduction of Mini-Tops and Mini-Bottoms in Zone Web, P&F charts are now even easier to analyse. This feature simplifies the process of identifying and marking these critical trend reversal points.You now have the option to select specific groups when running the Breadth Scanner. This allows for more targeted and efficient breadth analysis, making it easier to identify trends and opportunities within your preferred groups.
We have expanded the range of system builder conditions by adding more relevant conditions for all types of charts. Now you can create systems based on data from previous N periods, enhancing your ability to develop and test trading strategies.
With this release, you'll have the convenience of viewing the segment, sector and market cap of each scrip right alongside its name (for all scanners).
Introducing Gann Projection Tool for OHLC charts, a powerful new feature that utilises the proven principles of Gann Square. This tool facilitates precise calculations of time, price, square roots and midpoints, allowing for enhanced chart analysis and forecasting capabilities. Gann Projections are versatile, suitable for both swing trading and long-term price predictions, making them invaluable to traders and investors. Recognize critical price and time alignments, identify support and resistance levels with ease.
Managing your trade positions just got easier. Our newly integrated Position Size Calculator within the Ready Report feature allows you to accurately determine the optimal position size for your trades. It simplifies risk management and helps you maintain a disciplined approach to trading.
With this release, we have introduced the Crosshair tool for both OHLC and Heikin-Ashi charts. This new feature will make it easier than ever to precisely analyse and compare price levels, enhancing your charting experience.
In response to your feedback, we've added the Price Flag tool across all chart types. This tool helps you to mark specific price levels.
We have added MACD B Indicator for all charts. MACD-V is an ocillator that combines the MACD (Moving Average Convergence Divergence) line and the ATR (Average True Range) line in a single indicator, offering a comprehensive view of market trends and overbought / oversold conditions.
Now, you can create custom systems with specific conditions related to the MACD-V.
We are excited to announce the addition of two powerful indicators to our platform, OBOI and OFI. These indicators are designed using open interest dynamics to add an edge to your trading strategies.
Now, you can create custom systems with specific conditions related to the OBOI and OFI indicator.
OBOI Indicator:In this release, we have introduced two new features: Multiple Stock Performance and Multiple Ratio Performance. These features are designed to provide you with a comprehensive view of the selected scrip group.
Multiple Stock Performance: With this, you can now track and compare the performance of multiple scrips of the selected group on a single screen.Our Ready Reports now include Gap Analysis, providing you with insights into price gaps that may have occurred in the market.
We have added a new segment called EQW. This segment contains the Equal Weighted Average of predefined NSE and Definedge groups.
In this release, we have added a new indicator called "ATR Deviation Ranking" for all charts.
Now, you can create custom systems with specific conditions related to the ADR Indicator.
We have made UI improvements to our Basket Order feature. The updated interface is more intuitive and user friendly, making it easier for you to manage and execute orders efficiently.
Introducing a significant update to the D Sector. In this release, we have added a new functionality that allows you to choose between NSE and Definedge sectors when performing scans.
We have enhanced the Renko Scanner and Renko RS Scanner with the addition of "Running" and "Fresh" options. These options provide you with more flexibility in scanning.
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.
We understand that efficient symbol management is crucial for traders who monitor multiple charts simultaneously. To simplify this process, we have added a new checkbox option.
Here's how it works:
When the checkbox is TICKED, any symbol change you make will apply to all displayed charts. And when the checkbox is UNTICKED, symbol changes will only affect the chart with the current focus.
In this release, we are introducing the Heatmap feature, which provides you with a visual representation of performance of scrips of a selected group. Heatmap offers a comparative view of all the scrips in a selected group to check their price performance easily and helps identify areas of interest and potential opportunities.
We have added a new feature that allows you to select the expiry for Open Interest Build-Up data.
Introducing 2 New Conditions for Saving Groups in P&F Fusion Matrix.
We've integrated Moving Average into the ADX Indicator for all chart types. This addition allows for a more comprehensive analysis of trends and crossovers.
Enhance your trading strategies with new System Builder conditions specifically designed for the ADX Indicator.
With this release, when you select 75 minute timeframe on any chart, it will automatically begin at 9:15.
With this release we have added a new feature - "Ready Reports."
Here's what you will get in this new addition:
Option Chain has been relocated to the “Ready Reports” tab.
Now you can Import groups from external files with ease. If you have a list in a CSV file, simply upload it and our system will create the corresponding group for you.
The All-Time High-Low Scanner now includes "Fresh" and "Running" options, allowing you to filter and track scrips in a more dynamic way.
Gain a comprehensive understanding of D Phase with the new "Overview" option.
We've added the Adaptive True Strength Index (TSI) indicator, now available for all types of charts. This will help traders gauge momentum and monitor market volatility.
Advance Block - Bearish Reversal:
Identify potential bearish reversals with the Advance Block pattern. This pattern can help in spotting trend reversals.
Descent Block - Bullish Reversal
Identify potential bullish reversals with the Descent Block pattern. This pattern can help in spotting trend reversals
We've expanded the capabilities of our OHLC High Low Retracement scanner by incorporating RS column. This addition provides you with more data for in-depth analysis and scanning of potential opportunities.
Our True Volatility Indicator utilises advanced algorithms to calculate the true volatility of any scrip over a specified time frame. This indicator goes beyond traditional volatility measures, offering a more precise representation of market dynamics.
Now, you can create custom systems with specific conditions related to the True Volatility Indicator.
Use criteria such as:
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.
Our System Builder tool has also been upgraded to accommodate the new Bollinger Bands on RSI feature. You can now create intricate trading strategies by incorporating Bollinger Bands on RSI along with other indicators, patterns and conditions.
With this release we have added Ranking Score Breadth. This feature allows you to assess the strength and performance of the selected group.
Now, you can effortlessly analyse and monitor open interest (OI) data, option greeks and other options data right within RZone.
(Open Interest is a crucial indicator of market sentiments and potential price movements. )
Previously, you had the options to select from Predefined, My, and Public Strategies. With this update, we are introducing the option to select Popular Systems as well.
With this update, the High Low Retracement Scanner gains the ability to factor in a denominator while scanning for potential retracement opportunities within your selected group.
The addition of the intraday timeframes to the Ratio Trend Matrix enables you to capture intraday trends more precisely.
In this update, we have added a powerful feature that allows you to save your chart configurations as templates. Once you create a template according to your preferences, you can easily apply it to any chart with just a few clicks. With this new feature, users can now save multiple templates according to their preferences. To apply your preferred template, click on the "Template" button and select "Create New" or apply the template you have already created.
The XO Zone % with Average introduces a new element, the average line. This line complements the primary XO Zone % line and facilitates a more comprehensive analysis of the trend. The green line represents the XO Zone %, while the red line represents its average.
We've added two new patterns to our ever-expanding repertoire of technical analysis tools;
We have enhanced Zone Web’s navigation for a smoother experience. Rzone and Buzzar have been shifted under the App section, streamlining the layout and making it easier to access these functionalities.
With this latest release, users can now scan using the "Value" option in the Volume scanner, Unusual Volume Scanner and Volume Spurt Scanner
With this latest release, users will now have access to the "Price Time Pattern".
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.
Introducing Chart Observation for OHLC, P&F, Renko and LB charts. Gain deeper insights into price movements with chart observations.
Intra Bull Ratio provides useful insight into bullish market trends and helps identify potential trading opportunities.
We have incorporated the "Create System Builder" button into the Price Scanner, empowering you to swiftly construct and modify trading systems directly from the scanner.
Introducing Intra X-Ratio indicator for Point and Figure charts. This indicator helps you assess buying and selling pressure in the market.
We have added the Turtle Breakout Level to Turtle Breakout Bullish/Bearish pattern. This enhancement provides you with breakout levels of a particular Turtle Breakout Bullish/Bearish.
We have added “Last Trading Day” for MCX scrips which can be seen along with market depth in Watchlist. Now you can easily keep track of the final trading day for MCX scrips in your watchlist.
With this release we have expanded the range of box values for P&F charts and brick values for Renko charts.
This release brings enhancement to our Breadth Indicator as users can now apply moving averages to it.
In this release we have updated GTT order window.
With this update we have added 2 more exit options:
Addition of Up and Down arrows to enhance the visual representation of the indicator's signals.
This update enhances the overall user experience and improves efficiency.
This addition will enhance the functionality of the scanner and you can now filter results more precisely based on your preferences and requirements.
With this update we have added RVI indicator for OHLC chart.
We have added Chikou Period in Ichimoku Indicator digger.
Order Window gets an update with this new release. In addition, we have renamed CNC/Overnight to Positional.
This update allows you to plot Walking Line (WL) and Running Line (RL) with the added convenience of a check box option.
This addition aims to enhance the functionality by allowing you to export Breadth Indicator's data with ease.
We are excited to announce that Buzzar is now officially integrated with Zone Web!
This allows you to conveniently set alerts directly from Zone Web, without the need to switch between different platforms, providing you with a seamless experience.
Now you can add ATR Stop-Loss as a condition in System Builder.
Our latest update brings you real-time access to the top gainers and top losers. With our new Top Gainers and Top Losers Scanner, you can now easily identify the stocks that are experiencing significant price movement at any given moment.
With the addition of order slicing in Zone web, active traders looking to trade large quantity orders can now slice their orders into multiple small orders. Order Slicing allows you to divide your orders into 2 to 25 slices that will be executed one at a time.
We have added 4 new OHLC patterns on Zone web.
Path;
Indicators > Type in “ATR Stop-Loss Indicator” > Enter your preferred ATR Period and Multiplier.
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.
In our recent past update, we introduced a dropdown menu while choosing Pattern Type for your strategy. This drop down menu has 3 major options, which are - Predefine patterns, My Strategies, and Public Strategies. In this option type, users can run this tool with predefined patterns of their choice.
We have added one more addition to this tool. After selecting the Pattern Type, users can check or uncheck patterns of their choice with the help of checkbox menu. Find below GIF for reference.p>
Now users can place Cover Orders on Zone Web. Few days ago, we introduced this feature in our Desktop version.
We provide charts of 7 different types of market. They are NSE, BSE, FUT, OPT, MCX, CUR, and MF. Selecting ‘ALL’ as your market type allows you to search any symbol across different markets. Please find the GIF below for more understanding.
After plotting P&F and Renko charts, now users have the option to select commonly used box values in just one click.
This is an upgraded version of the Indicator value table. Earlier this tool use to list down values of any one (selected) indicator. Now users can select multiple indicators for their analysis. Find below GIF for better understanding.
We have added a few more patterns to our platform to make your trading experience more seamless.
We introduced Panch ka Punch last year for Renko chart. In this new update we have added Bullish and Bearish 5 ka Punch exclusively for Renko chart..
D Smart line indicator was initially available only for Renko charts. Now we have introduced this indicator in OHLC and P&F charts
XOZone % indicator exclusively for P&F chart and BrickZone % indicator exclusively for Renko chart.
A new column is added for the Ichimoku indicator in Indicator Digger. As per current price data, this column will provide the current status regarding Pullback and Crossover for the Ichimoku indicator.
While creating System builder, when you opt for Ichimoku as your indicator you can set condition as per your choice. We have listed down more than 60 predefined condition to make your choice. Here is a glimpse of the same
The watchlist menu is a crucial component of any online broking platform, allowing traders and investors to keep track of the stocks and assets they are interested in. We will explore 2 new enhancement in this menu. Let’s dive in!
Keep Your Watchlist Intact Across Sessions - The same watchlist will appear again which was on display in your previous session. Earlier, your latest created watchlist appeared for your first glance.p>
Delete Watchlist - A delete option to remove watchlists which are no longer required. Get rid of your irrelevant watchlist in one click.
For every chart now we have made commentary available for key takeaways.
This feature is now also available with Zone Web along with the desktop application.
This report describes the performance of a security or investment relative to a benchmark or market index. It is a measure of how well an investment is performing compared to others in its category.
As per new SEBI guidelines, before executing any trade users will receive brokerage window providing breakdown of brokerage fees charged for that particular trade.
This brokerage window is now available on all Trading platforms by Definedge.
In this scanner, users can scan ratio results of different Groups on multiple timeframes. In total there are 13 different timeframes available.
Path: RZone > Multi-Timeframe Scanners > Ratio Multi-Timeframe Scanners
This scanner is new addition in Volume scanner segment. In this scanner, we can analyze the contribution of current volume with its average volume.
Path: RZone > Volume Scanners > Volume Spurt Scanner
Another new addition in Volume scanner segment. This scanner identifies instruments trading with unusual volume than usual volume
Path: RZone > Volume Scanners > Unusual Volume Scanner
New addition in RS Scanner segment. This tool scans the results for Price and RS symbols for Bullish Swing, Bearish Swing, Bullish Breakout and Bearish Breakout
Path: RZone > RS Scanner > Price RS Divergence Scanner
The D Sectors study is a sector analysis tool developed by Definedge. You can access it through TradePoint Web and Zone Web. A score for each sector is determined based on price pattern and trend analysis, relative strength analysis compared to the index, relative strength analysis compared to other sectors, breadth, and momentum.
Users now can toggle to RS option to add denominator before running this scanner. Please find below image for reference.
In this scanner, we have added Intraday time-frames for all market. The available timeframes are - 1 min, 3 min, 5 min, 10 min, 15 min, 30 min, 1 hour, 75 min, 2 hours, Daily, Weekly, Monthly and Quarterly
This tool allows user to know how many patterns are qualified for any stock at current price.
A multi-timeframe scanner now allows you to select timeframes. The scanner may also be run by adding a single condition to multiple timeframes, such as RSI above 60 or price above the super trend. In addition, you may set multiple conditions on different timeframes – for example, RSI above 60 on a daily basis, price above the super trend on a weekly basis, and so on. You can run this scanner on all charting methods and ratio charts. To add a timeframe and select a condition, click on the box.
Our idea behind this tool is to sort the strategies in any symbol according to your preferences. With this tool, you can test multiple strategies simultaneously and sort them by success ratio, risk-reward ratio, average return, or expected return. Our recommendation is to do it based on the ‘expectancy’.
This scanner shows you the performance of the stocks after the triggering Gap up or Gap down pattern. Select the market segment and group of stocks of your choice. Select Gap up or gap down condition that you want to analyse. The output window will show the number of occurrences, hit ratio and failure ratio. For example, you are scanning for the gap up. The number of occurrences shows the number of times, gap up occurred in the stocks. For Hit Ratio shows how many times in percentage terms the stock closed above the gap after the gap up session. The failure ratio shows how many times the stock closed below the gap after the gap up session. It helps you to study the tendency of the stock or instrument after marking the gap up or gap down opening.
Path: Zone Web > RZone > SMART Scanner > Gap Up Down Scanner
This scanner helps you to scan the stocks which meet your criteria in the P&F price chart as well as the Relative strength chart. For example, the Double Top Buy in the RS chart shows the pattern of outperformance and the Double Top Buy in the price chart shows a price breakout. If you select a condition, not Double Top Buy in the price chart and double top buy in the relative strength chart and scan on the group of stocks of your choice and market segment, it will show the list of stocks meeting both conditions. This way, you can have different conditions for price and RS charts and scan for the stocks. You can create various systems using a combination of price and indicators and create strategies through system builder as well. The output window will show DTB, DBS value and percentage away from that on the price chart.
Path: Zone Web > RZone > SMART Scanner > P&F Price & RS Scanner
This scanner helps in identifying stocks at All-time or All-time High-low stocks. Select the Market, Group, Segment and Condition. You can save the output in a CSV file or Save the list of stocks as a group so you can use the same group in some other scanner or backtesting.
Path: Zone Web > RZone > SMART Scanner > All Time High-Low Scanner
PMOX indicator is designed specifically for P&F charts using the important properties of the P&F charting method. It helps identify the extreme reading of the indicator and marks them as bullish momentum, bearish momentum, overbought and oversold based on the trend of the price. This scanner shows the PMOX status on three different box values which helps in analysing the trend of PMOX on multiple timeframes.
Path: Zone Web > RZone > Multi-timeframe Scanner > PMOX Multi-timeframe Scanner
This scanner calculates the RS patterns such as Flying, Drowning, Cat, Lion, Bullish star and Bearish star based on the trend on the Ratio chart as well as on the price chart. The trend is calculated on daily, weekly and monthly charts and accordingly scored. The score is 1 for the bullish pattern on the price and ratio chart and the score is -1 for the bearish pattern on the price and ratio chart. If the total score is 3, the pattern is bullish on all three timeframes. If the total score is -3, the pattern is bearish on all three timeframes.
Path: Zone Web > RZone > Multi-timeframe Scanner > Multi-timeframe Ratio MA Patterns
A combination of multiple scanners related to P&F patterns, RS patterns and 52-week high low. In this scanner, more bullish (positive) scores and near its 52-week high is a bullish pattern. More bearish (negative) scores and near its 52-week low is a bearish pattern.
Path: Zone Web > RZone > RS Scanner > Eagle Price and RS Scanner
A combination of Multi-timeframe Ratio, Fusion matrix, Relative strength indicator and Multi-timeframe Ultimate matrix. The higher the positive score, the better it is for security. Since this scanner also compares the performance of other securities in the group it can take some time to run.
Path: Zone Web > RZone > RS Scanner > Smart RS Scanner
We provide Backtest feature for all charting types. We have made many important changes in this feature.