Measure – Groupcount

Groupcount helps us to get the count of stocks/entries present for a given group with an optional filter. The “grouping” can be selected via the “group/sort” tabs in a widget, as seen below.

Selecting no group from the above-listed groups would run the widget scan assuming a single group for all the *group* functions.

Examples

  1. Get the count(after an optional filter) of items grouped by a given sector or industry; the below dashboard lists the total number of stocks, number of positive stocks & number of negative stocks, https://chartink.com/dashboard/122841.
  2. Using the count to calculate the % of stocks that have closed positive vs. negative. https://chartink.com/dashboard/122841

Trade/Order book fields unavaliablity for 27-28th Sep’2021

Exchange is conducting an maintenance activity that would impact impact the avaliablitliy of these fields for 2 days, i.e 27th and 28th Sep’21. We’ll be restoring this missing data as soon as we get a update from exchange.

In the meantime, please disable the filters of “Trade & Order book” fields in your scans and widgets, to ensure that this doesn’t impact your scans & alerts due to non avaliablity for these 2 days, below is the list of fields impacted by this activity:

 Buyer initiated trades
 Buyer initiated trades quantity
 Buyer initiated trades average quantity
 Seller initiated trades
 Seller initiated trades quantity
 Seller initiated trades average quantit
 Buyer vs Seller initiated trades ratio
 Buyer vs Seller initiated trades quantity ratio
 Buyer initiated trades VWAP
 Seller initiated trades VWAP
 Total Orders
 Orders Quantity
 Buy Orders
 Buy Orders Quantity
 Sell Orders
 Sell Orders Quantity
 Buy vs Sell orders ratio
 Buy vs Sell orders quantity ratio
 Cancelled Buy Orders
 Cancelled Buy Orders Quantity
 Cancelled Sell Orders
 Cancelled Sell Orders Quantity
 Total Cancelled orders
 Total Cancelled orders quantity
 Cancelled orders ratio
 Cancelled orders quantity ratio
 Buy Orders Vwap
 Sell Orders Vwap
 Orders Vwap

Note: Candlestick data(open,high,low,close..) & other technical indicators(RSI, MACD.. etc) would NOT be impacted by this.

Updates

29th Sep’21 9:20am: The issue is still not resolved, we have notified the exchange regarding the same

29th Sep’21 10:20am: The issue now resolved & these fields are now avaliable, the exhange is working on providing us with the missing data

 

Trade and Order book fields outage from NSE – Resolved

We are facing issues for trade & order book fields from the exchange starting 31st Aug’21, the exchange has been notified and they are working to fix it.

9:35am – NSE has acknolwdged the issue impacting other clients as well

9:38am – NSE has notified a issue with the AWS feed connecting the exchange

11:37am – NSE has resolved the issue, we’ll be working with shortly to get the missing data

We’ll post further updates on this page

Backtest results FAQ

Backtest results will update or repaint thru the day while the current candle is being built up. Below are the scenarios that should be considered while validating results from the backtested history.

Example 1 (Single timeframe – Daily candles)

A scan running on a daily candle, shown at 10 am, will differ from the results displayed at 12 pm. This is similar to how the indicators/candle would look for the current day on a candlestick chart, i.e., it will continue to change for the day until the market is closed.

Example 2 (Multiple timeframes – 5 minute and Daily candle)

For a scan using 2 different timeframes, i.e 5 minutes and daily candle, the backtest history would show a bar for every 5 minutes(lowest timeframe in the scan), the backtest history would spread the daily candle for every 5 minutes, i.e., the values current spanshot of the daily candles is spread across all 5-minute bars in a day causing the results to change as the current version/snapshot of the daily candle updates.

Unlike Alerts, Backtest is generated on the fly(i.e., the time you view the scan). E.g., If you view the backtested history on such a scan at 12 pm and then re-check it at 3 pm, the backtest bars since market opening, i.e., 9:15 am, 9:20 am, and so on.. may show changed/updated results as the run on 3 pm saw a newer version of the daily candle, as of 3 pm. In such a case, to validate the actual stocks present in a scan at 9:30 am, would be to create an alert and validate the results of the alert’s history instead. As alerts run on the trading time (9:20 am, 9:25 am, 9:30 am), unlike backtest, generated on the fly, i.e., when you view/open the scan page.

Note: This behavior is NOT a bug, but rather how candlestick charts are shown/displayed, the candlestick chart show’s only the current version of the candle and not how it looked every second/minute in a day, which would mean the current candle on a candlestick chart would continue to change/update thru the day while the candle is incomplete

 

Trade/Order fields unavaliablity for today

Exchange is conducting an unannounced activity that would impact impact the avaliablitliy of these fields. We’ll be in touch with the exchange to restore the data for these fields today after market hours

In the meantime, please disable the filters of “Trade & Order book” fields so that this doesn’t impact your scans due to non avaliablity of data for today

Update 30th May’21 – We are still awaiting the data from NSE on this.

Trade and Order book data now avaliable

We’ve recently added fields from “Trade book” and “Order book” to help you gain deeper insights into how they impact the price. Below is the list of new fields added:

Trade book fields:

The below fields can be accessed across all timeframes, starting from 1 minute to a yearly timeframe

    • Buyer-initiated tradesIndicates the number of trades that were executed at sellers/offer/ask price; an increasing number would indicate buyers are more aggressive than sellers.
    • Buyer-initiated trades quantity – Indicates the number of trades that were executed at sellers/ask price; an increasing quantity would indicate more number of shares are being bought at a price as requested by sellers.
    • Buyer-initiated trades average quantity – Indicates the average quantity of trades for “buyer-initiated trades.”
    • Seller-initiated trades – Indicates the number of trades executed at a buyers/bid price; an increasing number would indicate sellers are more aggressive than buyers.
    • Seller-initiated trades quantity – Indicates the number of trades executed at a buyers/bid price; an increasing quantity would indicate more shares are being sold at a price as requested by buyers.
    • Seller-initiated trades average quantity– Indicates the average quantity of trades for “seller-initiated trades.”
    • Buyer vs. Seller initiated trades ratioA ratio of “buyer initiated trades / seller initiated trades” above 1 indicates that buyer-initiated trades are more than Seller for the given timeframe
    • Buyer vs. Seller initiated trades quantity ratioA ratio of “buyer initiated trades quantity / seller initiated trades quantity” above 1 indicates that the buyer-initiated quantity of trades is more than the Seller for the given timeframe.
    • Buyer-initiated trades VWAP – Volume weighted average price (VWAP) of trades that buyers initiated.
    • Seller-initiated trades VWAP Volume weighted average price (VWAP) of trades that sellers initiated.

These fields can be used to evaluate trades for intraday, short or long-term, as they are available across all timeframes. There has been limited research on these fields, as their availability is limited, considering the amount of data that needs to be processed for these. Here’s one interesting research paper on this.

Order book fields:

The below fields can be accessed across all timeframes, starting from 1 minute to a yearly timeframe

    • Orders Indicates the orders received for the specified timeframe, e.g., total orders within a minute
    • Orders Quantity – Indicates the number of orders received for the specified timeframe, e.g., total order quantity within a minute.
    • Buy Orders Indicates the “Buy orders” received for the specified timeframe.
    • Buy Orders Quantity Indicates the “Buy order” quantity received for the specified timeframe.
    • Sell Orders Indicates the “Sell orders” received for the specified timeframe.
    • Sell Orders Quantity  Indicates the “Sell order” quantity received for the specified timeframe.
    • Buy vs. Sell orders ratioA ratio of “Buy orders / Sell orders” above 1, indicating buy orders are more than sell orders.  
    • Buy vs. Sell quantity ratio A ratio of “Buy orders quantity / Sell orders quantity” above 1, indicating buy order quantities are more than sell order quantity.
    • Canceled Buy Orders – Indicates the total orders canceled in the specified timeframe.
    • Canceled Buy Orders Quantity Indicates total buy orders quantity canceled in the specified timeframe.
    • Canceled Sell Orders Indicates the total  sell orders canceled in the specified timeframe
    • Cancelled Sell Orders Quantity Indicates the total  sell orders  quantity canceled in the specified timeframe
    • Total Cancelled orders Indicates the total orders canceled in the specified timeframe
    • Total Cancelled orders quantity – Indicates the total order quantity canceled in the specified timeframe
    • Canceled orders ratioA ratio of “Cancelled orders / Orders” gives an idea of the pie of orders being canceled from the ones received
    • Canceled orders quantity ratio A ratio of “Cancelled orders quantity / Orders quantity” gives an idea of the pie of orders quantity being canceled from the ones received
    • Buy Orders Vwap – Volume weighted average price (VWAP) of buy orders.
    • Sell Orders Vwap – Volume weighted average price (VWAP) of sell orders.
    • Orders Vwap – Volume weighted average price (VWAP) of all orders.

The order numbers indicated above are the actual orders(not disclosed) for the cash market & hence the values will not match with the market depth seen within your broker’s terminals, which helps get a much clearer picture of how this is driving the price of a stock.

These new fields can be combined with existing functions, e.g., SMA, Min, Max, Count and so on.. to derive onto more complex indicators.

Sample dashboards

Buyer vs. Seller initiated trades

While we are working on adding more scans & dashboards for the same, I wanted you to be updated on adding these new fields. HI hope these are useful for gaining more insights along with the existing fields of technical analysis.

New scans for Shareholding & Net Profit growth

We’ve recently added the ability to scan over 400+ fields including fields from Balance seet, Cash flow, P&L & shareholding pattern. Below are a few scans, dashboards showing usage of these new fields:

Scans

DASHBOARDS

We shall continue updating these list based on scan requests from users to find stocks that are fundamentally strong

Network issues for Jio/Vodafone users

We are seeing issues  while reaching our site on jio/vodafone internet connection, we have reached out to these providers to help resolve this issue as it relates to a network server issue.

We have already raised a ticket with our network provider & they are seeing this issue with other sites as well, including sbicards.com, opera.com and so on.. this issue is something not within our control as it depends on other upstream network providers.

Their team is still investigating on the root cause for the same, may I suggest you to use:

  1. A different network connection, if possible.
  2. Use a proxy site or use opera as it comes with free VPN

We are in constant touch with our provider and shall let you konw as soon as we hear back from them, until then, please use the above methods to visit our site

Aug 18th’20: 12:30pm -> The issue is now solved across all providers, we have also taken necessary steps to avoid this in future, including migrating to a different network provider, if necessary.

Alerts for scans on Telegram/Slack using ifttt.com

Webhooks can now be used to send our alerts over Telegram/slack channels; the below 2 videos guide you through the process for Telegram. The process for Slack, too, would remain the same.

  • Video 1 takes you through creating a service on https://ifttt.com that listens to webhook hook events and then sends a message to telegram. Note, you’ll need to connect your telegram channel and follow the steps mentioned over the telegram channel while you are setting this up(you can do so on the mobile since you already might have the telegram app installed, and it might be faster to perform this step on the mobile)
  • Video 2 takes you through the process of testing the webhook & note if the telegram is being triggered. At the end of the 1st video, you’ll notice I clicked on the “Documentation” in the top right corner; that’s the page that would provide us the detail for the webhook URL to test against & is used in the 2nd video.

This should be a good starting point for using ifttt.com for other services as well(including Slack and Telegram); please let us know if you get stuck anywhere.

NOTE: Starting February 2024, listening to webhooks via ifttt.com is no more a free service. Alternate options are being explored.