44 thoughts on “Standard deviation & OBV are now avalaible”

    1. The standard deviation indicator helps you predict future price volatility. Standard deviation is an indicator that measures the size of recent price moves of an asset, to predict how volatile the price may be in future. It can help you decide whether the volatility of the price is likely to increase or decrease.

      On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville’s New Key to Stock Market Profits.

    1. You may select the same from the drop down menu in our scans.

      The standard deviation indicator helps you predict future price volatility. Standard deviation is an indicator that measures the size of recent price moves of an asset, to predict how volatile the price may be in future. It can help you decide whether the volatility of the price is likely to increase or decrease.

      On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville’s New Key to Stock Market Profits.

    1. Hope this helps on back-testing:
      https://chartink.com/articles/?s=back

      It will show the previous days/ minutes results for your scan without the need for you to modify the scan. Back-testing will not give alerts. It is only to analyze/ view stocks previously triggered by your scans.  If you click on any of the bars on the graph, it will show the list of stocks that triggered as per the scan previously. 

      Back-test data will show data for the lowest candle time frame in your scan. If lowest time frame is 1 minute, it will show results for last 1 minutes. If its on daily candle it will show data for past 6 months. We show results for the past 150 bars  in our backtest section, these 150 candles could be of any timeframe, depending on the lowest timeframe in your scan, so for 5 minutes for example, you would get 2 days, for 1 minute, half a day and so on. 
       
      If you have the alert frequency of 5 minutes on a 1 hour candle scan, the alert results will update every 5 minutes and so will the backtest results(if you open the site and view the graph every 5 minutes), the difference is that the alert keeps a history of all your stocks triggered every 5 minutes i.e at 9:20am, 9:25am and so on via the alert history page,, whereas the backtest graph doesn’t keep any history as such, it will show the results only as of the candle completion time i.e 10:15am. so its not necessary that the backtest will show all the stocks that were triggered every 5 minutes as your alert show’s.

      Alerts is a premium feature that would allow you to do this, it keeps a track of all your stocks that met the condition every 5 minutes so that you don’t need to keep a track of them manually in the scanner page or the backtesting graph. The backtest is a dynamic graph that would update/change as your 1 hour candle is changing.

    1. Please provide some details on this, any link to the scan would be appreciated. We get VWAP data directly from NSE, so it should match with VWAP figures on nseindia.com

      1. Hi Sir,

        In the example you shared on vwap and stddev, it is using latest, I am looking for 5 min or 15 min candle cross above 2 std dev of vwap.
        After changing the latest to 15 min or 5 min,
        The scan shows random results about stock crossing vwap instead of 2 std dev. Some results show 2 std crossed but other results show as vwap cross.

        Seems some problem with either vwap data or std calculation error.

        Kindly look into this as it generates false vwap crossed instead of vwap std dev

        1. Hello Anand,

          we don’t compute the VWAP values at our end & get this directly from the exchange & even if we did so at our end, there would be slight differences due to the ticks mismatch across various vendors.

          The reason is, vendors, consider only a few ticks per second & these tickets could be different across various platforms. We, on the other hand, get the candle computed on the exchange & it includes the ATP/VWAP values as received & computed in the exchange, which is more accurate.

          1. Hi Sir,
            Thanks,

            Is there any way to calculate the VWAP at chart ink platform. I will avoid the default VWAP provided by the platform and calculate the VWAP by self. I understand the VWAP value will not be 100% accurate.

            The formula is:
            VWAP = Typical Price x Volume/Cumulative Volume

            (This can be done on 5 min candle
            Where Typical Price = High price + Low price + Closing Price/3

            Volume of 5min candle: =0 [5 min] Volume. This too is doable

            I have 2 queries:
            How to get the total (Cumulative = total since the trading session opened) volume for the session for the scrip?
            Will Std Dev work on this calculated value?


            Thanks,
            Anand.

          2. Hi Sir,
            Thanks for the info.
            The std dev calculation is on integer numbers only.
            Can the std dev take floating number (decimal numbers)?


            Thanks,
            Anand

    1. You may select the same from the drop down menu in our scans.

      The standard deviation indicator helps you predict future price volatility. Standard deviation is an indicator that measures the size of recent price moves of an asset, to predict how volatile the price may be in future. It can help you decide whether the volatility of the price is likely to increase or decrease.

      On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price. Joseph Granville first developed the OBV metric in the 1963 book Granville’s New Key to Stock Market Profits.

      1. No this is not sir. See in tradingview website we can draw a trendline and also keep an alert for the same. Kindly check that once and add

  1. good morning sir
    i am the premium subscriber
    i made one scanner (5 min time frame.) and i want run that only between 10 am to 02 pm is it possible ?
    presently all 5 min time frame scanners starts giving alerts from 0915 am

  2. Hi sir,
    I want become premium member, it will automatically update for 1,3,5 min charts after payment ??

    Is it available COI live data in chart

  3. Sir,

    I want to run a screener for volume spikes.

    logic is as follows
    volume > 2 standard deviation of 20 moving average on volume chart.

    how to do it?

  4. hi chartink i would be happy that your screener are not giving real time data inspite of having premium subscripstion so i am not getting real time alerts also. kindly do needful to resolve the issue. thanks

    1. Hello,

      This could probably be because of a scan or an alert misconfiguration, which we could investigate and correct; please share the following details:

      1. URL of the scan that you are referring to?
      2. Share a few example stocks with us for which you should have received alerts but did not get alerts for the same.
      3. Share a screenshot of the alert settings for your scan. You can do so by opening your scan and clicking on the “modify alert” option and sharing a screenshot for the same here for our reference.

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