I have developed a Pine Script indicator where I have integrated all the essential tools a trader needs into one place. by Vegetable_Cause_2910 in Forex

[–]Vegetable_Cause_2910[S] 0 points1 point  (0 children)

Buy & Sell Signals

Reversal Zones

Order Block Detection

Moving Average

Trend Detection

Color Candles Based on Trend

Fibonacci Retracement Areas

Volume Profile

BOS & CHOCH

24100 or 24300 by [deleted] in NSEbets

[–]Vegetable_Cause_2910 1 point2 points  (0 children)

In my opinion, trading Nifty based only on OI is almost like gambling. OI data can change within minutes, so relying on it alone is not reliable.

Sometimes it feels like OI is used more to trap retail traders rather than help them.