Need Expert to Create Custom ChartInk Scanner Script
Budget: ₹600 – ₹1,500 INR
I am looking for an experienced technical analyst or developer with strong scripting and stock market analysis skills to help me build a custom ChartInk scanner. The goal is to scan Indian stocks based on specific conditions using ChartInk’s powerful scanning engine.
Sure! Here's your **Demand Zone (DZ) strategy** explained in simple terms:
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### **The Idea Behind Strategy**
You're trying to **identify strong bullish setups** — places on a stock chart where buyers are likely to step in and push prices higher. You do this by spotting areas called **“Demand Zones.”**
1. **Look for a "Base"**
* This is a small area on the chart where the price **pauses or moves sideways** for 1 to 3 candles.
* These base candles must have **small bodies** (≤ 70% of the total candle range), which means there wasn’t much fighting between buyers and sellers — more of a rest stop.
2. **Watch for a "Legout" Candle**
* After the base, you want to see a strong **bullish candle** (called the legout) that breaks out upwards.
* This candle should be **larger in size** (both body and total range) than the base candles — like a big leap forward.
3. **Check for a “Fresh Zone”**
* I want the price to have **never returned to the base area** after the legout.
* This means the demand zone is still “fresh” — untouched by the market .
4. **Current Market Price (CMP) Must Be Nearby**
* The current price should be within **5% above the base zone**.
Sure! Here's your **Demand Zone (DZ) strategy** explained in simple terms:
---
### **The Idea Behind Strategy**
You're trying to **identify strong bullish setups** — places on a stock chart where buyers are likely to step in and push prices higher. You do this by spotting areas called **“Demand Zones.”**
1. **Look for a "Base"**
* This is a small area on the chart where the price **pauses or moves sideways** for 1 to 3 candles.
* These base candles must have **small bodies** (≤ 70% of the total candle range), which means there wasn’t much fighting between buyers and sellers — more of a rest stop.
2. **Watch for a "Legout" Candle**
* After the base, you want to see a strong **bullish candle** (called the legout) that breaks out upwards.
* This candle should be **larger in size** (both body and total range) than the base candles — like a big leap forward.
3. **Check for a “Fresh Zone”**
* I want the price to have **never returned to the base area** after the legout.
* This means the demand zone is still “fresh” — untouched by the market .
4. **Current Market Price (CMP) Must Be Nearby**
* The current price should be within **5% above the base zone**.