Momentum Setup: Vijay Thakare Option Buying Scalping Setup

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Arun_K_Bhaskar

//@version=5
indicator(title='Momentum Setup: Vijay Thakare Option Buying Scalping Setup', shorttitle='VT Scalp', overlay=true, max_bars_back=500, max_lines_count=500, max_boxes_count=500)

//_____________________________ Menu Screener Start

g_scrtb = '█████████████████ Screener █████████████████'

string i_scr_choose = input.string(defval='Continuous Signals', title='Screening Method', options=['Continuous Signals', 'Flip Signals'], group=g_scrtb)

tt_is = "• Reads only up to first 40 symbols." +
     "\n• Total characters cannot exceed 4096." +
     "\n• Use comma as delimiter without any space." +
     "\n• Eg: EXCHANGE:SYMBOL_A,EXCHANGE:SYMBOL_B"

string i_symbols = input.text_area(
 defval="NSE:NIFTY,NSE:NIFTYJR,NSE:BANKNIFTY,NSE:CNXFINANCE,NSE:NIFTY_MID_SELECT,BSE:SENSEX,BSE:SNSX50,BSE:BANK,NSE:ASHOKLEY,NSE:BANKBARODA,NSE:BANKINDIA,NSE:BEL,NSE:BHEL,NSE:CANBK,NSE:COALINDIA,NSE:ENGINERSIN,NSE:GAIL,NSE:HINDCOPPER,NSE:HUDCO,NSE:IEX,NSE:IRCON,NSE:IRFC,NSE:JSWINFRA,NSE:MOTHERSON,NSE:NATIONALUM,NSE:NBCC,NSE:NCC,NSE:NHPC,NSE:NMDC,NSE:NTPC,NSE:ONGC,NSE:PFC,NSE:PNB,NSE:POWERGRID,NSE:RAILTEL,NSE:RVNL,NSE:SAIL,NSE:SJVN,NSE:UNIONBANK,NSE:VEDL,NSE:ZEEL,NSE:ZOMATO", 
 title="Paste Symbols", tooltip=tt_is, group=g_scrtb)

string i_scr_direction = input.string(defval='Both', title='Direction', options=['Both', 'Long', 'Short'], inline='tb_1', group=g_scrtb)
bool i_scr_show_bull  = input.bool(defval=true, title='Only Long', inline='tb_2', group=g_scrtb)
bool i_scr_show_bear  = input.bool(defval=true, title='Only Short', inline='tb_2', group=g_scrtb)

int i_scr_tbl_disp_rows = input.int(defval=12, title='Display Rows', minval=0, maxval=100, group=g_scrtb)
string i_scr_tbl_position = input.string(defval=position.bottom_left, title='Table Position', options=[position.top_left, position.top_center, position.top_right, position.middle_left, position.middle_center, position.middle_right, position.bottom_left, position.bottom_center, position.bottom_right], group=g_scrtb)
string i_scr_tbl_text_size = input.string(defval=size.small, title='Table Size', options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], group=g_scrtb)

//_____________________________ Menu Screener End

//_____________________________ Menu Indicators Start

g_st = '█████████████████ Supertrend █████████████████'
//bool i_st_display = input.bool(defval=true, title='Display', group=g_st)
int i_st_atr_period = input.int(defval=10, title="ATR Length", minval=1, group=g_st)
float i_st_factor = input.float(defval=3.0, title="Factor", minval=0.01, step=0.01, group=g_st)

gp_ma = '████████ Exponential Moving Average (EMA) ████████'
bool i_ma_display = input.bool(defval=true, title='Display', group=gp_ma)
int i_ma_len_1 = input.int(defval=20, title='Length', minval=1, group=gp_ma)
int i_ma_len_2 = input.int(defval=50, title='Length', minval=1, group=gp_ma)
int i_ma_len_3 = input.int(defval=100, title='Length', minval=1, group=gp_ma)
int i_ma_len_4 = input.int(defval=200, title='Length', minval=1, group=gp_ma)

g_vwap = '████████████████ VWAP / TWAP ████████████████'
tt_vt = "• Choose TWAP if Volume is not available for the Symbol."
bool i_vtwap_display = input.bool(defval=true, title='Display', group=g_vwap)
string i_vtwap_choice = input.string(defval = "VWAP", title="Choose", options=["VWAP", "TWAP"], tooltip=tt_vt, group=g_vwap)
string i_vtwap_timeframe = input.timeframe(defval = "1D", title = "Timeframe", group=g_vwap)

g_macd = '███████████████████ MACD ███████████████████'
bool i_macd_display = input.bool(defval=true, title='Display', group=g_macd)
int i_macd_fast_len = input.int(defval=3, title='Fast Length', minval=1, group=g_macd)
int i_macd_slow_len = input.int(defval=9, title='Slow Length', minval=1, group=g_macd)
int i_macd_signal_len = input.int(defval=15, title='Signal Smoothing', minval=1, group=g_macd)
float i_macd_voffset = input.float(defval=0.5, title='Vertical Offset', step=0.1, group=g_macd)
float i_macd_height = input.float(defval=0.7, title='Height', step=0.1, group=g_macd)

g_stoc = '█████████████████ Stochastic █████████████████'
bool i_stoc_display = input.bool(defval=true, title='Display', group=g_stoc)
int i_stoc_k_len = input.int(defval=5, title='%K Length', minval=1, group=g_stoc)
int i_stoc_k_smooth = input.int(defval=3, title='%K Smoothing', minval=1, group=g_stoc)
int i_stoc_d_smooth = input.int(defval=3, title='%D Smoothing', minval=1, group=g_stoc)
int i_stoc_over_bought = input.int(defval=60, title='Over Bought', minval=1, group=g_stoc)
int i_stoc_over_sold = input.int(defval=40, title='Over Sold', minval=1, group=g_stoc)
float i_stoc_voffset = input.float(defval=1.8, title='Vertical Offset', step=0.1, group=g_stoc)// 1.1
float i_stoc_height = input.float(defval=0.6, title='Height', step=0.1, group=g_stoc)//1.0

g_vol = '██████████████████ Volume ██████████████████'
bool i_vol_display = input.bool(defval=true, title='Display', inline='VOL', group=g_vol)
//int i_vol_sma_length = input.int(defval=20, title='MA Length', minval=1, group=g_vol)
string i_vol_type   = input.string(defval='Regular Volume', title='Type', options=['Buying/Selling Volume', 'Regular Volume', 'None'], group = g_vol)
i_vol_hoffset = 0
float i_vol_voffset = input.float(defval=0.5, title='Vertical Offset', step=0.1, group=g_vol)
float i_vol_height = input.float(defval=0.6, title='Height', step=0.1, group=g_vol)

//_____________________________ Menu Indicators End

//_____________________________ Menu Additional Fiters Start

g_af = '███████████████ Additional Fiters ███████████████'

tt_atr = "ATR helps filter out longer or more volatile signal candles."
tt_atr_mul = "Higher multiplier value filters a longer or more volatile signal candle."

tt_bf = "If the input is '80', it means the body covers over 80% of the candle."

tt_bs = '2 means the candle is 2 times larger than the previous candle.'

tt_vol = "Filter out a candle when its volume is greater than the SMA of the volume."

tt_rv = "Filter out a candle when its volume is greater than the Relative Volume."

tt_tf = "Filter out a signals between the given Time."

bool i_atr_filter = input.bool(defval=false, title='Apply ATR Filter', tooltip=tt_atr, group=g_af)
int i_atr_length = input.int(defval=14, minval=1, title='ATR Length', group=g_af)
float i_atr_multi = input.float(defval=1, title='ATR Multiplier', minval=1, group=g_af)

bool i_body_filter = input.bool(defval=false, title='Apply Body % Filter', tooltip=tt_bf, group=g_af)
float i_body_percent = input.float(defval=80, title='Body % Above', minval=0, maxval=100, group=g_af) / 100

bool i_body_size_filter = input.bool(defval=false, title='Apply Body Size Filter', tooltip=tt_bs, group=g_af)
int i_body_size_multiplier = input.int(defval=2, title='Body Size Multiplier (x)', minval=0,  group=g_af)

bool i_volume_filter = input.bool(defval=false, title='Apply Volume Filter', tooltip=tt_vol, group=g_af)
int i_vol_sma_length = input.int(defval=20, minval=1, title='Volume SMA Length', group=g_af)

bool i_rel_vol_filter = input.bool(defval=false, title='Apply Relative Volume Filter', tooltip=tt_rv, group=g_af)
int i_rel_vol_avg_vol_len = input.int(defval=90, title='Relative Volume Length', minval=2, group=g_af)
float i_rel_vol_avg_vol_multi = input.float(defval=2, title='Rel Vol SMA Multiplier', minval=0, group=g_af)

bool i_time_filter = input.bool(defval=false, title='Apply Time Filter', tooltip=tt_tf, group=g_af)
int i_hour_1 = input.int(defval=9, minval=0, title='Time From', inline='t_1', group=g_af)
int i_minute_1 = input.int(defval=15, minval=0, title=':', inline='t_1', group=g_af)
int i_hour_2 = input.int(defval=10, minval=0, title='Time To ', inline='t_2', group=g_af)
int i_minute_2 = input.int(defval=15, minval=0, title=':', inline='t_2', group=g_af)

//_____________________________ Menu Additional Fiters End

//_____________________________ Chart Settings Start

g_ch = '███████████████ Chart Settings ███████████████'
int i_display_len = input.int(defval=50, title='Display Length', minval=1, group=g_ch)
color i_pos_color = input.color(defval=#26A69A, title='Positive', group=g_ch)
color i_pos_light_color = input.color(defval=#ACE5DC, title='Positive Light', group=g_ch)
color i_neu_color = input.color(defval=#D1D4DC, title='Neutral', group=g_ch)
color i_neg_light_color = input.color(defval=#FCCBCD, title='Negative Light', group=g_ch)
color i_neg_color = input.color(defval=#FF5252, title='Negative', group=g_ch)
color i_indicator_color = input.color(defval=#2962FF, title='Indicator', group=g_ch)
color i_signal_color = input.color(defval=#FF6D00, title='Signal', group=g_ch)

//_____________________________ Chart Settings End

//_____________________________ 1. EMA 20, 50, 100, 200 Start

float ema_1 = ta.ema(close, i_ma_len_1)
float ema_2 = ta.ema(close, i_ma_len_2)
float ema_3 = ta.ema(close, i_ma_len_3)
float ema_4 = ta.ema(close, i_ma_len_4)

plot(series=i_ma_display ? ema_1 : na, title='EMA 1', color=i_pos_color)
plot(series=i_ma_display ? ema_2 : na, title='EMA 2', color=i_indicator_color)
plot(series=i_ma_display ? ema_3 : na, title='EMA 3', color=i_signal_color)
plot(series=i_ma_display ? ema_4 : na, title='EMA 4', color=i_neg_color)

//_____________________________ 1. EMA 20, 50, 100, 200 End

//_____________________________ 2. VWAP / TWAP Start

// VWAP
float vwap = na
[_vwap, _stdevUpper, _] = ta.vwap(hlc3, timeframe.change(i_vtwap_timeframe), 1)
vwap := _vwap

// TWAP
twap(source, anchorChange) =>
    var prices = 0.0
    var count = 0

    if anchorChange
        prices := 0
        count := 0

    prices += source
    count += 1

    prices / count

twapValue = twap(ohlc4, timeframe.change(i_vtwap_timeframe))

vwap_twap_choice = i_vtwap_choice == "VWAP" ? vwap : twapValue
plot(series = i_vtwap_display ? vwap_twap_choice : na, title = "VWAP/TWAP", color=i_neu_color)

//_____________________________ 2. VWAP / TWAP End

//_____________________________ 3. MACD: 3, 9, 15 Start

[macdLine, signalLine, histLine] = ta.macd(close, i_macd_fast_len, i_macd_slow_len, i_macd_signal_len)

//_____________________________ 3. MACD: 3, 9, 15 End

//_____________________________ 4. Stochastic: 5, 3, 3 Start

float stoc_k = ta.sma(ta.stoch(close, high, low, i_stoc_k_len), i_stoc_k_smooth)
float stoc_d = ta.sma(stoc_k, i_stoc_d_smooth)

//_____________________________ 4. Stochastic: 5, 3, 3 End

//_____________________________ 5. Volume: 20 SMA Start

vol_sma = ta.sma(volume, i_vol_sma_length)

//_____________________________ 5. Volume: 20 SMA End

//_____________________________ 6. Supertrend Start

[supertrend, direction] = ta.supertrend(i_st_factor, i_st_atr_period)

supertrend := barstate.isfirst ? na : supertrend
upTrend = plot(series=direction < 0 ? supertrend : na, title="Supertrend Up", color = i_pos_color, style = plot.style_linebr)
downTrend = plot(series=direction < 0 ? na : supertrend, title="Supertrend Down", color = i_neg_color, style = plot.style_linebr)
bodyMiddle = plot(series=barstate.isfirst ? na : ohlc4, title="Body Middle", display = display.none)

fill(plot1=bodyMiddle, plot2=upTrend, color=color.new(i_pos_color, 90), fillgaps=false, display=display.none)
fill(plot1=bodyMiddle, plot2=downTrend, color=color.new(i_neg_color, 90), fillgaps=false, display=display.none)

//_____________________________ 6. Supertrend End

//_____________________________ Additional Filters Start

// ATR Filter
bool atr_filter = true
if i_atr_filter
    atr_filter := (high - low) > ta.atr(i_atr_length) * i_atr_multi

// Body Percent Filter
bool body_filter = true
if i_body_filter
    body_filter := (math.abs(close - open)) / (high - low) >= i_body_percent

// Body Size Filter
bool body_size_filter = true
if i_body_size_filter
    body_size_filter := (math.abs(close - open)) / (high - low) >= i_body_percent and (high - low) >= (high[1] - low[1]) * i_body_size_multiplier

// Volume SMA Filter
bool volume_filter = true
if i_volume_filter
    volume_filter := volume > ta.sma(volume, i_vol_sma_length)

// Relative Volume Filter
average_volume = ta.sma(volume, i_rel_vol_avg_vol_len)
relative_volume = volume / average_volume[1]
rel_vol_sma_multiplier = ta.sma(relative_volume, i_rel_vol_avg_vol_len) * i_rel_vol_avg_vol_multi

bool rel_vol_filter = true
if i_rel_vol_filter
    rel_vol_filter := relative_volume > rel_vol_sma_multiplier

// Time Filter
bool time_filter = true
if i_time_filter
    time_filter := (hour > i_hour_1 or (hour == i_hour_1 and minute >= i_minute_1)) and (hour < i_hour_2 or (hour == i_hour_2 and minute < i_minute_2))

//_____________________________ Additional Filters End

//_____________________________ Retracement Signals Start
// Short Retracement Start

// Short Condition 1
short_ret_cont_1 = macdLine > 0

// Short Condition 2
short_ret_cont_2 = 
 close < supertrend and 
 close < vwap_twap_choice and 
 stoc_k < i_stoc_over_bought and 
 stoc_k < stoc_d and 
 macdLine < 0 and
 macdLine < signalLine and
 macdLine < histLine and
 atr_filter and
 body_filter and
 body_size_filter and
 volume_filter and
 rel_vol_filter and
 time_filter and
 barstate.isconfirmed

// Short Retracement Trigger
var bear_break_current_state = 0
bear_break_previous_state = nz(bear_break_current_state[1])
bear_break_current_state := bear_break_previous_state == 2 ? 0 : bear_break_previous_state
if short_ret_cont_1 and bear_break_current_state == 0
    bear_break_current_state := 1
if short_ret_cont_2 and bear_break_current_state == 1
    bear_break_current_state := 2

short_ret_trigger = bear_break_current_state == 2 ? true : false

//___________________________ Short Retracement End

//___________________________ Long Retracement Start
// Long Retracement Start

// Long Condition 1
long_ret_cont_1 = macdLine < 0

// Long Condition 2
long_ret_cont_2 = 
 close > supertrend and 
 close > vwap_twap_choice and 
 stoc_k > i_stoc_over_sold and 
 stoc_k > stoc_d and 
 macdLine > 0 and
 macdLine > signalLine and
 macdLine > histLine and
 atr_filter and
 body_filter and
 body_size_filter and
 volume_filter and
 rel_vol_filter and
 time_filter and
 barstate.isconfirmed

// Long  Retracement Trigger
var bull_break_current_state = 0
bull_break_previous_state = nz(bull_break_current_state[1])
bull_break_current_state := bull_break_previous_state == 2 ? 0 : bull_break_previous_state
if long_ret_cont_1 and bull_break_current_state == 0
    bull_break_current_state := 1
if long_ret_cont_2 and bull_break_current_state == 1
    bull_break_current_state := 2

long_ret_trigger = bull_break_current_state == 2 ? true : false

//___________________________ Long Retracement End


//_______________________ Signals End


//___________________________ Plot Retracements

plotshape(series=i_scr_choose == 'Continuous Signals' and short_ret_trigger ? 3 : na, title='Short Continuous', style=shape.triangledown, location=location.abovebar, color=i_neg_light_color, size=size.tiny)
plotshape(series=i_scr_choose == 'Continuous Signals' and long_ret_trigger ? 3 : na, title='Long Continuous', style=shape.triangleup, location=location.belowbar, color=i_pos_light_color, size=size.tiny)

bgcolor(color=i_scr_choose == 'Continuous Signals' and short_ret_trigger ? color.new(i_neg_light_color, 90) : i_scr_choose == 'Continuous Signals' and long_ret_trigger ? color.new(i_pos_light_color, 90) : na, title='Continuous Bgcolor', show_last=i_display_len)
barcolor(color=i_scr_choose == 'Continuous Signals' and short_ret_trigger ? i_neg_light_color : i_scr_choose == 'Continuous Signals' and long_ret_trigger ? i_pos_light_color : na, title='Continuous Candle')

//_____________________________ Retracement Signals End

//_____________________________ Flip Signals Start

// Signal Generation Function
exrem(condition_1, condition_2) =>
    var entry_signal = 0
    entry_signal := condition_1 ? 1 : condition_2 ? -1 : entry_signal[1]
    entry = entry_signal != entry_signal[1]
    long = entry and entry_signal == 1
    short = entry and entry_signal == -1
    [long, short]

[long_entry, short_entry] = exrem(long_ret_cont_2, short_ret_cont_2)

//___________________________ Plot Flip

plotshape(series=i_scr_choose == 'Flip Signals' ? short_entry : na, title='Short Flip', style=shape.triangledown, location=location.abovebar, color=i_neg_light_color, size=size.tiny)
plotshape(series=i_scr_choose == 'Flip Signals' ? long_entry  : na, title='Long Flip', style=shape.triangleup, location=location.belowbar, color=i_pos_light_color, size=size.tiny)

bgcolor(color=i_scr_choose == 'Flip Signals' and short_entry ? color.new(i_neg_light_color, 90) : i_scr_choose == 'Flip Signals' and long_entry ? color.new(i_pos_light_color, 90) : na, title='Flip Bgcolor', show_last=i_display_len)
barcolor(color=i_scr_choose == 'Flip Signals' and short_entry ? i_neg_light_color : i_scr_choose == 'Flip Signals' and long_entry ? i_pos_light_color : na, title='Flip Candle')

//plotshape(series=short_ret_cont_2, title='Short Shape', style=shape.diamond, location=location.top, color=color.new(i_neg_color, 50), size=size.tiny, display=display.none)
//plotshape(series=long_ret_cont_2, title='Long Shape', style=shape.diamond, location=location.bottom, color=color.new(i_pos_color, 50), size=size.tiny, display=display.none)

//_____________________________ Flip Signals End

//_____________________________ Signals End

//_____________________________ Overlay Charts Start 

// Acknowledgement & Reference
// Trader: 'dgtrd'
// Indicator Title: 'Technical Analyst by DGT'
// Indicator Link: 'https://www.tradingview.com/script/r2kuEi0l-Technical-Analyst-by-DGT/'

// Functions  ----------------------------------------------------------------------------------- //

f_drawLabelX(_x, _y, _text, _xloc, _yloc, _color, _style, _textcolor, _size, _textalign, _tooltip) =>
    var id = label.new(_x, _y, _text, _xloc, _yloc, _color, _style, _textcolor, _size, _textalign, _tooltip)
    label.set_text(id, _text)
    label.set_tooltip(id, _tooltip)
    label.set_xy(id, _x, _y)
    label.set_textcolor(id, _textcolor)

// -Calculations ================================================================================ //

source   = close
nzVolume = nz(volume)

//------------------------------------------------------------------------------
// Momentum : MACD Oscillator

histColor = histLine >= 0 ? histLine[1] < histLine ? i_pos_color : i_pos_light_color : histLine[1] < histLine ? i_neg_light_color : i_neg_color

//------------------------------------------------------------------------------
// Volume

volMa = ta.sma(nzVolume, i_vol_sma_length)

B = nzVolume * (close - low) / (high - low)
S = nzVolume * (high - close) / (high - low)

// Draw Charts
var a_lines       = array.new_line()
var a_hist        = array.new_box()

//i_display_len = 50
priceHighest      = ta.highest(high, i_display_len)
priceLowest       = ta.lowest (low , i_display_len)
priceChangeRate   = (priceHighest - priceLowest) / priceHighest

oscHighest        = 100//ta.highest(osc, i_display_len)
macdHighest       = ta.highest(macdLine, i_display_len) - ta.lowest(macdLine, i_display_len)

volumeMARate      = nzVolume / volMa
volumeHighest     = ta.highest(nzVolume, i_display_len)
bullCandle        = close > open

if barstate.islast 
    if array.size(a_lines) > 0
        for i = 1 to array.size(a_lines)
            line.delete(array.shift(a_lines))
    
    if array.size(a_hist) > 0
        for i = 1 to array.size(a_hist)
            box.delete(array.shift(a_hist))

    if i_stoc_display
        mid_line = math.avg(100, 0)
        array.push(a_hist , box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 + i_stoc_over_bought / oscHighest * priceChangeRate * i_stoc_height), 
                                     bar_index                   , priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 + i_stoc_over_bought / oscHighest * priceChangeRate * i_stoc_height), color.new(i_neg_color  , 75), 1))
        array.push(a_hist , box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 +        mid_line / oscHighest * priceChangeRate * i_stoc_height), 
                                     bar_index                   , priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 +        mid_line / oscHighest * priceChangeRate * i_stoc_height), color.new(i_neu_color  , 75), 1))
        array.push(a_hist , box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 +   i_stoc_over_sold / oscHighest * priceChangeRate * i_stoc_height), 
                                     bar_index                   , priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 +   i_stoc_over_sold / oscHighest * priceChangeRate * i_stoc_height), color.new(i_pos_color, 75), 1))
        f_drawLabelX(bar_index + 3,                                priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 +        mid_line / oscHighest * priceChangeRate * i_stoc_height), 'STOC', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.tiny, text.align_center, '%stoc_k : ' + str.tostring(stoc_k, '#.##') + '\n%stoc_d : ' + str.tostring(stoc_d, '#.##'))

    if i_macd_display
        f_drawLabelX(bar_index + 3,  priceLowest * (1 - priceChangeRate * i_macd_voffset) * (1 +        50 / oscHighest * priceChangeRate * i_macd_height), 'MACD', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.tiny, text.align_center, '')//'macd : ' + str.tostring(macdLine, '#.##') + '\nsignal : ' + str.tostring(signalLine, '#.##'))
    
    if i_vol_type != 'None' 
        f_drawLabelX(bar_index + 3,  priceHighest * (1 + priceChangeRate * i_vol_voffset), 'VOL', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.tiny, text.align_center, 'buying volume : ' + str.tostring(B / (B + S) * 100, '#.##') + '%\nselling volume : ' + str.tostring(S / (B + S) * 100, '#.##') + '%\nlast volume : ' + str.tostring(nzVolume, format.volume) + '\naverage volume : ' + str.tostring(volMa, format.volume))

    for barIndex = 0 to i_display_len - 1
        if array.size(a_lines) < 500

            if i_stoc_display
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 + stoc_k[barIndex]     / oscHighest * priceChangeRate * i_stoc_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 + stoc_k[barIndex + 1] / oscHighest * priceChangeRate * i_stoc_height), xloc.bar_index, extend.none, i_indicator_color   , line.style_solid, 1))
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 + stoc_d[barIndex]     / oscHighest * priceChangeRate * i_stoc_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_stoc_voffset) * (1 + stoc_d[barIndex + 1] / oscHighest * priceChangeRate * i_stoc_height), xloc.bar_index, extend.none, i_signal_color   , line.style_solid, 1))

            if i_macd_display
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_macd_voffset) * (1 + macdLine[barIndex]       / macdHighest * priceChangeRate * i_macd_height ), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_macd_voffset) * (1 + macdLine[barIndex + 1]   / macdHighest * priceChangeRate * i_macd_height ), xloc.bar_index, extend.none, i_indicator_color   , line.style_solid, 1))
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_macd_voffset) * (1 + signalLine[barIndex]     / macdHighest * priceChangeRate * i_macd_height ), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_macd_voffset) * (1 + signalLine[barIndex + 1] / macdHighest * priceChangeRate * i_macd_height ), xloc.bar_index, extend.none, i_signal_color   , line.style_solid, 1))

                array.push(a_hist , box.new (bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_macd_voffset), 
                                             bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_macd_voffset) * (1 + histLine[barIndex] / macdHighest * priceChangeRate * i_macd_height), histColor[barIndex], 2))

            if nzVolume
                if i_vol_type != 'None' 
                    array.push(a_hist , box.new (bar_index[barIndex] + i_vol_hoffset,  priceHighest * (1 + priceChangeRate * i_vol_voffset), 
                                                 bar_index[barIndex] + i_vol_hoffset,  priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + nzVolume[barIndex] / volumeHighest * priceChangeRate * i_vol_height), i_vol_type == 'Buying/Selling Volume' ? color.new(i_pos_color, 0) : bullCandle[barIndex] ? color.new(i_pos_color, 0) : color.new(i_neg_color, 0), 2, bgcolor = i_vol_type == 'Buying/Selling Volume' ? color.new(i_pos_color, 0) : bullCandle[barIndex] ? color.new(i_pos_color, 0) : color.new(i_neg_color, 0)))
                    if i_vol_type == 'Buying/Selling Volume'
                        array.push(a_hist , box.new (bar_index[barIndex] + i_vol_hoffset,   priceHighest * (1 + priceChangeRate * i_vol_voffset), 
                                                     bar_index[barIndex] + i_vol_hoffset,   priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + S[barIndex]            / volumeHighest * priceChangeRate * i_vol_height), color.new(i_neg_color, 0), 2, bgcolor = color.new(i_neg_color, 0)))
                    // Voumme MA
                    if i_vol_display
                        array.push(a_lines, line.new(bar_index[barIndex] + i_vol_hoffset,     priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + nzVolume[barIndex]     / volumeHighest * priceChangeRate * i_vol_height / volumeMARate[barIndex]), 
                                                   bar_index[barIndex + 1] + i_vol_hoffset, priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + nzVolume[barIndex + 1] / volumeHighest * priceChangeRate * i_vol_height / volumeMARate[barIndex + 1]), xloc.bar_index, extend.none, i_neu_color, line.style_solid, 1))

//_____________________________ Overlay Charts End 

//_____________________________ Code End

// Readme First:
// 
// About:
// This is a BANKNIFTY option buying or scalping setup shared by trader Vijay S. Thakare on YouTube.
// 
// Strategy Reference Video:
// Vijay Thakare at Traders Carnival Seminar:
// Video Title: "Vijay Thakare: An Excellent Option Scalper Sharing His Knowledge @ Traders Carnival"
// Video Link: https://www.youtube.com/watch?v=6INokexfeLc
// 
// Explanation Video from His YouTube Channel:
// Video Title: "Setup Video"
// Video Link: https://www.youtube.com/watch?v=KK5j1dgklIY&t=9150s
// 
// Strategy Type: Momentum
// Bias: Strongly Directional
// Trading Style: Scalping
// Instrument: Option - Buying
// Original Symbol: NSE:BANKNIFTY (Works with other symbols as well)
// Timeframe: 5 minute
// 
// Risk Reward Ratio: 1:2
// Stop Loss: Rs. 20 on the premium chart
// Target: Rs. 40 on the premium chart
// 
// Charts Referred:
// - BANKNIFTY Futures Chart
// - BANKNIFTY Options Premium Chart
// 
// Indicator Used and Settings:
// 1. EMA: Close, 20, 50, 100, 200
// 2. VWAP: Daily VWAP
// 3. MACD: Fast Length - 3, Slow Length - 9, Signal Smoothing - 15
// 4. Stochastic: %K Length - 5, %K Smoothing - 3, %D Smoothing - 3
// 
// Long Entry Rules:
// - Close above VWAP
// - Close above Supertrend (Not in original strategy. It avoids many false signals.)
// - MACD above 0
// - Stochastic above 40
// - Consider VWAP, EMA 20, 50, 100, 200 are closer to each other
// - Rising volume (optional)
// 
// Short Entry Rules:
// - Close below VWAP
// - Close below Supertrend (Not in original strategy. It avoids many false signals.)
// - MACD below 0
// - Stochastic below 60
// - Consider VWAP, EMA 20, 50, 100, 200 are closer to each other
// - Rising volume (optional)
//
// Update 09 June 2024
// 1. Added Supertrend filter.
// 2. Added TWAP to use it with Symbols without Volume.
// 3. Removed indicator values Table.
// 4. Two types of scanners are available. One generates continuous signals and one generates flip signals.