What is Smart Script on FYERS Smart Charts?

What is Smart Script on FYERS Smart Charts?

Smart Script is a feature on FYERS Smart Charts that lets you create custom technical indicators based on your own trading logic. You can combine multiple indicators, define specific conditions, and display custom signals directly on your chart. You can create these indicators by writing code or by describing your requirements to FYERS Intelligent Assistant (FIA).

What can you do with Smart Script?

Smart Script allows you to go beyond predefined indicators and create indicators that match your trading approach.

You can use it to:

  • Combine multiple indicators: Bring together indicators such as moving averages, Relative Strength Index (RSI), and Bollinger Bands.
  • Create custom signals: Define conditions that trigger bullish or bearish signals on your chart.
  • Identify market patterns: Highlight specific candlestick patterns, trend changes, or momentum conditions.
  • Customise calculations: Adjust indicator parameters and calculations to match your requirements.
  • Save custom indicators: Reuse your Smart Scripts without recreating them each time.

For example, you can create an indicator that displays a bullish signal when the 20-period Exponential Moving Average (EMA) crosses above the 50-period EMA and RSI is above 60. Similarly, you can define a bearish signal when the 20 EMA crosses below the 50 EMA and RSI is below 40.

Instead of monitoring these conditions separately, Smart Script combines them into a single indicator.

Do I need coding knowledge to create a Smart Script?

No. Coding knowledge is not required. Smart Script supports two ways to create indicators:

1. Using FIA

You can describe your indicator requirements in plain English. FIA generates the script, explains the calculations and conditions used, and allows you to add the indicator to your chart.


2. Using the Script Editor

If you are comfortable writing code, you can use the built-in Script Editor to create indicators, modify calculations, and customise existing scripts.

You can also generate an indicator using FIA and later modify its code in the Script Editor.


Last updated: 22 Oct 2026