Indicators
How is the Volume for indices calculated in FYERS?
Indices are not directly traded on exchanges, so there is no official “index volume.” To make index charts meaningful, FYERS shows a synthetic Volume that reflects the combined trading activity of all stocks that make up the index. How the ...
How can I view Volume on index charts in FYERS?
Yes. FYERS lets you track Volume on charts for selected F&O-enabled indices. This helps you understand the overall trading activity of the stocks that make up an index and use volume-based indicators for your analysis. Supported indices Volume is ...
How does the VWAP indicator work on FYERS charts?
VWAP (Volume-Weighted Average Price) is an intraday indicator that uses both price and volume data to show the average traded price during a trading session. On FYERS charts, VWAP can be applied to intraday timeframes, including the 1-minute ...
Is the Open Interest indicator applicable to all types of charts on FYERS?
Not all indicators are suitable for every market instrument—and the Open Interest (OI) indicator is a perfect example. On FYERS platforms, OI is designed for derivatives only. It reflects the number of outstanding (open) contracts and is useful for ...
Why is the Open Interest indicator crucial for my trading strategy on FYERS?
Open Interest (OI) is the total number of open (unsettled) futures and options contracts. On FYERS, OI is best used with price and volume to understand participation, gauge trend strength, and spot sentiment shifts in F&O. What is OI? OI counts ...
What are the implications of abnormally high Open Interest on FYERS charts?
Abnormally high Open Interest (OI) on FYERS charts indicates that a large number of outstanding derivative positions are open in the market. Such elevated OI levels often reflect heightened trader activity and increased exposure, which can influence ...
What does stable Open Interest indicate about market trends on FYERS charts?
Stable Open Interest (OI) indicates that the number of outstanding futures and options contracts is not changing significantly over time. Although it may appear uneventful, steady OI provides useful insights into trader participation, market ...
How should I interpret changes in Open Interest alongside price movements on FYERS charts?
Open Interest (OI) represents the total number of outstanding futures and options contracts in the market. When you track OI along with price movements on FYERS charts, you can understand position buildup, unwinding, and possible shifts in market ...
What is the Open Interest indicator on FYERS Charts, how does it work, and can it be customised?
The Open Interest (OI) Indicator on FYERS charts is a key technical tool used primarily in futures and options trading. It reflects the total number of open contracts that remain unsettled, helping traders measure market participation and trend ...
What to do when moving averages show a difference in value when plotted on a dual chart?
Sometimes, while using the dual chart view on FYERS, you may notice a slight mismatch in the values of the same moving average across both panels—even when the chart settings are identical. This discrepancy, though rare, is caused by how each panel ...
What is the difference between VWAP & Anchored VWAP?
Understanding how price and volume interact can significantly improve trading decisions. VWAP and Anchored VWAP (AVWAP) are two such tools that help traders gauge market sentiment. While they share a common formula, their use cases differ in terms of ...
How can I use the CPR Indicator?
The Central Pivot Range (CPR) Indicator is widely used by day traders on FYERS to identify key support and resistance zones and predict market trends. It provides a price range that helps traders plan entries, exits, and stops more effectively based ...