Spinning Top Red Nifty weekly

Spinning Top is a candlestick with small red body, indicating indecision in the market, often seen as a potential reversal signal when appearing after a downtrend in Nifty Weekly contracts.

Conditions

Abs( Close(0) - Open(0) lower than equal to ( High(0) - Low(0) ) * 0.25 ) and Open(0) higher than Close(0) and ( ( High(0) - Open(0) ) / ( Close(0) - Low(0) ) ) higher than equal to 0.9 and ( Close(0) - Low(0) ) / ( High(0) - Open(0) ) higher than equal to 0.9 and Abs( Open(0) - Close(0) ) higher than equal to ( High(0) - Low(0) ) * 0.05

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