The scanner will identify Nifty Weekly Options where the 20-day EMA of the Close price has been rising over the past 5 candles, and simultaneously, the 20-day EMA of volume has been rising for the past 5 candles, indicating both volume and trend confirmation.
Universe
Nifty Weekly
Time Frame
1 Day
Conditions
Period min(5, EMA(close, 20, 0) - EMA(close, 20, -1) ) higher than 0.0 and Period max(5, Moving average(volume,20,exponential,-1) - Moving average(volume,20,exponential,0) ) lower than 0.0