
Ranit Biswas
1.1K posts

Ranit Biswas
@_ranitbiswas
📚studied @IIT Gandhinagar 💸Finance & Trading enthusiast 🫱🏽🫲🏻Sharing views to get others' not an Advisor, not an Educator 📈Chart is the Canvas
India 🇮🇳 Katılım Şubat 2024
3 Takip Edilen1.3K Takipçiler
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#AlgoXR: a platform designed for traders who want clarity over noise.
Welcoming everyone to visit and explore.
Like+Repost for 20 days free access.
How to access launch-event trial for free, in this thread👇
English

@WalterWhite6622 Maybe it is… but broader market is depressed. So GMP crashing 7-10% is just game of some seconds.
Currently… I'm not confident & also listing day fluctuations… can turn into a hit or miss game even after allocation…
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@_ranitbiswas Isn't it worth applying for listing gains ?
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"I can make an index in TradingView by adding multiple stocks together?"
❗️Not exactly.
What you're creating is a synthetic composite chart, not a true index.
TradingView Expression:
1. Combines two or more stock prices using a mathematical formula.
2. Great for visualization and comparing a custom basket.
3. No official methodology or scheduled rebalancing.
4. No constituent replacement rules or divisor adjustment.
5. Does not consider Free Float share citeria.
Example:
0.4 × SBIN + 0.35 × HDFCBANK + 0.25 × ICICIBANK + xyz
...It simply plots the calculated value of your expression.
So next time you see a reel explaining that, do not mix it up with an Index.
A Proper Index
1. Starts with a clearly defined methodology.
2. Has stock selection rules.
3. Uses predefined or live adjusting weights.
4. Begins with a fixed base value on a perticular date.
5. Calculates returns instead of simply adding prices.
6. Periodically rebalances constituents.
7. Uses a divisor to maintain continuity.
and for that uses proper formula and methodologies.
Institutions and Fin-Invest funds has the system to make and track index of any Sectors; creating another fundamental resource barrier for retail participants.
That's what I as a developer have seen as a problem and created this tool "IndeXR Lab" following standard practices. Now making it available for every participant on algoxr.in so anybody can make and track their own index of any sector, theme, business.. so on. Possibility is endless.
Also there's a Sectoral Rotation Graph for all sectoral indices as well as custom-made indices to visually track those themes closely along with the broader market.
Thanks.
Any further thoughts? 👇🏽
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@_ranitbiswas Toh kya samjhu semi conductor me ghus jana chahiye? ,🤔
Indonesia

This is an user-made Custom Index made on #SEMICONDUCTOR theme.
Overall looking like forming a base after a down trend.
See & create custom indexr on: algoxr.in/indexr-lab


Ranit Biswas@_ranitbiswas
Is this looking good? if yes 20 likes to reveal. I bet u wont find it anywhere else. ( same chart zoomed out & in)
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🚀Another milestone unlocked 2K Followers! Huge thanks to each one of you for believing in me and being part of this journey. Your support means everything.
Onwards to bigger achievements! ❤️🙌

Jyotiraditya Ghosh@TradeWithSperky
🎉 1K Followers in just 2 weeks! 🚀 A huge thank you to everyone for your incredible support, love, and trust. This milestone wouldn’t have been possible without our amazing community ❤️ We’re just getting started — many more achievements to come! 🙌 #1KFollowers #ThankYou #XCommunity Special thanks to @stockspicker_ @ArindamPramnk @ritikgpt22 @Yuvraj_77 ❤️🥰..
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@stockspicker_ Itne se chart pe nhi bata sakta dost 🥲 thoda past behaviour dekhne ka Mann kr rha he
Indonesia

Quick 11% move in #LLOYDSENGG within 2 days… ♨️

Ranit Biswas@_ranitbiswas
Holding from yesterday 😍 #LLOYDSENGG
English

"CAPLIN POINT LAB" an #AlgoXR stock
👉🏻 algoxr.in/pattern-matches
Ranit Biswas@_ranitbiswas
how's the chart? would you like to trade in it?
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