Nifty Participants - Top 10

📌 Nifty Participants – Top 10 (Indicator Description)

This indicator displays the top 10 weighted stocks from the NIFTY index and shows how each stock is contributing to the index movement in real time.
For each participant, the script calculates price change, percentage change, RSI, VWAP position, volume spike, previous day levels, and their estimated participation based on weightage.

A dynamic table is plotted on the chart with color-coded cells for bullish, bearish, and neutral conditions. Users can customize which columns to display (LTP, Change, Change %, Share, RSI, VWAP, Volume Spike, Previous Day High/Low) and select the timeframe for calculations. The index itself appears as the first row for quick comparison.

Volume spikes are highlighted when current volume exceeds a configurable multiple of the average volume. RSI and VWAP columns also use adaptive coloring to quickly show strength or weakness.

All weightages are user-editable, and the table automatically limits output to the selected number of rows. This makes it an ideal real-time market breadth and contribution tracker for intraday and positional traders.