LEV LADDER in NT7 EOD strategy

hi

A new modification is made by swan as LEV Ladder of effectivevolume

Quoting 

Hi- The basic principle is that consistent buying of a name by institutions (as represented by LEV) over a 20d look back period is indicative of future returns. If you look at the real time LEV chart for a the stock BBD for a 20d period, you will see the green line (LEV) forms a pretty linear line from lower left to upper right. The 2400 names are scanned each night to pull out the names that exhibit this characteristic.. Tonight, only 52 names of the 2400 met this criteria.. which is relatively few.. usually there are closer to 100 names that make it through this scan. Next, the 52 names will be ranked by 3 month RS to find the fastest movers .. Marketsmith does not update their database until late, so I look at this the next morning.. The top 4 names are selected from this ranked ordered list with a minimum cut-off of RS >= 95; so, occasionally, there are fewer than 4 names that meet that RS = 95 or greater criteria. These are each day's LEV Leaders, and this list is maintained for a rolling 5d period to capture overnight gains, etc. I hope that helps, Shawn

Can anyone code it and track the performance on indian market?

thx
CS