Commencez

Options

PSP PEMA Indicator Only Sell 45MTF-7% TargetPSP PEMA Indicator – Only SELL (45MTF | Early Short Capture) 🔥 Purpose of This Indicator PSP PEMA Indicator is a professional-grade intraday SELL-only tool, specially designed to capture EARLY SHORT SELL opportunities in NIFTY before major intraday reversals. The highlight of this indicator is the “EARLY SELL” signal, which is crafted to catch premium decay moves in options and is ideal for same-day option selling or directional PUT buying. ⏱ Best Timeframe to Use Primary Timeframe: 45 Minutes (Strictly recommended) Can be observed on 15M for confirmation, but signals are optimized for 45MTF 📊 Best Instruments ✅ NIFTY Index (Highly Recommended) Bank Nifty (with slightly higher risk) FINNIFTY (experienced traders only) 👉 Works best on INDEX options, not recommended for stock options. ⭐ Most Powerful Signal: EARLY SELL The EARLY SELL label appears near market tops, usually before sharp intraday falls. How to Trade EARLY SELL (Options Focused) Wait for “EARLY SELL” label on 45-minute chart Execute trade on NEXT candle (do not chase) Trade selection: ATM / ITM PUT Buy OR ATM CALL Sell (for option sellers) Prefer same-day expiry or weekly options 🎯 Expected Target (Intraday) Options Premium: 🔹 5% to 7% decay/move achievable the same day Index Move: 🔹 Short-term downside impulse usually follows ⚠️ This indicator is designed to capture early momentum, not late breakdowns. 🛑 Stop Loss (Very Important) Options Buy: 🔻 Premium SL = 25–30% Option Sell: 🔻 Exit if next 45M candle closes above signal high No averaging against signal ❌ 🧠 When to AVOID Trading First 15 minutes of market open Low-volatility sideways days Major news / event candles already expanded 📈 Trade Management Tips Book partial profits early Trail remaining position One EARLY SELL per swing is enough — quality over quantity ⚠️ Disclaimer This indicator is meant for educational and analytical purposes. Markets involve risk. Use proper risk management and trade responsibly.
Indicateur Pine Script®
par pushpandrasingh
PSP ROC ZERO Line 1 HTF - 10% Profit PSP ROC ZERO Line 1 HTF – 10% Profit **PSP ROC ZERO Line 1 HTF** is a clean, rule-based **trend & momentum confirmation indicator** designed for **high-probability positional and intraday trades** with limited signals and clear direction. ## 🔹 How to Use * Apply the indicator on the **1-Hour (1H) timeframe** * Trade only during **Indian market hours** * Follow **BUY / SELL labels** shown on the chart * Avoid taking new trades **after 14:45 IST** * Best results when traded in the **direction of the broader trend** ## 🔹 Best Instruments This indicator performs best on **high-liquidity and trending instruments**: ### ✅ Indian Markets * **NIFTY 50** * **BANK NIFTY** * **FINNIFTY** * **Midcap & Largecap Stocks** * **High Volume F&O Stocks** ### ✅ Other Markets * **Index ETFs** * **Liquid Global Indices** * **Trending Crypto (1H only)** ## 🔹 Trade Style * **Positional Intraday / Swing** * Low frequency, **high quality signals** * No over-trading * Works best in **clear directional markets** ## 🎯 Expected Targets (Indicative) * 🎯 **Primary Target:** ~ **10%** * 🚀 **Trailing Potential:** **20–25%** in strong trends * 📊 Average **8–10 signals per month** per instrument > ⚠️ Targets depend on market structure, volatility, and risk management. --- ## ⏰ Time Filter Advantage * Signals are **restricted to active market hours** * Prevents late-day false entries * Improves signal reliability and discipline ## 🔔 Alerts * Built-in **BUY & SELL alerts** * Can be used for **manual trading or alert-based execution** ## ⚠️ Disclaimer This indicator is for **educational and analytical purposes only**. Always use proper **risk management and position sizing**. No indicator guarantees profits.
Indicateur Pine Script®
par pushpandrasingh
Market Maker100% FREE | NO PAYWALL | NO SOLICITATION This indicator is completely free. I don't sell signals, courses, or subscriptions. I built this for the community because education should be accessible to everyone. I'm not asking for money of any kind - this is a free tool for free traders. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WHAT MAKES THIS DIFFERENT Unlike other ICT indicators that show you one or two concepts, this is a COMPLETE ICT trading system in one tool. Every major ICT concept - detected automatically, displayed cleanly, with real-time trade setup generation. Built by a funded futures trader with a 95% win rate and an options record of 60/65 in 2026 (including 4 trades over 1,000% gains). This isn't theory - this is what I use every single day. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ FEATURES 📐 Market Structure BOS (Break of Structure) - Cyan label = trend continues CHoCH (Change of Character) - Red/Green label = trend reversal Swing points auto-marked (HH/HL/LH/LL) 📊 Fair Value Gaps Bullish/Bearish FVGs with CE line (50% entry point) Session colors: Purple = Asia | Blue = London | Orange = NY Auto-mitigates when price fills the gap 🧱 Order Blocks Bullish OB (green) / Bearish OB (red) GLOW CONFIRMATION when price touches and reacts Breaker Blocks when OB is mitigated 💧 Liquidity Equal Highs (EQH) / Equal Lows (EQL) detection SWEEP labels when liquidity is taken Sweep lows → look long | Sweep highs → look short 🦄 Unicorn Model A+ setup: Breaker Block + FVG overlap Gold glow marks the zone Highest probability trades ⏰ Killzones Asia (8PM-12AM EST) - Range formation London (2AM-5AM EST) - First expansion NY Open (9:30-11AM EST) - Highest volume PM Session (1:30-4PM EST) - Trend continuation Lunch avoided by default - choppy, low probability 📈 Moving Averages Fast, Medium, Institutional EMAs EMA stack detection (bull/bear alignment) 📊 Point of Control POC, VAH, VAL levels Volume-based support/resistance 🎯 Trade Setup Boxes Auto-generates Entry, Stop Loss, Take Profit Shows 1R, 1.5R, 2R targets Appears when conditions align 📋 Live Status Panel Real-time condition checklist Shows LONG READY / SHORT READY when aligned Tracks: Sweep, CHoCH, OB, FVG, Killzone, EMAs ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ HOW TO USE Select Trading Style (Scalp / Day Trade / Swing) Wait for liquidity sweep (EQH or EQL taken) Look for CHoCH in opposite direction Enter at confirmed OB or FVG CE line Use setup box levels for SL and TP ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ TRADING STYLES Scalp - Fast detection, tight zones, 1-5 min holds Day Trade - Balanced settings, intraday swings Swing - Wider zones, larger moves, multi-day ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ALERTS INCLUDED BOS / CHoCH detected Liquidity sweep OB confirmed Unicorn setup Long/Short setup ready ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 2026 TRACK RECORD Options: 60/65 (92% WR) | 4 trades over 1,000% Futures: 95% WR | Funded Trader This indicator is what I use. Now it's yours. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ FREE EDUCATION & COMMUNITY I give away everything for free. Live calls, education, market structure analysis - no paywalls, no upsells, just traders helping traders. 🎥 YouTube: youtube.com/@nqgod 💬 Discord: discord.gg/nobodyfutures 📚 Education: marketstructurellc.com 📱 TikTok: @nqgodtrades ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ @NQGODTRADES | Hollow Point Trading "Dull entries miss the mark. Hollow points always expand."
Indicateur Pine Script®
par Smalldikenergy
10
BRYCE 0DTE Scalper (SPY/QQQ Only)BRYCE 0DTE Scalper (SPY/QQQ Only) BRYCE 0DTE Scalper is a specialized high-speed momentum tool built only for SPY and QQQ, designed for traders who scalp 0DTE options where premium changes rapidly and timing matters. This script is stricter and faster than the All-in-One tool. It focuses on the most important intraday ingredients for 0DTE: opening range breakout structure, VWAP bias, volatility expansion, momentum acceleration, and participation confirmation. Why it’s SPY/QQQ only SPY and QQQ are extremely liquid with consistent intraday behavior. 0DTE scalping needs: tight spreads smooth fills reliable intraday structure This indicator is purposely constrained to match those conditions. What it plots and why it matters 1) Premarket High / Premarket Low (Blue Lines) — 4:00am to 9:25am ET Key “launch” levels before the open. Helps you avoid chasing into resistance/support blindly. 2) Tight Opening Range (ORH/ORL) + OR Box (shorter window) A tighter opening range creates clearer breakout triggers for scalps. After the OR window finishes, breaks can move quickly — perfect for 0DTE. 3) VWAP Filter (the core bias for 0DTE) Above VWAP: long setups are favored. Below VWAP: short setups are favored. This keeps you trading with the “intraday tide,” which matters a lot for 0DTE. 4) Momentum Acceleration + Volatility Expansion The tool looks for moments when a move is accelerating and volatility is expanding — when 0DTE premium often moves fastest. 5) Trade Quality Score (tighter threshold) A stricter score helps reduce low-quality triggers and random chop trades. 6) Auto Targets + Runner Stop System (built for fast risk control) TP lines help you take profits in stages (important for 0DTE). Runner stop starts at VWAP immediately for clarity and discipline. After TP1, the runner can lock into Protected mode to reduce giveback. Best timeframes to use Best: 15s / 30s / 1m Good: 2m Not recommended: 5m+ for true 0DTE scalping (signals become late and moves can be missed) Best market conditions ✅ Best suited for Strong open momentum (first 5–60 minutes) Breakout/retest patterns around ORH/ORL, PM High/Low, and VWAP Trend days where price respects VWAP direction ⚠️ Least suited for Low volatility “grind” days (tiny candles, no expansion) Midday chop (11:00–2:00 often whippy) Major headline spikes (sudden reversals can be violent in 0DTE) How novices should use it Use the BUY/SELL label as the trigger — but only when price is behaving cleanly around VWAP and OR levels Take partials at TP1/TP2 (0DTE can reverse fast) Let the runner work only after TP1 if momentum stays strong If the chart is choppy and signals flip often, stop trading — that’s the indicator warning you conditions aren’t ideal
Indicateur Pine Script®
par winterfell62429826
1
NSE Multi Script Open Interest Change Analysis by JITENDRANSE Multi Script Open Interest Change Dashboard Index Trader Specially Intraday Need More Attention, while Building Position. They also need to Monitor INDEX MAJOR WEITAGE Script Reaction and also when Need to Cover Position. For More Grip in Index Trading I Have Designed this Indicator for Trading view community User. Overview Summary of This Indicator This indicator provides a intraday Open Interest (OI) Change analysis for major NSE Listed Futures contracts from 9:15 AM to 3:30 PM, segmented into 15-minute time slots. It tracks Price vs Open Interest behavior and classifies every 15-minute move into professional Derivative market phases: Each signal is displayed in a clean time-slot matrix table for multiple NSE futures in one view. LB Long Build-up (Price Up, OI Up) SB Short Build-up (Price Down, OI Up) SC Short Covering (Price Up, OI Down) LC Long Unwinding (Price Down, OI Down) Why This Indicator Is Important for Traders Most traders only look at price movement, but in derivatives trading: Price + Open Interest together reveal the real market intention. This dashboard helps traders instantly identify: Where new positions are being created (Long Build-up / Short Build-up) Where positions are getting closed (Short Covering / Long Unwinding) Whether a move is strong and supported by fresh money or just a temporary pullback or short squeeze Key Features / What This Indicator Does Multi-symbol dashboard (NIFTY, BANKNIFTY, FINNIFTY, stocks & more) Automatic 15-minute slot tracking from 9:15 to 15:30 Real-time Price + OI phase detection as provided by Trading view Optional display of OI Change in K with signals Optional to Enable, Disable and Change Future Symbol Compact, professional table layout Fully customizable symbols, size & position Image/ Snapshot to Understand Setting When Show OI Change in K with LB SB LC SC is "Enabled" Trader will See only PRICE & OPEN INTEREST Interpretation with Actual Data in 15 Minutes Timeframe When Show OI Change in K with LB SB LC SC is "Disable" Trader will See only PRICE & OPEN INTEREST Interpretation in Short Form Code Summary How This Script Fetches and Calculates Data using request.security() function to fetch 15-minute futures data for each selected NSE symbol = request.security(sym, "15", [time, close, close ]) To Fetch Open Interest (OI) symbol: oiSym = str.format("{0}_OI", ticker.standard(sym)) Using Price + OI relationship, each 15-minute candle is classified as: sig = priceChg > 0 and oiChg > 0 ? "LB" : // Long Build-up priceChg < 0 and oiChg > 0 ? "SB" : // Short Build-up priceChg > 0 and oiChg < 0 ? "SC" : // Short Covering priceChg < 0 and oiChg < 0 ? "LC" : // Long Unwinding "N" Thanks Trading View Community
Indicateur Pine Script®
par radhe396
Recurring Trading DaysRecurring Trading Days is a professional calendar-based market overlay that highlights the most important time-driven structures used by institutional traders. The indicator maps recurring trading days directly onto the price chart, revealing how liquidity, volatility, and positioning change throughout the month. It displays: Weekdays (blue gradient) Each weekday can be enabled or disabled individually. This reveals weekly behavioral patterns and rhythm in market activity. N-th Trading Day of the Month (white) Marks the first, second, third or any selected trading day of each month. This is where institutional flows, pension allocations and portfolio rebalancing typically enter the market. NFP Friday (green) The first Friday of every month when the US Non-Farm Payrolls report is released. One of the highest-impact macroeconomic trading days. Monthly Options Expiration - OPEX (red) The third Friday of each month when index and equity options expire. Dealer hedging and gamma effects often create reversals or strong directional moves. Quarterly Options and Futures Expiration (purple) The third Friday of March, June, September and December. This is the most important expiration day of the quarter, when options, futures and index products roll simultaneously. Anniversaries and Fixed Dates (orange) Unlimited recurring calendar dates in the format DD.MM;DD.MM;... Useful for seasonal cycles, historical market turning points or personal trading rules. The indicator uses a strict visual priority: Fixed Dates > Quarterly OPEX > Monthly OPEX > NFP > N-th Trading Day > Weekdays This ensures that the most important institutional events are always visible.
Indicateur Pine Script®
par Krypt0n85
Adaptive Supertrend & AMA Combined mybullandbear📘 Adaptive Supertrend & AMA Combined – Usage Guide 📌 Overview Adaptive Supertrend & AMA Combined is a trend-following indicator that blends an Adaptive Moving Average (AMA) with an Adaptive Supertrend-based trailing stop. It helps traders identify: Market trend direction Trend strength and momentum Potential entry and exit zones This indicator is suitable for intraday, swing, and positional trading across all markets and timeframes. 📈 Indicator Components 1️⃣ Adaptive Moving Average (AMA) The AMA dynamically adjusts to market volatility. It reacts faster in strong trends and slows down in sideways markets. Color change indicates momentum direction: 🟢 Green AMA → Bullish momentum 🔴 Red AMA → Bearish momentum 2️⃣ Adaptive Supertrend Trailing Stop Works as a trend filter and trailing stop-loss. Automatically adapts using: Volatility (ATR) Selected channel type Color indicates market trend: 🟢 Green line → Uptrend 🔴 Red line → Downtrend 🧭 How to Use the Indicator ✅ Buy Setup (Long Trade) Consider a BUY when: AMA is green and sloping upward Trailing Stop line is green Price is above the trailing stop 📌 Best used after candle close for confirmation. ❌ Sell Setup (Short Trade) Consider a SELL when: AMA is red and sloping downward Trailing Stop line is red Price is below the trailing stop 🔄 Exit / Trailing Stop Logic Use the trailing stop line as: Dynamic stop-loss Trend exit indicator Exit the trade when: Price crosses the trailing stop OR while Scalping AMA changes color against your trade
Indicateur Pine Script®
par mybullandbear
Watchlist Scanner: Ripster MTF Clouds (Alerts & Table)Overview This script is a custom Watchlist Scanner designed to help traders efficiently monitor up to 8 tickers simultaneously for interactions with the Ripster47 MTF (Multi-Timeframe) Clouds. Instead of flipping through charts manually, this tool places a dashboard on your screen that alerts you when a stock is "Inside" the cloud (Chop Zone) or "Near" the cloud (Potential Bounce/Rejection Zone). This script is inspired by the Ripster MTF Clouds methodology. It utilizes his core concept of using higher-timeframe EMA ribbons (specifically the 34 and 50 EMA) to identify significant trend support and resistance levels on lower timeframe charts. How it Works The script uses request.security to pull data from a higher timeframe (default: 60-minute) while you trade on a lower timeframe (e.g., 5-minute or 15-minute). It calculates the "Cloud" boundaries based on the 34 EMA and 50 EMA. The scanner checks three conditions for every ticker in your list: 1. INSIDE (Yellow): Price is currently trading between the 34 and 50 EMA. This is often considered a "chop" or "decision" zone. 2. NEAR (Orange): Price is approaching the cloud (within a user-defined threshold, default 0.5%). This is your "Heads Up" signal to watch for a bounce or rejection. 3. AWAY (Gray): Price is trending away from the cloud with no immediate setup. Features Multi-Symbol Monitoring: Watch up to 8 custom symbols in a single table. Clean Display: Automatically strips exchange prefixes (e.g., "NASDAQ:") for a cleaner look. Customizable Timeframes: You can scan for the 1-Hour cloud, 4-Hour cloud, or Daily cloud regardless of your chart timeframe. Adjustable Sensitivity: Change the "Nearness Threshold" percentage to fit volatility. Position Control: Move the dashboard table to any corner of your screen via the settings menu. How to Use 1. Add the indicator to your chart. 2. Open the Settings (Gear Icon). 3. Enter the specific tickers you want to watch in the Watchlist section. 4. (Optional) Adjust the "Cloud Timeframe" if you want to watch the 4HR or Daily clouds. 5. Monitor the table: Look for ORANGE (Near) or YELLOW (Inside) signals to identify potential trade setups Disclaimer This tool is for informational purposes only and does not constitute financial advice. Always verify signals on the actual chart before trading.
Indicateur Pine Script®
par StayExcited
"JV Uitimate Pro ORB: 10 Targets + Entry/SL/HLC/MTF"JV Ultimate Pro ORB Indicator – The Ultimate All-in-One Trading Tool A powerful, professional-grade indicator designed for serious intraday and positional traders across MCX, Nifty, Bank Nifty, and global markets. Key Features: • Advanced Opening Range Breakout (ORB) System – ORB levels start daily at 9:00 AM and extend continuously until the next day’s 9:00 AM (perfect 24-hour cycle) – Precise High/Low breakout levels with 1:1 to 1:5 extensions on both Call and Put sides (12 total levels) – Automatic labels appear at session close for clear reference • Accurate Entry, Stop Loss & Multi-Level Profit Targets – Clean entry signals with dynamic price marking – ATR-based trailing stop loss for optimal risk management – Up to 10 profit targets (T1 to T10) intelligently placed using previous pivot highs/lows • Previous Day High, Low, Close (PDH/PDL/PDC) + Sniper Level – Clear daily reference lines for PDH, PDL, and PDC – Smart Sniper level calculated from nearby option strikes (CE + PE average) • Smoothed Heiken Ashi Candles – Noise-reduced, trend-friendly Heiken Ashi candles with double smoothing for superior clarity • 200 EMA Filter + Multi-Timeframe Trend Table – Strong 200-period EMA as a trend filter – Real-time MTF trend dashboard (1m to Daily across 8 timeframes) showing Bullish/Bearish status at a glance • Clean, Professional & Highly Visible Design – Thick, vibrant lines and organized labels for maximum chart readability – No clutter – everything is intuitively placed for fast decision-making This indicator combines powerful breakout logic, precise risk management, multiple exit levels, and strong confluence tools into one complete trading system. Perfect for traders seeking an edge with clean, actionable insights. Invite-only access – exclusively for dedicated traders. Happy Trading! JV ⚠️ Notes / குறிப்புகள் This indicator does not repaint. Works with any instrument that has price movement & volume. Always follow your own risk management rules. --- 📩 Contact Telegram: t.me/KJVTrader Channel: t.me/+GdUhQ3SvP1dhYmNl YouTube: youtube.com/@JVTRADER57 youtube.com NSE:NIFTY
Indicateur Pine Script®
par JVTRADERJV
Virgin-VWAPThis draws the Virgin levels of VWAP. It gives a visual representation of Volume-Weighted Gap Map. Visual "Fill": It looks like a "Gap Fill" indicator. The lines will look like rectangles or "beams" shooting across the chart, stopping exactly where the market "filled" that price level. Trimmed lines: The virgin line gets trimmed once touched. This tells you: "This level was hit, it might still be support/resistance, but the 'Virgin' status is gone." Terminal Labels: A vigin vwap lines carries the price label so ones can see the strike's value at a glance. Clean Forward Space: Because the lines stop when touched, your "future" chart (the empty space to the right) won't be cluttered with old lines that are no longer relevant. You will only see the lines for levels that haven't been hit yet extending into the empty space. Was built for NSE options in mind, seeing those "beams" of historical value stop exactly where price met them is a powerful way to visualize where the market has found "fair value" versus where there are still "unfilled orders." PS: Built with Gemini 3!!
Indicateur Pine Script®
par gokoffline
M8B Golden Rules - Butterfly# Golden Rules Butterfly Strategy Specification - The content provided is for educational and informational purposes only This document details the exact rules and calculation logic for the "Golden Rules" Butterfly trading strategy. This specification is designed to be used for implementing the strategy in a live trading environment. ## 1. Strategy Overview The Golden Rules strategy is a selective, rules-based approach for SPX Butterfly options. It focuses on high-probability windows (Mondays, Tuesdays, Fridays) and uses market momentum and volume-weighted average price (VWAP) as filters to ensure the market is in a "pinning-friendly" regime. --- ## 2. Core Entry Rules A trade is only considered for entry if **ALL** of the following conditions are met simultaneously: ### Rule 1: Golden Windows (Temporal Filter) The entry time (US/Eastern) must fall within these specific windows: * **Monday**: 09:30 AM – 11:00 AM ET (Early session momentum/decay). * **Tuesday**: 11:00 AM – 03:00 PM ET (Mid-day stability). * **Wednesday**: 10:00 AM – 01:00 PM ET (Morning/Mid-day momentum). * **Thursday**: 10:00 AM – 12:00 PM ET (Morning session only). * **Friday**: 11:00 AM – 03:00 PM ET (Expiration pinning window). ### Rule 2: Momentum Validation * **Condition**: `30 <= SPX RSI (14) <= 75` * **Calculation**: Standard 14-period Relative Strength Index (RSI) calculated on 5-minute closing prices of SPX. * **Purpose**: Ensures the market is in a "Stability Zone." RSI < 30 indicates extreme weakness, while RSI > 75 indicates overbought conditions where sharp reversals frequently "burn" butterfly wings. ### Rule 3: VWAP-Strike Proximity * **Condition**: `abs(Current_VWAP - Center_Strike) < 10 points` * **Calculation**: * `Daily_VWAP = Σ(Price * Volume) / Σ(Volume)` since 09:30 AM ET. * *Note: Since SPX does not have native volume, use **SPY Volume** as the proxy.* * **Purpose**: Ensures the market's volume-weighted center of gravity is near your intended pin. This indicates the market has "found" the price level you are betting on. --- ## 3. Data Requirements & Calculations ### A. Technical Indicators 1. **SPX RSI (14)**: * Timeframe: 5-Minute Bars. * Smoothing: Standard Wilder's smoothing. * Lookback: 14 periods. 2. **Daily VWAP**: * Reset: Every day at 09:30 AM ET. * Price: `(High + Low + Close) / 3` or simply `Close` of the 5-min bar. * Volume: Total volume of the corresponding 5-min SPY bar. ### B. Option Parameters * **Center_Strike**: The middle (short) strike of the Butterfly spread. * **Butterfly Spread**: The distance between the wings and the center strike (e.g., 50-point wings). --- ## 4. Execution Logic 1. **Scanning**: Every 5 minutes during the Golden Windows, check Rule 2 (RSI) and Rule 3 (VWAP). 2. **Trade Selection**: If multiple Butterfly spreads are available, select the one where the `Center_Strike` is closest to the `Current_Price`. 3. **Entry Limit**: Maximum of **one trade per day**. Once a trade is entered, stop scanning for the remainder of the day. 4. **Baseline Benchmark**: Always compare live performance against a "Random Entry" baseline (entering 3 random butterflies throughout the day) to verify ongoing alpha. --- ## 5. Expected Performance (Historical Backtest) Based on 2024-2025 backtesting data: * **Strategy Win Rate**: ~66.4% * **Average Profit per Trade**: ~$334 * **Best Performing Day**: Monday (Avg Profit ~$519) * **Selective Trading**: Trades ~75% of available market days (375 out of 500 days).
Indicateur Pine Script®
par sgopal1
3
IV Rank & Percentile Suite V1.0What This Indicator Does The IV Rank & Percentile Suite provides the volatility context options traders need to time entries. It calculates two complementary metrics—IV Rank and IV Percentile—using historical volatility as a proxy, then displays clear visual zones to identify favorable conditions for premium selling strategies. Stop guessing if volatility is "high" or "low." This indicator tells you exactly where current volatility sits relative to recent history. The Two Metrics Explained IV Rank (0-100) Measures where current volatility sits within its 52-week high-low range. IV Rank = (Current HV - 52w Low) / (52w High - 52w Low) × 100 70 means current volatility is 70% of the way between the yearly low and high Sensitive to extreme spikes (a single high reading affects the range) IV Percentile (0-100) Measures what percentage of days in the lookback period had lower volatility than today. IV Percentile = (Days with lower HV / Total days) × 100 70 means volatility was lower than today on 70% of days in the past year More stable, less affected by outlier spikes Why Both? IV Rank reacts faster to volatility changes. IV Percentile is more stable and statistically robust. When both agree (e.g., both above 50), you have stronger confirmation. Divergence between them can signal transitional periods. Zone System The indicator divides readings into three zones: Zone ------- Default Range ---- Meaning ------------------ Premium Selling 🟢 High ≥ 50 Elevated volatility Favorable 🟡 Neutral 25-50 Normal volatility Selective 🔴 Low ≤ 25 Compressed volatility Avoid An additional Extreme threshold (default 75) highlights prime conditions when volatility is significantly elevated. Zone thresholds are fully customizable in settings. How to Use It For Premium Sellers (Iron Condors, Credit Spreads, Strangles) Wait for IV Rank to enter the green zone (≥50) Confirm IV Percentile agrees (also elevated) Enter premium selling positions when both metrics align Avoid initiating new positions when in the red zone For Premium Buyers (Long Options, Debit Spreads) Low IV Rank/Percentile means cheaper options Red zone can favor directional debit strategies Avoid buying premium when both metrics are in the green zone General Principle: Sell premium when volatility is high (it tends to revert to mean). Buy premium when volatility is low (if you have a directional thesis). Inputs Volatility Calculation HV Period — Lookback for historical volatility calculation (default: 20) Trading Days/Year — 252 for stocks, 365 for crypto Lookback Periods IV Rank Lookback — Period for high/low range (default: 252 = 1 year) IV Percentile Lookback — Period for percentile calculation (default: 252) Zone Thresholds High IV Zone — Readings above this are highlighted green (default: 50) Low IV Zone — Readings below this are highlighted red (default: 25) Extreme High — Threshold for "prime" conditions alert (default: 75) Display Options Toggle IV Rank, IV Percentile, and raw HV display Show/hide zone backgrounds Show/hide info panel Panel position selection Info Panel The panel displays: Field ------- Description IV Rank ------- Current reading with color coding IV Pctl ------- Current percentile with color coding HV 20d ------- Raw historical volatility percentage 52w Range ------- Lowest to highest HV in lookback period Zone ------- Current zone status Premium ------- Signal quality for premium selling Lookback ------- Days used for calculations R/P Spread ------- Difference between Rank and Percentile Alerts Six alerts are available: Zone Transitions IV Entered High Zone — Favorable for premium selling IV Reached Extreme Levels — Prime conditions IV Dropped to Low Zone — Caution for premium sellers Threshold Crosses IV Rank Crossed Above High Threshold IV Rank Crossed Below Low Threshold IV Percentile Above 75 IV Percentile Below 25 Set up alerts to get notified when conditions change without watching charts. Technical Notes Volatility Calculation Method This indicator uses close-to-close historical volatility as an IV proxy: Calculate log returns: ln(Close / Previous Close) Take standard deviation over HV Period Annualize: multiply by √(Trading Days) This method correlates well with implied volatility for most liquid instruments. On highly liquid options underlyings (SPY, QQQ, major stocks), HV and IV tend to move together, making this a reliable proxy for IV Rank analysis. Non-Repainting All calculations use confirmed bar data. Values are fixed once a bar closes. Lookback Requirement The indicator needs sufficient history to calculate accurately. For a 252-day lookback, ensure your chart has at least 300+ bars of data. Best Used On ETFs: SPY, QQQ, IWM, DIA Indices: SPX, NDX High-volume stocks: AAPL, TSLA, NVDA, AMD, META Timeframe: Daily (recommended), Weekly for longer-term view The indicator works on any instrument but is most meaningful on underlyings with active options markets. Important Notes ⚠️ This indicator uses historical volatility as a proxy for implied volatility. While HV and IV are correlated, they are not identical. For precise IV data, consult your options broker's platform. ⚠️ High IV Rank does not guarantee profitable premium selling. It indicates favorable conditions, not guaranteed outcomes. Position sizing and risk management remain essential. ⚠️ Past volatility patterns do not guarantee future behavior. Volatility regimes can shift, and historical ranges may not predict future ranges. Suggested Workflow Add to daily chart of your preferred underlying Set up alert for "IV Entered High Zone" When alerted, check both IV Rank and IV Percentile If both elevated, evaluate premium selling opportunities Use your broker's actual IV data for final entry decisions Questions? Leave a comment below.
Indicateur Pine Script®
par VolForge
2
NSE MCX Future Open Interest Vol- Analysis (JITENDRA)NSE MCX Future Open Interest Volume Analysis (JITENDRA) This indicator is designed for derivatives traders who want a structured, session-aware view of Futures Open Interest (OI), Price change, and Volume behavior across intraday and higher timeframes. Unlike standard OI indicators that only show bar-by-bar changes, this script organizes Futures data into a time-slot-based log table, allowing traders to track how positions are being built, unwound, or covered throughout the trading session. Summary of This Indicator What This Indicator Does Open Interest Only Available in Future Chart. Automatically detects and loads the current Futures contract (1!) when applied on spot or futures charts, if Script Available in Derivatives. Logs Price change, Open Interest change, and Volume into fixed time slots (15-min / 60-min / Daily). Classifies market positioning behavior using Price–OI relationships: Long Buildup Short Buildup Short Covering Long Covering Neutral activity No Future Data Leak – Upcoming slots stay blank until time arrives Automatic Session Detection – Day & Evening sessions handled intelligently Professional OI Logic – Clear Long / Short Build-Up & Covering signals Separates Day (Morning) and Evening sessions intelligently without overwriting data Highlights abnormally high OI or Volume activity using adaptive averages This creates a log-book style view of Futures participation rather than a single-bar indicator Core Logic Behind Data Reading The indicator evaluates three core derivatives components together: Works on 15-min, 60-min, Daily, or Chart-based safe timeframes Price Change → Directional intent Open Interest Change → Position creation or reduction Volume → Activity strength and participation By combining these, the script identifies whether traders are: Adding fresh longs or shorts Covering existing positions Exiting without fresh participation Session-Aware & Time-Slot Based Day Session (NSE): 09:15 – 16:00 IST Evening Session (MCX / Extended Futures): 16:00 – 23:45 IST In Auto mode, the indicator: Continues displaying Day session data until actual Evening session data appears Switches sessions without overwriting the existing table Each row represents a completed time block, helping traders visually analyze how positioning evolves through the session. Table Columns (Configurable) All columns can be enabled or disabled from settings. Time Slot Price Δ OI Δ Volume OI-Based Signal Snapshot to Understand 15 Minutes Data on Table Snapshot to Understand 60 Minutes Data on Table Data Fetching Logic Summary Uses controlled request.security() calls Avoids loops with dynamic security requests Table is rebuilt only on: First bar, Session change bar occur. Pine Logic Concept chartTFMin = timeframe.isintraday ? timeframe.multiplier : 1440 safeChartTF = chartTFMin < 15 ? 15 : chartTFMin Futures Symbol Convert (Auto 1!) if syminfo.type == "futures" t := syminfo.ticker else t := syminfo.ticker + "1!" Fetching LTP (Close Price) & Volume = request.security(baseSymbol, logTF, [time, close, close , volume]) Fetching Open Interest (OI) oiSymbol = syminfo.prefix + ":" + baseTicker + "_OI" = request.security(oiSymbol, logTF, [close, close ], ignore_invalid_symbol=true) Safety Feature Prevents runtime errors if OI data is unavailable for a symbol gnore_invalid_symbol = true Thanks Trading View
Indicateur Pine Script®
par radhe396
SuperUltimate Buy & Sell (TP hits + Optional BE, Fill-Approx)This indicator is an overlay indicator for TradingView that displays buy/sell entry signals on the chart and simultaneously draws stop-loss (SL) and take-profit (TP) signals and price level lines. At the moment an entry signal is generated, SL and TP lines corresponding to the entry direction are automatically created, allowing users to immediately and visually assess risk (acceptable loss) and reward (target profit). Main features Buy/Sell signal display Long (buy) and short (sell) signals are displayed on the chart as labels or arrows. Signal generation is based on the internal logic of the indicator, and whether the signals are determined on candle close or updated in real time depends on the settings or implementation. SL/TP signals and line drawing After an entry signal is generated, SL (stop-loss) and TP (take-profit) levels are displayed as lines on the chart. When price reaches the SL or TP level, the corresponding event can be shown as a signal (label or marker). The lines are designed to follow the most recent trade or signal, enabling practical use without excessive accumulation of lines, depending on the implementation. Option: SL move to breakeven (break-even function) With an optional setting, the SL can be moved to the breakeven level (entry price) when unrealized profit reaches a specified condition. This break-even function helps automate risk management by limiting losses if the market reverses. The conditions for triggering the break-even move, such as price reaching a certain R-multiple, touching a specific line, or meeting a trend continuation condition, can be adjusted through the settings according to the implementation. このインジケータは、チャート上に売り/買いのエントリーシグナルを表示し、同時にストップ（SL）および利確（TP）のシグナルと水準ラインを描画するTradingView用のオーバーレイ・インジケータです。 エントリーが発生したタイミングで、エントリー方向に応じたSL/TPラインを自動で生成し、視覚的にリスク（損失許容）とリワード（目標利確）を即座に確認できます。 主な機能 売り/買いシグナル表示 ・ロング（買い）/ショート（売り）のシグナルをチャート上にラベル（または矢印）で表示します。 ・シグナルの発生条件はインジケータ内部ロジックに基づきます（終値確定での判定か、リアルタイム更新かは設定/実装に依存します）。 SL/TPシグナルとライン描画 ・エントリー発生後、SL（損切り）とTP（利確）の水準をラインで表示します。 ・価格がSLまたはTPに到達した場合、該当イベントをシグナルとして表示（ラベル/マーク）できます。 ・ラインは「最新のトレード（または最新シグナル）」に追従する設計で、不要なラインの増殖を抑えた運用が可能です（実装により異なる場合があります）。 オプション：SLの建値移動（ブレイクイーブン） ・任意設定で、含み益が一定条件を満たしたときにSLを建値（エントリー価格）へ移動できます。 ・建値移動により、相場が反転した場合でも損失を抑え、リスク管理を自動化できます。 ・建値移動の発動条件（例：価格が一定Rに到達、特定ライン到達、トレンド継続条件など）は設定項目により調整可能です（実装に合わせて記載してください）。
Indicateur Pine Script®
par Zippo777
2
Trade Confidence BoosterNOT FINANCIAL ADVICE. TRADE AT YOUR OWN RISK. The Smart Day Trader’s and Scalpers Secret Weapon Stop guessing. Start trading with confidence . The Trade Confidence Booster is a comprehensive trading system that transforms chaotic price action into crystal-clear entry and exit signals. Built for day traders and scalpers who demand a clean, rule-based indicator with structure, clarity, and consistency — without clutter. This indicator combines institutional-level analysis with simple, actionable signals. What Makes This Different? While others chase random breakouts and get stopped out repeatedly, Trade Confidence Booster waits for the market to show its hand through the coveted "Confidence Candle" pattern - a powerful consolidation signal that appears within clear trends and explosive moves. This isn't another repainted indicator making false promises. It's a complete trading framework that shows you: WHEN to enter (Confidence Candles + Entry Signals) Also, WHEN to trim and lock in gains (3 Customizable Trim Tiers) WHERE to exit (Dynamic and Customizable Trend Break Triggers) HOW MUCH confidence to put into the trade (Confluence Scoring System) Key Features 📊 Smart Trend Detection - Multi-layered trend analysis combining price structure, momentum, and volume that also has the ability to AVOID CHOP 💪 Confidence Candle Technology - Identifies low-risk, high-probability entry zones 🎯 7-Point Confluence System - Never guess if a setup is worth taking 📈 Clear Entry Signals - CALL/PUT labels complete with quality scores 💰 Automated Profit Management - Built-in trim levels with default settings at 0.35%, 0.80%, and 1.25% that are completely customizable 🛡️ Adaptive Trailing Stops - Protects profits while letting winners run with adjustable buffers that compliment your trading and risk style 📍 Multi-Timeframe Support Levels - Hourly S/R zones visible on any timeframe 📐 Dynamic Fibonacci Levels - Auto-adjusting to current trend 🔵 Opening Range Breakout (ORB) - Visually see three (3) days of Original Ranges based on your desired timeframe (default set at 15 minutes) and easily identify a breakout in either direction 📊 Volume Profile with POC - See where smart money is positioned This indicator isn’t built try and predict the market — it’s designed to help you stay aligned with structure, avoid chop, and manage trades with discipline.
Indicateur Pine Script®
par JaXolutions
11
15-Minute High Low Short LinesThis indicator plots short horizontal lines showing the **high** and **low** of the most recently completed 15-minute candle, regardless of the chart's timeframe. Key Features: - Lines start exactly at the open time of the previous completed 15-minute bar - Lines extend forward for a user-defined number of minutes (default: 60 minutes = 1 hour ahead) - Only the latest lines are displayed (old lines are automatically removed for a clean chart) - Fully customizable: line colors, width, and extension length - Non-repainting and works perfectly on any timeframe (1m, 5m, 1h, daily, etc.) - Ideal for marking recent 15-minute range levels for breakout or support/resistance trading Great for intraday traders who want quick visual reference to the prior 15-minute high and low without clutter.
Indicateur Pine Script®
par captainshark22
AI Astra Pro - Options Intelligence by Pooja📘 AI Astra Pro – Options Intelligence by Pooja Invite-Only • Option Premium–Focused • Rule-Based Intelligence System 🔔 IMPORTANT (PLEASE READ FIRST) AI Astra Pro is designed exclusively for OPTION PREMIUM charts. This indicator will not work on index or equity charts. It internally calculates approximate option Greeks (Delta, Gamma, Theta, Vega) using option premium behavior and underlying index price. For safety and correctness, the script automatically restricts usage to option premium symbols only. 🔍 What AI Astra Pro Does (Purpose) AI Astra Pro is an advanced intraday options intelligence indicator designed to help option traders: Reduce false entries Avoid over-trading Filter out low-energy and sideways market conditions Trade only when multiple independent confirmations align Instead of producing frequent signals, this indicator focuses on signal quality, confirmation, and controlled re-entries, making it suitable for serious intraday option traders. ⚙️ Core Features (Explained Clearly) 🔹 1. Option-Only Safety System Script runs only on option premium charts Prevents incorrect usage on index or equity charts Ensures Greeks and premium logic remain valid 🔹 2. Confirmed BUY & SELL Signals (No Repainting) Signals appear only after candle close No intrabar repainting or blinking signals Suitable for live trading and automation alerts 🔹 3. Dual RSI Engine (Buy & Sell Separation) Separate RSI + RSI-MA logic for BUY and SELL Minimum RSI-MA distance filter Directional slope validation Prevents mixed or contradictory signals ➡️ This avoids the common issue where one RSI controls both sides incorrectly. 🔹 4. RSI 60 / 40 Momentum Filter BUY signals allowed only in bullish momentum SELL signals allowed only in bearish momentum ➡️ Blocks trades during unclear or weak momentum phases. 🔹 5. ADX + ATR Strength & Volatility Filter ADX confirms trend strength ATR confirms sufficient intraday volatility ➡️ Prevents entries during sideways or low-energy markets where options decay faster. 🔹 6. EMA + VWAP Trend Alignment BUY signals only when price is above EMA & VWAP SELL signals only when price is below EMA & VWAP ➡️ Avoids counter-trend option entries, reducing drawdowns. 🔹 7. Strategy-2 Positional Re-Entry Logic Re-entries allowed only after proper pullback Price must cross and re-accept EMA/VWAP Prevents repeated signals without real retracement ➡️ Controls over-trading in strong trends. 🔹 8. Trendline-Based Structure Filter Dynamic trendlines from swing highs/lows Multiple slope calculation modes (ATR / Stdev / Linear Regression) Signals aligned with structural zones ➡️ Helps avoid chasing overextended moves. 🔹 9. Pivot Points for Context Traditional pivot levels Multi-timeframe support Optional price labels ➡️ Used for context only, not direct signal generation. 🔹 10. Option Greeks Intelligence Dashboard (Approximate) The dashboard displays approximate option Greeks, derived from option premium behavior: Delta Sensitivity – responsiveness of premium to index movement Approx. Delta Projection – estimated premium movement for a 100-point index move Gamma Activity – rate of delta change Theta Status – time decay behavior Vega / IV State – implied volatility expansion or compression ⚠️ These are approximate analytical values, not exchange-provided Greeks. 11. 🔹 Session Filter Optional disabling of signals during selected intraday time windows (e.g. noisy market open). 🧩 Why This Is NOT a Simple Indicator Merge AI Astra Pro is not a basic combination of RSI, EMA, VWAP, or Supertrend. Instead, it uses a state-driven architecture, where different indicator logics work as independent filters, not as simple triggers. Key architectural differences: Independent BUY and SELL logic engines No shared oscillator state between buy & sell Reset-based signal eligibility Sequential condition validation Anti-overtrading enforcement Oscillators and Non Oscillators Combination Filters for more Accuracy. Option Dashboard with Option Greeks Status which really make it unique. This structure makes the script original and structurally different from common indicator combinations. 🧠 What “AI” Means in This Indicator This script does NOT use machine learning, neural networks, or predictive models. The term “AI” refers to a rule-based decision intelligence system, where: Multiple market conditions are evaluated together Signals are allowed only after sequential validation Internal state logic decides when a signal is allowed or blocked Signals trigger only on confirmed candle close This approach mimics disciplined decision-making rather than prediction. Different kinds of Filters like adx, atr, Rsi slope which helps you to filter fake breakout and help to reduce overtrading. 🔔 Alerts & Automation BUY / SELL alerts on confirmed signals only Webhook-compatible Suitable for Telegram, Tradetron, or other platforms No repaint behavior 👤 Who This Indicator Is For ✔️ Intraday option buyers ✔️ Intraday option sellers ✔️ Option premium–based directional traders ✔️ Traders who prefer quality over quantity ✔️ Rule-based and confirmation-driven setups ✔️ Traders who want discipline, not over-signals ❌ Not suitable for: Equity delivery trading Long-term investing Index chart analysis without option premium 🔒 Why Invite-Only This script includes: Internal state tracking Reset logic Independent signal engines Option-specific intelligence logic Source access is restricted to protect the originality and structure of the implementation. ⚠️ Disclaimer This indicator is provided for educational and analytical purposes only. It does not provide financial advice, investment recommendations, or profit guarantees. All trading decisions and risk management remain the sole responsibility of the user. All option dashboard values are approximate and derived using option pricing and option Greeks–based formulas.
Indicateur Pine Script®
par financegurupooja
2
Brahmastra AI by Trading LearnerBrahmastra AI V6.1 is a powerful AI-driven Smart Money trading indicator built to decode institutional footprints, liquidity behavior, market structure, and momentum shifts with precision. Designed for intraday, swing, and positional traders, Brahmastra blends Smart Money Concepts (SMC), institutional zone intelligence, and adaptive AI logic to help traders identify high-probability entries, exits, reversals, and trend continuations with confidence and discipline. 🔥 Core Features - Institutional Zones AI-detected zones highlighting institutional buying & selling footprints (high-probability supply–demand areas). - Epicenter Points High-impact price levels with maximum institutional order concentration. - Sheshnag Ji (Dynamic WMA) Adaptive weighted moving average acting as dynamic support & resistance. - Smart Money Concepts (SMC) Includes: Order Blocks Break of Structure (BOS) Change of Character (CHOCH) AI Market Structure (HH / HL) Automatic detection of HH, HL, LH, LL for real-time structure clarity. ⚡ Zones, Liquidity & Fair Value Rudra Prime Zones – ADR-based static zones for Daily / Weekly / Monthly bias Equal Highs & Equal Lows – Liquidity pools & stop-hunt targets Har Ki Podi – AI equilibrium zones (premium–discount balance) AI Fibonacci Point Zones – Probability-backed retracement & reaction areas 🚀 Momentum & Candle Intelligence GSLV Momentum Candles – Internal candle strength & momentum shifts Chor Candle – Price–volume mismatch detection (fake moves & traps) Buying / Selling Retrace Alerts – AI-predicted high-probability retracements ⭐ V6.1 Enhancements CPR (Central Pivot Range) – Intraday bias, balance, breakout & reversal zones Universal SNG Lines – Smart adaptive dynamic support & resistance Liquidity Zones – Stacked liquidity regions for sweeps & institutional traps ⚠️ This indicator is a decision-support tool, not a buy/sell guarantee. Always apply proper risk management. 🔹 HOW TO USE Brahmastra AI 1️⃣ Identify Trend & Bias Use Market Structure (HH/HL) Confirm with Sheshnag Ji & CPR 2️⃣ Mark Institutional Zones Focus on Institutional Zones, Rudra Prime Zones, and Epicenter Points 3️⃣ Wait for Liquidity Interaction Watch Equal Highs/Lows and Liquidity Zones Look for sweeps or stop-hunts 4️⃣ Entry Confirmation Enter near Har Ki Podi or AI Point Zones Confirm with GSLV Momentum Candles or Chor Candle 5️⃣ Risk Management Stop-loss beyond liquidity zones Targets at next institutional or liquidity level Best results come from multi-timeframe confirmation and patience.
Indicateur Pine Script®
par VedLearner
1
STOC Trend Analysis for F&OThis indicator is a multi-timeframe trend confirmation tool designed to help traders identify high-probability trend alignment and filter low-quality trades. It plots three independent Supertrend calculations on the same chart, each with its own configurable ATR length and multiplier, allowing the user to combine fast momentum, intermediate swing trend, and slower structural trend in a single visual framework. In addition to plotting the Supertrend lines, the indicator fills the chart background for each Supertrend, with varying transparency levels, enabling instant visual recognition of trend direction, strength, and alignment. When all three Supertrends point in the same direction, it signals a strong, regime-aligned trend suitable for swing or positional trading, while mixed backgrounds indicate consolidation or transition phases where risk should be reduced. This indicator is best used as a trend filter in systematic trading, breakout strategies, and rule-based swing trading systems rather than as a standalone entry tool. This indicator is provided for educational and informational purposes only. Trading and investing involve risk. Always do your own analysis and use proper risk management.
Indicateur Pine Script®
par BoobeshDasarath93
SPX Iron Fly Session TrackerOverview This indicator provides visual tracking for iron fly option structures designed for SPX 0-day-to-expiration (0DTE) intraday trading. It implements a two-phase position management system that adapts to different market conditions throughout the trading day. This is a visualization and tracking tool only. It does not execute trades, access real options data, or calculate actual profit and loss. All displayed positions are theoretical representations based on underlying price movement. Strategy Goal and Context The Core Objective: The strategy aims to have SPX price expire within your iron fly positions at end of day. When price expires inside a fly's profit zone (between the wings), that position captures maximum premium. The challenge is that price moves throughout the day, so static positioning rarely succeeds. The Solution: Active Management Rather than setting positions and hoping price cooperates, this approach continuously manages and repositions flies to keep price centered within your profit zones. As SPX drifts during the trading session, you add new flies at current price levels and close flies that price has moved away from. The Goal: Multiple Profitable Expirations By session end, you want as many flies as possible to have price expire within their center zones. This requires: Adding new flies as price moves away from existing positions Closing flies when price crosses beyond their optimal range Building layered coverage in the afternoon to increase probability of capture Adapting wing widths to time of day and volatility The Reality: Capital and Time Intensive This is not a passive strategy. Successful implementation requires: Substantial capital (each fly requires margin, multiple flies compound this) Active monitoring throughout trading sessions Quick decision-making as positions trigger Multiple position adjustments per session Disciplined adherence to management rules How This Indicator Helps: For backtesting: Use replay mode to study how positions would have managed on historical sessions Test different parameter combinations to find optimal settings Observe position behavior during various market conditions Understand timing and frequency of position adds and closes Validate whether your capital can support the required position count For live session support: Real-time visual tracking shows current position coverage Alerts notify you immediately when new positions should be added Position closure alerts help you manage exits promptly Reference strike tracking shows where you're measuring movement from History table provides audit trail of all position activity The indicator handles the complex tracking and rule application, allowing you to focus on execution and risk management. Key Use Cases 1. Replay Mode - Backtest and Study Use TradingView's replay feature to validate the strategy on historical sessions: Step through past SPX sessions bar-by-bar See exactly when positions would have opened and closed Count how many flies would have expired profitably Analyze different parameter settings on the same historical data Study position behavior during trending vs ranging conditions Calculate approximate capital requirements for your setup Refine your parameters before risking real capital 2. Live Session Alerts Set up real-time notifications for active trading sessions: Get alerted immediately when new positions trigger Receive notifications when positions close Alerts include strike level, wing width, and closure reason Works on mobile, desktop, email, or webhook Never miss a position signal during active trading Maintain awareness even when away from screens briefly 3. Fully Customizable Parameters Adapt every aspect to your risk tolerance and capital: Adjust trigger distances for more or fewer position adds Modify wing widths for different volatility environments Change session timing to match your trading schedule Set maximum concurrent positions to your capital limits Fine-tune spacing to match available strike increments Iron Fly Structure An iron fly is a neutral options strategy with four legs: - Short 1 ATM Call - Short 1 ATM Put - Long 1 OTM Call (upper wing protection) - Long 1 OTM Put (lower wing protection) The structure creates a defined risk zone. Maximum profit occurs when price expires at the center strike. Loss increases as price moves toward the wings (breakeven points). Maximum loss is defined and occurs beyond the wings. Expiration Goal: You want SPX to close inside the fly's wings. If SPX expires at the strike, you capture maximum premium. If SPX expires between the strike and either wing, you still profit (reduced). If SPX expires beyond the wings, you realize a loss (but it's defined and limited by the wings). Two-Phase Management System The indicator tracks positions across two distinct trading phases with different management rules: Phase 1: TWO_GLASS - Morning Session (Default 10am-1pm ET) Conservative positioning with active repositioning: - Trigger new positions when price moves 7.5 points from reference strike (configurable) - Maintain maximum 2 concurrent positions (configurable) - 10-point spacing between position strikes (configurable) - 40-point wing width (configurable) - Exit rule: When two positions are active and price crosses to one strike level, close the OTHER position This phase uses a "follow the price" approach. You're not trying to stack multiple positions yet - you're maintaining one or two flies centered on wherever price currently is. As price drifts, you add a new fly at the current level and close the old one when price moves too far away. Phase 2: THREE_GLASS - Afternoon Session (Default 1pm-4pm ET) Accumulation mode with layered coverage: - Trigger new positions every 2.5 points of price movement (configurable) - Maintain maximum 6 concurrent positions (configurable) - 5-point spacing between strikes (configurable) - 20-point wings early, reducing to 10 points after 3pm (configurable) - Exit rule: Positions only close when price reaches wing extremes This phase builds a stacked profit zone. Instead of swapping positions, you accumulate multiple flies as price moves. The goal is to have several flies active at expiration, creating a wider net to capture price. Tighter spacing and more frequent triggers create this layered coverage. Why Two Different Phases? Morning (Phase 1): Earlier in the day, price has more time to move substantially. Maintaining many concurrent positions is riskier because price could trend and hit multiple wings. The strategy uses selective positioning with wider wings and active replacement. Afternoon (Phase 2): Closer to expiration, price movements typically compress. Time for large moves decreases. The strategy shifts to accumulation, building a net of positions to increase probability that final expiration price falls within at least one (ideally several) of your flies. Tighter wings and more positions become appropriate. Exit Mechanisms Strike Cross Exit (Phase 1 Only) When two positions are active, if price moves to or beyond one position's strike level, the OTHER position closes. This keeps your coverage centered on current price action rather than maintaining positions price has moved away from. Example: Flies at 5900 and 5910 are open. Price moves to 5910. The fly at 5900 closes because price has moved to the 5910 level. You're now positioned at current price (5910) rather than maintaining coverage at old price (5900). Wing Extreme Exit (Both Phases) Any position closes immediately when price touches its upper or lower wing boundary. This represents the breakeven/maximum loss point, so the position is closed to prevent further deterioration. Dynamic Wing Adjustment Wing widths automatically adjust based on time of day: - Phase 1 (Morning): 40 points (customizable) - Phase 2 Early (1pm-3pm): 20 points (customizable) - Phase 2 Late (3pm-4pm): 10 points (customizable) This progressive tightening reflects decreasing price movement potential as expiration approaches. Wider wings earlier provide more protection when price could move substantially. Tighter wings later allow more precise positioning when price movements typically compress. All values are fully adjustable to match your risk parameters and observed market volatility. Customization Guide Every parameter can be modified to suit your trading style, risk tolerance, and capital: Session Timing - TWO_GLASS Start Hour: When Phase 1 begins (default: 10am ET) - THREE_GLASS Start Hour: When Phase 2 begins (default: 1pm ET) - Wing Width Change Hour: When wings tighten (default: 3pm ET) - Session End Hour: When tracking stops (default: 4pm ET) Phase 1 Parameters (Fully Adjustable) - Trigger Distance: How far price must move from reference strike to add new position (default: 7.5, range: 0.1+) - Fly Spacing: Distance between position strikes (default: 10, range: 1.0+) - Wing Width: Distance from strike to wings (default: 40, range: 5.0+) - Max Flies: Maximum concurrent positions (default: 2, range: 1-10) Phase 2 Early Parameters (Fully Adjustable) - Trigger Distance: Movement needed to add new position (default: 2.5, range: 0.1+) - Fly Spacing: Distance between strikes (default: 5, range: 1.0+) - Wing Width: Strike to wing distance (default: 20, range: 5.0+) - Max Flies: Maximum concurrent positions (default: 6, range: 1-20) Phase 2 Late Parameters - Wing Width: Reduced width after 3pm (default: 10, range: 5.0+) General Settings - Strike Rounding: Round strikes to nearest multiple (default: 5.0, range: 1.0+) - Bars Before Check: Bars to wait before allowing closure (default: 2, prevents premature exits) Display Options - Show History Table: Toggle detailed position log (default: on) - History Table Rows: Number of positions displayed (default: 15, range: 5-30) Alert Settings - Enable Alerts: Toggle notifications for opens/closes (default: on) How to Use For Backtesting in Replay Mode: Select a historical SPX trading session Apply indicator to 1-5 minute timeframe Configure your preferred parameters Activate TradingView's replay feature Play through the session (step-by-step or continuous) Observe when positions open (green boxes appear) Watch position closures (boxes turn gray) Count how many flies would have expired with price inside (green at session end) Note total number of position adds throughout session Calculate approximate capital needed (positions × margin per fly) Test different parameter combinations on same historical data Study position behavior during trending vs ranging sessions For Live Trading Sessions: Apply indicator to SPX on 1-5 minute timeframe Configure parameters based on your backtest results Create alerts for "Iron Fly Opened" and "Iron Fly Closed" Set alert frequency to "Once Per Bar Close" Choose notification method (popup, mobile app, email, webhook) Monitor the status table (top-right) for current session and reference strike Review history table (bottom-right) for position log with timestamps When alert triggers, use visual cues to manually place actual option orders Execute position adds and closes as indicated by the tracker Visual Interpretation: Green boxes = Active positions (theoretical profit zones) White lines (Phase 1) / Aqua lines (Phase 2) = Strike levels Red/Blue dotted lines = Wing boundaries (breakeven/risk limits) Gray boxes = Closed positions (historical reference) Current SPX price line = Shows where price is relative to positions Top-right table = Current session status, reference strike, open/closed counts Bottom-right table = Complete position history with open/close timestamps Alert System Details The indicator generates detailed alert messages for position management: Position Opened: - Strike level where fly should be placed - Wing width (±points from strike) - Session phase (Phase 1 or Phase 2) - Alert format example: "Iron Fly OPENED | Strike: 5900 | Wings: ±40 | Session: TWO_GLASS" Position Closed: - Strike level of fly being closed - Closure reason (strike cross, wing extreme, etc.) - Session phase - Alert format example: "Iron Fly CLOSED | Strike: 5900 | Reason: Price crossed to lower fly | Session: TWO_GLASS" Configure alerts once before market open, then receive automatic notifications as positions trigger throughout the trading session. Parameter Optimization Suggestions For Higher Volatility Environments: - Increase trigger distances (e.g., Phase 1: 10-15 points, Phase 2: 3-5 points) - Widen wing widths (e.g., Phase 1: 50-60 points, Phase 2: 25-30 points early, 15-20 late) - Increase strike spacing to reduce position frequency For Lower Volatility Environments: - Decrease trigger distances (e.g., Phase 1: 5-7 points, Phase 2: 1.5-2 points) - Tighten wing widths (e.g., Phase 1: 30-35 points, Phase 2: 15-18 points early, 8-10 late) - Reduce strike spacing for more granular coverage For Conservative Risk Management: - Reduce maximum concurrent positions (Phase 1: 1, Phase 2: 3-4) - Widen wing widths for more breathing room - Increase bars before check to avoid whipsaws - Use wider trigger distances to reduce position frequency For Aggressive Positioning: - Increase maximum concurrent positions (Phase 2: 8-10) - Tighten trigger distances for more frequent adds - Reduce bars before check for faster responses - Use tighter spacing to create denser coverage Capital Considerations: Remember that each fly requires margin. If Phase 2 allows 6 concurrent flies and each requires $10,000 margin, you need $60,000 in available capital just for position requirements, plus additional cushion for adverse movement. Use replay mode to count maximum concurrent positions that would have occurred on historical sessions with your parameters, then calculate total capital needed. Practical Application This tool provides visual guidance and management support. To implement the strategy: Backtest thoroughly in replay mode first Validate capital requirements for your parameter settings Confirm you can actively monitor positions during trading hours Use displayed positions as reference for manual order placement Match indicator parameters to your actual option contracts Account for real-world factors: commissions, slippage, bid-ask spreads, option availability Implement proper position sizing based on available capital Set up alerts before market open to catch all signals Execute actual trades manually in your brokerage platform Track actual results versus indicator expectations Important Limitations Theoretical tracking only - not an automated trading system No access to real option prices, Greeks, or implied volatility No profit/loss calculations or risk metrics Does not account for time decay (theta), delta, gamma, vega changes Assumes continuous price action - gaps or halts not handled Designed for 0DTE SPX options - not suitable for other timeframes or instruments Assumes option availability at all strike levels - may not reflect reality Does not model actual option bid/ask spreads or liquidity Assumes instant execution at desired strikes - slippage not considered Historical replay shows theoretical behavior only - actual market conditions may differ Does not adjust for changing implied volatility throughout session Position count and timing may not match what's executable in real markets Capital and Time Requirements This strategy is resource-intensive: Capital Requirements: Each iron fly requires margin (varies by broker and strike width) Multiple concurrent positions multiply capital needs Example: 6 flies at $10,000 each = $60,000 minimum Additional cushion needed for adverse movement Pattern Day Trader rules may apply (requires $25,000 minimum) Time Requirements: Active monitoring during trading hours (typically 10am-4pm ET) Quick response to position add/close signals Multiple position adjustments per session possible Cannot be passive or set-and-forget Requires ability to place orders promptly when alerted Use replay mode to understand the commitment level before attempting live implementation. Risk Considerations Iron fly trading involves substantial risk. This indicator provides visualization and management support only - it does not constitute financial advice or trading recommendations. Options trading can result in total loss of capital. The indicator's theoretical positions do not reflect actual trading results. Backtest analysis and historical visualization do not guarantee similar future outcomes. Multiple concurrent positions multiply both profit potential and loss risk. Always conduct independent research, understand all risks, validate capital requirements, and never trade with funds you cannot afford to lose. Consider starting with paper trading to validate execution capability before risking real capital. Technical Notes The indicator uses price-based triggers only. It does not: Connect to options data feeds Calculate theoretical option values or Greeks Execute trades automatically Provide specific trading signals or recommendations Account for option-specific factors (implied volatility, time decay, bid/ask spreads) All displayed information represents theoretical position placement based solely on underlying SPX price movement and user-configured parameters. The tool helps visualize the management framework but requires the trader to handle all actual execution and risk management decisions. This is an educational and analytical tool for understanding iron fly position management concepts. It requires active interpretation, backtesting validation, and manual implementation by the user.
Indicateur Pine Script®
par luiscaballero