INVITE-ONLY SCRIPT
IV Crush Signal Dashboard (India Optimized) Xbos.in
A specialized options market tool designed to spot sharp post-event implied volatility (IV) drops—commonly seen after earnings or expiry—across NIFTY, BANKNIFTY, and SENSEX. It combines IV, option price, vega, theta, volume, and open interest metrics to produce a confidence score (0–100), classifying signals as IV Crush, Setup, or Neutral. India-optimized with precise expiry detection and IST timing, the dashboard is fully customizable, offering trend bias analysis, visual chart markers, and real-time alerts. Built-in OI analysis and historical signal tracking help traders validate opportunities and adapt strategies effectively.Identifies sharp Implied Volatility (IV) drops post-events (e.g., earnings, option expiries) for NIFTY, BANKNIFTY, and SENSEX, using metrics like IV drop, option price drop, vega, theta, volume spikes, and open interest (OI) changes.
India-Specific Optimization: Supports Indian market conventions with accurate weekly (Thursdays for NIFTY/BANKNIFTY, Tuesdays for SENSEX) and monthly expiry detection, plus IST (UTC+5:30) timezone handling for precise signal timing.
Confidence Score: Calculates a weighted score (0–100) based on IV drop, option price drop, price movement, volume spikes, OI drop, vega, theta, and expiry timing, categorizing signals as IV Crush (≥70), Setup (40–69), or Neutral (<40).
Customizable Dashboard: Displays key metrics (asset, timeframe, signal type, confidence, trend bias, IV drop, option price drop, vega, theta, volume spike, OI drop) with user-toggled columns and compact mode for streamlined viewing.
Trend Bias Analysis: Determines market direction (Bullish, Bearish, Sideways) using EMA, RSI, MACD, ADX, and option price trends to align trades with market context.
Visual Signals: Plots red triangle-up for IV Crush and yellow triangle-down for Setup signals on the chart for quick identification.
Alert Integration: Configurable alerts for IV Crush and Setup signals, including ticker, input price, and confidence score, for real-time trading notifications.
Flexible Inputs: Customizable parameters like strike price (ATM or user-defined), lookback period, risk-free rate, dividend yield, expiry hour, IV mode (Call/Put), and thresholds for IV drop, option price drop, vega, theta, price move, volume spike, and OI drop.
Open Interest Analysis: Detects significant OI drops using real or simulated data, enhancing IV Crush signal reliability.
Signal Tracking: Counts IV Crush and Setup signals for historical context, aiding traders in assessing signal frequency and reliability.
India-Specific Optimization: Supports Indian market conventions with accurate weekly (Thursdays for NIFTY/BANKNIFTY, Tuesdays for SENSEX) and monthly expiry detection, plus IST (UTC+5:30) timezone handling for precise signal timing.
Confidence Score: Calculates a weighted score (0–100) based on IV drop, option price drop, price movement, volume spikes, OI drop, vega, theta, and expiry timing, categorizing signals as IV Crush (≥70), Setup (40–69), or Neutral (<40).
Customizable Dashboard: Displays key metrics (asset, timeframe, signal type, confidence, trend bias, IV drop, option price drop, vega, theta, volume spike, OI drop) with user-toggled columns and compact mode for streamlined viewing.
Trend Bias Analysis: Determines market direction (Bullish, Bearish, Sideways) using EMA, RSI, MACD, ADX, and option price trends to align trades with market context.
Visual Signals: Plots red triangle-up for IV Crush and yellow triangle-down for Setup signals on the chart for quick identification.
Alert Integration: Configurable alerts for IV Crush and Setup signals, including ticker, input price, and confidence score, for real-time trading notifications.
Flexible Inputs: Customizable parameters like strike price (ATM or user-defined), lookback period, risk-free rate, dividend yield, expiry hour, IV mode (Call/Put), and thresholds for IV drop, option price drop, vega, theta, price move, volume spike, and OI drop.
Open Interest Analysis: Detects significant OI drops using real or simulated data, enhancing IV Crush signal reliability.
Signal Tracking: Counts IV Crush and Setup signals for historical context, aiding traders in assessing signal frequency and reliability.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact xbos directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Optimized for Indian markets, this tool helps option traders spot post-event IV drops with precision, using real-time metrics and customizable alerts for NIFTY, BANKNIFTY, and SENSEX., stocks,
Powered by XBOS – Technical setups made simple 📈 | xbos.in
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact xbos directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Optimized for Indian markets, this tool helps option traders spot post-event IV drops with precision, using real-time metrics and customizable alerts for NIFTY, BANKNIFTY, and SENSEX., stocks,
Powered by XBOS – Technical setups made simple 📈 | xbos.in
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.