OPEN-SOURCE SCRIPT
TLADe GEX Dashboard - ES/SPX/SPY Gamma Exposure Levels
A professional framework for Gamma Exposure analysis on S&P 500 instruments.
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WHAT THIS INDICATOR DOES
This indicator visualizes key strategic levels derived from Gamma Exposure (GEX) analysis — the zones where dealer hedging flows create measurable support and resistance.
What you see:
- Call Walls — resistance zones where dealers hedge against upside
- Put Walls — support zones where dealers hedge against downside
- Zero Gamma — the structural pivot between mean-reversion and trend
- Expected Move bands — statistical range boundaries
- GEX Histogram — gamma distribution profile directly on chart
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KEY FEATURES
▸ Ticker Switcher
Select ES, SPX, or SPY directly in settings.
Data converts automatically. One script, three instruments.
▸ GEX Profile Histogram
See gamma distribution as horizontal bars on your chart.
Instantly spot where positioning clusters.
▸ Color Themes
Choose between Boreal, Classic, or Lady Trader palettes.
▸ Level Toggles
Show/hide level groups independently:
GEX Levels | System Levels | Structure Levels
▸ Rich Tooltips
Hover for details: GEX values, Call/Put ratio, Hold/Break probabilities.
▸ Flip Detection
When price crosses a level, it automatically updates role and style (solid → dashed).
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HOW TO READ THE LEVELS
Each line represents a zone where price reaction is statistically probable:
- Thick solid lines = level not yet crossed
- Dashed lines = level flipped (price crossed through)
- Cyan/Teal or Green = potential support (Put Walls)
- Pink/Red = potential resistance (Call Walls)
- Gray = structural levels (Zero Gamma, Vol Bands, PDH/PDL)
The indicator shows structure, not predictions.
Use it to identify where the market is likely to react — not which direction it will go.
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PRO TIP: CONFLUENCE
This tool is most powerful when combined with your own analysis.
Highest-probability setups occur when GEX levels align with:
One level alone is information. Confluence is edge.
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ABOUT THE DATA
The levels shown use a static snapshot for demonstration.
For current session data, export fresh scripts from the TLADe terminal at tradelikeadealer.com
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DISCLAIMER
This tool is for informational and educational purposes only.
It does not constitute financial advice. Trading involves significant risk.
Past structure does not guarantee future behavior.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT THIS INDICATOR DOES
This indicator visualizes key strategic levels derived from Gamma Exposure (GEX) analysis — the zones where dealer hedging flows create measurable support and resistance.
What you see:
- Call Walls — resistance zones where dealers hedge against upside
- Put Walls — support zones where dealers hedge against downside
- Zero Gamma — the structural pivot between mean-reversion and trend
- Expected Move bands — statistical range boundaries
- GEX Histogram — gamma distribution profile directly on chart
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
KEY FEATURES
▸ Ticker Switcher
Select ES, SPX, or SPY directly in settings.
Data converts automatically. One script, three instruments.
▸ GEX Profile Histogram
See gamma distribution as horizontal bars on your chart.
Instantly spot where positioning clusters.
▸ Color Themes
Choose between Boreal, Classic, or Lady Trader palettes.
▸ Level Toggles
Show/hide level groups independently:
GEX Levels | System Levels | Structure Levels
▸ Rich Tooltips
Hover for details: GEX values, Call/Put ratio, Hold/Break probabilities.
▸ Flip Detection
When price crosses a level, it automatically updates role and style (solid → dashed).
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW TO READ THE LEVELS
Each line represents a zone where price reaction is statistically probable:
- Thick solid lines = level not yet crossed
- Dashed lines = level flipped (price crossed through)
- Cyan/Teal or Green = potential support (Put Walls)
- Pink/Red = potential resistance (Call Walls)
- Gray = structural levels (Zero Gamma, Vol Bands, PDH/PDL)
The indicator shows structure, not predictions.
Use it to identify where the market is likely to react — not which direction it will go.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
PRO TIP: CONFLUENCE
This tool is most powerful when combined with your own analysis.
Highest-probability setups occur when GEX levels align with:
- Price action zones (support/resistance, order blocks)
- Volume Profile (HVN/LVN, VWAP)
- Technical structure (prior highs/lows, trend lines)
One level alone is information. Confluence is edge.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
ABOUT THE DATA
The levels shown use a static snapshot for demonstration.
For current session data, export fresh scripts from the TLADe terminal at tradelikeadealer.com
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
DISCLAIMER
This tool is for informational and educational purposes only.
It does not constitute financial advice. Trading involves significant risk.
Past structure does not guarantee future behavior.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.