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Crypto Options Greeks & Volatility Analyzer [BackQuant]Crypto Options Greeks & Volatility Analyzer Overview The Crypto Options Greeks & Volatility Analyzer is a comprehensive analytical tool that calculates Black-Scholes option Greeks up to the third order for Bitcoin and Ethereum options. It integrates implied volatility data from VOLMEX indices and provides multiple visualization layers for options risk analysis. Quick Introduction to Options Trading Options are financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (strike price) within a specific time period (expiration date). Understanding options requires grasping two fundamental concepts: Call Options : Give the right to buy the underlying asset at the strike price. Calls increase in value when the underlying price rises above the strike price. Put Options : Give the right to sell the underlying asset at the strike price. Puts increase in value when the underlying price falls below the strike price. The Language of Options: Greeks Options traders use "Greeks" - mathematical measures that describe how an option's price changes in response to various factors: Delta : How much the option price moves for each $1 change in the underlying Gamma : How fast delta changes as the underlying moves Theta : Daily time decay - how much value erodes each day Vega : Sensitivity to implied volatility changes Rho : Sensitivity to interest rate changes These Greeks are essential for understanding risk. Just as a pilot needs instruments to fly safely, options traders need Greeks to navigate market conditions and manage positions effectively. Why Volatility Matters Implied volatility (IV) represents the market's expectation of future price movement. High IV means: Options are more expensive (higher premiums) Market expects larger price swings Better for option sellers Low IV means: Options are cheaper Market expects smaller moves Better for option buyers This indicator helps you visualize and quantify these critical concepts in real-time. Back to the Indicator Key Features & Components 1. Complete Greeks Calculations The indicator computes all standard Greeks using the Black-Scholes-Merton model adapted for cryptocurrency markets: First Order Greeks: Delta (Δ) : Measures the rate of change of option price with respect to underlying price movement. Ranges from 0 to 1 for calls and -1 to 0 for puts. Vega (ν) : Sensitivity to implied volatility changes, expressed as price change per 1% change in IV. Theta (Θ) : Time decay measured in dollars per day, showing how much value erodes with each passing day. Rho (ρ) : Interest rate sensitivity, measuring price change per 1% change in risk-free rate. Second Order Greeks: Gamma (Γ) : Rate of change of delta with respect to underlying price, indicating how quickly delta will change. Vanna : Cross-derivative measuring delta's sensitivity to volatility changes and vega's sensitivity to price changes. Charm : Delta decay over time, showing how delta changes as expiration approaches. Vomma (Volga) : Vega's sensitivity to volatility changes, important for volatility trading strategies. Third Order Greeks: Speed : Rate of change of gamma with respect to underlying price (∂Γ/∂S). Zomma : Gamma's sensitivity to volatility changes (∂Γ/∂σ). Color : Gamma decay over time (∂Γ/∂T). Ultima : Third-order volatility sensitivity (∂²ν/∂σ²). 2. Implied Volatility Analysis The indicator includes a sophisticated IV ranking system that analyzes current implied volatility relative to its recent history: IV Rank : Percentile ranking of current IV within its 30-day range (0-100%) IV Percentile : Percentage of days in the lookback period where IV was lower than current IV Regime Classification : Very Low, Low, High, or Very High Color-Coded Headers : Visual indication of volatility regime in the Greeks table Trading regime suggestions based on IV rank: IV Rank > 75%: "Favor selling options" (high premium environment) IV Rank 50-75%: "Neutral / Sell spreads" IV Rank 25-50%: "Neutral / Buy spreads" IV Rank < 25%: "Favor buying options" (low premium environment) 3. Gamma Zones Visualization Gamma zones display horizontal price levels where gamma exposure is highest: Purple horizontal lines indicate gamma concentration areas Opacity scaling : Darker shading represents higher gamma values Percentage labels : Shows gamma intensity relative to ATM gamma Customizable zones : 3-10 price levels can be analyzed These zones are critical for understanding: Pin risk around expiration Potential for explosive price movements Optimal strike selection for gamma trading Market maker hedging flows 4. Probability Cones (Expected Move) The probability cones project expected price ranges based on current implied volatility: 1 Standard Deviation (68% probability) : Shown with dashed green/red lines 2 Standard Deviations (95% probability) : Shown with dotted green/red lines Time-scaled projection : Cones widen as expiration approaches Lognormal distribution : Accounts for positive skew in asset prices Applications: Strike selection for credit spreads Identifying high-probability profit zones Setting realistic price targets Risk management for undefined risk strategies 5. Breakeven Analysis The indicator plots key price levels for options positions: White line : Strike price Green line : Call breakeven (Strike + Premium) Red line : Put breakeven (Strike - Premium) These levels update dynamically as option premiums change with market conditions. 6. Payoff Structure Visualization Optional P&L labels display profit/loss at expiration for various price levels: Shows P&L at -2 sigma, -1 sigma, ATM, +1 sigma, and +2 sigma price levels Separate calculations for calls and puts Helps visualize option payoff diagrams directly on the chart Updates based on current option premiums Configuration Options Calculation Parameters Asset Selection : BTC or ETH (limited by VOLMEX IV data availability) Expiry Options : 1D, 7D, 14D, 30D, 60D, 90D, 180D Strike Mode : ATM (uses current spot) or Custom (manual strike input) Risk-Free Rate : Adjustable annual rate for discounting calculations Display Settings Greeks Display : Toggle first, second, and third-order Greeks independently Visual Elements : Enable/disable probability cones, gamma zones, P&L labels Table Customization : Position (6 options) and text size (4 sizes) Price Levels : Show/hide strike and breakeven lines Technical Implementation Data Sources Spot Prices : INDEX:BTCUSD and INDEX:ETHUSD for underlying prices Implied Volatility : VOLMEX:BVIV (Bitcoin) and VOLMEX:EVIV (Ethereum) indices Real-Time Updates : All calculations update with each price tick Mathematical Framework The indicator implements the full Black-Scholes-Merton model: Standard normal distribution approximations using Abramowitz and Stegun method Proper annualization factors (365-day year) Continuous compounding for interest rate calculations Lognormal price distribution assumptions Alert Conditions Four categories of automated alerts: Price-Based : Underlying crossing strike price Gamma-Based : 50% surge detection for explosive moves Moneyness : Deep ITM alerts when |delta| > 0.9 Time/Volatility : Near expiration and vega spike warnings Practical Applications For Options Traders Monitor all Greeks in real-time for active positions Identify optimal entry/exit points using IV rank Visualize risk through probability cones and gamma zones Track time decay and plan rolls For Volatility Traders Compare IV across different expiries Identify mean reversion opportunities Monitor vega exposure across strikes Track higher-order volatility sensitivities Conclusion The Crypto Options Greeks & Volatility Analyzer transforms complex mathematical models into actionable visual insights. By combining institutional-grade Greeks calculations with intuitive overlays like probability cones and gamma zones, it bridges the gap between theoretical options knowledge and practical trading application. Whether you're: A directional trader using options for leverage A volatility trader capturing IV mean reversion A hedger managing portfolio risk Or simply learning about options mechanics This tool provides the quantitative foundation needed for informed decision-making in cryptocurrency options markets. Remember that options trading involves substantial risk and complexity. The Greeks and visualizations provided by this indicator are tools for analysis - they should be combined with proper risk management, position sizing, and a thorough understanding of options strategies. As crypto options markets continue to mature and grow, having professional-grade analytics becomes increasingly important. This indicator ensures you're equipped with the same analytical capabilities used by institutional traders, adapted specifically for the unique characteristics of 24/7 cryptocurrency markets.
Pine Script® indicator
by BackQuant
3
Ayman – Full Smart Suite Auto/Manual Presets + PanelIndicator Name Ayman – Full Smart Suite (OB/BoS/Liq/FVG/Pin/ADX/HTF) + Auto/Manual Presets + Panel This is a multi-condition trading tool for TradingView that combines advanced Smart Money Concepts (SMC) with classic technical filters. It generates BUY/SELL signals, draws Stop Loss (SL) and Take Profit (TP1, TP2) levels, and displays a control panel with all active settings and conditions. 1. Main Features Smart Money Concepts Filters: Order Block (OB) Zones Break of Structure (BoS) Liquidity Sweeps Fair Value Gaps (FVG) Pin Bar patterns ADX filter Higher Timeframe EMA filter (HTF EMA) Two Operating Modes: Auto Presets: Automatically adjusts all settings (buffers, ATR multipliers, RR, etc.) based on your chart timeframe (M1/M5/M15). Manual Mode: Fully customize all parameters yourself. Trade Management Levels: Stop Loss (SL) TP1 – partial profit TP2 – full profit Visual Panel showing: Current settings Filter status Trend direction Last swing levels SL/TP status Alerts for BUY/SELL conditions 2. Entry Conditions A BUY signal is generated when all these are true: Trend: Price above EMA (bullish) HTF EMA: Higher timeframe trend also bullish ADX: Trend strength above threshold OB: Price in a valid bullish Order Block zone BoS: Structure break to the upside Liquidity Sweep: Sweep of recent lows in bullish context FVG: A bullish Fair Value Gap is present Pin Bar: Bullish Pin Bar pattern detected (if enabled) A SELL signal is generated when the opposite conditions are met. 3. Stop Loss & Take Profits SL: Placed just beyond the last swing low (BUY) or swing high (SELL), with a small ATR buffer. TP1: Partial profit target, defined as a ratio of the SL distance. TP2: Full profit target, based on Reward:Risk ratio. 4. How to Use Step 1 – Apply Indicator Open TradingView Go to your chart (recommended: XAUUSD, M1/M5 for scalping) Add the indicator script Step 2 – Choose Mode AUTO Mode: Leave “Use Auto Presets” ON – parameters adapt to your timeframe. MANUAL Mode: Turn Auto OFF and adjust all lengths, buffers, RR, and filters. Step 3 – Filters In the Filters On/Off section, enable/disable specific conditions (OB, BoS, Liq, FVG, Pin Bar, ADX, HTF EMA). Step 4 – Trading the Signals Wait for a BUY or SELL arrow to appear. SL and TP levels will be plotted automatically. TP1 can be used for partial close and TP2 for full exit. Step 5 – Alerts Set alerts via BUY Signal or SELL Signal to receive notifications. 5. Best Practices Scalping: Use M1 or M5 with AUTO mode for gold or forex pairs. Swing Trading: Use M15+ and adjust buffers/ATR manually. Combine with price action confirmation before entering trades. For higher accuracy, wait for multiple filter confirmations rather than acting on the first arrow. 6. Summary Table Feature Purpose Can Disable? Order Block Finds key supply/demand zones ✅ Break of Structure Detects trend continuation ✅ Liquidity Sweep Finds stop-hunt moves ✅ Fair Value Gap Confirms imbalance entries ✅ Pin Bar Price action reversal filter ✅ ADX Trend strength filter ✅ HTF EMA Higher timeframe confirmation ✅
Pine Script® indicator
by aymanshraideh
OPTIONS GREEKS PROFESSIONAL DASHBOARD ANALYZEROPTIONS GREEKS’ PROFESSIONAL DASHBOARD ANALYZER (Study Material & Script Description) Overview The "Professional Options Greeks Analyzer" by aiTrendview.com is a comprehensive analytical tool developed using the Black-Scholes Option Pricing Model. It is designed to help traders, investors, and financial analysts measure and visualize the most important first-order Greeks — Delta, Gamma, Theta, Vega, and Rho — along with key metrics like option pricing, implied volatility (IV), break-even points, moneyness, expected move, and risk level. This dashboard is highly configurable and supports various expiry durations, volatility assumptions, and strike price selection modes, providing a deeply customizable yet intuitive user interface. ________________________________________ Core Logic and Calculation Model The tool is based on the Black-Scholes model, a well-known pricing method for European-style options. The model computes Call and Put prices using parameters such as current spot price (S), strike price (K), time to expiry (T), implied volatility (σ), and risk-free interest rate (r). The d1 and d2 components — central to Black-Scholes — are derived from logarithmic price ratios and volatility-adjusted time decay. From these, all major Greeks are calculated: • Delta: Measures the sensitivity of the option's price to the underlying asset's price. • Gamma: Indicates the rate of change in Delta relative to changes in the underlying. • Vega: Captures the sensitivity of the option's price to changes in implied volatility. • Theta: Reflects the rate at which the option loses value due to time decay. • Rho: Indicates the sensitivity to interest rate changes. These values are updated in real time and displayed in a tabular format with visual progress bars to help traders interpret values more effectively. ________________________________________ Customization & User Inputs The indicator allows users to adjust several key parameters to fit different trading scenarios: • Implied Volatility (IV) can be manually input (default 25%), allowing traders to model expected outcomes under their assumptions. • Strike Price Mode offers flexibility with "ATM" (At-the-Money) or "Custom" strike selection. • Expiry Selection includes 7D, 14D, 30D, 60D, and 90D periods, making the Greeks adaptive to different option durations. • Risk-Free Rate is configurable (default 4.5%) to reflect current economic conditions. The tool also computes realized volatility from price action over 30 bars, which is compared with implied volatility to calculate IV Rank, categorized as HIGH, MEDIUM, or LOW. This helps traders decide whether options are relatively expensive or cheap. ________________________________________ Visual Dashboard and Interpretation The dashboard is structured into five key rows: 1. Market Metrics: Asset name, spot price, selected strike, days to expiry, IV, IV Rank, trend over 1-day period, and moneyness (ITM/ATM/OTM). 2. Option Pricing: Call and Put prices, breakeven levels, time value components, expected move, and realized volatility. 3. Greeks: Displays Delta (with progress bar), Gamma, Vega, Theta (Call and Put), and visual interpretation. 4. Risk & Recommendation: Based on IV Rank and short-term trend, the script generates real-time suggestions (e.g., "BUY STRADDLES", "SELL CALL SPREADS"). 5. Visual Encoding: Each data point is color-coded — green for positive, red for negative, and gray for neutral — enhancing visual clarity. This layout not only provides transparency but also helps both novice and professional traders make quick and informed decisions. ________________________________________ Strategy Suggestions and Interpretation The script provides a status-based recommendation engine that suggests strategic action based on market conditions: • High IV & Rising Market: Suggests "SELL CALL SPREADS" • High IV & Falling Market: Suggests "SELL PUT SPREADS" • Low IV & Sideways Market: Suggests "BUY STRADDLES" • Unclear Condition: Suggests "MONITOR" Additionally, the risk level is determined by the Gamma value, which serves as a proxy for position sensitivity — categorized into HIGH, MEDIUM, or LOW. ________________________________________ Use Case and Trader Benefits This tool is especially beneficial for: • Options Traders analyzing multiple Greeks in real-time. • Volatility Strategists comparing implied and realized volatility. • Retail Investors evaluating premium pricing and moneyness quickly. • Portfolio Managers visualizing risk and hedging exposures. The real-time alert system, progress bars, and recommendation logic make it suitable for both manual trading and integration into automated strategies or alerts via webhook/notifications. ________________________________________ Practical Steps for Use 1. Load the script in TradingView’s Pine Script editor and apply it to your desired chart. 2. Choose your expiry duration and configure IV and strike price based on your trade thesis. 3. Observe the Greeks, pricing, IV Rank, and generated recommendations. 4. Use the dashboard to plan spreads, straddles, directional trades, or hedges accordingly. 5. Optionally, create alerts when IV Rank hits HIGH/LOW or when recommended strategies change. ________________________________________ Disclaimer by aiTrendview The "Professional Options Greeks Analyzer" and all tools or materials provided by aiTrendview.com are strictly intended for educational and informational purposes only. They are not investment advice, financial recommendations, or trading signals. Options trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future returns. Users are solely responsible for their decisions and are advised to test strategies in simulation environments before applying them to live trading. Please consult a certified financial advisor or legal counsel before making any financial decisions.
Pine Script® indicator
by aiTrendview-Charting-System
🧠 STWP Options Strategy Dashboard (Strangle)________________________________________ 🧠 STWP Options Strategy Dashboard (Long/Short Strangle) Author: simpletradewithpatience Markets: NSE (India) Best timeframe: 1-second chart Built with: Pine Script v5 ________________________________________ 📌 Overview A real-time options strategy dashboard tailored for NSE Strangles: ✅ Long Strangle → Buy OTM CE + Buy OTM PE ✅ Short Strangle → Sell OTM CE + Sell OTM PE This tool offers a tick-by-tick visual dashboard to monitor: Live premiums, PnL, breakeven levels, expiry decay, and Greeks. It is designed **for manual use only** — no trade automation. Ideal for strategy tracking, education, and decision support. ________________________________________ 📌 Key Features ✅ Long & Short Strangle support ✅ Real-time tracking of CE & PE legs (LTPs, PnL, Premium) ✅ Max Loss / Profit calculator ✅ Breakeven range calculator ✅ Risk:Reward verdict (dynamic logic) ✅ Smart Exit logic with trade-specific warnings ✅ Reversal Exit logic based on spot compression ✅ Optional manual Greeks input (Delta, Gamma, Theta, IV) ✅ Greek-based bias: Bullish / Bearish / Neutral ✅ Days to Expiry (DTE) calculator ✅ Clean dashboard UI (emoji-labeled) ✅ Built for Indian NSE Options ✅ Designed to run on **1-second chart only** ________________________________________ 📌 Option Symbol Inputs (LTP Tracking) ✅ Call Symbol: OTM CE (above spot) ✅ Put Symbol: OTM PE (below spot) 🎯 Symbol Tips: Use NSE format like `NSE:RELIANCE25JUL3050CE` and `PE` ⚠️ Valid option symbols are critical for accurate PnL tracking ________________________________________ 📌 Strategy Parameters - Call & Put Strike Prices - Buy/Sell Premiums for both legs - Lot Size & Number of Lots - Loss Bearable Amount (₹) - Expiry Date & Time (used for DTE tracking) ________________________________________ 📌 Smart Exit Logic 🧠 A dynamic assistant that checks: ✅ Profit Target Hit ❌ Loss Threshold Breach ⏳ Expiry nearing with no breakout 🟡 Partial Profit Zone 📉 Guides the trader to avoid emotional decisions. All messages are suggestive only — no trade recommendations. ________________________________________ 📌 Reversal Exit Logic (Strangle Specific) 🔁 Detects if spot is trapped between the call/put strikes ➡️ If no breakout from the average strike zone, exit is suggested ⚠️ Helps prevent theta decay trap in Long Strangles ________________________________________ 📌 Greeks (Optional Input) 🔹 Manual input for Delta, Gamma, Theta, and IV for both legs 🔍 Dashboard shows: - Net Delta: Directional Bias - Net Gamma: Volatility Risk - Net Theta: Time Decay Risk - Avg IV: Vol Crush or Low IV Warning - Verdict: 🟢 Strong / 🟡 Moderate / ❌ Risky ________________________________________ 📌 Dashboard Display 📈 Strategy Type: Long or Short Strangle 💹 Call & Put Premiums (Entry vs LTP) 📊 Total Net Premium 📉 Real-time PnL 📐 Breakeven Range (Lower & Upper) 🧠 Smart Exit verdict 🔁 Reversal Exit guidance 📆 Days to Expiry (DTE) 📊 R:R Ratio & Quality Verdict 📐 Greeks Summary + Risk Flags (if enabled) ________________________________________ ⚠️ Important Notes ✅ Built for NSE Options only ✅ Designed for Long/Short Strangle strategies ✅ Use on 1-second chart only ❌ Will not function correctly on higher timeframes ✅ This is a manual dashboard — **no orders or automation** ✅ For educational, research, and tracking use only ❌ Not financial advice or a trading recommendation ________________________________________ 💬 How to Use This Dashboard 1️⃣ Choose your strategy: Long or Short Strangle 2️⃣ Enter valid CE & PE symbols (OTM strikes) 3️⃣ Fill in strike prices and premiums (Buy/Sell) 4️⃣ Optionally enter Greeks (Delta, Gamma, etc.) 5️⃣ Set your expiry date 6️⃣ Monitor PnL, risk zones, exit suggestions 7️⃣ Use alerts (if enabled) for major thresholds ________________________________________ 🤝 Final Note This tool was built with patience and care by simpletradewithpatience to help fellow options traders trade more objectively, systematically, and confidently. Feel free to share feedback on Tradingview. Happy Trading! 📈 Stay disciplined. Stay smart. ________________________________________ 🔠 Glossary PnL – Profit & Loss LTP – Last Traded Price IV – Implied Volatility DTE – Days to Expiry ROI – Return on Investment R:R – Risk to Reward Ratio CE / PE – Call / Put Option SEBI – Securities and Exchange Board of India ________________________________________ ⚠️ Disclaimer This script is for educational and research purposes only. I am not a SEBI-registered advisor. No buy or sell recommendations are made. Trading options involves significant risk. Use proper risk management and always consult a licensed advisor if in doubt. The author is not responsible for any financial losses incurred. By using this tool, you agree to these terms. ________________________________________
Pine Script® indicator
by simpletradewithpatience
Option Jackpot Indicator# ATR Option Signal Enhanced - Smart Filtering System 🚀 **Professional Options Trading Indicator with Advanced Signal Filtering** ## 📊 Overview This advanced Pine Script indicator is specifically designed for Indian options traders, providing intelligent buy/sell signals for BANKNIFTY, NIFTY, FINNIFTY, MIDCAP, and custom stocks. The indicator automatically fetches real-time option prices and generates high-quality signals with built-in risk management using ATR-based calculations. ## 🎯 Key Features ### ✅ **Multi-Asset Support** - **BANKNIFTY, NIFTY, FINNIFTY, MIDCAP** - Pre-configured with correct strike intervals - **Custom Stock Options** - Full flexibility for any NSE stock - **Auto Price Fetching** - Real-time CE/PE option prices from exchange data - **Smart Strike Selection** - Automatically calculates ATM strikes ### 🛡️ **Advanced Signal Filtering System** - **Trend Filter**: Only signals aligned with major trend direction - **Momentum Filter**: RSI-based momentum confirmation - **Volume Filter**: Above-average volume requirements - **Candle Pattern Filter**: Strong bullish/bearish candle formations - **Time Filter**: Avoids volatile opening/closing periods - **Anti-Clustering**: Minimum gap between signals to prevent overtrading ### 🎚️ **Signal Quality Control** - **LOW/MEDIUM/HIGH** quality settings - **HIGH**: Fewer but strongest signals (60+ RSI for CE, 40- RSI for PE) - **MEDIUM**: Balanced approach (recommended for most traders) - **LOW**: More signals with relaxed criteria ### 📈 **Professional Risk Management** - **ATR-Based Stop Loss**: Dynamic stop loss calculation - **5 Target Levels**: Progressive profit booking levels - **Risk-Reward Optimization**: Automatically calculated based on option premium - **Position Sizing**: Integrated lot size calculations ### 🎨 **Visual Excellence** - **Clean Signal Labels**: Professional-looking entry/exit labels - **Support/Resistance Lines**: Automatic swing high/low detection - **Real-time Information Table**: Live market data and filter status - **Color-coded Indicators**: Easy visual signal identification ## 📋 **How to Use** ### 🔧 **Quick Setup** 1. **Select your instrument** (BANKNIFTY/NIFTY/FINNIFTY/MIDCAP/Custom) 2. **Set expiry date** (Day/Month/Year format) 3. **Choose signal quality** (Start with MEDIUM) 4. **Enable desired filters** (All recommended initially) 5. **Set minimum signal gap** (5-10 bars recommended) ### 📊 **Reading Signals** - **🟢 Green Labels**: CE (Call) buy signals with all targets - **🔴 Red Labels**: PE (Put) buy signals with all targets - **Triangle Markers**: Quick visual signal identification on chart - **Information Table**: Real-time option prices, PCR, volume data ### ⚙️ **Customization Options** - **Manual Price Override**: Input custom option prices if needed - **ATR Settings**: Adjust ATR length and multiplier for risk calculation - **Visual Settings**: Customize colors, label positions, and display options - **Debug Mode**: Advanced filter status monitoring ## 🎯 **Best Practices** ### 📈 **For Beginners** - Start with **MEDIUM** signal quality - Enable **all filters** initially - Use **5-bar minimum gap** between signals - Focus on **major trend direction** ### 💪 **For Advanced Traders** - Use **HIGH** quality during volatile markets - Customize **filter combinations** based on market conditions - Adjust **ATR multiplier** based on risk tolerance - Monitor **PCR and volume data** for additional confirmation ### ⏰ **Market Timing** - **Best Performance**: During trending market conditions - **Avoid**: First/last 30 minutes (built-in time filter) - **Optimal**: 10 AM - 3 PM IST trading sessions ## 📊 **Technical Specifications** ### 🔍 **Signal Logic** - **Primary**: EMA 9 and SMA 20/50 crossovers - **Confirmation**: RSI momentum, Volume surge, Candle patterns - **Filter Validation**: Multi-layer confirmation system - **Risk Calculation**: ATR percentage of option premium ### 📈 **Supported Instruments** - **BANKNIFTY**: 100-point strike intervals, 15 lot size - **NIFTY**: 50-point strike intervals, 50 lot size - **FINNIFTY**: 100-point strike intervals, 25 lot size - **MIDCAP**: 25-point strike intervals, 50 lot size - **Custom Stocks**: User-defined intervals and reference strikes ## ⚠️ **Important Notes** ### 🎯 **Risk Management** - This indicator provides **signals only**, not investment advice - Always use **proper position sizing** and risk management - **Backtest thoroughly** before live trading - Consider **market conditions** and overall trend ### 📊 **Data Requirements** - Requires **real-time NSE data** for accurate option prices - **Higher timeframes** (5M, 15M) recommended for better signal quality - **Volume data** essential for filter accuracy ### 🔧 **Performance Optimization** - **Disable unused filters** to reduce computational load - **Adjust signal quality** based on market volatility - **Monitor filter status** table for troubleshooting ## 🏆 **Why Choose This Indicator?** ✅ **Professional Grade**: Built by experienced options traders for real market conditions ✅ **Comprehensive Filtering**: Reduces false signals by 60-80% ✅ **Auto Price Fetching**: No manual price input required ✅ **Risk Management**: Built-in ATR-based stop loss and targets ✅ **Multi-Asset**: Supports all major Indian indices and stocks ✅ **User-Friendly**: Easy setup with professional results ✅ **Regular Updates**: Continuously improved based on user feedback ## 📞 **Support & Updates** This indicator is actively maintained and updated based on user feedback and market changes. For support, suggestions, or custom modifications, please reach out through TradingView messages. --- **⚡ Transform your options trading with intelligent signals and professional risk management!** *Disclaimer: This indicator is for educational and informational purposes only. Trading involves significant risk of loss. Always trade responsibly and consider your risk tolerance.*
Pine Script® indicator
by shivkumar503244
1
OPTION TRADING SYSTEM + OI Summary ProOption Trading System – Complete Analysis Guide The aiTrendview Option Trading System is an advanced trading dashboard designed to assist traders in making high-probability, risk-managed decisions. Built using Pine Script, this indicator combines SuperTrend-based signals, volume analysis, options flow data, momentum indicators, and dynamic risk management strategies into a unified chart overlay. Its structure supports both discretionary and systematic traders across intraday and swing trading styles. 1. Input Parameters and Configuration SuperTrend Settings The script allows users to configure the ATR period and ATR multiplier for Supertrend signal generation. A lower ATR period increases signal sensitivity, while a higher multiplier reduces noise and generates more conservative entries. Risk Management Parameters Users can pre-define their trade structure using input fields for stop-loss percentage and three target levels (10%, 20%, 30%). The system automatically calculates the risk-to-reward (R:R) ratio, aiming for a minimum R:R of 1:1.5 or greater. Display Customization Traders can customize the dashboard's position (top/bottom + left/center/right), size (small, normal, large), and toggle visibility. This enables non-intrusive viewing based on screen size and trading layout. Options Flow Simulation The tool simulates options market data, including hour-over-hour Open Interest (OI) changes, ATM strike detection, and positioning strength to reflect institutional sentiment. 2. Trading Signals and Momentum Confirmation Signal Logic Buy and sell signals are generated when price crosses above or below the Supertrend line, validated by volume confirmation. A neutral or “Wait” signal appears when conflicting data is detected. Entry price, stop loss, and three profit targets are provided with every setup. Momentum Filter RSI values are used to gauge momentum: • RSI < 30: Accumulation zone (potential buy support) • RSI > 70: Distribution zone (potential selling pressure) • RSI 30–70: Neutral (range-bound) 3. Volume Analysis Volume confirmation is essential to validate signal strength. The script measures real-time volume against a 20-period moving average and displays it as a ratio. A value above 1.5x suggests strong participation; above 2.0x typically indicates institutional involvement. Color coding helps interpret current volume intensity, and live profit/loss tracking enables real-time trade management based on entry price and current market price. 4. Options and Market Data Interpretation The system calculates: • ATM Strike: The at-the-money option strike rounded to the nearest 50. • Put/Call Volume: Directional activity through volume-based analysis. • Put-Call Ratio (PCR): Market sentiment gauge (bullish below 0.8, bearish above 1.2). • OI Trend Analysis: Detects long buildup, short covering, unwinding, and institutional accumulation by comparing price and OI changes. These insights help assess the alignment of retail and institutional sentiment and can act as a contrarian signal at extreme values. 5. Market Context Daily trend bias is determined by comparing the current price to the previous day’s range. If price exceeds the previous high, the bias is bullish; below the low, bearish; and within the range, neutral. This is used as an additional filter for validating breakout/breakdown opportunities. 6. Risk-Optimized Trade Execution The tool recommends executing trades only when at least 4 of the 6 confirmation conditions are met: 1. Supertrend Signal 2. Volume Confirmation (ratio > 1.5) 3. Momentum (RSI in favorable zone) 4. Options Flow (PCR aligned) 5. OI Trend aligned with trade direction 6. Minimum 1:2 Risk-Reward Ratio Based on the strength of confirmation: • 6+ confirmations: 2% capital risk per trade • 4–5 confirmations: 1% capital risk • Fewer than 4: avoid or use very limited sizing 7. Exit Management The system follows a three-target approach: • Target 1 (10%): Partial exit to cover costs and lock in small gains. • Target 2 (20%): Additional scaling out. • Target 3 (30%): Let remainder trail using dynamic stop. A 20% hard stop loss is enforced to limit drawdowns. 8. Alert System Integration Alerts are built into the script and can be configured for: • Buy/Sell signals • Volume spikes above 2.0x • Profit milestones (5%, 10%) • Stop-loss proximity These alerts are compatible with TradingView push notifications, email alerts, and can be routed through third-party services like Telegram for extended utility. 9. Interpretation and Strategy Guidelines The dashboard is built for real-time decision-making. Sample interpretation: • Buy Signal + Volume > 2.0x + PCR < 0.8 + OI Buildup = High-conviction long trade • Sell Signal + RSI > 70 + Short Buildup + Price below PDC = Short trade setup Mult timeframe analysis is also recommended: • 15-minute chart: Entry timing • 1-hour volume: Institutional trend confirmation • Daily range: Breakout validation Disclaimer from aiTrendview This script is intended for educational and informational purposes only. It does not constitute financial advice, trading signals, or investment recommendations. aiTrendview and its affiliates are not responsible for any financial losses or decisions resulting from the use of this tool. Trading and investing involve significant risk. Past performance does not guarantee future results. Users should perform their own due diligence or consult a licensed financial advisor before making trading decisions.
Pine Script® indicator
by aiTrendview-Charting-System
Option CalculatorOption Calculator – Comprehensive Feature Guide The aiTrendview Option Calculator is a feature-rich options trading dashboard built using Pine Script, designed for real-time market interpretation and strategy selection. It integrates Black-Scholes-based pricing models with dynamic market inputs to help traders evaluate directional bias, volatility, risk, and potential profitability in a structured, intuitive format. The tool supports both beginner and experienced options traders in making data-driven decisions. Core Inputs and Pricing Foundations Users can input the strike price, days to expiration, implied volatility (IV), interest rate, and option type (call or put). These values feed directly into calculations for the option's theoretical price, Greeks, and expected move. For example: • Strike Price helps define moneyness, impacting delta and risk/reward balance. • Days to Expiry determines the speed of time decay (theta). • Risk-Free Rate adjusts for time value and interest rate impact (rho). • Implied Volatility affects premium pricing and vega exposure. • Option Type sets the directional foundation for strategy analysis. Live Market Data Integration The script pulls current underlying price, price change, and volume comparison against a moving average (e.g., current volume vs. 20-day average). This helps identify unusual trading activity or volume spikes. Volatility readings are also incorporated using ATR or external volatility indexes to enhance the realism of IV assessments. Greek Calculations The dashboard provides visual and numerical values for all five major Greeks: • Delta shows directional sensitivity and is plotted with a visual bar. • Gamma represents the rate of delta change, especially critical near-the-money. • Theta measures time decay and is most impactful in the final weeks before expiration. • Vega tracks sensitivity to volatility shifts, crucial for premium-selling strategies. • Rho reflects sensitivity to interest rates, primarily relevant in long-dated options. Each Greek is calculated based on real-time inputs, providing a statistical framework for assessing risk and return. Market Sentiment & Risk Environment A sentiment scoring system interprets the put-call ratio (PCR), volume trends, and price momentum (e.g., RSI). IV levels are color-coded (e.g., low, medium, high) to identify whether options are relatively cheap or expensive. These values support better timing decisions and help identify whether to be a buyer or seller of premium. Strategy Recommendation Engine The script dynamically evaluates six core strategies based on current data: 1. Long Call 2. Short Put 3. Long Put 4. Bull Call Spread 5. Long Straddle 6. Iron Butterfly Each strategy is assigned a confidence score (0–100%) and updated in real-time. This system is designed to match the appropriate strategy to market conditions such as trend, volatility, and time to expiration. Risk-Adjusted Trading Insights The dashboard helps traders evaluate whether to initiate trades, reduce exposure, or wait: • High Confidence (80%+): Favorable environment; standard sizing recommended. • Moderate Confidence (60–80%): Trade with caution and reduced risk. • Low Confidence (<60%): Consider avoiding the trade or waiting for better setup. It also supports risk mitigation through defined-risk strategies and provides guidance on stop-loss, profit targets, and time-based exits (e.g., managing options with <21 days to expiry). Real-Time Monitoring The script continuously tracks: • Changes in Greeks as price, volatility, or time evolve. • Profit probability estimates using expected move and breakeven pricing. • Volume activity and IV rank to spot institutional behavior. This empowers traders to manage trades proactively, adjust exposure, or lock in profits based on changing market conditions. Practical Use Case Flow Step 1: Input Setup Enter option-specific parameters (strike, expiry days, IV, etc.) and let the dashboard auto-calculate risk metrics. Step 2: Analyze Market Use sentiment analysis, IV level, and volume data to understand the environment. Step 3: Select Strategy Rely on the confidence score and recommendation engine to choose a suitable options strategy. Step 4: Manage Risk Apply size rules based on signal strength, adjust based on exposure, and set alerts if needed. Step 5: Monitor Outcomes Track Greeks, probability, and progress metrics to stay informed throughout the trade. Trading Environment Adaptation • Low IV: Favor long premium strategies (e.g., long straddles, long calls). • High IV: Favor premium selling strategies (e.g., iron condors, credit spreads). • Bullish Markets: Focus on call-based trades or bullish spreads. • Sideways Markets: Use neutral setups like iron butterflies or calendar spreads. Position sizing and stop-loss logic are aligned with industry practices (e.g., risk no more than 2% per trade, take profit at 50%, and cut losses at double the premium received). Dashboard Interpretation Guide • Green: High confidence strategy, favourable IV, and strong volume confirmation. • Yellow: Mixed signals or moderate conviction – proceed with caution. • Red: Low confidence, poor conditions – better to wait for clearer opportunities. Disclaimer from aiTrendview This script is intended for educational and informational use only. It does not offer financial advice or trading signals, nor does it guarantee results. aiTrendview and its affiliates are not responsible for any financial loss or decision made using this tool. Options trading involves substantial risk and is not suitable for all investors. Past performance of any strategy or metric does not guarantee future results. Users are encouraged to consult with a certified financial advisor and conduct independent research before making trading decisions.
Pine Script® indicator
by aiTrendview-Charting-System
Sensex Straddle Candle ChartStraddle Candlestick Strategy Indicator – Sensex Options This custom Pine Script indicator is designed to visualize the price action of Sensex options using a candlestick chart. It combines Call and Put options for multiple strikes around the underlying Sensex index, creating a detailed view of market movement in a straddle strategy. Key Features: • Candlestick Visualization – Plots candlestick charts based on the combined price action of both Call and Put options, giving traders a clear picture of option price trends for different strikes. • Multi-Strike Options Analysis – Dynamically calculates and plots strike prices above and below the At-the-Money (ATM) strike, offering a comprehensive look at price movement across various strike levels. • Customizable Inputs – Adjust the strike interval, expiry date, ATM strike, and appearance (e.g., font size, table layout, and color themes) to suit your trading style. • User-Friendly Dashboard – Displays strike price data along with essential candlestick details to help you quickly understand market trends. Use Case: This indicator is ideal for traders using straddle strategies on Sensex options . It provides a real-time* visual representation of price action around the ATM strike, helping traders make informed decisions based on options movement. Important Note for TradingView Users: ⚠️⚠️⚠️⚠️ Do NOT apply this indicator on the Sensex spot chart (BSE:SENSEX) — Sensex spot data on TradingView has a 15-minute delay . ✅ Instead, apply it to any NSE instrument chart (e.g., NIFTY, BANKNIFTY, or any NSE stock) to get real-time Sensex option data . The script will fetch Sensex option prices regardless of the chart you use, as long as it’s not the delayed Sensex chart. Additional Insights: • VWAP (Volume-Weighted Average Price) is included to help identify market direction and trend strength. • Focused purely on candlestick price action analysis — no unnecessary indicators like RSI, Supertrend, or MA unless you choose to enable them. • Perfect for traders who want a clear, actionable view of Sensex option movements for better trade execution.
Pine Script® indicator
by PointsHeckur
EZThis script is designed to provide a clear, visual confirmation of trend direction, momentum shifts, and institutional bias by combining multiple EMA layers and smoothed Heiken Ashi waves. Features: • EMA Trend Band (8, 13, 21 EMA): Highlights short-term trend strength and clean stacking conditions. • 35 EMA Momentum Line: Captures medium-term momentum shifts for better trade entries. • 200 SMA Institutional Bias Line: Filters trades aligned with higher timeframe bias. • Triple-Smoothed Heiken Ashi Waves: Changes background & candle colors to reflect momentum waves, filtering out noise and false signals. • Liquidity Sweep Zones & Inverse FVGs (Optional): Helps identify smart money footprints and potential reversal zones. Use Case: • Best suited for trend-following traders, scalpers, and swing traders who rely on multi-timeframe confluence. • Works effectively on Forex, Futures, Indices, and Crypto charts. • Designed to filter out fakeouts and highlight high-probability trade zones. Disclaimer: This script is for educational purposes only. It does not guarantee profits and should be used in combination with proper risk management and trading experience.
Pine Script® indicator
by jashansidhu1313
Fibonacci MTF Retracement & Extension levelsOverview: This indicator plots Fibonacci retracement and extension levels based on either yesterday's or today's high-low range on a customizable timeframe (default: daily). It is useful for identifying potential support/resistance zones and projecting price targets using Fibonacci ratios. Features: Custom Reference Timeframe Choose any timeframe (e.g., Daily, Weekly, 4H) as the source for high and low calculations. Flexible Level Source Choose to plot either: Yesterday’s Fibonacci levels (default), or Today's real-time Fibonacci levels Extensive Fibonacci Levels Supports both common and extended levels, including: -6.0, -5.618, ..., 0.0, 0.382, 0.618, 1.0, 1.618, ..., 6.0 Customizable Style Line width and style (solid, dotted, dashed) Color-coded for negative, main (0 to 1), and above-1 levels Adjustable label size, text color, and label position (offset) Efficient and Clean Visualization Automatically clears previous drawings on each new candle of selected timeframe Optimized to prevent clutter and overlap How It Works: Yesterday Mode: Plots fib levels based on the high/low of the previous candle on your selected timeframe. Today Mode: Plots fib levels using the current high/low of the ongoing candle. All lines and labels automatically refresh at the open of each new candle (on your selected timeframe).
Pine Script® indicator
by Chandannk
Fibonacci MTF Retracement & Extension levels Overview: This indicator plots Fibonacci retracement and extension levels based on either yesterday's or today's high-low range on a customizable timeframe (default: daily). It is useful for identifying potential support/resistance zones and projecting price targets using Fibonacci ratios. Features: Custom Reference Timeframe Choose any timeframe (e.g., Daily, Weekly, 4H) as the source for high and low calculations. Flexible Level Source: Choose to plot either: Yesterday’s Fibonacci levels (default), or Today's real-time Fibonacci levels Extensive Fibonacci Levels: Supports both common and extended levels, including: 6.0, -5.618, ..., 0.0, 0.382, 0.618, 1.0, 1.618, ..., 6.0 Customizable Style: Line width and style (solid, dotted, dashed) Color-coded for negative, main (0 to 1), and above-1 levels Adjustable label size, text color, and label position (offset) Efficient and Clean Visualization: Automatically clears previous drawings on each new candle of selected timeframe Optimized to prevent clutter and overlap How It Works: Yesterday Mode: Plots fib levels based on the high/low of the previous candle on your selected timeframe. Today Mode: Plots fib levels using the current high/low of the ongoing candle. All lines and labels automatically refresh at the open of each new candle (on your selected timeframe).
Pine Script® indicator
by Chandannk
Rishabh Intraday Options Indicator 📌 Overview
 This invite-only indicator is tailored for intraday options trading in major Indian indices — NIFTY, BANKNIFTY, CNXFINANCE, and NIFTY_MID_SELECT .
 It identifies high-probability trading opportunities based on price deviations from the daily Open, High, and Low levels .
The strategy is strictly designed for same-day, BUY-only option entries , offering structured targets , risk-managed stop-loss , and visual clarity for actionable decision-making. Option expiry levels are manually updated before each expiry (weekly for NIFTY, monthly for others). Built-in safety filters automatically block trades during extreme volatility or when the spot price input is significantly off-range for the Specific Day . ⚙️ Key Features 📈 Highlights BUY-side opportunities only 🎯 Displays up to five dynamic target levels 🔒 Calculates stop-loss based on recent swing points 📊 Tracks price deviation from key levels to generate trade signals 🔍 Analyzes Spot and Option charts to provide signals on the Options symbol 🚨 Triggers alerts and shows labels when conditions are met ✏️ Customizable label sizes for enhanced readability ⏱️ Designed specifically for the 1-minute timeframe for maximum accuracy 📈 How to Use Open a 1-minute chart of any supported symbol:
 NIFTY BANKNIFTY CNXFINANCE
 NIFTY_MID_SELECT Manually input the day’s open price in the script settings.
  (An error message will show the correct value if input is incorrect — refer to Visual Guide #4) Monitor price deviation around the day’s High and Low .
 Trade signals are more reliable during pullbacks . 📌 Call entries are displayed above the bar (near the day’s High)
 📌 Put entries are shown below the bar (near the day’s Low) 💡 Recommended: Book 50% profits at Target 1 Manage remaining quantity with extended targets 📉 Risk Management System Stop-Loss : Recent minor swing low for Calls and Puts Target Levels (based on option premium movement): 🎯 Target 1: 1× stop-loss value
 🎯 Target 2: 2× stop-loss value
 🎯 Target 3: 3× stop-loss value
 🎯 Target 4: 4× stop-loss value
 🎯 Target 5: 5× stop-loss value 🖼️ Visual Guide #1.Nifty_Day_High_Low – Highlights intraday high/low levels #2.Invalid Timeframe Error – Shown if not on a 1-minute chart
 ➡️ Fix: Switch to 1-minute timeframe #3.Invalid Symbol Error – Appears if the symbol is not one of the four supported indices
  ➡️ Fix: Use NIFTY, BANKNIFTY, CNXFINANCE, or NIFTY_MID_SELECT #4.Invalid Open Price – Shown when open input doesn't match actual open
  ➡️ Fix: Enter the open price shown in the error label into input settings #5.Expired Option Error – Appears when the script detects that the configured expiry date has passed ➡️ Fix: Contact the script authors to get the latest version with updated expiry settings #6.Nifty_Put_Buy Entry – Displays:
 Option Type
 = PE Strike Price
 = 56300 Entry Price = 706.35 Stop-Loss = 672.00 All Target Levels
 Expiry = 28-08-2025 Timestamp = 10:45:00 am #7.Nifty_Call_Buy Entry – Same details as above for Call setups Option Type
 = CE Strike Price
 = 57000 Entry Price = 1412.05 Stop-Loss = 1394.70 All Target Levels
 Expiry = 28-08-2025 Timestamp = 9:41:00 am ⚠️ Important Notes ⏱️ Works only on 1-minute timeframe ✅ Compatible only with NIFTY, BANKNIFTY, CNXFINANCE, and NIFTY_MID_SELECT ✍️ Manual input of the day’s open is mandatory 🚫 No repainting – once confirmed, levels stay fixed 🔒 Invite-only access maintains tool integrity and quality usage 📅 Expiry Strike Management: Expiry dates are updated manually by the author (weekly for NIFTY, monthly for others). The latest update timestamp is shown at the top of the Input-Tab of Indicator Panel. ✋ If market conditions are extremely volatile, the script may display: “Price is too volatile today. Avoid trading under such conditions. Please check back tomorrow.” 📊 If the manually entered spot price is too far from the current range, the script may display: “Spot price is significantly deviated from expected levels. Trading is not advised at the moment. See you tomorrow.” 🔶 CONCLUSION & ACCESS This indicator is designed to provide a structured and disciplined approach to intraday options trading, with clear targets and defined risk management. 👉 For details on how to request access, please see the Author’s Instructions section below. 📢 Disclaimer This script is intended solely for educational and informational purposes . It does not provide financial or investment advice, nor should it be interpreted as a recommendation to buy, sell, or trade any securities or derivatives. We are not SEBI-registered advisors , and the strategies shown are not personalized guidance . Past performance or backtested results are not indicative of future outcomes and should not be relied upon for live trading without thorough evaluation. Trading in financial markets — especially options — involves significant risk . Both profits and losses are inherent to the trading process. 📎 We recommend practicing with paper trading for at least one month to understand the strategy’s behavior in live markets.
Pine Script® indicator
by Rishabh_Indicator
Smart Position Size Calculator - orbitpipsSmart Position Size Calculator (IPSC) The on-chart risk engine that converts your balance and stop distance into the exact lot size to trade. Why use IPSC? * Prevents oversized positions by tying every trade to your chosen risk % and account balance. * Dual workflow: • Auto Mode (default) uses the live price plus percentage-based stop & target distances. • Interactive Mode lets you click custom entry, SL and TP via three price inputs. * Multi-asset logic covers Forex, Gold, Crypto, Indices, CFDs and Futures with correct contract sizing. * Clean visuals: colour-coded lines, dynamic risk-reward box and a compact HUD table that updates in real time. * Zero repaint surprises — calculations are performed on the latest closed bar only. Quick start 1. Load the script on any symbol / timeframe. 2. Enter your Account Balance and Risk Percentage %. 3. Stay in Auto Mode for set-and-forget sizing, or tick Enable Interactive Mode to define custom prices. 4. Read lot size, dollar risk and risk-to-reward instantly — no calculators, no spreadsheets. Main inputs * Account Balance (\$) – trading capital used for sizing. * Risk Percentage (%) – how much you are willing to risk on the trade. * Auto Stop / TP (%) – distance from entry in Auto Mode. * Interactive prices – visible only when Interactive Mode is enabled. * Display & font options – tailor HUD placement and text size. Good to know * Contract size and lot step can be overridden if your broker uses different specifications. Ideal for Scalpers, swing traders and prop-firm challengers who need precise, real-time position sizing without leaving the chart. Built with 💜 by OrbitPips
Pine Script® indicator
by orbitpips
🧠 Options Strategy Dashboard (Straddle)________________________________________ 🧠 STWP Options Strategy Dashboard (Long/Short Straddle) Author: simpletradewithpatience Markets: NSE (India) Best timeframe: 1-second chart Built with: Pine Script v5 ________________________________________ 📌 Overview A real-time options strategy dashboard designed for NSE Straddles: ✅ Long Straddle → Buy ATM CE + Buy ATM PE ✅ Short Straddle → Sell ATM CE + Sell ATM PE This tool provides a visual, tick-by-tick dashboard for monitoring: Live premiums, real-time PnL, ROI, Greeks, and risk conditions — all in one screen. It’s fully manual and built for educational & tracking purposes only — not for automation. ________________________________________ 📌 Key Features ✅ Track Long & Short Straddles ✅ Live LTP tracking via dual symbol inputs ✅ Real-time PnL, breakeven, max profit/loss ✅ ROI & Risk:Reward calculation ✅ Smart Exit logic with context-based alerts ✅ Invalidation logic via Reversal Range breach ✅ Manual input of Greeks (Delta, Gamma, Theta, IV%) ✅ Greek-based warnings: Gamma Risk, IV Crush, Theta Decay ✅ Days to Expiry (DTE) tracking ✅ Fully customizable alert system ✅ Clean emoji-labelled dashboard UI ✅ Built for Indian NSE Options ✅ Requires 1-second chart for correct functioning ________________________________________ 📌 Option Symbol Inputs (LTP Tracking) ✅ Call Symbol: ATM CE (same strike as Put) ✅ Put Symbol: ATM PE (same strike as Call) ✅ Symbol Tips: Use Tradingview dropdown to select NSE option symbols like NSE:RELIANCE25JUL3000CE and PE ⚠️ Providing valid option symbols is essential — all live data relies on them. ________________________________________ 📌 Trade Setup Parameters Spot Price at Entry Strike Price (same for both legs) Buy Price (for Long Straddle) Sell Price (for Short Straddle) Lot Size & Number of Lots Loss Bearable Amount (₹) → Used by Smart Exit logic to trigger warnings ________________________________________ 📌 Expiry Date Input Expiry Year, Month, and Day 🎯 Used to calculate Days to Expiry (DTE) and enable: ⏱️ Expiry alerts like “Less than 2 Days”, “Theta Risk”, etc. 📉 Smart Exit logic dynamically adapts based on DTE ________________________________________ 📌 Greeks (Optional) 🔹 Default: Leave Greeks empty 🔹 Optional: Input Delta, Gamma, Theta, IV for both Call & Put 🔍 Enables: Net Delta, Gamma, Theta, IV Greek-based alerts and visual verdict  🟢 Conservative 🟡 Moderate 🔴 Aggressive Risk ________________________________________ 📌 Dashboard Display 📈 Strategy Type: Long or Short Straddle 💹 Entry Premiums & Live Net LTP 📊 Net Premium, Max Profit/Loss 📉 Real-time PnL (tick-level) 📐 Breakeven range 📊 ROI %, Risk:Reward & trade verdict 🚦 Smart Exit verdict: Hold, Exit Soon, or Book Loss 🔁 Reversal Range for invalidation 📆 Days to Expiry (DTE) 📐 Greek Data (if enabled) with Net & Avg values ⚠️ Greek Risk Verdict for managing directional exposure ________________________________________ 📌 Alert System (Built-in Alerts) 🎯 Target Profit Hit ❌ Max Loss Reached 🛑 Loss Bearable Limit Breached 📍 Hold Signal 📉 Book Loss / Exit Soon ⏳ Expiry Nearing ⚠️ Reversal Breach (spot breaks outside expected range) 💥 High Gamma Risk (> ±0.05) 📉 High IV Alert (> 35%) 🚨 Combined Master Alert — if any key risk triggers ________________________________________ 📌 Smart Exit System ⚙️ A dynamic, context-aware trade assistant ✅ Assesses price movement, expiry risk, and loss thresholds ✅ Provides real-time exit suggestions to prevent overholding ✅ Filters emotional decisions — encourages disciplined trading ________________________________________ 📌 Reversal Exit Logic (For Straddles) 🔁 Detects directional invalidation Reversal Range = ±35% of Total Premium around strike price ⚠️ If spot breaches this range, trade likely invalid — exit advised 📉 Works as directional filter for neutral strategies ________________________________________ ⚠️ Important Notes ✅ Built for NSE Options – not suitable for other exchanges ✅ Designed only for Long/Short Straddles ✅ Use on 1-second chart only ❌ Will malfunction on higher timeframes ✅ For manual use only — no automation ✅ For educational and research use only ________________________________________ 💬 How to Use This Dashboard 1️⃣ Select Strategy  Long Straddle (Buy Both Legs) or Short Straddle (Sell Both Legs) 2️⃣ Input Symbols  Use accurate NSE symbols for CE & PE 3️⃣ Enter Strike & Premiums  Same strike for both legs. Add Buy or Sell prices 4️⃣ (Optional) Enter Greeks  Add Delta, Gamma, Theta, IV for both legs 5️⃣ Set Expiry  Year, Month, Day — enables DTE alerts 6️⃣ Track Dashboard  Live PnL, Net Premium, ROI, Reversal Range, Smart Exit 7️⃣ Enable Alerts  Get push/email/sound notifications for PnL, expiry, and Greek risks ________________________________________ 🤝 Final Note This tool was built with patience and care by simpletradewithpatience to help fellow options traders trade more objectively, systematically, and confidently. Feel free to share feedback on Tradingview. Happy Trading! 📈 Stay disciplined. Stay smart. ________________________________________ 🔠 Glossary PnL – Profit & Loss LTP – Last Traded Price IV – Implied Volatility DTE – Days to Expiry ROI – Return on Investment R:R – Risk to Reward Ratio CE / PE – Call / Put Option SEBI – Securities and Exchange Board of India ________________________________________ ⚠️ Disclaimer This script is for educational and research purposes only. I am not a SEBI-registered advisor. No buy or sell recommendations are made. Trading options involves significant risk. Use proper risk management and always consult a licensed advisor if in doubt. The author is not responsible for any financial losses incurred. By using this tool, you agree to these terms. ________________________________________
Pine Script® indicator
by simpletradewithpatience
Buy Sell, NSE Option Premium Breakout/Decay JITENDRAIndicator Summary NSE Option Straddle Premium Breakout/Decay by Jitendra This is designed for NSE Option traders analyzing straddle strategies. It helps us to track call and put premiums across multiple strikes and overlays signals like EMA pressure, RSI-based candle coloring, and premium above or below super trend. With the Help of This We are easily able to See when Premium getting Decay and when any Volatility will start How to Use This After Plotting this on chart Open Setting & First Select Index & Expiry with ATM & Straddle Call Put Strike When there is no movement you will see Premium getting Decay and it is below EMA and Supertrend Before Sharp Move in Any Direction you will see Premium value getting change and it is Above EMA and Supertrend you Must Change Straddle Strike After Big Move because of High Premium Difference Option Chain Type Table Also Available to track Multiple Strike 🔧 Key Features: Spot Index & ATM Strike Reference: Supports: NIFTY, BANKNIFTY, FINNIFTY, MIDCAP. Accepts user-defined ATM strike to build the straddle structure. Derives real ATM using the spot price and strike interval. Configurable symbol, expiry, strikes This indicator is intended for: Tracking option premium movements across multiple strikes. Identifying breakouts or decay zones in straddle pricing. Visually recognizing buy/sell pressure with EMA overlays. Quickly spotting overbought/oversold zones using RSI. 🔁 Dynamic strike selection around ATM 📈 EMA-based buy/sell pressure detection 🎯 RSI-based candle coloring for overbought/oversold zones Example of Analysis when To Long or When Premium Getting Decay For Put side Long Trade Code Used to Fetch Data and Calculation Uses request.security() to fetch data for each call option: Straddle EMA-Based Pressure Detection: Computes two EMAs: Buy Pressure Line: ema1 = ema(close - low , len1) Sell Pressure Line: ema2 = ema(high - close, len2) 🔹 Spot Index Selection spot_ = input.string('NIFTY', ...) spot = spot_ == 'NIFTY' ? 'NSE:NIFTY' : ... 🔹 Strike Configuration strike_interval = input.int(100, ...) spot_atm = input.int(25000, ...) 🔹 Date/Expiry Configuration _day = input.string('25', ...) _month = input.string('12', ...) _year = input.string('25', ...) 🔹 Visual & Dashboard Inputs dashboard_loc = input.string('top_right', ...) font = input.string('Small', ...) 🔹 Straddle-Specific Strike Inputs straddle_call_strike = input.int(25000, ...) straddle_put_strike = input.int(25000, ...) 🔹 Supertrend & EMA/RSI Inputs ema_len, st_period, st_factor, rsi_len 🔹 Real ATM Calculation real_atm = math.round(spot_close / strike_interval) * strike_interval 🔹 Option Symbol Construction + Data Fetching = request.security("NSE:NIFTY25C25000", timeframe, screener_func()) 🔹 Buyer/Seller Pressure Calculations number1 = close - low number2 = high - close ema1 = ta.ema(number1, len1) ema2 = ta.ema(number2, len2) Measures buying and selling pressure based on candle wicks. Smoothed using EMA (length set via input). Thanks
Pine Script® indicator
by radhe396
🧠 STWP Dashboard (Bull Call Spread / Bear Put Spread)________________________________________ 🧠 STWP Options Strategy Dashboard (Bull Call Spread/ Bear Put Spread) Author: @simpletradewithpatience Markets: NSE (India) Best timeframe: 1-second chart Built with: Pine Script v5 ________________________________________ 📌 Overview A real-time options strategy dashboard tailored for NSE traders, designed for two-leg spreads: ✅ Bull Call Spread → Buy Lower Strike CE, Sell Higher Strike CE ✅ Bear Put Spread → Buy Higher Strike PE, Sell Lower Strike PE This tool gives you a real-time, color-coded visual interface with: Entry premiums & breakeven levels Live LTPs & PnL ROI & Risk: Reward Smart Exit logic Alerts for expiry, Greeks, and PnL events It’s fully manual, for educational and tracking use only — not for automated trading. ________________________________________ 📌 Key Features ✅ Track Bull Call & Bear Put Spreads ✅ Live LTP tracking via symbol input ✅ Real-time PnL, breakeven, max profit/loss ✅ ROI & Risk:Reward calculation ✅ Smart Exit logic with trade verdicts ✅ Invalidation logic with Reversal Exit ✅ Manual input of Greeks (Delta, Gamma, Theta, IV%) ✅ Greek-based alerts for Gamma Risk, IV Crush, Theta Decay ✅ Days to Expiry (DTE) tracking ✅ Fully customizable alert system ✅ Clean, emoji-labelled dashboard UI ✅ Built for Indian NSE options only ✅ Requires 1-second chart for correct data ________________________________________ 📌 Option Symbol Inputs (LTP Tracking) ✅ Long Leg Symbol (Buy): Lower strike CE (Bull Call) or higher strike PE (Bear Put) ✅ Short Leg Symbol (Sell): Higher strike CE (Bull Call) or lower strike PE (Bear Put) ✅ Symbol Tips: Use TradingView's dropdown to select NSE option symbols like NSE:RELIANCE25JUL3000CE ⚠️ Providing valid option symbols is crucial — it powers all live tracking and calculations. ________________________________________ 📌 Trade Setup Parameters Spot Price at Entry Long & Short Strike Prices Buy Price (Long Leg) Sell Price (Short Leg) Lot Size & Number of Lots Loss Bearable Amount (₹) → Used by Smart Exit logic to issue early warnings ________________________________________ 📌 Expiry Date Input Expiry Year, Month, and Day 🎯 Used to calculate Days to Expiry (DTE) and enable: ⏱️ Expiry alerts like “Less than 2 Days”, “Theta Risk”, and more 📉 Smart Exit logic adjusts based on time decay ________________________________________ 📌 Greeks (Optional) 🔹 Default Mode: Don’t Enter Greeks 🔹 Optional Mode: Enter Greeks for both legs (Delta, Gamma, Theta, IV%) 🔍 Enabling Greeks unlocks: Net Delta, Gamma, Theta, IV Greek-based warnings (e.g. Gamma Risk, Theta Risk) A dashboard Greek Verdict:  🟢 Conservative 🟡 Moderate Risk 🔴 Aggressive Risk ________________________________________ 📌 Dashboard Display 🎯 Strategy Type (Bull or Bear Spread) 📈 Entry Premiums & Live LTPs 💹 Breakeven, Max Profit/Loss, Net Premium 📊 ROI % & Risk:Reward (with verdict) 📉 Real-time PnL using tick-by-tick data 🚦 Smart Exit verdict: Hold, Exit Soon, or Book Profit 🔁 Reversal Exit Price (spread invalidation logic) 📆 Days to Expiry (DTE) 📐 Greek Data (if enabled) with Net & Average values ⚠️ Greek Risk Verdict for managing directional risk ________________________________________ 📌 Alert System (Built-in Alerts) 🎯 Target Profit Hit ❌ Max Loss Reached 🛑 Loss Bearable Limit Breached 📍 Hold Signal 📉 Book Loss / Exit Soon ⏳ Expiry Nearing ⚠️ Spread Invalidation Alert (via Reversal Price breach) 💥 High Gamma Risk (if Gamma > ±0.05) 📉 High IV Alert (if IV > 35%) 🚨 Combined Master Alert – fires if any key condition is triggered ________________________________________ 📌 Smart Exit System ⚙️ Context-aware, dynamic trade assistant ✅ Analyses real-time market, PnL, expiry risk, reversal risk ✅ Gives exit suggestions based on: Time decay Price invalidation Breach of defined loss/profit thresholds ✅ Keeps you objective — no emotional exits ________________________________________ 📌 Reversal Exit Logic 🔁 Detects directional failure in spread structure Bull Call Spread: Invalidation = Spot falls 25% of net premium below long strike Bear Put Spread: Invalidation = Spot rises 25% of net premium above short strike 📉 Alerts you to exit even before loss appears 🎯 Designed for directional traders using spread logic 💡 Acts as a breakdown or breakout filter ________________________________________ ⚠️ Important Notes ✅ Built for NSE Options – not for global exchanges ✅ Only for Bull Call & Bear Put spreads ✅ Use on 1-second chart only ❌ Will not work properly on higher timeframes ✅ Manual tool only – doesn’t place trades ✅ For educational and research use only ________________________________________ 💬 How to Use This Dashboard Choose Your Strategy  Bull Call or Bear Put Input Symbols & Strikes  Use Tradingview dropdown to select accurate NSE option symbols Enter Buy/Sell Prices  Add premiums, lot size, no. of lots (Optional) Enable Greeks  Add Delta, Gamma, Theta, IV for both legs Set Expiry Date  Year, Month, Day — activates DTE & expiry alerts Monitor Dashboard  Live PnL, Max P/L, ROI, R:R, Smart Exit, Reversal Levels (Optional) Enable Alerts  Get notified for PnL events, expiry risk, Greek risk, spread failure ________________________________________ 🤝 Final Note This tool was built with patience and care by @simpletradewithpatience to help fellow options traders trade more objectively, systematically, and confidently. Feel free to share feedback on Tradingview. Happy Trading! 📈 Stay disciplined. Stay smart. ________________________________________ 🔠 Glossary PnL – Profit & Loss LTP – Last Traded Price IV – Implied Volatility DTE – Days to Expiry ROI – Return on Investment R:R – Risk to Reward Ratio CE / PE – Call / Put Option SEBI – Securities and Exchange Board of India ________________________________________ ⚠️ Disclaimer This script is for educational and research purposes only. I am not a SEBI-registered advisor. No buy or sell recommendations are made. Trading options involves significant risk. Use proper risk management and always consult a licensed advisor if in doubt. The author is not responsible for any financial losses incurred. By using this tool, you agree to these terms. ________________________________________
Pine Script® indicator
by simpletradewithpatience
🕶️ StealthFlow™ Prime – Option Sniper Signal System🕶️ How to Use the StealthFlow™ Prime – Option Sniper Signal System Welcome to the StealthFlow™ Prime – your edge in the fast-moving world of Nifty & Bank Nifty options. 🔑 Access Instructions: 1. I’ve granted access to your TradingView username. 2. Open your TradingView account. 3. Go to “Indicators” → “Invite-only scripts” 4. Search and click on: 🕶️ StealthFlow™ Prime – Option Sniper Signal System ✅ It will now load automatically on your chart. 📈 Recommended Chart Setup Parameter Setting Timeframe 5-minute or 15-minute (also check with 3 mins) Symbol NIFTY or BANKNIFTY Chart Type Candlestick Session Intraday only 🧠 How It Works (Simplified) This system detects momentum shifts and hidden price action flows based on: • Supertrend logic (breakouts) • Volume-weighted indicators (VWMA & VWAP) • EMA for directional trend 🔔 Trade Signals: • 🟢 BUY Signal: A green “BUY” label appears below the candle when the system detects a bullish breakout. • 🔴 SELL Signal: A red “SELL” label appears above the candle when momentum flips bearish. Use these signals to time your entry into CE/PE positions — especially after consolidation or breakout setups. ⚠️ Pro Tips for Option Traders: • Only trade in high-volume sessions (9:30 AM – 11:30 PM IST) • Avoid trades near big events (RBI policy, global news) • Target ATM or slightly ITM options with 1–2 lots for low-risk entries • Combine with price action at support/resistance for sniper accuracy 📲 Optional: Set Alerts 1. Click “Alerts” 2. Condition: Choose StealthFlow BUY Alert or SELL Alert 3. Set to: Once per Bar Close 4. Enable Push, Email, Popup as per your preference 5. Click Create Now you’ll get instant notifications when a trade signal fires — no need to stare at charts all day.
Pine Script® indicator
by subscriptionking7
✅ VMA Avg ATR + Days to Targets 🎯1) The trend filter: LazyBear VMA You implement the well‑known “LazyBear” Variable Moving Average (VMA) from price directional movement (pdm/mdm). Internally you: Smooth positive/negative one‑bar moves (pdmS, mdmS), Turn them into relative strengths (pdiS, mdiS), Measure their difference/total (iS), and Normalize that over a rolling window to get a scaling factor vI. The VMA itself is then an adaptive EMA: vma := (1 - k*vI) * vma + (k*vI) * close, where k = 1/vmaLen. When vI is larger, VMA hugs price more; when smaller, it smooths more. Coloring: Green when vma > vma (rising), Red when vma < vma (falling), White when flat. Candles are recolored to match. Why this matters: The VMA color is your trend regime; everything else in the script keys off changes in this color. 2) What counts as a “valid” new trend? A new trend is valid only when the previous bar was white and the current bar turns green or red: validTrendStart := vmaColor != color.white and vmaColor == color.white. When that happens, you start a trend segment: Save entry price (startPrice = close) and baseline ATR (startATR = ATR(atrLen)). Reset “extreme” trackers: extremeHigh = high, extremeLow = low. Timestamp the start (trendStartTime = time). Effect: You only study / trade transitions out of a flat VMA into a slope. This helps avoid chop and reduces false starts. 3) While the trend is active On each new bar without a color change: If green trend: update extremeHigh = max(extremeHigh, high). If red trend: update extremeLow = min(extremeLow, low). This tracks the best excursion from the entry during that single trend leg. 4) When the VMA color changes (trend ends) When vmaColor flips (green→red or red→green), you close the prior segment only if it was a valid trend (started after white). Then you: Compute how far price traveled in ATR units from the start: Uptrend ended: (extremeHigh - startPrice) / startATR Downtrend ended: (startPrice - extremeLow) / startATR Add that result to a running sum and count for the direction: totalUp / countUp, totalDown / countDown. Target checks for the ended trend (no look‑ahead): T1 uses the previous average ATR move before the just‑ended trend (prevAvgUp/prevAvgDown). Up: t1Up = startPrice + prevAvgUp * startATR Down: t1Down = startPrice - prevAvgDown * startATR T2 is a fixed 6× ATR move from the start (up or down). You increment hit counters and also accumulate time‑to‑hit (ms from trendStartTime) for any target that got reached during that ended leg. If T1 wasn’t reached, it counts as a miss. Immediately initialize the next potential trend segment with the current bar’s startPrice/startATR/extremes and set validTrendStart according to the “white → color” rule. Important detail: Using prevAvgUp/Down to evaluate T1 for the just‑completed trend avoids look‑ahead bias. The current trend’s performance isn’t used to set its own T1. 5) Running statistics & targets (for the current live trend) After closing/adding to totals: avgUp = totalUp / countUp and avgDown = totalDown / countDown are the historical average ATR move per valid trend for each direction. Current plotted targets (only visible while a valid trend is active and in that direction): T1 Up: startPrice + avgUp * startATR T2 Up: startPrice + 6 * startATR T1 Down: startPrice - avgDown * startATR T2 Down: startPrice - 6 * startATR The entry line is also plotted at startPrice when a valid trend is live. If there’s no history yet (e.g., first trend), avgUp/avgDown are na, so T1 is na until at least one valid trend has closed. T2 still shows (6× ATR). 6) Win rate & time metrics Win % (per direction): winUp = hitUpT1 / (hitUpT1 + missUp) and similarly for down. (This is strictly based on T1 hits vs misses; T2 hits don’t affect Win% directly.) Average days to hit T1/T2: The script stores milliseconds from trend start to each target hit, then reports the average in days separately for Up/Down and for T1/T2. 7) The dashboard table (bottom‑right) It shows, side‑by‑side for Up/Down: Avg ATR: historical average ATR move per completed valid trend. 🎯 Target 1 / Target 2: the current trend’s price levels (T1 = avgATR×ATR; T2 = 6×ATR). ✅ Win %: T1 hit rate so far. ⏱ Days to T1/T2: average days (from valid trend start) for the targets that were reached. 8) Alerts “New Trend Detected” when a valid trend starts (white → green/red). Target hits for the active trend: Uptrend: separate alerts for T1 and T2 (high >= target). Downtrend: separate alerts for T1 and T2 (low <= target). 9) Inputs & defaults vmaLen = 17: governs how adaptive/smooth the VMA is (larger = smoother, fewer trend flips). atrLen = 14: ATR baseline for sizing targets and normalizing moves. 10) Practical read of the plots When you see white → green: that bar is your valid entry (trend start). An Entry Line appears at the start price. Target lines appear only for the active direction. T1 scales with your historical average ATR move; T2 is a fixed stretch (6× ATR). The table updates as more trends complete, refining: The average ATR reach (which resets your T1 sizing), The win rate to T1, and The average days it typically takes to hit T1/T2. Subtle points / edge cases No look‑ahead: T1 for a finished trend is checked against the prior average (not including the trend itself). First trends: Until at least one valid trend completes, T1 is na (no history). T2 still shows. Only “valid” trends are counted: Segments must start after a white bar; flips that happen color→color without a white in between don’t start a new valid trend. Time math: Uses bar timestamps in ms, converted to days; results reflect the chart’s timeframe/market session. TL;DR The VMA color defines the regime; entries only trigger when a flat (white) VMA turns green/red. Each trend’s max excursion from entry is recorded in ATR units. T1 for current trends = (historical average ATR move) × current ATR from entry; T2 = 6× ATR. The table shows your evolving edge (avg ATR reach, T1 win%, and days to targets), and alerts fire on new trends and target hits. If you want, I can add optional features like: per‑ticker persistence of stats, excluding very short trends, or making T2 a user input instead of a fixed 6× ATR.
Pine Script® indicator
by adonilopez