The provided script is an enhanced strategy that combines multiple indicators to generate buy and sell signals. Here's a breakdown of its features and usage: Indicators used: 1. Moving Averages (MA): It uses two moving averages, fast and slow, to identify trend direction. 2. Relative Strength Index (RSI): It measures the momentum and overbought/oversold...
This script is a custom trading view indicator that helps to identify potential buy and sell signals based on the RSI (Relative Strength Index) and SMA (Simple Moving Average) indicators. The script also identifies potential reversals using a combination of RSI and price action. It plots buy, sell, and reversal signals on the chart along with an SMA line....
Hello, everyone! Today I want to present my new script, which I hope will help not only me! I'm sure that many people, like me, went through such a stage as "building their strategy". This is when you sit and test on the history how you would enter or exit a trade. Recently I was doing the same thing and realized that my "tests" involve night time, when in...
Hello! Excited to share this with the community! This is actually a very simple indicator but actually usurpingly helpful, especially for those who trade indices such as SPX, IWM, QQQ, etc. Before I get into the indicator itself, let me explain to you its development. I have been interested in the use of option data to detect sentiment and potential reversals...
Thanks to Dead_Hunter for his ROCEM code which inspired me. This code looks back over X number of earnings cycles (default is 8) and X number of bars in each earnings cycle (default is 15) to calculate the largest move in each defined earnings period. The count of earnings cycles starts with the latest past earnings date. The code ignores all future earnings...
The Put-Call Bias Indicator provides a visual representation of the relative bias towards put options using CBOE data. This script calculates the Put/All ratio, displaying the difference as compared to an even 50% ratio as columns on the chart. A positive value indicates a higher proportion of puts being bought compared to the total number of options...
Thanks to Dead_Hunter to the base code which I modified. This code will now use the last 21 daily candles of the earnings cycle to calculate the average percent price move. Then using Dead_Hunters code looking at the past 8 earnings cycles, the final average percent price move is calculated. This is the Average value which is displayed and used to calculate the...
Please make sure you are plotting this indicator on DAILY bars, not doing so will lead to unintended results. Also, make sure that you keep up to date the Risk-free interest rate, which you can consult (for U.S.) on ycharts.com. This is an indicator that is meant to be used for Options Day Trading, but it can be useful for mid-term or leaps for I also enabled...
In the team, we continue to explore and expand the boundaries of TradingView. For now, there is not much an options trader can do with options in TradingView. We wanted to change that and created a simple option pricer. You can set up in parameters a set of strikes, implied volatility, and days to expiry. The indicators will take a risk-free rate from US01Y...
Calculate position size & leverage the easy way! - Drag & drop entry + stop loss level - Input account size + risk size in the settings - Calculation plotted on table
Hey, folks! Sorry for not posting anything for such a long time. Don't have enough ideas and resources to get inspiration, so trying to brainstorm good stuff in my free time from university studies. But despite my absence more I now have 300+ people subscribed to me! Thanks, guys, for keeping interest for my work, as I still do value each boost on my script,...
In India Weekly options expire on Thursday and that creates a different price action candle than the week timeframe. My previous script Weekly Options Expiry Candle has some limitations. This script overcame those limitations and added some features. You can use this in any intraday time frame candle. It will show: All expiry candle in box format Expiry...
This indicator plots the calculated Expected Move for BOTH Weekly and Zero Dated Expiration (0DTE) Daily options, for a quick visual reference. Please Note: This indicator is different from our original "4C Expected Move (Weekly Options)" indicator, as it now packages the ability to ALSO plot 0DTE options expected moves along with Weekly expected moves. Many...
Modified this script by Daveatt (based on Ricardo Santos Fractals) to scan patterns in BTCUSD, ETHUSD, DVOL, DXY, DVOL/VV
Monthly options expiration for the year 2023. Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades. All the best traders.
All In One Key Levels - Displays key levels for any type of chart. Over 30 levels at your complete disposal. Filled with a host of features that allow you to customise the appearance and display of the indicator to suit your individual trading style. The result is a clear and concise indicator that helps traders easily identify key levels. - The indicator...
I designed this indicator to help me identify Option CALL and PUT signals for the QQQ and SPY on the 1 min chart. Summary of how it works 1. It identifies the Pre-Market channel High and Low and draws green and red lines for the day at these levels. 2. Waits for a morning or afternoon sessions breakout/breakdown of price out of that channel. 3. The buy a CALL or...
Hello, folks. Sorry for not posting anything for a long time, just busy with my university studies for the moment. Quick script for today — Smooth Step. You can search for it in Wikipedia, but saying shortly and informatively, this is just an advanced type of oscillator, used as momentum indicator. In the codes across the Internet everybody uses the 3rd order...