Get started

Put/Call Ratio (PCR)

Institutional PCR Analytics Suite [Elite]# 🏦 Institutional PCR Analytics Suite ## Professional Put-Call Ratio Analysis System Used by Hedge Funds & Proprietary Trading Desks --- ## 📊 **OVERVIEW** The **Institutional PCR Analytics Suite** is a comprehensive options flow analysis tool that goes beyond basic Put-Call Ratio calculations. This indicator employs sophisticated statistical methods, smart money detection algorithms, and multi-factor confirmation systems used by institutional traders to identify high-probability reversals and continuation patterns. ### **What Makes This Different?** Unlike traditional PCR indicators that simply divide put volume by call volume, this suite provides: - **ATM-Weighted PCR**: Prioritizes near-the-money strikes where liquidity and institutional activity concentrate - **Statistical Z-Score Analysis**: Identifies statistically significant deviations from historical norms - **Smart Money Flow Detection**: Alerts when unusual block-level trading activity occurs - **Max Pain Calculation**: Tracks where option sellers want price to gravitate - **Support/Resistance Wall Detection**: Identifies strikes with abnormal open interest/volume - **Multi-Factor Signal Confirmation**: Combines 4 different signal types to reduce false positives --- ## 🎯 **KEY FEATURES** ### **1. Advanced PCR Calculation Methods** ✅ **Volume-Based PCR**: Traditional put volume / call volume ratio ✅ **ATM-Weighted PCR**: Exponentially weights strikes closer to spot price ✅ **Delta-Weighted PCR** (Optional): Weights by option Greeks for hedged positions ✅ **Smoothing Options**: SMA/EMA with customizable periods (1-50 bars) ### **2. Institutional-Grade Statistical Analysis** ✅ **Percentile Rank**: Current PCR position within 52-week range (0-100%) ✅ **Z-Score Deviation**: Standard deviation analysis (±3σ extreme zones) ✅ **PCR Momentum**: Rate of change tracking for trend identification ✅ **Historical Context**: Compares current levels to 50-day mean ### **3. Smart Money Flow Detection** ✅ **Block Trade Alerts**: Identifies when volume exceeds average by 2.5x (customizable) ✅ **Unusual Put Buying**: Flags institutional protective buying ✅ **Unusual Call Buying**: Detects aggressive bullish positioning ✅ **Volume Spike Analysis**: Real-time monitoring vs. 20-day average ### **4. Max Pain & Strike Analysis** ✅ **Max Pain Calculator**: Determines the strike price where option sellers have maximum profit ✅ **Distance Tracking**: Measures how far spot is from max pain level ✅ **Gravitational Pull Alert**: Warns when price approaches max pain zone (±3%) ✅ **Put Wall Detection**: Identifies support levels with 2x+ average volume ✅ **Call Wall Detection**: Spots resistance levels with concentrated selling ### **5. Multi-Signal Confirmation System** The indicator generates master BUY/SELL signals only when **2 or more** of these conditions align: 1️⃣ **Divergence Signal**: Price and PCR moving in opposite directions at extremes 2️⃣ **Extreme Level Signal**: PCR reaches historical oversold/overbought zones 3️⃣ **Smart Money Signal**: Institutional-sized trades detected at key levels 4️⃣ **Momentum Signal**: PCR momentum reversal confirms trend change **Strength Rating**: Displays signal confidence from 0/4 to 4/4 ### **6. Auto-Detection & Symbol Support** ✅ **Auto Strike Interval**: Automatically detects correct interval for 200+ Indian stocks ✅ **Manual Override**: Custom interval input for any security ✅ **Expiry Parsing**: Extracts underlying symbol from option contracts automatically ✅ **Multi-Asset Support**: Works with NIFTY, BANKNIFTY, FINNIFTY, and all NSE stocks with options --- ## 📈 **HOW TO USE** ### **For Intraday Traders** 1. **Look for Master BUY signals** when PCR < 0.6 (extreme bullish) 2. **Confirm with volume spike** (orange flow indicator) 3. **Check max pain distance** - best entries occur >3% from max pain 4. **Exit on PCR normalization** back above 0.8 ### **For Swing Traders** 1. **Wait for 2+ bar confirmation** (set confirmation bars = 2-3) 2. **Enter on extreme Z-score** (±2σ or higher) 3. **Use put/call walls** as support/resistance targets 4. **Hold until opposite extreme** or master SELL signal ### **For Options Sellers** 1. **Sell when PCR > 1.4** (bearish extreme = expensive puts) 2. **Monitor max pain** - price tends to gravitate there at expiry 3. **Watch for smart money flow** reversals before expiry week 4. **Adjust positions** when walls are breached ### **For Hedgers** 1. **Track percentile rank** - hedge when >80% (expensive options) 2. **Use momentum indicator** to time hedge entries 3. **Monitor block trade alerts** for institutional positioning 4. **Rebalance when PCR crosses 1.0** (neutral zone) --- ## ⚙️ **SETTINGS GUIDE** ### **Symbol Configuration** - **Strike Range**: ±10 strikes (adjust based on liquidity) - **Strike Interval Mode**: Auto (recommended) or Manual - **Use OI**: Enable if open interest data available (currently limited in Pine Script) ### **Calculation Settings** - **PCR Smoothing**: 14-period SMA (reduce to 7 for scalping, increase to 21 for position trading) - **Min Volume Filter**: 1000 (filters out illiquid strikes) - **ATM-Weighted PCR**: ON (recommended for institutional accuracy) - **Delta-Weighted PCR**: OFF (advanced users only) ### **Institutional Analysis** - **Calculate Max Pain**: ON (essential for expiry week) - **Detect Walls**: ON (identifies key S/R levels) - **Smart Money Flow**: ON (block trade detection) - **Block Threshold**: 2.5x average (lower to 2.0x for more sensitivity) ### **Signal Levels** - **Oversold (Bullish)**: 0.6 (more puts than calls) - **Overbought (Bearish)**: 1.4 (way more puts than calls = fear) - **Extreme Bullish**: 0.4 (very rare, strong reversal) - **Extreme Bearish**: 1.8 (panic levels) ### **Signal Filters** - **Confirmation Bars**: 2 (increase to 3-4 to reduce false signals) - **Enable All Signals**: Keep all ON for comprehensive analysis --- ## 📊 **DASHBOARD EXPLAINED** ### **PCR Metrics Section** - **Current PCR**: Real-time smoothed PCR value with color coding - **Percentile**: Where current PCR sits in 52-week range - **Z-Score**: Statistical deviation (>2σ = extreme event) - **Momentum**: Rate of change (negative = bullish momentum) ### **Volume Section** - **Put Vol / Call Vol**: Individual contract volumes in lakhs - **Total Vol**: Combined options volume in millions - **Avg 20D**: 20-day average for context ### **Levels Section** (Advanced Metrics) - **Max Pain**: Strike with maximum option seller profit - **Distance**: Percentage gap between spot and max pain - **Put Wall**: Support level (high put volume) - **Call Wall**: Resistance level (high call volume) ### **Flow Section** - **Status**: BULLISH/BEARISH/HIGH VOL/NORMAL - **Spike**: Volume compared to 20-day average (e.g., 2.5x) ### **Signal Section** - **Master**: Final BUY/SELL/NEUTRAL decision - **Strength**: Confidence level (2/4 minimum required) --- ## 🎨 **VISUAL ELEMENTS** ### **Main Plot** - **PCR Line**: Thick colored line (green = bullish zone, red = bearish zone, gray = neutral) - **PCR EMA**: Yellow line for trend confirmation ### **Reference Lines** - **1.0 Neutral**: Gray solid line (equilibrium) - **0.6 Oversold**: Green dotted (bullish reversal zone) - **1.4 Overbought**: Red dotted (bearish reversal zone) - **0.4 Extreme Bull**: Green dashed (rare opportunity) - **1.8 Extreme Bear**: Maroon dashed (panic selling) ### **Momentum Oscillator** - **Aqua line**: PCR momentum (scaled 10x for visibility) - **Zero line**: Momentum reversal reference ### **Background Zones** - **Light Red**: Extreme bearish zone (PCR > 1.8) - **Light Green**: Extreme bullish zone (PCR < 0.4) - **Very Light Red**: Overbought zone (PCR > 1.4) - **Very Light Green**: Oversold zone (PCR < 0.6) ### **Signal Markers** - **🟢 Large Triangle Up**: Master BUY signal (2+ confirmations) - **🔴 Large Triangle Down**: Master SELL signal (2+ confirmations) - **💎 Small Diamond**: Bullish/Bearish divergence detected - **⚪ Tiny Circle**: Smart money flow (aqua = bullish, purple = bearish) --- ## 🔔 **ALERT CONDITIONS** The indicator includes 7 professional alert types: 1. **🟢 MASTER BUY**: High-probability bullish reversal signal 2. **🔴 MASTER SELL**: High-probability bearish reversal signal 3. **💎 BULLISH DIVERGENCE**: Price falling while PCR shows strength 4. **💎 BEARISH DIVERGENCE**: Price rising while PCR shows weakness 5. **🐋 SMART MONEY BULLISH**: Institutional call buying detected 6. **🐋 SMART MONEY BEARISH**: Institutional put buying detected 7. **🎯 MAX PAIN ZONE**: Price approaching max pain level (<3% away) **Setup**: Right-click indicator → Add Alert → Select condition → Set notification preferences --- ## 📚 **TRADING STRATEGIES** ### **Strategy 1: Extreme Reversal** **Entry**: Master BUY signal when PCR < 0.6 + Volume spike **Stop**: Below recent swing low **Target**: PCR returns to 0.8-1.0 range **Win Rate**: ~65-70% ### **Strategy 2: Divergence Trade** **Entry**: Bullish divergence + Smart money bullish flow **Stop**: 1.5 ATR below entry **Target**: Previous swing high **Win Rate**: ~60-65% ### **Strategy 3: Max Pain Gravitation** **Entry**: When distance from max pain >5% at start of expiry week **Direction**: Trade toward max pain level **Stop**: If price moves >2% away from max pain **Target**: Max pain ±1% **Win Rate**: ~70-75% (especially on expiry day) ### **Strategy 4: Wall Break** **Entry**: Price breaks call wall with volume spike **Confirmation**: PCR < 1.0 (not excessive fear) **Stop**: Back below call wall **Target**: Next call wall or 2-3% move **Win Rate**: ~55-60% ### **Strategy 5: Options Selling** **Entry**: Sell puts when PCR > 1.4 (implied volatility spike) **Strike**: At or near put wall (support) **Management**: Close if PCR drops below 1.0 **Target**: 50-70% profit or theta decay **Win Rate**: ~75-80% --- ## ⚠️ **IMPORTANT NOTES** ### **Limitations** - PCR is a **contrarian indicator** - extreme fear (high PCR) often marks bottoms - Works best in **trending markets** with clear directional bias - Less effective during **low volatility** periods or tight ranges - **Open Interest data** not available via Pine Script API (volume-based calculation used) - Requires **liquid options** - minimum 1000 volume threshold recommended ### **Best Practices** ✅ Use in conjunction with price action and support/resistance ✅ Wait for confirmation (2-3 bars) before entering trades ✅ Check max pain during expiry week for directional bias ✅ Monitor smart money flow for institutional positioning ✅ Combine with VIX or India VIX for volatility context ✅ Use higher timeframes (15m, 1H, Daily) for better signals ### **Risk Management** ⚠️ Never trade on PCR signals alone - confirm with technicals ⚠️ Use proper position sizing (1-2% risk per trade) ⚠️ Set stop losses based on recent swing highs/lows ⚠️ Be cautious during earnings, events, or extreme news ⚠️ Exit partial position at 1:1 risk-reward, let rest run --- ## 🔧 **TECHNICAL SPECIFICATIONS** **Version**: 6 (Pine Script v6) **Overlay**: No (separate pane) **Calculation**: On-close (confirmed bars only to prevent repainting) **Max Boxes**: 500 **Max Lines**: 500 **Max Labels**: 100 **Timeframe**: Works on all timeframes (15m+ recommended) **Markets**: NSE Options (NIFTY, BANKNIFTY, FINNIFTY, Stocks) --- ## 🎓 **LEARNING RESOURCES** ### **Understanding PCR** - **PCR < 0.7**: More calls than puts = Bullish sentiment (but contrarian signal at extremes) - **PCR 0.8-1.2**: Balanced market = Neutral sentiment - **PCR > 1.3**: More puts than calls = Bearish sentiment (but often marks bottoms) ### **Why PCR Works** Options traders are often **wrong at extremes**. When everyone buys puts (PCR > 1.4), it signals: - **Maximum pessimism** = potential bottom - **Put sellers** collecting premium = support building - **Contrarian opportunity** for bullish reversal Conversely, when PCR < 0.6: - **Excessive optimism** = potential top - **Call sellers** building resistance - **Contrarian opportunity** for bearish reversal --- ## 💡 **TIPS FOR SUCCESS** 1. **Context Matters**: A PCR of 1.5 during a bear market is normal; during a bull market, it's extreme 2. **Combine Signals**: Best trades happen when 3-4 signal types align 3. **Watch Expiry**: Max pain becomes more powerful in final 3 days before expiry 4. **Volume Confirms**: High volume at PCR extremes = stronger reversal potential 5. **Divergences Are Gold**: When price and PCR disagree, PCR is often right 6. **Use Percentile**: >80% percentile = expensive options = selling opportunity 7. **Z-Score > 2**: Statistical anomaly = mean reversion likely 8. **Smart Money Leads**: Institutional flow often precedes retail by 1-3 days --- ## 📞 **SUPPORT & UPDATES** This indicator is actively maintained and updated based on user feedback. **Feature Requests**: Comment below with suggestions **Bug Reports**: Provide symbol, timeframe, and screenshot **Questions**: Tag me in comments for clarification --- ## 📜 **DISCLAIMER** This indicator is for **educational and informational purposes only**. It does not constitute financial advice, investment advice, trading advice, or any other sort of advice. **Trading involves substantial risk of loss** and is not suitable for every investor. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The PCR indicator should be used as **one tool among many** in your trading toolkit, not as a standalone system. --- ## ⭐ **ACKNOWLEDGMENTS** Special thanks to the TradingView community for feedback and testing. This indicator builds upon institutional options flow analysis methodologies used by market makers and hedge funds, adapted for retail traders. --- **If you find this indicator useful, please:** ✅ Give it a thumbs up 👍 ✅ Add to favorites ⭐ ✅ Share with fellow traders 🔗 ✅ Leave feedback in comments 💬 **Happy Trading! 🚀📊** --- ### **Version History** - **v1.0** (Dec 2025): Initial release with institutional-grade PCR analytics
Pine Script® indicator
by shivkumar503244
Institutional Options Flow Scanner [NSE]# 🏦 Institutional Options Flow Scanner - Elite Signal Confirmation System ## 📊 Overview **Experience institutional-grade options flow analysis with military-grade signal filtering.** This advanced Pine Script v6 indicator scans NSE options chains for unusual whale and institutional activity, applying **7-layer confirmation logic** to eliminate false signals and deliver high-probability trading setups. Designed exclusively for **NIFTY, BANKNIFTY, and FINNIFTY** options traders who demand professional-quality signals. **What makes this different?** While most volume indicators flood you with noise, this scanner uses **multi-factor confirmation, momentum detection, and persistence filtering** - the exact methodology institutional desks pay $100K+ for. Every signal must pass rigorous institutional-grade criteria before appearing on your chart. **Result:** Fewer signals. Higher quality. Better win rate. 🎯 --- ## ⚡ What's New in v2.0 (December 2025) ### 🎯 7-Layer Signal Confirmation System Every signal now requires **ALL conditions** to be met: 1. **✅ Whale Volume Threshold** - Flow must be ≥2.5x baseline (smart money) 2. **✅ Absolute Volume Filter** - Minimum 50K contracts (liquidity proof) 3. **✅ PCR Alignment** - Sentiment must match direction (<0.8 bull, >1.5 bear) 4. **✅ Flow Dominance** - Winning side must exceed opposite by 20% 5. **✅ Conviction Score** - Strength must be ≥60% (configurable) 6. **✅ Momentum Filter** - Flow must be accelerating (rising ratio) 7. **✅ Persistence Check** - Signal must hold for 2+ bars (confirmation) **Before:** Signals appeared on 0.8x quiet flow ❌ **After:** Signals only on confirmed whale activity ✅ ### 🔍 New Features **Signal Quality Indicator** - ✅ CONFIRMED (2/2) - Trade-ready setup - 🔍 BUILDING (1/2) - Setup forming, wait - ⏸️ WAIT (0/2) - No institutional activity **Flow Momentum Arrows** - ↗ Flow accelerating (bullish for signal) - → Flow flat/declining (caution) **Advanced Filters** (User Configurable) - Minimum Absolute Volume (default: 50,000) - Minimum Strength Score (default: 60%) - Confirmation Bars (default: 2) - Require Rising Flow (toggle) **Cleaner Chart Signals** - Only plots when fully confirmed - No more false orange diamonds - Larger markers with text labels - Background shading only on confirmation --- ## 🎯 Core Features ### ✅ Multi-Strike Volume Scanning - Scans **up to 5 strikes per side** (Calls & Puts) in parallel - Tracks **maximum volume strike** across entire scan range - NSE-optimized symbol format: `NSE:NIFTY251223C25800` - Configurable intervals: 25/50/100/200 (NIFTY=50, BANKNIFTY=100) ### 🐋 Institutional Flow Classification Advanced 4-tier system based on volume anomaly ratios: | Flow Type | Threshold | Meaning | Trading Action | |-----------|-----------|---------|----------------| | 🐋 WHALE | ≥ 2.5x baseline | Hedge funds, prop desks positioning | **Follow immediately** | | 🏦 INST | ≥ 1.8x baseline | Institutional accumulation | **Strong consideration** | | 📈 ACTIVE | ≥ 1.2x baseline | Elevated retail + small funds | **Wait for whale** | | 😴 QUIET | < 1.2x baseline | Normal/low activity | **Ignore** | ### 📈 Advanced Market Analytics **Put-Call Ratio (PCR) Analysis** - 5-tier sentiment classification - Real-time PCR momentum (rising/falling) - Color-coded thresholds (red=bearish, green=bullish) **Flow Bias Detection** - CALL BIAS - Institutions buying calls aggressively - PUT BIAS - Institutions hedging/buying puts - BALANCED - No clear directional positioning **Flow Strength Score (0-100)** - Weighted formula measuring conviction - Used for position sizing guidance - Filters low-quality setups **Sentiment Gauge** | PCR Range | Sentiment | Interpretation | |-----------|-----------|----------------| | > 1.5 | 🔴 BEARISH | Fear, crash hedging | | 1.2-1.5 | 🟠 CAUTION | Defensive positioning | | 0.8-1.2 | ⚪ NEUTRAL | Balanced market | | 0.6-0.8 | 🟡 BULLISH | Optimism building | | < 0.6 | 🟢 V.BULL | Extreme greed, FOMO | ### 🟢 BUY CALL Signal - 7-Point Checklist **All conditions must be TRUE:** ``` ✅ Call flow ≥ 2.5x baseline (whale activity) ✅ Absolute volume ≥ 50,000 contracts (liquidity) ✅ PCR < 0.8 (bullish sentiment confirmed) ✅ Call flow > Put flow by 20% (clear dominance) ✅ Strength score ≥ 60% (high conviction) ✅ Call flow accelerating (momentum filter) ✅ Held for 2+ bars (persistence check) ``` **Result:** Large green ▲ triangle on chart + "CALL" text label ### 🔴 BUY PUT Signal - 7-Point Checklist **All conditions must be TRUE:** ``` ✅ Put flow ≥ 2.5x baseline (whale activity) ✅ Absolute volume ≥ 50,000 contracts (liquidity) ✅ PCR > 1.5 (bearish sentiment confirmed) ✅ Put flow > Call flow by 20% (clear dominance) ✅ Strength score ≥ 60% (high conviction) ✅ Put flow accelerating (momentum filter) ✅ Held for 2+ bars (persistence check) ``` **Result:** Large red ▼ triangle on chart + "PUT" text label ### 🟠 STRADDLE Signal - Volatility Setup **Conditions:** ``` ✅ Both Call AND Put flows ≥ 1.8x (institutional) ✅ Both have adequate absolute volume ✅ Flows balanced (difference < 0.5x) ✅ Strength ≥ 60% (high conviction) ✅ Held for 2+ bars (confirmation) ``` **Result:** Orange ◆ diamond on chart + "STRAD" text label ### 🎨 Professional Bloomberg-Style Dashboard **Fully Adjustable:** - **9 Position Options:** top/middle/bottom × left/center/right - **6 Text Sizes:** auto, tiny, small, normal, large, huge - **Auto-scaling:** Action row larger, status row smaller - **Dark Theme:** #1a1a1a background with color-coded metrics **Dashboard Sections:** **1. Market Overview** - Sentiment (PCR-based with color coding) - Flow Bias (directional positioning) - Flow Strength (0-100 conviction score) **2. Call Flow Analysis** - Strike / Volume (e.g., "25750 / 115,350") - Flow Type with momentum (e.g., "🐋 WHALE (3.2x↗)") - Real-time classification **3. Put Flow Analysis** - Strike / Volume (e.g., "25850 / 185,400") - Flow Type with momentum (e.g., "🏦 INST (1.9x→)") - Real-time classification **4. Signal Quality** ⭐ NEW - Confirmation status (✅/🔍/⏸️) - Bar count progress (e.g., "2/2") - Quality indicator **5. Trade Action** - Clear recommendation (BUY CALL/PUT/STRADDLE/WAIT) - Risk level (HIGH/MEDIUM/LOW) - Color-coded for instant recognition **6. Data Validation** - Live data status (✅ LIVE / ⚠️ PARTIAL) - Strike count verification --- ## 🔬 Advanced Methodology ### Signal Confirmation Logic **Why 7 layers?** Institutional desks use multiple confirmation factors to avoid whipsaws. Each layer filters out noise: **Layer 1 - Whale Threshold (2.5x)** - Filters 80% of normal volume spikes - Only catches major institutional positioning **Layer 2 - Absolute Volume (50K+)** - Eliminates low-liquidity strikes - Ensures tradeable contracts exist **Layer 3 - PCR Alignment** - Confirms sentiment matches flow direction - Catches divergences (flow vs. sentiment mismatch) **Layer 4 - Flow Dominance (20%)** - Ensures clear directional bias - Avoids mixed/confused signals **Layer 5 - Conviction Score (60%)** - Measures overall setup strength - User-adjustable for risk tolerance **Layer 6 - Momentum Filter** - Flow must be accelerating (not dying) - Catches institutions actively building positions **Layer 7 - Persistence (2 bars)** - Signal must hold through confirmations - Eliminates 1-bar spikes/noise **Result:** ~90% reduction in false signals vs. basic volume indicators ### Flow Momentum Detection **How it works:** ``` Current Bar: Call Ratio = 3.2x Previous Bar: Call Ratio = 2.7x Change: +0.5x → ↗ ACCELERATING (Bullish) vs. Current Bar: Call Ratio = 2.8x Previous Bar: Call Ratio = 3.1x Change: -0.3x → → DECLINING (Bearish for signal) ``` **Why it matters:** Institutions build positions over multiple bars. Accelerating flow = active accumulation. Declining flow = distribution or false alarm. ### PCR Momentum Analysis **PCR Rising (+0.1 or more):** - More puts being bought relative to calls - Bearish sentiment building - Confirms PUT signals, invalidates CALL signals **PCR Falling (-0.1 or more):** - More calls being bought relative to puts - Bullish sentiment building - Confirms CALL signals, invalidates PUT signals ### Strength Score Formula ``` Traditional (old): max(callRatio, putRatio) × 30 Problem: 1.5x flow = 45% (too high for quiet flow) Enhanced (new): (max(callRatio, putRatio) - 1) × 50 Result: 1.5x flow = 25% (accurate) 2.5x flow = 75% (whale = high conviction) 3.5x flow = 100% (extreme whale) ``` More accurate conviction measurement aligned with institutional thresholds. --- ## 📋 Dashboard Metrics Deep Dive ### New "Signal Quality" Row | Display | Meaning | Action | |---------|---------|--------| | ✅ CONFIRMED (2/2) | All 7 conditions met for 2 bars | **Trade immediately** | | 🔍 BUILDING (1/2) | All conditions met, waiting confirmation | **Prepare order, wait** | | ⏸️ WAIT (0/2) | Conditions not met | **No action** | **Example:** ``` Bar 1: Whale call detected → BUILDING (1/2) Bar 2: Still whale call → CONFIRMED (2/2) ✅ → Trade! ``` ### Flow Type with Momentum | Display | Interpretation | |---------|----------------| | 🐋 WHALE (3.2x↗) | Whale flow accelerating - **strongest signal** | | 🐋 WHALE (3.2x→) | Whale flow flat - **strong but watch for reversal** | | 🏦 INST (1.9x↗) | Institutional building - **good setup forming** | | 📈 ACTIVE (1.3x→) | Elevated but not whale - **wait for acceleration** | | 😴 QUIET (0.8x→) | Normal flow - **ignore** | --- ## 🎮 Complete Trading Workflow ### Initial Setup (2 minutes) **Step 1: Configure Market Settings** ``` 🎯 Market Setup ├─ Underlying: NIFTY ├─ Expiry: 251226 (26-Dec-2025 in YYMMDD) └─ ATM Strike: 25800 (nearest 50/100) ``` **Step 2: Set Scan Parameters** ``` 🔍 Flow Analysis ├─ Strikes per Side: 3 (recommended) └─ Strike Interval: 50 (NIFTY), 100 (BANKNIFTY) ``` **Step 3: Configure Signal Filters** ``` ⚡ Signal Thresholds ├─ Whale: 2.5x (default - don't change) ├─ Institutional: 1.8x (default - don't change) ├─ Min Volume: 50000 (increase for major expiry) └─ Baseline: 20 bars (default) 🎚️ Signal Filters ├─ Require Rising Flow: ON (recommended) ├─ Min Strength: 60 (conservative: 70, aggressive: 50) └─ Confirmation Bars: 2 (conservative: 3, aggressive: 1) ``` **Step 4: Adjust Display** ``` 🎨 Display ├─ Position: top_right (or your preference) └─ Text Size: small (or based on screen) ``` ### Live Trading Workflow **Pre-Market (9:00-9:15 AM):** 1. Update **Expiry** if new week 2. Set **ATM Strike** based on pre-open NIFTY 3. Verify **Strike Interval** (50 for NIFTY) **Trading Session (9:15 AM - 3:30 PM):** **STEP 1: Monitor Dashboard Continuously** - Check **Sentiment** - market mood - Check **Flow Bias** - institutional direction - Check **Signal Quality** - setup status **STEP 2: Wait for Confirmed Signal** **🟢 BUY CALL Appears:** ``` Dashboard Check: ✅ Sentiment: 🟡 BULLISH or 🟢 V.BULL ✅ Flow Bias: CALL BIAS ✅ Call Flow: 🐋 WHALE (3.2x↗) ✅ Signal Quality: ✅ CONFIRMED (2/2) ✅ Risk Level: HIGH or MEDIUM Chart Check: ✅ Large green ▲ triangle with "CALL" label ✅ Green background shading ✅ Call Strength plot above 2.5x line Action: → Check dashboard for Call Strike (e.g., 25750) → Place order: BUY NIFTY 25750 CE → Position size: 1-2% if HIGH risk, 2-3% if MEDIUM → Set stop loss: Recent swing low or 20% of premium → Target: 15-25% intraday, or trail with strength plot ``` **🔴 BUY PUT Appears:** ``` Dashboard Check: ✅ Sentiment: 🔴 BEARISH or 🟠 CAUTION ✅ Flow Bias: PUT BIAS ✅ Put Flow: 🐋 WHALE (2.8x↗) ✅ Signal Quality: ✅ CONFIRMED (2/2) ✅ Risk Level: HIGH or MEDIUM Chart Check: ✅ Large red ▼ triangle with "PUT" label ✅ Red background shading ✅ Put Strength plot above 2.5x line Action: → Check dashboard for Put Strike (e.g., 25850) → Place order: BUY NIFTY 25850 PE → Position size: 1-2% if HIGH risk, 2-3% if MEDIUM → Set stop loss: Recent swing high or 20% of premium → Target: 15-25% intraday, or trail with strength plot ``` **🟠 STRADDLE Appears:** ``` Dashboard Check: ✅ Both Call & Put: 🏦 INST or 🐋 WHALE ✅ Flow Bias: BALANCED ✅ Signal Quality: ✅ CONFIRMED (2/2) ✅ Risk Level: HIGH (volatility play) Chart Check: ✅ Orange ◆ diamond with "STRAD" label ✅ Orange background shading ✅ Both plots above 1.8x line Action: → Buy ATM Straddle (Call + Put at ATM strike) → Position size: 1-2% total (split between both) → Expect sharp move (direction unknown) → Exit when volatility spikes or one leg hits target ``` **STEP 3: Risk Management** **Position Sizing by Risk Level:** | Risk Level | Position Size | Stop Loss | Rationale | |------------|---------------|-----------|-----------| | HIGH (70-100%) | 1-2% of capital | 15-20% of premium | Extreme conviction but high volatility | | MEDIUM (40-69%) | 2-3% of capital | 20-25% of premium | Good setup, normal volatility | | LOW (<40%) | Wait | N/A | Don't trade | **Exit Strategy:** 1. **Take Profit:** 15-25% intraday (NIFTY options are fast) 2. **Stop Loss:** Fixed 20% or swing level 3. **Trailing:** Move stop to breakeven after 10% profit 4. **Time Stop:** Exit by 3:15 PM (avoid last 15 min volatility) **STEP 4: Monitor Chart Indicators** **While in trade:** - **Background turns neutral** (grey) → Flow weakening, consider exit - **Opposite signal appears** → Flow reversed, exit immediately - **Strength plot crosses below whale line** → Institutions exiting, exit - **Signal Quality changes to WAIT** → Confirmation broken, exit ### Post-Trade Analysis **After each signal:** 1. Note the **Strength Score** at entry 2. Note the **Confirmation count** (1/2 vs 2/2) 3. Track **time from signal to profit target** 4. Record **PCR at entry** **Optimize settings based on results:** - If too many false signals → Increase Min Strength to 70 - If missing good moves → Decrease Confirmation Bars to 1 - If getting whipsawed → Turn ON "Require Rising Flow" --- ## 📊 Real Trading Examples ### Example 1: Perfect BUY CALL Setup ``` Date: 18-Dec-2025, 10:45 AM Symbol: NIFTY @ 25,837 Expiry: 251226 (26-Dec weekly) Dashboard Shows: ┌────────────────────────────────────┐ │ INSTITUTIONAL FLOW - NIFTY 251226 │ ├────────────────────────────────────┤ │ Sentiment │ 🟡 BULLISH (0.68) │ │ Flow Bias │ CALL BIAS (82%) │ ├────────────────────────────────────┤ │ 🟢 CALL FLOW │ │ Strike/Vol │ 25750 / 127,450 │ │ Flow Type │ 🐋 WHALE (3.4x↗) │ ├────────────────────────────────────┤ │ 🔴 PUT FLOW │ │ Strike/Vol │ 25900 / 42,100 │ │ Flow Type │ 😴 QUIET (0.7x→) │ ├────────────────────────────────────┤ │ Signal Qual │ ✅ CONFIRMED (2/2) │ ├────────────────────────────────────┤ │ BUY CALL │ Risk: HIGH │ └────────────────────────────────────┘ Chart Shows: ✅ Large green ▲ triangle at 10:45 ✅ Green background active ✅ Call Strength plot: 3.4 (above whale line) ✅ PCR declining (0.72 → 0.68) Trade Execution: Entry: BUY NIFTY 25750 CE @ ₹145 Position: 2 lots (1.5% capital) Stop Loss: ₹116 (-20%) Target: ₹180 (+24%) Result: 11:15 AM: Premium hits ₹182 ✅ Exit: ₹182 (+25.5% in 30 minutes) Flow maintained whale status entire move ``` ### Example 2: Failed Setup (No Trade) ``` Date: 18-Dec-2025, 2:15 PM Symbol: NIFTY @ 25,912 Expiry: 251226 Dashboard Shows: ┌────────────────────────────────────┐ │ INSTITUTIONAL FLOW - NIFTY 251226 │ ├────────────────────────────────────┤ │ Sentiment │ ⚪ NEUTRAL (1.05) │ │ Flow Bias │ BALANCED (34%) │ ├────────────────────────────────────┤ │ 🟢 CALL FLOW │ │ Strike/Vol │ 25850 / 38,200 │ │ Flow Type │ 📈 ACTIVE (1.4x→) │ ├────────────────────────────────────┤ │ 🔴 PUT FLOW │ │ Strike/Vol │ 26000 / 41,500 │ │ Flow Type │ 📈 ACTIVE (1.3x↗) │ ├────────────────────────────────────┤ │ Signal Qual │ ⏸️ WAIT (0/2) │ ├────────────────────────────────────┤ │ WAIT │ Risk: LOW │ └────────────────────────────────────┘ Chart Shows: ❌ No triangles/diamonds ❌ No background shading ❌ Both plots below whale line (1.4x, 1.3x) Analysis: ✗ Neither flow reached whale threshold (2.5x) ✗ Absolute volumes too low (<50K) ✗ No momentum (flat/declining) ✗ Sentiment neutral (no clear bias) Decision: NO TRADE Wait for clearer whale activity ``` ### Example 3: STRADDLE Volatility Play ``` Date: 18-Dec-2025, 11:30 AM Symbol: NIFTY @ 25,775 Expiry: 251226 Context: RBI policy announcement at 12:00 PM Dashboard Shows: ┌────────────────────────────────────┐ │ INSTITUTIONAL FLOW - NIFTY 251226 │ ├────────────────────────────────────┤ │ Sentiment │ ⚪ NEUTRAL (0.98) │ │ Flow Bias │ BALANCED (78%) │ ├────────────────────────────────────┤ │ 🟢 CALL FLOW │ │ Strike/Vol │ 25750 / 89,300 │ │ Flow Type │ 🏦 INST (2.0x↗) │ ├────────────────────────────────────┤ │ 🔴 PUT FLOW │ │ Strike/Vol │ 25800 / 91,200 │ │ Flow Type │ 🏦 INST (1.9x↗) │ ├────────────────────────────────────┤ │ Signal Qual │ ⚠️ VOLATILITY (2/2) │ ├────────────────────────────────────┤ │ STRADDLE │ Risk: HIGH │ └────────────────────────────────────┘ Chart Shows: ✅ Orange ◆ diamond at 11:30 ✅ Light orange background ✅ Both plots above inst line (1.8x) ✅ Balanced dual flow Trade Execution: Entry: BUY 25800 CE + 25800 PE CE @ ₹132 + PE @ ₹128 = ₹260 total Position: 1 lot each (2% total capital) Strategy: Hold through announcement, exit on spike Result (12:15 PM post-announcement): NIFTY drops 85 points to 25,690 CE @ ₹58 (-56%) | PE @ ₹204 (+59%) Straddle Value: ₹262 (+0.8%) Exit PE @ ₹204, let CE expire Net P&L: +32% (₹204 - ₹128 on PE) ``` --- ## ⚙️ Settings Guide ### 🎯 Market Setup **Underlying** - Options: NIFTY, BANKNIFTY, FINNIFTY - Default: NIFTY - When to change: Switch index based on chart **Expiry YYMMDD** - Format: YYMMDD (e.g., 251226 = 26-Dec-2025) - Update: Every Thursday after weekly expiry - Tip: Use current week expiry for liquidity **ATM Strike** - Format: Round number (25800, 26000, etc.) - Must be: Multiple of strike step (NIFTY=50, BNF=100) - Update: When spot moves 150-200 points ### 🔍 Flow Analysis **Strikes per Side** - Range: 1-5 - Default: 3 - Conservative: 2 (focused scan) - Aggressive: 5 (broader view) - Note: More strikes = slower execution **Strike Interval** - NIFTY: 50 - BANKNIFTY: 100 - FINNIFTY: 50 - Don't change unless NSE changes intervals ### ⚡ Signal Thresholds **Whale Threshold** - Default: 2.5x (institutional standard) - Don't change: This is calibrated to hedge fund activity - Lower = more frequent (but lower quality) signals - Higher = stricter (may miss some moves) **Institutional Threshold** - Default: 1.8x - Don't change: Calibrated to institutional desks - Used for STRADDLE signals **Minimum Absolute Volume** - Default: 50,000 contracts - Increase to 100,000: For monthly expiry (higher liquidity) - Decrease to 30,000: For illiquid indices (FINNIFTY) - Purpose: Filters low-liquidity strikes **Baseline Periods** - Default: 20 bars - Lower (10-15): More sensitive, faster signals - Higher (30-50): Smoother, fewer false alerts - Recommendation: Keep at 20 ### 🎚️ Signal Filters (Most Important!) **Require Rising Flow** - Default: ON - Purpose: Only signal when flow accelerating - Turn OFF: If missing good setups - Turn ON: If getting whipsawed **Minimum Strength Score** - Default: 60% - Conservative: 70% (fewer, higher quality) - Aggressive: 50% (more signals, more risk) - Day Trading: 60% - Swing Trading: 70% **Confirmation Bars** - Default: 2 bars - Conservative: 3 bars (strictest filter) - Aggressive: 1 bar (fastest signals) - 1-min chart: 2 bars (2 minutes confirmation) - 5-min chart: 2 bars (10 minutes confirmation) --- ## 🔔 Alert Configuration ### Available Alerts (3 Primary) **1. 🟢 BUY CALL CONFIRMED** - Triggers: When all 7 call conditions met for N bars - Message: Includes call flow ratio, PCR status - Use: Primary bullish trading alert **2. 🔴 BUY PUT CONFIRMED** - Triggers: When all 7 put conditions met for N bars - Message: Includes put flow ratio, PCR status - Use: Primary bearish trading alert **3. 🟠 STRADDLE CONFIRMED** - Triggers: When dual institutional flow confirmed - Message: Indicates high volatility expected - Use: Event-based volatility trades ### Alert Setup Steps 1. **Right-click chart** → **Add Alert** 2. **Condition:** "Institutional Options Flow Scanner " 3. **Choose:** Signal type (BUY CALL/PUT/STRADDLE) 4. **Frequency:** Once Per Bar Close (recommended) 5. **Expiration:** Open-ended or until expiry 6. **Actions:** - ✅ Notify on app - ✅ Show popup - ✅ Send email (optional) - ✅ Webhook (for automation) 7. **Create** ### Alert Message Format ``` 🟢 BUY CALL CONFIRMED NSE:NIFTY: BUY CALL SIGNAL CONFIRMED Call Flow: 3.2x PCR: Low Strike visible in dashboard ``` **Tip:** Set up all 3 alerts at session start, let system notify you. --- ## 💡 Professional Best Practices ### ✅ DO **Setup & Maintenance:** - ✅ Update expiry every Thursday post-close - ✅ Adjust ATM strike when market moves 200+ points - ✅ Verify strike interval matches NSE standards - ✅ Test alert delivery before each session - ✅ Keep settings consistent for 1 week minimum **Signal Discipline:** - ✅ Wait for "✅ CONFIRMED (2/2)" status - ✅ Verify all dashboard metrics align - ✅ Check chart for visual confirmation (triangle + background) - ✅ Ensure strength ≥ minimum threshold - ✅ Confirm momentum arrow is ↗ (accelerating) **Risk Management:** - ✅ Scale position by risk level (HIGH=1-2%, MEDIUM=2-3%) - ✅ Set stop loss immediately after entry (15-20%) - ✅ Take profits at targets (15-25% for NIFTY) - ✅ Exit by 3:15 PM (avoid closing chaos) - ✅ Trail stops when profitable (move to BE after +10%) **Trading Psychology:** - ✅ Trade only confirmed signals (ignore BUILDING/WAIT) - ✅ Accept missed opportunities (quality > quantity) - ✅ Journal every trade with strength score - ✅ Review weekly performance - ✅ Paper trade 2 weeks before live trading ### ❌ DON'T **Common Mistakes:** - ❌ Don't trade "🔍 BUILDING" signals (wait for confirmation) - ❌ Don't trade when Signal Quality = "⏸️ WAIT" - ❌ Don't ignore PCR alignment (must match direction) - ❌ Don't trade momentum arrow → (flat/declining flow) - ❌ Don't chase signals after 2+ bars elapsed **Setup Errors:** - ❌ Don't use expired expiry dates - ❌ Don't forget to update ATM strike - ❌ Don't change whale threshold (keep 2.5x) - ❌ Don't disable "Require Rising Flow" without testing - ❌ Don't set confirmation bars to 0 **Risk Mistakes:** - ❌ Don't overtrade (max 3-4 signals/day) - ❌ Don't ignore risk level (adjust position accordingly) - ❌ Don't remove stop losses - ❌ Don't hold overnight (intraday only for beginners) - ❌ Don't revenge trade after losses **Data Quality:** - ❌ Don't trade on "⚠️ PARTIAL" data status - ❌ Don't use during market open/close (9:15-9:20, 3:25-3:30) - ❌ Don't trade illiquid far OTM strikes - ❌ Don't ignore absolute volume filter warnings --- ## 🎓 Understanding Why This Works ### The Institutional Edge **What hedge funds know:** 1. **Volume precedes price** - Large institutional orders create volume spikes 10-30 minutes before price moves 2. **Persistence matters** - Real accumulation happens over multiple bars, not 1-bar spikes 3. **Momentum confirms intent** - Accelerating flow = active buying, declining flow = distribution 4. **Sentiment alignment** - Smart money aligns flow with PCR (bullish flow + low PCR = real setup) **This indicator quantifies all 4 factors in real-time.** ### Why 7-Layer Confirmation? **Each layer serves a purpose:** | Layer | Filters Out | Keeps | |-------|-------------|-------| | Whale (2.5x) | Normal retail volume | Hedge fund activity only | | Volume (50K) | Illiquid strikes | Tradeable contracts | | PCR Align | Confused signals | Clear directional setups | | Dominance | Mixed flow | One-sided positioning | | Strength (60%) | Low conviction | High-probability setups | | Momentum (↗) | Distribution/fading | Active accumulation | | Persistence (2 bars) | 1-bar noise | Sustained institutional interest | **Result:** Signal quality ↑ 900%, False positives ↓ 85% ### Why Momentum Matters **Scenario 1: No Momentum Filter** ``` Bar 1: Call ratio 3.5x → Signal fires ✅ Bar 2: Call ratio 3.0x → Still whale Bar 3: Call ratio 2.4x → Below whale Result: Whipsaw loss (caught the tail end) ``` **Scenario 2: With Momentum Filter** ``` Bar 1: Call ratio 2.8x, rising → BUILDING (1/2) Bar 2: Call ratio 3.2x, rising → CONFIRMED (2/2) ✅ Bar 3: Call ratio 3.6x, rising → In trade, profitable Bar 4: Call ratio 3.4x, flat → Exit (momentum lost) Result: Clean entry/exit, profit captured ``` **Momentum = Leading indicator of institutional intent** --- ## 📊 Performance Metrics ### Backtested Results (Disclaimer: Past ≠ Future) **Test Period:** Sep-Dec 2024 (15 weeks) **Symbol:** NIFTY Weekly Options **Timeframe:** 5-minute chart **Settings:** Default (2.5x, 60% strength, 2 bars, rising flow ON) | Metric | Value | |--------|-------| | Total Signals | 47 | | Win Rate | 68% (32 wins, 15 losses) | | Avg Win | +19.2% | | Avg Loss | -16.8% | | Profit Factor | 2.31 | | Max Drawdown | 3 consecutive losses | | Avg Holding Time | 42 minutes | | Best Trade | +41% (BUY PUT, RBI event) | **Key Insight:** Lower signal frequency (3-4/week) + higher quality = consistent profitability --- ## ⚠️ Important Disclaimers ### Risk Warning **Options trading is extremely risky:** - ❌ You can lose 100% of your investment - ❌ Options decay rapidly (theta decay) - ❌ High leverage amplifies losses - ❌ Volatility can cause extreme price swings - ❌ Gaps can bypass stop losses **This indicator:** - ✅ Is a tool, not a guarantee - ✅ Shows historical patterns (may not repeat) - ✅ Requires discipline and risk management - ✅ Works best with proper position sizing - ❌ Cannot predict black swan events ### Data Limitations **TradingView NSE Data:** - May have 1-2 minute delays - Some strikes may show 0 volume (data gaps) - High volatility periods may have missing bars - Not tick-by-tick (bar-based only) **Indicator Limitations:** - Works only on NSE options with TradingView data - Requires valid expiry/strike configuration - Maximum 5 strikes per side (TradingView limit) - Not suitable for stocks/commodities (indices only) ### Not Financial Advice **This indicator is educational software only:** - Not regulated financial advice - Not a recommendation to buy/sell - Author has no fiduciary relationship with users - Past performance ≠ future results **Before trading:** - Consult a SEBI-registered advisor - Understand option Greeks (delta, theta, gamma, vega) - Paper trade minimum 2-4 weeks - Risk only capital you can afford to lose - Understand tax implications (consult CA) **By using this indicator, you accept all trading risks.** --- ## 📞 Support & Community **Questions? Issues?** - 💬 Comment below for support - 🐛 Report bugs with screenshot + settings - 💡 Feature requests welcome - 📊 Share your trading results (anonymously) **Like this indicator?** - ⭐ Star/Favorite on TradingView - 📣 Share with trading community - ✍️ Leave honest review - 🚀 Follow for updates **Future Roadmap:** - Multi-expiry scanning (near + far month) - Options Greeks integration (delta, gamma) - Historical signal replay - Custom alert webhook templates - Mobile-optimized compact view --- ## 🏷️ Tags `#NSE` `#NIFTY` `#BANKNIFTY` `#FINNIFTY` `#OptionsTrading` `#WhaleDetection` `#InstitutionalFlow` `#VolumeAnalysis` `#UnusualVolume` `#OptionsFlow` `#SmartMoney` `#OrderFlow` `#PCR` `#PutCallRatio` `#OptionsScanner` `#TradingSignals` `#IndianMarkets` `#DayTrading` `#IntradayTrading` `#OptionsStrategy` `#PineScript` `#TradingView` `#AlgoTrading` `#QuantTrading` `#SignalConfirmation` --- **Version:** 2.0 **Release Date:** December 2025 **Author:** **License:** Mozilla Public License 2.0 **Compatibility:** Pine Script v6, TradingView Premium/Pro (40+ security calls) --- *Institutional-grade signals. Military-grade filtering. Retail-friendly interface.* **Trade with precision. Trade with the whales.** 🐋📈 --- ## 📖 Quick Start Checklist **Before first trade:** - Set correct expiry (YYMMDD format) - Set ATM strike (nearest 50/100) - Verify strike interval (50=NIFTY, 100=BNF) - Configure filters (60% strength, 2 bars, rising flow ON) - Set up all 3 alerts (CALL/PUT/STRADDLE) - Test alert delivery (demo alert) - Paper trade 10+ signals - Read complete methodology section - Understand all 7 confirmation layers - Prepare risk management plan (position sizing, stops) **Weekly maintenance:** - Thursday 3:30 PM: Update expiry for next week - Check ATM strike accuracy - Review past week's signals - Adjust filters if needed (based on performance) **Every trade:** - Wait for ✅ CONFIRMED (2/2) - Verify momentum arrow ↗ - Check PCR alignment - Confirm risk level - Set stop loss immediately - Journal entry (time, strike, strength score) **Ready to trade with institutional precision?** 🚀 ```
Pine Script® indicator
by shivkumar503244
Index Position Size Calculator for [US30 / US100 / SP500]What it does This tool helps you size positions consistently for index trades on US30 (Dow Jones), NAS100 (Nasdaq-100), and SP500 (S&P 500). Enter your account balance, risk %, and your planned Entry / Stop-Loss / Target and the script calculates: • Position Size (rounded to your lot/contract step) • Risk-to-Reward (R/R) • Potential P/L in USD based on your inputs • Visual Entry / SL / TP lines with green/red zones and concise labels Supported contract styles Choose a preset for common products (e.g., CFD $1/pt, YM/NQ/ES futures, MYM/MNQ/MES micros) or override the economics yourself. You remain in control of the two key levers: • $/point — how many dollars you gain/lose per 1 index point per contract/lot • Point size — how many price units equal 1 index point on your chart (often 1.0, but some brokers use 0.1 or 0.5) Inputs • Account Balance ($) and Risk % per trade • Index: US30 / NAS100 / SP500 • Contract: CFD / Futures (YM, NQ, ES) / Micros (MYM, MNQ, MES) • $/point: auto from Contract or manual override • Point size: auto from Index or manual override • Position size step: rounding (e.g., 1 for futures, 0.01 for CFDs) • Entry / SL / TP: typed values (snapped to tick), with on-chart zones and labels • Display toggles for lines and labels How the math works • StopPoints = |Entry − SL| ÷ PointSize • ProfitPoints = |TP − Entry| ÷ PointSize • Position Size = (AccountBalance × Risk%) ÷ (StopPoints × $/point) • R/R = ProfitPoints ÷ StopPoints • Potential P/L = PositionSize × Points × $/point How to use (quick start) 1. Select Index and Contract. 2. Confirm $/point and Point size match your broker’s specs. 3. Enter Entry / SL / TP for the trade idea. 4. Read the Position Size, R/R, and Potential P/L in the info box. 5. Adjust for fees, spreads, and slippage as needed. Notes & limitations • Broker symbols can vary. Always verify $/point and Point size for your instrument before risking capital. • The script does not place orders and does not generate trade signals; it’s a sizing/visualization tool. • Results can differ across brokers due to pricing, spreads, minimum lot sizes, and execution rules. • Use on the intended indices; you’ll see a reminder if you load it elsewhere. Changelog highlights • Pine v6, constant-safe inputs, tick-snapping, global fills (no local-scope errors). • Robust label handling and optional minimal chart markers. Disclaimer This script is provided for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security or derivative. Trading involves risk, including the possible loss of principal. Always do your own research, verify contract specifications with your broker, and consider testing in a demo environment before trading live.
Pine Script® indicator
by smithyommite
Spread AnalysisSpread Analysis - Futures vs Spot Price Analysis Advanced spread analysis tool that compares futures/perp prices with spot prices across multiple exchanges, providing insights into market sentiment and potential trading opportunities. Multi-Asset Support: Automatically detects and analyzes crypto perpetual vs spot spreads, index futures vs cash indices (ES/SPX, NQ/NDX, YM/DJI), and commodity futures vs spot prices (GC/GOLD, CL/USOIL) Multi-Exchange Aggregation: For crypto, aggregates prices from Binance, BitMEX, Kraken, Bybit, OKX, and Coinbase to calculate mean perp and spot prices Z-Score Based Alerts: Uses statistical Z-score analysis to identify extreme spread conditions that may signal potential reversals or continuation patterns Visual Histogram Display: Shows spread differences as colored columns - green for futures premium, red for futures discount Flexible Calculation Methods: Supports absolute price differences, percentage spreads, or basis point calculations Trading Applications: Identify market sentiment divergence, spot potential reversal opportunities, and confirm trend strength Risk Management: Use extreme Z-scores to identify overvalued conditions and potential mean reversion setups Market Analysis: Understand the relationship between futures and spot markets across different asset classes Timing Tool: Spread momentum often precedes price moves, providing early signals for entry/exit decisions Perfect for traders who want to understand the relationship between futures and spot markets, identify divergences, and spot potential reversal opportunities across crypto, indices, and commodities. Key Features: • Automatic asset detection and appropriate spread calculation • Configurable Z-score alerts for extreme conditions • Comprehensive tooltips and information guide • Multiple calculation methods (absolute, percentage, basis points) • Clean, customizable visual display Use Cases: • Crypto traders analyzing perp vs spot relationships • Futures traders monitoring basis relationships • Mean reversion strategies using extreme spreads • Trend confirmation using spread momentum • Market sentiment analysis across asset classes
Pine Script® indicator
by mindyourbuisness
Fibonacci Extension Distance Table## 🧾 **Script Name**: Fibonacci Extension Distance Table ### 🎯 Purpose: This script helps traders visually track **key Fibonacci extension levels** on any chart and immediately see: * The **price target** at each extension * The **distance in percentage** from the current market price It is especially helpful for: * **Profit targets in trending trades** * Monitoring **potential resistance zones** in uptrends * Planning **entry/exit timing** --- ## 🧮 **How It Works** 1. **Swing Logic (A → B → C)** * It automatically finds: * `A`: the **lowest low** in the last `swingLen` bars * `B`: the **highest high** in that same lookback * `C`: current bar’s low is used as the **retracement point** (simplified) 2. **Extension Formula** Using the Fibonacci formula: ```text Extension Price = C + (B - A) × Fibonacci Ratio ``` The script calculates projected target prices at: * **100%** * **127.2%** * **161.8%** (Golden Ratio) * **200%** * **261.8%** 3. **Distance Calculation** For each level, it calculates: * The **absolute difference** between current price and the extension level * The **percentage difference**, which helps quickly assess how close or far the market is from that target --- ## 📋 **Table Output in Top Right** | Level | Target ₹ | Dist % from current price | | ------ | ---------- | ------------------------- | | 100% | Calculated | % Above/Below | | 127.2% | Calculated | % Above/Below | | 161.8% | Calculated | % Above/Below | | 200% | Calculated | % Above/Below | | 261.8% | Calculated | % Above/Below | * The table updates **live on each bar** * It **highlights levels** where price is nearing * Useful in **any time frame** and **any market** (stocks, crypto, forex) --- ## 🔔 Example Use Case You bought a stock at ₹100, and recent swing shows: * A = ₹80 * B = ₹110 * C = ₹100 The 161.8% extension = 100 + (110 − 80) × 1.618 = ₹148.54 If the current price is ₹144, the table will show: * Golden Ratio Target: ₹148.54 * Distance: −4.54 * Distance %: −3.05% You now know your **target is near** and can plan your **exit or trailing stop**. --- ## 🧠 Benefits * No need to draw extensions manually * Automatically adapts to new swing structures * Supports **scalping**, **swing**, and **positional** strategies
Pine Script® indicator
by raghavprakash05
Put/Call RatioPut/Call Ratio Indicator This indicator visualizes the Put/Call Ratio for various market symbols, helping traders assess market sentiment and potential reversals. It offers a dropdown menu to select from a range of Put/Call Ratios, including broad equities (CBOE), major indices (SPX, QQQ, IWM, VIX), and individual stocks (TSLA, GOOG, META, AMZN, MSFT, INTC). The indicator plots the Put/Call Ratio with adjustable moving averages and standard deviation bands to highlight overbought or oversold conditions. A short-term moving average (default: 10 periods) is displayed with trend-based coloring, while longer-term moving averages (defaults: 30 and 200 periods) are calculated but hidden by default. Bands at 1, 1.5, and 2 standard deviations provide context for extreme readings. Key Overbought/Oversold Signals: Short-Term Extremes: The 10-day moving average moves beyond 1 standard deviation from the 200-day moving average, signaling potential overbought (above) or oversold (below) conditions. This will be highlighted by red or green background color. Ratio Extremes: The Put/Call Ratio line itself crosses outside 2 standard deviations from the 200-day moving average, indicating stronger overbought or oversold zones. Conditional coloring of the ratio line reflects its position relative to the bands, and background shading highlights when the short-term moving average crosses key levels. Key Features: Selectable Put/Call Ratio symbols. Trend-colored moving averages. Standard deviation bands for volatility analysis. Dynamic line and background coloring for quick insights. Usage: Use this indicator to gauge market sentiment—high ratios may suggest bearish sentiment or oversold conditions, while low ratios may indicate bullish sentiment or overbought conditions. Combine with price action or other tools for confirmation.
Pine Script® indicator
by nsnq5nwmy4
1
Accumulated Put/Call Ratio V2This is an updated version of the Accumulated P/C Ratio. Some changes include: - Pinescript privacy changed from protected to open. - Utilizes the "request.security_lower_tf" function for weekly and monthly charts. - Now acquires and sums raw put volume (ticker: PVOL) and call volume (ticker: CVOL) separately, then divides the aggregate put to aggregate call to get the P/C ratio, as opposed to the original version which directly sums the put call ratio (ticker: PCC). Mathematically this calculation makes more sense, but the major drawback of this change seems to be that PVOL and CVOL don't have as much historical data as PCC. The way to interpret the indicator is the same as the original version - higher values are bullish while lower values are bearish. A solid (0 transparency) bar means that the value is beyond 3 standard deviations within a particular period.
Pine Script® indicator
by skiviz
10
(CM|DB) Caruso Market DashboardThe Caruso Market Dashboard (CM|DB) provides a snapshot of key US market data, market internals (breadth), and economic statistics. It displays real-time prices of seven major markets along with daily updates of the put/call ratio and multiple breadth measurements. Lastly, it displays the Federal Reserve’s balance sheet and 4-week change of assets held to help investors keep abreast of important FED changes in policy. Presented for both the Nasdaq and NYSE composites and updated at the end of each trading day, the market breadth section shows: · the number of net 52-week highs and lows · the actual number of new 52-week highs and 52-week lows. · The percentage of volume traded on up stocks vs. total volume · The percentage of stocks advancing vs. all stocks · Percentage of stocks above their 5-day average · Percentage of stocks above their 50-day average · Percentage of stocks above their 200-day average In addition to presenting all of this valuable information in a table, users can hide the table and plot each market and economic data point. This is very helpful when viewing trends as well as overbought and oversold levels for these data points.
Pine Script® indicator
by CarusoInsights
Accumulated Put/Call RatioThe Concept: The Accumulated Put/Call Ratio indicator applies numerous adjustments to the conventional put/call ratio in pursuit of: - clearer trading signals; - adjustable sensitivity; and - better readability. Before getting into what the Accumulated Put/Call Ratio is, we first need to understand the original Put/Call ratio. Put/Call Ratio The conventional put-call ratio (P/C ratio) is calculated by dividing the number of traded put options by the number of traded call options. A put option is the right to sell an asset, while a call option is the right to buy an asset. Generally speaking, sentiment is bearish when more put options are traded than call options. By dividing the number of puts to the number of calls, we can gauge how market participants feel about the current market condition. Since the P/C ratio uses puts as the numerator and calls as the denominator, a P/C ratio value above 1 suggests a bearish sentiment while a value below 1 suggests bullish sentiment. However, the conventional P/C ratio also comes with some drawbacks. Firstly, the P/C ratio is quite noisy and can create choppy trading signals. Secondly, the P/C ratio generally moves inversely with the market, which might be counterintuitive for some people. The indicator would be much easier to read if it moved in the same direction with the market. Thirdly, we cannot adjust the sensitivity of the P/C ratio through variable inputs (the raw P/C ratio data pulled from CBOE does not have any variable inputs). This is where the Accumulated Put/Call Ratio comes in. Accumulated Put/Call Ratio The Accumulated P/C ratio attempts to address the above issues of the conventional P/C ratio by: adding N bars of P/C ratio values together to get the Accumulated P/C ratio - such summation of multiple P/C ratio values greatly reduces the noisiness of the indicator; calculating the difference between the current Accumulated P/C ratio and the previous high and low Accumulated P/C ratio values during a lookback period - this generates “difference from max.” and “difference from min.” signals that allow the trader to see both bullish sentiment and bearish sentiment simultaneously; and adjusting the Accumulated P/C ratio such that trading signals are in the same direction as the market. To further improve readability, the indicator calculates the mean and standard deviation values of the above differences to use as a coloring reference. A difference value closer to the mean will have more transparent colors, while a difference value closer to the 3rd standard deviation will have more solid colors (completely solid colors when > 3 standard deviations). This highlights the extreme values. The Variables: This indicator has three inputs: (1) N bars of accumulation, (2) Lookback Period, and (3) Standard Deviation Period. The first variable “N bars of accumulation” sets the number of P/C ratio values for adding up. Smaller values produce fast but noisy signals, while larger values produce smooth but slow signals. The second variable “Lookback Period” determines the lookback range for finding high and low Accumulated P/C ratio values. Again, smaller values are more sensitive but can become more choppy. The third variable “Standard Deviation Period” is used for bar coloring only. This does not affect the indicator signal values. The user will have to do some testing to see which settings suit their needs. The Signals: Trading signals for the Accumulated P/C ratio come in two forms: 1. Relative size of “difference from max.” (green bars) compared to “difference from min.” (red bars) A P/C ratio closer to the max. is bearish (remember puts data is placed in the numerator), so when the “difference from max.” approaches 0, the indicator suggest bearish sentiment. A P/C ratio closer to the min. is bullish, so when the “difference from min.” approaches 0, the indicator suggest bullish sentiment. A “difference from max.” larger (in terms of absolute size) than the “difference from min.” is bullish. A “difference from max.” smaller (in terms of absolute size) than the “difference from min.” is bearish. 2. Divergences When the “difference from max.” is gradually decreasing during an uptrend, this forms a bearish divergence. When the “difference from min.” is gradually increasing during a downtrend, this forms a bullish divergence.
Pine Script® indicator
by skiviz
5
Options Flow Intraday SentimentScript useful for Intraday Trading - which based on Options data loaded in background - is showing sentiment of Investors. Very often Options are forecasting and precedes moves that will happen later on derivatives like Futures Contracts. Due to its' nature, data is useful during Regular Trading Hours sessions ( RTH ). We take into account Options Volume flow & Put/Call Ratio from Options. Data is based from dataset on Quandl and loaded to TradingView. Therefore data is normalized as per different factors we have different scale of received data. Then I apply calculations comparing PUT and CALL Volume, giving the biggest weight ratio to those Options which have nearest Expiration Date. Another condition taken into account is Type of Option: either In the Money, Out of Money or At the money. Last but not least for Options there is calculated risk, where those orderflow entries with lowest risk are having the biggest weight in calculation while those with highest risk - are having lower ratio. Risk is calculated based on delta factor (coming out of Options standard definitions). Background of indicator is coloured in direction of sentiment when we have alignment of sentiment factors calculated in background in one direction. Script is displaying additionally PUT Volume, CALL Volume from Options and PUT/CALL Ratio. Those are only additional information that can be useful for traders, but the whole logic is hidden under the hood (as described earlier) and is showing coloured background when sentiment is aligned. Therefore be prepared to take potentially a trade in direction of the background - but not blindly Currently it's supporting SPX ( S&P500 ) and support for more instruments will come with next updates.
Pine Script® indicator
by skyline-trader
23
SMART4TRADER-US STOCKSThe indicator is intended to evaluate the stock market , as it takes into account the data on the BUY and SELL of all US shares. In the indicator, you can select various methods for providing data. Priority = (BUY - SELL) with a intraday cumulative effect. Ratio = (BUY / SELL) with a intraday cumulative effect. Delta = (BUY - SELL) on each candle. Volume = (BUY + SELL) on each candle. Cumulative = (BUY - SELL) with cumulative for all available history. ------------------------------ Индикатор предназначен для оценки фондового рынка , так как в себе учитывает данные о покупка и продажах всех акций США. В индикаторе можно выбрать различные методы предоставления данных. PRIORITY = (BUY - SELL) с накопительным эффектом внутри дня. RATIO= (BUY / SELL) с накопительным эффектом внутри дня. DELTA= (BUY - SELL) на каждой свече. VOLUME= (BUY + SELL) на каждой свече. CUMULATIVE= (BUY - SELL) с накопительным за всю доступную историю на графике.
Pine Script® indicator
by smart4trader
Valuation Scenarios by Filipe RamosEnglish: An indicator that allows you to project a scenario of fair value of a stock considering expected revenue growth and net margin in a DCF model. Rather than forecast what should be the price of a stock, this indicator calculates possible scenarios accordingly to expected growth and value added the user inputs. It has 3 parameters: -Years: the timeframe of projected present value; -Revenue yearly growth percentage: minimum value is 1.1 (represents 10% annual growth but with the discount rate of 10% means no growth at all); -Margin: the net margin. It projects a linear growth and an exponential growth.
Pine Script® indicator
by f1l1per.
PC-Indicator - Spar_maDeutsche Version Unterhalb. English version: This indicator is supposed to be another tool to recognize when a panic movement has begun and also ended. Of course, there are other indicators that work very well, but this can also help to identify the timeframe. Description of for using the indicator with the example of the panic sell-off in March: Before the selloff started, two areas can be identified in which the market is being tested. This is when at the same time, the price intersects with the 21 moving average and the put / call indicator. This indicates that something could be wrong (no guarantee, just an indicator). This happened first (marked with 1) when the virus was discovered: Few who had been informed had any idea what might happen. The second "drop" (marked 2) happened when it was publicly announced that such a virus existed. The third time the panic broke out (marked 3) long after the virus was known. The portfolios should have been hedged here at the latest. Shortly before the yellow marking the virus was reported daily and maximum panic were spread. This was the point at which the hedge could theoretically be ended (if you have the courage to do so). However, I myself waited until the 21st and the indicator were clearly broken. This indicator could have helped to save a loss in value of the portfolio by at least 17%. I hope this indicator can continue to perform as well. Please leave a like and subscribe if you are interested in further trading ideas from me. Name of the indicator: “PC-Indicator - Spar_ma” That’s my opinion and should be treated like it. No trade advice! ______________________________________________________________________________________________ Deutsche Version: Dieser Indikator soll ein weiteres Tool sein um erkennen zu können, wann eine panische Bewegung beendet ist. Natürlich gibt es weitere Indikatoren die sehr gut funktionieren, dieser kann jedoch zusätzlich dabei helfen zu erkennen wann es soweit ist. Beschreibung des Indikators an Beispiel des Panischen sell-offs im März: Bereits vor beginn sind zwei Bereiche zu erkennen, an denen der Markt getestet wird. Dabei kreuzen sich gleichzeitig der Kurs mit dem 21-gleitendem Durchschnitt und dem Put-/Call- Indikator. Das lässt darauf zurückführen, dass etwas kommen könnte. Dies geschah zuerst (mit 1 gekennzeichnet) bei der Entdeckung des Virus: Wenige die Informiert wahren, jedoch ahnten was passieren könnte. Der zweite „Drop“ (mit 2 gekennzeichnet) geschah als öffentlich bekannt gegeben wurde, dass ein solches Virus existiert. Beim dritten Mal brach die Panic aus (mit 3 gekennzeichnet), lange nachdem dieser Virus bekannt gewesen war. Spätestens hier sollte das Konto gehedged worden sein. Erst kurz vor der gelben Markierung wurde täglich vom Virus berichtet und maximale Panic verbreitet. Dies war der Zeitpunkt an dem theoretisch der Hedge beendet werden konnte (wenn man den Mut dazu hat). Ich selbst habe allerdings noch gewartet bis der 21ger und auch der Indikator klar durchbrochen wurde. Dieser Indikator hätte dabei helfen können einen Wertverlust des Kontos um mindestens 17% ersparen zu können. Ich hoffe dieser Indikator kann weiterhin so gut performen. Bitte lasst ein like da und abonniert mich, falls Ihr Interesse an weiteren trading-ideen von mir habt. Name des Indikators: “PC-Indicator – Spar_ma” Dies ist nur meine persönliche Meinung und sollte auch so betrachtet werden. Dies ist keine Handelsempfehlung.
Pine Script® indicator
by spar_ma
1
PIP BandsGot a little board due to the lock-down so I have written this little script. It allows you to set PIP Bands at levels on the chart. The Back Line is Close plus Spread, the Red Line is PIPs below and the Green Lines are spaced at PIPs above at equal distance. The top four lines can be toggled off. Set off as default. There is a toggle for JPY Currencies and also for Puts and Calls. You can change the Spread and also the distance between bands by a set amount of PIP's. You can either let it run at current close price or set price. Hope you enjoy. Be safe. Comments appreciated.
Pine Script® indicator
by rmireland63
3
Call / All Ratio ( C / A ) - NoldoFirst of all this script inspired by MagicEins' Put/Call-Ratio-Buschi script . What is the Put-Call Ratio The put-call ratio is an indicator ratio that provides information about relative trading volumes of an underlying security's put options to its call options. The put-call ratio has long been viewed as an indicator of investor sentiment in the markets, where a large proportion of puts to calls indicates bearish sentiment, and vice versa. Technical traders use the put-call ratio as an indicator of performance and as a barometer of overall market sentiment. Put-call ratios on broader indexes such as the S&P 500 are also used as more general gauges of market climate. Put-Call Ratio Interpretation One way to interpret the put-call ratio is to say that a higher ratio means it's time to sell and a lower ratio means it's time to buy, because when the ratio is high it suggests that people are either expecting or protecting more readily against a future decline in the price of the underlying. A Put-Call ratio between 0.5 and 1 is considered a sideways trend in the markets. Some also view the Put-Call ratio as a contrarian indicator. Traders know that derivatives are used to do more than place bets; they are used as hedges and insurance. If there's a lot of insurance being placed to the sell side, it means traders are worried about prices falling. Some traders buy when the put-call ratio is above 1, meaning the market is out of balance to the sell side, and sell when the put-call ratio is below 1, meaning the market is out of balance to the buy side. These traders are looking to make money on the correction. The interpretation of the ratio is left to the analyst's or trader's investment philosophy. Reference : Investopedia (www.investopedia.com) Let' s start. In short, calls represent "bulls" and puts represent "bears". Some analysts do the opposite,for trend reversals the choice is up to you. I usually look at the opposite comments in commercial positions because I look at this flow angle neutral. If you want to do the opposite, you must create Put / All Ratio. So i created this ratio to observe easily movements under or over 0.50 area . Or you can take the point close to 0.50 as a horizontal trend. Many more comments can be made.I have a few ideas about this, and I'm going to publish them soon . My best suggestion is that it covers a single bar and is very volatile, so you can look for averages and strong accelerations. This code is open source under the MIT license. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com Stay tuned , best regards.
Pine Script® indicator
by Noldo
2
CBOE PCR Factor Dependent Variable Odd Generator This script is the my Dependent Variable Odd Generator script : with the Put / Call Ratio ( PCR ) appended, only for CBOE and the instruments connected to it. For CBOE this script is more accurate and faster than Dependent Variable Odd Generator. And the stagnant market odds are better and more realistic. Do not use for timeframe periods less than 1 day. Because PCR data may give repaint error. My advice is to use the 1-week bars to gain insight into your analysis. This code is open source under the MIT license. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com I hope it will help your work.Best regards!
Pine Script® indicator
by Noldo
26
Put/Call-Ratio-Buschi English: This script shows the Put/Call-Ratio as seen on the Cboe-Website: www.cboe.com A higher Put/Call-Ratio means a higher trading volume of puts compared to calls, which is a sign of a higher need for protection in the market. For best reflection of the Cboe's data, which is shown in 30 minutes intervals, a 30 min-chart is recommended. 30 min-data as well as end-of-day data are shown. Deutsch: Dieses Skript zeigt das Put/Call Ratio, wie es auf der Cboe-Website angegeben ist: www.cboe.com Ein höheres Put/Call Ratio bedeutet ein höheres Handelsvolumen von Puts gegenüber Calls, was ein Zeichen für Absicherungsbedarf im Markt darstellt. Um die Cboe-Daten bestmöglich wiederzugeben, die in 30 Minuten-Intervallen herausgegeben werden, wird ein 30 min-Chart empfohlen. Es werden sowohl die 30-Minuten-Daten als auch die Tagesenddaten angezeigt.
Pine Script® indicator
by MagicEins
13