Indicador Pine Script®
Options
Options Brahmastra with Greeks by Pooja📘 Options Brahmastra with Greeks by Pooja
Invite-Only • Option Premium chart Focused • Rule-Based Decision Intelligence System • Designed Exclusively for Option Traders
🔔 IMPORTANT
Options Brahmastra with Greeks by Pooja is designed exclusively for OPTION PREMIUM charts.
This indicator will not work on index, stock, or equity charts.
It derives option intelligence using option premium behavior + underlying index movement.
The script automatically restricts usage to option premium symbols only.
➡️ Ensures option logic, premium behavior, and Greeks intelligence remain contextually accurate.
🎯 Purpose of Options Brahmastra with Greeks by Pooja
Options Brahmastra with Greeks by Pooja is an advanced intraday options intelligence system designed to:
Auto Buy/Sell Signals through 2 Strategies
Reduce false BUY / SELL entries
Control over-trading and repeated signals
Filter sideways, low-energy, and fake breakout conditions
Provide live option insights (Intrinsic Value, Theta, Time Decay, IV, etc.)
Allow trades only when multiple independent confirmations align
Focus on disciplined intraday option trading (Buying, Selling, or Both)
⚙️ Core Features
🔹 1. Auto BUY & SELL Signals (2 Strategies)
Fully automatic BUY & SELL signals
Signals trigger only after candle close
No repainting or intrabar changes
🔹 2. Option Trading Mode Control
Only Option Buying
Only Option Selling
Both (Buy & Sell)
Independent modes recommended for controlled signal behavior
🔹 3. Option-Only Safety System
Runs only on option premium charts
Blocks index and equity charts automatically
🔹 4. Super Trend Filter
In Build Super trend
If you want, you can filters signals according super trend
Help to reduce clutter and fake entries
🔹 5. RSI Direction & Strength Filters (Optional)
BUY only when RSI-MA is rising
SELL only when RSI-MA is falling
Strength-based slope filter
🔹 6. RSI 60 / 40 Momentum Filter
BUY only in bullish momentum
SELL only in bearish momentum
🔹 7. ADX + ATR Market Energy Filter
ADX confirms trend strength
ATR confirms sufficient volatility
🔹 8. In-Built EMA, VWAP & Super trend
Trend-aligned BUY & SELL conditions
Optional visibility on chart
🔹 9. Dual Strategy Architecture
Strategy-1 : Rsi - Ma and EMA Combination which made Oscillators and Non Oscillators Combination
Strategy-2 : EMA - Vwap Different Forms which help you to Trend Confirmation
Both Strategies Combines a Master Strategy. You can use both or Separately.
🔹 10. Trendline-Based Structural Intelligence
Dynamic trendlines from swing highs/lows
ATR / Stdev / Linear Regression slope modes
Dynamic support and resistance zones
🔹 11. Premium Support and Resistance
Traditional pivot levels
Multi-timeframe support
🔹 12. Option Greeks Intelligence Dashboard (Formula-Based)
Index Price
Delta Sensitivity (Increasing / Decreasing / Stable)
Delta Projection (100-point index move)
Gamma Intensity
Theta Status
Vega / IV State
IV Value (Derived)
Time Value & Time Decay
Strike Price (Auto-detected)
Intrinsic Value & ITM/OTM status
🔹 13. Session Control Filter
Optional signal blocking during selected intraday windows
Useful for market open noise and low-liquidity periods
🔹 14. Combination of Oscillators and Non-Oscillators
Leading and Lending Best Combination for Accuracy
Before Trend and After Trend Confirmation
🧩 Why This Is NOT a Simple Indicator Merge
Options Brahmastra with Greeks by Pooja is not a basic combination of RSI, EMA, VWAP, or Supertrend.
Instead, it uses a state-driven architecture, where different indicator logics work as independent filters, not as simple triggers.
Key architectural differences:
Independent BUY and SELL logic engines
No shared oscillator state between buy & sell
Reset-based signal eligibility
Sequential condition validation
Anti-overtrading enforcement
Oscillators and Non Oscillators Combination Filters for more Accuracy.
Option Dashboard with Option Greeks Status which really make it unique.
Dual EMa Confirmation in different Logics
This structure makes the script original and structurally different from common indicator combinations.
**Options Brahmastra with Greeks by Pooja - Strategy Version Availability**
This indicator is designed for option premium intelligence and discretionary signal analysis.
A **separate strategy version** is available for users who require advanced trade management features such as:
Automated entry and exit logic
Stop-loss and risk control
Trend-change based force exit
Intraday **protection mechanisms to reduce false entries during market transitions
The strategy version is **not included** in this indicator and is provided separately for users who need systematic execution and structured risk management.
This indicator itself does not place trades. Trading involves risk, and past performance does not guarantee future results.
🔔 Alerts & Automation
BUY / SELL alerts on confirmed candles only
Webhook compatible
Suitable for Telegram, Tradetron, and automation
👤 Who This Indicator Is For
Intraday option buyers
Intraday option sellers
Premium-based directional traders
Option scalpers (Buying & Selling)
❌ Not suitable for equity delivery, long-term investing, or index charts without option premium.
🔒 Why Invite-Only
Internal state tracking
Reset logic
Independent signal engines
Option-specific intelligence architecture
Source protected to preserve originality
⚠️ Disclaimer
For educational and analytical purposes only.
No financial advice or profit guarantees.
All signals are rule-based and non-predictive.
Option Greeks are formula-based analytical estimates.
Past or real-time signals do not imply future performance.
All trading decisions and risk management are the user’s responsibility.
Indicador Pine Script®
Options X-Level Lock Tracker (Weekly Fri PM)What this indicator is
Options X Lock Tracker is a weekly trade‑management dashboard for defined‑risk premium selling where the “trade thesis” is primarily about finishing on the correct side of a single level (X) by expiration. In this framework, X is the short strike (the “line”) you sell, and the goal is to remain on the correct side of X through settlement.
This script helps you:
Compute candidate PUT X and/or CALL X levels using a volatility‑based model,
Lock those X levels on specific weekdays (Mon/Tue/Wed),
Track touches/breaches during the week, and
Evaluate win/loss at weekly settlement.
Core features
1) X‑Level computation (PUT and/or CALL)
Can compute PUT X, CALL X, or both.
Can use a target delta approach or a 1‑sigma move approach.
Volatility input can be HV (log returns) or ATR, with configurable lookback lengths and caps/floors.
2) Expiry / settlement controls
Settlement is aligned to next Friday with a configurable timezone + settle hour/minute (e.g., Fri 16:00 New York).
3) Strike rounding + optional “snap”
Rounds strikes to your chosen strike increment (e.g., 5‑point spacing for index products).
Optional “snap” can align X to nearby prior daily/weekly key levels (H/L/C/Mid) rather than purely model output.
4) Locking workflow (Mon / Tue / Wed)
You can enable locking on Monday, Tuesday, and/or Wednesday.
Locks occur on the daily close (confirmed bar), and once locked, the level is held for the week.
5) Visual plotting
Plots the locked X levels as horizontal lines extended to the right:
PUT lines are solid, CALL lines are dashed, and
Lines are color‑coded by lock day (Mon/Tue/Wed).
6) Touch/Breach tracking
Tracks whether price touched/breached the locked X during the week (after the lock moment).
7) Friday settlement result (win/loss)
On Friday’s confirmed close, evaluates results:
Short PUT considered a win if settle > put strike
Short CALL considered a win if settle < call strike
8) Table dashboard (weekly “control panel”)
The table is meant to be your weekly at‑a‑glance tracker. For each lock day and each side it can show:
Locked strike (X),
“Now” distance from price,
Touch status,
Settle status (once Friday passes),
W% = a real‑time probability estimate (normal approximation).
Important: W% is a real‑time probability estimate, not a historical win‑rate backtest.
9) RSI context + RSI alerts
Optional RSI context in the table and RSI‑based bias framing.
Includes alert conditions for RSI crossing above/below 50 (useful for regime shifts).
Recommended chart setup / best practices
This tracker is intentionally built around daily locking, and is designed for 1D charts where the lock event is the daily close.
Make sure your settlement timezone/time matches the product you’re trading (and your intended settlement convention).
If you trade instruments with different strike spacing, update Strike increment accordingly.
Limitations / notes
Probability outputs (W%) are model estimates and can diverge from real option pricing (skew, kurtosis, jumps, event risk, liquidity, etc.).
This is a decision support / tracking tool. It is not an automated execution system, and it does not include slippage/fees in outcomes.
Disclaimer
This indicator is for educational and informational purposes only and does not constitute financial advice. Options involve substantial risk and are not suitable for all traders. Always use defined risk controls and trade within your plan.
Indicador Pine Script®
Reversal Detector [Scalping-Algo]Reversal Detector - Volume-Based Price Structure Analysis
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WHAT IT DOES
This indicator identifies potential reversal zones by analyzing price structure combined with volume. Instead of using traditional overbought/oversold readings or single candlestick patterns, it looks for a specific two-phase setup:
Phase 1 - Anchor Detection:
The script scans for bars where price closes beyond ALL previous bars in the lookback period. For a bullish setup, the close must be lower than every low of the past N candles (default 20). This represents an extreme extension, not just a "lower low." Volume on this bar should exceed 2x the average to confirm real participation.
Phase 2 - Confirmation:
After an anchor forms, the indicator waits for price to reverse back through the anchor bar's range. This must occur within a set number of bars (default 3). If price continues making new extremes instead, the setup is cancelled.
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HOW TO READ THE SIGNALS
B Labels (Green, below price) = Bullish reversal confirmed
S Labels (Red, above price) = Bearish reversal confirmed
Each signal shows a score from 3/5 to 5/5:
- 3/5 = Basic confirmation met
- 4/5 = Good volume on anchor or confirmation
- 5/5 = Strong volume + aligned with 200 EMA trend
Dashed Boxes = Pending setup waiting for confirmation
- Green box = Bullish setup in progress
- Red box = Bearish setup in progress
Status Panel (bottom right):
- Shows current state (Scanning / Bull Setup / Bear Setup)
- Countdown for confirmation window
- Current volume condition
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HOW TO USE
Entry Approach:
1. Wait for a confirmed signal (B or S label appears)
2. Higher scores (4/5 or 5/5) indicate better quality setups
3. Consider the overall trend context - signals aligned with the 200 EMA direction tend to work better
Stop Placement:
- For long entries: below the anchor bar's low
- For short entries: above the anchor bar's high
The boxes show you the anchor zone while waiting for confirmation, which can help visualize the invalidation level.
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SETTINGS
Structure Settings:
- Lookback Period (default 20): How many bars back to check for the breakout. Lower = more setups but less extreme. Higher = fewer but more significant extensions.
- Confirmation Bars (default 3): Maximum bars allowed for price to reverse. Tighter window = stricter filter.
Volume Settings:
- Use Volume Filter: Toggle volume requirement on/off
- Volume MA Length (default 20): Period for average volume calculation
- Anchor Volume Multiple (default 2.0): Required volume spike on anchor bar
- Confirm Volume Multiple (default 1.2): Volume threshold on confirmation bar
Visual Settings:
- Trend EMA Length (default 200): Used for trend alignment scoring
- Show Pending Setups: Display the dashed boxes for active setups
- Show Status Panel: Display the info table
- Colors and label size customization
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WHAT MAKES THIS DIFFERENT
The core idea is requiring price to break beyond EVERY bar in the lookback range, not just make a swing high/low. This filters out minor pullbacks and focuses on genuine extensions where price has moved significantly.
The two-phase approach (anchor then confirmation) helps avoid catching falling knives - you're not entering just because price is extended, but waiting for actual reversal evidence.
Volume integration adds another layer. The anchor bar needs elevated volume to confirm real selling/buying pressure, not just a gap or illiquid move.
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SUGGESTED USE
Works on any timeframe, but I find it most useful on 5-15 minute charts for intraday setups.
Combine with:
- Key support/resistance levels
- Higher timeframe trend direction
- Market context (avoid during major news)
The indicator identifies the pattern mechanically - it doesn't predict outcomes. Use proper position sizing and always have a stop loss plan.
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ALERTS INCLUDED
- Bullish Reversal
- Bearish Reversal
- Any Reversal
- Strong Bullish (4/5 or higher)
- Strong Bearish (4/5 or higher)
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Indicador Pine Script®
Market-IntentThis "Market-Intent" indicator compares (By default) live NIFTY futures with a fixed-strike (upon day start) synthetic future (ATM ± wings) built from option premiums to detect where pricing pressure is stored and when it releases (“unwind”).
***you could study other scripts and their futures with respect to expiry dates (I would appreciate if you could list more observations on different underlying)
How to read this indicator:
BLUE + GREEN → bullish (calls absorbed)
Bias suggestion :
Favor upside continuation
Calls / call spreads preferred
Futures likely stable to higher
BLUE + RED → bearish (futures released)
Bias suggestion:
Expect futures weakness
Puts / protective structures preferred
Avoid aggressive longs
BLACK + GREEN → bullish (futures absorb)
Bias suggestion:
Favor long futures
Short calls / call credit spreads
Volatility compression likely
BLACK + RED → bearish (puts dominate)
Bias suggestion:
Downside risk elevated
Puts favored
Avoid short volatility
Indicador Pine Script®
Index Terminal Future Option (JITENDRA)Future Option OI VOL Index Terminal
This indicator is a real-time institutional flow terminal designed for Futures & Options traders.
It combines Futures LTP, OI, Volume, OI Action with Options Call/Put Volume, Delta, Premium, CPRV & Heatmap analytics into a powerful table dashboard.
Overview Summary of This Indicator
It works on Symentensly Fetching Future Open Interest Change ,Volume and, Option Strike Volume Data
NIFTY
BANKNIFTY
MCX Commodities
Stock Futures
Setting Snapshot/ Image
What This Indicator Shows
This is a complete order flow activity terminal that provides:
All data is displayed in a heatmap table with last 5 closed candles + live candle.
Futures Side
LTP Change (Momentum)
OI Change (Position buildup / unwinding)
Futures Volume (Participation strength)
OI Action (Long/Short buildup & covering)
Options Side
CALL Volume (multi-strike combined)
PUT Volume (multi-strike combined)
Delta (Call – Put volume)
CPRV (Call to Put volume ratio)
CALL % Change
PUT % Change
Delta %
CALL Premium strength vs VWAP
PUT Premium strength vs VWAP
Core Concept
This script is based on trading logic:
Futures price + OI → tells directional bias
Options volume + delta → tells market pressure
CPRV → tells who is dominating (Calls or Puts)
Premium vs VWAP → tells smart money positioning
Heatmaps → show strength & aggression
KEY FEATURES INPUT SETTINGS — COMPLETE EXPLANATION
Auto Detect Instrument From Chart
NIFTY
BANKNIFTY
MCX Commodities
Stock Futures & Spot
Uses correct futures & option symbols automatically.
Turn OFF if you want to use manual instrument selection.
Manual Instrument
Strike Balance Mode
| 2 ITM + ATM + 2 OTM | 5 strikes combined (strong flow)
| 1 ITM + ATM + 1 OTM | 3 strikes combined (lighter data load)
Expiry, ATM & Gap Settings
Each instrument has:
Expiry = YYMMDD
ATM Strike
Strike Gap
% CALCULATION METHOD
Option 1= % change from previous candle
Option 2= EMA. % deviation from EMA, EMA Length is USER configurable.
Setting Snapshot/ Image of Expiry & %change Calculation
Premium Strength
Compares option premium vs VWAP:
Green → Premium above VWAP (buying pressure)
Red → Premium below VWAP (selling pressure)
LTP Δ heatmap now based on momentum strength
OI Δ heatmap now based on money flow intensity
FUT VOL heatmap now shows participation strength
DELTA heatmap now follows futures volume style
RSI Momentum
Added Futures RSI directly inside the terminal
Pro RSI heatmap for instant trend strength detection
Helps confirm breakouts, reversals and fake moves
UI SETTINGS
Table Position All
Text Size All
COLUMN TOGGLES
You can enable/disable any column individually. This allows you to build a custom terminal layout.
HOW TO TRADE USING THIS TERMINAL
It helps to Identify Reversal, Trend Continuation at Major levels.
Bullish Setup
LTP Δ → Green
OI Action → LB / SC
CALL Volume > PUT Volume
Delta → Positive
CPRV > 1.2
CALL Premium → Green
Bearish Setup
LTP Δ → Red
OI Action → SB / LC
PUT Volume > CALL Volume
Delta → Negative
CPRV < 0.8
PUT Premium → Green
Data Fetching Pine Code Logic
Auto / Manual Instrument Selection
autoDetect = input.bool(true)
manualInstrument = input.string("NIFTY", options= )
Instrument Specific Settings
niftyExpiry = "260113"
niftyATM = 25800
niftyGap = 50
% Calculation Engine
pctMethod = input.string("Previous Candle", options= )
emaLen = input.int(15)
Future OI Action Engine
oiAction =
ltp↑ & oi↑ → LB (Long Build)
ltp↓ & oi↑ → SB (Short Build)
ltp↑ & oi↓ → SC (Short Cover)
ltp↓ & oi↓ → LC (Long Cut)
Option Symbol Builder
f_optSymbol(strike,type) => prefix + expiry + type + strike
Automatically generates symbols like:
NSE:NIFTY260113C25800
NSE:NIFTY260113P25800
Thanks
TradingView Community
Indicador Pine Script®
Supercharged MA Momentum Oscillator (v6,Secondary Levels)Supercharged MA Momentum Oscillator (Dots on Line)
Description:
The Supercharged MA Momentum Oscillator is a trend and momentum-based tool designed to highlight short-term market momentum relative to a moving average. It provides a visual way to identify potential entry and exit points using a combination of smoothed momentum, ATR-based thresholds, and upper/lower momentum levels.
Key Features:
Smooth momentum line derived from a moving average slope.
Opposite momentum line for contrarian signals.
ATR-based thresholds to detect meaningful momentum shifts.
Upper and lower momentum levels for stronger confirmation of overbought/oversold conditions.
Buy/sell dots plotted on the momentum line to highlight potential trade opportunities.
Customizable inputs for moving average length, smoothing, ATR period, and thresholds.
How to Use:
Momentum Interpretation:
Blue Line (Momentum): Represents the primary momentum.
Orange Line (Opposite Momentum): Represents the inverse momentum for contrarian observation.
Thresholds & Levels:
Green/Red Lines (ATR Thresholds): Define minor trigger zones for potential momentum changes.
Yellow Dashed Lines (Upper/Lower Levels): Define major momentum levels; stronger signals occur when momentum crosses these.
Trade Signals:
Buy Signal (Green Dot): Momentum crosses above both the ATR long threshold and the upper momentum level.
Sell Signal (Red Dot): Momentum crosses below both the ATR short threshold and the lower momentum level.
Dots appear directly on the momentum line to easily visualize trade triggers.
Customization:
Adjust the MA Length and Smoothing to fit the timeframe and asset volatility.
Modify ATR Length and Threshold Factor to fine-tune sensitivity.
Change Upper/Lower Momentum Levels to capture stronger or weaker signals.
Tips:
Best used in combination with trend analysis or other technical indicators for confirmation.
Ideal for spotting momentum reversals or identifying potential breakout entries.
Works on multiple timeframes — shorter timeframes will show more frequent signals, longer timeframes filter noise.
Note:
This indicator is for educational and informational purposes. Always use proper risk management and confirm signals with other analysis before executing trades.
Indicador Pine Script®
Previous Day, Pre Market and ORB LevelsDescription
This indicator is designed for intraday traders who need significant price levels—Previous Day, Premarket, and Opening Ranges—without the visual clutter that typically plagues multi-level indicators.
Unlike standard indicators that draw lines across your entire chart history, this script focuses purely on the current trading day. It draws levels starting from the daily open and extends them into the future, keeping your historical price action clean and readable.
Key Features
Previous Day Levels: Automatically plots Previous Day High (PDH), Low (PDL), and Close (PDC).
Premarket Levels: Tracks the High and Low of the premarket session (04:00 – 09:30 NY).
Opening Range Breakout (ORB): Automatically detects and plots the 5-minute and 15-minute Opening Range Highs and Lows.
Clean Charting: Lines and labels are only drawn for the current active day. Old levels from previous days are automatically removed to prevent "chart noise."
Fully Customizable: Toggle any level on/off and customize colors to match your chart theme via the settings menu.
How It Works
Daily Data: Uses request.security to fetch the previous day's High, Low, and Close without repainting.
Session Logic: The script utilizes specific time sessions (set to New York time) to capture the Premarket range and the first 5 and 15 minutes of the regular session for ORB calculations.
Dynamic Drawing: Using Pine Script's line.new and label.new functions, the indicator draws levels only on the last bar, ensuring the lines stay relevant to the current price action.
Indicador Pine Script®
SPY Options Targets -IV Expected MoveWhat this indicator is?
This tool turns option implied volatility into two things:
1) Expected move levels on the SPY chart for a chosen time horizon
2) Estimated option premium targets if SPY reaches those levels
It is built to answer three trading questions:
1) How far can SPY reasonably move in my holding window
2) What SPY levels should I use for profit targets or invalidation
3) If SPY hits those levels, what option price is a realistic target
What the bands mean on the SPY chart
The bands are expected move levels on the underlying, recalculated each bar from the selected option’s implied volatility.
One sigma band
The teal band is the expected one standard deviation move over the next Horizon minutes. In practice, this is a normal move zone for that holding window.
Two sigma band
The orange band is the expected two standard deviation move over the next Horizon minutes. In practice, this is a large move zone for that holding window.
How to interpret value
If price is near the middle of the bands, the market is behaving normally for that window.
If price approaches the one sigma band, the move is extended for that window.
If price approaches the two sigma band, the move is unusually large for that window and you should expect either strong continuation or sharp mean reversion depending on market context.
What the table means and how to use it
IV
Implied volatility solved from the selected option price. Higher IV widens the bands and increases option targets.
DTE
Days to expiry of the selected option. Near expiry options can change faster and IV can shift quickly.
H move 1 sigma
The projected one sigma SPY move in dollars for the selected Horizon minutes. This is the key number for planning.
Opt at plus 1 sigma and minus 1 sigma
If SPY reaches the one sigma upper band or the one sigma lower band, the indicator estimates what your selected option should be worth at that moment, assuming implied volatility does not change.
Opt at plus 2 sigma and minus 2 sigma
Same idea for the two sigma bands.
Now opt px
Current option price for reference.
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How to trade using it?
Step 1 Pick the right option input
Choose the same expiry you plan to trade and pick a liquid contract, ideally at the money or near the money. This makes the IV reading more representative of the current tape.
Step 2 Set the horizon to your holding time
If you typically hold 15 to 30 minutes, set Horizon minutes to 15 or 30.
If you typically hold 60 to 120 minutes, set it accordingly.
This matters because the bands represent expected move for that exact window.
Step 3 Use the bands to define trade planning
For a long bias
Entry is your setup. The bands are used for targets and risk.
Target 1 is the one sigma upper band.
Target 2 is the two sigma upper band if momentum supports continuation.
Invalidation can be defined as losing the mid zone and failing to reclaim, or a clear level based stop. The indicator does not choose your stop. It gives your realistic upside distance.
For a short bias
Target 1 is the one sigma lower band.
Target 2 is the two sigma lower band if momentum supports continuation.
Invalidation can be defined similarly using your structure.
Step 4 Use the option targets as profit taking levels
Once you enter an option trade, ignore random premium swings and anchor to the table.
Common approach
Take partial profit when the option approaches the plus or minus one sigma target value.
Hold a smaller runner for the plus or minus two sigma target value.
If SPY hits the one sigma band but the option is far below the table target, it usually means implied volatility is dropping. Reduce expectations or exit earlier.
If SPY hits the one sigma band and the option is above the table target, it usually means implied volatility expanded. Consider taking profits sooner because this extra premium can mean revert.
Step 5 Use it to choose strikes
Before entering, check whether your desired option profit requires SPY to travel to the two sigma band within your horizon.
If yes, that is a lower probability trade for that window.
If your plan is achievable around the one sigma band, it is typically more realistic.
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Practical examples
Scalp example
Horizon 30 minutes.
If H move 1 sigma is about 1 dollar, then expecting a 3 dollar SPY move in 30 minutes is a two to three sigma expectation and should be treated as a low probability scalp unless a news event is active.
Intraday example
Horizon 120 minutes.
If H move 1 sigma is about 2 dollars, a 2 dollar move is a reasonable target and a 4 dollar move is the stretch target.
Important limitations
Implied volatility changes
The option target prices assume IV stays constant. In real markets IV can change during the move, especially on 0DTE, around news, or during sharp selloffs. Treat option targets as a baseline estimate.
Not a standalone signal
This indicator does not generate buy or sell signals. Combine it with your entry model, structure, or momentum confirmation.
Liquidity matters
Very wide bid ask spreads can distort the inferred IV. Use liquid contracts.
Suggested defaults for SPY
Use a liquid near the money option for the current expiry.
Horizon 30 for scalps, 60 for intraday, 120 for swings.
Keep expiry time at 16:00 New York.
Disclaimer
This script is for educational and informational purposes only and is not financial advice. Options involve risk and may not be suitable for all traders.
Indicador Pine Script®
Intraday Key Levels for Nifty OptionsThis indicator plots option-derived intraday key levels for NIFTY options, including Breakout Point (BOP), Breakdown Point (BDP), Previous Day Close (PDC), and Previous Day High (PDH).
It is designed to help traders objectively read option strength, weakness, and institutional intraday range behavior.
1️⃣ Breakout Point (BOP)
A break and sustain above BOP indicates bullish acceptance, increasing the probability of the option moving ITM. It is an Option-derived upside acceptance level.
If an option Breaks & sustain above BOP:
- Strike likely moves ITM
- Strong bullish option momentum possibility
- Expansion probability increases
2️⃣ Breakdown Point (BDP)
A break and sustain below BDP indicates bearish acceptance, increasing the probability of the option moving OTM. It is an Option-derived downside acceptance level.
If an option Breaks & sustain below BDP:
- Strike likely moves OTM
- Strong bearish option momentum possibility
- Premium weakness increases
3️⃣ Previous Day Close (PDC)
Displays the previous trading day close of the option. It acts as an intraday sentiment reference and acceptance / rejection level.
Above PDC → positive intraday sentiment
Below PDC → negative intraday sentiment
4️⃣Previous Day High (PDH)
Displays the previous trading day high of the option. It helps to identify the supply / resistance zones, expansion confirmation, failed breakouts and and validates bullish expansion when crossed with strength.
🏦 Institutional Insight:
Institutions may operate within the BOP–BDP range of ATM options when directional momentum is weak, leading to protect their intraday levels and play within the range.
🎯 Best Use Case:
-Intraday NIFTY options analysis
-Directional bias confirmation
-Avoiding low-probability trades
-Used alongside price action and volume tools
⚠️ Disclaimer
For educational purposes only. No buy/sell recommendations
Indicador Pine Script®
Panik-Tief-Signal: Aktien Put-Call RatioUsing the put call ratio (equites), this indicator identifies panic situations on the stock market and therefor can be used for long entries. no advice, no recommendation.
Indicador Pine Script®
Dealer Control Index (DCI) Oscillator BreakoutsOverview
The Dealer Control Index (DCI) is a structural oscillator designed to measure market stability based on the relationship between price and key institutional "hedging levels" (Gamma Flip). Unlike momentum-based oscillators like RSI, the DCI focuses on Dealer Gamma Exposure—the point where market makers shift from supporting price (Long Gamma) to accelerating moves (Short Gamma).
How to Use
This indicator requires a Manual Anchor (Flip Level) to function with high precision. Users should identify the current institutional Gamma Flip level for their specific ticker and input it into the script settings.
Positive Score (+25 to +100): Price is above the Flip Level. Dealers are in a "Long Gamma" position, typically resulting in lower volatility and "dip-buying" behavior.
Neutral Zone (-75 to +25): The "Transition Zone." Price is fluctuating near the hedge-rebalancing point. Expect "choppy" price action.
The Gamma Trap (-75 to -100): Price has snapped significantly below the Flip Level. Dealers are now "Short Gamma" and may be forced to sell into further price drops to hedge their books, potentially creating a "Waterfall" effect.
Key Features
Volatility Normalized: Uses ATR-based normalization to ensure the -100 to +100 scale is consistent across different asset classes (e.g., comparing SPY to NVDA).
Sigmoid Smoothing: Employs a sigmoid curve to filter out "market noise" and provide a clear visual of when the regime shift is actually occurring.
Visual Regimes: Color-coded zones (Green/Red) provide instant feedback on the current dealer hedging bias.
Indicador Pine Script®
Key Zone$ - Support and Resistance0DTE Bounce Zones (6M) — Support & Resistance with VWAP, Volume, and Risk Management
This indicator is built for intraday and 0DTE options trading, focused on high-quality bounce and rejection setups at historically proven support and resistance zones.
It automatically identifies key zones from six months of historical price action and waits for real-time confirmation before signaling CALL or PUT opportunities. The goal is to reduce noise, avoid weak bounces, and provide clear, rules-based trade structure.
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CORE FEATURES
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Historical Support & Resistance Zones (6 Months)
Zones are built using 15-minute pivot highs and lows.
A zone must be tested at least 3 times to be considered valid.
Nearby zones are merged automatically to reduce clutter.
Zones extend forward in time and update dynamically.
Support zones are shown in green, resistance zones in red.
These are higher-quality structural levels, not same-day levels.
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0DTE-Focused Entry Logic
Signals only trigger when price interacts with a confirmed zone and shows a strong rejection candle.
Signals are limited to high-probability trading windows only.
Market Open: 9:30–10:45 ET
Market Close: 3:00–4:00 ET
This avoids midday chop and focuses on periods with real momentum.
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VWAP Confirmation (Strict)
CALL setups require a VWAP reclaim.
PUT setups require a VWAP loss.
This aligns trades with institutional order flow instead of counter-trend noise.
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MACD Momentum Filter
MACD histogram behavior is used to confirm momentum direction and avoid taking bounces against the prevailing move.
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ATR Candle Strength Filter
The signal candle must be large enough relative to ATR.
This filters out weak or indecisive candles that often fail with 0DTE.
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Advanced Volume Confirmation (Relative Volume)
Relative Volume (RVOL) is used instead of raw volume.
Different RVOL thresholds are applied for CALLS versus PUTS.
Higher RVOL is required for PUTS due to downside urgency.
Lower RVOL is allowed for CALLS due to grind-up behavior.
Separate RVOL thresholds are used for the market open and market close.
This ensures signals only occur when real participation is present.
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Built-In Risk Management (2:1 Reward/Risk)
Every signal automatically calculates an entry, stop loss, and target.
Stop loss is based on the zone edge with an ATR buffer.
Targets default to a 2:1 reward-to-risk ratio.
Entry, stop, and target levels are drawn directly on the chart and included in alerts.
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Smart Alerts (CALLS & PUTS)
Alerts trigger only when all conditions are met.
Alerts include trade direction, entry price, stop price, target price, and RVOL information.
Alerts are designed for 5-minute confirmation trading.
To use alerts, select “Any alert() function call” when creating the alert.
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INTENDED USE
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0DTE options trading.
5-minute chart confirmation.
Index ETFs and liquid equities such as SPY, QQQ, IWM, and SPX.
Traders who want aggressive entries with confirmation.
Traders who value structure, volume, and risk control.
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NOTES
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This is not a prediction tool.
Signals require discipline and confirmation.
Best results come from trading only the highest-quality setups.
Indicador Pine Script®
Indicador Pine Script®
BE-QuantFlow: Adaptive Momentum Scalper█ Overview: QuantFlow: Adaptive Momentum Scalper
QuantFlow is a sophisticated algorithmic momentum trading method designed specifically for indices and high-beta stocks. it is an automated trade manager for indices. BE-QuantFlow acts as a Co-Pilot, analyzing how fast you are driving (Momentum) and how bumpy the road is (Volatility) to decide not just when to enter, but how to manage the gear shifts (hedging) safely.
🧠 How It Calculates
Momentum (The Speed) : Standard indicators (like RSI) treat every price candle equally. BE-QuantFlow uses a "Weighted Memory." It gives far more importance to what happened just now compared to 10 minutes ago. It checks the "Sustainance"—is the price closing near its high (strong buyers) or leaving long wicks (weak buyers)? This creates a "Weighted Score" that reacts instantly to fresh power.
Volatility (The Road Condition) : The script measures the movement of the current candle and sorts every single bar into three buckets: Small (Quiet), Mid (Normal), or Tall (Dangerous). in proportion to eating up the move done in the recent past.
🎯 When does an Entry Become "Valid"?
Conceptually, the script looks for a specific market state before taking a trade:
The "Wake Up" Phase: The market must transition from a "Sleep" state (low volatility, sideways movement) to an "Awake" state.
Unidirectional Energy: script don't just look for price going up / down. It looks for Agreement. This happens when the Volatility (expansion of range) aligns perfectly with Momentum (speed of buying/selling).
The View: A entry is valid when the market stops "chopping" up and down and starts "stretching" in one direction. The script waits for that precise moment where the "rubber band" stretches enough to confirm a move, but not so much that it's about to snap back.
█ The Scalping Engine: Hedging Made Simple
For a trader new to options, your biggest enemy is Time Decay (Theta). This script fights Time Decay using two specific "Defense Modes."
A. The "Flip" (The Shield)
When it happens: You are in a trade (e.g., Bought a Call), and the price starts moving slightly against you. It hasn't hit your Stop Loss, but the move is struggling (The Pull Back).
The View: "The trend is taking a break or pulling back."
The Action: The script automatically Hedges brought Option to yeild you a little while protecting further loss. It just turns a "waiting period" / "neutral period."
B. The "Spread" (The Anchor)
When it happens: The trade is going your way, but very slowly. Momentum is dropping.
The View: "We are winning, but Time Decay might eat our profits before we reach the target."
The Action: The script converts your trade into a Spread.
Why? This cancels out the effect of Time Decay. It anchors your profit, allowing you to stay in the trade longer without losing value to time.
█ The "Intra-Bar" Method (Crucial for Scalpers)
This is an Aggressive System . waiting for a candle to close (e.g., waiting 5 minutes) before giving a signal. In scalping, 5 minutes is an eternity. This is only and only for the Scalpers. It is designed to enter fast, capture quick moves, and exit or adjust immediately if the market conditions change.
Real-Time Logic : BE-QuantFlow calculates logic on every tick (every price change). It screams "GO" the second a condition is met.
The "Repaint" Reality : Because it is fast, you might see a label appear and then disappear if the price snaps back instantly. This is a feature, not a bug . It is hunting for the exact moment momentum breaks.
Trust the Alerts, Not the Labels : Do not trade by looking at the chart labels alone. They are for visual reference. You must trust the Alerts. If an alert fires, the math was valid at that millisecond, and the trade should be executed.
Transparency : Use the "Show Debug Levels" checkbox in the settings. This reveals what's happening under the hood (Stop Losses, Trigger points etc) in the form of alerts by helping you understand why an alert fired.
█ Do's and Don'ts
✅ Do's
Start Small : Keep the Lot Multiplier at 1 initially. Option can earn and burn you badly; get used to the rhythm.
Discipline is Key : If the Algo signals a "Hedge," you must Hedge. If you ignore or try to manually execute other option strike as the hedge thinking "it will recover loss back," you defeat the mathematical advantage of the system.
❌ Don'ts
Don't Manual Trade : The script tracks quantities, strikes, calls & puts internally. let the script do its intended job. Manually intervening can leave you with naked positions.
█ Risk & Protocols
⚠️ Margin Requirements
Because this script sells options (during Flips and Spreads), your broker will block more margin than a simple "Buy" trade.
Rule: Always keep a Margin Buffer. If a Hedge alert fires and you have zero free margin, the order will fail, leaving you exposed to a market crash.
⚠️ The "Hard Stop"
No algorithm can predict a war or a sudden news event (Black Swan).
Protocol: The script has a safety line (Dashed Line). If the "EXIT ALL" alert triggers, the trade is dead. Exit immediately. Do not hold onto hope.
⚠️ Intraday Only (Gap Risk)
This logic is designed for a continuous market. It cannot calculate what happens while the market is closed.
Golden Rule: Never carry positions overnight. A gap up or down the next morning can bypass all your hedges and stop losses. Ensure the "Intraday Square-off" setting is enabled to auto-close trades before the bell.
█ How to Start: A Quick Setup Guide
Step 1: Map Expiry Dates
Manually input your trading expiry dates in Settings -> Expiry Management.
Format: YYYY-MM-DD (e.g., 2025-12-25). Strict adherence required for DhanHQ.
Step 2: Configure Symbol & Size
Exchange/Symbol: Enter NSE and NIFTY (or your ticker).
Lot Multiplier: Default is 1. Set to 2 to double all quantities (e.g., Buy 2 becomes Buy 4).
IMPORTANT: Broker & Technology Heads-Up:
The alerts generated by this script ({"secret": "...", "alertType": "multi_leg_order"...}) are specifically formatted for the DhanHQ webhook structure.
Dhan Users: Plug-and-play.
Other Brokers: You need middleware to parse the JSON.
█ Risk Disclaimer & Advice
Trading options involves substantial risk.
Margin: Selling options requires significant margin. Keep a 15-20% cash buffer to handle adjustments instantly.
Testing: This strategy is optimized for NIFTY Weekly Options with TF of 5 to 15 Min. Effectiveness on BankNifty or Sensex is untested and may require parameter tuning.
Advice:
Paper Trade: Run for at least one expiry cycle before live deployment.
Consult: Seek professional financial advice before trading.
Practical Tips for Smooth Execution
For a new trader deploying this system, these operational tips are vital:
Capital Buffer: Do not trade at your limit. Always keep 10-15% free cash in your broker account. Adjustments require additional margin instantly. If margin is short, the order fails, and your hedge breaks.
Liquidity Awareness: The script trades "Far Deep OTM" options too in order to boost profit.
Trust the Process (but Verify): While the algo drives, you are the pilot.
Check your API connection every morning.
Ensure the "Expiry date" matches your real-world date.
Verify that your broker executed all legs of a multi-leg order (partial fills are rare but possible).
The "Human" Stop: If major news breaks (e.g., unexpected election results, war announcements), volatility can expand faster than any algo can react. It is acceptable—and smart—to pause the strategy during known "Black Swan" events or earnings releases.
█ Testing Scope, Feedback
⚠️ Important Note on Asset Classes:
This strategy logic and the associated strike step calculations have been rigorously tested ONLY on NIFTY Index Options with Weekly Expiry.
BankNifty / Sensex / FinNifty: The volatility characteristics and strike intervals with respect to delta, gamma effect and time left for expiry of these instruments differ significantly from NIFTY. The effectiveness of this strategy on these other scripts has not been verified and may require different parameter tuning.
We encourage traders to backtest this logic on other indices and share their findings! If you find a robust parameter set for BankNifty or observe unique behaviors on other scripts, please let us know in the comments below so we can improve the algorithm for everyone. Your feedback is appriciated.
Indicador Pine Script®
The Option Trader - PrashantThis indicator helps identify overall market direction and intraday bias in a simple and clear way.
It is designed to keep the chart clean while focusing on high-probability trading zones.
The logic works best for intraday trading and option selling strategies.
It helps traders stay on the right side of the market and avoid low-quality trades.
Suitable for index trading with a disciplined, rule-based approach.
Indicador Pine Script®
9-20 STRADDLE FOR INTRADAY TRADING9-20 STRADDLE FOR INTRADAY TRADING
The 9–20 Straddle Strategy is a popular intraday options trading setup that focuses on capturing volatility after the market opens. In this strategy, traders place a straddle at 9:20 AM by buying or selling both ATM Call and Put options of the same strike and expiry. The objective is to benefit from strong directional moves or time decay, depending on execution style. Risk management is crucial, with predefined stop-loss and profit targets to control losses. This strategy works best on high-liquidity indices like Nifty and Bank Nifty, especially on volatile trading days.
Indicador Pine Script®
Indicador Pine Script®
Rai x DynamicRai x Dynamic – Advanced RSI TMA Trend Force Indicator
Description:
This indicator combines RSI with a custom TMA (Triangular Moving Average) and Trend Force EMA filter
to provide high-quality BUY/SELL signals with neon-style visual feedback.
Features:
• RSI + TMA crossover signals
• EMA Trend Force filter for trend confirmation
• Dynamic BUY/SELL labels with neon color themes
• Win/Loss labels for past signals (educational purposes)
• Live Dashboard showing trend, win rate, wins/loss count
• Works on any timeframe, best for short-term analysis
Instructions:
1. Use the “Enable Trend Force Filter” to follow EMA trend direction.
2. Adjust RSI Length, TMA Half Length, and Deviation to suit your trading style.
3. Observe BUY/SELL signals with the neon labels.
4. Dashboard provides visual stats for last N bars (adjustable via Dashboard Lookback).
5. For best results, combine with volume and higher timeframe trend confirmation.
⚠️ Note:
• This indicator is for educational and analysis purposes.
• No indicator guarantees profit. Always manage risk responsibly.
Indicador Pine Script®
Rai Shot ProRai Shot Pro (fx_rai) is an advanced hybrid trading indicator designed to analyze real market behavior by combining price action, volume, liquidity, and momentum-based logic.
It delivers high-probability Buy and Sell signals by filtering noise and focusing on institutional and smart money movements.
This indicator integrates multiple powerful market concepts into one complete system, making it suitable for both discretionary and confirmation-based trading strategies.
🔹 Core Features:
Candle Volume Analysis
Evaluates candle strength and weakness through volume behavior to identify institutional activity.
Liquidity Zone Detection
Highlights key liquidity areas where stop-hunts, breakouts, and smart money entries are likely to occur.
QQE (Quantitative Qualitative Estimation)
Measures momentum and trend strength to reduce false signals.
Footprint-Style Market Behavior
Analyzes internal buying and selling pressure to understand real market intent.
Market Trend Identification
Clearly defines uptrend, downtrend, and ranging market conditions.
Breakout & Reversal Confirmation
Helps distinguish real breakouts from fake moves and identifies high-probability reversal zones.
Hybrid Buy & Sell Strategy
Signals are generated only when multiple confirmations align, improving accuracy and reliability.
🔹 Suitable For:
Scalping
Intraday Trading
Swing Trading
Crypto, Forex, Indices, Stocks
⚠️ Best performance is achieved in trending markets with proper risk management.
Indicador Pine Script®
NSE Monthly Expiry 2022-26 : Ashish RajoriaThis indicator, "NSE Monthly Expiry Marker 2022-2026", is designed for traders on TradingView to visually track NSE (National Stock Exchange) monthly F&O (Futures & Options) expiry dates from 2022 to 2026. It plots red dashed vertical lines on each expiry date, with labels showing the month, year, and exact date for easy identification. The dates are accurately calculated based on NSE rules: last Thursday for months up to August 2025, and last Tuesday from September 2025 onwards, with holiday adjustments (e.g., shifted if expiry falls on a holiday). Additionally, it includes trading days, holidays in the session, and a link to www.GSTwork.com for reference. Ideal for option traders to plan strategies around expiry cycles, this tool helps in analyzing patterns over multiple years without manual calculations. Note: Ensure your chart timeframe is daily or higher for best visibility.
Indicador Pine Script®
In The Money Bull Market by Heather CullenITM BULL MARKET STRATEGY
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THE ONE-SENTENCE VERSION
Buy when the market is going up. Sell when it stops. Don't get faked out by small wiggles.
HOW IT ACTUALLY WORKS
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This strategy uses two lines on your chart:
• Fast line (10-day average) — reacts quickly
• Slow line (200-day average) — moves like a glacier
To buy: The fast line crosses above the slow line, AND they stay apart by at least 0.30% the next day. This "stay apart" rule keeps you from jumping in on weak, wishy-washy crosses that reverse immediately.
To sell: The fast line crosses below the slow line, AND they stay apart by at least 0.30% the next day. Same logic — we want real trend changes, not noise.
That's the whole system. Trend up = in. Trend down = out.
WHY THIS WORKS
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Most traders lose money because they:
1. Buy and sell too often
2. React to news and emotions
3. Get chopped up in sideways markets
This strategy fixes all three. You only trade when the big trend actually changes. Everything else is ignored.
WHAT YOU'LL SEE ON THE CHART
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• Orange line: Fast average (10)
• Blue line: Slow average (200)
• Green/red shading between lines: Shows if trend is bullish or bearish
• Teal/maroon background: "Pending zone" — a cross happened but waiting for confirmation
• Long/Close Label: Actual entry and exit points
• Info table: Current status at a glance
THE SETTINGS
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Fast SMA Length — How many days for the fast line. Default: 10
Slow SMA Length — How many days for the slow line. Default: 200
Min Separation % — How far apart the lines need to be to confirm. Default: 0.30%
Leave the defaults alone unless you know what you're doing. The 10/200 combo with 0.30% separation is battle-tested.
THE OPTIONS CONNECTION
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This strategy is based on Heather Cullen's "In The Money" approach. The full version involves:
1. Use this signal system (10/200 cross with confirmation)
2. Buy deep-in-the-money SPY call options instead of shares
3. Get ~2x the returns because you're using half the capital for the same exposure
The key rules for options (if you go that route):
• Strike price should be 50-60% of SPY's current price
• Time value should be less than 1% (explained below)
• Expiration 6-12 months out
• ROLL OUT when you hit 30 days to expiration (buy a new 6-12 month option)
• ROLL UP when your strike drops below 50% of SPY's price (market ran, option got too deep)
Why roll up? If SPY is at $500 and your strike is $240 (48%), you've lost leverage. Roll up to a $250-300 strike to restore the 50-60% ratio.
WHAT'S "TIME VALUE" AND WHY 1%?
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When you buy an option, you're paying for two things:
1. Real value — what the option is actually worth right now
(if SPY is $500 and your strike is $250, the real value is $250)
2. Time value — extra money for the possibility of future gains
Deep ITM options have very little time value. That's what we want — we're paying for actual value, not possibility.
The 1% rule: Time value should be less than 1% of SPY's price.
Example: SPY = $500
• Option price = $252
• Real value = $500 - $250 strike = $250
• Time value = $252 - $250 = $2
• Time value as % = $2 / $500 = 0.4% (under 1%, good!)
If time value is over 1%, go deeper ITM or farther out in time.
This script doesn't trade options for you. It just tells you when to be in or out.
COMMON QUESTIONS
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Why not just buy and hold?
Because bear markets exist. The 2008 crash took SPY down 50%+. This system got you out near the top and back in near the bottom.
Why the 0.30% separation rule?
Without it, you get "whipsawed" — the lines cross, you buy, they cross back, you sell at a loss, repeat. The separation filter means you only act on real trend changes.
What symbol should I use?
• SPY for standard accounts
• SPYG for smaller accounts (cheaper options)
• Works on daily charts
How often do I need to check?
Once a week is enough. This isn't day trading.
WHAT THIS STRATEGY WILL NOT DO
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• Catch exact tops and bottoms (nothing does)
• Work in choppy sideways markets (it stays out, which is the point)
• Make you rich overnight
• Replace your own judgment and risk management
THE BOTTOM LINE
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Markets trend. When they're trending up, be in. When they're trending down, be out. This strategy tells you which is which, with a filter to avoid false signals.
It's not exciting. It's not complicated. It just works.
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Based on the ITM strategy from Heather Cullen's "In The Money" book.
For education and research only. Not financial advice.
Past performance doesn't guarantee future results. Manage your own risk.
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Estrategia Pine Script®
Prashant Option Sellinghis intraday indicator by Prashant is designed to identify market direction and intraday trading opportunities.
It uses higher timeframe trend confirmation, session-based range levels, and dynamic trend support/resistance to help traders stay on the right side of the market.
Best suited for index and stock intraday trading.
Indicador Pine Script®






















