Indikator Pine Script®
Options
Astro's MG detector V3I have been viewing charts on the 5 min time frame for countless hours and at the end of the day I would usually sit down and find all the gaps where price has skipped a beat. The reason being is I believe price will eventually come and find the irregularity on the chart, so I developed this indicator to pick up on them by itself and let me know where they lie. Thanks for using this indicator, your feedback or support is greatly appreciated.
Indikator Pine Script®
Indikator Pine Script®
Options test Daily Long 08:30 Exit next day 08:00 UTCThis strategy allows to "backtest" 0DTE option straddles. It "buys" right after the expiration time and sells next day on expiration. Once you run the script, you can download the excel file with the results of each trade that will give you the followng information:
- potential move at expiry
- largest drawups and drawdowns
With this information you can manually backtest your options strategy on diffrent assets.
Strategi Pine Script®
EMA-VWAP-RSI Long StrategyThis is an intraday long only strategy for options scalping. The key entry criteria are EMA 5 crossover EMA 13 provided the price is above or equal to VWAP AND EMA 21 ( trend filter for short term) . Also RSI si rising and at least 46. Exit is on stock closing below the low of the candle before the entry candle.
Strategi Pine Script®
Cammys Swing Panelmeow meow this indicator shows you what stocks to get into for options based on weekly bias and analysis
Indikator Pine Script®
A+ 0DTE ORB Retest System (9/21 EMA)A+ Setup for 0dte. This indicator will highlight an A+ setup for calls and puts
Indikator Pine Script®
Bank Nifty Futures Five RoundsNSE:BANKNIFTY1!
STRATEGY OVERVIEW — BIG PICTURE
This is a mean-reversion, intraday, round-number rejection strategy designed for Bank Nifty Futures
on the 1-minute chart. It fades failed moves around major round numbers instead of chasing
momentum.
WHAT THIS STRATEGY IS NOT
• Not a breakout strategy
• Not a trend-following strategy
• Not a scalping strategy
CORE ASSUMPTION
Around 500-point round numbers, Bank Nifty often overshoots by ~50 points and then reverts. This
strategy fades that failed extension.
KEY LEVELS
Every bar identifies the current 500-point block.
Example: Price 59,732 → Block 59,500–60,000
Levels used:
• Exact 500 round (59,500)
• Round +50 (59,550) rejection zone
• Round −50 (59,450) rejection zone
TIME FILTER
Trades allowed only between 09:30 IST and 15:10 IST.
MARKET CONDITION FILTER
Distance from 50 EMA must be reasonable (~300 points max).
Trending markets are avoided.
ENTRY LOGIC
SHORT: Price touches +50 and closes below it (rejection).
LONG: Price touches −50 and closes above it (reclaim).
RISK MANAGEMENT
Hard stop loss from entry:
• Long: −80 points
• Short: +80 points
PROFIT MANAGEMENT
• 50% booked at +60 points
• Remaining 50% targets +160 points
• Break-even activates only after +90 points in favor
SESSION EXIT
All positions closed at 15:10 IST.
EXPECTANCY
Avg loss ≈ −80
Avg win ≈ +110 to +130
Win rate ≈ 45–52%
WHEN THIS STRATEGY FAILS
• Strong trend days
• News-driven sessions
• Very low volatility days
This is a survival-first intraday system designed for consistency, not prediction.
Strategi Pine Script®
PSP SHALOM BNS - Global Pro Default OFFPSP Professional Asset Correlation Marker
This indicator identifies "Mixed Candles" (Divergence) between major indices like NASDAQ, S&P 500, and Dow Jones. Its primary goal is to spot moments where one asset is moving in the opposite direction of the others, signaling potential market shifts or "fake-outs".
Main Features:
Visual Correlation: Automatically compares the color (Red/Green) of the candle across selected assets.
PSP Marker: Displays a "P" (or your chosen shape) above the candle when a divergence is detected.
Integrated Alerts: Supports built-in alerts for real-time notification upon candle close.
Settings (Inputs):
Assets Selection (NASDAQ / S&P 500 / DAO): Choose the specific symbols you want to compare.
Include DAO: A toggle to include/exclude the Dow Jones from calculations (Default is OFF).
Sensitivity %: Define a minimum movement percentage to filter out market "noise" and Doji candles.
Marker Shape: Select your preferred visual icon (P, Star, Arrow, etc.).
Marker Size: Adjust the size of the icon on your chart (Small, Normal, Large).
Marker Color: Fully customize the color of the signal.
How to Enable Alerts (for the "Instructions" or "Description" field)
To receive real-time notifications (sound, pop-up, or mobile), follow these steps:
Open Alert Panel: Click the Clock icon on the right sidebar.
Create Alert: Click the + (Create Alert) button.
Condition: In the first dropdown, select "PSP SHALOM BNS - Global Pro".
Trigger: In the second dropdown, you must select "Any alert() function call".
Options: It is recommended to select "Once Per Bar Close" to avoid false signals during live candle movements.
Notification: Choose your preferred notification method (Notify in App, Pop-up, etc.).
Create: Click the Create button. You are all set!
גרסה בעברית
סיכום אינדיקטור: PSP Professional – זיהוי חריגות בין מדדים
אינדיקטור זה מזהה "נרות מעורבים" (Divergence) בין המדדים המרכזיים: נאסד"ק, S&P 500 ודאו ג'ונס. מטרתו העיקרית היא לאתר רגעים שבהם נכס אחד נע בכיוון הפוך מהשאר, מה שעשוי להעיד על שינוי במגמה או על פריצות שווא בשוק.
+1
תכונות עיקריות:
מתאם ויזואלי: השוואה אוטומטית של צבע הנר (אדום/ירוק) בין הנכסים שנבחרו.
סימון PSP: מציג את האות "P" (או כל צורה שתבחרו) מעל הנר ברגע שמתגלה חריגה.
התראות מובנות: תמיכה מלאה בהתראות בזמן אמת עם סגירת הנר.
הגדרות (Inputs):
בחירת נכסים (NASDAQ/S&P 500/DAO): בחירת הסימבולים הספציפיים להשוואה.
הכללת דאו ג'ונס (Include DAO): אפשרות להפעיל או לכבות את חישוב הדאו ג'ונס (ברירת מחדל: כבוי).
סף רגישות (Sensitivity %): קביעת אחוז תנועה מינימלי כדי לסנן "רעשי שוק" ונרות ללא גוף משמעותי.
צורת סימון (Marker Shape): בחירת האייקון שיופיע על הגרף (P, כוכב, חץ וכו').
גודל סימון (Marker Size): שליטה על גודל האייקון (קטן, רגיל, גדול).
צבע סימון (Marker Color): התאמה אישית של צבע הסיגנל.
הוראות להפעלת התראות
כדי לקבל התראות בזמן אמת (צליל, הודעה קופצת או התראה לנייד), יש לעקוב אחר השלבים הבאים:
פתיחת לוח ההתראות: לחצו על אייקון השעון בסרגל הכלים הימני.
יצירת התראה: לחצו על כפתור ה- + (Create Alert).
תנאי (Condition): בתיבה הראשונה, בחרו את האינדיקטור: "PSP SHALOM BNS - Global Pro".
טריגר: בתיבה השנייה, חובה לבחור באפשרות "Any alert() function call".
אפשרויות: מומלץ לבחור ב-"Once Per Bar Close" (פעם אחת בסגירת נר) כדי למנוע התראות שווא בזמן שהנר עדיין זז.
סיום: לחצו על Create. מעכשיו המערכת תתריע לכם על כל סיגנל!
Indikator Pine Script®
NAPTNAPT – NY Session Kill Zones
Displays New York time-based trading sessions and kill zones with DST adjustment.
Full 1-year session visualization
America/New_York timezone accurate
Clean pastel session backgrounds
Non-repainting
Designed for pre
Indikator Pine Script®
NAPTNAPT – NY Session Kill Zones
Displays New York time-based trading sessions and kill zones with DST adjustment.
Full 1-year session visualization
America/New_York timezone accurate
Clean pastel session backgrounds
Non-repainting
Designed for preNAPT – NY Session Kill Zones
Displays New York time-based trading sessions and kill zones with DST adjustment.
Full 1-year session visualization
America/New_York timezone accurate
Clean pastel session backgrounds
Non-repainting
Designed for pre
Indikator Pine Script®
NAPTNAPT – NY Session Kill Zones
Displays New York time-based trading sessions and kill zones with DST adjustment.
Full 1-year session visualization
America/New_York timezone accurate
Clean pastel session backgrounds
Non-repainting
Designed for pre
Indikator Pine Script®
JEETU g - NIFTY FLEX V6 - COMPLETEits nifty based option chain volume based support and resistance indicator help full for reversal points with full command on sl and tp
Indikator Pine Script®
Guga Azevedo 10(EMAs + SMAs)============================== 10 MOVING AVERAGES (EMA + SMA)
==============================
ENGLISH VERSION
10 Moving Averages (EMA + SMA) – Trend Structure from Micro to Macro
This indicator combines 7 Exponential Moving Averages (EMAs) and 3
Simple Moving Averages (SMAs) to provide a complete structural view of
the market, from micro momentum to macro trend regime.
Included Moving Averages: EMAs: 9, 20, 21, 34, 50, 100, 200 SMAs: 50,
100, 200
How to Use:
1. Trend Regime Filter Price above EMA/SMA 200 = bullish bias. Price
below EMA/SMA 200 = bearish bias.
2. Alignment / Stacking When shorter MAs are above longer MAs, trend
strength increases. Full alignment suggests strong directional
continuation.
3. Pullback Depth Analysis Respecting EMA 9 or 20 = strong trend.
Pullback to 34 or 50 = healthy trend. Pullback to 100 = moderate
strength. Loss of 200 = possible structural shift.
4. MA Compression When multiple MAs cluster together:
- Volatility contraction
- Accumulation phase
- Potential breakout setup
Features: - Line Mode or Ribbon Mode - Individual MA toggle on/off -
Custom colors - Anti-overlap labels on chart - Optional side table for
clean layout
Disclaimer: This is not an automated trading system. Always use proper
risk management and additional context (volume, structure, price
action).
Indikator Pine Script®
Indikator Pine Script®
JEETU Option Chain + SR Algo V5 - Combinedits for nifty volume based option chain hack happy trading
Indikator Pine Script®
NIFTY Decay Stop Golden Signal try hack megolden time, prefix to atr (v5 requirement). Save, compile—should work on NIFTY chart
Indikator Pine Script®
Nico Trend Change Indicator + 2 TP TargetsThe Trend Change Indicator (TCI) is a trend-following momentum tool designed to identify clear trade entries and exits based on the relationship between two moving averages and volatility-adjusted margins.
Here is a breakdown of how the indicator works and how to interpret its components:
1. The Core Ribbon (Momentum & Trend)
The heart of the indicator is the "Ribbon," formed by a Fast and a Slow-moving average.
Green Ribbon (Bullish): This occurs when the Fast length is significantly above the Slow length, indicating strong upward momentum. This serves as your Long Entry signal.
Red Ribbon (Bearish): This occurs when the Fast length is significantly below the Slow length, indicating strong downward momentum. This serves as your Put / Short Entry signal.
White Ribbon (Neutral/Chop): When the difference between the two averages is smaller than the volatility-based margin (determined by the ATR), the ribbon turns white. This is a No Trade Zone or a Take Profit (TP) Zone.
2. Volatility Filtering (ATR Margin)
Unlike a standard moving average crossover, the TCI uses an ATR (Average True Range) Margin.
The trend only changes to Bullish or Bearish if the gap between the Fast and Slow lines is larger than a specific percentage of the market's current volatility.
This helps filter out "fakeouts" or "noise" during sideways markets where moving averages might cross frequently without a real trend starting.
3. Support/Resistance & Forecast Dots
SMA Line: The thick white line is a long-term Simple Moving Average (defaulting to 140 periods). It acts as the primary "baseline." If the price is above this line, the overall bias is bullish; below it, the bias is bearish.
Forecast Dots: The white dots appearing ahead of the price are SMA Forecasts. They project where the SMA will likely be in the future based on current price action, helping you visualize potential dynamic support or resistance levels before the price reaches them.
4. Higher Timeframe (HTF) Analysis
The indicator includes a built-in "Security" function that looks at a higher timeframe (like the 4H or 12H) regardless of what chart you are currently viewing.
The dashboard table uses this to show you if the "Big Trend" (HTF) matches the "Current Trend" (Chart TF).
Trading in the direction of both timeframes (e.g., both are Green) typically increases the probability of a successful trade.
Summary of Trade Signals
Indikator Pine Script®
Classic Daily SMAs SkinnyThe Classic Daily SMAs indicator plots multiple daily simple moving averages (SMAs) on any intraday chart while preserving the classic old-school look.
Indikator Pine Script®
Indikator Pine Script®
Nico Mega Cap Dashboard + RSI Indicator Description: Mega Cap Dashboard + RSI (True TV Daily %)
This is a multi-symbol intraday leadership dashboard designed to monitor four major Nasdaq drivers directly on your main chart:
NVDA
MSFT
AAPL
META
It provides real-time visibility into price, daily performance, and momentum strength — all in a compact table overlay.
Core Components
1️⃣ Current Price
Displays the live close price of each stock based on your active chart timeframe (30s, 1m, 5m, etc.).
This allows you to see immediate price positioning without switching charts.
2️⃣ True Daily % Change (Matches TradingView)
Daily % is calculated correctly as:
(Current Price − Previous Daily Close) / Previous Daily Close × 100
This matches:
TradingView watchlist “Day %”
Broker daily performance
Market scanners
Color logic:
Green → Positive on the day
Red → Negative on the day
This gives you instant directional bias.
3️⃣ RSI (Relative Strength Index)
Default length: 14 (adjustable)
RSI is calculated on the same timeframe as your active chart.
Color logic:
Red → RSI > 70 (Overbought)
Lime → RSI < 30 (Oversold)
White → Neutral zone
This provides momentum and exhaustion context.
What This Indicator Is Designed For
This tool functions as a Nasdaq internal strength monitor.
Because NVDA, MSFT, AAPL, and META heavily influence:
QQQ
NQ futures
Nasdaq index movement
You can quickly determine:
Are market leaders aligned?
Is momentum broad-based or isolated?
Is QQQ strength supported internally?
Is the move extended or building?
Practical Trading Applications
1️⃣ Trend Confirmation
If:
3–4 stocks are green on the day
RSI values are above 50
→ Higher probability of continuation bias in QQQ/NQ.
2️⃣ Weak Internal Structure
If:
QQQ is pushing highs
But 2–3 leaders are red or RSI < 50
→ Potential divergence or fake breakout.
3️⃣ Exhaustion Detection
If multiple stocks show:
RSI > 70
Extended daily %
→ Increased probability of pullback or rotation.
4️⃣ Scalping Alignment (30s–2min)
Before entering a trade:
Check if leadership is aligned with your direction.
Avoid trades when dashboard shows mixed signals.
Technical Structure
The script uses:
request.security() for cross-symbol data retrieval
Daily timeframe previous close for accurate day %
Real-time intraday RSI calculation
table.new() for structured UI display
Overlay rendering (top-right of main chart)
It updates dynamically with each new bar.
Indikator Pine Script®
Dual Iron Butterfly Analyzer Overview
This indicator backtests and analyzes a 0DTE (zero days to expiration) dual iron butterfly options strategy on SPX. It measures how often price stays within profitable ranges from a fixed daily entry time to settlement, calculating expected P/L based on your butterfly structure.
The strategy enters at 16:00 CET (10:00 ET) and settles at RTH close (22:00 CET / 16:00 ET), giving approximately 6 hours of exposure per trade.
Strategy Structure
The dual iron butterfly consists of two overlapping flies centered around the entry price:
Fly A (Bearish-Biased)
Center strike at Entry Price minus Offset (default: -20 points)
Wings extend ±40 points from center
Fly B (Bullish-Biased)
Center strike at Entry Price plus Offset (default: +20 points)
Wings extend ±40 points from center
This creates three profit zones:
Max Profit Zone: Price settles between the two center strikes (within ±20 points of entry)
Both Win Zone: Price settles where both flies remain profitable (within ±40 points)
Breakeven Zone: Combined structure breaks even at ±60 points from entry
How It Works
The indicator captures the entry price at 16:00 CET each trading day and records the settlement price at the following day's first bar. It then calculates:
Deviation Analysis
Absolute percentage and point deviation from entry to settlement, sorted into customizable buckets to show the probability distribution.
P/L Calculation
For each fly, the P/L formula is: Credit minus the minimum of (deviation from center) or (wing width). The combined P/L sums both flies. With default settings (29 points credit per fly, $100 multiplier), max profit per day is $3,200 and max loss is $2,200.
Drawdown Tracking
The indicator tracks cumulative P/L over the lookback period, calculating peak equity, maximum drawdown, and current drawdown to assess strategy risk.
What Makes This Different
Unlike standard deviation indicators, this tool is purpose-built for options traders analyzing dual iron butterfly viability. It provides:
Options-specific P/L calculations based on actual butterfly payoff structure
Visual probability distribution with key thresholds marked (breakeven, both-win, max-profit zones)
Rolling lookback window that respects your chosen sample size
Drawdown metrics essential for position sizing and risk management
Features
Distribution Table — Shows deviation buckets with cumulative probability
Zone Highlighting — Color-coded rows for max profit, both-win, and breakeven thresholds
P/L Summary — Total P/L, average per session, win rate, best/worst days
Drawdown Section — Max drawdown in dollars and percentage, peak equity, current drawdown
Optional Labels — Entry and settlement markers on the chart
Configurable Structure — Adjust offset, wing width, and credit to match your actual trades
Settings Guide
Iron Butterfly Structure
Center Offset — Distance from entry price to each fly's center strike (default: 20 points). Larger offset = wider max profit zone but lower probability.
Wing Width — Distance from center to outer wings (default: 40 points). Determines max loss per fly and breakeven distance.
Net Credit per Fly — Premium received per iron butterfly in SPX points (default: 29). Adjust based on current market conditions and your actual fills.
Lookback — Rolling window of trading days to analyze (default: 252 = 1 year). Use 504 for 2 years of data.
Distribution Settings
Bucket Size — Percentage increment for distribution buckets (default: 0.10%). Smaller = more granular view.
Number of Buckets — How many rows to display (default: 20).
Display
Table Position — Corner placement for the statistics table.
Show Entry/Settle Labels — Toggle chart labels marking entry and settlement prices.
How to Use
Apply to SPX (SPCFD) on an intraday timeframe (1 hour recommended)
Set the butterfly parameters to match your intended trade structure
Review the Cumul % column to see probability of staying within each deviation level
The highlighted BREAKEVEN row shows your probability of profit
Use the P/L Summary to evaluate expected returns over your lookback period
Monitor the Drawdown section to understand worst-case scenarios for position sizing
Interpreting the Table
Purple row (MAX PROFIT) — Deviation where both flies achieve maximum profit
Green row (BOTH WIN) — Deviation where both flies remain profitable
Yellow row (BREAKEVEN) — Combined structure breakeven point
Green percentages (≥80%) — High probability levels
Orange percentages (60-79%) — Medium probability levels
Red percentages (<60%) — Lower probability levels
Chart Requirements
Symbol: SPX (use SPCFD for extended hours data)
Timeframe: Intraday (1h recommended, 30m or lower also works)
The chart must include 16:00 CET bars for entry detection
Alerts
Deviation Exceeds Breakevens — Triggered when settlement exceeds the combined breakeven range
Max Profit Zone Hit — Triggered when settlement falls within the max profit zone
Limitations
Historical analysis only — Past deviation patterns may not predict future behavior
Fixed entry time — Does not account for intraday entry timing optimization
Credit assumption — Actual premiums vary with VIX, time to expiry, and market conditions
No transaction costs — Does not include commissions, fees, or slippage
Single contract — Assumes 1 contract per trade with no scaling or compounding
Disclaimer
This indicator is for educational and research purposes only. It does not constitute financial advice.
Past performance does not guarantee future results
Options trading involves significant risk of loss
The P/L calculations are theoretical based on your input parameters
Always paper trade and validate with real market data before risking capital
Conduct your own research and consult a financial advisor if needed
Indikator Pine Script®
Trinity VIX DashboardTrinity VIX Dashboard Indicator – Quick TradingView Guide
**Purpose**
This lightweight indicator displays the current **VIX value** + its short-term trend (based on the last 3 candles) directly on your chart.
It’s especially useful for options traders on 3–10 minute charts who want a fast visual check of volatility mood without switching symbols.
**What it shows**
- **VIX** label
- Current VIX value (with customizable background color)
- Trend direction of the last 3 candles:
- **Up ↑** (red by default)
- **Down ↓** (green by default)
- **Sideways ↔** (gray by default)
**Color logic for the VIX value**
- Below **Low Threshold** → green background (default 18)
- Above **High Threshold** → red background (default 19)
- Between the two thresholds → yellow background (neutral zone)
**How to add and use it**
1. Open TradingView → Pine Editor
2. Paste the full script (the latest version I provided)
3. Click “Add to Chart”
**Customize in Settings (Inputs tab)**
- **Table Position**
Choose where the panel appears: Top Left, Top Right, Top Middle, Bottom Right, Bottom Middle, etc. (Bottom Right is default)
- **Text Size**
Tiny / Small / Normal / Large (Normal is default)
- **VIX Low Threshold** (default 18.0)
Anything below this level gets the “low” color (usually green)
- **VIX High Threshold** (default 19.0)
Anything above this level gets the “high” color (usually red)
- **Background Colors**
- VIX < Low Threshold (green)
- VIX > High Threshold (red)
- Between thresholds (yellow)
- **Trend Colors**
- Up trend
- Down trend
- Sideways
**Practical usage tips for options trading (3–10 min charts)**
- **Low VIX (< your low threshold)** → calm market → expect smaller moves, tighter option premiums, good for selling premium or calls (long calls, credit spreads, iron condors)
- **High VIX (> your high threshold)** → fear / volatility spike → wider ranges, more expensive options, good for buying premium (long puts, debit spreads) or scalping volatility
- **Middle zone** → neutral / uncertain → avoid aggressive directional trades or wait for breakout
- Watch the **trend arrow**:
- Down arrow (green) → volatility contracting → potential mean-reversion or calm continuation
- Up arrow (red) → volatility expanding → possible panic or big move coming
**Best chart setup**
Works best on SPX, SPY, QQQ, or any major index where VIX data is reliable.
Use on lower timeframes (3–15 min) for intraday options decisions.
**Limitations**
- No resizing or dragging (Pine Script limitation) — only move via position input
- Shows only last 3 candles trend (simple but fast)
- Requires TVC:VIX data access on your chart
That’s it — a minimal, focused VIX snapshot you can glance at while trading options. Adjust thresholds to match your strategy (e.g. 15/20, 17/25, 12/30 are popular alternatives).
Indikator Pine Script®






















