PROTECTED SOURCE SCRIPT
IV & Gamma Hedge Profile [ML Bayesian]

This indicator calculates the Greeks of options using the gamma and implied volatility of each strike price to generate a profile. This profile is then used as a component in determining whether the market bias is bullish or bearish. After that, we perform historical back-calculation to conduct a meta-analysis, giving us a confidence value that helps determine how many percent the bias leans toward bullish or bearish.
For trade entries, we use MACD and volume signals together, and the indicator also displays TP and SL lines.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.