INVITE-ONLY SCRIPT

OPTIONS MILLIONAIRE

22
OPTIONS MILLIONAIRE is an advanced indicator designed to identify optimal turning points in the market by combining volatility and momentum analysis. It uses the Bollinger Band Width Percentage (BBW%) to detect phases of compression (low volatility) and expansion (high volatility), coloring the chart background accordingly. Signal arrows (CALL/PUT) are generated when the market is in oversold or overbought conditions (via the Stochastic %K) in conjunction with specific volatility phases. Ideal for options-based strategies and reversal trading.


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.