OPEN-SOURCE SCRIPT
Updated 0DTE Strategy

30-Day Sprint: 0DTE Strategy Indicator
Based on NYC2000's tactical guide for scaling small accounts using disciplined 0DTE SPY options trading.
WHAT IT DOES:
- Tracks the 4 key trading windows throughout the day
- Shows 9EMA and VWAP on both current timeframe and 5-min HTF for trend alignment
- Displays pre-market levels (PMH, PML, PDC)
- Generates buy/sell signals based on trend + pullback entries
- Color-coded backgrounds warn you of the "Death Zone" (11am-3:30pm)
- Real-time dashboard shows trend alignment and recommended action
THE 4 WINDOWS:
1. Trade 1 (9:35-9:50 AM) - Morning Impulse Scalp - GREEN background
2. Trade 2 (10:00-10:20 AM) - Trend Confirmation - BLUE background
3. Death Zone (11:00 AM-3:30 PM) - STAY CASH - RED background
4. MOC Trade (3:45-4:00 PM) - Market-On-Close momentum - PURPLE background
HOW IT WORKS:
- BUY SIGNAL: Price above VWAP + 9EMA on both timeframes, pullback to EMA, then bounce
- SELL SIGNAL: Price below VWAP + 9EMA on both timeframes, rejection at EMA, then drop
- Only signals during active windows (avoids the Death Zone)
- Dashboard (top right) shows current status and what to watch for
WHAT YOU CAN CUSTOMIZE:
- Timeframes (default: 5-min trend, 30-sec entry)
- All trading window times
- EMA length (default: 9)
- Colors for everything
- Toggle on/off: signals, windows, pre-market levels, alerts, dashboard
- Alert notifications for signals and zone changes
BEST USE:
Apply to SPY on 30-second chart. Use 5-minute for trend confirmation. Follow the strict trading windows and risk management rules from the original guide.
Remember: This is a visual aid. It shows you WHEN and WHERE to look for setups. You still need to confirm with MOC imbalance data,
TICK, and follow the 20% hard stop rule.
Based on NYC2000's tactical guide for scaling small accounts using disciplined 0DTE SPY options trading.
WHAT IT DOES:
- Tracks the 4 key trading windows throughout the day
- Shows 9EMA and VWAP on both current timeframe and 5-min HTF for trend alignment
- Displays pre-market levels (PMH, PML, PDC)
- Generates buy/sell signals based on trend + pullback entries
- Color-coded backgrounds warn you of the "Death Zone" (11am-3:30pm)
- Real-time dashboard shows trend alignment and recommended action
THE 4 WINDOWS:
1. Trade 1 (9:35-9:50 AM) - Morning Impulse Scalp - GREEN background
2. Trade 2 (10:00-10:20 AM) - Trend Confirmation - BLUE background
3. Death Zone (11:00 AM-3:30 PM) - STAY CASH - RED background
4. MOC Trade (3:45-4:00 PM) - Market-On-Close momentum - PURPLE background
HOW IT WORKS:
- BUY SIGNAL: Price above VWAP + 9EMA on both timeframes, pullback to EMA, then bounce
- SELL SIGNAL: Price below VWAP + 9EMA on both timeframes, rejection at EMA, then drop
- Only signals during active windows (avoids the Death Zone)
- Dashboard (top right) shows current status and what to watch for
WHAT YOU CAN CUSTOMIZE:
- Timeframes (default: 5-min trend, 30-sec entry)
- All trading window times
- EMA length (default: 9)
- Colors for everything
- Toggle on/off: signals, windows, pre-market levels, alerts, dashboard
- Alert notifications for signals and zone changes
BEST USE:
Apply to SPY on 30-second chart. Use 5-minute for trend confirmation. Follow the strict trading windows and risk management rules from the original guide.
Remember: This is a visual aid. It shows you WHEN and WHERE to look for setups. You still need to confirm with MOC imbalance data,
Release Notes
0DTE Strategy IndicatorWHAT IT DOES:
- Tracks the 4 key trading windows throughout the day
- Shows 9EMA and VWAP on both current timeframe and 5-min HTF for trend alignment
- Displays pre-market levels (PMH, PML, PDC)
- Generates buy/sell signals based on trend + pullback entries
- Color-coded backgrounds warn you of the "Death Zone" (11am-3:30pm)
- Real-time dashboard shows trend alignment and recommended action
THE 4 WINDOWS:
1. Trade 1 (9:35-9:50 AM) - Morning Impulse Scalp - GREEN background
2. Trade 2 (10:00-10:20 AM) - Trend Confirmation - BLUE background
3. Death Zone (11:00 AM-3:30 PM) - STAY CASH - RED background
4. MOC Trade (3:45-4:00 PM) - Market-On-Close momentum - PURPLE background
HOW IT WORKS:
- BUY SIGNAL: Price above VWAP + 9EMA on both timeframes, pullback to EMA, then bounce
- SELL SIGNAL: Price below VWAP + 9EMA on both timeframes, rejection at EMA, then drop
- Only signals during active windows (avoids the Death Zone)
- Dashboard (top right) shows current status and what to watch for
WHAT YOU CAN CUSTOMIZE:
- Timeframes (default: 5-min trend, 30-sec entry)
- All trading window times
- EMA length (default: 9)
- Colors for everything
- Toggle on/off: signals, windows, pre-market levels, alerts, dashboard
- Alert notifications for signals and zone changes
BEST USE:
Apply to SPY on 30-second chart. Use 5-minute for trend confirmation. Follow the strict trading windows and risk management rules from the original guide.
Remember: This is a visual aid. It shows you WHEN and WHERE to look for setups. You still need to confirm with MOC imbalance data,
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.