Monthly Expected Move (IV + Realized)What it does
Overlays 1-month expected move bands on price using both forward-looking options data and backward-looking realized movement:
IV30 band — from your pasted 30-day implied vol (%)
Straddle band — from your pasted ATM ~30-DTE call+put total
HV band — from Historical Volatility computed on-chart
ATR band — from ATR% extrapolated to ~1 trading month
Use it to quickly answer: “How much could this stock move in ~1 month?” and “Is the market now pricing more/less movement than we’ve actually been getting?”
Inputs (quick)
Implied (forward-looking)
Use IV30 (%) — paste annualized IV30 from your options platform.
Use ATM 30-DTE Straddle — paste Call+Put total (per share) at the ATM strike, ~30 DTE.
Realized (backward-looking)
HV lookback (days) — default 21 (≈1 trading month).
ATR length — default 14.
Note: TradingView can’t fetch option data automatically. Paste the IV30 % or the straddle total you read from your broker (use Mark/mid prices).
How it’s calculated
IV band (±%) = IV30 × √(21/252) (annualized → ~1-month).
Straddle band (±%) = (ATM Call + Put) / Spot to that expiry (≈30 DTE).
HV band (±%) = stdev(log returns, N) × √252 × √(21/252).
ATR band (±%) = (ATR(len)/Close) × √21.
All bands are plotted as upper/lower envelopes around price, plus an on-chart readout of each ±% for quick scanning.
How to use it (at a glance)
IV/Straddle bands wider than HV/ATR → market expects bigger movement than recent actuals (possible catalyst/expansion).
All bands narrow → likely a low-mover; look elsewhere if you want action.
HV > IV → realized swings exceed current pricing (mean-reversion or vol bleed often follows).
Pro tips
For ATM straddle: pick the expiry closest to ~30 DTE, use the ATM strike (closest to spot), and add Call Mark + Put Mark (per share). If the exact ATM strike isn’t quoted, average the two neighboring strikes.
The simple straddle/spot heuristic can read slightly below the IV-derived 1σ; that’s normal.
Keep the chart on daily timeframe—the math assumes trading-day conventions (~252/yr, ~21/mo).
Options
Smart Money Confluence Scanner// Smart Money Confluence Scanner v2.0
// Combines Fair Value MS + Zero Lag Trend + Target Trend + Gann High Low
// © Smart Money Trading System
//
// USAGE NOTES:
// ============
// 1. This indicator combines 4 different trend analysis methods for confluence trading
// 2. Signals require multiple confirmations (default: 3 out of 4 indicators)
// 3. Best used on higher timeframes (4H, Daily) for more reliable signals
// 4. Always use proper risk management - suggested 1-2% risk per trade
//
// INDICATOR COMPONENTS:
// ====================
// - Zero Lag EMA: Trend direction with volatility bands
// - Gann High/Low: Market structure analysis
// - Target Trend: Momentum-based trend detection
// - Fair Value Gaps: Price inefficiency identification
//
// SIGNAL INTERPRETATION:
// ======================
// GREEN ARROW (BUY): Multiple bullish confirmations aligned
// RED ARROW (SELL): Multiple bearish confirmations aligned
// TABLE: Shows real-time status of each indicator
// FVG BOXES: Price gaps that may act as support/resistance
// AOI CIRCLES: Near significant Fair Value Gap levels
//
// ALERTS AVAILABLE:
// ================
// - Main Buy/Sell Signals (high confidence)
// - Bull/Bear Watch (3 confirmations, prepare for entry)
// - Trend Change Detection (early warning)
//
// RISK MANAGEMENT:
// ===============
// - Stop Loss: Automatically calculated based on market structure
// - Take Profit: 2:1 risk/reward ratio (configurable)
// - Position sizing considers volatility (ATR-based)
//
// OPTIMIZATION TIPS:
// ==================
// - Adjust "Minimum Confirmations" based on market conditions
// - In volatile markets: increase confirmations to 4
// - In trending markets: decrease to 2 for more signals
// - Backtest parameters on your specific timeframe/asset
//
// VERSION HISTORY:
// ===============
// v2.0: Fixed Pine Script v5 compatibility issues
// - Resolved boolean type inference problems
// - Fixed dynamic hline() issues with AOI levels
// - Improved null value handling throughout
//@version=5
indicator("Smart Money Confluence Scanner", shorttitle="SMCS", overlay=true, max_lines_count=500, max_boxes_count=500, max_labels_count=500)
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// INPUTS
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// === TREND DETECTION SETTINGS ===
zlLength = input.int(70, "Zero Lag EMA Length", group="Trend Detection")
zlMult = input.float(1.2, "Volatility Band Multiplier", group="Trend Detection")
gannHigh = input.int(13, "Gann High Period", group="Trend Detection")
gannLow = input.int(21, "Gann Low Period", group="Trend Detection")
trendLength = input.int(10, "Target Trend Length", group="Trend Detection")
// === STRUCTURE SETTINGS ===
showFVG = input.bool(true, "Show Fair Value Gaps", group="Market Structure")
showAOI = input.bool(true, "Show Areas of Interest", group="Market Structure")
aoiCount = input.int(3, "Max AOIs to Display", minval=1, group="Market Structure")
// === SIGNAL SETTINGS ===
requireMultiConfirm = input.bool(true, "Require Multi-Indicator Confirmation", group="Signal Filtering")
minConfirmations = input.int(3, "Minimum Confirmations Required", minval=2, maxval=4, group="Signal Filtering")
riskReward = input.float(2.0, "Minimum Risk:Reward Ratio", group="Risk Management")
// === VISUAL SETTINGS ===
bullColor = input.color(#00ff88, "Bullish Color", group="Appearance")
bearColor = input.color(#ff0044, "Bearish Color", group="Appearance")
fvgBullColor = input.color(color.new(#00ff88, 80), "FVG Bull Fill", group="Appearance")
fvgBearColor = input.color(color.new(#ff0044, 80), "FVG Bear Fill", group="Appearance")
aoiColor = input.color(color.yellow, "AOI Color", group="Appearance")
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// FUNCTIONS
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// ATR-based calculations
atr20 = ta.atr(20)
atr200 = ta.sma(ta.atr(200), 200) * 0.8
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// ZERO LAG TREND
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
lag = math.floor((zlLength - 1) / 2)
zlema = ta.ema(close + (close - close ), zlLength)
volatility = ta.highest(ta.atr(zlLength), zlLength*3) * zlMult
var int zlTrend = 0
if ta.crossover(close, zlema + volatility)
zlTrend := 1
if ta.crossunder(close, zlema - volatility)
zlTrend := -1
// Zero Lag signals with explicit boolean typing
zlBullEntry = bool(ta.crossover(close, zlema) and zlTrend == 1 and zlTrend == 1)
zlBearEntry = bool(ta.crossunder(close, zlema) and zlTrend == -1 and zlTrend == -1)
zlTrendChange = bool(ta.change(zlTrend) != 0)
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// GANN HIGH LOW
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
gannSmaHigh = ta.sma(high, gannHigh)
gannSmaLow = ta.sma(low, gannLow)
gannDirection = close > nz(gannSmaHigh ) ? 1 : close < nz(gannSmaLow ) ? -1 : 0
gannValue = ta.valuewhen(gannDirection != 0, gannDirection, 0)
gannLine = gannValue == -1 ? gannSmaHigh : gannSmaLow
// Gann signals with explicit boolean typing
gannBullCross = bool(ta.crossover(close, gannLine) and gannValue == 1)
gannBearCross = bool(ta.crossunder(close, gannLine) and gannValue == -1)
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// TARGET TREND
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
targetSmaHigh = ta.sma(high, trendLength) + atr200
targetSmaLow = ta.sma(low, trendLength) - atr200
var bool targetTrend = false // Explicit initialization
if ta.crossover(close, targetSmaHigh)
targetTrend := true
if ta.crossunder(close, targetSmaLow)
targetTrend := false
targetValue = targetTrend ? targetSmaLow : targetSmaHigh
targetBullSignal = bool(ta.change(targetTrend) and not targetTrend )
targetBearSignal = bool(ta.change(targetTrend) and targetTrend )
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// FAIR VALUE GAPS
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// FVG Detection with explicit boolean typing
fvgBull = bool(low > high and close > high )
fvgBear = bool(high < low and close < low )
// Basic Market Structure
var int msDirection = 0
var float msHigh = high
var float msLow = low
if fvgBull and msDirection <= 0
msDirection := 1
msHigh := high
msLow := low
if fvgBear and msDirection >= 0
msDirection := -1
msHigh := high
msLow := low
if msDirection == 1 and high > msHigh
msHigh := high
if msDirection == -1 and low < msLow
msLow := low
// Structure breaks with explicit boolean typing
structureBreakBull = bool(msDirection == 1 and ta.crossover(close, msHigh ))
structureBreakBear = bool(msDirection == -1 and ta.crossunder(close, msLow ))
// Areas of Interest (AOI) - Store significant FVG levels (simplified approach)
var float aoiLevels = array.new_float(0)
if showAOI and (fvgBull or fvgBear)
newLevel = fvgBull ? high : low
// Check if this level is significantly different from existing ones
addLevel = true
if array.size(aoiLevels) > 0
for existingLevel in aoiLevels
if math.abs(newLevel - existingLevel) < atr20 * 0.5
addLevel := false
break
if addLevel
array.push(aoiLevels, newLevel)
if array.size(aoiLevels) > aoiCount
array.shift(aoiLevels)
// Note: AOI levels are stored in array for reference and marked with visual indicators
// Visual AOI markers - place small indicators when price is near AOI levels
aoiNearby = false
if showAOI and array.size(aoiLevels) > 0
for level in aoiLevels
if not na(level) and math.abs(close - level) <= atr20
aoiNearby := true
break
// Plot AOI proximity indicator
plotshape(aoiNearby, title="Near AOI Level", location=location.belowbar,
color=color.new(aoiColor, 0), style=shape.circle, size=size.tiny)
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// SIGNAL INTEGRATION
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// Count confirmations for each direction
// NOTE: This is the core logic - we need multiple indicators agreeing for high-confidence signals
var int bullConfirmations = 0
var int bearConfirmations = 0
// Reset counters each bar
bullConfirmations := 0
bearConfirmations := 0
// Check each indicator (4 total possible confirmations)
// 1. Zero Lag Trend Direction
if zlTrend == 1
bullConfirmations += 1
if zlTrend == -1
bearConfirmations += 1
// 2. Gann High/Low Position
if close > gannLine and nz(gannValue) == 1
bullConfirmations += 1
if close < gannLine and nz(gannValue) == -1
bearConfirmations += 1
// 3. Target Trend Direction
if targetTrend == true
bullConfirmations += 1
if targetTrend == false
bearConfirmations += 1
// 4. Market Structure Direction
if msDirection == 1
bullConfirmations += 1
if msDirection == -1
bearConfirmations += 1
// CONFLUENCE FILTER: Only trade when multiple indicators agree
baseConditionsMet = bool(requireMultiConfirm ? (bullConfirmations >= minConfirmations or bearConfirmations >= minConfirmations) : true)
// Enhanced entry signals with proper null handling
strongBullSignal = bool(baseConditionsMet and bullConfirmations >= minConfirmations and (zlBullEntry or gannBullCross or targetBullSignal or structureBreakBull or fvgBull))
strongBearSignal = bool(baseConditionsMet and bearConfirmations >= minConfirmations and (zlBearEntry or gannBearCross or targetBearSignal or structureBreakBear or fvgBear))
// RISK MANAGEMENT: Dynamic stop loss and take profit calculation
// Stop losses are placed at logical market structure levels, not arbitrary percentages
stopLossLevelBull = nz(targetTrend ? targetSmaLow : nz(msLow, low) - atr20, low - atr20)
stopLossLevelBear = nz(targetTrend ? targetSmaHigh : nz(msHigh, high) + atr20, high + atr20)
// Calculate risk amount (distance to stop loss)
riskAmountBull = math.max(close - stopLossLevelBull, 0)
riskAmountBear = math.max(stopLossLevelBear - close, 0)
// Multiple take profit levels for scaling out positions
target1Bull = close + (riskAmountBull * riskReward) // 1st target: 2R (default)
target2Bull = close + (riskAmountBull * riskReward * 1.5) // 2nd target: 3R
target3Bull = close + (riskAmountBull * riskReward * 2.5) // 3rd target: 5R
target1Bear = close - (riskAmountBear * riskReward) // 1st target: 2R (default)
target2Bear = close - (riskAmountBear * riskReward * 1.5) // 2nd target: 3R
target3Bear = close - (riskAmountBear * riskReward * 2.5) // 3rd target: 5R
// Risk/Reward filter with explicit boolean typing
validRRBull = bool(riskAmountBull > 0 and (riskAmountBull * riskReward) > (close * 0.01))
validRRBear = bool(riskAmountBear > 0 and (riskAmountBear * riskReward) > (close * 0.01))
// Final signals with explicit boolean typing and proper null handling
finalBullSignal = bool(nz(strongBullSignal, false) and nz(validRRBull, false) and barstate.isconfirmed)
finalBearSignal = bool(nz(strongBearSignal, false) and nz(validRRBear, false) and barstate.isconfirmed)
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// VISUALS
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// Plot main trend lines
plot(zlema, "Zero Lag EMA", color=zlTrend == 1 ? bullColor : zlTrend == -1 ? bearColor : color.gray, linewidth=2)
plot(gannLine, "Gann Line", color=nz(gannValue) == 1 ? color.new(bullColor, 50) : color.new(bearColor, 50), linewidth=1)
// Plot FVGs
if showFVG and fvgBull
box.new(bar_index , high , bar_index, low, border_color=bullColor, bgcolor=fvgBullColor)
if showFVG and fvgBear
box.new(bar_index , low , bar_index, high, border_color=bearColor, bgcolor=fvgBearColor)
// Signal arrows
plotshape(finalBullSignal, "BUY Signal", shape.triangleup, location.belowbar, bullColor, size=size.normal)
plotshape(finalBearSignal, "SELL Signal", shape.triangledown, location.abovebar, bearColor, size=size.normal)
// Entry and target labels
if finalBullSignal
label.new(bar_index, low - atr20,
text="BUY SIGNAL Check Details on Chart",
style=label.style_label_up, color=bullColor, textcolor=color.white, size=size.normal)
if finalBearSignal
label.new(bar_index, high + atr20,
text="SELL SIGNAL Check Details on Chart",
style=label.style_label_down, color=bearColor, textcolor=color.white, size=size.normal)
// Confirmation status table
if barstate.islast
var table infoTable = table.new(position.top_right, 3, 6, bgcolor=color.new(color.white, 80), border_width=1)
table.cell(infoTable, 0, 0, "Indicator", text_color=color.black, bgcolor=color.new(color.gray, 70))
table.cell(infoTable, 1, 0, "Bull", text_color=color.black, bgcolor=color.new(color.gray, 70))
table.cell(infoTable, 2, 0, "Bear", text_color=color.black, bgcolor=color.new(color.gray, 70))
table.cell(infoTable, 0, 1, "Zero Lag", text_color=color.black)
table.cell(infoTable, 1, 1, zlTrend == 1 ? "✓" : "✗", text_color=zlTrend == 1 ? bullColor : color.gray)
table.cell(infoTable, 2, 1, zlTrend == -1 ? "✓" : "✗", text_color=zlTrend == -1 ? bearColor : color.gray)
table.cell(infoTable, 0, 2, "Gann", text_color=color.black)
table.cell(infoTable, 1, 2, (close > gannLine and nz(gannValue) == 1) ? "✓" : "✗", text_color=(close > gannLine and nz(gannValue) == 1) ? bullColor : color.gray)
table.cell(infoTable, 2, 2, (close < gannLine and nz(gannValue) == -1) ? "✓" : "✗", text_color=(close < gannLine and nz(gannValue) == -1) ? bearColor : color.gray)
table.cell(infoTable, 0, 3, "Target", text_color=color.black)
table.cell(infoTable, 1, 3, targetTrend == true ? "✓" : "✗", text_color=targetTrend == true ? bullColor : color.gray)
table.cell(infoTable, 2, 3, targetTrend == false ? "✓" : "✗", text_color=targetTrend == false ? bearColor : color.gray)
table.cell(infoTable, 0, 4, "Structure", text_color=color.black)
table.cell(infoTable, 1, 4, msDirection == 1 ? "✓" : "✗", text_color=msDirection == 1 ? bullColor : color.gray)
table.cell(infoTable, 2, 4, msDirection == -1 ? "✓" : "✗", text_color=msDirection == -1 ? bearColor : color.gray)
table.cell(infoTable, 0, 5, "TOTAL", text_color=color.black, bgcolor=color.new(color.gray, 70))
table.cell(infoTable, 1, 5, str.tostring(bullConfirmations) + "/4", text_color=bullConfirmations >= minConfirmations ? bullColor : color.gray, bgcolor=color.new(color.gray, 70))
table.cell(infoTable, 2, 5, str.tostring(bearConfirmations) + "/4", text_color=bearConfirmations >= minConfirmations ? bearColor : color.gray, bgcolor=color.new(color.gray, 70))
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// ALERTS
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// Main alert conditions with proper boolean handling
alertcondition(finalBullSignal, title="SMCS Buy Signal", message="SMCS Buy Signal at {{close}}")
alertcondition(finalBearSignal, title="SMCS Sell Signal", message="SMCS Sell Signal at {{close}}")
// Additional watch alerts for near-signals
bullWatch = bool(bullConfirmations >= 3 and not finalBullSignal)
bearWatch = bool(bearConfirmations >= 3 and not finalBearSignal)
trendChange = bool(zlTrendChange)
alertcondition(bullWatch, title="SMCS Bull Watch", message="SMCS Bull Watch: 3 Confirmations")
alertcondition(bearWatch, title="SMCS Bear Watch", message="SMCS Bear Watch: 3 Confirmations")
alertcondition(trendChange, title="SMCS Trend Change", message="SMCS Trend Change Detected")
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
// CONFIGURATION GUIDE
//═══════════════════════════════════════════════════════════════════════════════════════════════════════════════════════
//
// RECOMMENDED SETTINGS BY TIMEFRAME:
// ==================================
//
// SCALPING (1M-5M):
// - Zero Lag Length: 50
// - Gann High: 8, Gann Low: 13
// - Min Confirmations: 4 (strict filtering)
// - Risk/Reward: 1.5
//
// SWING TRADING (1H-4H):
// - Zero Lag Length: 70 (default)
// - Gann High: 13, Gann Low: 21 (default)
// - Min Confirmations: 3 (default)
// - Risk/Reward: 2.0 (default)
//
// POSITION TRADING (Daily+):
// - Zero Lag Length: 100
// - Gann High: 21, Gann Low: 34
// - Min Confirmations: 2 (more signals)
// - Risk/Reward: 3.0
//
// MARKET CONDITIONS:
// ==================
// TRENDING MARKETS: Reduce confirmations to 2, increase RR to 3:1
// RANGING MARKETS: Increase confirmations to 4, keep RR at 2:1
// HIGH VOLATILITY: Increase volatility multiplier to 1.5-2.0
// LOW VOLATILITY: Decrease volatility multiplier to 0.8-1.0
Crypto Options Greeks & Volatility Analyzer [BackQuant]Crypto Options Greeks & Volatility Analyzer
Overview
The Crypto Options Greeks & Volatility Analyzer is a comprehensive analytical tool that calculates Black-Scholes option Greeks up to the third order for Bitcoin and Ethereum options. It integrates implied volatility data from VOLMEX indices and provides multiple visualization layers for options risk analysis.
Quick Introduction to Options Trading
Options are financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (strike price) within a specific time period (expiration date). Understanding options requires grasping two fundamental concepts:
Call Options : Give the right to buy the underlying asset at the strike price. Calls increase in value when the underlying price rises above the strike price.
Put Options : Give the right to sell the underlying asset at the strike price. Puts increase in value when the underlying price falls below the strike price.
The Language of Options: Greeks
Options traders use "Greeks" - mathematical measures that describe how an option's price changes in response to various factors:
Delta : How much the option price moves for each $1 change in the underlying
Gamma : How fast delta changes as the underlying moves
Theta : Daily time decay - how much value erodes each day
Vega : Sensitivity to implied volatility changes
Rho : Sensitivity to interest rate changes
These Greeks are essential for understanding risk. Just as a pilot needs instruments to fly safely, options traders need Greeks to navigate market conditions and manage positions effectively.
Why Volatility Matters
Implied volatility (IV) represents the market's expectation of future price movement. High IV means:
Options are more expensive (higher premiums)
Market expects larger price swings
Better for option sellers
Low IV means:
Options are cheaper
Market expects smaller moves
Better for option buyers
This indicator helps you visualize and quantify these critical concepts in real-time.
Back to the Indicator
Key Features & Components
1. Complete Greeks Calculations
The indicator computes all standard Greeks using the Black-Scholes-Merton model adapted for cryptocurrency markets:
First Order Greeks:
Delta (Δ) : Measures the rate of change of option price with respect to underlying price movement. Ranges from 0 to 1 for calls and -1 to 0 for puts.
Vega (ν) : Sensitivity to implied volatility changes, expressed as price change per 1% change in IV.
Theta (Θ) : Time decay measured in dollars per day, showing how much value erodes with each passing day.
Rho (ρ) : Interest rate sensitivity, measuring price change per 1% change in risk-free rate.
Second Order Greeks:
Gamma (Γ) : Rate of change of delta with respect to underlying price, indicating how quickly delta will change.
Vanna : Cross-derivative measuring delta's sensitivity to volatility changes and vega's sensitivity to price changes.
Charm : Delta decay over time, showing how delta changes as expiration approaches.
Vomma (Volga) : Vega's sensitivity to volatility changes, important for volatility trading strategies.
Third Order Greeks:
Speed : Rate of change of gamma with respect to underlying price (∂Γ/∂S).
Zomma : Gamma's sensitivity to volatility changes (∂Γ/∂σ).
Color : Gamma decay over time (∂Γ/∂T).
Ultima : Third-order volatility sensitivity (∂²ν/∂σ²).
2. Implied Volatility Analysis
The indicator includes a sophisticated IV ranking system that analyzes current implied volatility relative to its recent history:
IV Rank : Percentile ranking of current IV within its 30-day range (0-100%)
IV Percentile : Percentage of days in the lookback period where IV was lower than current
IV Regime Classification : Very Low, Low, High, or Very High
Color-Coded Headers : Visual indication of volatility regime in the Greeks table
Trading regime suggestions based on IV rank:
IV Rank > 75%: "Favor selling options" (high premium environment)
IV Rank 50-75%: "Neutral / Sell spreads"
IV Rank 25-50%: "Neutral / Buy spreads"
IV Rank < 25%: "Favor buying options" (low premium environment)
3. Gamma Zones Visualization
Gamma zones display horizontal price levels where gamma exposure is highest:
Purple horizontal lines indicate gamma concentration areas
Opacity scaling : Darker shading represents higher gamma values
Percentage labels : Shows gamma intensity relative to ATM gamma
Customizable zones : 3-10 price levels can be analyzed
These zones are critical for understanding:
Pin risk around expiration
Potential for explosive price movements
Optimal strike selection for gamma trading
Market maker hedging flows
4. Probability Cones (Expected Move)
The probability cones project expected price ranges based on current implied volatility:
1 Standard Deviation (68% probability) : Shown with dashed green/red lines
2 Standard Deviations (95% probability) : Shown with dotted green/red lines
Time-scaled projection : Cones widen as expiration approaches
Lognormal distribution : Accounts for positive skew in asset prices
Applications:
Strike selection for credit spreads
Identifying high-probability profit zones
Setting realistic price targets
Risk management for undefined risk strategies
5. Breakeven Analysis
The indicator plots key price levels for options positions:
White line : Strike price
Green line : Call breakeven (Strike + Premium)
Red line : Put breakeven (Strike - Premium)
These levels update dynamically as option premiums change with market conditions.
6. Payoff Structure Visualization
Optional P&L labels display profit/loss at expiration for various price levels:
Shows P&L at -2 sigma, -1 sigma, ATM, +1 sigma, and +2 sigma price levels
Separate calculations for calls and puts
Helps visualize option payoff diagrams directly on the chart
Updates based on current option premiums
Configuration Options
Calculation Parameters
Asset Selection : BTC or ETH (limited by VOLMEX IV data availability)
Expiry Options : 1D, 7D, 14D, 30D, 60D, 90D, 180D
Strike Mode : ATM (uses current spot) or Custom (manual strike input)
Risk-Free Rate : Adjustable annual rate for discounting calculations
Display Settings
Greeks Display : Toggle first, second, and third-order Greeks independently
Visual Elements : Enable/disable probability cones, gamma zones, P&L labels
Table Customization : Position (6 options) and text size (4 sizes)
Price Levels : Show/hide strike and breakeven lines
Technical Implementation
Data Sources
Spot Prices : INDEX:BTCUSD and INDEX:ETHUSD for underlying prices
Implied Volatility : VOLMEX:BVIV (Bitcoin) and VOLMEX:EVIV (Ethereum) indices
Real-Time Updates : All calculations update with each price tick
Mathematical Framework
The indicator implements the full Black-Scholes-Merton model:
Standard normal distribution approximations using Abramowitz and Stegun method
Proper annualization factors (365-day year)
Continuous compounding for interest rate calculations
Lognormal price distribution assumptions
Alert Conditions
Four categories of automated alerts:
Price-Based : Underlying crossing strike price
Gamma-Based : 50% surge detection for explosive moves
Moneyness : Deep ITM alerts when |delta| > 0.9
Time/Volatility : Near expiration and vega spike warnings
Practical Applications
For Options Traders
Monitor all Greeks in real-time for active positions
Identify optimal entry/exit points using IV rank
Visualize risk through probability cones and gamma zones
Track time decay and plan rolls
For Volatility Traders
Compare IV across different expiries
Identify mean reversion opportunities
Monitor vega exposure across strikes
Track higher-order volatility sensitivities
Conclusion
The Crypto Options Greeks & Volatility Analyzer transforms complex mathematical models into actionable visual insights. By combining institutional-grade Greeks calculations with intuitive overlays like probability cones and gamma zones, it bridges the gap between theoretical options knowledge and practical trading application.
Whether you're:
A directional trader using options for leverage
A volatility trader capturing IV mean reversion
A hedger managing portfolio risk
Or simply learning about options mechanics
This tool provides the quantitative foundation needed for informed decision-making in cryptocurrency options markets.
Remember that options trading involves substantial risk and complexity. The Greeks and visualizations provided by this indicator are tools for analysis - they should be combined with proper risk management, position sizing, and a thorough understanding of options strategies.
As crypto options markets continue to mature and grow, having professional-grade analytics becomes increasingly important. This indicator ensures you're equipped with the same analytical capabilities used by institutional traders, adapted specifically for the unique characteristics of 24/7 cryptocurrency markets.
Evening Star Detector (VDS)This is a great indicator for a reversal. After the close of the previous Evening star candle, expect a position for the next fifteen minutes in the opposite direction. This is a method that was discovered by @VicDamoneSean on twitter. Created by @dani_spx7 and @yan_dondotta on twitter. This indicator has been back tested.
Volume Imbalance Heatmap + Delta Cluster [@darshakssc]🔥 Volume Imbalance Heatmap + Delta Cluster
Created by: @darshakssc
This indicator is designed to visually reveal institutional pressure zones using a combination of:
🔺 Delta Cluster Detection: Highlights candles with strong body ratios and volume spikes, helping identify aggressive buying or selling activity.
🌡️ Real-Time Heatmap Overlay: Background color dynamically adjusts based on volume imbalance relative to its moving average.
🧠 Adaptive Dashboard: Displays live insights into current market imbalance and directional flow (Buy/Sell clusters).
📈 How It Works:
A candle is marked as a Buy Cluster if it closes bullish, has a strong body, and exhibits a volume spike above average.
A Sell Cluster triggers under the inverse conditions.
The heatmap shades the chart background to reflect areas of high or low imbalance using a color gradient.
⚙️ Inputs You Can Adjust:
Volume MA Length
Minimum Body Ratio
Imbalance Multiplier Sensitivity
Dashboard Location
🚫 Note: This is not a buy/sell signal tool, but a visual aid to support institutional flow tracking and confluence with your existing system.
For educational use only. Not financial advice.
EMA + SMA - R.AR.A. Trader - Multi-MA Suite (EMA & SMA)
1. Overview
Welcome, students of R.A. Trader!
This indicator is a powerful and versatile tool designed specifically to support the trading methodologies taught by Rudá Alves. The R.A. Trader Multi-MA Suite combines two fully customizable groups of moving averages into a single, clean indicator.
Its purpose is to eliminate chart clutter and provide a clear, at-a-glance view of market trends, momentum, and dynamic levels of support and resistance across multiple timeframes. By integrating key short-term and long-term moving averages, this tool will help you apply the R.A. Trader analytical framework with greater efficiency and precision.
2. Core Features
Dual Moving Average Groups: Configure two independent sets of moving averages, perfect for separating short-term (EMA) and long-term (SMA) analysis.
Four MAs Per Group: Each group contains four fully customizable moving averages.
Multiple MA Types: Choose between several types of moving averages for each group (SMA, EMA, WMA, HMA, RMA).
Toggle Visibility: Easily show or hide each group with a single click in the settings panel.
Custom Styling: Key moving averages are styled for instant recognition, including thicker lines for longer periods and a special dotted line for the 250-period SMA.
Clean and Efficient: The code is lightweight and optimized to run smoothly on the TradingView platform.
Group 1 (Default: EMAs)
This group is pre-configured for shorter-term Exponential Moving Averages but is fully customizable.
Setting Label Description
MA Type - EMA Select the type of moving average for this entire group (e.g., EMA, SMA).
EMA 5 Sets the period for the first moving average.
EMA 10 Sets the period for the second moving average.
EMA 20 Sets the period for the third moving average.
EMA 400 Sets the period for the fourth moving average.
Show EMA Group A checkbox to show or hide all MAs in this group.
Exportar para as Planilhas
Group 2 (Default: SMAs)
This group is pre-configured for longer-term Simple Moving Averages, often used to identify major trends.
Setting Label Description
MA Type - SMA Select the type of moving average for this entire group.
SMA 50 Sets the period for the first moving average.
SMA 100 Sets the period for the second moving average.
SMA 200 Sets the period for the third moving average.
SMA 250 Sets the period for the fourth moving average (styled as a dotted line).
Show SMA Group A checkbox to show or hide all MAs in this group.
Exportar para as Planilhas
Weekly Expected Move (Daily Chart)This Indicator plots the Weekly Expected Move with selectable Historical Volatility or user entered IV for Weekly IV (This can be found on Option Chain of a trading platform). This Indicator should be used on Daily Charts.
Index Options Expirations and Calendar EffectsFeatures
- Highlights monthly equity options expiration (opex) dates.
- Marks VIX options expiration dates based on standard 30-day offset.
- Shows configurable vanna/charm pre-expiration window (green shading).
- Shows configurable post-opex weakness window (red shading).
- Adjustable colors, start/end offsets, and on/off toggles for each element.
What this does
This overlay highlights option-driven calendar windows around monthly equity options expiration (opex) and VIX options expiration. It draws:
- Solid blue lines on the third Friday of each month (typical monthly opex).
- Dashed orange lines on the Wednesday ~30 days before next month’s opex (typical VIX expiration schedule).
- Green shading during a pre-expiration window when vanna/charm effects are often strongest.
- Red shading during the post-expiration "window of non-strength" often observed into the Tuesday after opex.
How it works
1. Monthly opex is detected when Friday falls between the 15th–21st of the month.
2. VIX expiration is calculated by finding next month’s opex date, then subtracting 30 calendar days and marking that Wednesday.
3. Vanna/charm window (green) : starts on the Monday of the week before opex and ends on Tuesday of opex week.
4. Post-opex weakness window (red) : starts Wednesday of opex week and ends Tuesday after opex.
How to use
- Add to any chart/timeframe.
- Adjust inputs to toggle VIX/opex lines, choose colors, and fine-tune the start/end offsets for shaded windows.
- This is an educational visualization of typical timing and not a trading signal.
Limitations
- Exchange holidays and contract-specific exceptions can shift expirations; this script uses standard calendar rules.
- No forward-looking data is used; all dates are derived from historical and current bar time.
- Past patterns do not guarantee future behavior.
Originality
Provides a single, adjustable visualization combining opex, VIX expiration, and configurable vanna/charm/weakness windows into one tool. Fully explained so non-coders can use it without reading the source code.
Straddle Charts - Live (Enhanced)Track options straddles with ease using the Straddle Charts - Live (Enhanced) indicator! Originally inspired by @mudraminer, this Pine Script v5 tool visualizes live call, put, and straddle prices for instruments like BANKNIFTY. Plotting call (green), put (red), and straddle (black) prices in a separate pane, it offers real-time insights for straddle strategy traders.
Key Features:
Live Data: Fetches 1-minute (customizable) option prices with error handling for invalid symbols.
Price Table: Displays call, put, straddle prices, and percentage change in a top-left table.
Volatility Alerts: Highlights bars with straddle price changes above a user-defined threshold (default 5%) with a yellow background and concise % labels.
Robust Design: Prevents plot errors with na checks and provides clear error messages.
How to Use: Input your call/put option symbols (e.g., NSE:NIFTY250814C24700), set the timeframe, and adjust the volatility threshold. Monitor straddle costs and volatility for informed trading decisions.
Perfect for options traders seeking a simple, reliable tool to track straddle performance. Check it out and share your feedback!
13/48 EMA Trading Scalper (ATR TP/SL)13/48 EMA Trading Scalper (ATR TP/SL)
What it does:
This tool looks for price “touches” of the 13-EMA, only takes CALL entries when the 13 is above the 48 (uptrend) and PUT entries when the 13 is below the 48 (downtrend), and confirms with a simple candle pattern (green > red with expansion for calls, inverse for puts). Touch sensitivity is ATR-scaled, so signals adapt to volatility. Each trade gets auto-drawn entry, TP, and SL lines, colored labels with $ / % distance from entry, plus optional TP/SL hit alerts. A rotating color palette and per-bar label staggering help keep the chart readable. Old objects are auto-pruned via maxTracked.
How it works
Trend filter: 13-EMA vs 48-EMA.
Entry: ATR-scaled touch of the 13-EMA + candle confirmation.
Risk: TP/SL = ATR multiples you control.
Visuals: Entry/TP/SL lines (extend right), vertical entry marker (optional), multi-line labels.
Hygiene: maxTracked keeps only the last N trades’ objects; labels are staggered to reduce overlap.
Alerts: Buy Call, Buy Put, Take Profit Reached, Stop Loss Hit.
Key Inputs
Fast EMA (13), Trend EMA (48), ATR Length (14)
Touch Threshold (x ATR) – how close price must come to the EMA
Take Profit (x ATR), Stop Loss (x ATR)
maxTracked – number of recent trades to keep on chart
Tips
Start with Touch = 0.10–0.20 × ATR; TP=2×ATR, SL=1×ATR, then tune per symbol/timeframe.
Works on intraday and higher TFs; fewer, cleaner signals on higher TFs.
This is an indicator, not a broker—always backtest and manage risk.
BTC Peak-IV Roll - Doug Deribit Options Collecting data from multiple assets to give feedback on best time to trade options
✨Smart Option MACD: Bullish, Bearish, Neutral Logic by AKM ✨The **Smart Option MACD: Bullish, Bearish, Neutral Logic by AKM** is an advanced indicator designed for TradingView, tailored for option traders on indices like NIFTY. It automates options trend scanning by applying MACD analysis to both Call (CE) and Put (PE) options near the ATM (At-The-Money) strike, providing actionable market states—Bullish, Bearish, or Neutral—using distinct logic for both strikes and overall market context.
***
### Core Features
- **Option Selection Logic:** The script dynamically calculates ATM, CE, and PE strike prices based on the underlying index spot price and customizable user inputs for expiry, strike distance, and OTM/ITM shift.
- **MACD on Option Prices:** For both CE and PE symbols, the indicator computes the MACD (Moving Average Convergence Divergence) and Signal lines. It uses standard MACD settings: 12-period EMA (fast), 26-period EMA (slow), and 9-period Signal.
- **Strike Status Classification:**
- AZL 🔼: Indicates MACD > 0 for that option, signifying positive momentum.
- BZL 🔽: Indicates MACD 0 & crossover up), PE is bearish (MACD<0 & crossover down).
- **Bearish:** PE is bullish & crossover up, CE is bearish & crossover down.
- **Neutral:** All other scenarios—including mixed or undefined signals.
***
### Table Output
A real-time table is displayed on the chart (top-right) with key option and market details:
- Spot price
- ATM Strike
- CE/PE strike status (momentum + crossover logic)
- Option prices
- Overall market state, color-coded for clarity
***
### How to Use This Indicator
- **Entry Signal:** Use the Bullish/Bearish status for directional trades or option strategies. Bullish calls for buying or selling upward momentum options; Bearish favors downside trades. Neutral advises caution or range-bound trades.
- **Customizability:** Expiry, strike width, OTM/ITM offset, and chart resolution are user-controlled, allowing adaptation to different market contexts.
- **Best Practice:** Use alongside price action, support/resistance zones and other indicators to confirm options momentum, as MACD is powerful yet not infallible.
***
### Who Is It For?
- **Option traders** who want to automate trend/momentum detection for CE/PE strikes instead of manual chart switching.
- **Index traders** (NIFTY, BANKNIFTY...) seeking systematic edge in intraday/positional strategies tied to option momentum.
- **Technical analysts** interested in visual, rule-based signals combining options data and classic MACD logic.
***
The Smart Option MACD indicator streamlines multi-strike, multi-option momentum analysis and presents clear actionable logic directly on your chart for enhanced decision-making. Use it as a core part of your TradingView toolkit for options-focused market views.
RSI 20/80 Arrows + AlertsRSI 20/80 Arrows + Alerts
This indicator is a modified Relative Strength Index (RSI) tool designed to help traders spot potential overbought and oversold conditions using customizable threshold levels (default 80 for overbought, 20 for oversold).
Features:
Custom RSI Levels – Default to 80/20 instead of the standard 70/30, but fully adjustable by the user.
Visual Signals –
Blue Arrow Up appears below the bar when RSI crosses up from below the oversold level (potential buy zone).
Red Arrow Down appears above the bar when RSI crosses down from above the overbought level (potential sell zone).
Alerts Built In – Receive notifications when either signal occurs, with the option to confirm signals only on bar close for reduced noise.
Guide Levels – Optionally display overbought/oversold reference lines on the chart for quick visual reference.
Overlay Mode – Signals are plotted directly on the price chart, so you don’t need to switch between chart windows.
Use Case:
Ideal for traders who want quick, visual confirmation of potential turning points based on RSI, especially in strategies where more extreme levels (like 20/80) help filter out weaker signals. Works well across all markets and timeframes.
Price Level Alert System
Price Level Alert System - Manage Multiple Price Alerts in One
This indicator is designed to simplify price level monitoring by allowing you to manage up to 5 different price alerts through a single, unified alert system. Instead of creating multiple separate alerts for different price levels, you can now monitor all your key levels with just one alert subscription.
Key Benefits:
Unified Alert Management - Monitor 5 price levels with a single alert, saving your valuable alert slots
Clean Chart Interface - Toggle price levels on/off without cluttering your chart
Smart Alert Types - Get notified for price crosses (above/below) and approaching alerts
Customizable Appearance - Adjust colors, transparency, and line width for each level individually
Efficient Workflow - Inline controls make setup quick and intuitive
Perfect For:
Traders monitoring multiple support/resistance levels
Swing traders tracking key price targets
Day traders needing quick alert setup
Anyone wanting to maximize their TradingView alert efficiency
How It Works:
Simply enter your desired price levels, check the boxes to enable them, and click the bell icon to activate alerts. The indicator will monitor all enabled levels and send notifications through a single alert when price action occurs at any of your specified levels.
Features:
5 independent price levels
Individual on/off toggles
Approaching distance alerts (customizable percentage)
Cross above/below notifications
Professional line styling options
Status line price display
Save your alert slots and streamline your trading workflow with this efficient price level monitoring solution. Whether you're tracking support/resistance, psychological levels, or price targets, this indicator helps you stay informed without the complexity of managing multiple individual alerts.
ICT/SMC Liquidity Map V3 KyroowThe indicator is designed to map liquidity on the chart following the ICT/SMC logic, with the added feature of precise tracking of the Asian session.
It shows you:
PDH / PDL → Previous Day High & Low, automatically removed once taken out.
EQH / EQL → Equal Highs & Equal Lows (double tops/bottoms), with pip tolerance and a check to ensure no candle has already "cleared" the range.
ASH / ASL → Asian Session High & Low (the highs/lows of each closed Asian session).
Asian Session → Displayed as a box or shaded area, with visual history.
Dynamic tolerance management → EQH/EQL can have different tolerances depending on the timeframe.
Automatic removal → Levels are removed once the market takes them (via wick or body, configurable).
💡 In practice:
It helps you quickly identify likely liquidity grab zones, whether they come from the previous day, the Asian session, or equal highs/lows. This allows you to anticipate market reactions around these levels.
GLD GC Price Converter Its primary function is to fetch the prices of the Gold ETF (ticker: GLD) and Gold Futures (ticker: GC1!) and then project significant price levels from one or both of these assets onto the chart of whatever instrument you are currently viewing.
Core Functionality & Features
Dual Asset Tracking: The script simultaneously tracks the prices of GLD and Gold Futures (GC).
Dynamic Price Level Projection: The script's main feature is its ability to calculate and draw horizontal price levels. It determines a "base price" (e.g., the nearest $100 level for GC) and then draws lines at specified increments above and below it. The key is that these levels are projected onto the current chart's price scale.
On-Chart Information Display:
Price Table: A customizable table can be displayed in any corner of the chart, showing the current prices of GLD and GC. It can also show the daily percentage change for GC, colored green for positive changes and red for negative ones.
Last Price Label: It can show a label next to the most recent price bar that displays the current prices of both GLD and GC.
Extensive Customization: The user has significant control over the indicator's appearance and behavior through the settings panel.
This includes:
Toggling the display for GLD and GC levels independently.
Adjusting the multiplier for the price levels (e.g., show levels every $100 or $50 for GC).
Changing the colors, line styles (solid, dashed, dotted), and horizontal offset for the labels.
Defining the number of price levels to display.
Controlling the text size for labels and the table.
Choosing whether the script updates on every tick or only once per candle close for better performance.
💎 ENJOYBLUE ⏰ Open Price AlertThis Pine Script (version 6) is designed for TradingView to monitor the closing of a user-selected Timeframe (TF) — for example, M30, H1, H4, or D1 — and trigger an alert immediately when that TF’s candle closes. Along with the alert, it displays the current open prices from four higher-level timeframes:
Open MN: Open price of the current monthly candle
Open W1: Open price of the current weekly candle
Open D1: Open price of the current daily candle
Open H4: Open price of the current 4-hour candle
The alert message is formatted into a single compact line to ensure it is fully visible on mobile devices!
~ENJOYBLUE 💎
Synthetic Nifty Future from OptionsTo Calculate Synthetic Nifty Future from Options
Please contact me for more details
TCP | Market Session | Session Analyzer📌 TCP | Market Session Indicator | Crypto Version
A powerful, real-time market session visualization tool tailored for crypto traders. Track the heartbeat of Asia, Europe, and US trading hours directly on your chart with live session boxes, behavioral analysis, liquidity grab detection, and countdown timers. Know when the action starts, how the market behaves, and where the traps lie.
🔰 Introduction:
Trade the Right Hours with the Right Tools
Time matters in trading. Most significant moves happen during key sessions—and knowing when and how each session unfolds can give you a sharp edge. The TCP Market Session Indicator, developed by Trade City Pro (TCP), puts professional session tracking and behavioral insights at your fingertips.
Whether you're a scalper or swing trader, this indicator gives you the timing context to enter and exit trades with greater confidence and clarity.
🕒 Core Features
• Live Session Boxes :
Highlight active ranges during Asia, Europe, and US sessions with dynamic high/low updates.
• Session Start/End Labels :
Know exactly when each session begins and ends plotted clearly on your chart with context.
• Session Behavior Analysis :
At the end of each session, the indicator classifies the price action as:
- Trend Up
- Trend Down
- Consolidation
- Manipulation
• Liquidity Grab Detection: Automatically detects possible stop hunts (fake breakouts) and marks them on the chart with precision filters (volume, ATR, reversal).
• Session Countdown Table: A live dashboard showing:
- Current active session
- Time left in session
- Upcoming session and how many minutes until it starts
- Utility time converter (e.g. 90 min = 01:30)
• Vertical Session Lines: Visualize past and upcoming session boundaries with customizable history and future range.
• Multi-Day Support: Draw session ranges for previous, current, and future days for better backtesting and forecasting.
⚙️ Settings Panel
Customize everything to fit your trading style and schedule:
• Session Time Settings:
Set the opening and closing time for each session manually using UTC-based minute inputs.
→ For example, enter Asia Start: 0, Asia End: 480 for 00:00–08:00 UTC.
This gives full flexibility to adjust session hours to match your preferred market behavior.
• Enable or Disable Elements:
Toggle the visibility of each session (Asia, Europe, US), as well as:
- Session Boxes
- Countdown Table
- Session Lines
- Liquidity Grab Labels
• Timezone Selection:
Choose between using UTC or your chart’s local timezone for session calculations.
• Customization Options:
Select number of past and future days to draw session data
Adjust vertical line transparency
Fine-tune label offset and spacing for clean layout
📊 Smart Session Boxes
Each session box tracks high, low, open, and close in real time, providing visual clarity on market structure. Once a session ends, the box closes, and the behavior type is saved and labeled ideal for spotting patterns across sessions.
• Asia: Green Box
• Europe: Orange Box
• US: Blue Box
💡 Why Use This Tool?
• Perfect Timing: Don’t get chopped in low-liquidity hours. Focus on sessions where volume and volatility align.
• Pattern Recognition: Study how price behaves session-to-session to build better strategies.
• Trap Detection: Spot manipulation moves (liquidity grabs) early and avoid common retail pitfalls.
• Macro Session Mapping: Use as a foundational layer to align trades with market structure and news cycles.
🔍 Example Use Case
You're watching BTC at 12:45 UTC. The indicator tells you:
The Asia session just ended (label shows “Asia Session End: Trend Up”)
Europe session starts in 15 minutes
A liquidity grab just triggered at the previous high—label confirmed
Now you know who’s active, what the market just did, and what’s about to start—all in one glance.
✅ Why Traders Trust It
• Visual & Intuitive: Fully chart-based, no clutter, no guessing
• Crypto-Focused: Designed specifically for 24/7 crypto markets (not outdated forex models)
• Non-Repainting: All labels and boxes stay as printed—no tricks
• Reliable: Tested across multiple exchanges, pairs, and timeframes
🧩 Built by Trade City Pro (TCP)
The TCP Market Session Indicator is part of a suite of professional tools used by over 150,000 traders. It’s coded in Pine Script v6 for full compatibility with TradingView’s latest capabilities.
🔗 Resources
• Tutorial: Learn how to analyze sessions like a pro in our TradingView guide:
"TradeCityPro Academy: Session Mapping & Liquidity Traps"
• More Tools: Explore our full library of indicators on
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This content is provided for informational purposes only. We disclaim any responsibility for how it may be used. Please consult a qualified professional for any specific advice.
OPTIONS GREEKS PROFESSIONAL DASHBOARD ANALYZEROPTIONS GREEKS’ PROFESSIONAL DASHBOARD ANALYZER
(Study Material & Script Description)
Overview
The "Professional Options Greeks Analyzer" by aiTrendview.com is a comprehensive analytical tool developed using the Black-Scholes Option Pricing Model. It is designed to help traders, investors, and financial analysts measure and visualize the most important first-order Greeks — Delta, Gamma, Theta, Vega, and Rho — along with key metrics like option pricing, implied volatility (IV), break-even points, moneyness, expected move, and risk level. This dashboard is highly configurable and supports various expiry durations, volatility assumptions, and strike price selection modes, providing a deeply customizable yet intuitive user interface.
________________________________________
Core Logic and Calculation Model
The tool is based on the Black-Scholes model, a well-known pricing method for European-style options. The model computes Call and Put prices using parameters such as current spot price (S), strike price (K), time to expiry (T), implied volatility (σ), and risk-free interest rate (r). The d1 and d2 components — central to Black-Scholes — are derived from logarithmic price ratios and volatility-adjusted time decay.
From these, all major Greeks are calculated:
• Delta: Measures the sensitivity of the option's price to the underlying asset's price.
• Gamma: Indicates the rate of change in Delta relative to changes in the underlying.
• Vega: Captures the sensitivity of the option's price to changes in implied volatility.
• Theta: Reflects the rate at which the option loses value due to time decay.
• Rho: Indicates the sensitivity to interest rate changes.
These values are updated in real time and displayed in a tabular format with visual progress bars to help traders interpret values more effectively.
________________________________________
Customization & User Inputs
The indicator allows users to adjust several key parameters to fit different trading scenarios:
• Implied Volatility (IV) can be manually input (default 25%), allowing traders to model expected outcomes under their assumptions.
• Strike Price Mode offers flexibility with "ATM" (At-the-Money) or "Custom" strike selection.
• Expiry Selection includes 7D, 14D, 30D, 60D, and 90D periods, making the Greeks adaptive to different option durations.
• Risk-Free Rate is configurable (default 4.5%) to reflect current economic conditions.
The tool also computes realized volatility from price action over 30 bars, which is compared with implied volatility to calculate IV Rank, categorized as HIGH, MEDIUM, or LOW. This helps traders decide whether options are relatively expensive or cheap.
________________________________________
Visual Dashboard and Interpretation
The dashboard is structured into five key rows:
1. Market Metrics: Asset name, spot price, selected strike, days to expiry, IV, IV Rank, trend over 1-day period, and moneyness (ITM/ATM/OTM).
2. Option Pricing: Call and Put prices, breakeven levels, time value components, expected move, and realized volatility.
3. Greeks: Displays Delta (with progress bar), Gamma, Vega, Theta (Call and Put), and visual interpretation.
4. Risk & Recommendation: Based on IV Rank and short-term trend, the script generates real-time suggestions (e.g., "BUY STRADDLES", "SELL CALL SPREADS").
5. Visual Encoding: Each data point is color-coded — green for positive, red for negative, and gray for neutral — enhancing visual clarity.
This layout not only provides transparency but also helps both novice and professional traders make quick and informed decisions.
________________________________________
Strategy Suggestions and Interpretation
The script provides a status-based recommendation engine that suggests strategic action based on market conditions:
• High IV & Rising Market: Suggests "SELL CALL SPREADS"
• High IV & Falling Market: Suggests "SELL PUT SPREADS"
• Low IV & Sideways Market: Suggests "BUY STRADDLES"
• Unclear Condition: Suggests "MONITOR"
Additionally, the risk level is determined by the Gamma value, which serves as a proxy for position sensitivity — categorized into HIGH, MEDIUM, or LOW.
________________________________________
Use Case and Trader Benefits
This tool is especially beneficial for:
• Options Traders analyzing multiple Greeks in real-time.
• Volatility Strategists comparing implied and realized volatility.
• Retail Investors evaluating premium pricing and moneyness quickly.
• Portfolio Managers visualizing risk and hedging exposures.
The real-time alert system, progress bars, and recommendation logic make it suitable for both manual trading and integration into automated strategies or alerts via webhook/notifications.
________________________________________
Practical Steps for Use
1. Load the script in TradingView’s Pine Script editor and apply it to your desired chart.
2. Choose your expiry duration and configure IV and strike price based on your trade thesis.
3. Observe the Greeks, pricing, IV Rank, and generated recommendations.
4. Use the dashboard to plan spreads, straddles, directional trades, or hedges accordingly.
5. Optionally, create alerts when IV Rank hits HIGH/LOW or when recommended strategies change.
________________________________________
Disclaimer by aiTrendview
The "Professional Options Greeks Analyzer" and all tools or materials provided by aiTrendview.com are strictly intended for educational and informational purposes only. They are not investment advice, financial recommendations, or trading signals. Options trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future returns. Users are solely responsible for their decisions and are advised to test strategies in simulation environments before applying them to live trading. Please consult a certified financial advisor or legal counsel before making any financial decisions.
Ayman – Full Smart Suite Auto/Manual Presets + PanelIndicator Name
Ayman – Full Smart Suite (OB/BoS/Liq/FVG/Pin/ADX/HTF) + Auto/Manual Presets + Panel
This is a multi-condition trading tool for TradingView that combines advanced Smart Money Concepts (SMC) with classic technical filters.
It generates BUY/SELL signals, draws Stop Loss (SL) and Take Profit (TP1, TP2) levels, and displays a control panel with all active settings and conditions.
1. Main Features
Smart Money Concepts Filters:
Order Block (OB) Zones
Break of Structure (BoS)
Liquidity Sweeps
Fair Value Gaps (FVG)
Pin Bar patterns
ADX filter
Higher Timeframe EMA filter (HTF EMA)
Two Operating Modes:
Auto Presets: Automatically adjusts all settings (buffers, ATR multipliers, RR, etc.) based on your chart timeframe (M1/M5/M15).
Manual Mode: Fully customize all parameters yourself.
Trade Management Levels:
Stop Loss (SL)
TP1 – partial profit
TP2 – full profit
Visual Panel showing:
Current settings
Filter status
Trend direction
Last swing levels
SL/TP status
Alerts for BUY/SELL conditions
2. Entry Conditions
A BUY signal is generated when all these are true:
Trend: Price above EMA (bullish)
HTF EMA: Higher timeframe trend also bullish
ADX: Trend strength above threshold
OB: Price in a valid bullish Order Block zone
BoS: Structure break to the upside
Liquidity Sweep: Sweep of recent lows in bullish context
FVG: A bullish Fair Value Gap is present
Pin Bar: Bullish Pin Bar pattern detected (if enabled)
A SELL signal is generated when the opposite conditions are met.
3. Stop Loss & Take Profits
SL: Placed just beyond the last swing low (BUY) or swing high (SELL), with a small ATR buffer.
TP1: Partial profit target, defined as a ratio of the SL distance.
TP2: Full profit target, based on Reward:Risk ratio.
4. How to Use
Step 1 – Apply Indicator
Open TradingView
Go to your chart (recommended: XAUUSD, M1/M5 for scalping)
Add the indicator script
Step 2 – Choose Mode
AUTO Mode: Leave “Use Auto Presets” ON – parameters adapt to your timeframe.
MANUAL Mode: Turn Auto OFF and adjust all lengths, buffers, RR, and filters.
Step 3 – Filters
In the Filters On/Off section, enable/disable specific conditions (OB, BoS, Liq, FVG, Pin Bar, ADX, HTF EMA).
Step 4 – Trading the Signals
Wait for a BUY or SELL arrow to appear.
SL and TP levels will be plotted automatically.
TP1 can be used for partial close and TP2 for full exit.
Step 5 – Alerts
Set alerts via BUY Signal or SELL Signal to receive notifications.
5. Best Practices
Scalping: Use M1 or M5 with AUTO mode for gold or forex pairs.
Swing Trading: Use M15+ and adjust buffers/ATR manually.
Combine with price action confirmation before entering trades.
For higher accuracy, wait for multiple filter confirmations rather than acting on the first arrow.
6. Summary Table
Feature Purpose Can Disable?
Order Block Finds key supply/demand zones ✅
Break of Structure Detects trend continuation ✅
Liquidity Sweep Finds stop-hunt moves ✅
Fair Value Gap Confirms imbalance entries ✅
Pin Bar Price action reversal filter ✅
ADX Trend strength filter ✅
HTF EMA Higher timeframe confirmation ✅
