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Credit Spreads Signals — 1H Only

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Overview
A n easy to use indicator that scans 1-hour charts to identify higher-probability credit-spread setups. The indicator combines momentum, trend and volatility signals with volume confirmation and multi-timeframe trend checks to produce a compact “signal + recommended sell leg” table and on-chart markers. Designed for swing-style option sellers who prefer fewer, stronger setups.

What it does
• Detects directional setups on the 1H timeframe and issues a PCS (put credit spread) or CCS (call credit spread) signal.
• Recommends a sell leg level (displayed in the table and optionally drawn on chart).
• Uses a blend of common market inputs (momentum, trend, ATR-based volatility and relative volume) plus higher-timeframe confirmation to filter noise.
• Built-in safety checks: extended-hours detection, ticker preset matching, one-signal cooldown logic and last-hour suppression on 1H charts.

Key features
• Compact table view with current signal, recommended sell leg, average spacing between signals, and recent crossing statistics.
• Per-ticker preset tuning for common tickers (Auto or specific preset).
• Optionally draw the recommended sell leg on the chart.
• Works with extended hours enabled; warns if chart/timeframe/preset mismatch prevents signals.
• Closed-source: algorithmic details and exact parameter values are proprietary.

How to use

Apply on a 1H chart (required for live signals).

Enable extended hours on your chart to allow signal generation.

Optionally select a preset ticker or leave set to Auto. Note: Auto will have a lower accuracy.

Use the table to see the current signal and recommended sell leg; combine with your risk management and execution process.

Limitations & important notes
• This is a signal helper — not a full trading system. Always use your own sizing, risk controls, and exit rules.
• The indicator is closed-source / inner workings and exact parameter values are proprietary.
• No performance guarantees. Past signals do not ensure future results.

Disclaimer
Not financial advice. For educational and informational purposes only. Trading involves risk — you may lose money. Do your own research and consult a licensed professional if needed.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.