PROTECTED SOURCE SCRIPT
Telah dikemas kini

Option Chain Pulse (VWAP + PCR + MaxPain)

98
Option Chain Pulse (VWAP + PCR + MaxPain) is a professional **NSE options chain dashboard** that scans the option chain around ATM and presents CE/PE data in a clean, decision-ready table—built for intraday option traders who need fast context (premium, volume, VWAP, diff, PCR) without switching screens.[1]

## What this indicator does
- Lets you select **BANKNIFTY / NIFTY / FINNIFTY / MIDCPNIFTY / CUSTOM** and automatically maps the correct spot symbol + lot size (with custom symbol support).[1]
- Builds option symbols in **NSE standard format** using expiry inputs (YY/MM/DD) and strike, then pulls **Open, Close, Volume, VWAP** for multiple strikes on both CE & PE.[1]
- Displays a full **option chain table** (± strikes from your reference strike) including CE/PE premium metrics and **strike-wise PCR**, plus a summarized header with spot and expiry details.[1]

## Core features
- **Multi-strike chain view (CE & PE)** around the reference strike (ATM).[1]
- **Volume, VWAP, Open, Premium Change (Diff), LTP** for both sides for quick “where is activity” detection.[1]
- **PCR per strike** (PE Volume / CE Volume) shown in the table for sentiment/pressure at each strike.[1]
- **Max Pain (volume-based)** highlight: computes combined CE+PE volume per strike and shows the strike with maximum combined volume as “MxP”.[1]

## UI & customization
- Adjustable **dashboard/table location** (top/bottom/center + left/right) and **font size** from inputs, so it can fit any chart layout.[1]
- Color inputs for key table elements (strike text, volume, PCR, ATM highlight) to match dark/light themes and your personal setup.[1]

## How to use (recommended workflow)
- Choose your instrument (or CUSTOM), set **expiry (Day/Month/Year)** and **reference strike + interval**, then use the table to identify:
- Where volume is building (institutional activity),[1]
- Whether CE or PE is dominating via Diff and PCR,[1]
- How price is behaving relative to VWAP for quick bias confirmation.[1]

## Alerts / automation
This script is intended as a **visual decision dashboard** (table-first workflow).[1]

## Disclaimer
Options trading is risky. This indicator is for **educational and informational purposes only** and does not constitute financial advice. Always test on paper, confirm liquidity/spreads, and use strict risk management.
Nota Keluaran
Mfix

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.