OPEN-SOURCE SCRIPT
TSM PCR Auto Alerts
PCR Auto Alerts (Bullish · Neutral · Bearish)
🎯 Objective of the Script
This script is designed to:
Calculate the Put–Call Ratio (PCR)
Interpret market sentiment using predefined PCR zones
Automatically generate Bullish, Neutral, and Bearish alerts
Visually display the PCR trend and current market view
📊 What is PCR (Put–Call Ratio)?
PCR = Put Open Interest ÷ Call Open Interest
It reflects market participants’ expectations:
Lower PCR → More calls → Bullish bias
Higher PCR → More puts → Bearish bias
🔧 Inputs Used in the Script
Put Open Interest (Put OI)
Manually entered value
Call Open Interest (Call OI)
Manually entered value
These inputs make the script ideal for:
Learning & teaching
Strategy explanation
Posters & educational content
🎯 Objective of the Script
This script is designed to:
Calculate the Put–Call Ratio (PCR)
Interpret market sentiment using predefined PCR zones
Automatically generate Bullish, Neutral, and Bearish alerts
Visually display the PCR trend and current market view
📊 What is PCR (Put–Call Ratio)?
PCR = Put Open Interest ÷ Call Open Interest
It reflects market participants’ expectations:
Lower PCR → More calls → Bullish bias
Higher PCR → More puts → Bearish bias
🔧 Inputs Used in the Script
Put Open Interest (Put OI)
Manually entered value
Call Open Interest (Call OI)
Manually entered value
These inputs make the script ideal for:
Learning & teaching
Strategy explanation
Posters & educational content
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Led by S. Saravanan, MBA, M.Phil, with 15 years of expertise in both Fundamental & Technical Analysis, the academy blends theory with real-world applications.
🌐 tamilsharemarket.in
digitalvcard.online/p/tamil-share-market-learning-academy
🌐 tamilsharemarket.in
digitalvcard.online/p/tamil-share-market-learning-academy
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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Led by S. Saravanan, MBA, M.Phil, with 15 years of expertise in both Fundamental & Technical Analysis, the academy blends theory with real-world applications.
🌐 tamilsharemarket.in
digitalvcard.online/p/tamil-share-market-learning-academy
🌐 tamilsharemarket.in
digitalvcard.online/p/tamil-share-market-learning-academy
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.