ATM Pulse (Arjo)

ATM Pulse (Arjo) — Options Trading, CPVR & Trend Direction Tool

The ATM Pulse (Arjo) is a helpful options trading indicator that automatically finds the At-The-Money (ATM) strike for NIFTY, BANKNIFTY, or any selected stock. It shows Call/Put prices, the ATM strike line, and the Call-Put Volume Ratio (CPVR) to reveal real-time market sentiment and option activity.

It also includes a Chandelier Exit overlay that highlights trend direction, momentum, and possible reversal zones, helping traders easily understand when the trend is strong, weak, or changing.

How to Use:

1. Open a chart of NIFTY, BANKNIFTY, or any stock.
   
2. Add the ATM Pulse (Arjo) indicator.
   
3. Select the expiry date — the indicator will automatically show the current ATM Call & Put prices.
   
4. Look at the CPVR value:
   
5. Above 1.25 → More bullish activity (Calls stronger).
   
6. Below 0.75 → More bearish activity (Puts stronger).
   
7. Watch the Chandelier Exit colors:
   
8. Green = uptrend; Red = downtrend.
   
9. A color change may signal a possible trend reversal.
   

Happy Trading. ARJO