PROTECTED SOURCE SCRIPT
Market-Intent
This "Market-Intent" indicator compares (By default) live NIFTY futures with a fixed-strike (upon day start) synthetic future (ATM ± wings) built from option premiums to detect where pricing pressure is stored and when it releases (“unwind”).
***you could study other scripts and their futures with respect to expiry dates (I would appreciate if you could list more observations on different underlying)
How to read this indicator:
BLUE + GREEN → bullish (calls absorbed)
Bias suggestion :
Favor upside continuation
Calls / call spreads preferred
Futures likely stable to higher
BLUE + RED → bearish (futures released)
Bias suggestion:
Expect futures weakness
Puts / protective structures preferred
Avoid aggressive longs
BLACK + GREEN → bullish (futures absorb)
Bias suggestion:
Favor long futures
Short calls / call credit spreads
Volatility compression likely
BLACK + RED → bearish (puts dominate)
Bias suggestion:
Downside risk elevated
Puts favored
Avoid short volatility
***you could study other scripts and their futures with respect to expiry dates (I would appreciate if you could list more observations on different underlying)
How to read this indicator:
BLUE + GREEN → bullish (calls absorbed)
Bias suggestion :
Favor upside continuation
Calls / call spreads preferred
Futures likely stable to higher
BLUE + RED → bearish (futures released)
Bias suggestion:
Expect futures weakness
Puts / protective structures preferred
Avoid aggressive longs
BLACK + GREEN → bullish (futures absorb)
Bias suggestion:
Favor long futures
Short calls / call credit spreads
Volatility compression likely
BLACK + RED → bearish (puts dominate)
Bias suggestion:
Downside risk elevated
Puts favored
Avoid short volatility
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.