OBVX Conviction Bias🧮 The OBVX Conviction Bias overlay tracks the flow of directional volume using the classic On-Balance Volume calculation, then filters it through a layered moving average system to expose crowd commitment, pressure transitions, and momentum fatigue. The tool applies two smoothed averages to the OBV line—a fast curve and a longer-term baseline scaled using Euler’s constant (2.718×)—and visualizes their relationship using a color-coded crossover ribbon and pressure fills. When used correctly, it reveals whether a move is being supported by meaningful volume, or whether the crowd is starting to disengage.
🚦 The core signal compares OBV to its fast moving average. When OBV climbs above the short average, it fills green—suggesting real directional effort. When OBV sinks below, the fill turns maroon—flagging fading conviction or pullback potential. A second fill between the short and long OBV moving averages captures the broader trend of volume intention. If the short is above the long, this space fills greenish, showing constructive pressure. If it flips, the fill fades red, signaling crowd hesitation, rotation, or early exhaustion.
⚖️ All smoothing is user-selectable, defaulting to VWMA for effort-sensitive structure. The long-term average is auto-scaled using the natural exponential multiplier (2.718), offering rhythm that reflects the curve of participation. OBV Intention Bias isn’t trying to predict—it’s trying to show you where the crowd is leaning, and whether that lean is gaining traction or losing strength.
🧐 Ideal use-cases:
• Detect divergence between volume flow and price action
• Confirm breakout validity with volume alignment
• Fade breakouts where OBV fails to follow through
• Time pullback entries when OBV pressure resumes in trend direction
🍷 Recommended pairings:
• ΣVOL to measure whether volume is statistically significant or just noise (as shown)
• RVOL Effort Matrix to validate crowd effort by tier and structure zone (not shown)
• SUPeR TReND 2.718 and/or MA Ribbons for directional confluence
• ATR Turbulence to track volatility-phase alignment with volume intention
Sentiment
RVOL Effort Matrix⚖️ RVOL Effort Matrix is a tiered volume framework that translates crowd participation into structure-aware visual zones. Rather than simply flagging spikes, it measures each bar’s volume as a ratio of its historical average and classifies that effort dynamic tiers to create a real-time map of conviction, exhaustion, and imbalance—before price even confirms.
💪🏻 At its core, the tool builds a histogram of relative volume (RVOL) When enabled, a second layer overlays directional effort by estimating buy vs sell volume using candle body logic. If the candle closes higher, green (buy) volume dominates. If it closes lower, red (sell) volume leads. These components are stacked proportionally and inset beneath a colored cap line—a small but powerful layer that maintains visibility of the true effort tier even when split bars are active. The cap matches the original zone color, preserving context at all times.
Coloration communicates rhythm, tempo, and potential turning points:
• 🔴 = structurally weak effort, i.e. failed moves, fake-outs or trend exhaustion
• 🟡 = neutral volume, as seen in consolidations or pullbacks
• 🟢 = genuine commitment, good for continuation, breakout filters, or early rotation signals
• 🟣 = explosive volume signaling either climax or institutional entry—beware!
Background shading (optional) mirrors these zones across the pane for structural scanning at a glance. Volume bars can be toggled between full-stack mode or clean column view. Every layer is modular—built for composability with tools like ΣVOL or the OBV Intention Bias overlay.
🧐 Ideal use-cases:
• 🕰 HTF bias anchoring → LTF execution
• 🧭 Identifying when structure is being driven by real crowd pressure
• 🚫 Fading green/fuchsia bars that fail to break structure
• ✅ Riding green/fuchsia follow-through in directional moves
🍷 Recommended pairings:
• ΣVOL for statistically significant volume anomaly detection
• OBV Intention Bias ↔️ for directional confirmation of effort zones
• SUPeR TReND 2.718 for structure-congruent entry filtering
• ATR Turbulence Ribbon to distinguish expansion pressure from churn
🥁 RVOL Effort Matrix is all about seeing—how much pressure is behind a move, whether that pressure is sustainable, and whether the crowd is aligned with price. It's volume, but readable. It’s structure, but dynamic. It’s the difference between chasing noise and trading with rhythm.
BeSight Mega SpotBeSight Mega Spot – Zone Based Price Grid Indicator
สคริปต์นี้ถูกออกแบบมาเพื่อช่วยเทรดเดอร์มองเห็นโซนราคาสำคัญที่ราคาอาจเกิดปฏิกิริยา โดยอ้างอิงจากระดับราคาที่ลงท้ายด้วย 0 และ 5 (เช่น 1350, 1355, 1360 เป็นต้น) ซึ่งมักเป็นระดับที่มีการตั้งคำสั่งซื้อขายจำนวนมากในตลาด
BeSight Mega Spot – Zone-Based Price Grid Indicator
This indicator is designed to help traders visualize key price zones where the market often reacts, based on price levels ending with 0 or 5 (e.g., 1350, 1355, 1360). These levels are commonly used for pending orders, liquidity, or price clustering zones.
It displays horizontal grid lines at fixed step intervals (default: every 5 points), covering the entire visible price range of the chart. Each price level is labeled for better clarity and planning.
🟦 Blue lines: Price levels ending in 0
⬜ Gray lines: Price levels ending in 5
This tool is useful for identifying potential institutional behavior zones, price consolidation, accumulation/distribution areas, or psychological support/resistance levels.
🧠 Notes:
- This indicator is not a buy/sell signal tool or predictive system.
- It works best when used in conjunction with other technical tools such as Supply/Demand zones or Smart Money Concepts (SMC) analysis.
- Compatible with all instruments: stocks, futures, forex, crypto, etc.
✅ How to use:
1. Add the indicator to your chart
2. Observe how price interacts with the 0/5 grid zones
3. Use the lines to assist with breakout, retest, or reversal planning
4. Combine with price action or other indicators for higher precision
✨ Developed by BeSight – A Community Of Traders
---------------------------------------------------------------------------------------
อินดิเคเตอร์นี้จะแสดงเส้นแนวนอนแบบตาราง (Grid) ที่แบ่งช่วงราคาออกเป็นระยะ ๆ ตามค่าที่ผู้ใช้กำหนด เช่น ทุก ๆ 5 จุด และครอบคลุมช่วงราคาทั้งหมดของกราฟ โดยแสดงเป็นเส้นแบบ dotted พร้อมป้ายราคาเพื่อให้มองเห็นได้ชัดเจน
🟦 เส้นสีน้ำเงิน: แสดงระดับราคาที่ลงท้ายด้วย 0
⬜ เส้นสีเทา: แสดงระดับราคาที่ลงท้ายด้วย 5
เหมาะสำหรับผู้ที่ต้องการดูโซนราคา "หยุดพัก / เก็บของ / เปิดโพซิชัน" ซึ่งอาจสะท้อนพฤติกรรมของผู้เล่นรายใหญ่หรือสถาบันในตลาด
🧠 ข้อควรรู้:
- อินดิเคเตอร์นี้ไม่ได้บอกจุดเข้าเทรดหรือการคาดการณ์ แต่ช่วยในการวางแผนแนวรับ-แนวต้านร่วมกับเครื่องมือวิเคราะห์อื่น ๆ
- รองรับทุกสินทรัพย์ที่มีหน่วยราคาคงที่ (หุ้น, ฟิวเจอร์ส, ฟอเร็กซ์, คริปโต ฯลฯ)
✅ วิธีใช้งาน:
1. เพิ่มอินดิเคเตอร์นี้ลงบนกราฟ
2. ใช้เส้น Grid เป็นแนวประกอบในการดูพฤติกรรมราคา เช่น การหยุดลง, การเบรกแนว, การกลับตัว
3. ผสมผสานกับโซน Demand/Supply หรือโซน SMC เพื่อความแม่นยำ
✨ พัฒนาโดย BeSight – คอมมูนิตี้ของเทรดเดอร์ตัวจริง
50-Line Oscillator // (\_/)
// ( •.•)
// (")_(")
25-Line Oscillator
Description:
The 25-Line Oscillator is a sophisticated technical analysis tool designed to visualize market trends through the use of multiple Simple Moving Averages (SMAs). This indicator computes a series of 26 SMAs, incrementally increasing the base length, providing traders with a comprehensive view of price dynamics.
Features:
Customizable Base Length: Adjust the base length of the SMAs according to trading preferences, enhancing versatility for different market conditions.
Rainbow Effect: The indicator employs a visually appealing rainbow color scheme to differentiate between the various trend lines, making it easy to identify crossovers and momentum shifts.
Crossovers Detection: The script includes logic to detect crossover events between consecutive trend lines, which can serve as signals for potential entry or exit points in trading.
Clear Visualization: Suitable for both novice and seasoned traders, the plots enable quick interpretation of trends and market behavior.
How to Use:
Add the indicator to your chart and customize the base length as desired.
Observe the rainbow-colored lines for trend direction.
Look for crossover events between the SMAs as potential trading signals.
Application: This indicator is particularly useful for swing traders and trend followers who aim to capitalize on market momentum and identify reversals. By monitoring the behavior of multiple SMAs, traders can gain insights into the strength and direction of price movements over various time frames.
VIX Momentum AnalyzerUsed for detected momentum in VIX to get a better odea of when to short volatility.
Interpreting Signals:
Red Zone (ROC > +20%): VIX spiking → Avoid SVIX.
Yellow Zone (ROC < +10%): Fear easing → Prepare to enter SVIX.
Green Zone (ROC < 0%): VIX dropping → Hold SVIX for profits.
TREND and ZL FLOWThis PineScript combines two technical indicators—T3 Slow Trend Histogram and Zero Lag Moving Average to analyze market trends and potential reversals.
Giving credit to original authors of their original indicators: RedKTrader and Bjorgum
I have combined these into one indicator showing when trend is best to be trading...
When all lines are showing Green you are in a buying pressure market.
When all are lines are showing Red then you are in a selling pressure market.
T3 Slow Trend Histogram (Bjorgum):
A smoothed moving average (T3) is calculated using a recursive EMA (Exponential Moving Average) process with a length of 8 and a smoothing factor (b = 0.7). Six layers of EMAs are computed (xe1 to xe6) and combined with weighted coefficients (c1 to c4) to generate the final T3 value (nT3Average).
The histogram visually represents the T3’s momentum: green bars indicate upward momentum (T3 rising) and red bars signal downward momentum (T3 falling). This helps identify trend strength and direction.
ZL Flow (Zero-Lag Moving Average RedKTrader ):
A double-smoothed WMA (Weighted Moving Average) with a length of 9 and smoothing factor of 2 is applied to the price. The final ZLMA line is derived using a formula (2 * priceMA - ta.wma(priceMA, length)) to reduce lag.
The ZLMA line changes color (bright green for upward, red for downward) based on its direction.
Together, the T3 histogram tracks trend dynamics, while the ZL Flow provides early reversal signals, offering a dual approach to trend analysis and trade timing. The script is ideal for traders seeking confirmation of momentum shifts and zero-lag responsiveness.
Supertrend Fix1. Strategy Concept:
A. Ema Crossover of 20 and 50
B. Supertrend signal
C. Volume breakout of before 20 candles
Whenever ema crossed above and supertrend gives buy signal and Volume breaks out it will take a buy trade and in opposite scenario it will take a short trade.
2. Indicators Used: Ema 20 and Ema 50, Volume, supertrend.
3. Buy/Sell Conditions: Only when all 3 conditions satisfys then take entry.
4. Timeframe: 5m
Candle Size Alerts (Manual size)This TradingView Pine Script (v6) is an indicator that triggers alerts based on the size of the previous candle. Here's a breakdown of how it works:
1. Indicator Definition
//version=6
indicator('Candle Size Alerts (Manual size)', overlay = true)
The script is written in Pine Script v6.
indicator('Candle Size Alerts (Manual size)', overlay = true):
Defines the indicator name as "Candle Size Alerts (Manual size)".
overlay = true means it runs directly on the price chart (not as a separate panel).
2. Calculate the Previous Candle's Body Size
candleSize = math.abs(close - open )
close and open refer to the previous candle’s closing and opening prices.
math.abs(...) ensures that the size is always a positive value, regardless of whether it's a green or red candle.
3. Define a User-Adjustable Candle Size Threshold
candleThreshold = input(500, title = 'Fixed Candle Size Threshold')
input(500, title = 'Fixed Candle Size Threshold'):
Allows users to set a custom threshold (default is 500 points).
If the previous candle's body size exceeds or equals this threshold, an alert is triggered.
4. Check if the Candle Size Meets the Condition
sizeCondition = candleSize >= candleThreshold
This evaluates whether the previous candle's size is greater than or equal to the threshold.
If true, an alert will be generated.
5. Determine Candle Color
isRedCandle = close < open
isGreenCandle = close > open
isRedCandle: The candle is red if the closing price is lower than the opening price.
isGreenCandle: The candle is green if the closing price is higher than the opening price.
6. Generate Alerts Based on Candle Color
if sizeCondition
if isRedCandle
alert('SHORT SIGNAL: Previous candle is RED, body size = ' + str.tostring(candleSize) + ' points (Threshold: ' + str.tostring(candleThreshold) + ')', alert.freq_once_per_bar)
else if isGreenCandle
alert('LONG SIGNAL: Previous candle is GREEN, body size = ' + str.tostring(candleSize) + ' points (Threshold: ' + str.tostring(candleThreshold) + ')', alert.freq_once_per_bar)
If the candle size meets the threshold (sizeCondition == true):
If red, a SHORT SIGNAL alert is triggered.
If green, a LONG SIGNAL alert is triggered.
alert.freq_once_per_bar ensures that alerts are sent only once per candle (avoiding repeated notifications).
How It Works in TradingView:
The script does not plot anything on the chart.
It monitors the previous candle’s body size.
If the size exceeds the threshold, an alert is generated.
Alerts can be used to notify the trader when big candles appear.
How to set Alerts in Trading View
1. Select Indicator – Ensure the indicator is added and properly configured.
2. Set Time Frame – Make sure it's appropriate for your trading strategy.
3. Open Alerts Panel – Click the "Alerts" tab or use the shortcut (Alt + A on Windows).
4. Create a New Alert – Click "+" or "Create Alert."
5. Select Condition – Pick the relevant indicator condition (e.g., "Candle Size Alerts(Manual size)").
6. Choose Alert Function – Default is "Any Alert() Function Call".
7. Set Expiration & Name – Define how long the alert remains active.
8. Configure Notifications – Choose between pop-up, email, webhook, or app notifications.
9. Create Alert – Click "Create" to finalize.
How to set the size manually:
Add the "Candle Size Alerts (Manual size)" Indicator to your chart.
Open Indicator Settings – Click on the indicator and go to the "Inputs" tab.
Set Fixed Size Threshold – Adjust the "Fixed Size Candle Threshold" to your desired value.
Click OK – This applies the changes.
Reset Alerts – Delete and recreate alerts to reflect the new threshold.
Happy Trading !!!!
KOLA CHIRANJEEVI
BTC Dominance Excluding StablecoinsBTC Dominance Excluding Stablecoins
Description:
The "BTC Dominance Excluding Stablecoins" indicator calculates Bitcoin's dominance as a percentage of the total cryptocurrency market capitalization, excluding the market caps of major stablecoins (USDT and USDC). Unlike the standard BTC.D ticker, which includes stablecoins in the total market cap, this indicator provides a clearer view of Bitcoin’s dominance relative to the "non-stable" crypto market. This can be useful for traders and analysts who want to assess Bitcoin’s strength without the influence of stablecoin market caps, which often skew dominance metrics during periods of high stablecoin usage.
How It Works:
Bitcoin Market Cap: Fetches Bitcoin’s market capitalization using CRYPTOCAP:BTC.
Total Market Cap: Retrieves the total cryptocurrency market cap via CRYPTOCAP:TOTAL.
Stablecoin Adjustment: Subtracts the market caps of USDT (CRYPTOCAP:USDT) and USDC (CRYPTOCAP:USDC) from the total market cap.
Dominance Calculation: Computes Bitcoin’s dominance as (BTC Market Cap / Adjusted Total Market Cap) * 100, where the adjusted total excludes stablecoins.
Output: Plots the resulting dominance percentage as a line chart.
Features:
Displays Bitcoin dominance excluding stablecoins on any timeframe.
Customizable line color and thickness for better visualization.
Provides a more accurate representation of Bitcoin’s market share in the volatile, non-stablecoin crypto ecosystem.
Usage:
Add this indicator to your TradingView chart to compare Bitcoin’s dominance against the broader altcoin market, free from stablecoin distortions. Use it alongside other indicators like BTC.D or price charts to analyze market trends, especially during periods of high stablecoin inflows or outflows.
Notes:
The indicator currently excludes USDT and USDC, the two largest stablecoins by market cap. Additional stablecoins (e.g., DAI, BUSD) can be added by modifying the script if desired.
Data is sourced from TradingView’s CRYPTOCAP symbols, which may have slight delays or variations depending on exchange data feeds.
Best used on daily or higher timeframes for smoother, more reliable results.
Author:
Created by K Du₿
Version:
Pine Script v5
Aethryon | OpusAethryon | Opus
Overview 👁️
Aethryon by Opus is a sophisticated multi-factor technical indicator that fuses a variety of analytical methodologies into a cohesive sentiment analysis tool. Designed for precision and clarity, it delivers intuitive visual signals and a robust dashboard to help traders assess market momentum, trend dynamics, and potential turning points with confidence.
Key Features 🔑
Multi-Factor Analysis : Seamlessly integrates diverse quantitative techniques—including momentum evaluation, volatility assessment, trend detection, and price behavior analysis—into a unified framework. What this means for you: Instead of relying on just one way to read the market, Aethryon combines multiple perspectives—like a team of experts working together—to give you a fuller, more reliable picture of what’s happening.
Z-Score Normalization : Transforms sentiment data into standardized deviation units, simplifying interpretation across varying market conditions. What this means for you: It’s like putting all market signals on the same scale, so you can easily see how extreme or normal things are compared to the past—no guesswork needed.
Visual Signal System : Highlights critical shifts with triangular markers at pivotal crossover moments.
Four Visualization Styles : Offers flexible display options—Gradient, Bands, Pulses, or Binary—to suit individual preferences.
Interactive Dashboard : Provides real-time insights into trend direction, signal strength, and actionable trading cues.
Customizable Thresholds : Allows traders to define upper and lower signal boundaries tailored to their strategy.
Adaptive Display Options : Adjusts size, glow effects, and visual styling for a personalized trading experience.
How to Use 🎯
Trend Direction : A reading above zero signals prevailing bullish sentiment; below zero suggests bearish dominance.
Signal Strength : The greater the distance from zero, the more robust the market sentiment.
Trading Signals : Triangular markers pinpoint potential entry or exit opportunities based on underlying shifts.
Dashboard Metrics : Offers a detailed snapshot of trend orientation, strength percentage, and suggested actions for rapid decision-making.
Settings ⛓️
Aethryon provides extensive customization through its input settings:
Lookback period for statistical normalization.
Upper and lower thresholds for signal generation.
Choice of visualization style and aesthetic effects.
Dashboard layout and scaling options.
Fine-tuning parameters for the underlying analytical components.
Summary 📃
Aethryon distills the complexity of advanced market analysis into a single, powerful tool. By blending multiple layers of technical insight, it empowers traders to uncover high-probability opportunities with enhanced clarity and precision, all while adapting to their unique trading style.
Disclaimer ⚠️
The Aethryon Indicator is a tool designed to assist traders in analyzing market trends and is not intended as financial advice. Trading and investing carry significant risks, including the potential loss of capital. Past performance does not guarantee future results.
Users are encouraged to conduct their own research, evaluate their risk tolerance, and make independent investment decisions. The creators of Aethryon are not liable for any financial outcomes resulting from its use.
Options Chart Lite [Pt]█ Options Chart Lite
────────────────────────────
█ Introduction
Options Chart Lite is a simplified version of the full Options Chart+ tool — created for traders who want a clean and easy way to visualize option volume around price without extra complexity.
It displays live call and put volume and pricing directly on your TradingView chart, centered around the most relevant strikes for the selected expiry.
────────────────────────────
█ What Is Options Chart Lite ?
Options Chart Lite is a free tool that shows real-time call and put activity in a clean, strike-by-strike table.
It provides:
- Side-by-side call/put volume and pricing
- Live table centered on current price
- Total call and put volume summary
- Quick insight into flow without overlays or clutter
────────────────────────────
█ Key Features
Visual Option Table
- Volume and price for calls and puts
- Table auto-centers around current price
- Up to 20 strikes shown
Total Volume Summary
- Call vs put volume shown at the bottom
Formatted Expiry + Timeframe
- Full expiry display (e.g. “Fri Apr 11, 2025”)
- Fixed to 1D timeframe
Reset & Warnings
- Button to reset strike range
- Optional delayed data notice
────────────────────────────
█ Inputs
Option Expiry Date (YYMMDD): Must match a valid expiry
Strike Increment: Strike spacing (e.g., 1, 2.5, 5)
Reference Strike Denominator: Rounds price to valid strike
Font Size Option: Choose Auto, Tiny, Small, or Normal
Reset Button: Re-centers if price moves
Delayed Data Warning: Toggle display of warning
────────────────────────────
█ Use Cases
Spot Key Strikes
See which strikes have the most activity.
Quick Flow Insights
Volume bias without opening an option chain.
Prep Levels
Align price action with strike flow.
Volume Skew Snapshot
Check if calls or puts dominate.
────────────────────────────
█ Known Limitations
- Invalid Expiry or Strike Inputs Will Error
Inputs must match real listed options for the symbol.
- Options Data Must Be Available
Volume will appear as 0 if TradingView data isn’t accessible.
- Strike Range is Limited
Script renders ~20 strikes. Use Reset Indicator if price moves too far.
Volume LevelFirst and only, volume is given a level and identified as bullish or bearish.
Level A means very strong
Level B means strong
Level C means neutral
Level D means weak
Level E means very weak
In addition, there is a line feature to identify whales and retailers transactions. For more complete information, read my indicator called "Whales & Retailers Level".
XRP/USD Advanced Trading StrategyKey Features:
Triple Confirmation System combines:
Moving Average crossover (9-period vs 21-period)
RSI oversold/overbought conditions (14-period)
MACD histogram crossover
Risk Management:
Built-in stop loss/profit taking (modify via strategy settings)
Margin requirements specified (100:1 leverage)
Visual Elements:
Clean price chart overlay
Clear buy/sell arrows with labels
Moving average plots for trend identification
Optimization Tips:
Adjust MA lengths for different timeframes (shorter for day trading)
Modify RSI levels based on market volatility
Combine with Ichimoku Cloud for additional confirmation
Use Bollinger Bands® to filter false breakouts
Backtesting:
Test on multiple timeframes (4h/daily weekly)
Check performance during different market conditions
Optimize parameters using Strategy Tester
This strategy reduces false signals by requiring confirmation from three different technical indicators while maintaining clarity in signal generation. Always validate with fundamental analysis and market news before executing trade
MB Candle CounterThis will count the candles to red and green within a set bar. It will show how the trend and strength of the price movement
Period Candle CounterCount Number of Red vs green candles
It also counts the difference between red and green candles which indicates the strength of the previous n number of candles
Forex Market Strength Indicator [algo_aakash]📊 Forex Market Strength Indicator
This indicator visually displays the relative strength of major currencies by analyzing percentage changes in popular forex pairs like EURUSD, GBPUSD, USDJPY, and others.
💡 It presents each currency's strength using a color-coded bar system, making it easier to spot the strongest and weakest currencies at a glance.
No signals, no clutter — just a clean visual representation of forex market strength.
Created by @algo_aakash
Built using Pine Script v6.
Whales & Retailers LevelThis is an indicator to determine the level of whales and retailers in the market. It could be used in all trading instruments. It looks simple and easy to use. Useful to show whales vs retailers transaction level.
If the whales level is higher than the retailers level, then the market is in a buying phase by whales. Conversely, if the whales level is lower than the retailers level, then the market is in a selling phase by whales. And if the gap between the two levels is wider, it means that whale transactions are stronger. Conversely, if the gap between the two levels is narrower, it means that whale transactions are weaker.
This could be an analysis tool for most people who focus on whales and retailers transaction activities in the market. Of course, this indicator alone is not enough, it needs to be supported by other analysis for you to execute buy or sell.
This indicator only gives an overview of the level of whales and retailers transaction, and seeing the comparison between the two.
Enjoy, hopefully you are satisfied with this indicator.
Shisha Prop Price LimitsSimple indicator to help you know where the price limits are from CME.
How to use:
On the chart two lines are plotted. 5% and 7%.
At 5% all prop firms stops you from trading or you fail
at 7% the market itself will halt and all trading will stop.
Do not trade after price hits 5%.
Options Chart+ [Pt]█ Introduction
Since the launch of options data support on TradingView, the landscape for retail options traders has started to shift. But until now, no tool in the public TradingView library has offered a full-featured, visual-first interface for reading option strike activity directly from your chart.
www.tradingview.com
Options Chart+ changes that — bringing an institutional-style strike analysis interface to TradingView.
It reads the option chain for any symbol and expiry, dynamically builds a strike-by-strike volume and price table, highlights top areas of market activity, and helps you interpret directional sentiment through both total and skew-adjusted implied moves.
────────────────────────────
█ What Is Options Chart+ ?
Options Chart+ is a premium script for analyzing call and put option volumes and pricing for any option chain that's readily available on TradingView.
It provides a real-time, on-chart display of:
- Strike-Level Volume and Price Table
- Gradient Heatmaps for Volume Activity
- Overlayed Top Strikes on the Chart
- Implied Move and Directional Bias Metrics
By visualizing where options traders are concentrating their positioning, this tool helps uncover potential support/resistance zones, directional bets, and key gamma levels — all from the flow.
────────────────────────────
█ Key Features
Visual Option Chain Table
- Centers around the current price
- Real-time volume and price per strike
- Clean formatting with total summaries
Gradient Volume Coloring
- Highlights activity using customizable color gradients
- Makes volume spikes obvious at a glance
Top Strike Overlays
- Automatically highlights top volume call/put strikes
- Overlays labeled lines on the chart for price context
Implied Move and Directional Bias
- ATM straddle = Total Implied Move
- Volume-weighted extrinsics = Directional Implied Move (DIM)
- Shows skew-based bias: bullish or bearish
────────────────────────────
█ Inputs & Customization
Option Expiry Date (YYMMDD): Must match valid options for the symbol
Strike Increment: Matches strike spacing (e.g., 1, 2.5, 5)
Reference Strike Denominator: Rounds the center strike
Volume Timeframe: Any valid chart timeframe
Gradient Volume Coloring: Toggle on/off
Call/Put Volume Colors: Fully customizable
Draw Top Strike Lines: Enables chart overlays
Start / End Offset: Customize overlay length
Font Size: Auto, Tiny, Small, or Normal
Delayed Data Warning: Adds footnote in the table
Reset Button: Re-centers the tool if price moves too far
────────────────────────────
█ Use Cases
1. Spotting High-Interest Strikes
Use gradient heatmaps and overlays to see where volume is clustering.
Example: Heavy calls at 4200 may act as a magnet or gamma level — perfect for breakout or fade setups.
2. Interpreting Sentiment with DIM
Gauge where the flow is leaning directionally.
Example: Bullish DIM = call extrinsics outweigh puts → sentiment skewed bullish.
3. Sizing Risk Around Implied Movement
Use Total Implied Move to set range boundaries.
Example: Avoid selling premium inside the expected move unless risk is tight.
4. Combining Volume and Price Action
Overlay strikes with price structure for confluence trades.
Example: A heavy put strike with price holding = potential bounce zone.
5. Structuring Straddles or Strangles
Use volume skew to inform multi-leg positions.
Example: If call side is bid up, lean strangle wider to the upside.
────────────────────────────
█ Known Limitations
- Invalid Expiry or Strike Inputs Will Error
You are responsible for selecting a valid expiry and strike increment that matches the symbol’s listed options.
- Options Data Must Be Available
This tool depends on TradingView's options feed. If you do not have access (delayed or real-time), the script will fail to load.
- Strike Range is Limited
Renders ~20 strikes max to preserve clarity. If price moves beyond that, use the Reset Indicator input.
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█ Final Thoughts
Options Chart+ is built for traders who operate on flow, structure, and sentiment. It lets you trade with confidence by showing where the real positioning is happening — visually, clearly, and in real-time.
If you:
- Think in terms of option flow
- Trade around volume levels or gamma exposure
- Want faster access to skew and sentiment
- Or just need clarity over chaos in an options chain...
This tool is for you.
風險情緒儀表板Simple Risk Sentiment Indicator
Observe with the market index (such as S&P 500, Nikkei)
Make simple judgments by combining risk aversion and risk capital flows
Green : peace of mind
Red : Watch out for turbulence
Applicable period (1 day, 4 hours)
簡單的風險情緒指標
搭配大盤指數（例如 S&P 500、日經指數）觀察
搭配避險與風險資金流向來做簡單的判斷
綠色: 安心多方
紅色: 注意動盪
適用週期（1日、4小時）
Risk-On vs Risk-Off Meter (Pro)Risk-On vs Risk-Off Meter (Pro)
This macro-based tool analyzes capital flows across key assets to gauge overall market risk sentiment. It does not use ES, SPY, or stock data directly—making it a powerful confirmation tool for ES traders looking to align with macro forces.
🔹 Core Idea:
Tracks capital rotation between copper/gold, bonds, dollar, crude oil, VIX, and yield spreads to generate a normalized risk score (0–1). This score reflects whether macro money is flowing into risk or safety.
🔹 Use:
Use this indicator as confirmation of directional bias when scalping or day trading ES.
– Green Zone (>0.75): Risk-On environment. Favor long setups.
– Red Zone (<0.45): Risk-Off. Favor short setups or stand aside.
– Yellow Zone: Neutral, use caution.
– Divergence Alerts: Signals when ES price disagrees with macro risk trend—potential reversals or exhaustion zones.
HOT TO USE
– Combine with your existing price action or order flow signals
– Avoid trading against the macro sentiment unless strong setup
– Use divergence as a heads-up for fading or exiting trades
This gives you a macro-informed lens to validate or filter your entries.
Market Flow Exit SignalsThis Market Flow indicator with Exit Signals is a customized momentum oscillator that measures buying and selling pressure using price and volume data.
THIS IS ONLY AN EXIT SIGNAL INDICATOR - No Entry Signals Are Given.
This version plots as a clean step-line for clarity, with visual overbought and oversold zones marked at 80 and 20, respectively.
The overbought and oversold values can be changed by the user to your preference depending how sensitive you want the exit signals to be given.
Similar to RSI, when the line crosses above the overbought level or below the oversold level, it can signal potential exit points from a smooth flowing market.
These signals are designed to help traders lock in profits or avoid reversals by identifying when market momentum may be shifting.
Exit signals only appear in the Indicator pane and not directly on your chart.
I offer a separate indicator in my scripts that plots these above/below candles if you prefer that view instead.
Market Flow Exit Alerts On ChartThis Market Flow exit signals measures buying and selling pressure using price and volume data.
These signals are designed to help traders lock in profits or avoid reversals by identifying when market momentum may be shifting.
These are Exit Only Signals - No entry signals are given, this is only to help you consider when it may be time to get out of the current trend in the market.
