💎 GENERAL OVERVIEW Introducing our new Theta Shield indicator! Theta is the options risk factor concerning how fast there is a decline in the value of an option over time. This indicator aims to help the trader avoid sideways market phases in the current ticker, to minimize the risk of theta decay. For more information, please check the "How Does It Work"...
DEVPRO Trading system comprises of the following: D - Double (EMA and VWAP) E - EMA V - VWAP (current and previous day ending VWAP level) P - Standard Pivot Point R - RSI (Multi-time frame table is added at the top and traders can add standard RSI 14 as an additional non-overlay indicator) O - OI data (not available for options trading in TV but trader can always...
This script is a custom trading view indicator that helps to identify potential buy and sell signals based on the RSI (Relative Strength Index) and SMA (Simple Moving Average) indicators. The script also identifies potential reversals using a combination of RSI and price action. It plots buy, sell, and reversal signals on the chart along with an SMA line....
Please make sure you are plotting this indicator on DAILY bars, not doing so will lead to unintended results. Also, make sure that you keep up to date the Risk-free interest rate, which you can consult (for U.S.) on ycharts.com. This is an indicator that is meant to be used for Options Day Trading, but it can be useful for mid-term or leaps for I also enabled...
In the team, we continue to explore and expand the boundaries of TradingView. For now, there is not much an options trader can do with options in TradingView. We wanted to change that and created a simple option pricer. You can set up in parameters a set of strikes, implied volatility, and days to expiry. The indicators will take a risk-free rate from US01Y...
Purpose: This script will help an options trader asses risk and determine good entry and exit strategies Background Information: The true range is the greatest of: current high minus the current low; the absolute value of the current high minus the previous close; and the absolute value of the current low minus the previous close. The Average True Range (ATR) is...
This Implied range Is derived by the VIX(1 sd annual +/- Implied move.) This Indicator plots the daily Implied range, A lot of quantitative trading firms/ MM firms hedge their delta & gamma exposure around the Implied range(prop calc). I have added retracement levels as well, so you have more pivot levels. Enjoy!
5MSM VISHNU Indicator for Trending Markets originally written by patrick1994. It was originally based on the MACD 12-26 and the 50 bar EMA . The macd hist is color coded with green as buy and sell as red. I added an option to use a couple of lower lag ema's (See line 13 - ema_signal). 5MSM VISHNU with MACD Indicator for Trending Markets Originally written by...
This strategy is mainly developed for scalping / intraday trading. It could potentially be used to identify entry/exit signals for short term options trading. It performs decently well on popular stocks when used on time frames between 5 min to 15 min using regular session bar data. It combines 3 popular indicators, EMA, MACD, and William %range, to generate both...
ENGLISH This indicator (V-R-P) calculates the (one month) Volatility Risk Premium for GOLD and SILVER. V-R-P is the premium hedgers pay for over Realized Volatility for GOLD and SILVER options. The premium stems from hedgers paying to insure their portfolios, and manifests itself in the differential between the price at which options are sold (Implied...
Important notes: 1. This strategy is designed for same day SPY option scalping. All profit shown in back testing report is based on Profit/Loss (P/L) estimates from trading options with approximately 6 months of data. By default, it is set to 10 option contracts. By default the initial capital is set to $5000. Pyramiding is set to 3. 2. This strategy works better...
Monthly options expiration for the year 2022. Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades. Happy new year 2022 in advance and all the best traders.
Description: Plots the Weekly Expected Move (wEM) using the following week's Option Chain ATM Call+Put ask price to determine the EM for the following week The wEM is the options market pricing in the expected future volatility for the following week. The wEM is the range that the underlying price will be contained during the week 68% of the time. These levels...
Monthly options expiration for the year 2021. Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades. Happy new year 2021 in advance and all the best traders.
Swing Reversal Indicator was meant to help identify pivot points on the chart which indicate momentum to buy and sell. The indicator uses 3 main questions to help plot the points: Criteria Did price take out yesterday's high or low? Is today's range bigger than yesterday? (Indicates activity in price) Is the close in the upper/lower portion of the candle?...
This script calculates the Implied Volatility (IV) based on the daily returns of price using a standard deviation. It then annualizes the 30 day average to create the historical Implied Volatility. This indicator is intended to measure the IV for options traders but could also provide information for equities traders to show how price is extended in the expected...
Options Reticle caters to degenerate traders and gamblers worldwide, reaching out for long distant contract expiration and just OTM strike placement. Generate the overlay yourself using the tradingview-options-reticle CLI tool found on GitHub. The Options Reticle provides a targeting system overlay that will show a horizontal OTM strike price and verticle...
Monthly options expiration for the year 2020. Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades. Happy new year 2020 and all the best traders.