Core IC 2.0

## 📌 NIFTY Weekly Option Seller — Core Regime & Risk Framework

This indicator is designed for **systematic weekly option selling on NIFTY**, focused on **Iron Condors (IC), Put Credit Spreads (PCS), and Call Credit Spreads (CCS)**.

It is **not a scalping tool** and **not a signal generator**.
Instead, it provides a **structured decision framework** to help option sellers decide:

* *What structure to deploy* (IC / PCS / CCS)
* *How aggressive to be* (position size & distance)
* *When to adjust* (defend / harvest / regime change)

---

## 🔍 What the Indicator Does

### 1️⃣ Market Regime Detection

The script continuously evaluates the market and classifies it into one of three regimes:

* **IC (Range / Mixed)** – neutral, mean-reverting conditions
* **PCS (Trend Up)** – bullish trend continuation
* **CCS (Trend Down)** – bearish trend continuation

Regime selection is based on:

* EMA structure
* ADX (trend strength)
* VWAP positioning
* Higher timeframe (daily) trend alignment

---

### 2️⃣ Independent Conviction Scores

The indicator computes **three independent scores (0–5)**:

```
IC / PCS / CCS
```

These scores represent **conviction strength**, not trade signals.

* Higher score = stronger suitability for that structure
* All three scores are always visible for transparency

Only **one active score** (based on the current regime) is used for:

* Position sizing
* Strike distance suggestions
* Risk management logic

---

### 3️⃣ Risk-First Position Guidance

Based on the active score, the indicator suggests:

* **Position Size** (100% / 50% / 25%)
* **Short strike distance** (ATR-based, dynamic)
* **Defend / Harvest conditions**
* **Regime change alerts**

This helps traders remain **consistent and disciplined**, especially during volatile weeks.

---

### 4️⃣ Visual Decision Panel

A compact panel displays all key information at a glance:

* Regime (IC / PCS / CCS)
* ATR & ADX
* Suggested size
* Suggested short distance
* IC / PCS / CCS scores
* Key reference levels (H3 / L3, VWAP)

No guesswork, no over-trading.

---

## 🕒 Recommended Usage

* **Best timeframe:** 1H or 4H
* **Ideal style:** End-of-day or limited-check traders
* **Designed for:** Weekly option sellers (not intraday scalpers)

Adjustments are intended to be made **at fixed checkpoints**, not every candle.

---

## ⚠️ Important Notes

* This is **not financial advice**
* The indicator does **not place trades**
* Works best when combined with:

* Defined stop-loss rules
* Fixed risk-reward discipline
* Proper position sizing

---

## 🎯 Who This Is For

✔ Rule-based option sellers
✔ Traders focused on consistency over excitement
✔ Professionals who value structure and risk control

❌ Not for discretionary scalpers
❌ Not for beginners without options knowledge