Advanced Buy Sell Reversal Trend by S B PrasadAdvanced Buy Sell Reversal Trend by S B Prasad
is an evolution of Advanced Trend Navigator, redesigned for traders who want clean charts, fewer signals, and precise reversal entries using sigmoid smoothing, adaptive volatility MA, and professional ribbon logic.
Features – Advanced Buy Sell Reversal Trend by S B Prasad
🟢 Precision BUY / SALE Reversal Signals
High-quality BUY & SALE signals designed for trend exhaustion and reversals
Signals appear only after trend flip + price reclaim confirmation
Built-in filters reduce noise and avoid over-trading
Ideal for scalping, intraday, and swing trading
🔵 Sigmoid-Smoothed Trend Line (Advanced)
Uses sigmoid smoothing to remove market noise without lag
Provides a clear bullish / bearish bias
Much smoother and more stable than traditional moving averages
Fully user-controlled (toggle + inputs)
🟣 UW MA – Volatility Adaptive Trendline
Adaptive Hull-style MA that responds to real market volatility
Faster in trends, smoother in ranges
Helps confirm trend strength and direction
Slightly thicker line for clear visual dominance
🟥🟩 PMR Ribbon (Professional Trend Ribbon)
Inspired by institutional-grade ribbon logic
Fast & slow wave agreement shows trend strength at a glance
Soft green / red ribbon fill (eye-friendly, non-aggressive)
Ribbon ON by default, ribbon lines optional for clean charts
📐 ATR-Based Dynamic Channel
Automatically adjusts to volatility
Useful for identifying trend boundaries and exhaustion zones
Channel lines and fill are user-toggle controlled
Default OFF to maintain a clutter-free chart
🎯 Smart Anti-Spam Signal Filters
ATR-based candle body strength validation
Distance-from-channel filtering
Near-miss candle logic for reliable reversals
Prevents multiple signals in choppy conditions
🎨 Clean Chart by Default
Default view shows only UW MA + Ribbon
All other elements are optional
Designed for focus, clarity, and reduced decision fatigue
⚙️ Fully Customizable
Toggle every visual component individually
Adjust sensitivity for different markets & timeframes
Works across stocks, indices, crypto, and futures
🧠 Built for Real Traders
Fewer signals → higher confidence
Clear trend context before entries
Designed from real-market observation, not theory
⚠️ Usage Tip
This indicator is best used as a confirmation tool, combined with price action, support/resistance, or volume.
Fewer signals are intentional — quality over quantity.
Indicator Comparison
🟦 Advanced Trend Navigator by S B Prasad (Earlier)
vs
🟩 Smart Buy Sell Reversal Trend by S B Prasad (New)
🧠 CORE PHILOSOPHY (Big Difference)
Aspect Advanced Trend Navigator Smart Buy Sell Reversal Trend
Primary Focus Trend following Reversal + Trend confirmation
Signal Style Continuous / frequent Selective, high-quality
Best Use Trending markets Trend exhaustion & reversals
Trader Type Momentum / continuation Scalpers & swing reversal traders
🔔 SIGNAL LOGIC COMPARISON
Advanced Trend Navigator
Multiple trend-based signals
Momentum continuation focused
More signals in strong trends
Needs trader discretion in ranges
Smart Buy Sell Reversal Trend ✅
BUY / SALE only at key reversal zones
Trend flip + reclaim logic
Strong candle body confirmation
Distance-from-channel filter (anti-spam)
Designed to avoid over-signalling
👉 Result: Fewer but much higher-quality signals
📊 TREND & SMOOTHING TECHNOLOGY
Feature Advanced Trend Navigator Smart Buy Sell Reversal Trend
Main Trend Line Traditional MA / ATR logic Sigmoid-smoothed Trend Line (NEW)
Adaptive MA ❌ UW MA (Volatility Adaptive Hull)
Trend Noise Medium Very Low
Trend Clarity Good Excellent (machine-smooth feel)
🔵 Sigmoid smoothing is a major upgrade — it removes whip-saws without lag.
🎗️ RIBBON SYSTEM
Feature Advanced Trend Navigator Smart Buy Sell Reversal Trend
Ribbon ❌ PMR Ribbon (RedK-grade logic)
Fast–Slow Agreement ❌ ✅
Visual Trend Strength ❌ ✅
Ribbon Fill ❌ ✅ (soft green/red, eye-friendly)
Default State — ON by default
👉 The ribbon gives instant trend bias, even without signals.
🎨 VISUAL CONTROL & CLEAN CHART
Feature Advanced Trend Navigator Advanced Buy Sell Reversal Trend
Default Clean Chart ❌ ✅ YES
User Toggles Limited Everything toggle-controlled
Default ON Many plots Only UW MA + Ribbon
Signal Labels Busy Minimal BUY / SALE labels
✅ Not present in Advanced Trend Navigator:
Near-miss candle logic
Body strength (ATR-based)
Distance-from-channel filter
Trend flip confirmation
Ribbon + UW MA agreement
These eliminate low-probability reversals.
🧩 FEATURE SUMMARY TABLE
Feature Advanced Trend Navigator Smart Buy Sell Reversal Trend
Buy/Sell Signals ✔ ✔ (Cleaner & rarer)
Reversal Logic ❌ ✔ Core strength
Sigmoid Trend Line ❌ ✔ NEW
UW MA ❌ ✔
PMR Ribbon ❌ ✔
Channel + Fill ✔ ✔ (optional)
Noise Reduction Medium High
Beginner Friendly Medium High
Pro-Trader Friendly Medium Very High
Disclaimer
This indicator is provided for educational and informational purposes only.
It does not constitute financial advice, investment advice, or trading recommendations.
Trading in stocks, indices, futures, options, or cryptocurrencies involves significant risk
Past performance is not indicative of future results
Always do your own analysis and use proper risk management
The author S B Prasad is not responsible for any profits or losses arising from the use of this indicator
👉 Use this tool as a decision-support system, not as a standalone trading strategy.
📲 Join Our WhatsApp Community (Free)
For:
Indicator updates & improvements
Usage guidance & best practices
Market discussions & learning
Direct interaction with S B Prasad and fellow traders
👉 Join here:
🔗 chat.whatsapp.com
⚠️ No tips, no paid calls, no spam — learning & discussion only.
Options
Iron Fly 0DTE StrategyOverview
This indicator identifies optimal entry and exit points for 0DTE (zero days to expiration) Iron Fly options strategies on SPX. It uses a combination of DMI (Directional Movement Index) regime classification and ATR (Average True Range) volatility measurement to determine when market conditions favor non-directional premium selling.
An Iron Fly is a neutral options strategy that profits when price stays near a central strike. This indicator automates the decision of WHEN to enter and at WHAT strikes, based on quantifiable market conditions rather than discretionary judgment.
How It Works
Market Regime Classification
The core logic uses DMI and ADX to classify market conditions into four regimes:
SAFE - ADX below 25 AND DI Spread below 20: Low directional momentum, ideal for Iron Flies
CAUTION - ADX below 35 AND DI Spread below 30: Moderate conditions, wider wings recommended
WARNING - ADX below 45 OR DI Spread below 45: Elevated risk, no new entries
NO ENTRY - ADX above 45 AND DI Spread above 45: Strong trend, avoid premium selling
The DI Spread is calculated as the absolute difference between DI+ and DI-. A low spread indicates balanced buying and selling pressure, which favors range-bound price action.
Dynamic Wing Width Calculation
Wing width (the distance between the short strikes and protective long strikes) is calculated dynamically using:
Wing Width = ATR(14) × Multiplier × Late Session Factor
The multiplier varies by Entry Aggressiveness setting (5x to 7x ATR). Wings are widened by 20% in CAUTION regime for additional protection. Late in the session (after 50% elapsed), wings narrow by up to 20% as less time remains for adverse moves.
Wing width is bounded between 15 and 50 points and rounded to the nearest 5-point strike.
Entry Logic
New positions open when:
Market regime is SAFE or CAUTION
Current open positions are below the maximum limit
Daily trade count is below the daily limit
Price has moved sufficiently from the last entry (trigger distance)
No existing position at the calculated strike
Exit Logic
Positions close when price exceeds a dynamic exit threshold:
Exit Threshold = Wing Width × (Base Exit Percent + Time Decay Bonus)
The Base Exit Percent varies by Exit Aggressiveness (50% to 80%). The Time Decay Bonus increases throughout the session (0% to 25%), allowing wider tolerance as theta decay works in your favor.
What Makes This Original
This indicator differs from simple moving average or RSI-based approaches by:
Using DMI spread (not just ADX) to measure directional balance, which better identifies consolidation
Dynamically sizing wings based on current ATR rather than fixed widths
Adjusting exit tolerance based on session progress to account for theta decay
Implementing regime-based position management that automatically steps aside during trending conditions
Providing complete strike calculations for the 4-leg Iron Fly structure
Settings Guide
Strategy Settings
Entry Aggressiveness - Controls how often new trades open. LOW: fewer trades, wider wings, more selective. MID: balanced. HIGH: more trades, tighter wings.
Exit Aggressiveness - Controls how long positions are held. LOW: exits early at 50% of wing. MID: exits at 65% plus time bonus. HIGH: holds longer, exits at 80%.
Max Concurrent Flies - Maximum simultaneous open positions (1-5). Start with 1-2.
Max Trades Per Day - Daily limit to prevent overtrading (3-30).
Session Settings
Session Start/End - Trading hours in Eastern Time. Default 10:00-16:00.
How to Use
Add indicator to SPX chart (1-5 minute timeframe recommended)
Create alert with condition "Any alert() function call"
When OPEN alert fires, execute the 4-leg Iron Fly in your broker at the specified strikes
When CLOSE alert fires, close the position
Always verify the premium collected justifies the risk before entering
Alert Messages
OPEN alerts provide: Strike price, wing width, and all four leg strikes (short call, short put, long call, long put).
CLOSE alerts provide: Strike price and exit reason (price exceeded threshold or session ended).
Status Panel
The on-chart panel displays:
Positions - Current open count vs maximum
Market - Current regime classification
Wings - Current calculated wing width
Exit @ - Current exit threshold distance
Trades - Daily trade count vs limit
Limitations
Designed specifically for SPX 0DTE options; may not suit other underlyings
Does not account for bid-ask spreads or execution slippage
Market regime classification may lag during rapid regime changes
Past performance of signals does not guarantee future results
Requires manual execution in your options broker
Best Conditions
This strategy performs best during:
Range-bound, choppy market conditions
Normal volatility days (avoid major news events)
Regular trading hours (10 AM - 4 PM ET)
Avoid using during:
Strong trending days
FOMC announcements, CPI releases, earnings
Pre-market or after-hours
Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice.
Options trading involves substantial risk of loss
Iron Flies can result in losses up to the wing width minus premium collected
Past indicator signals do not guarantee future performance
Always understand your maximum risk before entering any trade
Never risk more than you can afford to lose
Conduct your own research and consider consulting a financial advisor
FX-CLINIC/ICT/AUTO OTEICT Indicator
Show automatic OTE (current)
with background
and prices
can change the swing as you want
created by FX-CLINIC
Peak Rejection LevelsPeak Rejection Levels is a price-action–based indicator designed to automatically identify strong rejection levels at swing highs and swing lows.
It highlights areas where price attempted to move further but was firmly rejected, often acting as key support or resistance zones.
The indicator is especially useful for :
Intraday and swing trading
Identifying high-probability rejection zones
Support/resistance mapping based on pure price action
Confluence with trend, structure, or indicator-based strategies
📈 What Is a “Peak Rejection”?
A peak rejection is defined using strict price-action rules:
🔺 Swing High Rejection (Resistance)
A swing high is marked as a rejection when:
The candle is a confirmed swing high
The candle has an upper wick
The upper wick is larger than the candle body
The wick represents the highest price of the swing
This indicates strong selling pressure and rejection from higher prices
🔻 Swing Low Rejection (Support)
A swing low is marked as a rejection when:
The candle is a confirmed swing low
The candle has a lower wick
The lower wick is larger than the candle body
The wick represents the lowest price of the swing
This indicates strong buying pressure and rejection from lower prices
When these conditions are met, the indicator draws a horizontal level at the rejection wick.
🧠 Key Features
✅ Works on any timeframe
✅ Non-repainting (uses confirmed swings)
✅ Automatically removes broken levels
✅ Automatically removes old levels based on time
✅ Clean and uncluttered chart output
✅ Pure price-action logic (no indicators, no lag)
ES SPX Pullback Engine (v1)this script is intended to provide clear long or short pullback entries, while /ES is leading the index
ZERO LEVEL ENTRY BY SIDDAM RAJUOverview The Intraday Low Tracker is a specialized price-action strategy designed to catch potential reversals or pullbacks from new intraday lows. Unlike standard indicators that repaint or give premature signals, this tool uses a strict "Wait & Break" logic. It identifies a new low, waits for a confirmation candle, and only triggers an entry if the market proves strength by breaking above that confirmation level.
How It Works (The Logic)
Identifies the Low: The indicator continuously tracks the market to find the lowest low of the current day.
The "After Candle" Setup: Once a new low is established, the indicator waits for the immediate next candle (the "After Candle") to close.
The Setup Zone:
Green Line (Entry): Drawn at the High of the "After Candle."
Red Line (Stop Loss): Drawn at the Day Low.
The Trigger (Strict Entry):
A signal is NOT counted just because lines are drawn.
The system enters "WAITING FOR BREAKOUT" mode.
An entry is valid ONLY if price actively breaks ABOVE the Green Entry Line.
Trade Management: Once triggered, the trade remains active until it hits the user-defined Target (Blue Line) or the Stop Loss (Red Line).
Key Features
Strict Breakout Logic: Prevents false entries by requiring price to actually move above the setup candle.
Live Dashboard: A clean table on the chart displays:
Status: "Scanning", "Waiting for Breakout", or "Trade Active".
Levels: Exact prices for Entry, Target, and Stop Loss.
Statistics: Tracks "Total Entries", "Targets Hit", and "SL Hit" for the current session.
Visual Clarity:
Green Entry Label: Appears ABOVE the confirmation candle.
Red SL Label: Appears BELOW the confirmation candle.
Dynamic Lines: Lines automatically update or vanish if a setup is invalidated (e.g., if a new lower low is made before entry).
Settings
Target Profit %: Set your desired percentage gain (default is 10%).
Visual Customization: Change line colors, styles, and widths to fit your chart theme.
Table Size: Adjust the dashboard size (Tiny, Small, Normal, Large).
How to Use
Apply the indicator to your intraday timeframe (e.g., 1-minute, 5-minute).
Wait for the Green/Red lines and the "ENTRY" label to appear.
Do not enter immediately. Watch the status table.
Enter the trade only when price crosses the Green Line.
Exit at the Blue Target Line or if price falls back to the Red SL Line.
Disclaimer This tool is for educational and informational purposes only. Past performance does not guarantee future results. Always manage your risk properly.
FX-CLINIC/ ICT/ LIQUIDITY SWEEPICT Indicator
Show Liquidity sweep
Automatic updated
created by FX-CLINIC
FX-CLINIC /ICT PRO-STRUCTUREICT Indicator
Show:
1- External structure (MSS,BOS,ZIG ZAG)
2- Internal structure (IMSS,IBOS,ZIG ZAG)
3- Liquidity lines (BSL,SSL)
Automatic updated with price
Full control
1- colores
2- labels
3- long of the external and internal swings
done by Fx-clinic
free
Combo Premium SMA Alert SystemShort Straddle for ATM Options Entry at SMA Cross over downside and SL or Exit SMA Cross over Upside
Bank Nifty RSI Dynamic v6This is a specialized mean-reversion strategy designed for Bank Nifty (NSE:NIFTYBANK) on the 5-minute timeframe. It focuses on capturing rapid reversals when the market reaches extreme overbought or oversold conditions based on the Relative Strength Index (RSI).
Unlike standard RSI strategies that wait for a cross back into the neutral zone, this script uses asymmetric dynamic exits to lock in profits early as momentum shifts.
How it Works
Timeframe: Optimized for 5m (Intraday).
Bullish Entry (Call): Triggers when the RSI closes below 30. This identifies a potential "exhaustion" in selling pressure.
Bearish Entry (Put): Triggers when the RSI closes above 68. This identifies a potential "overextension" in buying pressure.
Dynamic Exits:
Calls are closed when RSI recovers to 45.
Puts are closed when RSI cools down to 56.
Position Sizing: Fixed at 3 Lots (90 units), calibrated for the 2026 Bank Nifty lot size.
Key Features
Pine Script v6: Built using the latest TradingView standards for faster execution and better backtesting accuracy.
Capital Efficiency: Includes a zero-margin override to ensure the backtester reflects the full 3-lot position regardless of account leverage settings.
Visual Signals: Uses clear plotshape triangles (Green for Call, Red for Put) directly on the price chart for easy manual execution or alert monitoring.
Risk Disclaimer
Bank Nifty is highly volatile. This strategy does not include a fixed stop loss by default (exits are momentum-based), so users should be prepared for drawdowns during strong trending phases where RSI remains in extreme zones for extended periods. Always backtest on your preferred broker's data before going live.
Option Levels KiKOption Levels KiK - Automatic Options Levels Converter
This indicator automatically converts SPX options levels to ES futures prices in real-time.
KEY FEATURES:
- Automatic conversion from any index (SPX, NDX, etc.) to its corresponding futures contract (ES, NQ, etc.)
- Two conversion modes: Ratio or Spread
- Automatic reference price capture at user-defined time (default 15:30 Paris time)
- Displays key options levels: Gamma Flip, Forward, C50, C70, P50, P70
CONVERSION METHODS:
- Ratio Mode: Future Level = Index Level × (ES Reference / SPX Reference)
- Spread Mode: Future Level = Index Level + (ES Reference - SPX Reference)
CUSTOMIZATION:
- Enable/disable individual levels
- Fully customizable colors, line styles, and widths
- Labels displayed on the right side of the chart
- Reference time automatically converts from Paris timezone to US market time
USAGE:
1. Enter your options levels for the index (e.g., SPX)
2. The indicator automatically converts them to futures levels (e.g., ES)
3. Monitor the conversion info table in the top-right corner
Perfect for options traders who need to track index levels on futures charts!
ORB + Expected Move + Trade Bias RWCORB + Expected Move + Trade Bias v3
Overview
A comprehensive 0DTE SPX options trading indicator designed to identify optimal credit spread and iron condor setups based on Opening Range Breakout (ORB) analysis, Expected Move calculations, VWAP dynamics, and multi-factor confidence scoring. The indicator provides specific strike suggestions, real-time position management signals, and exit warnings.
Who This Is For
This indicator is built for traders who sell 0DTE SPX credit spreads (put spreads, call spreads, or iron condors) and want a systematic, data-driven approach to:
Determine trade direction (bullish, bearish, or neutral)
Select appropriate strikes based on market conditions
Manage positions with clear exit signals
Core Components
1. Opening Range Breakout (ORB)
The ORB establishes the initial trading range after market open, serving as the foundation for trade bias determination.
Settings:
ORB Period: Choose 15, 30, 45, or 60 minutes
Shorter periods (15-30 min) = more signals, more noise
Longer periods (45-60 min) = fewer signals, more reliable ranges
ORB Breakout Buffer %: Percentage buffer beyond ORB high/low before confirming breakout (default 0.1%)
Colors: Customize ORB high (green), low (red), and fill colors
How It Works:
Tracks the high and low during the ORB period
After ORB completes, monitors for breakouts above/below with buffer
Counts consecutive bars above/below ORB for confirmation
2. Expected Move (EM)
Calculates the statistically expected daily range based on Average True Range (ATR).
Settings:
ATR Length: Lookback period for ATR calculation (default 14)
ATR Multiplier: Scale the expected move (default 1.0)
Colors: Customize expected move lines and fill
How It Works:
Pulls daily ATR from the previous session
Projects expected move boundaries from session open
Used for strike distance calculations and range containment analysis
3. VWAP Analysis
Volume Weighted Average Price with standard deviation bands provides trend confirmation and stretch detection.
Settings:
Show VWAP: Toggle VWAP line visibility
Show VWAP StdDev Bands: Toggle ±1 standard deviation bands
VWAP Band Multiplier: Adjust band width (default 1.0)
VWAP Slope Lookback: Bars to measure VWAP slope (default 10)
Key Metrics:
VWAP Slope: Normalized slope indicating trend strength
Strong Up (↑↑): > 0.5
Up (↑): 0.3 to 0.5
Flat (—): -0.3 to 0.3
Down (↓): -0.5 to -0.3
Strong Down (↓↓): < -0.5
Stretched Detection: Warns when price is >1.5 standard deviations from VWAP
4. Prior Day Levels (PDH/PDL)
Yesterday's high and low serve as key support/resistance levels where institutional orders often cluster.
Settings:
Show Prior Day High/Low: Toggle PDH/PDL lines
Show Prior Day Close: Optional PDC line
Colors: Customize PDH (teal), PDL (orange), PDC (gray)
Why It Matters:
Price above PDH = strong bullish continuation signal
Price below PDL = strong bearish continuation signal
Price between PDH/PDL = range-bound, favors iron condors
Strikes are adjusted to respect these levels as potential support/resistance
Trade Signal System
Signal Time
Settings:
Signal Time (ET): Choose when the indicator evaluates and locks in the trade signal
1100 = 8:00 AM PT / 11:00 AM ET
1115 = 8:15 AM PT / 11:15 AM ET (default)
1130 = 8:30 AM PT / 11:30 AM ET
1145 = 8:45 AM PT / 11:45 AM ET
1200 = 9:00 AM PT / 12:00 PM ET
Recommendation: Later signal times (8:30-9:00 AM PT) provide more data and reduce morning fakeout signals, but leave less time for theta decay.
Confidence Scoring (9 Factors)
The indicator calculates three scores: Iron Condor (IC), Bullish, and Bearish. The highest score determines the signal.
Factor 1: Price Position vs ORB (max 40 pts)
Inside ORB → +35-40 IC points
Above ORB (confirmed breakout) → +40 Bull points
Below ORB (confirmed breakout) → +40 Bear points
Factor 2: VWAP Slope (max 30 pts)
Flat slope → +25 IC points
Strong positive slope → +30 Bull points
Strong negative slope → +30 Bear points
Factor 3: Price vs VWAP Position (max 20 pts)
Above upper band → +20 Bull points
Below lower band → +20 Bear points
Near VWAP → +12 IC points
Factor 4: VWAP Consistency (max 15 pts)
70%+ bars above VWAP → +15 Bull points
70%+ bars below VWAP → +15 Bear points
Mixed → +10 IC points
Factor 5: Move from Open (max 20 pts)
30% of EM up → +20 Bull points
30% of EM down → +20 Bear points
<12% move either way → +15 IC points
Factor 6: Trend Structure (max 15 pts)
Higher highs + higher lows → +15 Bull points
Lower lows + lower highs → +15 Bear points
No clear structure → +8 IC points
Factor 7: Day Range Containment (max 15 pts)
Range <35% of EM → +15 IC points
Range <50% of EM → +8 IC points
Range >65% of EM → Points to directional score
Factor 8: Gap Behavior (max 12 pts)
Gap up, unfilled, above ORB → +12 Bull points
Gap down, unfilled, below ORB → +12 Bear points
Gap filled, inside ORB → +8 IC points
Factor 9: Prior Day High/Low (max 20 pts)
Above PDH → +20 Bull points
Below PDL → +20 Bear points
Between PDH/PDL → +15-20 IC points
Alignment Bonuses (max 25 pts)
Additional points when multiple factors align in the same direction.
Signal Types
SignalMeaningTradeIRON CONDORRange-bound conditionsSell both put and call credit spreadsPUT SPREADBullish conditionsSell put credit spread onlyCALL SPREADBearish conditionsSell call credit spread onlyNO TRADEConflicting signals or low confidenceStay out
Confidence Levels
ConfidenceColorStrike Mode75%+Green🍆 AGGRESSIVE (tighter strikes, more premium)60-75%Lime/Yellow🌶️ NORMAL (balanced strikes)45-60%Yellow/Orange🐢 CONSERVATIVE (wider strikes, safer)<45%Orange/RedNO TRADE triggered
Strike Suggestions
Base Calculation
For Iron Condors: Strikes are calculated from current price at signal time as the midpoint, ensuring symmetric risk on both sides.
For Directional Spreads: Strikes are calculated from session open, betting on continuation.
Put Strike = Midpoint - (Expected Move × Distance)
Call Strike = Midpoint + (Expected Move × Distance)
Distance Settings:
High Confidence (75%+): 0.60 EM (default) - Tighter strikes, more premium
Mid Confidence (60-75%): 0.70 EM (default) - Balanced
Low Confidence (<60%): 0.80 EM (default) - Wider strikes, safer
Skew Adjustments
When Auto-Adjust for Skew is enabled, strikes are asymmetrically adjusted based on:
VIX Level:
VIX > 20: Puts pushed wider (-0.05), Calls pulled tighter (+0.05)
VIX < 15: Opposite adjustment
2-Day Momentum:
Strong down move: Puts pushed wider
Strong up move: Calls pushed wider
Prior Day Levels:
Below PDL: Puts pushed wider (more downside protection)
Above PDH: Calls pushed wider (more upside protection)
PDH/PDL Strike Reference
If the calculated strike is too close to PDH or PDL, the indicator adjusts to place strikes 10 points beyond these key levels (maximum 20 point adjustment).
Exit Signal System
Three-Stage Warning System
Stage 1: EARLY ⚠️ (Yellow)
Trigger: Price moves against position with:
Below VWAP AND in lower fib zones (for put spreads/IC downside)
Above VWAP AND in upper fib zones (for call spreads/IC upside)
Action: Heightened awareness. Consider reducing position or tightening mental stops.
Note: Only fires once per direction per day to avoid alert fatigue.
Stage 2: CAUTION (Orange)
Trigger:
2+ consecutive bars beyond ORB
Price has traveled 25%+ of the distance to short strike
Action: Actively manage position. Prepare to exit.
Stage 3: EXIT (Red)
Trigger:
3+ consecutive bars beyond ORB (configurable)
Price has traveled 40%+ of the distance to short strike
VWAP slope confirms the move (if enabled)
Action: Close position immediately.
Exit Settings
Exit Confirmation Bars: Consecutive bars required for EXIT signal (default 3)
CAUTION Distance %: How far toward strike before CAUTION (default 25%)
EXIT Distance %: How far toward strike before EXIT (default 40%)
Require VWAP Confirmation: EXIT only fires if VWAP slope confirms direction
Fibonacci Retracement Levels
After signal fires, fib levels are drawn between key price points:
For Iron Condors:
0% = Put Strike
100% = Call Strike
For Put Spreads:
0% = Put Strike (danger zone)
100% = Day High at signal
For Call Spreads:
0% = Day Low at signal
100% = Call Strike (danger zone)
Fib Levels Shown:
0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
Fib Zone Tracking: The left table shows current fib zone, color-coded:
Red: Near strikes (danger)
Orange: Approaching strikes
Green: Safe middle zones
Information Tables
Left Table (Position Management)
RowDescriptionSIGNALCurrent trade signal with confidence colorConfConfidence percentageEXITCurrent exit status (HOLD/EARLY/CAUTION/EXIT)Fib ZoneCurrent price position in fib structurePDHPrior day high valuePDLPrior day low valuevs PDPosition relative to prior day rangeModeStrike mode (🍆/🌶️/🐢)PutSuggested short put strikeCallSuggested short call strikeCall Dist% distance traveled toward call strikePut Dist% distance traveled toward put strike
Right Table (Market Factors)
RowDescriptionStructureOverall market structure (BULLISH/BEARISH/RANGE/MIXED)PricePosition relative to ORBVWAPVWAP slope direction and strengthStretchedWarning if price extended from VWAPMoveCurrent move from open as % of EMEM UsedDay range as % of expected moveGapGap status (up/down, filled/unfilled)ReversalV-top or V-bottom detectionConflictAny conflicting signals detectedVIXCurrent VIX levelSkewMomentum-based skew direction
Alerts
The indicator includes pre-configured alerts:
AlertDescriptionEntry: Iron CondorIC signal firedEntry: Put SpreadBullish signal firedEntry: Call SpreadBearish signal firedHigh Confidence EntryAny signal with 75%+ confidenceNo TradeNO TRADE signal firedEARLY WARNINGEarly warning triggeredCAUTIONPosition under pressureEXIT NOWExit signal triggered
Recommended Settings
Conservative (New Traders)
ORB Period: 60 minutes
Signal Time: 1130 (8:30 AM PT)
Min Confidence: 50%
Strike Distances: 0.65 / 0.75 / 0.85
Balanced (Default)
ORB Period: 30-45 minutes
Signal Time: 1115 (8:15 AM PT)
Min Confidence: 45%
Strike Distances: 0.60 / 0.70 / 0.80
Aggressive (Experienced)
ORB Period: 30 minutes
Signal Time: 1100 (8:00 AM PT)
Min Confidence: 40%
Strike Distances: 0.55 / 0.65 / 0.75
Important Notes
This indicator does not guarantee profits. It provides a systematic framework for trade selection and management.
Paper trade first. Test the indicator on historical data and paper trade before using real capital.
Position sizing matters. Never risk more than you can afford to lose on any single trade.
Exits are suggestions. Use the exit signals as guidance, but always apply your own judgment.
Market conditions vary. The indicator performs best in normal volatility environments. Use extra caution during major news events, FOMC days, and earnings season.
SPX/SPY focused. While the indicator may work on other instruments, it was designed specifically for SPX 0DTE options trading.
Version History
v3.0
Added 45/60 minute ORB options
Added configurable signal time (8:00-9:00 AM PT)
Added stretched detection (VWAP distance warning)
Added Prior Day High/Low as scoring factor
Iron Condor strikes now centered on current price (symmetric risk)
Split table UI (left: position, right: factors)
PDH/PDL reference for strike adjustments
Credits
Developed for the 0DTE SPX options trading community. Inspired by SMB Capital's ORB methodology, VWAP analysis techniques, and real-world credit spread trading experience.
Disclaimer: This indicator is for educational and informational purposes only. It is not financial advice. Trading options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
Straddle Premium TrackerStraddle Premium Trackefr is used to combine CALL and PUT of premiums of same strike price
Price HighlightsThis script shows you price highlights that you define. You can choose what price interval and how many to show above and below the current price. I made this to help me choose a strike price quickly when trading options but also found it useful for visualizing price targets for quick futures scalps.
util_overlay_v1What is Lorem Ipsum?
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Why do we use it?
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).
Options Visualizer: Smart Money Barriers [V6]Options Visualizer: Institutional Barriers & Expected Move
The Options Visualizer is analysis tool designed for traders who want to gain an edge by monitoring the "Smart Money" (options market makers and institutional hedgers). This script helps you visualize key option market dynamics directly on your chart, allowing you to see statistical support/resistance levels and massive "walls" of liquidity.
Key Features
1. Institutional Walls (Manual Mode)
Input high Open Interest (OI) data from exchanges like Deribit or Coinglass.
Call Wall (Resistance): The strike price with the highest concentration of Call options. Market makers often defend these levels to prevent paying out buyers.
Put Wall (Support): The strike price with the highest concentration of Put options, acting as a "floor" for price action.
2. Auto-Probability Mode (Statistical Barriers)
Enable Auto Mode to calculate theoretical barriers based on a 2-Standard Deviation (95% Probability) model.
This visualizes the "extreme" ends of market expectations, where a reversal or significant resistance is mathematically likely.
3. Expected Move (68% Range Box)
The blue dotted box represents the 1-Standard Deviation (68% probability) move.
Historically, 68% of the time, the price at expiration will settle within this range. Staying outside this box signals an "over-extended" market.
The Math Behind the Magic
The script utilizes the standard Expected Move formula used by professional floor traders:
Expected Move = Current Price * (IV / 100) * SquareRoot(Days To Expiry / 365)
68% Probability (The Blue Box): Derived from 1-Standard Deviation (1-Sigma). It assumes a normal distribution of price returns.
95% Probability (Auto Mode Walls): Derived from 2-Standard Deviations (2-Sigma). This covers the vast majority of expected market outcomes, making these levels powerful institutional-grade support and resistance zones.
Implied Volatility (IV): Unlike historical volatility, IV represents the market's forward-looking "fear gauge" based on option pricing.
How to Use This Tool
1. Setup:
Look up the current Implied Volatility (IV) and Max Pain/Open Interest for your asset (use Coinglass or Deribit Metrics).
2. Inputs:
Enter the Days Until Expiration (e.g., if monthly options expire this Friday, enter the remaining days).
Enter the IV % (e.g., 55 for 55%).
3. Execution:
Trend Trading: If price stays within the Blue Box, the trend is "normal."
Mean Reversion: If price hits the Call/Put Wall (Red/Green dashed lines), look for exhaustion and potential reversal signals.
Breakouts: A sustained candle close outside the 95% Auto Walls suggests a "Black Swan" event or a massive short/gamma squeeze.
Why Use This Tool?
Traditional indicators (RSI, MACD) look at the past. This tool looks at current market expectations and positioning. By seeing where the "walls" are built, you can significantly improve your risk management and trading edge.
MANUAL:
Mode 1: Manual Institutional Data (Recommended for Specific Expiries)
This mode uses real-world Open Interest (OI) data, offering the most accurate view of where large institutions are actively defending their positions.¨
🛑 How to use the Manual Mode:
1. Disable the Enable Auto Probability Mode checkbox in the indicator settings.
2. Find the Data: Navigate to specialized crypto options analytics websites:
Coinglass Options (Look for "Open Interest by Strike")
Deribit Metrics (Look for Max Pain charts)
3. Identify Key Levels & Input them into the script settings:
Manual Call Wall Strike: Find the Highest Red Bar on the OI chart. This is the strike price with the most Call options, acting as massive institutional resistance.
Manual Put Wall Strike: Find the Highest Green Bar on the OI chart. This is the strike price with the most Put options, acting as a solid price floor (support).
Manual Max Pain Level: Locate the value labeled as Max Pain on the source website. This is the price where the most options would expire worthless for buyers.
Mode 2: Auto Probability Barriers (Statistical Mode)
If you don't want to manually input data, the Auto Mode calculates theoretical barriers based purely on math and volatility, providing highly probable, yet slightly less precise, support/resistance levels.
✅ How to use the Auto Mode:
Enable the Enable Auto Probability Mode checkbox in the indicator settings.
The script will automatically set the Call/Put Walls at the 2-Standard Deviation (95% probability) range.
You still need to update the Implied Volatility (IV) % and Days Until Expiration to ensure the calculations are accurate for today's market conditions.
Pradip's MACD Divergence ProThis is where the "magic" happens, Pradip. MACD Divergence is one of the most powerful concepts because it acts like an early-warning system. It tells you when the market is "lying"—when the price is moving up or down, but the energy (momentum) behind it is dying.
GRA/Rei BRIA Simple [ReiConcept]BRIA SIMPLE - 22 Indicators Buy/Sell Signals
Get clear BUY and SELL signals based on the consensus of 22 technical indicators!
WHAT DOES IT DO?
BRIA Simple analyzes 22 indicators simultaneously and generates signals when a strong majority agrees on the direction.
22 INDICATORS IN 4 CATEGORIES:
MOVING AVERAGES (9): SMA, EMA (Short/Medium/Long), DEMA, TEMA, VIDYA
MOMENTUM (5): ROC, Momentum, TRIX, Price Oscillator, KST
OSCILLATORS (4): RSI, Stochastic, SMI, MACD
TREND (4): Parabolic SAR, DMI/ADX, Aroon, Elder Ray
HOW IT WORKS?
- BUY signal when 75%+ indicators are bullish
- SELL signal when 75%+ indicators are bearish
- Adjustable threshold (50-95%)
- Anti-repainting: signals confirmed at candle close only
FEATURES
- Clean BUY/SELL labels on chart
- EMA fill showing trend direction (cyan = bull, pink = bear)
- Bar coloring based on dominant direction
- Score table showing current consensus
- Built-in alerts for signals
SETTINGS
- Score Threshold: minimum % of indicators required (default 75%)
- EMA Fast/Slow: for trend visualization
- Show/Hide table and EMA fill
ANTI-REPAINTING
All signals are confirmed at candle close only. No repainting, no false signals during live candles.
This is a FREE simplified version. For advanced features like trailing stop, TP/SL management, and backtesting, check out BRIA Multi-Score Premium.
More tools: reiconcept.fr
MTF EMA + MACD Single Signal Line (Enhanced)zerodha intraday trading strategy with 3 inbuilt indicators like ema, macd. 25 ema in 1 hour timeframe and 25 ema in 5 min timeframe and 15 min macd for better direction forecast
Option Levels PlottingThis script plots the levels for options of single legs and 4 vertical spreads.






















