💎 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"...
Herewith publishing the script (not the Indicator!) for the benift of Option Traders. I call this a script as this doesn't perform any kind of analysis of candle data and provide general BUY | SELL information. This Script is based on the TRUE VALUES concept which is nothing but LTP. Idea Behind this Script: As an option seller i need the lower risk option...
Indicator vs Toolkit: This is definitely not an indicator, hence this doesn't do any kind of analysis nor provide meaningful outputs where you can take trading decisions out of it. This is a Strategy Builder Toolkit which works like any other broker/3P applications, which helps traders to build their own custom/ predefined strategies, save / deploy them at...
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...
Variety Distribution Probability Cone forecasts price within a range of confidence using Geometric Brownian Motion (GBM) calculated using selected probability distribution, volatility, and drift. Below is detailed explanation of the inner workings of the indicator and the math involved. While normally this indicator would be used by options traders, this can...
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...
What is our indicator? Theft Indicator - Buy/Sell Options Trading Signals is our third published script that shows price action on a certain period of time (We Use ATR indicator). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a condition in our algo...
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.