Future Call Bear Spread indicatorFuture Call bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
스크립트에서 "entry"에 대해 찾기
Future Call bull spread indicatorFuture Call bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Put option buy or sell indicatorFuture Put option indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Buy or sell (the strategy)
-The option price bought: at what price did you bought/sold one option.
-Instrument price when bought: the stock price when you bought/sold the option.
-Strike price: the strike price of the option.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-Risk to reward: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (3).
Example: If an option was bought, -0.95 means, 95% of the option value is lost (unrealized). If an option was bought, 3 means, the risk to reward is 3.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Future Call option buy or sell indicatorFuture Call option indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
The indicator shows P&L lines of the options strategy. Use only for futures since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Buy or sell (the strategy)
-The option price bought: at what price did you bought/sold one option.
-Instrument price when bought: the stock price when you bought/sold the option.
-Strike price: the strike price of the option.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-Risk to reward: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (3).
Example: If an option was bought, -0.95 means, 95% of the option value is lost (unrealized). If an option was bought, 3 means, the risk to reward is 3.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put ratio spread Debit indicatorPut ratio spread debit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Debit paid: The debit paid for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of puts . This number has to be less than the number of puts that were sold.
- Lower Strike number of puts . This number has to be greater than the number of puts that were bought.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put ratio spread Credit indicatorPut ratio spread credit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Credit received: The credit received for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of puts . This number has to be less than the number of puts that were sold.
- Lower Strike number of puts . This number has to be greater than the number of puts that were bought.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call ratio spread debit indicatorCall ratio spread debit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Debit paid: The debit paid for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of calls . This number has to be greater than the number of calls that were bought.
- Lower Strike number of calls . This number has to be less than the number of calls that were sold.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call ratio spread Credit indicatorCall ratio spread credit indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Credit received: The credit received for one unit of options strategy. Minimum value: 0. 01 .
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
- Upper Strike numbers of calls . This number has to be greater than the number of calls that were bought.
- Lower Strike number of calls . This number has to be less than the number of calls that were sold.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put Bull Spread indicatorPut bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Put spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put Bear Spread indicatorPut bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Put spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Iron Condor / butterfly buy or sell indicatorIron Condor / butterfly indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Buy or sell (the strategy)
- Iron Condor price bought/sold: enter the price that you bought/sold one options strategy.
-Instrument price when bought/sold: the stock price when you bought/sold the options strategy.
-Upper strike price Top: the top upper strike price of the options strategy.
-Lower strike price Top: the top lower strike price of the options strategy.
-Upper strike price Bottom: the bottom upper strike price of the options strategy.
-Lower strike price Bottom: the bottom lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: If the strategy was bought, -0.95 means, 95% of the options strategy maximum loss is reached. : If the strategy was bought, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Straddle / strangle buy or sell indicatorStraddle / strangle buy or sell indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Buy or sell (the strategy)
- Straddle/strangle price bought/sold: enter the price that you bought/sold one options strategy.
-Instrument price when bought/sold: the stock price when you bought/sold the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-Risk to reward: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (3).
Example: If the strategy was bought, -0.95 means, 95% of the options strategy value is lost (unrealized). If the strategy was bought, 3 means, the risk to reward is 3.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call Bear Spread indicatorCall bear spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a CREDIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Credit): The credit received for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call bull spread indicatorCall bull spread indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
This spread is a DEBIT SPREAD.
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
- Call spread price (Debit): The debit paid for one unit of options strategy.
-Instrument price when entered spread: the stock price when you enter the options strategy.
-Upper strike price: the upper strike price of the options strategy.
-Lower strike price: the lower strike price of the options strategy.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-% of Max Profit/Loss: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (0.95).
Example: In this spread, -0.95 means, 95% of the options strategy maximum loss is reached and, 0.95 means, 95% of the options strategy maximum profit is reached.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Put option buy or sell indicatorPut option indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Buy or sell (the strategy)
-The option price bought: at what price did you bought/sold one option.
-Instrument price when bought: the stock price when you bought/sold the option.
-Strike price: the strike price of the option.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-Risk to reward: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (3).
Example: If an option was bought, -0.95 means, 95% of the option value is lost (unrealized). If an option was bought, 3 means, the risk to reward is 3.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Call option buy or sell indicatorCall option indicator developed by Chobotaru Brothers.
You need to have basic knowledge in option trading to use this indicator!
The indicator shows P&L lines of the options strategy. Use only for stocks since the mathematical model of options for Future instruments is different from stocks. Plus, the days' representation in futures is also different from stocks (stocks have fewer days than futures ).
***Each strategy in options is based on different mathematical equations, use this indicator only for the strategy in the headline.***
What does the indicator do?
The indicator is based on the Black-Scholes model, which uses partial differential equations to determine the option pricing. Due to options non-linear behavior, it is hard to visualize the option price. The indicator calculates the solutions of the Black-Scholes equation and plots them on the chart so traders can view how the option pricing will behave.
How the indicator does it?
The indicator uses five values (four dominants and one less dominant) to solve the Black-Scholes equation. The values are stock price, the strike price of the option, time to expiration, risk-free interest rate, and implied volatility .
How the indicator help the users?
-View the risks and rewards so you can know the profit targets in advance which means you can compare different options in different strikes.
-View the volatility change impact so you can know the risk and the P&L changes in case of a change in the volatility over the life of the option before you enter the trade.
-View the passage of time impact so you can know where and when you could realize a profit.
-Multi-timeframes so you can stay on the same chart (Daily and below).
All these features are to help the user improve his analysis while trading options.
How to use it?
The user needs to obtain from the “option chain” the following inputs:
-Buy or sell (the strategy)
-The option price bought: at what price did you bought/sold one option.
-Instrument price when bought: the stock price when you bought/sold the option.
-Strike price: the strike price of the option.
-Interest rate: find the risk-free interest rate from the U.S. DEPARTMENT OF THE TREASURY. Example: for 2% interest rate, input: 0.02.
-Days to expire: how many days until the option expires.
-Volatility: the implied volatility of the option bought/sold. Example: for 45% implied volatility , input: 0.45.
-Day of entry: A calendar day of the month that the option bought/sold.
-Month of entry: Calendar month the option bought/sold.
-Year of entry: Calendar year the option bought/sold.
-Risk to reward: Profit/loss line defined by the user. Minimum input (-0.95) ; maximum input (3).
Example: If an option was bought, -0.95 means, 95% of the option value is lost (unrealized). If an option was bought, 3 means, the risk to reward is 3.
After entering all the inputs, press Ok and you should see “Calculation Complete” on the chart.
The user should not change the entry date and days to expire inputs as time passes after he entered the trade.
How to access the indicator?
Use the link below to obtain access to the indicator
Gann Volume Swing (GVS)## **Gann Volume Swing (GVS) Indicator**
*Professional Hybrid Volume-Gann Reversal Detector*
### **Core Concept & Purpose**
The Gann Volume Swing (GVS) indicator is a sophisticated trading tool designed to identify high-probability reversal points by integrating three key market dimensions: **volume dynamics**, **geometric price levels**, and **momentum confirmation**. Developed for serious technical traders, GVS addresses the common challenge of distinguishing meaningful breakouts/reversals from temporary noise.
The indicator operates on the principle that **significant volume expansions** at **precise geometric support/resistance levels** (derived from Gann theory) often precede substantial price movements. By combining these elements with traditional momentum filters (RSI, MACD), GVS provides a multi-factor approach to market timing.
### **Theoretical Foundation**
The methodology synthesizes:
1. **Wyckoff's Volume-Price Relationship**: Volume precedes and confirms price action
2. **Gann's Geometric Trading**: Price moves in predictable angular patterns from swing points
3. **Modern Momentum Filters**: Additional confirmation from established oscillators
This creates a robust framework that respects both classical technical analysis and contemporary trading psychology.
---
## **TECHNICAL ARCHITECTURE**
### **1. Volume Engine Module**
```
Inputs:
• Volume MA Period (20): Smoothing window for volume baseline
• Volume Multiplier (2.0): Threshold for "abnormal" volume detection
Calculation Logic:
Current Volume > AND
Current Volume >
Output: Boolean flag signaling institutional-grade participation
```
### **2. Gann Geometry Module**
```
Pivot Detection:
• Swing Highs: PivotHigh(25,25) - Identifies significant peaks
• Swing Lows: PivotLow(25,25) - Identifies significant troughs
Line Generation:
• 1x1 Lines: Base angular lines from pivots (45-degree equivalents)
• 2x1 Lines: Secondary steeper/flatter lines (dynamic angles)
Key Parameter:
• Gann Sensitivity (0.5): Controls line steepness (0.1=flat, 1.0=steep)
```
### **3. Signal Generation Logic**
```
Long Signal =
+ + + +
Short Signal =
+ + + +
Anti-Whipsaw Protection:
• 5-bar cooldown between same-direction signals
• Proximity threshold: 0.5×ATR from Gann lines
```
### **4. Visualization System**
```
Primary Elements:
• Real-time Gann lines (4 colors, 2 styles)
• Signal markers (▲/▼ triangles)
• Bar coloring (lime/red highlights)
Display Control:
• Toggle Gann lines on/off
• Adjust transparency levels
• Custom alert configurations
```
---
## **QUICK REFERENCE CARD**
**GANN VOLUME SWING (GVS)**
*Volume-Powered Geometric Reversal Indicator*
### **🔧 PARAMETER SETTINGS**
**VOLUME GROUP**
`Volume MA Period`: 20 (14-30 range)
`Volume Multiplier`: 2.0 (1.5-2.5 optimal)
**GANN GROUP**
`Swing Period`: 50 bars (pivot sensitivity)
`Gann Sensitivity`: 0.3-0.5 (adjust for market type)
**FILTERS GROUP**
`RSI Period`: 14 (standard)
`Use Filters`: ON (recommended)
**DISPLAY GROUP**
`Show Gann Levels`: ON
`Cooldown Bars`: 5 (prevents signal flooding)
### **🎯 SIGNAL INTERPRETATION**
**LONG SETUP (Green ▲)**
- Volume spike (2× average) + Price at Gann support + Bullish candle
- Entry: Close of signal bar
- SL: 1.5×ATR below support line
- TP: Next Gann resistance or 2:1 R/R
**SHORT SETUP (Red ▼)**
- Volume spike + Price at Gann resistance + Bearish candle
- Entry: Close of signal bar
- SL: 1.5×ATR above resistance line
- TP: Next Gann support or 2:1 R/R
### **📊 VISUAL ELEMENTS KEY**
**LINES**
- `Solid Green`: 1x1 Support (primary)
- `Solid Red`: 1x1 Resistance (primary)
- `Blue Dots`: 2x1 Support (secondary)
- `Orange Dots`: 2x1 Resistance (secondary)
**MARKERS**
- `▲ Below Bar`: Long signal
- `▼ Above Bar`: Short signal
- `Bar Coloring`: Confirmation highlight
### **⚙️ OPTIMIZATION GUIDE**
**TRENDING MARKETS**
- Sensitivity: 0.2-0.3 (shallower angles)
- Volume Multiplier: 1.8-2.0
- Filters: Strict (RSI 65/35)
**RANGING MARKETS**
- Sensitivity: 0.6-0.8 (steeper angles)
- Volume Multiplier: 2.2-2.5
- Filters: Moderate (RSI 70/30)
**HIGH VOLATILITY**
- Increase ATR multiplier to 0.7-1.0
- Extend cooldown to 7-10 bars
- Require stronger volume confirmation
### **🚫 LIMITATIONS & NOTES**
**KNOWN CONSTRAINTS**
- Less effective in extremely choppy markets
- Requires adequate historical data (200+ bars)
- Volume reliability varies by asset class
- Gann lines repaint as new pivots form
**BEST PRACTICES**
- Combine with higher timeframe trend analysis
- Use on 1H+ charts for reliability
- Wait for close confirmation before acting
- Track win rate by market condition
**ALERT CONFIGURATION**
- Enable both Long/Short alerts
- Set to "Once Per Bar Close"
- Include ATR distance in alert message
- Log all signals for performance review
---
## **TRADING SYSTEM INTEGRATION**
### **Recommended Confluence Factors**
1. **Trend Alignment** (Higher timeframe direction)
2. **Market Structure** (Support/Resistance clusters)
3. **Economic Context** (News event proximity)
4. **Session Timing** (High-volume trading hours)
### **Risk Management Protocol**
- Maximum risk: 1% per trade
- Correlation limit: 2 simultaneous GVS signals
- Daily loss cap: 3% of portfolio
- Weekly review of signal accuracy
### **Performance Metrics to Track**
- Signal-to-Noise ratio (profitable signals/total)
- Average Reward/Risk achieved
- Best/worst market conditions
- Optimal parameter sets per asset
---
## **SUMMARY**
The **Gann Volume Swing** indicator represents a sophisticated approach to technical analysis, blending time-tested principles with modern computational techniques. By focusing on the confluence of **unusual volume**, **geometric price levels**, and **momentum confirmation**, it provides traders with a structured framework for identifying high-quality setups.
**Ideal User Profile**: Intermediate to advanced traders comfortable with multi-factor analysis, geometric concepts, and disciplined risk management.
**Disclaimer**: This tool generates probabilities, not certainties. Always combine with comprehensive market analysis and strict risk control measures.
---
**Version**: 5.0
**Category**: Volume + Geometric Analysis
**Complexity**: Advanced
**Best Timeframe**: 1H - Daily
**Recommended Assets**: Liquid stocks, major Forex pairs, indices
Liquidity Sentiment Profile | LUPENIndicator Guide: Liquidity Sentiment Profile (LSP).
What is the LSP?
The Liquidity Sentiment Profile (LSP) is a "Next-Generation" oscillator designed to look beyond simple price action. While standard indicators (like RSI or MACD) primarily focus on where a candle closes, the LSP analyzes the micro-structure of the entire candle—specifically the relationship between the candle's Body, its Wicks (Shadows), and the Volume.
The Core Philosophy:
Wicks tell the truth: A long lower wick indicates that sellers pushed the price down, but buyers aggressively absorbed that liquidity and pushed it back up.
That is hidden bullish strength.
Volume validates intent: A price move with low volume is noise. A price move (or wick rejection) with high volume is a commitment by institutional players.
The LSP calculates a "Sentiment Score" between -100 and +100 based on these factors.
How to Read the Visuals
The Colors (Intensity)
color: Light Green - Bullish Acceleration. Buyers are in control, and momentum is increasing. This is the ideal time to be in a Long trade.
color: Dark Green - Bullish Deceleration. Buyers are still in control (price is likely rising), but the momentum is fading. This is a warning sign to tighten stop-losses or take profits.
color: Light Red - Bearish Acceleration. Sellers are dominating, and panic is increasing. This is the ideal time to be Short.
color: Dark Red - Bearish Deceleration. Sellers are still in control, but the downward pressure is exhausted. Be careful with new short positions.
The Lines & Fills
The Main Line: The actual LSP sentiment value.
The Yellow Signal Line: A smoothed average of the sentiment.
The Core Fill: The colored area between the Main Line and the Signal Line. When this area "glows", the trend is strong. When it dims (Dark), the trend is weak. Bearish Deceleration. Sellers are still in control, but the downward pressure is exhausted. Be careful with new short positions.
The Lines & Fills
The Main Line: The actual LSP sentiment value.
The Yellow Signal Line: A smoothed average of the sentiment.
The Core Fill: The colored area between the Main Line and the Signal Line. When this area "glows" (Neon), the trend is strong. When it dims (Dark), the trend is weak.
How to Use It (Trading Strategies)
Strategy A: The "Power Cross" (Trend Entry)
Use this for entering trends when the market wakes up.
Long Entry: Wait for the LSP line to cross ABOVE the Yellow Signal Line.
Confirmation: The fill color must turn Neon Green.
Short Entry: Wait for the LSP line to cross BELOW the Yellow Signal Line.
Confirmation: The fill color must turn Neon Red.
Strategy B: The "Absorption" Play (Reversals)
This is where the LSP shines. It detects when liquidity is being absorbed before price turns.
Bullish Absorption: The Price makes a Lower Low, but the LSP makes a Higher Low. This happens because the LSP detects the Volume on the Lower Wicks (buyers absorbing selling pressure). This is a high-probability reversal signal.
Bearish Absorption: The Price makes a Higher High, but the LSP makes a Lower High. The volume on the Upper Wicks suggests sellers are absorbing the buy orders.
Strategy C: The "Dimming" Exit (Risk Management)
Don't wait for the price to crash to exit a trade.
If you are in a Long trade (Neon Green) and the color instantly shifts to Dark Green, it means the "fuel" is running out. Consider taking partial profits or moving your Stop Loss to break even.
Standard oscillators (like RSI) often give false signals during strong trends (showing "Overbought" while price keeps going up). The LSP avoids this because it weights Volume and Wicks. If price goes up and volume increases, the LSP stays Neon Green, telling you the move is genuine, not just overextended.
The Golden Reaper 🟡 THE GOLDEN REAPER
HTF OTE + EMA50 — Futures Scalping Framework
The Golden Reaper is a high-timeframe execution framework designed specifically for futures scalpers who trade with precision, patience, and structure.
This indicator focuses on HTF market structure, Optimal Trade Entry (OTE) zones, and equilibrium (50%) reclaim confirmation to identify high-probability execution areas for fast, controlled scalps.
It is not a signal spam tool.
It is a framework built for disciplined traders who wait for price to come to them.
⸻
🔑 Designed For
✔ Futures markets (ES, NQ, MNQ, MES, GC, MGC, CL, etc.)
✔ Scalpers & intraday traders
✔ 1H structure → 5m / 1m execution
✔ Traders who prefer few high-quality setups
⸻
🧠 Core Logic (How It Works)
1️⃣ High-Timeframe Structure (HTF)
The indicator identifies the most recent HTF swing high and low to define the active trading leg.
2️⃣ OTE Zone (Premium / Discount)
Price is expected to react within the OTE zone where liquidity is commonly targeted.
3️⃣ Golden Entry (EQ 50%)
The 50% equilibrium level is marked as the Golden Entry.
Price must reclaim this level for a setup to become valid.
4️⃣ Golden Execution Zone
After reclaim, a golden execution zone appears to define where entries are allowed.
5️⃣ EMA 50 Trend Filter
Trades are taken only in the direction of the HTF EMA 50 to avoid counter-trend scalps.
⸻
⚡ How Futures Scalpers Use It
Recommended Timeframes
• HTF Structure: 1 Hour
• Execution: 5 Minute / 1 Minute
Process
• Wait for price to reach the OTE zone
• Allow the setup to arm
• Enter only after price reclaims the Golden Entry
• Execute within the Golden Execution Zone
• Manage stops and targets manually
This approach helps scalpers:
✔ Avoid chasing price
✔ Reduce over-trading
✔ Improve entry precision
✔ Maintain consistency
⸻
🔔 Alerts Included
• OTE Touched – Setup is armed
• C-Reclaim Confirmed – Entry condition met
(Alerts are designed to assist — not replace — trader judgment.)
⸻
⚠️ Important Notes
• Designed for futures markets only
• Best used with price action confirmation
• No built-in stop loss or take profit (manual risk management required)
• Not financial advice
⸻
🧬 Who This Indicator Is For
✔ Futures scalpers
✔ ICT / Smart Money traders
✔ Structure-based traders
✔ Traders who value patience over frequency
❌ Not for:
• Signal chasers
• Indicator stacking
• Automated trading
• Beginners who want instant entries
⸻
🟡 Created By
ChartReaper / Tactiko
Instagram:
@officialchartreaper
@tactiko
Star V12⭐ Star Engine — Multi-Component, Multi-Timeframe Trade Execution System
The Star Engine is a stateful trade execution and analytics system designed to transform indicator confluence into structured, measurable trade runs. Rather than producing isolated buy/sell signals, the engine decomposes market behavior into pressure, confirmation, event grouping, and trade lifecycle management. Each component plays a specific role, and no single component is sufficient on its own. Below is a detailed breakdown of each subsystem and why it exists.
💣 Bomb Engine — Directional Pressure Measurement
The Bomb Engine is responsible for identifying directional pressure in the market. It evaluates whether price action exhibits sustained momentum in one direction, independent of whether that direction is immediately tradable.
What Bomb Uses
Bomb aggregates momentum- and trend-oriented inputs such as MACD-based momentum direction, momentum persistence and continuation logic, directional bias filters, and impulse strength evaluation. All inputs are evaluated across multiple timeframes, with each timeframe contributing independently.
How Bomb Works
Each timeframe produces a directional contribution (bullish, bearish, or neutral). Contributions are aggregated into a net Bomb total. The total is mapped into discrete tone buckets (blue, green, red, black, etc.). Higher totals indicate stronger directional dominance.
What Bomb Tells You
Bomb answers one question: Is there directional pressure building or persisting? It does not determine entry timing, exhaustion, or trade quality. Bomb is context, not execution. This allows Bomb to be early without being responsible for precision.
✨ Golden Engine — Structural Confirmation & Regime Filtering
The Golden Engine evaluates whether the directional pressure detected by Bomb is structurally supported. Golden exists to prevent entries during momentum exhaustion, conflicting timeframe regimes, and counter-structure moves.
What Golden Uses
Golden relies on a different indicator stack than Bomb, focused on confirmation and balance, including RSI regime classification (not simple overbought/oversold), momentum agreement vs divergence, trend-following vs counter-trend positioning, overextension detection, and compression and rotational behavior. Each timeframe is evaluated independently using the same logic.
The Role of RSI in Golden
RSI in Golden is used to identify regimes, not signals. It answers questions such as: Is momentum expanding or decaying? Is the move early, mid-structure, or extended? Do multiple timeframes share compatible RSI states? If RSI regimes conflict across timeframes, Golden will not confirm. This is one of the main mechanisms that makes Golden selective.
Momentum & Alignment Logic
Golden evaluates whether momentum supports continuation, is fragmenting, is diverging from price, or is contradicting higher-timeframe structure. If lower-timeframe impulses are not supported by higher-timeframe structure, Golden suppresses confirmation — even if Bomb remains strong.
What Golden Guarantees
Golden does not guarantee profitable trades. Golden guarantees that the detected directional pressure is not internally contradictory across RSI regimes, momentum behavior, and timeframe structure. This replaces vague terms like “clean” with explicit structural conditions.
🔗 Multi-Timeframe Aggregation (MTF)
Both Bomb and Golden operate on a multi-timeframe voting system. Lower timeframes capture early impulses, higher timeframes enforce structural context, each timeframe votes independently, conflicts weaken totals, and alignment strengthens totals. This creates temporal confluence, not just price-based confluence.
⭐ Star Events — Qualified Market Impulses
A Star (⭐) is created only when Bomb is active, Golden is active, both agree on direction, and all gating rules pass (thresholds, time filters, modes). A Star represents a qualified impulse, not a trade. Stars are atomic events used by the execution layer.
⏱ Star Clusters — Trade Run State
The Star Cluster groups Stars into runs. The first Star starts a cluster, anchor price, bar, and time are recorded, each additional Star increments the cluster count, and all Stars belong to the same run until exit. This prevents duplicate entries, signal spam, and overtrading in volatile conditions.
⛔ Reset Gap Logic — Temporal Control
To prevent rapid re-entry, a minimum time gap is required to start a new run. Stars occurring too close together are merged. Reset does not terminate active runs. This enforces time-based discipline, not indicator-based guessing.
1➡️ Entry Logic — Confirmation-Based Execution
The engine never enters on the first Star. Instead, the user defines 🔢 N (Entry Star Index). Entry occurs only on the Nth Star, and that bar is marked 1➡️🔢N. This ensures entries occur after persistence, not detection. At ENTRY, Best = 0.00 and Worst = 0.00. Statistics measure real trade performance, not early signal noise.
📊 STAT Engine — Live Trade Measurement
Once entry is active, the STAT engine tracks ⏱ run progression, 🏅 maximum favorable excursion, and 📉 maximum adverse excursion. Mechanics: uses highs and lows, not closes; updates every bar; entry bar resets stats; historical bars marked 🎨. This creates an objective performance envelope for every trade.
🛑 Exit Engine — Deterministic Outcomes
Trades are exited using explicit rules: 🏅 WIN → profit threshold reached, 📉 LOSE → risk threshold breached, ⏱ QUIT → structural or safety exit.
Safety Exits
🐢 Idle Stop — no Stars for N bars.
🧯 Freeze Failsafe — STAT inactivity.
QUIT is a controlled termination, not failure. Each exit is recorded with a short cause tag.
🧾 Trade Memory & Journaling
Every trade produces immutable records. Entry: time, price, side, confirmation index. Exit: time, price, PnL, result, cause. These records power tables, alerts, JSON output, and external automation.
📊 Time-Block Performance (NY Clock)
Performance is grouped by real time, not bar count. Rolling NY blocks (e.g. 3 hours). Independent statistics per block. Live trades persist across block boundaries. This enables session-based analysis.
🔔 Alerts & Automation
Alerts are state-based: Entry confirmed → Long / Short alert. Trade closed → Exit alert. Optional JSON output allows integration with bots, journals, and dashboards.
Summary
The Star Engine is a component-based trade execution system, where Bomb measures pressure, Golden validates structure, Stars qualify impulses, clusters define runs, entry is delayed by confirmation, stats measure reality, exits are deterministic, and results are time-aware. It is not designed to “predict the market”, but to control how trades are formed, managed, and evaluated.
Momentum by Trading BiZonesSqueeze Momentum Indicator with EMA
Overview
The Squeeze Momentum Indicator with EMA is a powerful technical analysis tool that combines the original Squeeze Momentum concept with an Exponential Moving Average (EMA) overlay. This enhanced version helps traders identify market momentum, volatility contractions (squeezes), and potential trend reversals with greater precision.
Core Concept
The indicator operates on the principle of volatility contraction and expansion:
Squeeze Phase: When Bollinger Bands move inside the Keltner Channel, indicating low volatility and potential energy buildup
Expansion Phase: When momentum breaks out of the squeeze, signaling potential directional moves
Key Components
1. Squeeze Momentum Calculation
Formula: Momentum = Linear Regression(Close - Average Price)
Where Average Price = (Highest High + Lowest Low + SMA(Close)) / 3
Visualization: Histogram bars showing positive (green) and negative (red) momentum
Zero Line: Represents equilibrium point between buyers and sellers
2. EMA Overlay
Purpose: Smooths momentum values to identify underlying trends
Customization:
Adjustable period (default: 20)
Toggle on/off display
Customizable color and line thickness
Cross Signals: Buy/sell signals when momentum crosses above/below EMA
3. Volatility Bands
Bollinger Bands (20-period, 2 standard deviations)
Keltner Channels (20-period, 1.5 ATR multiplier)
Squeeze Detection: Visual background shading when BB are inside KC
Trading Signals
Buy Signals (Green Upward Triangle)
Momentum histogram crosses ABOVE EMA line
Occurs during or after squeeze release
Confirmed by expanding histogram bars
Sell Signals (Red Downward Triangle)
Momentum histogram crosses BELOW EMA line
Often precedes market downturns
Watch for increasing negative momentum
Squeeze Warnings (Gray Background)
Market in low volatility state
Prepare for potential breakout
Direction indicated by momentum bias
Indicator Settings
Main Parameters
Length: Period for calculations (default: 20)
Show EMA: Toggle EMA visibility
EMA Period: Smoothing period for EMA
Visual Settings
Histogram color-coding based on momentum direction
EMA line color and thickness
Signal marker size and visibility
Squeeze zone background display
Practical Applications
Trend Identification
Uptrend: Consistently positive momentum with EMA support
Downtrend: Consistently negative momentum with EMA resistance
Range-bound: Oscillating around zero line
Entry/Exit Points
Conservative Entry: Wait for squeeze release + EMA crossover
Aggressive Entry: Anticipate breakout during squeeze
Exit: Opposite crossover or momentum divergence
Risk Management
Use squeeze zones as warning periods
EMA crossovers as confirmation signals
Combine with support/resistance levels
Advanced Interpretation
Momentum Strength
Strong Bullish: Tall green bars above EMA
Weak Bullish: Short green bars near EMA
Strong Bearish: Tall red bars below EMA
Weak Bearish: Short red bars near EMA
Divergence Detection
Price makes higher high, momentum makes lower high → Bearish divergence
Price makes lower low, momentum makes higher low → Bullish divergence
Squeeze Characteristics
Long squeezes: More potential energy
Frequent squeezes: Choppy market conditions
No squeezes: High volatility, trending markets
Recommended Timeframes
Scalping: 1-15 minute charts
Day Trading: 15-minute to 4-hour charts
Swing Trading: 4-hour to daily charts
Position Trading: Daily to weekly charts
Best Practices
Confirmation
Use with volume indicators
Check higher timeframe direction
Wait for candle close confirmation
Filtering Signals
Ignore signals during extreme volatility
Require minimum bar size for crossovers
Consider market context (news, sessions)
Combination Suggestions
With RSI: Confirm overbought/oversold conditions
With Volume Profile: Identify high-volume nodes
With Support/Resistance: Key level reactions
With Trend Lines: Breakout confirmations
Limitations
Lagging indicator (based on past data)
Works best in trending markets
May give false signals in ranging markets
Requires proper risk management
Conclusion
The Squeeze Momentum Indicator with EMA provides a comprehensive view of market dynamics by combining volatility analysis, momentum measurement, and trend smoothing. Its visual clarity and customizable parameters make it suitable for traders of all experience levels seeking to identify high-probability trading opportunities during volatility contractions and expansions.
CE Crypto Dow Theory – BTC & ETH # Professional User Guide: Crypto Dow Theory Indicator
## Crypto Exponentials Technical Analysis Suite
---
## 📋 Introduction
Welcome to the Crypto Dow Theory indicator—a professional-grade technical analysis tool designed for sophisticated cryptocurrency market participants. This comprehensive guide will enable you to leverage the full capabilities of the indicator for informed trading decisions.
**Prerequisites**: Basic understanding of technical analysis and Dow Theory principles recommended but not required.
---
## 🚀 Initial Setup Protocol
### Step 1: Adding the Indicator
1. Navigate to **Indicators** menu at the top of your TradingView chart
2. Search for **"Crypto Dow Theory – BTC & ETH"** in your invited/private scripts
3. Click to apply the indicator to your active chart
4. The indicator will overlay directly on the price chart
### Step 2: Optimal Configuration
Access settings via the **gear icon (⚙️)** next to the indicator name:
#### Essential Parameters
**Dow Theory Settings**
- **Min % Move (Pullback Threshold)**: 5.0% (default)
*Recommendation*: 5-7% for standard volatility, 8-10% for high volatility periods
- **Min Days for Secondary Reaction**: 8 days (default)
*Note*: This parameter is currently informational; future versions may incorporate duration filtering
- **Timeframe**: D (Daily) - *Primary recommendation for reliable signals*
**Symbol Configuration**
- **Bitcoin Symbol**: BTCUSD (default)
*Alternatives*: COINBASE:BTCUSD, BINANCE:BTCUSDT, BITSTAMP:BTCUSD
- **Ethereum Symbol**: ETHUSD (default)
*Alternatives*: COINBASE:ETHUSD, BINANCE:ETHUSDT, BITSTAMP:ETHUSD
#### Visual Options (Customizable Display)
**Recommended Professional Setup**:
- ✅ **Show Divergence Alerts**: ON (critical signals)
- ☐ **Show Support/Resistance Lines**: OFF (toggle on for level analysis)
- ☐ **Show Trend Change Arrows**: OFF (toggle on for entry/exit timing)
- ☐ **Show BTC/ETH Price Lines**: OFF (redundant with price chart)
- ✅ **Show Pullback Triangles**: ON (continuous market state monitoring)
- ✅ **Show Info Label**: ON (real-time pullback metrics)
- ☐ **Show Help Panel**: OFF (reference available in this documentation)
#### Alert Configuration
**Alert Threshold Settings**
- **Alert on Pullback Greater Than**: 10.0% (default for significant moves)
*Adjust based on your risk tolerance and trading style*
---
## 📊 Signal Interpretation Framework
### Primary Status Indicator (Top Label)
Located at the top-right of your chart, this label provides instant market condition assessment:
- **✓ BULLISH** → Both assets in confirmed uptrend
*Interpretation*: Favorable conditions for long positioning; primary trend intact
- **⚠️ BTC** → Bitcoin in pullback phase
*Interpretation*: Monitor Ethereum for confirmation; potential isolated correction
- **⚠️ ETH** → Ethereum in pullback phase
*Interpretation*: Monitor Bitcoin for confirmation; assess correlation strength
- **⚠️ BOTH PULLBACK** → Dual-asset correction in progress
*Interpretation*: Market-wide retracement; defensive positioning recommended
### Information Label (Bottom Display)
Positioned at the bottom-right, this label provides quantitative pullback metrics:
**Format Examples**:
- `BTC: 5.2% down | ETH: 3.1% down` → Both assets in measured pullback
- `BTC: Uptrend | ETH: Uptrend` → No corrections detected; trend strength
- `BTC: 8.7% down | ETH: Uptrend` → Single-asset pullback (divergence potential)
- **Additional Flag**: `DIVERGENCE!` → Correlation breakdown detected
### Visual Marker System
#### Continuous Indicators
**Pullback Triangles** (Small, persistent markers)
- 🟠 **Orange Triangles** → Bitcoin in secondary reaction (below candles)
- 🔵 **Blue Triangles** → Ethereum in secondary reaction (below candles)
- **Multiple Consecutive Triangles** → Extended pullback duration
*Professional Use*: Track pullback persistence; extended pullbacks (10+ triangles) often precede strong reversals
#### Event-Based Signals
**Trend Change Arrows** (Optional, toggle in settings)
- 🔴 **Red Arrow Down** → Pullback initiation detected
- 🟢 **Green Arrow Up** → Recovery confirmed; new high established
*Professional Use*: Entry/exit timing markers; green arrows indicate trend resumption
#### Critical Alert Signals
**Divergence Warning**
- ❌ **Red X (Cross)** → Bearish divergence identified
*Scenario*: One asset makes new high while other remains in pullback
*Action*: Exercise caution; consider profit-taking or tightening stops
**Bullish Confirmation**
- 💎 **Green Diamond** → Coordinated recovery signal
*Scenario*: Both assets exit pullbacks simultaneously
*Action*: High-probability long entry zone; strong market agreement
#### Background Visualization
**Red Background Tint**
- Light red overlay when **both assets in pullback**
- Provides at-a-glance market condition awareness
- Signals elevated risk environment
---
## 📈 Professional Trading Strategies
### Strategy 1: Conservative Trend Following
**Risk Profile**: Low | **Recommended For**: Risk-averse participants, capital preservation focus
**Execution Protocol**:
1. **Entry Criteria**: Status displays **"✓ BULLISH"**; both assets trending
2. **Position Management**: Maintain exposure during bullish status
3. **Exit Trigger**: Status changes to **"⚠️ BOTH PULLBACK"**; initiate defensive positioning
4. **Re-Entry Signal**: Green diamond (bullish confirmation) after correction
5. **Risk Management**: Stop-loss below recent swing low
**Expected Characteristics**: Lower frequency trades, higher win rate, reduced drawdowns
---
### Strategy 2: Pullback Accumulation
**Risk Profile**: Medium | **Recommended For**: Swing traders, value-oriented entries
**Execution Protocol**:
1. **Setup Identification**: Single-asset pullback (**"⚠️ BTC"** or **"⚠️ ETH"**)
2. **Entry Zone**: Pullback reaches 5-7% (monitor info label)
3. **Confirmation**: Other asset remains in uptrend (divergence absent)
4. **Stop-Loss Placement**: Below pullback low with 1-2% buffer
5. **Exit Strategy**: Green arrow (recovery) or status returns to bullish
**Expected Characteristics**: Higher frequency, requires active monitoring, medium holding period
---
### Strategy 3: Divergence-Based Risk Management
**Risk Profile**: Medium-High | **Recommended For**: Advanced practitioners, short-term traders
**Execution Protocol**:
1. **Alert Trigger**: Red X (bearish divergence) appears
2. **Assessment**: Verify one asset making new highs while other in pullback
3. **Initial Action**: Reduce position size by 30-50% or tighten trailing stops
4. **Monitoring**: Watch for dual-asset pullback confirmation
5. **Re-Entry**: Green diamond signal after both assets correct and recover
**Expected Characteristics**: Defensive positioning, capital preservation during uncertainty
---
### Strategy 4: Institutional Accumulation
**Risk Profile**: Low (Long-Term) | **Recommended For**: Portfolio managers, HODLers, DCA strategies
**Execution Protocol**:
1. **Trigger**: **"⚠️ BOTH PULLBACK"** status + red background
2. **Accumulation Method**: Scale into position as pullback deepens
- 25% position at 5% pullback
- 25% position at 7% pullback
- 50% position at 10%+ pullback
3. **Confirmation Wait**: Green diamond (coordinated recovery)
4. **Hold Strategy**: Maintain through subsequent minor pullbacks
**Expected Characteristics**: Low frequency, high conviction entries, long holding periods
---
## 🔔 Alert Configuration Best Practices
### Recommended Alert Setup
**Critical Alerts** (Enable immediately):
1. ✅ **"Both in Pullback"** → Market-wide correction notification
2. ✅ **"Bearish Divergence"** → Correlation breakdown warning
3. ✅ **"Bullish Confirmation"** → High-confidence entry signal
4. ✅ **"Deep Pullback Alert"** → Threshold: 10% for significant moves
**Optional Alerts** (Based on trading style):
5. ☐ **"BTC Recovery"** → May generate frequent notifications
6. ☐ **"ETH Recovery"** → May generate frequent notifications
### Alert Configuration Parameters
**TradingView Alert Settings**:
- **Trigger Frequency**: "Once Per Bar Close" (recommended to avoid intrabar noise)
- **Expiration**: "Open-ended" (continuous monitoring)
- **Notification Methods**:
- Mobile push notifications (time-sensitive signals)
- Email (detailed records)
- SMS (critical alerts only due to volume)
---
## ⚙️ Parameter Optimization by Trading Style
### Swing Traders (Recommended Primary Use Case)
**Profile**: Multi-day to multi-week holding periods
**Optimal Settings**:
- **Timeframe**: Daily (1D)
- **Min % Move**: 5-7%
- **Alert Threshold**: 8-10%
- **Check Frequency**: Once daily post-market close
- **Visual Options**: Divergence alerts + Info label (minimal clutter)
---
### Position Traders / Long-Term Investors
**Profile**: Weeks to months holding periods
**Optimal Settings**:
- **Timeframe**: Daily (1D) or Weekly (1W)
- **Min % Move**: 7-10%
- **Alert Threshold**: 12-15%
- **Check Frequency**: 2-3 times weekly
- **Visual Options**: Status label only (macro view)
---
### High-Volatility Environments
**Market Condition**: Elevated realized volatility, choppy price action
**Optimal Settings**:
- **Min % Move**: Increase to 8-10%
- **Alert Threshold**: 12-15%
- **Rationale**: Reduces noise and false signals during turbulent periods
---
### Low-Volatility Environments
**Market Condition**: Consolidation, narrow ranges, low realized volatility
**Optimal Settings**:
- **Min % Move**: Decrease to 3-5%
- **Alert Threshold**: 7-8%
- **Rationale**: Captures smaller structural movements during quiet periods
---
## 🔧 Advanced Configuration
### Custom Symbol Implementation
**Major Exchange Pairs**:
```
Bitcoin Options:
- COINBASE:BTCUSD (US-based, high liquidity)
- BINANCE:BTCUSDT (global volume leader)
- BITSTAMP:BTCUSD (established exchange)
Ethereum Options:
- COINBASE:ETHUSD (US-based, high liquidity)
- BINANCE:ETHUSDT (global volume leader)
- BITSTAMP:ETHUSD (established exchange)
```
**Alternative Cryptocurrency Pairs**:
While designed for BTC/ETH, experimental configurations possible:
- **Large Cap Altcoins**: SOLUSD + ADAUSD (sector analysis)
- **DeFi Leaders**: AVAXUSD + MATICUSD (ecosystem tracking)
⚠️ **Important**: Dow Theory principles work optimally with dominant market leaders (BTC/ETH). Alternative pairs may produce less reliable signals.
---
## 🛠️ Troubleshooting Guide
### Issue: Excessive Signal Generation
**Symptoms**: Constant triangle markers, frequent alerts
**Root Cause**: Threshold too sensitive for current volatility
**Solution**: Increase "Min % Move" to 7-10%
**Verification**: Observe reduction in signal frequency while maintaining major moves
---
### Issue: Missed Significant Moves
**Symptoms**: No triangles during visible corrections
**Root Cause**: Threshold too conservative
**Solution**: Decrease "Min % Move" to 3-5%
**Verification**: Triangles appear during moderate retracements
---
### Issue: Labels Obscured or Invisible
**Symptoms**: Cannot see status or info labels
**Diagnostic Checklist**:
- Zoom level: Zoom out to reveal off-screen labels
- Settings: Verify "Show Info Label" is enabled
- Overlap: Check for other indicators obscuring labels
- Position: Labels placed 3 bars left of current price to prevent cutoff
**Solution**: Adjust chart zoom or disable overlapping indicators
---
### Issue: Persistent Red Background
**Symptoms**: Continuous red tinting despite apparent uptrend
**Root Cause**: One or both assets technically in pullback per threshold
**Solution**: Verify pullback percentages in info label; increase threshold if false positive
**Note**: Red background requires BOTH assets in pullback simultaneously
---
### Issue: No Triangles Displayed
**Diagnostic Checklist**:
- Verify "Show Pullback Triangles" enabled in Visual Options
- Confirm market not in extended uptrend (no pullbacks detected)
- Check threshold isn't too high (increase sensitivity)
---
### Issue: Divergence Signals Absent
**Solution**: Enable "Show Divergence Alerts" in Visual Options
**Note**: Divergence signals relatively rare; indicate significant correlation breakdowns
---
## 💡 Professional Trading Insights
### 1. Volume Confluence Analysis
**Integration Strategy**:
- Overlay volume indicator below price chart
- **Pullback + Low Volume** → Healthy correction within uptrend (bullish)
- **Pullback + High Volume** → Potential distribution or reversal (bearish)
- **Recovery + High Volume** → Strong accumulation confirmation (bullish)
**Application**: Validate indicator signals with volume context for higher-confidence trades
---
### 2. Multi-Timeframe Validation
**Hierarchical Analysis**:
- **Weekly (1W)**: Primary trend direction (strategic bias)
- **Daily (1D)**: Indicator signals (tactical execution)
- **4-Hour (4H)**: Precise entry timing within daily signals
**Protocol**: Ensure daily signals align with weekly trend; use 4H for entry refinement
---
### 3. Risk Management Framework
**Position Sizing Guidelines**:
- **Maximum Risk**: 2% account equity per position
- **Stop-Loss Placement**: Below pullback low + 1-2% buffer
- **Position Scaling**:
- Initial entry: 50% intended size
- Add 25% on confirmation (green arrow)
- Final 25% on bullish confirmation (green diamond)
**Capital Preservation**:
- Reduce exposure 50% on "BOTH PULLBACK" status
- Tighten stops to breakeven on bearish divergence (red X)
- Scale out 30% of position at predetermined profit targets
---
### 4. Macro Context Integration
**External Factors to Monitor**:
- **Total Crypto Market Capitalization**: Validate broad market alignment
- **Bitcoin Dominance**: Rising = BTC outperformance; Falling = altcoin season
- **Macro Events**: FOMC meetings, regulatory announcements, geopolitical developments
- **On-Chain Metrics**: Network activity, exchange flows (advanced)
**Application**: Indicator signals most reliable when macro context supports directional bias
---
### 5. Correlation Dynamics
**Healthy Market Characteristics**:
- ✅ Strong positive correlation (BTC and ETH move together)
- ✅ Coordinated recoveries (green diamond frequent)
- ✅ Simultaneous pullbacks of similar magnitude
**Warning Signs**:
- ⚠️ Frequent divergences (red X signals)
- ⚠️ Opposite directional moves
- ⚠️ One asset perpetually lagging
**Interpretation**: Strong correlation = stable bull market; Weak correlation = uncertainty, choppy conditions
---
## ✅ Best Practices Checklist
### DO:
- ✅ Primarily use daily timeframe for reliable signal generation
- ✅ Wait for confirmation signals (green diamond) before aggressive positioning
- ✅ Adjust threshold parameters based on prevailing volatility regime
- ✅ Configure alerts for critical signals (both pullback, divergence, confirmation)
- ✅ Combine indicator signals with volume analysis and macro context
- ✅ Maintain detailed trading journal to track signal accuracy and performance
- ✅ Backtest historical signals to understand indicator behavior in your market
- ✅ Scale position sizes proportionally to signal strength
### DO NOT:
- ❌ Apply to very short timeframes (<4H) where noise dominates signal
- ❌ Ignore "BOTH PULLBACK" warnings (market-wide risk elevation)
- ❌ Trade counter to primary trend without exceptional confirmation
- ❌ Rely exclusively on this indicator; use as part of comprehensive methodology
- ❌ Overtrade based on every minor signal; exercise discretion
- ❌ Neglect threshold adjustments during volatility regime changes
- ❌ Enter positions during bearish divergence without additional confirmation
- ❌ Exceed predetermined risk parameters based on signal enthusiasm
---
## 📚 Dow Theory Educational Context
### Core Principles Implemented
**1. Trend Persistence Doctrine**
*"The trend is assumed to continue until a definitive reversal signal occurs"*
**Implementation**: Indicator tracks absolute highest high for each asset, maintaining trend assumption until threshold breach (5%+ pullback)
---
**2. Significant Movement Threshold**
*"Minor fluctuations are noise; significant moves indicate structural change"*
**Implementation**: Configurable percentage threshold (default 5%) filters noise, identifying meaningful secondary reactions
---
**3. Confirmation Principle**
*"Market indices must confirm each other for signal validity"*
**Implementation**: Dual-asset tracking; highest confidence signals require BTC and ETH agreement (both bullish or both in pullback)
---
**4. Secondary Reactions Within Primary Trend**
*"Corrections within trends are natural and present opportunity"*
**Implementation**: Pullback detection maintains context of primary trend; triangles mark secondary reactions, not reversals
---
### Dow Theory Concepts Not Directly Implemented
**Volume Confirmation** (Dow's Three Phases)
- *Rationale*: Volume analysis requires separate indicator for comprehensive assessment
- *Recommendation*: Overlay volume indicator alongside this tool
**Three-Phase Market Cycle** (Accumulation-Distribution Framework)
- *Rationale*: Phase identification requires subjective analysis beyond pure price action
- *Recommendation*: Manual identification using indicator signals as supporting evidence
**Line Analysis** (Support/Resistance)
- *Rationale*: Optional in settings; trader discretion preferred for level identification
- *Recommendation*: Enable S/R lines when conducting detailed structural analysis
---
## 📞 Support Resources
### Technical Assistance
**For indicator-specific questions**:
- Platform: TradingView direct messaging
- Response Time: 24-48 hours
- Required Information:
- Chart screenshot
- Settings configuration
- Specific issue description
### Institutional Inquiries
**For enterprise deployment or custom development**:
- Website: (cryptoexponentials.com)
- Services: Custom indicator development, integration support, training
### Community Resources
**For general discussion and shared insights**:
- Test indicator on historical data before live trading
- Document edge cases and unusual behavior
- Share settings optimizations for specific market conditions
---
## 📝 Version Information
### Current Release: v1.0
**Feature Set**:
- Dual-asset (BTC/ETH) tracking with real-time synchronization
- Divergence detection and alert system
- Customizable pullback thresholds (volatility adaptation)
- Six distinct alert conditions
- Comprehensive visual framework with toggleable elements
- Professional interface optimized for minimal chart clutter
**Planned Enhancements** (Future Versions):
- Additional cryptocurrency pair support
- Volume-based signal confirmation
- Advanced divergence pattern library
- Custom alert message templates
- Historical signal performance metrics
- Multi-timeframe coordinated analysis
---
## 🎯 Closing Remarks
### Philosophy
The Crypto Dow Theory indicator is engineered as a **decision support tool**, not an autonomous trading system. Optimal results require:
1. **Comprehensive Market Understanding**: Technical signals within fundamental context
2. **Disciplined Risk Management**: Predetermined rules consistently applied
3. **Patient Signal Selection**: Quality over quantity; await high-probability setups
4. **Continuous Learning**: Document trades, analyze outcomes, refine approach
### Success Factors
**Highest-Probability Trades Exhibit**:
- ✅ Dual-asset confirmation (both agree on direction)
- ✅ Volume supporting the move (separate analysis)
- ✅ Alignment with weekly trend (higher timeframe confluence)
- ✅ Favorable risk/reward ratio (>2:1 minimum)
- ✅ Supportive macro environment (regulatory/economic context)
### Risk Acknowledgment
- This tool provides technical analysis, **not financial advice**
- All trading involves substantial risk of capital loss
- Past signal performance does not guarantee future accuracy
- Users are solely responsible for trading decisions and outcomes
- Always conduct independent research and consult qualified professionals
---
## 📧 Contact & Feedback
Your feedback drives continuous improvement. Please share:
- Feature requests and enhancement ideas
- Bug reports with detailed reproduction steps
- Settings optimizations for specific market conditions
- Success stories and lessons learned
**Thank you for choosing Crypto Exponentials technical analysis tools.**
**Trade with discipline. Manage risk religiously. Compound knowledge consistently.**
---
*© Crypto Exponentials | Professional Technical Analysis Solutions*
*Website: (cryptoexponentials.com)*
---
**Disclaimer**: This indicator is provided for educational and analytical purposes. The creator assumes no liability for financial losses. Cryptocurrency trading involves substantial risk. Never invest more than you can afford to lose. Always perform independent due diligence before making investment decisions.
