OPEN-SOURCE SCRIPT
PCR Sentiment & Max Pain by Rakesh Sharma

🎯 PCR + SENTIMENT + MAX PAIN INDICATOR
Track options market sentiment to catch reversals before they happen! See where smart money is positioning through Put-Call Ratio analysis.
✨ KEY FEATURES:
- PCR (Put-Call Ratio) with visual zones
- Market Sentiment Analysis (Bullish/Bearish/Neutral)
- Max Pain Level calculation (expiry day advantage)
- Automatic Buy/Sell signals at extreme levels
- Real-time dashboard with actionable insights
- Fear & Greed gauge
- Trading action recommendations
🎯 PERFECT FOR:
Nifty, Bank Nifty, Index Options - Intraday & Swing Trading
⚡ TRADING SIGNALS:
- PCR > 1.5 = Market oversold (Fear) → BUY signal
- PCR < 0.7 = Market overbought (Greed) → SELL signal
- Extreme levels trigger STRONG signals
- Contrarian indicator - Trade against the crowd!
💡 UNIQUE ADVANTAGE:
Combines options sentiment with price action for high-probability reversals. Know when institutions are bullish or bearish!
Created by: Rakesh Sharma
Track options market sentiment to catch reversals before they happen! See where smart money is positioning through Put-Call Ratio analysis.
✨ KEY FEATURES:
- PCR (Put-Call Ratio) with visual zones
- Market Sentiment Analysis (Bullish/Bearish/Neutral)
- Max Pain Level calculation (expiry day advantage)
- Automatic Buy/Sell signals at extreme levels
- Real-time dashboard with actionable insights
- Fear & Greed gauge
- Trading action recommendations
🎯 PERFECT FOR:
Nifty, Bank Nifty, Index Options - Intraday & Swing Trading
⚡ TRADING SIGNALS:
- PCR > 1.5 = Market oversold (Fear) → BUY signal
- PCR < 0.7 = Market overbought (Greed) → SELL signal
- Extreme levels trigger STRONG signals
- Contrarian indicator - Trade against the crowd!
💡 UNIQUE ADVANTAGE:
Combines options sentiment with price action for high-probability reversals. Know when institutions are bullish or bearish!
Created by: Rakesh Sharma
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。