OPEN-SOURCE SCRIPT
Options Combined Premium Strategy
This Pine Script™ code creates an options strategy that combines premium data from both call and put options. It allows you to select different indices (like NIFTY, BANKNIFTY, etc.), input expiry date and strike prices, and choose to either combine or separate the call and put options. The script calculates combined premium values and offers various technical indicators (EMA, Supertrend, VWAP, RSI, SMA) for buy and sell signals. It plots these signals on the chart and provides alerts for potential trades.
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