OPEN-SOURCE SCRIPT

Option Stop-Limit Calculator

310
1. Indicator Overview
Purpose: Automates stop-loss calculations for call/put options by linking the underlying stock’s stop price to the option’s limit price using delta and a buffer percentage.

Key Features:

Plots a horizontal line for the stock’s stop price.

Displays real-time option limit prices in a table.

Supports alerts for stop triggers.

Complete Users Training Manual is embedded into the code of the indicator.
You may not use any portion of this code for monetization purposes.
The intent is to serve everyone in the community and hopefully make us all prosper.
Good Luck

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