PROTECTED SOURCE SCRIPT
Algo Chart - Trial
📝 Description
This indicator provides a comprehensive view of option straddles across multiple strikes, combining VWAP (Volume Weighted Average Price), strength analysis, and a visual table to quickly assess directional bias.
Features:
📊 Plots:
Call (CE), Put (PE), and Straddle prices.
CE & PE Daily VWAP lines.
CE & PE “Strength” (deviation from VWAP) with smoothing option.
📋 Multi-Strike Table:
Dynamically generates rows for base strike ± N steps.
Displays CE & PE VWAP values per strike.
Trend Dots (🟢 bullish, 🔴 bearish) showing relative strength.
Meter column (CE vs PE bias at each strike).
Call Power & Put Power totals across strikes.
Net Bias row (green for bullish, red for bearish).
⚡ Highlights volatility when Straddle % change exceeds user-defined threshold.
Inputs:
Base strike, step size, and range of strikes to monitor.
Expiry prefix (auto-generates CE/PE symbols).
Timeframe for option data requests.
Smoothing length & trend factor sensitivity.
Toggle VWAP lines on/off.
This tool is designed for options traders who want to:
Monitor CE/PE behavior around VWAP.
Compare strength across multiple strikes.
Identify where the bias (Call vs Put) is concentrated.
Spot unusual volatility events on the Straddle.
⚠️ Note: Availability of option data depends on your TradingView plan and your broker/data provider. If CE/PE symbols are not supported, some cells may display NA.
This indicator provides a comprehensive view of option straddles across multiple strikes, combining VWAP (Volume Weighted Average Price), strength analysis, and a visual table to quickly assess directional bias.
Features:
📊 Plots:
Call (CE), Put (PE), and Straddle prices.
CE & PE Daily VWAP lines.
CE & PE “Strength” (deviation from VWAP) with smoothing option.
📋 Multi-Strike Table:
Dynamically generates rows for base strike ± N steps.
Displays CE & PE VWAP values per strike.
Trend Dots (🟢 bullish, 🔴 bearish) showing relative strength.
Meter column (CE vs PE bias at each strike).
Call Power & Put Power totals across strikes.
Net Bias row (green for bullish, red for bearish).
⚡ Highlights volatility when Straddle % change exceeds user-defined threshold.
Inputs:
Base strike, step size, and range of strikes to monitor.
Expiry prefix (auto-generates CE/PE symbols).
Timeframe for option data requests.
Smoothing length & trend factor sensitivity.
Toggle VWAP lines on/off.
This tool is designed for options traders who want to:
Monitor CE/PE behavior around VWAP.
Compare strength across multiple strikes.
Identify where the bias (Call vs Put) is concentrated.
Spot unusual volatility events on the Straddle.
⚠️ Note: Availability of option data depends on your TradingView plan and your broker/data provider. If CE/PE symbols are not supported, some cells may display NA.
受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。