BO - KBSignalBO - KBSignal show Put or Call Signal inoder to trade Binary Option.
A. Indicators
1. Keltner Channel %K (indicator was published in my scripts)
2. OBV's %B (indicator was published in my scripts)
B. Rule of Signal
1. Rule 1: No Signal
- %K is the highest of 3 periods => Possible a Pivot High
- %K is the lowest of 3 periods => Possible a Pivot Low
- Previous %K is greater than or equal 0.8 => Touch Resistance Zone
- Previous %K is less than or equal 0.2 => Touch Support zone
2. Rule 2: Sell and Buy Zone depend on 2 Indicators mentioned in A
- Sell zone = %K<0.45 and Obv's %B <0.45
- Buy zone = %K>0.55 and Obv's %B >0.55
3. Rule 3: Put and Call Signal
- Put Signal = Sell zone and not No Signal
- Call Signal = Buy zone and not No Signal
C. Alert
1. Signal alert = Put Signal or Call Signal alert
2. Put alert = Put Signal alert
3. call alert = Call Signal alert
Options
Rate Of Change Earnings Move - ROCEMRate Of Change Earnings Move
What is it and how does it work?
The Rate of Change Earnings Move indicator or ROCEM is an indicator designed for giving the user an idea of how much a stock has moved up or down in past earnings reports. This is ideal for options traders who can use ROCEM to calculate whether or not their long straddles are actually probable of happening.
How it works
The indicator measures the absolute value rate of change and then calculates the average rate of change for the day of the earnings report for the past 8 earnings reports (2 years). It then takes the current stock price and finds the upper and lower price based on the average rate of change for past earnings.
I have also included a moving average (purple line), use this to see if the current rate of change is higher than usual.
Additionally, earnings reports are marked with a red x on the indicator.
How to trade ROCEM
This is primarily made for options trading so I will be explaining how it can be used for that. It is not suited for traditional stock trading as it does not determine a market direction.
Select a stock with an upcoming earnings
Enter your per leg commissions in the indicator if you want it to calculate new upper and lower prices (makes it easier to determine if the options trade will pass the breakeven when commissions are factored in)
Compare your long straddle breakevens with the upper and lower prices of the indicator. If the upper breakeven is smaller than the upper price in ROCEM and the lower breakeven is larger than the lower price in ROCEM, then a long straddle position could be considered a reasonable trade based on past earnings performance.
Trendy Bar Trend ColorTrendy Bar Trend Color
Inspired by trend candlestick charts on other trading platforms. Changes bar colors to stay in trend much like Heikin Ashi candles without the ATR price distortion. This is done by comparing the HL2 and/or Open-Close values of current candlestick to the prior candlestick.
Trading Range Indicator - TRISimple script made to identify trading ranges in any timeframe
The oscillator bounces between 1 and 0. 1 means that the current asset is in a trading range and 0 meaning it is not.
The determination of a trading range is determined by the following:
ATR(14)40 and RSI<60
ADX<25
Due to all 3 having to be fulfilled in order for the oscillator to show there is a trading range, this causes a problem where 2 of the conditions are fulfilled and therefore still shows 0 on the oscillator, however, the asset could very well be in a trading range.
So what in the world do you use this for if there is such a significant margin of error?
Since all 3 conditions need to be fulfilled in order for it to be considered a trading range, this gives a very strong indicator of said trading ranges. So if a person is looking at individual stock tickers or the SPY index ticker, then when the oscillator reads a 1, it could be ideal to open an Iron Condor on said ticker. This means that this indicator is not well suiting for traditional long and short stock positions, but rather it is made for options traders who by using an Iron Condor can make money of a range-bound market.
Monthly Options Expiration 2020Monthly options expiration for the year 2020.
Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades.
Happy new year 2020 and all the best traders.
Ichimoku Double Cloud + AutoFibCombined indicator using an ichimoku double cloud derivative.
Ideal use is option swings, using traditional ichimoku rules, targets are adjusted to the current ATR.
Appropriate strikes closest to one of these lines for assisted price targeting.
U.S. Stocks CVD to Bitcoin Price Correlation [NeoButane]An experimental script to see if there are any actionable signals when comparing bitcoin/ethereum/index prices to the U.S. stock and options market.
So far I haven't found a reliable signal, but the tickers are in the script if you'd like to see if there is anything useful.
IV/HV ratio 1.0 [dime]This script compares the implied volatility to the historic volatility as a ratio.
The plot indicates how high the current implied volatility for the next 30 days is relative to the actual volatility realized over the set period. This is most useful for options traders as it may show when the premiums paid on options are over valued relative to the historic risk.
The default is set to one year (252 bars) however any number of bars can be set for the lookback period for HV.
The default is set to VIX for the IV on SPX or SPY but other CBOE implied volatility indexes may be used. For /CL you have OVX/HV and for /GC you have GVX/HV.
Note that the CBOE data for these indexes may be delayed and updated EOD
and may not be suitable for intraday information. (Future versions of this script may be developed to provide a realtime intraday study. )
There is a list of many volatility indexes from CBOE listed at:
www.cboe.com
(Some may not yet be available on Tradingview)
RVX Russell 2000
VXN NASDAQ
VXO S&P 100
VXD DJIA
GVX Gold
OVX OIL
VIX3M 3-Month
VIX6M S&P 500 6-Month
VIX1Y 1-Year
VXEFA Cboe EFA ETF
VXEEM Cboe Emerging Markets ETF
VXFXI Cboe China ETF
VXEWZ Cboe Brazil ETF
VXSLV Cboe Silver ETF
VXGDX Cboe Gold Miners ETF
VXXLE Cboe Energy Sector ETF
EUVIX FX Euro
JYVIX FX Yen
BPVIX FX British Pound
EVZ Cboe EuroCurrency ETF Volatility Index
Amazon VXAZN
Apple VXAPL
Goldman Sachs VXGS
Google VXGOG
IBM VXIBM
MACD with Directional ColorsThis MACD indicator colors the MACD and signal lines according to the direction they are moving.
- Eliminates the histogram from the traditional MACD indicator.
- Uses a histogram for the MACD line.
- Includes Bollinger Bands for the MACD line to help detect squeezes
Directional Movement Index ConfirmationThis indicator helps determine the exit point of a play. Lots of green candles making you money? Got one red candle and now you're worried if this is the top? Check this indicator! A red arrow helps confirm that bearish pressure is rising while bull pressure is declining, and this may be your chance to exit. Works the opposite way for short plays, giving a green candle to help confirm the bottom.
This indicator was written to help educate members over at OptionsPlayers.com
DMI StochasticModification of DMI Stochastic indicator created by USGEARS, as requested by another user. This version just colors columns along with the indicator arrow.
ADX and RSI ComboThis indicator combines two separate Simple RSI indicators so you can show different periods together, as well as an ADX indicator with DI+ and DI-. I prefer to use one indicator to show the whole thing, instead of stacking the individual indicators.
PtahX's Friday Weekly Options ExpiryJust a basic indicator showing Friday on your chart for options expiry
RSI Binary StrategyAnother basic strategy most people learn at the beginning of their trading carreer (like me) is the RSI strategy. This is an adaptation of the built-in RSI strategy for use in binary options. Who knows, maybe one day i will graduate to CFD trading, but my time for trading in general is limited at the moment and I am very much still at the beginning of this entire topic.
The rather specific values for the RSI bounds and length I saved have been developed for the EURUSD short term (5min.) interval, giving the highest amount of winning vs. loosing trades as of the publishing date of this script, which is the only important factor for binary options in my understanding. Use at your own risk.
Feel free to comment, give me pointers and/or recommendations.
Channel Break Out Binary StrategyI am learning pine script at the moment and this is my first attempt at creating an expire time based strategy for binary options based on a simple example like the built-in Channel Break Out Strategy.
UCS_Option ExpiryThis is an update to two indicators.
The Blue Label would be the Weekly Options Expiry
The Orange Label would be the Monthly Options Expiry.
And you have a choice to pick.
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Binary option trading by two previous barsThis simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is failure. The same outcomes are at the bottom of the chart. The blue line is the total revenue of all options so far. Can be used as template for strategy simulation.
Nadex Fx Volume Indicator Vv1By request
Nadex Fx Volume Indicator Vv1
Original source code & Credit goes to: Pip Foundry - Forex Market Volume from IDC
modified & replaced fx pairs to corrospond with Nadex spot/fx instruments // www.nadex.com
Vdub FX SniperVX2 Color v2FX SniperVX2 Color
Fully integrated Rejection spike
Directional coloured rejection zones
Swing Trade Hull ma
Support /Resistance levels
Re configured Pivot zones
Responsive trend directional buy / sell indicator
2 x Trend directional coloured EMA's
Sniper series
Deviation Back Tester (Great for Credit Spreads)!Error with math fixed in this one. Please use this one.
This is great for credit spreads! Lets say you wanted to know if you had sold a 15% OTM Bull Put vertical 2 months out, how often would you win? This Turns green if you would have been correct with your credit spread had it expired on that date, or red if you would've been wrong. Great for Back testing!
This could also be used for ATM debit spreads credit spreads etc. Example, how often does SPY deviate outside a 10% range relative to two months, 5% (if your doing straddles perhaps) etc.
This Can be used with any stock.
PLEASE KEEP IN MIND THAT IT TESTS DEVIATION IN BOTH DIRECTIONS. THEREFORE IT WILL HIGHLIGHT RED ON BOTH THE UPSIDE AND DOWNSIDE. WHEN BACKTESTING BE SURE TO CHECK WHETHER IT IS RED BECAUSE OF DOWNSIDE OR UPSIDE.