OPEN-SOURCE SCRIPT
Income Engine - Daily Supertrend Covered Call Signals
What This Indicator Does
1. Identifies the safest time to sell a 1-week covered call
The script uses the Daily Supertrend as a primary trend filter.
When the trend turns bearish or weak, the indicator highlights a Sell Zone, signaling a statistically safer window to sell a covered call.
Covered calls perform best when price is:
Sideways
Weak
Trending down
Not likely to surge upward
The Sell Zone captures exactly this behavior.
Green line=Let the stock run.
Red line=safe to sell calls without assignment. Gererate income while stock falters.
1. Identifies the safest time to sell a 1-week covered call
The script uses the Daily Supertrend as a primary trend filter.
When the trend turns bearish or weak, the indicator highlights a Sell Zone, signaling a statistically safer window to sell a covered call.
Covered calls perform best when price is:
Sideways
Weak
Trending down
Not likely to surge upward
The Sell Zone captures exactly this behavior.
Green line=Let the stock run.
Red line=safe to sell calls without assignment. Gererate income while stock falters.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。