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LEAP Put Edge — Top Risk Oscillator (v6, divergences + HTF)

Pinpoint market tops with precision — a composite oscillator built to spot exhaustion, bearish divergences, and high-probability LEAP Put entry zones.
The LEAP Put Edge — Top Risk Oscillator is designed specifically to help identify high-probability entry points for long-dated Put options (LEAPs) by highlighting exhaustion at market tops. Unlike generic overbought/oversold tools, it combines slower MACD and DMI/ADX for trend quality, RSI and Stochastic RSI for momentum extremes, volume spike and upper-wick exhaustion signals for capitulation risk, and optional bearish divergences in RSI and MACD to confirm weakening strength. The output is a smoothed composite score scaled from -100 to +100, where higher values indicate rising top-risk and bearish edge conditions. Clear thresholds, color-coded plots, and built-in alerts make it straightforward and practical for traders seeking simple, actionable signals to time Put entries with confidence.
The LEAP Put Edge — Top Risk Oscillator is designed specifically to help identify high-probability entry points for long-dated Put options (LEAPs) by highlighting exhaustion at market tops. Unlike generic overbought/oversold tools, it combines slower MACD and DMI/ADX for trend quality, RSI and Stochastic RSI for momentum extremes, volume spike and upper-wick exhaustion signals for capitulation risk, and optional bearish divergences in RSI and MACD to confirm weakening strength. The output is a smoothed composite score scaled from -100 to +100, where higher values indicate rising top-risk and bearish edge conditions. Clear thresholds, color-coded plots, and built-in alerts make it straightforward and practical for traders seeking simple, actionable signals to time Put entries with confidence.
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开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。