INVITE-ONLY SCRIPT
已更新 Rishabh Intraday Options Indicator

📌 Overview
This invite-only indicator is tailored for intraday options trading in major Indian indices — NIFTY, BANKNIFTY, CNXFINANCE, and NIFTY_MID_SELECT.
It identifies high-probability trading opportunities based on price deviations from the daily Open, High, and Low levels. The strategy is strictly designed for same-day, BUY-only option entries, offering structured targets, risk-managed stop-loss, and visual clarity for actionable decision-making.
Option expiry levels are manually updated before each expiry (weekly for NIFTY, monthly for others). Built-in safety filters automatically block trades during extreme volatility or when the spot price input is significantly off-range for the Specific Day.
⚙️ Key Features
- 📈 Highlights BUY-side opportunities only
- 🎯 Displays up to five dynamic target levels
- 🔒 Calculates stop-loss based on recent swing points
- 📊 Tracks price deviation from key levels to generate trade signals
- 🔍 Analyzes Spot and Option charts to provide signals on the Options symbol
- 🚨 Triggers alerts and shows labels when conditions are met
- ✏️ Customizable label sizes for enhanced readability
- ⏱️ Designed specifically for the 1-minute timeframe for maximum accuracy
📈 How to Use
- Open a 1-minute chart of any supported symbol:
NIFTY
BANKNIFTY
CNXFINANCE
NIFTY_MID_SELECT - Manually input the day’s open price in the script settings.
(An error message will show the correct value if input is incorrect — refer to Visual Guide #4) - Monitor price deviation around the day’s High and Low.
Trade signals are more reliable during pullbacks. - 📌 Call entries are displayed above the bar (near the day’s High)
📌 Put entries are shown below the bar (near the day’s Low) - 💡 Recommended:
- Book 50% profits at Target 1
- Manage remaining quantity with extended targets
📉 Risk Management System
- Stop-Loss: Recent minor swing low for Calls and Puts
- Target Levels (based on option premium movement):
- 🎯 Target 1: 1× stop-loss value
- 🎯 Target 2: 2× stop-loss value
- 🎯 Target 3: 3× stop-loss value
- 🎯 Target 4: 4× stop-loss value
- 🎯 Target 5: 5× stop-loss value
- 🎯 Target 1: 1× stop-loss value
🖼️ Visual Guide
#1.Nifty_Day_High_Low – Highlights intraday high/low levels
#2.Invalid Timeframe Error – Shown if not on a 1-minute chart
➡️ Fix: Switch to 1-minute timeframe
#3.Invalid Symbol Error – Appears if the symbol is not one of the four supported indices
➡️ Fix: Use NIFTY, BANKNIFTY, CNXFINANCE, or NIFTY_MID_SELECT
#4.Invalid Open Price – Shown when open input doesn't match actual open
➡️ Fix: Enter the open price shown in the error label into input settings
#5.Expired Option Error – Appears when the script detects that the configured expiry date has passed
➡️ Fix: Contact the script authors to get the latest version with updated expiry settings
#6.Nifty_Put_Buy Entry – Displays:
- Option Type
= PE
- Strike Price
= 56300
- Entry Price = 706.35
- Stop-Loss = 672.00
- All Target Levels
- Expiry = 28-08-2025
- Timestamp = 10:45:00 am
#7.Nifty_Call_Buy Entry – Same details as above for Call setups
- Option Type
= CE
- Strike Price
= 57000
- Entry Price = 1412.05
- Stop-Loss = 1394.70
- All Target Levels
- Expiry = 28-08-2025
- Timestamp = 9:41:00 am
⚠️ Important Notes
- ⏱️ Works only on 1-minute timeframe
- ✅ Compatible only with NIFTY, BANKNIFTY, CNXFINANCE, and NIFTY_MID_SELECT
- ✍️ Manual input of the day’s open is mandatory
- 🚫 No repainting – once confirmed, levels stay fixed
- 🔒 Invite-only access maintains tool integrity and quality usage
- 📅 Expiry Strike Management: Expiry dates are updated manually by the author (weekly for NIFTY, monthly for others). The latest update timestamp is shown at the top of the Input-Tab of Indicator Panel.
- ✋ If market conditions are extremely volatile, the script may display:
“Price is too volatile today. Avoid trading under such conditions. Please check back tomorrow.” - 📊 If the manually entered spot price is too far from the current range, the script may display:
“Spot price is significantly deviated from expected levels. Trading is not advised at the moment. See you tomorrow.”
🔶 CONCLUSION & ACCESS
This indicator is designed to provide a structured and disciplined approach to intraday options trading, with clear targets and defined risk management.
👉 For details on how to request access, please see the Author’s Instructions section below.
📢 Disclaimer
This script is intended solely for educational and informational purposes. It does not provide financial or investment advice, nor should it be interpreted as a recommendation to buy, sell, or trade any securities or derivatives.
We are not SEBI-registered advisors, and the strategies shown are not personalized guidance. Past performance or backtested results are not indicative of future outcomes and should not be relied upon for live trading without thorough evaluation.
Trading in financial markets — especially options — involves significant risk. Both profits and losses are inherent to the trading process.
📎 We recommend practicing with paper trading for at least one month to understand the strategy’s behavior in live markets.
版本注释
Changelog• 2025-07-21 — NIFTY Options weekly expiry updated. No logic changes.
版本注释
- 2025-07-28 — NIFTY Options weekly expiry updated. No logic changes.
版本注释
2025-08-29 — NIFTY Options weekly expiry updated. and [ BANKNIFTY, CNXFINANCE, NIFTY_MID_SELECT] Options Monthly expiry updated. No logic changes.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情,请按照以下作者的说明操作,或直接联系Rishabh_Indicator。
除非您完全信任其作者并了解脚本的工作原理,否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
To request access, please contact us using one of the methods below:
🌐 Website: http://www.Financewithrishabh.com
📧 Email: admin@financetalkwithrishabh.com
📞 Phone: +91 7297-904022
提醒:在请求访问权限之前,请阅读仅限邀请脚本指南。
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。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情,请按照以下作者的说明操作,或直接联系Rishabh_Indicator。
除非您完全信任其作者并了解脚本的工作原理,否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
To request access, please contact us using one of the methods below:
🌐 Website: http://www.Financewithrishabh.com
📧 Email: admin@financetalkwithrishabh.com
📞 Phone: +91 7297-904022
提醒:在请求访问权限之前,请阅读仅限邀请脚本指南。
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。