INVITE-ONLY SCRIPT
已更新 Option Chain-Based Call & Put Momentum Visualizer
Option Chain-Based Call & Put Momentum Visualizer
invite-only by JjpTradingAcademy
Overview
The Option Chain-Based CE/PE Momentum Visualizer is a powerful analytical tool designed to track real-time momentum and sentiment shifts between Call (CE) and Put (PE) options directly on the chart. It offers deep insight into option buyers’ and sellers’ behavior by analyzing multiple strikes, dynamically calculating cumulative CE/PE strength, and correlating it with underlying index price movements.
How to Use
The bottom pane of the indicator displays the decay data for both Call and Put options at every candle, green shows positive, red shows negative, and orange shows neutral. At the centre, it shows difference between Call and Put decay data, if the difference is less than 35 then it indicates with lime color otherwise it appears with purple color, When the trend changes between from lime and purple, the indicator plots a purple bar representing strong candles that often precede high momentum moves.
High/Low ranges are automatically plotted once the middle value drops below 10.
A breakout/breakdown of purple candle at the range indicates a strong directional movement on either side.
Reference images for visual guidance:
Inputs
To ensure proper functionality, fill in all fields correctly - Index/Stock Symbol Name, Pre-Market 's ATM Level, Options Type (OTM, ITM, OTM+ITM), Options Expiry Date, Options Symbol Prefix, Strike Interval If these are not set correctly, runtime errors may occur.
CE/PE Candle Strength – Displays CE/PE strength % for each candle
Highlight Prior Range – Marks previous High/Low zones for visual confirmation
Show Historical Entry Zone – Displays earlier High/Low ranges with color fills to highlight zone strength
Alerts
Purple Bar Signal
(Setup: Add Alert → Condition: "Option Chain-Based Call & Put Momentum Visualizer" → "Purple Bar Signal")
Security Call
All signals are calculated on bar close.
The script uses security () calls to fetch individual option OHLC data for accurate CE/PE momentum analysis.
Access
Invite-Only.
Request access via TradingView PM to JjpTradingAcademy
Redistribution, reselling, or code extraction is strictly prohibited.
Disclaimer
This indicator is for educational purposes only.
It does not constitute financial advice or a guaranteed system of profitability.
Trading options involves significant risk - always conduct your own research and apply sound risk management.
invite-only by JjpTradingAcademy
Overview
The Option Chain-Based CE/PE Momentum Visualizer is a powerful analytical tool designed to track real-time momentum and sentiment shifts between Call (CE) and Put (PE) options directly on the chart. It offers deep insight into option buyers’ and sellers’ behavior by analyzing multiple strikes, dynamically calculating cumulative CE/PE strength, and correlating it with underlying index price movements.
How to Use
The bottom pane of the indicator displays the decay data for both Call and Put options at every candle, green shows positive, red shows negative, and orange shows neutral. At the centre, it shows difference between Call and Put decay data, if the difference is less than 35 then it indicates with lime color otherwise it appears with purple color, When the trend changes between from lime and purple, the indicator plots a purple bar representing strong candles that often precede high momentum moves.
High/Low ranges are automatically plotted once the middle value drops below 10.
A breakout/breakdown of purple candle at the range indicates a strong directional movement on either side.
Reference images for visual guidance:
Inputs
To ensure proper functionality, fill in all fields correctly - Index/Stock Symbol Name, Pre-Market 's ATM Level, Options Type (OTM, ITM, OTM+ITM), Options Expiry Date, Options Symbol Prefix, Strike Interval If these are not set correctly, runtime errors may occur.
CE/PE Candle Strength – Displays CE/PE strength % for each candle
Highlight Prior Range – Marks previous High/Low zones for visual confirmation
Show Historical Entry Zone – Displays earlier High/Low ranges with color fills to highlight zone strength
Alerts
Purple Bar Signal
(Setup: Add Alert → Condition: "Option Chain-Based Call & Put Momentum Visualizer" → "Purple Bar Signal")
Security Call
All signals are calculated on bar close.
The script uses security () calls to fetch individual option OHLC data for accurate CE/PE momentum analysis.
Access
Invite-Only.
Request access via TradingView PM to JjpTradingAcademy
Redistribution, reselling, or code extraction is strictly prohibited.
Disclaimer
This indicator is for educational purposes only.
It does not constitute financial advice or a guaranteed system of profitability.
Trading options involves significant risk - always conduct your own research and apply sound risk management.
版本注释
Expiry input bug fixed.仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系JjpTradingAcademy。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
Invite‑only. PM @JjpTradingAcademy for access and not through the comment section.
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。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系JjpTradingAcademy。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
Invite‑only. PM @JjpTradingAcademy for access and not through the comment section.
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。