OPEN-SOURCE SCRIPT

NIKS PRO SPY (Confluence + Scorecard + Option TP Estimates)

60
PRO SPY Flush – Confluence + Scorecard + Option TP Estimates

This indicator is designed for pre-market and intraday SPY options traders who want structured decision support before the open.

🔹 Scorecard System

Aggregates bullish vs. bearish confluences across multiple timeframes

Displays a clear bias (CALLs / PUTs) with color-coded signals


🔹 Pre-Market Flush Trade Setup

Generates an estimated entry level for both bullish (rip up) and bearish (flush down) scenarios

Calculates strike alignment and displays entry price with dollar estimates


🔹 Option Take-Profit & Stop Estimates

Displays TP1 / TP2 levels for calls and puts

Includes estimated stop levels

Contract price estimates are shown directly on the scorecard


🔹 Filters & Confirmations

ATR check

Volume surge confirmation

Pre-market width check

Retest/close confirmations


🔹 Visual Layout

Organized table/scorecard on the chart corner

Rows display direction, entry, strikes, TP/SL estimates, and confirmations

Color-coded for quick decision making


🔹 Alerts Built-In

Bullish Rip Up Trigger

Bearish Flush Down Trigger

Alerts only fire when all confluences align


⚠️ Disclaimer
This tool is for educational and informational purposes only. It does not guarantee performance or outcomes. Always manage risk, use proper position sizing, and trade at your own discretion.

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