Options Cumulative Chart Analysys

6天前

This Pine Script is a comprehensive tool designed for traders analyzing options data on TradingView. It aggregates multiple symbols to calculate and visualize cumulative performance, providing essential insights for decision-making.

Key Features:
Symbol and Strike Price Configuration:

Supports up to four configurable symbols (e.g., NIFTY options).
Allows defining buy/sell actions, quantities, and entry premiums for each symbol.
Customizable Chart Display:

Plot candlesticks and line charts for cumulative data.
Configurable Exponential Moving Averages (EMAs) for technical analysis.
Entry and price lines with customizable colors.
Timeframe Management:

Supports higher timeframe (HTF) candles.
Ensures compatibility with the current chart timeframe to maintain accuracy.
Dynamic Coloring and Visualization:

Red, green, and gray color schemes for body and wicks of candlesticks based on price movements.
Customizable positive and negative color schemes.
Table for Data Representation:

Displays an info table showing symbols, quantities, entry prices, and latest traded prices (LTP).
Adjustable table position, overlay, and styling.
Premium and Profit/Loss Calculations:

Calculates cumulative open, high, low, and close prices considering premiums and quantities.
Tracks the profit and loss dynamically based on cumulative premiums and market prices.
Alerts and Notifications:

Alerts triggered on specific conditions, such as when the profit/loss turns negative.
Modular Functions:

Functions for calculating high/low/open/close values, combining premiums, and drawing candlesticks.
Utilities for symbol management and security requests.
Custom Settings:

Includes a wide range of input options for customization:
Timeframes, EMA lengths, colors, table configurations, and more.
Error Handling:

Validates timeframe inputs to ensure compatibility and prevent runtime errors.
This script is designed for advanced traders looking for a customizable tool to analyze cumulative options data efficiently. By leveraging its modular design and visual elements, users can make informed trading decisions with a holistic view of market movements.