If you are an option trader, who are constantly searching opportunities to set up inverse iron condor position or other strategies, you must be familiar in estimating the range induced by Geometric Brownian Motion (GBM), or Lognormal distribution someone may call. The theory behind is adopted in the Black Scholes Option Pricing model, this assumes the asset price...
Fading levels using martingale (limit orders, rebate venue) with no stop-loss orders, long the wings at the end of Support and Resist levels from prior week Friday right before the close. Re-hedge the order book units when there is a breakout.
Basic utility script to keep track of key dates & expiries.
This model uses Black's Approximation to price American Options. Black's Approximation is an extension of the traditional Black-Scholes model that allows the price of American Options to be approximated within the Black-Scholes Framework. This is necessary because the traditional Black-Scholes model only works on options that are exercised at expiry, not before;...
A binomial option pricing model is an option pricing model that calculates an option's price using binomial trees. The BOPM method of calculating option prices is different from the Black-Scholes Model because it provides more flexibility in the type of options you want to price. The BOPM, unlike the BS model typically used for European style options, allows you...
Use only for: SPX, 5 minutes time frame This indicator is complementing options 0DTE strategy - selling options for SPX index in the same day as they are expiring. Output of the indicator (red or green color of the curve) indicates whether is profitable to sell options at given moment at delta and VIX specified in the parameters. Changing parameter "Candles" is...
This is an updated version of my "Black-Scholes Model and Greeks for European Options" indicator, that i previously published. I decided to make this updated version open-source, so people can tweak and improve it. The Black-Scholes model is a mathematical model used for pricing options. From this model you can derive the theoretical fair value of an options...
The indicator measure realized mobility of the underlying in the terms of V.Kurbakovsky. It is not an exact realization without access to bid and ask prices, but you can choose source prices in the settings window. The indicator can be used to estimate the degree of variation of the underlying price in volatility trading. It is advised to use it on a 1M (1 minute)...
This simple script collects data from FTX:BVOLUSD to plot BTC’s implied volatility as a standalone indicator instead of a chart. Implied volatility is used to gauge future volatility and often used in options trading.
BO - CCI Arrow with Alert base on CCI indicator to get signal for trade Binary Option. Rules of BO - CCI Arrow with Alert below: A. Setup Menu 1. cciLength: * Default CCI lenght = 14 2. Linear Regression Length: * Periods to calculate Linear Regression of CCI, * Default value = 5 3. Extreme Level: * Default top extreme level = 100 * Default bottom extreme...
BO - Bar M15 2/3 Signal show the signal to trade Binary Option with rule below: A. Indicator * Bollinger Band (20,2): avoid waterfall B. Rule of Signal 1. Rule1: Split Bar M15 to 3 part and load them on M5 chart (recommend use M5 IDC chart) 2. Rule 2: Delay 10' after bar M15 open => wait for price's pattern 3. Rule 3: Put Signal row 30-32 * Delay 10' after bar...
* This script show the signal base on volatility of previous bar M15 to trade Binary Option. * Rule of Signal is below: A. Rule 1: Wait for prices created temporary peak and bottom Row 18: 10 minutes till close B. Rule 2: Reversal previous bar's direction 1. Put Signal - Row 22 - 25: - Delay 5' after bar M15 open - previous bar's direction is upward - price...
BO - KBSignal show Put or Call Signal inoder to trade Binary Option. A. Indicators 1. Keltner Channel %K (indicator was published in my scripts) 2. OBV's %B (indicator was published in my scripts) B. Rule of Signal 1. Rule 1: No Signal - %K is the highest of 3 periods => Possible a Pivot High - %K is the lowest of 3 periods => Possible a Pivot Low - Previous %K...
Rate Of Change Earnings Move What is it and how does it work? The Rate of Change Earnings Move indicator or ROCEM is an indicator designed for giving the user an idea of how much a stock has moved up or down in past earnings reports. This is ideal for options traders who can use ROCEM to calculate whether or not their long straddles are actually probable of...
Trendy Bar Trend Color Inspired by trend candlestick charts on other trading platforms. Changes bar colors to stay in trend much like Heikin Ashi candles without the ATR price distortion. This is done by comparing the HL2 and/or Open-Close values of current candlestick to the prior candlestick.
Simple script made to identify trading ranges in any timeframe The oscillator bounces between 1 and 0. 1 means that the current asset is in a trading range and 0 meaning it is not. The determination of a trading range is determined by the following: ATR(14)40 and RSI<60 ADX<25 Due to all 3 having to be fulfilled in order for the oscillator to show there is...
Monthly options expiration for the year 2020. Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades. Happy new year 2020 and all the best traders.
Normal stochastic with arrows showing when K crosses D