TraderVoila - SPX Spread Finder LITE
TraderVoila — SPX Spread Finder LITE
Finds intraday credit spread setups on SPX using support/resistance zones, VWAP, and trend filters — with suggested strikes for each signal.
What it does
Credit spread sellers want to sell premium behind a level the market is defending. This indicator identifies those moments on 1–5 minute charts:
PCS — price is holding a support zone (pivot level or Prior Day Low) with bullish conditions aligned — a put credit spread below the level puts that support between you and the market.
CCS — price is rejecting a resistance zone (pivot level or Prior Day High) with bearish conditions aligned — a call credit spread above the level does the same on the other side.
A Trade Ticket panel displays the suggested short and long strikes based on your OTM cushion and spread width, rounded to the strike increment (SPX = 5).
How it works
Every signal requires full alignment:
A signal cooldown prevents clustering. All parameters are adjustable: zone thickness, pivot length, RSI thresholds, MA lengths, cushion, spread width, and session timing.
How to use it
Honest limitations
TradingView cannot see options prices, IV, or Greeks - strike suggestions are derived from the underlying's price and your cushion settings, not from live option chains. Always confirm the contract on your broker. Signals identify favorable conditions; they are not trade recommendations or financial advice. Credit spreads carry defined but significant risk — size positions accordingly. Built by TraderVoila for options sellers.
Finds intraday credit spread setups on SPX using support/resistance zones, VWAP, and trend filters — with suggested strikes for each signal.
What it does
Credit spread sellers want to sell premium behind a level the market is defending. This indicator identifies those moments on 1–5 minute charts:
PCS — price is holding a support zone (pivot level or Prior Day Low) with bullish conditions aligned — a put credit spread below the level puts that support between you and the market.
CCS — price is rejecting a resistance zone (pivot level or Prior Day High) with bearish conditions aligned — a call credit spread above the level does the same on the other side.
A Trade Ticket panel displays the suggested short and long strikes based on your OTM cushion and spread width, rounded to the strike increment (SPX = 5).
How it works
Every signal requires full alignment:
- Price inside a pivot-based S/R zone, or at the Prior Day High/Low — classic intraday reaction levels
- VWAP alignment in the trade direction (optional slope confirmation available)
- Daily moving-average regime agrees (fast MA vs mid MA)
- RSI is not extended against the trade
- Inside regular trading hours, past the opening minutes, and before your entry cutoff (default 2:00 PM ET)
A signal cooldown prevents clustering. All parameters are adjustable: zone thickness, pivot length, RSI thresholds, MA lengths, cushion, spread width, and session timing.
How to use it
- Apply to a 1m–5m chart of SPX, SPY, or ES
- When a PCS or CCS label prints, check the Trade Ticket for the suggested strikes
- Verify the actual premium, spread width, and liquidity on your broker — the ticket suggests structure, your broker shows the real prices
- Set alerts on both signal conditions to monitor hands-free
Honest limitations
TradingView cannot see options prices, IV, or Greeks - strike suggestions are derived from the underlying's price and your cushion settings, not from live option chains. Always confirm the contract on your broker. Signals identify favorable conditions; they are not trade recommendations or financial advice. Credit spreads carry defined but significant risk — size positions accordingly. Built by TraderVoila for options sellers.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.