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SPY Put Credit Spread Entry Regime

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This TradingView indicator is designed to identify potential SPY put credit spread entries using a completed daily trend regime and a 9:35 a.m. ET opening check. It classifies conditions as Green, Caution, Risk-Off, or Severe Risk-Off using the 20, 50, and 200-day SMAs, then applies optional filters for the opening gap, previous-day low, and regular-session VWAP. It provides two alerts: BUY Full Position for Green conditions and BUY Cautious Position for reduced-size entries.

Intended for use on a 5-minute SPY chart.
Notas de Lançamento
Corrected the name of the alerts

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