OPEN-SOURCE SCRIPT
Directional Call/Put Entry Indicator
This indicator is designed to help traders identify directional opportunities for buying calls and puts by combining trend structure, momentum, and price location into a single framework. It uses a 13 EMA and 89 EMA high/close/low channel to define whether the market is bullish or bearish, but goes further by evaluating whether the move is strengthening or weakening. The script looks at EMA alignment, slope, and gap expansion to determine if conditions support continuation, while also requiring price to interact with the 13 EMA band so entries occur closer to the beginning of a move rather than after it has already extended.
A key feature of this script is its ability to distinguish between valid setups and poor timing. It labels general directional conditions as LONG CALL OK or LONG PUT OK, highlights higher-quality opportunities as PERFECT LONG CALL or PERFECT LONG PUT when trend and entry location align, and flags overextended moves as LATE CALL or LATE PUT SKIP. This helps traders avoid chasing price after multiple strong candles or when the market is already stretched relative to the 13 EMA channel. Optional VWAP and ORB midpoint filters provide additional confirmation, while VIX values are displayed in the labels for added context. The overall goal of the indicator is to separate direction from timing and help traders focus on earlier, higher-probability entries while avoiding common late-entry mistakes.
A key feature of this script is its ability to distinguish between valid setups and poor timing. It labels general directional conditions as LONG CALL OK or LONG PUT OK, highlights higher-quality opportunities as PERFECT LONG CALL or PERFECT LONG PUT when trend and entry location align, and flags overextended moves as LATE CALL or LATE PUT SKIP. This helps traders avoid chasing price after multiple strong candles or when the market is already stretched relative to the 13 EMA channel. Optional VWAP and ORB midpoint filters provide additional confirmation, while VIX values are displayed in the labels for added context. The overall goal of the indicator is to separate direction from timing and help traders focus on earlier, higher-probability entries while avoiding common late-entry mistakes.
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开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。