OPEN-SOURCE SCRIPT
Aravinth Buy sell V2_15 Min
I’ve developed a custom indicator in TradingView based on Moving Average logic, specifically designed to generate clear and actionable signals for options trading.
🔍 Key Features
✅ Clear Trade Signals
The indicator provides precise suggestions on:
Buy Call (CE)
Buy Put (PE)
Sell Call (CE)
Sell Put (PE)
✅ Works on Options Charts
Unlike many indicators limited to index/spot charts, this one works effectively directly on option charts, making it highly practical for real-time execution.
✅ Optimized for Option Sellers
The logic is particularly effective for option selling strategies, helping identify:
Premium decay opportunities
Trend-confirmed short positions
Reduced false entries compared to raw price action
✅ Moving Average-Based Logic
The core strength comes from:
Trend identification using Moving Averages
Signal generation based on crossover, slope, and price interaction
Helps avoid sideways market traps to a good extent
🔍 Key Features
✅ Clear Trade Signals
The indicator provides precise suggestions on:
Buy Call (CE)
Buy Put (PE)
Sell Call (CE)
Sell Put (PE)
✅ Works on Options Charts
Unlike many indicators limited to index/spot charts, this one works effectively directly on option charts, making it highly practical for real-time execution.
✅ Optimized for Option Sellers
The logic is particularly effective for option selling strategies, helping identify:
Premium decay opportunities
Trend-confirmed short positions
Reduced false entries compared to raw price action
✅ Moving Average-Based Logic
The core strength comes from:
Trend identification using Moving Averages
Signal generation based on crossover, slope, and price interaction
Helps avoid sideways market traps to a good extent
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.