OPEN-SOURCE SCRIPT
Cập nhật GEX Levels for NQ/NDX/QQQ Gamma Exposure
DESCRIPTION
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A professional framework for Gamma Exposure analysis on NASDAQ-100 instruments.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT THIS INDICATOR DOES
This indicator visualizes key strategic levels derived from Gamma Exposure (GEX) analysis — the zones where dealer hedging flows create measurable support and resistance.
What you see:
- Call Walls — resistance zones where dealers hedge against upside
- Put Walls — support zones where dealers hedge against downside
- Zero Gamma — the structural pivot between mean-reversion and trend
- Expected Move bands — statistical range boundaries
- GEX Histogram — gamma distribution profile directly on chart
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WORKS OUT OF THE BOX
The indicator ships with pre-loaded 5DTE weekly GEX levels — add it to your chart and you'll see levels immediately. No setup, no copy/paste needed. We refresh the built-in data every week.
If you have access to more frequent data (0DTE, intraday), paste it into the GEX Data field in settings — your data always takes priority. Clear the field to fall back to the built-in weekly levels.
Pre-loaded PDH/PDL reflect the session at time of update. Fresh daily structure levels require pasting updated data.
Daily 0DTE data updates available soon via invite-only version — DM for early access.
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KEY FEATURES
▸ Ticker Switcher
Select NQ, NDX, or QQQ directly in settings.
Data converts automatically (NQ-NDX spread: 40 pts, QQQ ≈ NDX/40).
One script, three instruments.
▸ GEX Profile Histogram
See gamma distribution as horizontal bars on your chart.
Instantly spot where positioning clusters.
▸ Color Themes
Choose between Boreal, Classic, or Lady Trader palettes.
▸ Level Toggles
Show/hide level groups independently:
GEX Levels | System Levels | Structure Levels
▸ Rich Tooltips
Hover for details: GEX values, Call/Put ratio, Hold/Break probabilities.
▸ Flip Detection
When price crosses a level, it automatically updates role and style (solid → dashed).
▸ GEX Threshold Filter
Hide weak levels below a minimum magnitude to focus on significant zones.
▸ Smart Level Distribution
Levels are equally split above/below spot, with closest levels always protected from max limit.
▸ Alert System
Get notified when price crosses key GEX levels. Alerts are pre-configured for the built-in 5DTE levels.
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HOW TO READ THE LEVELS
Each line represents a zone where price reaction is statistically probable:
- Thick solid lines = level not yet crossed
- Dashed lines = level flipped (price crossed through)
- Cyan/Teal or Green = potential support (Put Walls)
- Pink/Red = potential resistance (Call Walls)
- Gray = structural levels (Zero Gamma, Vol Bands, PDH/PDL)
The indicator shows structure, not predictions.
Use it to identify where the market is likely to react — not which direction it will go.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
PRO TIP: CONFLUENCE
This tool is most powerful when combined with your own analysis.
Highest-probability setups occur when GEX levels align with:
Price action zones (support/resistance, order blocks)
Volume Profile (HVN/LVN, VWAP)
Technical structure (prior highs/lows, trend lines)
One level alone is information. Confluence is edge.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
DISCLAIMER
This tool is for informational and educational purposes only.
It does not constitute financial advice. Trading involves significant risk.
Past structure does not guarantee future behavior.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
DATA FORMAT REFERENCE (for DIY users)
The GEX Data input field accepts a formatted string: L:levels|P:profile
— L: section = level lines on the chart
— P: section = GEX profile bars (horizontal histogram)
— Separated by |P:
LEVELS (L: section):
strike,type,label,tooltip,magnitude — separated by semicolons
— strike: price in NQ terms (integer)
— type: CW (Call Wall), PW (Put Wall), ZG (Zero Gamma), MP (Max Pain), EH/EL (Expected Move), VH/VL (Vol Bands), PDH/PDL/PWH/PWL (Structure)
— label: display name
— tooltip: hover text (use ~ for line breaks)
— magnitude: GEX in millions (0 for non-GEX levels)
PROFILE (P: section):
strike,score,sign — separated by semicolons
— score: -10 to 10
— sign: 1 = call-dominant, -1 = put-dominant
DIY workflow:
— Get a delayed options chain (any broker or public data provider)
— Filter to target expiry
— For each strike: Gamma via Black-Scholes, then GEX = Gamma × OI × 100 × Spot²
— Rank by magnitude, normalize scores 0-10
— Paste into Settings → GEX Data
Latest Levels Update 2026-03-08 - 5DTE Exp
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
A professional framework for Gamma Exposure analysis on NASDAQ-100 instruments.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHAT THIS INDICATOR DOES
This indicator visualizes key strategic levels derived from Gamma Exposure (GEX) analysis — the zones where dealer hedging flows create measurable support and resistance.
What you see:
- Call Walls — resistance zones where dealers hedge against upside
- Put Walls — support zones where dealers hedge against downside
- Zero Gamma — the structural pivot between mean-reversion and trend
- Expected Move bands — statistical range boundaries
- GEX Histogram — gamma distribution profile directly on chart
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WORKS OUT OF THE BOX
The indicator ships with pre-loaded 5DTE weekly GEX levels — add it to your chart and you'll see levels immediately. No setup, no copy/paste needed. We refresh the built-in data every week.
If you have access to more frequent data (0DTE, intraday), paste it into the GEX Data field in settings — your data always takes priority. Clear the field to fall back to the built-in weekly levels.
Pre-loaded PDH/PDL reflect the session at time of update. Fresh daily structure levels require pasting updated data.
Daily 0DTE data updates available soon via invite-only version — DM for early access.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
KEY FEATURES
▸ Ticker Switcher
Select NQ, NDX, or QQQ directly in settings.
Data converts automatically (NQ-NDX spread: 40 pts, QQQ ≈ NDX/40).
One script, three instruments.
▸ GEX Profile Histogram
See gamma distribution as horizontal bars on your chart.
Instantly spot where positioning clusters.
▸ Color Themes
Choose between Boreal, Classic, or Lady Trader palettes.
▸ Level Toggles
Show/hide level groups independently:
GEX Levels | System Levels | Structure Levels
▸ Rich Tooltips
Hover for details: GEX values, Call/Put ratio, Hold/Break probabilities.
▸ Flip Detection
When price crosses a level, it automatically updates role and style (solid → dashed).
▸ GEX Threshold Filter
Hide weak levels below a minimum magnitude to focus on significant zones.
▸ Smart Level Distribution
Levels are equally split above/below spot, with closest levels always protected from max limit.
▸ Alert System
Get notified when price crosses key GEX levels. Alerts are pre-configured for the built-in 5DTE levels.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW TO READ THE LEVELS
Each line represents a zone where price reaction is statistically probable:
- Thick solid lines = level not yet crossed
- Dashed lines = level flipped (price crossed through)
- Cyan/Teal or Green = potential support (Put Walls)
- Pink/Red = potential resistance (Call Walls)
- Gray = structural levels (Zero Gamma, Vol Bands, PDH/PDL)
The indicator shows structure, not predictions.
Use it to identify where the market is likely to react — not which direction it will go.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
PRO TIP: CONFLUENCE
This tool is most powerful when combined with your own analysis.
Highest-probability setups occur when GEX levels align with:
Price action zones (support/resistance, order blocks)
Volume Profile (HVN/LVN, VWAP)
Technical structure (prior highs/lows, trend lines)
One level alone is information. Confluence is edge.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
DISCLAIMER
This tool is for informational and educational purposes only.
It does not constitute financial advice. Trading involves significant risk.
Past structure does not guarantee future behavior.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
DATA FORMAT REFERENCE (for DIY users)
The GEX Data input field accepts a formatted string: L:levels|P:profile
— L: section = level lines on the chart
— P: section = GEX profile bars (horizontal histogram)
— Separated by |P:
LEVELS (L: section):
strike,type,label,tooltip,magnitude — separated by semicolons
— strike: price in NQ terms (integer)
— type: CW (Call Wall), PW (Put Wall), ZG (Zero Gamma), MP (Max Pain), EH/EL (Expected Move), VH/VL (Vol Bands), PDH/PDL/PWH/PWL (Structure)
— label: display name
— tooltip: hover text (use ~ for line breaks)
— magnitude: GEX in millions (0 for non-GEX levels)
PROFILE (P: section):
strike,score,sign — separated by semicolons
— score: -10 to 10
— sign: 1 = call-dominant, -1 = put-dominant
DIY workflow:
— Get a delayed options chain (any broker or public data provider)
— Filter to target expiry
— For each strike: Gamma via Black-Scholes, then GEX = Gamma × OI × 100 × Spot²
— Rank by magnitude, normalize scores 0-10
— Paste into Settings → GEX Data
Latest Levels Update 2026-03-08 - 5DTE Exp
Phát hành các Ghi chú
Weekly 5dte levels updated at 26.03.15Phát hành các Ghi chú
Last update: 2026-03-23 | Expiry: 5DTE | Next update: ~2026-03-29Phát hành các Ghi chú
Bux Fix on NQ/NDX conversionPhát hành các Ghi chú
Last update: 2026-03-29 | Expiry: 5DTE | Next update: ~2026-04-05Phát hành các Ghi chú
26.04.05 Weekly 5DTE levels updatePhát hành các Ghi chú
2026-04-12 Latest 5DTE Weekly Levels UpdatedPhát hành các Ghi chú
Weekly updated at 2026-04-19Phát hành các Ghi chú
2026-04-27 weekly updatePhát hành các Ghi chú
2026.05.04 Weekly 5dte updatePhát hành các Ghi chú
2026-05-11 Weekly 5DTE updatePhát hành các Ghi chú
v7.2 — Feature parity with the ES/SPX/SPY indicatorThis release brings the NQ/NDX/QQQ indicator up to the same feature
set as the ES/SPX/SPY one. Existing users keep the same indicator on
their charts — just refresh after the Update Publication to get the
new tools.
What's new
• Breakout Structure (BOS): automatic BOdl / BOds markers with +FVG
annotations on H1, H4, D, W and M timeframes.
• Session Boxes: visual ranges for Asia / Europe / Pre-Open / RTH /
Opening Range / Close.
• Session AVWAP: VWAP anchored to each session open, plus optional
per-session deviation bands.
• Confluence Zones: highlights clusters of multiple levels (GEX +
system + structure) inside ±5% of prev-day ATR.
• Smarter alerts: the alert system now reads from the live BOS levels
so the price triggers stay in sync with the weekly publish — no
more hand-coded thresholds.
What's unchanged
• Display Ticker (NQ / NDX / QQQ) auto-scales every level (NDX =
futures − spread, QQQ = (futures − spread) / 40).
• Built-in weekly 5-DTE NQ levels stay the default; paste a custom
string in "Live GEX Override" to use your own snapshot.
• All filters (Max Levels, Show Only Near Price, Min GEX Threshold)
remain available and unchanged.
Phát hành các Ghi chú
2026-05-18- weekly 5DTE updatePhát hành các Ghi chú
2026-06-01- Weekly 5DTE Lev UpdatePhát hành các Ghi chú
2026-06-08 weekly 5DTE updatePhát hành các Ghi chú
2026-06-22- Weekly 5DTE GEX levels updatedPhát hành các Ghi chú
• Wall flip state (per wall, single state per side):- CW non-flipped → 2 consecutive 5m closes ABOVE strike → flipped
- CW flipped → 2 consecutive 5m closes BELOW strike → restored
- PW symmetric
The 5m close stream is fetched via request.security("5") so the rule
behaves identically on a 1m, 5m, or 1h display chart.
• Visual treatment of flipped walls:
- Color preserved (CW = nature pink, PW = nature cyan). No more cross-
fade between colorPos/colorNeg based on price position.
- Line width drops by 1 (min 1) — "weakened in its current role".
- Label gains a "↺" suffix; tooltip explains "Flipped Res → Sup (2× 5m
close beyond)" or "Flipped Sup → Res", vs "Resistance" / "Support"
in the normal state.
• New "Label Side" input (Colors & Style group) — choose Left or Right.
Right anchors the label past the profile bars so it overlaps neither
candles nor profile. Left is the historical placement (default).
• Default line width 1 → 2 so the flipped width-1 cue is visible out of
the box without forcing the user to bump their style.
• All horizontal levels (walls, system, structure) now render with
extend=extend.both — visually connects the Right-side label to the line
crossing the chart.
5DTE Levels are updated at 2026-06-27
Phát hành các Ghi chú
Weekly 5DTE Updated at 2026-07-06Phát hành các Ghi chú
Weekly 5DTE updated 2026-07-13Phát hành các Ghi chú
Bug fix: QQQ level scaling — plus a bonus, today's 0DTE levels baked into the default, valid until market close on 2026-07-21Phát hành các Ghi chú
Minor Bug FixesPhát hành các Ghi chú
IOS/Mobile encoding problem (uppercase/lowercase) issue solvedMã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.