Gexindicator

GEX Levels - Dealer Gamma Exposure GEX DAILY LEVELS — Dealer Gamma Exposure Levels This indicator plots dealer gamma exposure (GEX) levels as horizontal lines, computed from index option chain data and supplied via a compact text string. It is designed for NQ/NDX but works with any instrument given matching data. █ METHODOLOGY The levels follow the standard "naive" dealer positioning convention (dealers long calls, short puts). Per-strike net GEX = gamma × open interest × contract multiplier × spot² × 1%, summed with calls positive and puts negative. - Call Wall / Put Wall — strikes holding the maximum positive / most negative net GEX across expiries. Dealer hedging around these strikes dampens moves toward them in positive gamma (pinning) and defines major resistance/support. - 0DTE Walls — the same computation restricted to the current session's expiry, isolating the most reactive intraday hedging flows. - Gamma Flip — the spot level where aggregate dealer gamma changes sign, obtained by recomputing Black-Scholes gamma across a grid of hypothetical spot prices. Above it, hedging is mean-reverting; below it, hedging amplifies moves. - Expected Move — the at-the-money straddle price for the nearest expiry: the move the options market is pricing for the day. Fractional bands (e.g. ±50%, ±150% of the straddle) are included because the straddle approximates 0.8 standard deviations, giving each band a defined statistical meaning. - 1D Min/Max — the one-day range implied by annualized ATM volatility (IV/√252), a complementary volatility-based estimate. - Max Pain — the strike minimizing total option holder payout at the nearest expiry. - G+/G− — remaining top strikes ranked by absolute net GEX. █ WHY A TEXT STRING INPUT Open interest is static intraday, so gamma levels are constant for the session. Injecting them as data rather than recomputing on chart makes the indicator repaint-free, lookahead-free and provider-agnostic: any gamma data source, or your own option-chain computation, can feed it. Format: price,label,kind;price,label,kind;... Kind codes: res, sup (walls) · res0, sup0 (0DTE walls) · flip · emh, eml (expected move) · emb (fractional bands) · ivh, ivl (1D range) · mpain · gpos, gneg Example: 21100.0,Call Wall,res;20950.5,Gamma Flip,flip;20800.0,Put Wall,sup █ FEATURES - Per-family styling: visibility, color, width (1–5), line style for each level type - Alerts on price crossing walls, 0DTE walls or the gamma flip - Proximity table showing the nearest level above and below current price with distances - Label size, offset and price display options █ LIMITATIONS Levels are a pre-session snapshot; walls do not move intraday since open interest is settled overnight. The gamma flip may legitimately be absent in strongly positive gamma regimes. Educational tool; nothing here is financial advice.

Indicator

by datanalyste

AlgoStorm Gamma Exposure Levels (GEX-L)AlgoStorm Gamma Exposure Levels (GEX-L) A high-performance options market structure visualization tool designed to map total Gamma Exposure (GEX) profiles, Call Walls, Put Walls, and Gamma Flips directly onto your charts using custom-pasted external options chain inputs. The AlgoStorm Gamma Exposure Levels (GEX-L) indicator is designed for active index and futures traders who track institutional options positioning to map structural support, resistance, and volatility inflection boundaries. It translates raw options chain metrics into actionable on-chart structural lines. By default, it supports mapping across SPX (cash index), ES/MES futures, and SPY ETF charts through localized scaling engines. CRITICAL DATA INPUT REQUIREMENT — READ BEFORE LOADING This indicator DOES NOT come with an automatic or built-in options data feed. It operates as a blank visualization engine. To use it, you must copy a standardized 11-value comma-separated (CSV) data string from your external options data provider and paste it manually into the "GEX Data" field inside the indicator settings. The script parses this input to draw static levels for your trading session. It will remain empty until you provide data. Technical Architecture: Anti-Overlap Stagger Pipeline Traditional horizontal level indicators frequently suffer from visual clutter and illegible text labels when key options strikes or walls cluster tightly together. To bypass this platform constraint, this script utilizes an advanced multi-array sorting and layout engine: True Price Isolation: Horizontal level lines are drawn strictly at their accurate options execution strikes, extending across your historical chart data. Permutation Sorting Pass: The execution engine takes all active inputs and dynamically sorts them from lowest price to highest price on every new market tick. Algorithmic Staggering Array: A secondary layout pass evaluates the vertical proximity of text tags in your chart margins. If adjacent tags fall below your user-defined point-separation threshold, the text labels are mathematically shifted away from each other along the Y-axis. This ensures that every price label remains completely readable without altering the true location of the price lines. Features & Functionality Multi-Tiered Level Layouts: Maps primary macro anchors (Primary Call Wall CW1, Primary Put Wall PW1, and Gamma Flip) using heavy line styling, alongside up to four distinct secondary levels (CW2–CW5 and PW2–PW5) for deeper context into out-of-the-money open interest. Intelligent Symbol Scaling Engine: Built-in auto-scaling logic bridges index options structure with retail trading instruments. When toggled to SPY mode, the script automatically scales your pasted SPX options data by dividing values by 10 to perfectly align with your ETF chart grid. Luminance-Sensing Contrast Badges: Features customizable label styles, including a modern solid badge layout. The script calculates the relative luminance of your chosen level colors to automatically determine whether to render black or white text on top of the background badge, preventing visual washout. Opaque Visibility Overrides: Built with an explicit alpha channel stripping mechanism. Secondary levels can be configured with dimmed, low-opacity line styles to keep your main chart clean, while their text tags remain 100% opaque and sharp inside the margin. Dynamic Trapped Zone Fills: Renders a background color cloud across the macro zone separating the primary Call Wall and Put Wall. The background dynamically transforms its color state depending on whether the current market price is safely insulated inside the wall boundaries or breaking out into high-volatility territory.

Indicator

by AlgoStorm

Daily Gamma Levels Dashboard Updated (Pasteable)It is a PulseWire Pine Script indicator for daily gamma and key market levels. Its purpose is to let you paste a fresh block of daily levels into the settings each day instead of editing the source code manually. The script reads the row that matches the chart symbol, converts those pasted values into horizontal price lines across the chart, and labels the important levels so you can quickly see where call walls, put walls, zero gamma, volatility trigger, implied move levels, risk pivots, and any other custom fields sit relative to current price. It also includes a small info table so the levels can be read numerically, and it can merge nearby labels when two levels are close together, which keeps the chart cleaner while still preserving the separate horizontal lines. In short, it is used to create a daily, manually refreshed gamma-level dashboard on your chart so you can track market structure and important dealer-related price zones visually.

Indicator

by mjodlowski2002

Indicator

by TLADe_TradeLikeaDealer

Indicator

by TLADe_TradeLikeaDealer