Straddle & Strangle Strategy + CPR & VWAP
This script provides a comprehensive Straddle & Strangle Strategy with key technical levels, making it a powerful tool for options traders and intraday traders.
Key Features:
✅ Straddle & Strangle Levels – Dynamically plots ATM strike price along with configurable strangle levels.
✅ CPR (Central Pivot Range) – Daily pivot, BC, TC, support, and resistance levels are plotted separately for each day.
✅ Previous Day High/Low – Plots the previous day’s high and low for reference.
✅ VWAP & EMAs (20, 50, 200) – Helps traders identify trend direction and key moving averages.
✅ Buy & Sell Signals – Based on VWAP & EMA crossovers.
✅ Candle Coloring – Automatically changes candle colors based on trend (Green for bullish, Red for bearish).
This indicator is useful for intraday traders, options traders, and scalpers looking for precise entry and exit points.
📌 Customizable Inputs: Strike price, strangle distance, CPR enable/disable, EMA settings, and more.
Try it out and optimize your trading strategy! 🚀
#Straddle #Strangle #CPR #VWAP #OptionsTrading #Intraday #TradingView
Script sob convite
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact amit_syas directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Instruções do autor
Warning: please read our guide for invite-only scripts before requesting access.
Aviso legal
Script sob convite
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact amit_syas directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Instruções do autor
Warning: please read our guide for invite-only scripts before requesting access.