OPEN-SOURCE SCRIPT
Aggiornato TPM
Custom Script for the TPM Strategy
This indicator graphically and in real time displays the parameters of a Bear Put Spread strategy with active management and additional naked options. It is designed to provide a complete and immediate overview directly on the underlying chart.
🔹 Key Features
• Customizable entry point: can be specified by date and time, displayed with a vertical blue line and an “ENTRY” label.
• Automatic calculation of the management level: shown as an orange horizontal line at -13% from the entry price. When the price drops below this threshold:
• an alert is triggered
• an active management label appears
• Visualization of bought and sold options:
• Strike prices of Buy Put and Sell Put are drawn as horizontal colored lines (red and green)
• Strike of an extra sold Put (-23%) shown in purple
• “Today” line (dashed red or blue) with a day counter from the entry date
• Active period box: highlighted area between the entry day and today, visible across the chart
• Dynamic theoretical expiration (based on VIX):
• 60 / 30 / 15 days depending on the current VIX value
• Yellow vertical line with estimated date and descriptive label, always visible even if in the future
• Golden Scenario (optional):
• Analysis of % variation over a configurable number of days
• Icons 🟤 ⚪ 🟡 drawn on the chart to identify significant drops (-2% / -3% / -5%)
• Visual dashboard (optional):
• Fixed table at the bottom right with color-coded sections for:
• Bull Put: strike and expiration (12 months)
• Management Level
• Extra Sell Put: strike and expiration (9 months)
• Values rounded down and well-formatted for readability
⸻
🔧 Customization
Every parameter of the strategy (strike, entry, levels, period) is customizable via input. The script’s behavior adapts in real time to the chart context and VIX conditions.
This indicator graphically and in real time displays the parameters of a Bear Put Spread strategy with active management and additional naked options. It is designed to provide a complete and immediate overview directly on the underlying chart.
🔹 Key Features
• Customizable entry point: can be specified by date and time, displayed with a vertical blue line and an “ENTRY” label.
• Automatic calculation of the management level: shown as an orange horizontal line at -13% from the entry price. When the price drops below this threshold:
• an alert is triggered
• an active management label appears
• Visualization of bought and sold options:
• Strike prices of Buy Put and Sell Put are drawn as horizontal colored lines (red and green)
• Strike of an extra sold Put (-23%) shown in purple
• “Today” line (dashed red or blue) with a day counter from the entry date
• Active period box: highlighted area between the entry day and today, visible across the chart
• Dynamic theoretical expiration (based on VIX):
• 60 / 30 / 15 days depending on the current VIX value
• Yellow vertical line with estimated date and descriptive label, always visible even if in the future
• Golden Scenario (optional):
• Analysis of % variation over a configurable number of days
• Icons 🟤 ⚪ 🟡 drawn on the chart to identify significant drops (-2% / -3% / -5%)
• Visual dashboard (optional):
• Fixed table at the bottom right with color-coded sections for:
• Bull Put: strike and expiration (12 months)
• Management Level
• Extra Sell Put: strike and expiration (9 months)
• Values rounded down and well-formatted for readability
⸻
🔧 Customization
Every parameter of the strategy (strike, entry, levels, period) is customizable via input. The script’s behavior adapts in real time to the chart context and VIX conditions.
Note di rilascio
⚠️ This script is deprecated and no longer maintained.Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.