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Credit Spreads Signals — 1H Only

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Overview
A n easy to use indicator that scans 1-hour charts to identify higher-probability credit-spread setups. The indicator combines momentum, trend and volatility signals with volume confirmation and multi-timeframe trend checks to produce a compact “signal + recommended sell leg” table and on-chart markers. Designed for swing-style option sellers who prefer fewer, stronger setups.

What it does
• Detects directional setups on the 1H timeframe and issues a PCS (put credit spread) or CCS (call credit spread) signal.
• Recommends a sell leg level (displayed in the table and optionally drawn on chart).
• Uses a blend of common market inputs (momentum, trend, ATR-based volatility and relative volume) plus higher-timeframe confirmation to filter noise.
• Built-in safety checks: extended-hours detection, ticker preset matching, one-signal cooldown logic and last-hour suppression on 1H charts.

Key features
• Compact table view with current signal, recommended sell leg, average spacing between signals, and recent crossing statistics.
• Per-ticker preset tuning for common tickers (Auto or specific preset).
• Optionally draw the recommended sell leg on the chart.
• Works with extended hours enabled; warns if chart/timeframe/preset mismatch prevents signals.
• Closed-source: algorithmic details and exact parameter values are proprietary.

How to use

Apply on a 1H chart (required for live signals).

Enable extended hours on your chart to allow signal generation.

Optionally select a preset ticker or leave set to Auto. Note: Auto will have a lower accuracy.

Use the table to see the current signal and recommended sell leg; combine with your risk management and execution process.

Limitations & important notes
• This is a signal helper — not a full trading system. Always use your own sizing, risk controls, and exit rules.
• The indicator is closed-source / inner workings and exact parameter values are proprietary.
• No performance guarantees. Past signals do not ensure future results.

Disclaimer
Not financial advice. For educational and informational purposes only. Trading involves risk — you may lose money. Do your own research and consult a licensed professional if needed.

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