Jackpot_By_Rao_Gs_Swng_Pbls

🎯 Description

Jackpot_By_Rao_Gs_Swng_Pbls is a precision-based intraday and swing trading automation tool designed for NIFTY options, built to identify high-probability BUY CE and BUY PE opportunities.

The script automatically tracks ITM (In-the-Money) option pairs derived from the live NIFTY spot price and calculates breakout/breakdown setups based on recent swing highs and lows, EMA alignment, and RSI confirmation.

Once a valid breakout condition is met, the script generates:

Visual chart signals with complete trade details (Entry, Stop Loss, Targets)

Dynamic JSON alerts for webhook-based auto order placement

Automated trade management (Target, SL, and Exit logic)

It’s optimized for traders using Dhan API or compatible webhook integrations, enabling one-click or automated trade execution directly from TradingView alerts.

⚙️ Core Features

✅ Auto-calculates current ATM and ITM strike codes based on today’s open price
✅ Identifies breakout/breakdown trades from the previous swing levels
✅ Dynamic EMA-based trend filter (EMA 20 vs EMA 50)
✅ RSI check for directional strength (internally calculated)
✅ Full trade details shown on the chart with 5 target levels
✅ Auto JSON alert generation with webhook-ready payload
✅ Built-in Stop Loss and Exit handling logic
✅ Visual markers for CE (Green arrows) and PE (Red arrows)
✅ Adjustable parameters for expiry date, open price, and swing length



📈 Trade Logic Overview
🔹 BUY CE Condition (Bullish Setup):

EMA20 > EMA50 → Bullish trend confirmation

Spot closes below recent swing low

CE Option price below its recent high

Confirmation candle closes above previous open (if green) or above midpoint (if red)

🔹 BUY PE Condition (Bearish Setup):

EMA50 > EMA20 → Bearish trend confirmation

Spot closes above recent swing high

PE Option price below its recent high

Confirmation candle closes below previous close/midpoint depending on color

Each signal automatically plots a BUY label on the chart showing:

Entry Price

Stop Loss

Targets 1–5

Strike Code

Trigger Time |