vyacheslav.shindin

30 second turbo option strategy

Strategy 30 second turbo options.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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Want to use this script on a chart?
study("Rufey abracadabra yo!", overlay=true)

slow = 5
fast = 3

vh1 = ema(highest(avg(low, close), fast), 2)
vl1 = ema(lowest(avg(high, close), slow), 2)

//plot(vh1)
//plot(vl1)

// TEMA
e_ema1 = ema(close, 3)
e_ema2 = ema(e_ema1, 3)
e_ema3 = ema(e_ema2, 3)
tema = 3 * (e_ema1 - e_ema2) + e_ema3

// DEMA
e_e1 = ema(close, 5)
e_e2 = ema(e_e1, 5)
dema = 2 * e_e1 - e_e2

//plot(tema, color=orange)
//plot(dema, color=green)

h = sma(high-low, 3000)/3

// --
signal = tema > dema ? max(vh1, vl1) : min(vh1, vl1)
//plot(signal, color=red)
//plot(signal+h, color=red)
//plot(signal-h, color=red)

// --
is_call = tema > dema and signal > low and (signal-signal[1] > signal[1]-signal[2])
is_put = tema < dema and signal < high and (signal[1]-signal > signal[2]-signal[1])

plotshape(is_call ? 1 : na, title="CALL", color=green, text="CALL", style=shape.arrowup)
plotshape(is_put ? -1 : na, title="PUT", color=red, text="PUT", style=shape.arrowdown)