Yogesh_Signal

This signal is to be plotted on the underlying symbol for which options can be sold for the the same.

• If signal line is raised with green color that means I can sell put options with proper hedging so that I will not loose more that 3% of my capital.
  
• Until the horizontal zero line is green one can stay in the position with bullish bias. If it turns red then one should exit position, and re-enter again if zero line becomes green
  
• If signal line is raised with red color that means I can sell call options with proper hedging so that I will not loose more that 3% of my capital.
  
• Until the horizontal zero line is redone can stay in the position with bearish bias. If it turns green then one should exit position, and re-enter again if zero line becomes red
  

Please make sure you do not bet more than 3% of your capital. I am not suggesting anyone to trade based on my indicator. It's for guidance and not to instruct you. All trade decisions are solely your's

Thanks,
Yogesh

Versionsinformation:

This signal is to be plotted on the underlying symbol for which options can be sold for the the same.

If signal line is raised with green color that means I can sell put options with proper hedging so that I will not loose more that 3% of my capital.
Until the horizontal zero line is green one can stay in the position with bullish bias. If it turns red then one should exit position, and re-enter again if zero line becomes green
If signal line is raised with red color that means I can sell call options with proper hedging so that I will not loose more that 3% of my capital.
Until the horizontal zero line is redone can stay in the position with bearish bias. If it turns green then one should exit position, and re-enter again if zero line becomes red

Please make sure you do not bet more than 3% of your capital. I am not suggesting anyone to trade based on my indicator. It's for guidance and not to instruct you. All trade decisions are solely your's

Thanks,
Yogesh

Versionsinformation:

This signal is to be plotted on the underlying symbol for which options can be sold for the the same.

If signal line is raised with green color that means I can sell put options with proper hedging so that I will not loose more that 3% of my capital.
Until the horizontal zero line is green one can stay in the position with bullish bias. If it turns red then one should exit position, and re-enter again if zero line becomes green
If signal line is raised with red color that means I can sell call options with proper hedging so that I will not loose more that 3% of my capital.
Until the horizontal zero line is redone can stay in the position with bearish bias. If it turns green then one should exit position, and re-enter again if zero line becomes red

Please make sure you do not bet more than 3% of your capital. I am not suggesting anyone to trade based on my indicator. It's for guidance and not to instruct you. All trade decisions are solely your's

Thanks,
Yogesh

Versionsinformation:

Updated additional filter condition

Versionsinformation:

Updated code

Versionsinformation:

This is updated

Versionsinformation:

updated