Most iron condor traders are flying blind. They pick a strike width, sell the spread, and hope the math works out over time — without ever actually testing whether it does.

This indicator changes that.

The Iron Condor Strategy Analyzer lets you run a full historical backtest of your condor parameters directly inside TradingView — no Python, no spreadsheets, no third-party tools. Set your entry time, exit time, expected move percentage, and risk/reward amounts, and the indicator simulates every trade across your chart history, tracking wins, losses, P&L, win rate, profit factor, and expected value in real time.

It supports both standard iron condors (profit from low volatility) and inverse condors (profit from big moves), with an optional VIX filter to test performance across different volatility regimes.

What's included: Access link to source code on TradingView. The link is not publicly available and cannot be found via search features. Complete PDF documentation: installation guide, parameter reference, and statistics breakdown.

Works on any ticker. Optimized for SPY, QQQ, and other liquid US equity options underlyings on 1-minute charts.

This tool simulates price-based outcomes and does not model options Greeks, IV, or bid/ask spread. Use for research purposes.

User note: recommend to have “extended hours” set even if trading only during regular hours due to certain TradingView limitations around closing and opening hour data displays.