Multi-Spread Strategy
Swing trade various option spread strategies
This indicator is built to highlight higher-quality spread opportunities on the 1-hour timeframe with extended hours enabled. It combines trend, momentum, volatility and volume concepts to generate either PCS (Put Credit Spread) or CCS (Call Credit Spread), calendars, iron condors and butterfly signals, then suggests a potential sell-leg zone based on recent price structure. A confidence percentage is also displayed.
Under the hood, the script uses a mix of tools such as RSI, MACD, ATR-based volatility, relative volume and multi-timeframe trend context (including higher-timeframe behavior) to filter out weaker environments. Signals are only allowed during regular trading hours, and are subject to internal cooldown rules to avoid over trading.
This indicator is intended for educational and informational purposes only. It is not financial advice and should not be used as a standalone trading system. Always apply your own analysis, risk management and position sizing.
- 24 days ago





