Dynamic Levels (Basic Subscription)

Description

Note: This product is only available as part of the Basic Subscription package.

Enhance your trading strategy with Scalp Radar's dynamic market levels sent directly on your chart. This indicator will be periodically updated with new levels as we develop them.

The first market level provided by this indicator is the daily, weekly, monthly, and quarterly expected move. Based on the options market, these levels provide crucial insights into the estimated price ranges for popular symbols. 

We currently support: (Equities and ETFs only) SPY, QQQ, IWM, NDX, SPX, RUT, AAPL, MSFT, AMZN, GOOGL, META, TSLA, NVDA, NFLX, AMD, GLD, SLV, and TLT. 

It is not currently possible to calculate expected move levels for futures instruments since they don't have frequent options expirations. However, you can still view the equities levels on futures instruments with a few limitations. See our blog for more details.

Note: Only instruments with daily options expiration like SPY & QQQ contain daily and quarterly levels.

Dynamic Levels (Basic Subscription)

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Note: This product is only available as part of the Basic Subscription package.

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  • NinjaTrader 8
  • Subscription

Description

Note: This product is only available as part of the Basic Subscription package.

Enhance your trading strategy with Scalp Radar's dynamic market levels sent directly on your chart. This indicator will be periodically updated with new levels as we develop them.

The first market level provided by this indicator is the daily, weekly, monthly, and quarterly expected move. Based on the options market, these levels provide crucial insights into the estimated price ranges for popular symbols. 

We currently support: (Equities and ETFs only) SPY, QQQ, IWM, NDX, SPX, RUT, AAPL, MSFT, AMZN, GOOGL, META, TSLA, NVDA, NFLX, AMD, GLD, SLV, and TLT. 

It is not currently possible to calculate expected move levels for futures instruments since they don't have frequent options expirations. However, you can still view the equities levels on futures instruments with a few limitations. See our blog for more details.

Note: Only instruments with daily options expiration like SPY & QQQ contain daily and quarterly levels.

Expected Moves

The expected moves represent the anticipated price range which a stock or ETF is likely to trade as derived from the implied volatility in the options market. They are a forward looking indicator of where price is expected to finish between for that time period.

These levels are essential for identifying potential price movements and making informed trading decisions.

Configurable

Configurable

Place the levels on an chart. For example, put SPY levels on an ES chart. Use the multiplcation factor setting to shift the levels to the appropriate price range.

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