OPEN-SOURCE SCRIPT

SPX to ES/MES

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**SPX to ES/MES Level Converter**

This indicator is designed for traders who work with SPX price levels but execute trades on ES or MES futures. It allows you to input SPX-based key levels—such as call walls, put walls, vanna/charm zones, volatility triggers, and profit targets—and automatically converts them into their real-time ES/MES equivalents.

### 📌 Features:
- Manual input of SPX levels (e.g. 5900, 5850, etc.)
- Live conversion to ES or MES levels using a dynamic spot ratio
- Plots include:
- 🟢 Call Wall
- 🔴 Put Wall
- 🟠 Vanna
- 🟣 Charm
- 🟡 Volatility Trigger
- ✅ Long Profit Targets
- ❌ Short Profit Targets
- Smoothing parameter to stabilize visual line display

### 🧠 How it Works:
- The indicator calculates a dynamic ratio between the ES/MES price and your manually input SPX spot.
- This ratio is applied to each SPX level to determine its corresponding ES/MES equivalent.
- It plots each line at its translated futures level so your chart reflects accurate futures-aligned decision points.

> Tip: Adjust the `Current SPX Spot` input daily to match live spot values for maximum precision.

This version does not include text labels on the chart. For a labeled version, check out the updated release with `label.new()` annotations for each level.

**Use case:** Great for traders who generate levels off SPX options flow, but execute on ES/MES contracts intraday.

Created by pogchamp99 | Inspired by SPY → ES conversion by ItsAnders81

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.