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Phoenix Gamma indicator 3.0 [DTC] Free

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🔍 Overview
The Phoenix Gamma Indicator 3.0 [DTC] Free is a manual gamma level plotting tool designed for traders who track and analyze options market exposure. The indicator allows you to overlay custom-defined Call Walls, Put Walls, and Zero Gamma levels on your chart, making it easier to visually anticipate areas of potential reversal, breakout, or liquidity retrieval.

📈 Key Features
🟨 Zero Gamma Level Plotting
Highlights key balance zones where dealer gamma flips — often signaling range contraction or shifts in volatility.

🔴🟦 Manual Call/Put Walls
Define and display up to 6 price levels marked as Call or Put Walls, representing expected areas of resistance or support based on high open interest.

🔂 Main Gamma Levels as Trade Zones
Use your manually plotted main gamma support and resistance levels as potential entry and exit zones, helping guide your decision-making on reversals, breakouts, or profit targets.

🧩 Flexible Labeling
Choose to display level labels on the left or right side of the screen for maximum visibility.

🎨 Line Style & Color Customization

Easily modify line color and style (solid, dashed, dotted) for each level type.

⏰ Timeframe-Smart Layout

Label offset logic dynamically adjusts based on the current timeframe (intraday vs. daily), maintaining a clean chart appearance.

⚙️ How to Use
In the settings panel, toggle each level you wish to plot.

Manually input the price level and assign its type (Call, Put, or Zero).

Adjust styling and label position to match your preference.

Use plotted levels to identify areas of interest for trade entries, exits, or risk management.

This is especially useful for traders who obtain daily options data externally and want to chart them on TradingView.

🧠 Use Case
Perfect for:


Gamma scalping and options flow trading

SPX/SPY/QQQ/NVDA/TSLA intraday and swing strategies

Traders who analyze open interest and gamma exposure manually


🧑‍⚖️ Disclaimer
This script does not automatically fetch or calculate data. All gamma levels must be manually entered. This indicator is intended for educational and informational purposes only and does not constitute financial advice. Use at your own discretion.
Sürüm Notları
Quick Fix

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.