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SPX 0DTE Forecast Indicator by Alpha Crunching

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SPX 0DTE Forecast Indicator

This indicator is designed specifically for the SPX 5-minute chart and plots a forward-looking price projection for the current trading day.

🔹 Forecast Model Overview:
The forecast is built by analyzing SPX price action over the past month. The trading day is broken into 5-minute intervals, and the average net price movement (delta) is calculated for each interval. These deltas are then reassembled and accumulated to generate a full-day projection for each day of the week.

🔹 Usage:
Before the market opens, users can paste that day’s forecast data into the indicator input. Once the session begins, the forecast curve will be visible alongside live price action.

📌 Note:

This indicator is only compatible with the SPX 5-minute chart.

Forecast data must be entered manually each day.

No trading signals or automation are included.

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.