Put Writing & Call Writing Indicator

This indicator will be a great addition to the Dhan’s Indicator Arsenal.
It greatly tracts the Put writing and call writing and shows right on the spot chart.

The Best Indicator in The Market For the Option Traders #nifty50emphasized text

tagging Dhan team for attention and reach @PravinJ @Naman @Hardik

I would not follow big sharks beyond scalping trades. Big sharks positions are beyond retailers understanding.

Won’t the OI and OI change% % in options give you the same idea?

Hi @nitishbangera, Yes, the OI change reflects the call/put writing in real-time.

However, we understand @Boom_Babish requirement to have this on charts as an indicator, we have shared the same with our team to evaluate this and our team is actively working to enhance your trading experience. stay tuned for more updates.

1 Like

Thank you. I see a good potential in this indicator. Looking forward for the release.

2 Likes

@Boom_Babish

Can you tell us if the indicator is available on TradingView open source? Also, if you can share the link of the indicator, that will be great.

1 Like

Its not open source @Hardik.

Hey @Boom_Babish

In that case, it becomes difficult for us to build the same on tv.dhan.co for two reasons:

  1. Not making open-source implies the creator would like to keep their indicator logic non-shareable
  2. Even if we try and replicate the indicator, there is no use for the same if the logic or usecase of the same is not available for all our users.

sure. no problem.