This indicator calculates and plots a session-based volume profile directly on the price chart. It maps volume distribution across price levels, highlighting key structural reference points including the Point of Control, Value Area High, and Value Area Low. C
Indicator · Pine Script v5 · On the chart
Moon Dev GEX Arrows
This overlay indicator plots option strike walls and an optional session VWAP on the price chart for SPY or ES.
GitHub stars92on the repository
Pine versionv5runs as is
Lines of code149
Settings12inputs
LicenceCustom licence
Last update8 weeks ago30 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Moon Dev GEX Arrows spaces major strikes by the selected instrument, draws a set number of strikes on each side, and marks wall-trap and sweep events after a cooldown. Settings change strike spacing, lookback windows, pivot length, regular-trading-hours filtering from 09:30 to 16:00 ET, and whether a wall trap requires below-average volume. No stop, exit, or position rules are defined because it is an indicator.
- SPY and ES strike spacing
- Option walls on both sides
- Optional session VWAP
- Wall trap and sweep signals
- RTH and volume filters
Details
Published by
moondevonyt on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Sessions & time, Volume
Markets
Stocks, Indices
Timeframes
M15-H1
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Instrument | string | SPY | instSel |
| SPY strike spacing | float | 5.0 | spyMajor |
| ES strike spacing | float | 25.0 | esMajor |
| Strikes drawn each side | int | 3 | numStrikes |
| Trap pierce lookback (bars) | int | 2 | trapWin |
| Sweep window (bars) | int | 2 | swpWin |
| Sweep pivot lookback | int | 5 | pivLen |
| Cooldown between signals (bars) | int | 5 | cooldown |
| Only fire during RTH 09:30-16:00 ET | bool | true | rthOnly |
| Wall trap requires below-avg volume | bool | true | needVol |
| Show session VWAP | bool | true | showVwap |
| Show option walls | bool | true | showWalls |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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