| Line | What it marks |
|---|---|
| Zero GEX | The gamma flip point. Above it, dealers are long gamma — they buy dips and sell rips, suppressing volatility (range-bound behavior). Below it, dealers are short gamma — they chase moves, amplifying volatility (trending behavior). |
| Call Wall 1 | Strongest positive GEX strike above Zero GEX. Heavy call open interest creates dealer short-gamma concentration here — tends to act as resistance or magnet depending on GEX regime. |
| Call Wall 2 | The second-largest call GEX concentration above Zero GEX. Useful for setting targets or identifying where a rally may slow. |
| Put Wall 1 | Strongest negative GEX strike below Zero GEX. Heavy put concentration — acts as a support floor in positive GEX regime, or accelerant in negative GEX regime. |
| Put Wall 2 | The second-largest put GEX concentration below Zero GEX. Watch for bounces or breakdown acceleration near this level. |
When a level from Source A (index) and a level from Source B (ETF) land within the confluence tolerance of each other, a shaded band is drawn between them. These zones represent agreement between two independent options markets and tend to offer stronger support/resistance than either level alone. The tolerance is instrument-specific: 50 pts for NQ, 10 pts for ES, 5 pts for GC.
The info box sits in a corner of the chart (configurable). It shows two source blocks — one per data source — each updated on every API refresh. Choose Detailed mode for the full breakdown, or Summary mode for a 2-line-per-source compact view.
| Field | What it means |
|---|---|
| Zero GEX | The gamma flip price from the API. In Summary mode, Distance shows how far the current chart price is from Zero GEX, signed (+ = above, − = below). |
| Vol GEX / OI GEX |
Aggregate gamma exposure by volume and by open interest. Positive (+) → ↓ dampens — dealers are long gamma, hedging suppresses moves. Negative (−) → ↑ amplifies — dealers are short gamma, hedging accelerates moves. |
| ⚡ VOL/OI DIVERGENCE | Shown in Detailed mode when Vol GEX and OI GEX disagree in sign. Means the market is in transition — positioning is mixed and the regime is less reliable as a directional filter. |
| Stable / Unstable | Summary mode only. Stable = Vol and OI GEX agree in sign (consistent regime). Unstable = they diverge (mixed signal). Line color: green (positive+stable), red (negative+stable), yellow (unstable). |
| Delta Bias / Bias | Derived from the options delta risk reversal. ▲ calls favored = call skew is higher, market leans bullish. ▼ puts favored = put skew dominant, market leans bearish. |
| ×22.0841 | The live ratio used to convert QQQ/SPY/GLD prices into futures price space. Shown on the source B header line. Updates every refresh cycle. |
| [09:47:22] | Local time of the last successful data fetch for that source. If this timestamp stops updating, the API connection has stalled — check your API key and internet connection. |
GEXBot does not publish a GC futures ticker. Instead, GLD (SPDR Gold Shares ETF) data is used as a proxy, and every level is converted into GC futures price space using a live ratio:
Why this works: GLD tracks ~0.0919 troy oz of gold per share (slightly less than the original 0.10 oz due to annual expense-ratio accrual).
The ratio automatically accounts for this drift and for the GC futures basis (contango or backwardation vs. spot gold) —
because the GC chart price already reflects the current front-month basis.
This is the same methodology used by professional TradingView gold converters.
Important: The ratio is recalculated on every rendered frame using the most recent bar close —
not just on API polls. This keeps GC levels pinned to their correct price even as GC moves intraday.
| Setting | Default | What it controls |
|---|---|---|
| 1. Connection | ||
| API Key | — | Your GEXBot custom API key. Required — the indicator shows "Enter API Key" until this is populated. Get yours at gexbot.com. |
| Refresh Interval (secs) | 30 | How often the indicator polls GEXBot for updated levels. Minimum 10 s, maximum 300 s. GEX levels typically update every few minutes during market hours — 30 s is a good balance. |
| Expiry Period | Zero |
Which options expiration window GEX data is aggregated across: Zero — 0DTE only. Options expiring today. Most reactive to intraday price movement. Best for scalping and intraday sessions. Next Expiry — The following expiration date. Broader positioning than 0DTE, less noise. Full — All expirations combined. Represents the entire options complex. Levels tend to be stickier and move less intraday — better for swing-level context. PND Combined — Polls all three periods simultaneously and draws only levels that are confirmed across two or more expiry windows. Confirmed strikes are displayed as bold lines with a ✦ prefix and a label showing which periods agreed — e.g. ✦ 0DTE+NXT Major+1 or ✦ 0DTE+NXT+FULL Zero. If a strike only appears in one period it is ignored; the chart stays clean and only high-conviction confluences are shown. The info box displays a per-period poll status (0DTE:✓ NXT:✓ FULL:…) while data loads.
|
| Max Major Levels Per Side | 2 | How many call walls and put walls to draw. 1 = only the strongest level each side. 2 = top two. Max 5. More levels = more lines on the chart; start with 2 to keep it readable. |
| Documentation | read-only | Displays the URL for this reference page directly in the indicator settings panel — indicators.profitnotiondaily.com/pnd-gexbot |
| 2. Source A (index) — NQ_NDX / ES_SPX / GLD | ||
| Enabled | true | Toggle the index source lines on/off without disconnecting the data feed. Useful for temporarily hiding one layer. |
| Zero Line Color | varies | Color of the Zero GEX line for Source A. Default is a semi-transparent white for all instruments. |
| Call Wall 1–3 Color | greens | Colors for the first, second, and third call wall lines. Call Wall 1 is the strongest. Default palette uses progressively darker greens. |
| Put Wall 1–3 Color | reds | Colors for put wall lines. Put Wall 1 is the strongest. Default palette uses progressively darker reds. |
| 3. Source B (ETF) — QQQ / SPY [NQ & ES only] | ||
| Enabled | true | Toggle the ETF source lines on/off. The GC indicator has no Source B — this group is hidden. |
| Zero / Call / Put Colors | varies | Same structure as Source A but for the ETF layer. Source B lines use slightly different alpha values to visually distinguish them from the index layer at a glance. |
| 4. Display | ||
| Zero Line Width | 1 | Pixel width of the Zero GEX line. Range 1–8. The Zero line is the most important — some traders prefer 2–3 px to make it stand out from the major walls. |
| Major Level Line Width | 1 | Pixel width of call and put wall lines. Range 1–4. |
| Show Labels | true | Toggle price labels on each level line (e.g., "NQ Major+1", "QQQ Zero"). |
| Show Info Box | true | Toggle the on-chart GEX summary overlay entirely. |
| Highlight Confluence Zones | true | Draw a shaded band between Source A and Source B levels that fall within the confluence tolerance. Disable to reduce visual clutter. |
| Confluence Tolerance (points) | NQ 50 / ES 10 / GC 5 | Maximum price distance between a Source A and Source B level for them to count as a confluence zone. Pre-set by instrument — adjust if you want tighter or looser zones. |
| Show Ratio Debug in Info Box | false | When enabled, appends raw ratio components to the info box (e.g., "Chart px: 3,450.1 / GLD spot: 315.22"). Useful for verifying the GC conversion is correct. |
| Info Box Mode | Detailed | Switch between Detailed (5–6 lines per source) and Summary (2 lines per source). See the mode section above. |
| Info Box Position | TopRight | Corner of the chart where the info box is anchored. Options: TopLeft, TopRight, BottomLeft, BottomRight. |
| 5. Alerts | ||
| Alert on Index Zero Gamma Cross | false | Fire an ATAS alert when price crosses the Source A Zero GEX level. Useful for catching gamma flip events without watching the chart. |
| Alert on ETF Zero Gamma Cross | false | Same as above but for the Source B (ETF) Zero GEX. On NQ, this alerts on QQQ's Zero crossing projected into NQ price space. |
| Characteristic | NQ | ES | GC |
|---|---|---|---|
| Index source | NQ_NDX (Nasdaq 100) | ES_SPX (S&P 500) | GLD proxy (Gold ETF) |
| ETF source | QQQ | SPY | None — single source |
| Price conversion | QQQ × ratio → NQ pts | SPY × ratio → ES pts | GLD × (GC/GLD) → GC pts |
| Ratio updates | On each API poll | On each API poll | Every render frame — GC price changes tick-by-tick |
| Confluence tolerance | 50 pts | 10 pts | 5 pts |
| Confluence zones | Index vs ETF levels | Index vs ETF levels | N/A — single source |
| Best used on chart | NQ1! / NQ futures | ES1! / ES futures | GC1! / GC futures |
All requests are serialized through a shared gate with a 400 ms gap between calls — preventing the GEXBot API rate limiter from triggering when multiple indicators (NQ + ES + GC) are all on the same chart and their timers fire simultaneously.