Custom GEX + ATASX Indicator | Gamma Exposure | Orderflow for Mac | GexBot

What is going on everyone? So, finally getting around to the GEX levels indicator video that I've been promising everyone. Um thank you so much for all the questions and I've taken this video and I'm going to split it into different chapters uh because I do want to spend time actually going through what GEX is. And so, I have a presentation that kind of walk through. Um if you already know what GEX is, you can kind of fast forward through that . But the chapters that I'll have in this video are going to be the overview of GEX. It's going to be the overview of the indicator. So, we'll walk through this page [music] and then kind of demo the indicator. And then I'll talk a bit more about how I use the indicators in my trading. [music] And um yeah, so if you uh if you need to skip through some sections, feel free to do that. Um but I would love for you to kind of stick around and watch the whole thing. Uh I learned a lot as I was putting together the presentation here. [music] And um you know, hopefully you'll get some value out of this. Uh so, with that, let us kick over to the presentation. Okay, so this is the presentation I put together. Um This is not meant to be like a comprehensive deep dive into GEX. There's [music] a lot that you can learn. Um but I just wanted to touch on the core concepts, but go a little bit deep so you can kind of understand the mechanics. [music] Um at least as I understand it. And um you know, I'm open to GEX experts out there, you know, [music] post some comments and let us let me know if there's anything I miss. So, the first concept is a market maker. So, these are or you might hear them be called as dealers, right? So, they're options dealers. [music] And so, their their job is basically to take every trade, right? So, if you buy a call or a put, they have to sell you that call or put. Like that's their job. They don't have a choice. They're making the market. [music] And um that's that's just what they do, right? And their whole job is to just stay neutral. [music] So, they don't care if prices go up, they don't care if prices go down, right? So, they don't think binary. [music] They don't think like up or down. They just think in terms of volatility. They think in terms of exposure. And so, they don't care about direction. Um you know, as soon as they sell an