QuantWheel
Delta exposure

DEX indicator for TradingView

Delta exposure answers a different question than gamma. The extension draws the DEX flip on its own layer, beside price and the GEX levels.

Add to Chrome (opens in a new tab)Get your key

Included in GEX + Wheel and Quant plans.

TradingView · SPY 5m · QuantWheel overlaylive
Call wall 630Gamma flip 620.5Put wall 615DEX flip 618

What it adds

Compare delta positioning with price

Delta exposure, or DEX, estimates the aggregate option delta across the modeled book. The DEX flip is the level where that net exposure changes sign. It sits on the chart as a line of its own, so you can see where it agrees with the gamma picture and where it does not.

The DEX flip

The level where net delta exposure changes sign, drawn as a line beside the GEX walls.

Its own switch

Turn the DEX flip on or off without removing the other layers.

Futures levels

With futures levels on, the DEX flip of SPX, NDX, RUT and DJX maps onto their futures contracts too.

How it works

Three steps

  1. Open the chart

    Pick a ticker. The extension follows the active symbol.

  2. Turn on the DEX flip

    Add the layer and keep the others off until you need them.

  3. Compare the structures

    Check where the DEX flip agrees with the gamma flip and where it differs.

Know the limit

DEX is a modeled exposure measure. A flip is research context, never a promise that price reacts there.

FAQ

Straight answers

DEX

No. It is QuantWheel's Chrome extension drawing on the tradingview.com chart, so it works with any layout and needs no Pine script. Install it from the Chrome Web Store, open a chart and paste your key.

DEX means delta exposure, the aggregate option delta across the modeled options book. It is not a crypto exchange.

No. DEX is about delta and GEX about gamma. The extension draws them as separate layers.

Compare related indicators

The same extension, the same key. Each page explains one indicator.

Gamma exposure

GEX indicator

The GEX histogram, call and put walls, the gamma flip and GEX history dots on your chart.Vanna exposure by strike and time

VEX heatmap indicator

Vanna exposure by strike and time behind the candles, plus Vanna markers on the expiration you choose.Options activity

Options flow indicator

Net, call and put premium flow in a band under the chart, at 30 second to 15 minute resolution.

Ready to see it on your chart?

Add the extension, paste your key once, and switch the layer on.

Get your key

Included in GEX + Wheel and Quant plans.