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The dealer levels, each label riding on its line: Call Wall / CW 0DTE 29013.34, EM High 28865.40, EM Low 28535.10, PW 0DTE 28483.73 and Max Pain 28460.70.

Chart pictures are illustrations of the software, not a performance record. Futures trading carries substantial risk of loss and is not suitable for every investor, and hypothetical or simulated results have inherent limitations that may differ materially from live trading. Risk disclosures.

Why you need it

The levels that quietly govern a session's movement — dealer hedging walls, the flip point where hedging behavior reverses, the strike price pulls toward — are widely watched and usually cost a subscription to see. DS GEX computes them itself: put it on a chart and it fetches the delayed option chain for that market in the background, converts every level to your chart's own prices, and draws them — no subscription, no pasting numbers in, no setup.

On the chart

Put it on NQ, ES or gold and it fetches the delayed option chain, works out every level in the background, and draws them.

  1. 01Call Wall and Put Wall, plus 0DTE walls for today's expiry
  2. 02Gamma Flip — solved by recomputing gamma across a grid of spot prices, not guessed
  3. 03HGEX, Max Pain, ranked G+ / G- strikes
  4. 04An Expected Move band and an ATR grid off the session open

Before you buy

What it needs, where it runs, and what it is not.

Where it runs

Markets

Nasdaq-100, S&P 500 and gold

  • Nasdaq-100 — runs on itNQ · MNQ
  • S&P 500 — runs on itES · MES
  • Gold — runs on itGC · MGC

It computes its levels from the NDX, SPX and GLD option chains and draws them on these futures, on NDX and SPX index charts and on spot gold. Any other symbol, ETFs included, draws nothing.

What it reads

Cboe's delayed option chain for NDX, SPX or GLD, fetched in the background, scaled to the chart by the basis. Internet access; no data subscription.

NinjaTrader 8 · 8.1.8.1 or newer. Everything runs on your machine, on your own data feed.

Good to know

The map is captured at two fixed times a day and then held still — a manual levels override is included too.

DS Universe tools are charting and research software for educational and informational purposes. They are not investment advice and no output is a forecast or a guarantee of any result. Trading futures and other leveraged instruments carries substantial risk of loss and is not suitable for every investor.

NinjaTrader

Test it on your own charts first.

Four screenshots and a paragraph are not enough to judge an indicator on. Watch it work in your own instrument, on your own timeframe, before it goes anywhere near a live account. Both ways of doing that are free.

  1. 01

    Replay a session you have already seen

    Market Replay runs a past session back tick by tick, at whatever speed you like. You get to watch DS GEX print in conditions you remember, and pause on the bars where it mattered.

  2. 02

    Then trade it forward, on the simulator

    Replay shows you the past with the ending already known. The simulator does not — it runs live, in real time, on real prices, with nothing at stake. That is where you find out whether you can actually act on what you are seeing.

A simulated fill is not a live fill. Replay and the simulator cannot reproduce real queue position, slippage, or what it feels like to hold a position with money on it, and results from either may differ materially from live trading. Test to learn how a tool behaves — not to estimate what it might return.

See it work

DS GEX, moment by moment

The conditions DS GEX is built for, drawn by its shipped rules. Scroll and scale it like a chart, replay it bar by bar, jump between its moments, or switch the chart to light.

DS Replay examples are illustrative: each scenario is composed for the example from recorded one-minute futures candles, to show the conditions a tool is built for, and is not a recording of a trading session. The tool drawing on it runs its shipped rules unchanged. They show how the software reads price; they are not a performance record, no trade is taken or shown, and live markets often behave differently. Futures trading carries substantial risk of loss and is not suitable for every investor, and hypothetical or simulated results have inherent limitations that may differ materially from live trading. Risk disclosures.

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