Best Put Call Ratio Indicator TradingView: Complete Guide to Market Sentiment Analysis
The put/call ratio (PCR) is one of those tools that gives you a real peek into the market's mood. On TradingView, it’s a favorite for tracking whether traders are feeling fearful or greedy by comparing the volume of put options to call options. In simple terms, it helps you sense when a trend might be getting overdone and could be ready to turn. Getting the hang of how to read it can really help you fine-tune your entry and exit timing.
