Using TMAD Scanner to Map Market Support and Resistance via Gamma Exposure
TMAD Scanner renders gamma exposure (GEX) overlays for intraday support and resistance mapping, per Traders Union coverage dated August 13, 2026.
Garrett Croft·updated August 15, 2026
The instrument targets active equity traders requiring dealer-positioning data beyond standard price-derived levels. Gamma exposure-based levels differ from pivot points and moving averages by referencing options-market maker hedging requirements.
Scanner Function and Output
- Outputs GEX values per listed ticker across user-selected timeframes.
- Marks support and resistance zones anchored to options market-maker positioning rather than historical price pivots.
- Integrates with chart layouts used for scalping and intraday execution setups.
- Operates alongside, not in place of, standard technical overlays.
Operational premise: when market makers hold large option inventories, their hedging flows create predictable buying and selling pressure at specific strike prices. TMAD visualizes those strikes as horizontal zones on price charts rather than deriving zones from prior price action alone.
Adjacent Tool Landscape
TMAD enters a defined scanner segment. TradingKey's August 13, 2026 release delivers a technical analysis module covering nine indicators (MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX, MA) across adjustable timeframes. TradingView shipped the Artemis Pro [ChartMystic] indicator on August 12, 2026. JournalArta logged JPM +0.87% intraday against a flagged resistance level on August 13, 2026.
Differentiation summary:
| Tool | Data Source | Primary Output |
|---|---|---|
| TMAD Scanner | Options chain gamma | Support/resistance overlays |
| TradingKey Indicators | Price series | Directional signals |
| Artemis Pro | Price series | Indicator values |
| JournalArta JPM note | Price action | Resistance level flag |
Unverified Parameters
- Asset coverage: undisclosed in available source material.
- Latency profile: not specified.
- API limits: not specified.
- Feed source: options-chain derivatives.
- Backtest accuracy and historical match rate against confirmed price reversals: unverified.
- Refresh interval: not disclosed.
Traders Union's reference is headline-level only. Full methodology, calculation model, and confirmed match rate between gamma-derived levels and price reversals remain pending vendor disclosure.
Verification Checklist
- Confirm gamma calculation model and refresh interval.
- Cross-validate GEX-defined zones against price-based pivots for confluence before triggering entries.
- Measure slippage on orders triggered at GEX levels versus orders triggered at price-derived pivots.
- Log drawdown metrics on test positions before scaling position size.
- Operator side: sustained screen exposure affects cognitive load and decision latency; standardized behavioral health frameworks for high-cadence traders are tracked at Health Leaders Pledge Greater Support for Behavioral Health.
Verdict: Inconclusive at headline stage. Adoption gates: disclosed methodology, verified latency profile, measured GEX-to-price-reversal match rate, documented API constraints, and confirmed feed coverage before size allocation.