Tool Comparison 12 min read

Best GEX Indicators & Gamma Exposure Tools in 2026

Nine tools that draw dealer gamma levels, compared on the axes that actually differ: what the data costs, where the levels render, how often they refresh, and what you have to do yourself. We sell one of these tools, so read this as a vendor's map of the market — with the receipts on every claim, including the tools that are cheaper than ours and the ones that are free.

How to read this comparison

Every gamma exposure product is a bundle of three things: an options data feed, a calculation (net gamma per strike, walls, flip), and a rendering surface (your chart, their chart, or a dashboard). Most pricing differences come from the data feed, and most workflow differences come from the rendering surface. Keep those two axes in mind and the market sorts itself quickly.

Prices below were checked on each vendor's public pricing page — the research platforms on July 2, 2026, TrendSpider on August 10, 2026, GEXRadar on August 10, 2026. If a price has changed since, the vendor's page wins.

The quick picks

The comparison table

ToolPriceData included?Levels render whereNotable
GEX Levels (ours)$6.99/mo · $76.89/yrYesYour TradingView chart (Chrome overlay) + native ATASLocked-at-open snapshot, vanna/charm/vega walls, advanced opt-in layer (gamma voids, measured dealer flow, cross-asset confluence)
AlgoStorm GEX-LFree, open sourceNo — manual paste each sessionTradingView (Pine)The reference free script; renderer, not a data source
TanukiTradeFree Lite tier · paid tiersVaries by tierTradingView (Pine)Popular gamma toolkit with a genuinely usable free tier
TrendSpider Dealer GEX$5.99/mo add-on + platform planYesTrendSpider chartsCheapest paid entry — inside TrendSpider only
TLADe$9.99/moYesFour platformsLow-price multi-platform option
GEXRadar$49.99/moYesTradingView (Chrome overlay)3,500 tickers, ~2s refresh, vanna/charm/DEX
BackQuantPaid scriptsVariesTradingView (Pine)Quant-leaning TradingView script suite
SpotGamma$89/mo ($67/mo annual) → $299/moYesSpotGamma dashboardsThe research reference; proprietary models and commentary
MenthorQ$129/mo → $349/moYesPlatform + integrationsMulti-asset levels with broker/platform integrations

The free tier: AlgoStorm and TanukiTrade

If your budget is zero, start here. AlgoStorm's GEX-L is open source and draws the classic map — call wall, put wall, gamma flip — once you paste a formatted options-data string into the script each session. That manual step exists because Pine Script cannot reach the internet: every Pine-based GEX tool lives with it, and AlgoStorm is transparent about it. TanukiTrade's Lite tier removes some of that friction inside its own tooling. Both are real tools, not teasers. What you are paying other vendors for is the data feed and the automation of that daily step. We wrote a full comparison of the manual-paste trade-off in AlgoStorm vs GEX Levels.

The budget add-on: TrendSpider Dealer GEX Levels

At $5.99/month, TrendSpider's add-on is cheaper than anything else with data included — including us. The two constraints are structural: it requires a TrendSpider platform subscription underneath, and the levels live inside TrendSpider's charts. If TrendSpider is already your daily driver, this is the obvious pick. If your chart lives on TradingView, it isn't.

On-TradingView overlays: GEX Levels and GEXRadar

Two products draw dealer-positioning levels directly on your existing TradingView chart with data included, via a Chrome extension rather than a Pine script — which is what lets them ship the options feed built in.

GEXRadar ($49.99/mo) covers roughly 3,500 tickers with a fast (~2-second) refresh and draws vanna, charm and DEX alongside gamma. If you trade many individual names, that breadth is the argument.

GEX Levels ($6.99/mo — ours) goes the other way: depth on the index complex (NQ/ES futures via the QQQ/SPY option books) rather than breadth. The distinguishing choices: a locked-at-open session snapshot so your levels don't chase price intraday, second-order greek walls (vanna/charm/vega), an NDX institutional set beside the QQQ map, and a new advanced opt-in layer — gamma voids, absolute-gamma peaks, a dealer sign measured from classified aggressive flow rather than assumed by convention, cross-asset confluence between the QQQ and SPY books, expiry term structure and a multi-day GEX rank. Every family is off by default and reports "unavailable" rather than guessing. Full head-to-head in GEXRadar vs GEX Levels.

The research platforms: SpotGamma and MenthorQ

These are a different product category: dashboards, proprietary models, commentary and alerts — with chart levels as one output among many. SpotGamma (from $67/mo annual) is the reference name in dealer-positioning research; MenthorQ (from $129/mo) leans multi-asset with broker and platform integrations. If you want someone to interpret the gamma landscape for you every morning, this is that tier — at ten to twenty times the price of an overlay. If you only want the levels on your chart, you are paying for research you may not read.

What none of these tools do

None of the credible tools in this list — free or $349/month — turn gamma exposure into buy/sell signals, because the data does not contain a prediction. Dealer positioning describes where hedging flows concentrate: where moves tend to slow, where they tend to accelerate. That is context for a decision you make. Any product promising more than that from the same inputs is overpromising. (That posture is also why our own product is education-only by design.)

Bottom line

See the map on your own chart

Call Wall, Put Wall, Gamma Flip, second-order greeks and the advanced dealer-flow layer — drawn on the TradingView chart you already use. Context, never signals.

Start the 3-day free trial — $6.99/mo
Disclosure: GEX Levels operates the Indicator and Education Library products mentioned in this article, which is why the comparison names the tools that are cheaper than ours and the ones that are free. This article is educational content only — not investment advice, trading signals, or a recommendation to buy or sell any financial instrument. All third-party products are mentioned for comparison; verify current features and prices on each vendor's site. Options and futures trading involve substantial risk of loss.