LebsGuide
How to use Lebs,
step by step.
45 articles written for people new to trading: what each screen is for, every control explained, how to read the numbers, common mistakes and the limits to know.
Getting started
5 articles- How Lebs is organizedA tour of the workspace: where things are, how to move around, and what each group in the sidebar is for.
- Workspaces: choose where to startHome brings the workspaces together, each with a small preview and the tools for that kind of work.
- Today: your daily starting pageOne page with the markets, your watchlist, your trade plans, your journal results, a coaching insight and the next lesson.
- Academy: learn as you goShort lessons with quizzes, a learning path from a quick assessment, guided simulations, a decision exercise and a glossary.
- This guideHow to use the guide you're reading.
Charting
7 articles- The Trading chart: first stepsOpen any US stock, ETF or coin, read a candle, move around the chart and save your work.
- Chart types: 21 ways to draw priceWhat each chart type shows and when it's useful.
- Indicators: 96 studies, and how to read the main onesAdd moving averages, oscillators, volatility bands and volume studies to any chart.
- Drawing tools: over 80 ways to mark up a chartTrend lines, channels, Fibonacci levels, patterns, measuring tools, shapes and notes.
- Bar replay, layouts and syncingReplay history bar by bar, and see several charts at once with linked symbols and crosshairs.
- Paper trading and alerts on the chartPractice orders without money, and get told when price crosses a level.
- Strategy tester, script editor, ideas, chart AI and journalWrite indicators and strategies in a Pine Script-style language, test them, save chart ideas, ask the AI about a chart and log trades to your journal.
Tickers
1 articleOptions and flow
10 articles- Live flow: follow the moneyOptions trades in four tabs: Feed (the latest sample session with all 24 filters), Historical (any span of the 60 sample sessions), Unusual (prints that stand out, with the reasons) and Interval (premium per ticker in time buckets).
- Options screener: find contractsEvery contract in the sample option chains for the tickers and session you pick, most active by volume first, with volume, open interest, OI change, volume/OI, IV, premium, % change, bid/ask and delta, and filters for each.
- Contract lookup: find and check option contractsType a ticker and pick from its contracts, or type a whole contract such as “SPY 11/20 580C”, and see its price, bid and ask, volume, open interest, IV, Greeks and its trades in the sample session. Open interest lives here too.
- Net flow: which way the premium leansNet call and put premium for each ticker in your watchlist; Market Tide and Net Tide through the session and at each session's close; then Net Drift, Net Flow by ticker, interval maps and volatility on the sample session.
- Open interest: where contracts pile upBy strike: the contracts table sorted by open interest, with the change since the session before. Changes: the biggest day-over-day increases and decreases, with both snapshot dates.
- Gamma terminal: know your levelsOne screen with the call wall, put wall, gamma flip, open-interest walls and IV zone drawn on the sample candles, a major-levels table, a plain-English positioning line, net drift, and GEX, DEX, VEX and CHEX by strike. Estimated from the sample option chain.
- Profit calculator: model a strategyBuild option and stock legs, compare expiry payoff with modeled value before expiry, and share the inputs in a link.
- Gamma Market: dealer exposure across tickersTotal GEX, DEX, vanna and charm across the sample option chains, with gamma by strike or distance, by expiration, by ticker, and as a 3-D surface.
- Read gamma exposure by strike and expirationCompare the sample chain across strikes and expirations on a dedicated heatmap, with a number printed in every cell.
- Option contract charts: price, quotes and activityA price chart for one option contract, under Ticker › Options chain. Pick a bid or ask in the chain, or type any contract.
Markets
8 articles- Screener: find what's movingFilter US stocks and ETFs in a table, heatmap, or grid of daily candle charts, or screen the 250 largest coins. Select a symbol to chart it.
- Watchlists: keep your focusThe symbols you follow, with their prices and their activity in the sample options flow.
- Sector rotation: where strength is buildingThe Rotation Map plots eleven sector funds by strength and momentum against SPY, from real daily closes, with trails showing direction, daily or weekly, and a performance table under it. Without real stock prices it falls back to a labeled illustrative map.
- Market overview: the sample session at a glanceIndices, sector heat, the biggest options trades, key levels, your watchlist and a Lebs AI preview, in six equal panels that fit one screen.
- Ticker Seasonality: how a symbol has done in each monthCalendar-month returns over YTD, 1, 3, 5 or 10 years or all history, with average or median, how often each month rose, the best and worst year, weekdays, quarters and yearly totals.
- Dark pool: trading off the exchangesReal FINRA data on shares traded away from the public exchanges: a summary row first (off-exchange share, short share, volume, z-score and the top dark pools), then the daily chart and the long tables.
- Market flow: options across the whole marketOptions activity for the whole market instead of one ticker, on the sample sessions: Tide (net call and put premium), Put/call (three ratios, through a session and across sessions) and Volume (by expiration and by distance from the stock price). Every number is labeled Sample.
- Economy: indicators and futures positioningThe main US economic numbers in one place (rates, inflation, jobs, growth, money supply) from government data, plus a weekly view of how big speculators and hedgers are positioned in 19 futures markets.
Lebs AI
1 articleYour trading
10 articles- Trade plans: plan the trade, then trade the planTurn an idea into a written plan, test it on past prices, size it from your risk, paper-trade it and review it, all in one place.
- Journal: learn from your own tradesLog or import every trade, then see your results on a dashboard, in 18 kinds of report, by playbook and by day, with coaching that spots habits like revenge trading and holding losers.
- Backtest: practice trading on past candlesReplay any past day one candle at a time, trade it with paper money, and see how you did against simply buying and holding. Or take a random day with the name hidden.
- Team: share and argue with your trading groupA shared space for a trading club, a class or a few friends: watchlists, trade plans, research notes and investment theses that everyone in the team can read, comment on and vote on.
- Journal Trades: entries, details, and importsLog or import trades, review their price path, and keep screenshots and written reviews with each entry.
- Journal Reports: groups, comparisons, and evidenceCompare journal performance by setup, ticker, weekday, playbook, tags, and other recorded fields.
- Journal PlaybooksWrite reusable strategy rules and review their linked trade results.
- Journal DailyPrepare a session, save a daily recap, and review your consistency.
- Journal NotebookWrite, search, and file plans, recaps, reviews, and notes linked to your trades.
- Journal RiskMeasure value at risk, stress tests, drawdowns, budgets, and portfolio plans on the holdings you enter.
Settings
3 articles- Settings and workstation toolsYour account, display options, workspace snapshots, data sources, and power tools: workflows, shortcuts, linked windows, a clipboard and offline reading.
- Server alerts: price, flow, gamma, and rotationSave rules, test them on sample sessions, and manage delivery channels while Lebs is closed.
- Appearance and shared controlsChoose Light, Dark, or System and recognize the controls used across your trading workspace.