SPY/QQQ Plan Your Trade - 7-22 - Pressure System Improvements
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This is a short video showing you the progress I'm making on the MENT Pressure System for daytraders.
When I started this project, I was looking for a way to help daytraders understand trending, pullbacks, targets, and moderate price rotation.
I knew some of the techniques I use could help, but I wanted to create a visual solution to allow traders to SEE the opportunities, trends, and other setups. So, I decided to try to create my own solution.
After about 4+ days of coding and playing with PineScript (only putting about 1~2 hours a day into the project) - this is the current project and how it works.
The one thing I'm very pleased with is the Fibonacci Price Theory module. It does almost everything I wanted it to do right now.
Currently, I'm working on better identification of triggers, targets, pullback "Air" and other features.
I just wanted to show it off a bit and to highlight the new Adaptive MA system - which I think will help identify the missing components.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.