PSP - NQ ES YM

The PSP - NQ ES YM indicator tracks the price movements of the NQ, ES, and YM futures to identify correlation and divergence between them.
🔸 Orange dot (above candle) → When NQ and ES have opposite trends (one up, one down).
🔹 Blue dot (below candle) → When YM differs from either NQ or ES, but NQ and ES are aligned.
🟠🔹 Both dots on the same candle → When NQ and ES differ, and one of them also differs from YM.
🟢 Green dot (above candle at 12 AM NY time) → Marks the daily open at 12 AM New York time.
This helps traders spot market divergence patterns between major indices and potential trading opportunities. 🚀
🔸 Orange dot (above candle) → When NQ and ES have opposite trends (one up, one down).
🔹 Blue dot (below candle) → When YM differs from either NQ or ES, but NQ and ES are aligned.
🟠🔹 Both dots on the same candle → When NQ and ES differ, and one of them also differs from YM.
🟢 Green dot (above candle at 12 AM NY time) → Marks the daily open at 12 AM New York time.
This helps traders spot market divergence patterns between major indices and potential trading opportunities. 🚀
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.