SPY/QQQ Plan Your Trade - Building Solutions For Better Traders

20. JuliTo help as many traders as possible, I took on the task of trying to build a Daytrading Pressure monitoring system to identify better trends, pullbacks, and swing trade setups.

This example video was created after only about 5 hours of work on the script (debugging/testing), and I still have about 6+ more days of development before this script may be ready for public use, but...

Look at the results I've been able to achieve so far.

My work trying to recreate my Fibonacci Price Theory concepts is proving very valuable. I've created three unique FPT constructs (Standout, Unique, Ultimate), and I believe teaching this concept will greatly improve trading results for many people.

Next, I will work on my Pressure Indicator (near the bottom). Right now, it only reflects 3-bar rotations in pressure. I want it to be adaptive and dynamic, so I have some work cut out for me over the next 6+ days.

Ultimately, this tool (and others) could help thousands of traders better understand FPT and the scope of price moves at various intervals.

I aim to create a PineScript tool/utility to significantly improve traders' overall results.

I welcome any feedback you may have at this stage of development.

Get Some.

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