SSMT [jam]

il y a 3 jours

🔷 Quarterly Theory SSMT based off of Daye's Quarterly Theory

This indicator detects Sequential SMTs between the charted symbols and up to two other correlated symbols using a hierarchical, time-based cycle system.

❓ What It Does
The script divides time into five nested cycles:

• Nano: ~5.625 min (double to ~11.25 min) – best on seconds charts
  
• Micro: ~22.5 min (double to ~45 min) – best on 1-minute charts
  
• 90m: 90 min (double to 180 min) – best on 5-minute charts
  
• Daily Session: 6-hour segments (double to 12-hour) – best on 15-minute charts
  
• Weekly: Day-based phases (Q1–Q5; doublable) – best on 60-minute charts
  

Within each cycle, it tracks price extremes for all selected symbols. When a cycle ends, it checks if the main index and comparison indices moved in opposite directions from their prior-cycle extremes. Matching opposite moves trigger a divergence signal.
Divergences appear as coloured extending lines connecting the prior and current extremes, with labels showing which symbols diverged.

⭐ Unique Aspects

• Covers five fractal levels from ultra-short nano to weekly
  
• Allows higher-timeframe divergences on lower charts (e.g., daily/weekly signals visible on 1m)
  
• Auto-adjusts so the charted symbol is always the primary reference
  
• Optional vertical dividers and fixed Q-labels for clear cycle timing
  

🎀 Extensive Customization

• Global controls: Toggle all divergences, dividers, cycle labels; universal label background, text colour, size, position (start/middle/end of line), and style (auto/up/down)
  
• Per-cycle settings (independent for Nano, Micro, 90m, Daily, Weekly):
  
• Show/hide the cycle's divergences
  
• Doubling option
  
• Separate bullish and bearish line colours
  
• Line width and style (solid/dashed/dotted)
  
• Divider colour, width, and style
  
• Toggle Q-labels
  
• Option to display this cycle's signals on lower timeframes
  

🔨 How to Use
I personally apply it to NQ, ES, and YM (CFDs), but you can choose whichever symbols you trade/prefer. Divergence lines form at cycle boundaries:

• Bullish divergence (typically lower low on main index but higher on others) → potential support/rotation higher
  
• Bearish divergence (typically higher high on main but lower on others) → potential resistance/rotation lower
  

Stronger signals occur when multiple cycle levels align. Always combine with your own analysis and risk management.
A highly configurable tool for spotting intermarket relative strength/weakness across multiple time scales.

il y a 3 jours

Notes de version

v1.7.0 updates code to be ~30% shorter than v1.6.1
I apologize for the delay of uploading this script 🙏
Have a Merry Boxing day!