QQQ EOD Sentiment + Flip Points (3:55 ET) - Final Fix### QQQ EOD Sentiment + Flip Points (3:55 ET) — Overnight Swing Bias Helper
This indicator is designed for **QQQ overnight holds / short swing setups** where your decision is made **near the end of the trading day** (ex: around **3:55pm Eastern**) to decide whether you want to hold **calls or puts** into the next session.
It does **one job**:
**Turn end-of-day price positioning into a simple bullish/bearish “bias score”, and show the exact price distance needed to flip that bias.**
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## What the indicator is measuring (simple idea)
At the end of the day, you want to know:
* Did QQQ close strong relative to **yesterday’s range**?
* Did QQQ close strong relative to **yesterday’s close**?
* Did QQQ finish the day in the **upper part** of yesterday’s range (or the lower part)?
The indicator converts those answers into a **Score**, then labels the day as:
✅ **BULLISH**
✅ **BEARISH**
✅ **NEUTRAL**
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## What you see on the chart
### 1) Key levels from the previous day
The indicator plots important reference lines from the **previous trading day**:
* **Previous Day High**
* **Previous Day Low**
* **Previous Day Midpoint (50%)**
* **Previous Day Close**
* Optional “strength lines” inside the range (based on your thresholds)
These lines help you visually understand **where today’s price is sitting** compared to the prior day.
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### 2) A live Score + Sentiment (the “math”)
The indicator builds a score using 3 simple conditions:
**Condition A — Above/Below the 50% midpoint of yesterday**
* Above midpoint = bullish point
* Below midpoint = bearish point
**Condition B — Above/Below yesterday’s close (optional toggle)**
* Above yesterday’s close = bullish point
* Below yesterday’s close = bearish point
**Condition C — Close Location Value (CLV)**
This is just: *“Are we finishing near the top of yesterday’s range or the bottom?”*
* If price is high in the range → bullish point
* If price is low in the range → bearish point
Those points are combined into a **Score**, and once the score is high enough you get:
* **BULLISH**
* **BEARISH**
* or **NEUTRAL** if it’s mixed.
**Why this helps:**
It keeps you from guessing based on emotion into the close. You’re using a consistent checklist.
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### 3) Flip Points (this is the best feature)
The indicator calculates:
* **How many points QQQ would need to rise to flip bullish**
* **How many points QQQ would need to drop to flip bearish**
So instead of debating “it feels bullish,” you can say:
> “If price holds above this area, bias stays bullish.”
> “If price drops X points, bias flips bearish.”
This is especially helpful into **3:55pm ET** when price is still moving.
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### 4) Snapshot at 3:45 ET (15 minutes before close)
At **3:45pm Eastern**, the indicator stores a snapshot of:
* Score
* Sentiment
* CLV
That snapshot is saved for the day so you can compare:
* “What did the bias look like 15 minutes before close?”
* “Did price shift aggressively into the bell?”
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### 5) Decision Label at 3:55 ET
At **3:55pm Eastern**, it prints a label on the chart showing:
* Current sentiment + score
* CLV now
* Flip points to bullish/bearish
* The 3:45 snapshot results
This makes it easy to make a consistent end-of-day decision.
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## How to use it for a QQQ overnight swing
### My simple flow (new trader friendly)
1. Around **3:45 ET**, I check the Snapshot score/sentiment.
2. Around **3:55 ET**, I use the Decision label:
* If **BULLISH** → I’m leaning calls / bullish overnight bias
* If **BEARISH** → I’m leaning puts / bearish overnight bias
* If **NEUTRAL** → I usually avoid holding overnight unless I have another setup
3. I check the flip points:
* If price is close to flipping the other direction, I size smaller or pass.
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## Settings you can adjust
* **Score needed for Bullish/Bearish**
Higher = stricter signals, fewer trades
Lower = more signals, more noise
* **Include Previous Day Close**
Turn ON if you want the “above/below yesterday close” rule included.
* **Bullish / Bearish CLV thresholds**
Controls what counts as “strong finish near the top/bottom of range.”
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## When NOT to use this
* During major news events (CPI, FOMC, big earnings that impact markets)
* On extremely low volume holiday sessions
* If QQQ is inside a tight chop range and your score keeps flipping rapidly
This tool is **bias + structure**, not a guaranteed prediction.
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## Disclaimer
This indicator is for educational purposes only and is not financial advice. Trading involves risk and you are responsible for your own decisions. Always manage risk and position size appropriately.
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Indicateur Pine Script®






















