Direction Sentiment Indicator Education

Invesco QQQ Trust, Series 1NASDAQ

Description

⋅ Nov 27, 2022 3:47 AM

Here is a really simple SMA based indicator I developed to help me determine market direction.

This video is simply a tutorial on how I personally like to use it. The indicator is posted below:

tradingview.com/script/jc5sv5R5-Directional-Sentiment-Line/

Thanks for watching!

Comment

⋅ Nov 27, 2022 6:01 PM

Had to repost the indicator with description, please see the revised link below:

Comment

⋅ Nov 27, 2022 6:01 PM

tradingview.com/script/TqT9WE4n-Directional-Sentiment-Line/

Comment

⋅ Nov 27, 2022 6:27 PM

Reference material for day trading:

Technical Indicators

Comments

jonathanehutch

⋅ Dec 18, 2022 11:53 PM

Thank you, I have been using three EMA's like this for some time but this is much more concise. Thank you so much for giving this away.

Steversteves

⋅ Dec 19, 2022 12:23 AM

@jonathanehutch, That's great! Thanks for commenting! =)

IronMikeP

⋅ Nov 13, 2023 5:33 PM

@Steversteves, I love this indicator! One quick question, what do the green and red boxes signify?

Steversteves

⋅ Nov 13, 2023 6:11 PM

@AirBNBchampion, Target boxes :-)

IronMikeP

⋅ Nov 13, 2023 6:24 PM

@Steversteves, 10-4 Thanks!

gezilover

⋅ Jan 2, 2023 8:14 PM

Easy and looking quite applicable .Thanks for sharing

Sahni

⋅ Dec 1, 2022 1:18 PM

thanks for sharing...

dholsombeck

⋅ Nov 27, 2022 6:52 PM

As always good stuff!

raven551

⋅ Nov 27, 2022 1:26 PM

This is awesome, thank you so much!