This is a short video showing you the progress I'm making on the MENT Pressure System for daytraders.
When I started this project, I was looking for a way to help daytraders understand trending, pullbacks, targets, and moderate price rotation.
I knew some of the techniques I use could help, but I wanted to create a visual solution to allow traders to SEE the opportunities, trends, and other setups. So, I decided to try to create my own solution.
After about 4+ days of coding and playing with PineScript (only putting about 1~2 hours a day into the project) - this is the current project and how it works.
The one thing I'm very pleased with is the Fibonacci Price Theory module. It does almost everything I wanted it to do right now.
Currently, I'm working on better identification of triggers, targets, pullback "Air" and other features.
I just wanted to show it off a bit and to highlight the new Adaptive MA system - which I think will help identify the missing components.
I welcome your feedback.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold