Invesco QQQ Trust, Series 1
Education
Updated

Direction Sentiment Indicator

1 727
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:

Directional Sentiment Line


Thanks for watching!
Note
Had to repost the indicator with description, please see the revised link below:
Note
Directional Sentiment Line
Note
Reference material for day trading:

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.