PSP - Swing Point - Daye Quarterly Theory - 2 AssetsFollow me on Twitter @Crypto_MM_
This indicator detects divergences in candles across two closely related assets. For example, when NQ closes bullish and ES closes bearish these candles are coloured Orange. The colour can be changed in the settings.
In addition there is swing point detection. However, instead of displaying all of the swing points that occur, this indicator will only label those which occur on candles which show a divergence between two closely related assets.
These have been named Precision Swing Points, or PSPs, by Trader Daye and are a key part of his teaching on Quarterly Theory.
This works across all timeframes.
I am also planning to release two other verions:
- One which detects PSPs between 3 assets
- Another which detects PSPs that occur when assets 1 and 2 (NQ and ES, for example) diverge vs asset 3 (for example, YM). If NQ and ES both close bullish, but YM closes bearish, this will be labeled
Other indicators which are show on the chart below and are highly recommended for Quarterly Theory:
Quarterly Theory Smart Money Assistant - - by x.com
Triad QT Beta - - by @darkmiki2
Daye Quarterly Theory by toodegrees - - by toodegrees
ICT NWOG/NDOG - - by Fadi
ES 5m Chart vs NQ (above)
Notes:
- I recommend adding this script to both assets as one may be a swing point and the other not
- Candles which closes the same as what they open at are considered bullish
Daye
PSP - Swing Point - Daye Quarterly Theory - 3 AssetsFollow me on Twitter @Crypto_MM_
This indicator detects divergences in candles across three closely related assets in a 1vs1vs1 scenario. For example, when NQ and YM close bullish and ES closes bearish these candles are coloured orange. The colour can be changed in the settings.
In addition there is swing point detection. However, instead of displaying all of the swing points that occur, this indicator will only label those which occur on candles which show a divergence between three closely related assets.
These have been named Precision Swing Points, or PSPs, by Trader Daye and are a key part of his teaching on Quarterly Theory.
This works across all timeframes.
I have also created the same indicator in for two other scenarios:
- A 1vs1 scenario (for example, NQ vs ES), you can find that here:
- A 2vs1 scenario (for example, NQ and ES close bullish, but YM closes bearish):
Other indicators which are show on the chart below and are highly recommended for Quarterly Theory:
Quarterly Theory Smart Money Assistant - - by x.com
Triad QT Beta - - by @darkmiki2
Daye Quarterly Theory by toodegrees - - by toodegrees
ICT NWOG/NDOG - - by Fadi
Notes:
- I have not used this script. I use the other two listed above as it makes the chart less noisy. This has worked better for me than highlighting each and every candle that diverge across 3 assets
- Candles which close the same as what they open at are considered bullish
PSP - Swing Point - Daye Quarterly Theory - 3 Assets (2 vs 1)Follow me on Twitter @Crypto_MM_
This indicator detects divergences in candles across three closely related assets in a 2vs1 scenario. For example, when NQ and ES close bullish and YM closes bearish these candles are coloured teal. The colour can be changed in the settings.
In addition there is swing point detection. However, instead of displaying all of the swing points that occur, this indicator will only label those which occur on candles which show a divergence between three closely related assets.
These have been named Precision Swing Points, or PSPs, by Trader Daye and are a key part of his teaching on Quarterly Theory.
This works across all timeframes.
I have also created the same indicator in a 1vs1 scenario (for example, NQ vs ES), you can find that here:
I am also planning to release one other version:
- One which detects PSPs between 3 assets
Other indicators which are show on the chart below and are highly recommended for Quarterly Theory:
Quarterly Theory Smart Money Assistant - - by x.com
Triad QT Beta - - by @darkmiki2
Daye Quarterly Theory by toodegrees - - by toodegrees
ICT NWOG/NDOG - - by Fadi
Notes:
- I recommend adding this script on just one asset - I use it on YM or RTY
- Candles which close the same as what they open at are considered bullish
PSP [Daye's Theory]Precision Swing Point (PSP) is a distinct technical analysis tool designed to evaluate the price action of three synchronized tickers.
Once a crack in correlation is detected, the indicator will display a shape below the candle where the divergence occurs.
© 2025 Matan Amar. All rights reserved.
Correlated asset and Daye's Quarterly TheoryThis indicator is based on the Quarterly Theory concepts from Daye. You can find him mainly on X as traderdaye.
It works on a new panel and the quarters will be drawn over the chart of the correlated that you set on its settings.
You can use every asset to compare with the main one to make easier to find divergences between days, sessions and 90 minutes cycles.
In different timeframes, the indicator could show more or less information about quarters, but will always show the compared asset one. This is due to limitations of the candles start (for example, the Session's Q2 open won't be shown on an hourly chart because it starts after 30 minutes of candle's open).
What can this indicator do for you?
- Show the correlated asset chart.
- Show daily, session and 90 minutes cycle boxes.
- Show Midnight and every session's Q2 open.
- Make easier for the trained eye to determine if the model is AMDX or XAMD, find PO3, turtle soups, SMT divergences, etc.
Do you have any suggestion? Please, leave it on the comments. I'll try to improve this indicator regularly.
