PROTECTED SOURCE SCRIPT
Aggiornato SSMT [jam]

🔷 Quarterly Theory SSMT based off of Daye's Quarterly Theory
This indicator detects Sequential SMTs between the charted symbols and up to two other correlated symbols using a hierarchical, time-based cycle system.
❓ What It Does
The script divides time into five nested cycles:
Within each cycle, it tracks price extremes for all selected symbols. When a cycle ends, it checks if the main index and comparison indices moved in opposite directions from their prior-cycle extremes. Matching opposite moves trigger a divergence signal.
Divergences appear as coloured extending lines connecting the prior and current extremes, with labels showing which symbols diverged.
⭐ Unique Aspects
🎀 Extensive Customization
🔨 How to Use
I personally apply it to NQ, ES, and YM (CFDs), but you can choose whichever symbols you trade/prefer. Divergence lines form at cycle boundaries:
Stronger signals occur when multiple cycle levels align. Always combine with your own analysis and risk management.
A highly configurable tool for spotting intermarket relative strength/weakness across multiple time scales.
This indicator detects Sequential SMTs between the charted symbols and up to two other correlated symbols using a hierarchical, time-based cycle system.
❓ What It Does
The script divides time into five nested cycles:
- Nano: ~5.625 min (double to ~11.25 min) – best on seconds charts
- Micro: ~22.5 min (double to ~45 min) – best on 1-minute charts
- 90m: 90 min (double to 180 min) – best on 5-minute charts
- Daily Session: 6-hour segments (double to 12-hour) – best on 15-minute charts
- Weekly: Day-based phases (Q1–Q5; doublable) – best on 60-minute charts
Within each cycle, it tracks price extremes for all selected symbols. When a cycle ends, it checks if the main index and comparison indices moved in opposite directions from their prior-cycle extremes. Matching opposite moves trigger a divergence signal.
Divergences appear as coloured extending lines connecting the prior and current extremes, with labels showing which symbols diverged.
⭐ Unique Aspects
- Covers five fractal levels from ultra-short nano to weekly
- Allows higher-timeframe divergences on lower charts (e.g., daily/weekly signals visible on 1m)
- Auto-adjusts so the charted symbol is always the primary reference
- Optional vertical dividers and fixed Q-labels for clear cycle timing
🎀 Extensive Customization
- Global controls: Toggle all divergences, dividers, cycle labels; universal label background, text colour, size, position (start/middle/end of line), and style (auto/up/down)
- Per-cycle settings (independent for Nano, Micro, 90m, Daily, Weekly):
- Show/hide the cycle's divergences
- Doubling option
- Separate bullish and bearish line colours
- Line width and style (solid/dashed/dotted)
- Divider colour, width, and style
- Toggle Q-labels
- Option to display this cycle's signals on lower timeframes
🔨 How to Use
I personally apply it to NQ, ES, and YM (CFDs), but you can choose whichever symbols you trade/prefer. Divergence lines form at cycle boundaries:
- Bullish divergence (typically lower low on main index but higher on others) → potential support/rotation higher
- Bearish divergence (typically higher high on main but lower on others) → potential resistance/rotation lower
Stronger signals occur when multiple cycle levels align. Always combine with your own analysis and risk management.
A highly configurable tool for spotting intermarket relative strength/weakness across multiple time scales.
Note di rilascio
v1.7.0 updates code to be ~30% shorter than v1.6.1I apologize for the delay of uploading this script 🙏
Have a Merry Boxing day!
Note di rilascio
After not touching this script for some time, I updated it:• Added togglable inverted SSMT for all 3 assets
• Added auto triads for:
• NQ, ES, YM (CME Futures- Minis/Micros, Pepperstone CFDs)
• EU, GU, DXY (Futures)
• DXY auto inverts
• ZN, ZB, ZF (Futures)
• Max lines per each unique cycle (input-able number value is likely to be a bit off due to what's in last set of brackets of this update description)
• +/-SSMT Label colours for each unique cycle
• Refined some code
• Crunched in about 6 hours of trying to figure things out one Saturday (today) 😅
I hope I didn't miss anything such as bugs or such because I don't really want to keep fixing stuff in here
(I am aware that some SSMTs don't display on some of the assets within the given triad, I don't know the cause of that as of right now)
Please enjoy, and have a good day! ❤️
Note di rilascio
v1.8.0In addition, here is a little description of what inverted (S)SMTs are:
• Some assets are inversely/dis correlated
• For example, if you look at
• Inverted (S)SMTs essentially take that inverted chart of DXY (or whatever asset you choose) and compare those "new" highs and lows for detection
Now I will be done adding to the description of the indicator 👋
Note di rilascio
Updated chart image to show symbol/timeframeScript protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
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Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.