This NEW Session Indicator Is Actually Genius — Transcript

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1. 0:00So now, not only can I see volume, but I
2. 0:02can see when sellers hand over control
3. 0:04to buyers in real time. Price breaks
4. 0:06above that moving average, you'll notice
5. 0:08sometime there's [music] a spike in
6. 0:10volume. And if this happens also while
7. 0:12we're inside the high volume node,
8. 0:14there's a strong chance that the
9. 0:15market's going [music] to continue to
10. 0:16rally. Woke up with the idea for this
11. 0:18indicator this morning, and I was able
12. 0:19to build it [music] in 10 minutes. Now,
13. 0:21I can't say this enough. Quant is by far
14. 0:23the best AI for building all trading
15. 0:26strategies [music] and indicator that's
16. 0:27currently available. Outperforming
17. 0:29Claude, chat GPT, every other model. As
18. 0:31you describe in this chat interface what
19. 0:33indicator that you want, once it builds
20. 0:36it and you have the code, you can run it
21. 0:37here locally, or [music] you just copy
22. 0:39the code, go over to TradingView, paste
23. 0:41it in the Pine editor, and then add it
24. 0:43[music] to your chart. Now, there's a
25. 0:44couple components to this indicator, so
26. 0:46let's talk about it. First, we have this
27. 0:48moving average that also has volume
28. 0:51being plotted on it that only appears
29. 0:52inside [music] of the specific sessions
30. 0:54that you have a that you have an You'll
31. 0:56also notice that sometimes certain bars
32. 0:57are highlighted, and it will say
33. 0:59increase for [music]
34. 1:00decrease four. That just means that
35. 1:02there were four bars detected that have
36. 1:04[music] declined in delta. Same with
37. 1:06increase, there are four bars detected
38. 1:08that have increased in delta. When
39. 1:09candles enter a session, you'll notice
40. 1:11that they start to color via a gradient.
41. 1:13[music] Now, that gradient is based on
42. 1:15who's in control at that specific time
43. 1:17in the market. So, you'll see that right
44. 1:19here the candles are red. This means
45. 1:20that from the moment we entered the
46. 1:21session, sellers were in control. And
47. 1:23[music] as you can see, the market
48. 1:25dumped. And then as we saw the
49. 1:26transition back above this moving
50. 1:28average, you [music] can see that buyers
51. 1:30sort of started to come in control.
52. 1:32You'll also notice after the right,
53. 1:33[music] we have a profile here. This
54. 1:35profile actually updates in real time as
55. 1:38the candles are plotting on the chart,
56. 1:39allowing you to know where [music] price
57. 1:40is likely to pull and to be pushed away
58. 1:42from. This gradient bar at the very top
59. 1:44[music] updates in real time to show you
60. 1:47of this entire session who's in control.
61. 1:49[music] It's taking the total of the
62. 1:50volume that's there so far, and it's
63. 1:53telling you if there's more buyers or
64. 1:54sellers in control here. And this
65. 1:55[music] can help you determine a bias.
66. 1:57Now, the only thing missing from this
67. 1:58indicator are alerts, which I will add.
68. 2:00But, what else would you add to this
69. 2:02indicator? If you want access to the
70. 2:03script, comment the word [music] session
71. 2:05and I'll send you a link.