Quantum Observer Script User Guide
SMU Quantum Observer Script is the next generation of predictive market indicator that can be used on its own without a need for a price chart
I removed the entire price plot and replaced it with intuitive gauge and bar indicators to show a snapshot of a market at a glance
In my experience Price Plot (candle, Bars, etc.) are misleading and deceptive because of ALGO manipulation.
That is why SMU Quantum Observer is best used without any price chart
Features and User Guide:
Market Analytic Gauges: I’ve completely reinvented the way to measure TA by using a Gauge meter that shows whether the TA is up or down.
-The animated gauge shows TA signals calculated for LONG and SHORT entry in real time.
-You can easily see if market is mixed, about to go Up or about to go down.
-The results of analysis is shown as Green or Red
Market Meter: A revolutionary new invention of looking at the price change.
– The Price Meter shows that last 10 bars close price action.
– Mix of Green and Red means sideline.
– Majority Green means market will go up
– Majority red means market goes down
– The last 10 bars are displayed in a horizontal bar to discover the price pattern
– In 1 minute chart it displays 10 minutes, in 1 hours it displays 5 hours of price action and so on
– Market meter left label shows the price change of 20 bards.
– The first meter shows the change of the previous 10 bar.
– The front indicator shows the change of current 10 bar
Short and Long Safe Scalp Zones
The script automatically calculates safe Scalp zones. SO when you get a signal, if the price is in the zone then scalp it.
This is a very important and unique feature that does many calculation to identify the sweet spots.
Trading has high risks. Mostly because traders get careless, emotional or get fooled by ALGO’s fake trends.
So this very unique feature keeps you out of trouble.
As allway apply your own risk management. However if you follow my instructions and the signal your risk will be reduced substantially.
Quantum Entanglement Element for believers in Quantum Physics
Quantum Observer:
-This new single indicator displays an observer sketch to influence the price in your desired direction.
-When the market signal is short, or condition is overbought, the observer enforces a sell condition to push the price down
– When the market signal is Long, or condition is oversold, the observer enforces a Buy condition to push the price up
How it Works:
TA Gaugers move in real time and calculates the price movements beneath the hood.
My new script best used without the chart, but use it in conjunction til you get used to learning how it works.
The engine does all the hard work behind the scene and only shows the optimum results in a simple animator Gauge. When needle moves to Green it means upside action momentum and vice versa.
The net results of all analysis are displayed in a simple LONG, SHORT and Wait signal.
In shorter time frame you can use the signal for Scalping and in longer time frame you can use it for swing Buy and Hold.
The scripts also predicts the next price action based on market and price information.
The eventual outcome takes time as prediction is more long term than short term, So use it as a guide to avoid getting fooled by ALGO or market Pump.
The predictions help you to wait for the right price before jumping in.
The observer is a Quantum Effect telling you to watch the target price. The Q observer shows the price prediction rather than the actual price to re enforce the predicted price direction.
Another brand new concept is the price meter. Look at the two price at each end and if the change % under each price is the same it means market going sideway.
No Need for Price Chart
I use this script to trade short term frame scalp or long term period for swing. I don’t care and I do not want to see ALGO manipulated trend.
The gauge meters position reveals the hidden trend. Pay attention to the position of gauges when they go against the ALGO trend. For example, if SPX is going up but 2/3 of gauge indicators are pointing to red and Signal is short then SPX trend will change shortly. The indicators position provides lots of clue about the hidden trend that you can’t see in the chart. One usage is scalping with better entry when you spot a counter trend
I removed the entire price plot and replaced it with intuitive gauge and bar indicators to show a snapshot of a market at a glance
In my experience Price Plot (candle, Bars, etc.) are misleading and deceptive because of ALGO manipulation.
That is why SMU Quantum Observer is best used without any price chart
Features and User Guide:
Market Analytic Gauges: I’ve completely reinvented the way to measure TA by using a Gauge meter that shows whether the TA is up or down.
-The animated gauge shows TA signals calculated for LONG and SHORT entry in real time.
-You can easily see if market is mixed, about to go Up or about to go down.
-The results of analysis is shown as Green or Red
Market Meter: A revolutionary new invention of looking at the price change.
– The Price Meter shows that last 10 bars close price action.
– Mix of Green and Red means sideline.
– Majority Green means market will go up
– Majority red means market goes down
– The last 10 bars are displayed in a horizontal bar to discover the price pattern
– In 1 minute chart it displays 10 minutes, in 1 hours it displays 5 hours of price action and so on
– Market meter left label shows the price change of 20 bards.
– The first meter shows the change of the previous 10 bar.
– The front indicator shows the change of current 10 bar
Short and Long Safe Scalp Zones
The script automatically calculates safe Scalp zones. SO when you get a signal, if the price is in the zone then scalp it.
This is a very important and unique feature that does many calculation to identify the sweet spots.
Trading has high risks. Mostly because traders get careless, emotional or get fooled by ALGO’s fake trends.
So this very unique feature keeps you out of trouble.
As allway apply your own risk management. However if you follow my instructions and the signal your risk will be reduced substantially.
Quantum Entanglement Element for believers in Quantum Physics
Quantum Observer:
-This new single indicator displays an observer sketch to influence the price in your desired direction.
-When the market signal is short, or condition is overbought, the observer enforces a sell condition to push the price down
– When the market signal is Long, or condition is oversold, the observer enforces a Buy condition to push the price up
How it Works:
TA Gaugers move in real time and calculates the price movements beneath the hood.
My new script best used without the chart, but use it in conjunction til you get used to learning how it works.
The engine does all the hard work behind the scene and only shows the optimum results in a simple animator Gauge. When needle moves to Green it means upside action momentum and vice versa.
The net results of all analysis are displayed in a simple LONG, SHORT and Wait signal.
In shorter time frame you can use the signal for Scalping and in longer time frame you can use it for swing Buy and Hold.
The scripts also predicts the next price action based on market and price information.
The eventual outcome takes time as prediction is more long term than short term, So use it as a guide to avoid getting fooled by ALGO or market Pump.
The predictions help you to wait for the right price before jumping in.
The observer is a Quantum Effect telling you to watch the target price. The Q observer shows the price prediction rather than the actual price to re enforce the predicted price direction.
Another brand new concept is the price meter. Look at the two price at each end and if the change % under each price is the same it means market going sideway.
No Need for Price Chart
I use this script to trade short term frame scalp or long term period for swing. I don’t care and I do not want to see ALGO manipulated trend.
The gauge meters position reveals the hidden trend. Pay attention to the position of gauges when they go against the ALGO trend. For example, if SPX is going up but 2/3 of gauge indicators are pointing to red and Signal is short then SPX trend will change shortly. The indicators position provides lots of clue about the hidden trend that you can’t see in the chart. One usage is scalping with better entry when you spot a counter trend
Related publications
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.