SSMT Indicator

QUARTERLY THEORY

Pine v6 · Overlay · 0 repaints

Sequential SMT
Time-Bound Divergence

Trader Daye's Quarterly Theory framework built into Pine v6. Automatically divides every session into 90-minute quarters, draws the prior quarter's H/L sweep targets, and fires an SSMT label the moment a peer divergence is confirmed — with one-per-quarter locking to eliminate noise.

90-min quarters— 16 per day

SSMT + rSSMT— 4 signal types

4 alerts— Built-in

NQ · ES · GC · BTC— Any correlated pair

What Is an SSMT?

①Quarterly Theory Grid

The 24-hour day is divided into four 6-hour sessions (MID, LDN, NY, EVE). Each session is further split into four 90-minute quarters (Q1–Q4). The grid is always on — it runs on the clock, not on price action.

②Correlated Asset Divergence

NQ and ES normally move together. When a new quarter opens, both assets should respect the same Q-prev high or low. If one breaks it and the other refuses — a "crack in correlation" has formed. That is SMT.

③The "Sequential" Rule

Standard SMT can fire off any arbitrary swing. SSMT is strictly time-bound: the divergence must happen between two CONSECUTIVE quarters. Q-prev high/low is the only sweep target — older extremes are irrelevant.

④Trade the Refusing Asset

The asset that REFUSED to follow its peer is showing institutional interest. It will lead the next directional move. SSMT▲ = refusing asset is bullish. SSMT▼ = refusing asset is bearish. The sweeping asset is the decoy.

Signal Reference

Four label types — what each means, where to find the trade

SSMT▲

LONG chart asset

TriggerPeer swept BELOW Q-prev low

RefusingChart held above Q-prev low

EntryFirst 1m FVG or OB in discount zone

StopBelow Q-prev low + 1 tick

TargetQ-prev high → next BSL

SSMT▼

SHORT chart asset

TriggerPeer swept ABOVE Q-prev high

RefusingChart held below Q-prev high

EntryFirst 1m FVG or OB in premium zone

StopAbove Q-prev high + 1 tick

TargetQ-prev low → next SSL

rSSMT▲

LONG peer asset

TriggerChart swept BELOW Q-prev low

RefusingPeer held above Q-prev low

EntryEnter on peer chart at FVG/OB

StopBelow Q-prev low on peer chart

TargetPeer Q-prev high

rSSMT▼

SHORT peer asset

TriggerChart swept ABOVE Q-prev high

RefusingPeer held below Q-prev high

EntryEnter on peer chart at FVG/OB

StopAbove Q-prev high on peer chart

TargetPeer Q-prev low

Pine Script v6

Paste directly into TradingView Pine Editor → Add to chart. No dependencies.

AF_SSMT.pinePine v6

1//@version=6
2indicator("SSMT — Sequential SMT [AlphaFutures]", overlay = true,
3     shorttitle = "AF·SSMT",
4     max_labels_count = 400, max_lines_count = 400, max_bars_back = 2000)
5
6// ════════════════════════════════════════════════════════════════════
7//  AlphaFutures Academy — Sequential SMT (Trader Daye QT Framework)
8//
9//  How it works:
10//    • The 24-hour day is split into 90-minute quarters (16 total).
11//    • Each set of 4 quarters forms a 6-hour session:
12//        MID  00:00–06:00 ET  (Midnight / Asian)
13//        LDN  06:00–12:00 ET  (London)
14//        NY   12:00–18:00 ET  (New York)
15//        EVE  18:00–00:00 ET  (Evening)
16//    • SSMT fires when TWO CONSECUTIVE quarters produce a divergence:
17//        → Peer asset sweeps the PREVIOUS quarter's extreme (high or low)
18//        → Chart asset REFUSES to follow (relative strength or weakness)
19//        → Execute on the "refusing" asset — it leads the next move.
20//
21//  ZERO boxes · ZERO fills · Lines + tiny text only.
22// ════════════════════════════════════════════════════════════════════
23
24// ─── INPUTS ─────────────────────────────────────────────────────────
25var G1 = "① Peer Asset"
26sym2 = input.symbol("CME_MINI:ES1!", "Correlated Peer (default: ES1!)", group = G1,
27     tooltip = "NQ chart → ES1!   |   ES chart → NQ1!   |   GC chart → SI1!\nMust trade the same hours as the chart asset.")
28
29var G2 = "② Quarter Grid"
30show_qv     = input.bool(true,  "Quarter boundary verticals",       group = G2,
31     tooltip = "Dotted vertical line at every 90-min quarter open.")
32show_qhl    = input.bool(true,  "Prev-quarter H/L reference lines", group = G2,
33     tooltip = "Dashed horizontal at the prior quarter's high and low — the sweep targets.")
34show_qlabel = input.bool(true,  "Quarter label (e.g. NY Q2)",        group = G2)
35max_ql      = input.int(16, "Max reference lines kept",             group = G2, minval = 4, maxval = 64)
36
37var G3 = "③ Session Filter"
38use_mid = input.bool(true,  "Midnight  00:00 – 06:00 ET", group = G3)

Execution Playbook

7 steps from chart open to filled order — run through every one before clicking

Glossary

Every label and line the indicator draws — what it means and why it matters

SSMT▲Bullish Sequential SMT

Peer swept BELOW the previous quarter's low. Chart asset refused. Trade LONG on the chart asset — it is showing relative strength and leads the next expansion up.

SSMT▼Bearish Sequential SMT

Peer swept ABOVE the previous quarter's high. Chart asset refused. Trade SHORT on the chart asset — it is showing relative weakness and leads the next drop.

rSSMT▲Reverse SSMT Long

Chart swept below prev-Q low. Peer refused (relative strength). Execute LONG on the peer asset — it is the "refusing" (stronger) asset this time.

rSSMT▼Reverse SSMT Short

Chart swept above prev-Q high. Peer refused (relative weakness). Execute SHORT on the peer asset — it is the "refusing" (weaker) asset this time.

QHQuarter High (dashed line)

The highest price reached in the immediately preceding 90-minute quarter. This is the target price the peer must sweep ABOVE to trigger a bearish SSMT.

QLQuarter Low (dashed line)

The lowest price reached in the immediately preceding 90-minute quarter. This is the target price the peer must sweep BELOW to trigger a bullish SSMT.

MID Q1-Q4Midnight Session Quarters

00:00–06:00 ET split into four 90-min quarters. Institutions use this window to set up the directional bias for the London open.

LDN Q1-Q4London Session Quarters

06:00–12:00 ET. The most active SSMT window. European institutions overlap with overnight US positions — divergences here carry the highest conviction.

NY Q1-Q4New York Session Quarters

12:00–18:00 ET. NY open and afternoon. NY Q1 and Q2 (09:30–12:30 ET) are the prime NQ SSMT windows — overlap with London exit drives sharp divergences.

Quarterly TheoryTrader Daye Time Cycle

A framework by Trader Daye dividing the 24-hour session into four 6-hour blocks, each containing four 90-minute sub-quarters. Every significant institutional move can be mapped to a quarter boundary.

Supported Asset Pairs

Common SSMT configurations — set the Peer Asset input to match your chart

Chart Asset	Set Peer To	Notes
NQ1! (Nasdaq)	ES1! (S&P 500)	The primary SSMT pair. High correlation, distinct divergences during institutional transitions.
ES1! (S&P 500)	NQ1! (Nasdaq)	Same pair, opposite chart. Use when trading ES and wanting to see NQ lead.
GC1! (Gold)	SI1! (Silver)	Precious metals SSMT. Silver is often the leading leg — use SI divergence to time GC entries.
DX1! (Dollar Index)	EURUSD	Inverse correlation pair. DX breakout without EUR weakness = DX fade. Common macro SSMT.
BTC/USD	ETH/USD	Crypto SSMT. ETH leads BTC in most liquidity sweeps — divergence gives 1–3% moves reliably.

SSMT is a confirmation tool — not a standalone entry

An SSMT label confirms relative strength or weakness between two assets. It is not a trigger to enter immediately. Always require: (1) a kill zone window (LDN 06:00–09:00 ET or NY 09:30–11:00 ET), (2) structural confirmation (CHoCH or BOS on the 1m/5m), and (3) a precision entry model (FVG or OB at the entry zone). Without all three, an SSMT label is a bias — not a trade.