Precision Swing Point (PSP) is a concept derived from Quarterly Theory concepts originating from ICT methodologies. Concept uses a 3-candle swing formation in which candle 2 has a divergence in closing price with one asset compared to the other two assets in a correlated asset triad (i.e. one closes bullish and two closes bearish, vice-versa). A Terminus Price Divergence (TPD) includes an additional divergence between candle 1’s closing price and candle 3’s opening price (i.e. one asset’s candle 3 opening price opens below candle 1 closing price while the other two assets’ candle 3 opening price opens above candle 1 closing price, vice-versa). Indicator is designed to track TPDs in real-time. Indicator tracks SMT (Smart Money Technique) divergences between Candle 1/Candle 2 highs/lows and Candle 2/Candle 3 high/lows.

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