This Is the Best Indicator For /ES and /NQ

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In this video I show you how effective the 1OP indicator is for day trading /ES and /NQ. It is not derived from any other indicator and it is truly proprietary. OneOption is the only place you can get and I do not offer it through any other platform. It is available in Option Stalker and Option Stalker Pro.

All stock and options trades were found using the professional trading suite:

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Uncanny how well it works to generate signals and give me confidence with my bullish/bearish bias. I mostly use it on the 5m chart, but I appreciate those Trade Signal dots on OS on multiple timeframes. Pretty sure those use 1OP in the calculation. So when multiple timeframes align...boom!

sanvicente
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PETE, thank you for making this video after what we discussed the other day.

neilbahl
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so if the red lines overlap its short or for reversal?

ThePegasusFlyer
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I have not went a day without the 1op indicator in the last 3 years. I think I over rely on the indicator and I look really deep into every little cross rather than looking at deep crosses. I also think I struggle with overtrading and I should honestly stop trading after 11:00 am especially on futures

neilbahl
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For a the uninitiated it does seem like it would be easier to just trade SPY or /ES using the 1OP indicator, though I do get why we use stocks as a surrogate (the fastest horse).

tgou
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1OP is great, and on multiple timeframes. My issue now is that I sometimes fall into the trap of over-relying on it when it diverges from price action, which ultimately trumps everything.

And I have found it often useful for individual stocks as well, definitely.

Not the Holy Grail, the Perfect Magic Indicator — there is no trading silver bullet — but very helpful.

JohnRylander
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thanks pete. really useful and detailed tutorial. i understand the bull and bear crosses on 1op. but do we need to be mindful about 1op crossing above or below 0?

nkrulez
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Thank you for PANW & AAL last week please keep em coming!

talalztube
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Yikes. Your rant near the 6:45 mark in this video wasn't great. It seems like the negativity from those you keep company with is starting to affect you. Be better.

jmu-
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Come on Pete. I've been a member for six months and your price action analysis and telling the "story" of spy intra and inter day has been invaluable to how I think and view the market. But the 1op indicator is absolute trash and almost random. I've had my eyes glued to it every day for six months and it honestly seems lower than floppint a coin.

pursuantadapter