K2 - Quarterly Theory Daily SSMT

The K2 indicator is designed for traders applying the Daily Sequential Smart Money Technique (DSSMT), a concept related to the Quarterly Theory (QT) framework. Built for use primarily on the 15-minute chart, K2 plots the high, low, and equilibrium levels (i.e. the primary price levels (PPLs)) for each six hour period of the trading day. The PPLs are utilized by traders to generate QT trade setups.

✅ Unique Features

1. Custom Visibility for Each Six Hour (Quarterly) Cycle
K2 allows traders to toggle each quarter’s price levels on or off, giving maximum control over visual clarity and strategic focus. For example, a trader might disable Q1 levels during Q4, as prior quarters lose influence over time—a concept central to QT. K2 provides complete control over this process, enabling traders to declutter and dynamically adapt charts throughout the day.

2. Equilibrium Plotting for Each Quarterly Cycle
The indicator automatically plots equilibrium levels (midpoints) of each quarter's price action using dashed lines plotted in real time. These levels represent a central concept in QT, helping traders identify premium and discount zones within each quarterly cylce where retracements and reversals of price often occur. This feature allows the trader to consider QT setups derived from price action near the equilibrium of a quarterly cycle of price action.

We are not aware of any other TradingView indicators that offer both quarter-based level toggling and dynamic equilibrium plotting, tailored explicitly to QT and DSSMT.

🧠 Theoretical Foundation

K2 supports traders using DSSMT, a method that identifies divergences between the highs, lows and equilibrium levels of correlated assets within intraday cycles, which indicates smart money footprints. It is typically paired with other QT tools like:

• Precision Swing Point (PSP)
  
• Terminus Price Divergence (TPD), a concept developed by Jacob Speculates
  

Some advanced users also apply quarterly equilibrium levels when assessing DSSMT, though this technique has not been publicly confirmed or endorsed by Traderdaye or Jacob Speculates.

📍 Price Levels Plotted by K2

• Q1 High / Low / Equilibrium (gray lines, dashed midpoint)
  
• Q2 High / Low / Equilibrium (pink lines, dashed midpoint)
  
• Q3 High / Low / Equilibrium (light green lines, dashed midpoint)
  
• Q4 High / Low / Equilibrium (light blue lines, dashed midpoint)
  

K2 is invite-only and closed-source due to the proprietary logic that handles quarter segmentation, equilibrium detection, and visibility control systems. These functions have been built specifically for practitioners of QT and DSSMT who need reliable, intraday structure analysis that adapts in real-time.

This tool was inspired by Traderdaye, who drew heavily from ICT (Inner Circle Trader) concepts in turn.