Psychic Vision

Purpose: Displays the price action by levels that visually displays overbought and oversold locations
Description:
- Uses a formula that plots a price ladder with levels of significance above and below the price action as the market value ebbs and flows
- These “System Pivots” are based on the work of T.H. Murrey, W.D.Gann, and J.M. Hurst
- We trade “level to level” or “Step by Step”
- Best used in conjunction with other Indicators for ideas of confluence
- Extreme levels work best for capturing profits and anticipating reversals
NinjaTrader Use:
- Displayed as price levels on a ladder.. User can choose rectangles or lines.
- Customizable parameters according to User’s preferred style (Position, Swing, or Day Trading).
- This Indicator is programmed by our E-widget
Practical Example:
- On an ES chart for the beginning of October 2025, we see a yellow circle, manually added for emphasis on the current relevant pivots.
- With a major box plotted, we use the idea of a high, low, and middle pivot as price discovery ensues.
- Typically, we are only interested in the current “box” until it resolves.
- Selected NT8 tools and Indicators may be added to the chart to provide valuable insights.
- In our example, current support is near 6757.75, and resistance is near 6796.75. mid pivot is 6777.25 as a bias pivot.