 Hey everybody, it's Hari Swaminathan from optiontiger.com. I wanted to create this video on the SPX intraday trading using highly customized indicators, proprietary indicators rather. So now what you're looking at here is two charts. One is of the ES on the left hand side. We're looking at a five day, five minute and we're looking at Monday's price action, which is yesterday's price action. Market started here and the market ended here. Pretty much started and ended at around the same level, maybe a point or so higher. And then on the right hand side, what you're looking at is the tick SP. So the tick is a measure of the 500 SMP stocks and whether they are ticking up or down on an each stock basis. And then it tells you, okay, so at this time what happened? It probably started here. It's a red bar, the first bar. So it probably started at a tick of 137 to the positive. And then it ended over here, 60. So it's a red bar. And the next bar starts here and it goes down further. And so it even dips into the negative. So this is the tick and it keeps going like that for every five minutes. But this is not so useful because this is a very noisy chart. What is useful is if we can combine the cumulative ticks. So from the beginning, so we're looking at the market internals at this point. So once the market starts, these ticks start calculating. And so what happens after that is if at this point it is, let's say it ended here, this would be plus 60. And here it ended here, this would be minus 71. So at this point, the cumulative between these two is minus 11. And over here, if it ended here, it will be minus five, but it's actually improved from before. So the cumulative tick will be minus 11, minus five. So which would be plus five, which would be about six, which would still be minus, I know, negative six. So that's what you'll see here on the tick. The tick STX is a customized proprietary indicator. And this one, it calculates the cumulative tick. So as these ticks goes on, it either adds or subtracts that particular bars tick from the cumulative total. And so overall what this gives you is right through the trading day, it gives you an idea of whether the market internals are weakening or is it strengthening or is it doing both. So in this case, as you can see, the first five minutes or 10 minutes here, it was pretty choppy here. As you can see, it goes down and comes up and you can also see the market action is also choppy. Now remember, this is a cumulative total. So even though you might see a green bar here, it may be a red bar, it may be a red dot here, because this dot actually takes into consideration all the previous ticks before it. And so as far as the ticks are concerned, we really don't get a good signal until you come somewhere here. Over here, you start getting a persistent signal of the ticks, cumulative ticks weakening. Now what I have here is a custom RSI indicator also. And so this custom RSI indicator is used as a confirmation indicator. And whenever it goes below the 60 level and it's going persistently down, it is confirming that the price trend is moving down. And here, this is a market internal trend and that is also moving down. So when you see both of these in sync, that's when you want to get into the trade. So somewhere here, you would get into a put trade and you would write this all the way up until here perhaps because you don't want to get shaken out by one green tick in the middle of reds. If there's one, that's fine, but if there's two, then it's time to get out. So here, for example, we would have gotten in on this bar. So this would be approximately 2899. And then we would have rode it all the way until here, which would be about 2897 or you could have even gotten out even before that, especially when you see this guy moving up. So you would have gotten out on this bar. So it should be about 2896, 2895. So that's about three, four points on the S&P. It would be a nice put trade. Then you move to the other side. Now, as you can see now here, we are seeing some bullish action here. You can see the ticks increasing. And so is the RSI. And the RSI is about to go into the bullish, but it never really pierces it there. However, if you took a trade somewhere here, you could probably get out somewhere here. Not a big trade, but still nevertheless, it could be a profitable trade. Then the next one we see is right here. So the second tick is right here. You would get in somewhere here at 2898. And this one goes all the way till here. And you would get out as soon as you see the two red bars and you see the RSI coming below the 60. That's when you would get out. And then we have one more trading opportunity right there in the end. As you can see over here, the market starts falling. The red ticks are accumulating and the RSI confirms it is weak. So whenever it is in this zone here, you don't want to get out of the trade because this is telling you to stay in the trade. Similarly, on the bullish side, this is telling you to stay in the call position. This is telling you that you stay in the put position until it starts to change direction and go until then you want to stay in this trade. So this is what we are going to see today in the live webinar, day trading webinar. We won't be looking at this because this is not very important. I just wanted to give this picture here. But what we are going to be doing is trading based on these signals here and they are both proprietary indicators. Thank you.