QQQ Quant Power STRATEGY v13.3 (Ribbon + TQQQ Specs) by CustomQuantLabs

By CustomQuantLabs

Performance Metrics

Description

1. The Quant Engine (Data Processing)Weighted Scoring: It assigns specific weights to stocks (e.g., NVDA gets 8.5% weight, TXN gets 1.0%).Z-Score Pressure: It calculates how "unusual" the current buying/selling pressure is compared to the average (Standard Deviation).Alignment Bonus: It boosts the "Conviction Score" if Mega Caps (Top 8) and Large Caps (Next 12) are moving in the same direction.2. The Dashboard (Mission Control)The dashboard gives you an X-Ray view of the market:Main Status: Tells you if the market is BULLISH, BEARISH, or CHOP (Sit Out).Conviction %: A probability score (0-99%). Higher = Safer trade.Breadth: Counts how many of the top 20 stocks are above their EMA.Chop Logic: If Breadth is mixed (between 6 and 14 stocks above EMA), it declares "CHOP" and blocks trades.Mega/Large Net: Shows the net buying/selling pressure for each group.3. VisualsPressure Line: The line on the chart isn't just a Moving Average; it's the Net Pressure of the 20 stocks pushing price up or down.Conviction Ribbon: The squares at the bottom of the screen.🟩 Green: High Probability Long (>77%).🟥 Red: High Probability Short (>77%).⬜ Gray: Low Conviction / Holding.4. Strategy Logic (Automated Trading)Entry: Enters when the "Basket" of stocks is aligned (Bull/Bear Pressure) AND the Conviction Score is high (>77%).Exit: Closes the trade if Conviction drops (Signal fades) or hits a Hard Stop Loss.Time Filters: Includes strict trading windows (e.g., No trading during lunch 12-1pm, closes all positions on Friday).SummaryThis is a Market Breadth & Momentum Strategy. It assumes that QQQ cannot sustain a trend unless its underlying components (NVDA, AAPL, etc.) are pushing it. It filters out "fake moves" where QQQ moves but the components don't support it.

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