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SQUEEZE MTF - @JuanSeNL
// Thanks to LazyBear for SQZMOM_LB
The Squeeze Momentum Indicator [LazyBear] have 2 indicators, The Momentum Indicator and the Squeeze Indicator, in this case I use the Squeeze Ind to shows how it works and to be easier to use it
The Squeeze indicator use Bollinger Bands and Keltner's Channels to find potential accumulation/distribution fases, a price range is a period when the price is moving sideways without any significant advancement in the upward or downward direction, so this indicator helps to detect the potential end for the range and alert for breakouts above or below the upper and lower trading range bounds.
When BB are into the KC bands signifies low volatility, so market preparing itself for an explosive move (up or down), and “Squeeze release”
GREEN: Low volatility
Multiple Time Frame Version - Allow to choose a different timeframe
The Squeeze Momentum Indicator [LazyBear] have 2 indicators, The Momentum Indicator and the Squeeze Indicator, in this case I use the Squeeze Ind to shows how it works and to be easier to use it
The Squeeze indicator use Bollinger Bands and Keltner's Channels to find potential accumulation/distribution fases, a price range is a period when the price is moving sideways without any significant advancement in the upward or downward direction, so this indicator helps to detect the potential end for the range and alert for breakouts above or below the upper and lower trading range bounds.
When BB are into the KC bands signifies low volatility, so market preparing itself for an explosive move (up or down), and “Squeeze release”
GREEN: Low volatility
Multiple Time Frame Version - Allow to choose a different timeframe
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.