OPEN-SOURCE SCRIPT
Diupdate Squeeze - Expansion Indicator - JD
The Squeeze-Expansion Indicator or SE indicator shows the contraction and expansion of the volatility of the price,
it does this by evaluating the movement of the standard deviations of the price.
This indicator can be use in a similar way to ADX and momentum indicators and can potentially keep you out of NO-TRADE zones
It can also be used as an exit indicator to show when a move has likely lost momentum.
color coding of the SE indicator
-the BLUE area indicates the AMOUNT of SQUEEZE of the price deviations
-the ORANGE area indicates the AMOUNT of EXPANSION of the price deviations
-the highlighted (BLUE) line indicate SQUEEZE tightening
-the highlighted (GREEN and RED) lines indicate the RELEASE
- BLUE line rising indicates a likely bounce back if the price
- GREEN/RED line rising indicates a likely continuation/breakout of the price
JD.
#NotTradingAdvice
#DYOR
I build thes indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
it does this by evaluating the movement of the standard deviations of the price.
This indicator can be use in a similar way to ADX and momentum indicators and can potentially keep you out of NO-TRADE zones
It can also be used as an exit indicator to show when a move has likely lost momentum.
color coding of the SE indicator
-the BLUE area indicates the AMOUNT of SQUEEZE of the price deviations
-the ORANGE area indicates the AMOUNT of EXPANSION of the price deviations
-the highlighted (BLUE) line indicate SQUEEZE tightening
-the highlighted (GREEN and RED) lines indicate the RELEASE
- BLUE line rising indicates a likely bounce back if the price
- GREEN/RED line rising indicates a likely continuation/breakout of the price
JD.
#NotTradingAdvice
#DYOR
I build thes indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
Catatan Rilis
updated to v4.Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!
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 open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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.