Gabriel's Equity Squeeze Pro Market Analyzer!

2024년 8월 17일

1. Squeeze Momentum Indicator (SQZMOM)
Understanding Squeeze Conditions:
The Squeeze Momentum Indicator (SQZMOM) identifies periods of market consolidation (squeezes) and potential breakouts. It compares the Bollinger Bands (BB) and Keltner Channels (KC) to determine different types of squeezes.

Very Narrow Squeeze (Purple Dots):

What It Is: The market is in a very tight range. This indicates extreme compression and suggests that a significant move is imminent.
How to Trade: These conditions are rare and often precede major market moves. When purple dots appear, prepare for a possible breakout. If the momentum turns positive, consider going long; if negative, consider going short.
Narrow Squeeze (Yellow Dots):

What It Is: The market is still compressed but not as tight as the very narrow squeeze. This indicates a moderate level of consolidation.
How to Trade: Similar to the very narrow squeeze, but expect slightly less explosive moves. Trade the breakout direction once the squeeze is released.
Normal Squeeze (Red Dots):

What It Is: The market is in a standard consolidation phase. This suggests that a moderate move is likely once the squeeze is released.
How to Trade: Use this as an alert for a potential trend-following opportunity. Watch for the squeeze to "fire," indicated by the dots turning green, and trade in the direction of the momentum.
Wide Squeeze (Orange Dots):

What It Is: The market is consolidating, but in a wider range. This indicates lower volatility compared to narrower squeezes.
How to Trade: The moves following a wide squeeze are usually less aggressive. Still, trade the direction of the breakout when the squeeze releases.
No Squeeze (Blue Dots):

What It Is: The market is not in a squeeze condition, meaning it's either trending or in a stable state.
How to Trade: During no squeeze conditions, trend-following strategies might be more effective. The absence of a squeeze suggests that the market is currently more predictable.
Example:
If you see a series of purple dots forming, this indicates a very narrow squeeze. Prepare to enter a trade when the dots switch to green, signaling that the squeeze has released. If the momentum indicator (SQZMOM) shows positive momentum after the release, consider entering a long position.

2. Directional Movement Index (DMI) and ADX
Understanding DMI and ADX:
The DMI and ADX indicators help assess the strength and direction of the trend.

Bullish DMI (Green Triangle Up):

What It Is: Indicates that the positive directional movement (DI+) is greater than the negative directional movement (DI-), and ADX is above a key threshold, confirming a strong bullish trend.
How to Trade: Consider entering or holding long positions during a bullish DMI signal, especially if the ADX is rising, indicating strengthening momentum.
Bearish DMI (Red Triangle Down):

What It Is: Indicates that the negative directional movement (DI-) is greater than the positive directional movement (DI+), and ADX is above the key threshold, confirming a strong bearish trend.
How to Trade: Consider entering or holding short positions during a bearish DMI signal, particularly if the ADX is rising.
Weak Trend (Gray Colors):

What It Is: The ADX is below the key level, indicating that the trend is weak or nonexistent.
How to Trade: Avoid trend-following strategies during weak trends. Consider range-bound strategies or wait for a stronger trend signal.
Example:
Suppose the indicator shows a green triangle up, signaling a bullish DMI, with the ADX rising. This suggests that the market is in a strong uptrend. You might enter a long position or add to an existing one, expecting the trend to continue.

3. Reversal Detection Logic
Understanding Reversal Signals:
The indicator uses momentum analysis to detect early signs of reversals.

Bullish Reversals (Green Lines):

What It Is: Indicates a potential upward reversal in the market. The momentum oscillator's short-term average crosses above 0, with a positive slope in momentum.
How to Trade: Consider entering a long position when a green reversal line appears, especially if other indicators (like SQZMOM or DMI) also confirm bullish conditions.

Bearish Reversals (Red Lines):

What It Is: Indicates a potential downward reversal. The momentum oscillator's short-term average crosses below 0, with a negative slope in momentum.
How to Trade: Consider entering a short position when a red reversal line appears, particularly if other indicators also signal bearish conditions.
Example:
If you see a green line plotted on your chart indicating a bullish reversal, and this is confirmed by other bullish signals like a green DMI triangle, you might enter a long position, anticipating an upward move.

4. Comprehensive Market Analyzer Oscillator
Understanding the Oscillator:
The Comprehensive Market Analyzer combines several normalized indicators into a single oscillator that ranges between -100 and 100.

Positive Oscillator (White Color):

What It Is: Indicates that the combined indicators (SAR, Aroon, DMI, RSI, SMI, MACD) are collectively bullish.
How to Trade: Enter or hold long positions when the oscillator is positive and increasing, as it suggests bullish momentum.

Negative Oscillator (Fuchsia Color):

What It Is: Indicates that the combined indicators are collectively bearish.
How to Trade: Enter or hold short positions when the oscillator is negative and decreasing, indicating bearish momentum.

Overbought/Oversold Levels:

Overbought (Above 70): The market might be overextended on the upside, signaling a potential reversal or pullback.
Oversold (Below -70): The market might be overextended on the downside, signaling a potential reversal or bounce.
Example:
If the oscillator turns green and rises above 0, and other indicators align with this signal, it suggests a bullish market condition. You might consider entering a long position, especially if the oscillator is moving away from an oversold condition.

2024년 8월 17일

릴리즈 노트

5. Banker Fund Flow Candles
Understanding Banker Fund Flow:
These special candles provide insight into institutional (banker) trading activity.

Yellow Candle: Indicates potential banker entry points.

How to Trade: Enter the market in the same direction as the banker funds. A yellow candle might suggest an initial entry by institutional traders.
Green Candle: Indicates that banker funds are increasing their positions.

How to Trade: Continue holding long positions or consider entering a long position if you see a green candle, as it suggests strong buying activity from institutional traders.
White Candle: Indicates that banker funds are decreasing their positions.

How to Trade: Be cautious or consider taking profits when a white candle appears, as it suggests institutions are reducing their exposure.
Red Candle: Indicates banker fund exit or quitting their positions.

How to Trade: Consider exiting or reversing your position when a red candle appears, as it signals strong selling activity from institutional traders.
Blue Candle: Indicates a weak rebound, where banker funds may be testing the waters without strong commitment.

How to Trade: Be cautious of a potential reversal but wait for stronger confirmation before taking action.
Example:
If you see a yellow candle followed by green candles, this suggests that banker funds are entering and then increasing their positions. This might be a good signal to enter a long position, riding the wave of institutional buying.

6. Williams Vix Fix (VixFix)
Understanding VixFix Alerts:
The Williams Vix Fix is used to detect potential market bottoms or volatility spikes, typically seen as opportunities for aggressive or filtered entries.

Aggressive Entry (AE):

What It Is: Signals potential early entry points based on aggressive criteria, where volatility might be high.
How to Trade: Consider taking a position based on AE signals if you are comfortable with higher risk and volatility. These entries are typically earlier and may capture larger moves.
Filtered Entry (FE):

What It Is: Provides a more conservative entry point after filtering out some noise, signaling a safer entry after a volatility spike.
How to Trade: Use FE signals to enter positions with more confidence, as they typically follow confirmation of a trend or reversal.
Example:
If an AE signal appears, indicating an aggressive entry opportunity, and you see other supporting indicators like a squeeze release or bullish DMI, you might take a long position expecting a strong move. If an FE signal follows, it could confirm that the trend is now more established, giving you additional confidence in your position.

7. Divergence Detection
Understanding Divergence Signals:
Divergence occurs when the price moves in the opposite direction of an indicator, signaling potential reversals.

Bullish Divergence:

What It Is: The oscillator forms higher lows while the price forms lower lows, indicating potential upward reversal.
How to Trade: Consider entering a long position when bullish divergence is detected, especially if confirmed by other bullish indicators.
Bearish Divergence:

What It Is: The oscillator forms lower highs while the price forms higher highs, indicating potential downward reversal.
How to Trade: Consider entering a short position when bearish divergence is detected, especially if confirmed by other bearish indicators.
Example:
If you notice a bullish divergence (oscillator forming higher lows while the price forms lower lows), and this is supported by a squeeze release or a green DMI signal, it may be a strong buy signal.

Practical Application Example:
Let's say you're analyzing a chart with this indicator:

Squeeze Condition: You notice that purple dots have appeared, indicating a very narrow squeeze. This suggests a significant move is likely soon.
DMI Signal: The DMI shows a green triangle up with a rising ADX, signaling a strong bullish trend.
Reversal Detection: A green line appears, indicating a bullish reversal.
Banker Fund Flow: A yellow candle appears, suggesting banker funds are entering the market.
VixFix Alert: An AE signal triggers, suggesting an aggressive entry is possible.
With these signals aligned, you might enter a long position, anticipating a strong bullish move. The purple squeeze dots indicate an imminent breakout, the green DMI triangle confirms a bullish trend, the green reversal line suggests upward momentum, the yellow candle indicates institutional buying, and the AE signal suggests that the volatility setup favors an aggressive entry. This combination of factors could give you confidence in the trade.

By understanding each component of Gabriel's Equinox Squeeze Pro Market Analyzer and how they interact, you can make more informed decisions in various market conditions. The key is to look for confluence among multiple signals to confirm your trades.

2024년 8월 17일

릴리즈 노트

reorganized input tab Comprehensive Market Analyzer is now White to Fuchsia instead of Green to Red.

2024년 8월 17일

릴리즈 노트

I changed the code a bit for clearer plotting.

2024년 8월 19일

릴리즈 노트

Updated oscillator, added verywidethreshold, etc.