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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
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.