OPEN-SOURCE SCRIPT
UCS_Squeeze_Timing-V3

Another Version with More Features [Been in the Test Bench for 3+ Months]. I am confident enough this works fine now. I am Sure this will be a valuable tool for you guys who love squeezes.
///////////////// This can be further optimized, Let me know with a comment, if you still need this to be optimized. tradingview.com/v/2y0I0MRm/. ////////////////////
This update includes
- Added Options to detect squeeze using Heikin Ashi Candle
- Added Options to use BBR or Momentum (ROC) for the Momentum Histogram
- Custom Momentum Smoothing time period
- Removed the Separate Look back periods for BB/KC - Since it doesn't really make sense using different lengths for KC and BB.
HA Closes can be really helpful in trading ETFs like FXE, GLD, FXY, SLV etc, which constantly gaps on daily basis. This helps in smoothing out. And most Importantly it Lines up with the Underlying's Squeeze.
[The Next Major Version [UCS_Squeeze] is currently being Back tested with better timing triggers etc...... That will replace all other Squeeze indicators in the market - Some Major upgrades have been done to the squeezes to read the consolidation is with support or resistance. Also plan on adding best bet entries and pre-breakout signals. So far so good, this recent contradicting trends in daily / weekly in the market is making the indicator hard to work per theory]
The delay is because, I do not like to post any script (with signals) without sufficient back testing [At least 50 Signals with Live Testing is my standard back testing procedure, Especially when there are Signals involved]. I will not post these indicator with signals, unless I am sure it works per my theoretical derivations.
-
Thanks for Being Patient and all your support.
Until then - Good Luck Trading.
///////////////// This can be further optimized, Let me know with a comment, if you still need this to be optimized. tradingview.com/v/2y0I0MRm/. ////////////////////
This update includes
- Added Options to detect squeeze using Heikin Ashi Candle
- Added Options to use BBR or Momentum (ROC) for the Momentum Histogram
- Custom Momentum Smoothing time period
- Removed the Separate Look back periods for BB/KC - Since it doesn't really make sense using different lengths for KC and BB.
HA Closes can be really helpful in trading ETFs like FXE, GLD, FXY, SLV etc, which constantly gaps on daily basis. This helps in smoothing out. And most Importantly it Lines up with the Underlying's Squeeze.
[The Next Major Version [UCS_Squeeze] is currently being Back tested with better timing triggers etc...... That will replace all other Squeeze indicators in the market - Some Major upgrades have been done to the squeezes to read the consolidation is with support or resistance. Also plan on adding best bet entries and pre-breakout signals. So far so good, this recent contradicting trends in daily / weekly in the market is making the indicator hard to work per theory]
The delay is because, I do not like to post any script (with signals) without sufficient back testing [At least 50 Signals with Live Testing is my standard back testing procedure, Especially when there are Signals involved]. I will not post these indicator with signals, unless I am sure it works per my theoretical derivations.
-
Thanks for Being Patient and all your support.
Until then - Good Luck Trading.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Uday C Santhakumar
udaycs.substack.com/
udaycs.substack.com/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Uday C Santhakumar
udaycs.substack.com/
udaycs.substack.com/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.