OPEN-SOURCE SCRIPT

[LazyBear] SQZ Momentum + 1st Gray Cross Signals ━ whvntr

업데이트됨

I have modified LazyBears Squeeze Momentum Indicator with enhancements, plus added signals
LazyBear mentioned that in John F. Carter's book, Chapter 11, "Mastering the Trade", that "Mr. Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change)." I have done just that. Now at each "first gray after a black cross", there are now Bearish and Bullish signals.. The signals only appear in the direction of the momentum.

Disclaimer: This indicator does not constitute investment advice. Trade at your own
risk with this method of identifying changes in stock market momentum.
https://www.tradingview.com/x/VEsGNJjo/

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Tooltip updated (Show/Hide Bearish/Bullish) It now says: For a multi-source
histogram, hide signal groups and move indicator
to a new pane

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Updated code notes

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An attempt to rename the title to: 1st Gray Momentum Signals + SQZ Mom [LazyBear] ━ whvntr

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Great new feature: Adjust the length of the arrows in the Inputs Menu.
I just made the option to shorten the length of the arrows...Enjoy!
As a note... if found no reference on the internet on how to accomplish this..
I, through trial and error, developed a path to display text via input.string in the code.
Fellow coders of Pine will appreciate this.

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Input arrangements

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Font adjustments

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Updated histogram bool value to true

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Added arrow adjustments to the top of the menu..plus restored default settings

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Added Inlines to the Inputs Menu

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Added background highlights

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Adjusted inlines

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Alerts tested and active. To use: click 🕘Alert + Condition + SQZ_MULT + (1st Gray Cross Longs or Shorts) + Trigger: "Once Per Bar Close"
Background highlight feature can now be used separately.

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New chart photo for new additions

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Minute adjustment

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Alerts Updated

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Menu arrangements

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Additional alert conditions

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Multipurpose background highlights
https://www.tradingview.com/x/9aM3Ff0a/

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Alert messages updated

오픈 소스 스크립트

진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.