PROTECTED SOURCE SCRIPT

Squeeze Momentum Indicator With EMA

87
This is a upgraded verison of the most popular Squeeze Momentum Indicator with highlighted lines on the chart to better show entry and exits.

Also includes arrows for easy visibility.

Can also set up ALERTS easily and you can change the color of the momentum highlighted areas to your preference.

HOW TO USE :

***ENTER/EXIT WHEN***
1.Ema 56 / 112 / 672 lines up
2.WHEN CROSSOVER ABOVE = Highlighted green with arrows means bullish entry or bearish exit.
3.WHEN CROSSOVER DOWN = Highlighted red with arows means bearish entry or bullish exit.
4.Exit when black areas occur

***AVOID TRADING WHEN***
1.Arrows within black areas (Non momentum areas or non-squeeze areas)
2.Arrows not following trend(Down arrow during an upwards EMA trend)

**Caution**
You can decide to hold onto a position if you'd like durin the trend, but look at price action before exiting.

면책사항

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