So this was something I planned on doing in the future, I knew it would take some time to put together but here it is, the Squeeze Pro 2 Overlays.
On my original Squeeze Pro, I had made several overlay indicators to go along with it, this time my goal was to combine all that stuff into a single indicator and allow the user to turn on and off the specific features...
This script is for Bitcoin 'hodlers' who are not very interested in trading or who sometimes sell a part of their treasure, in short, they are lazy ‘hodlers’.
It's a fusion of 2 great scripts:
Hash Ribbons from capriole_charles, to find the best buy chances.
Squeeze Momentum Indicator from LazyBear to find good sales chances.
The Initial capital is 1 USD dollar only.
Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one.
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
This is my version of the updated classic indicator created by John Carter. I plan on adding a Squeeze Overlay script in the future that will pair with this one as well for additional signals.
So to break down the Squeeze, what it is, how it works, etc - you have to look at the components that make it up.
1. Bollinger Bands
2. Keltner Channels
Modified version of Squeeze Momentum Indicator including line graph of the main indicator instead of using a Histogram and a second Signal line (5 bars SMA of the original line) to provide visual BUY/SELL signals
BUY when Blue crosses ABOVE the RED signal line
SELL when Blue crosses BELOW the RED signal line
modified by: KıvanÇ @fr3762 on...
This is my custom channel (Bear Channel!? :)) derived from BB/STARC. It uses both ATR/STDEV for plotting the bounds.
I use COG (Center of Gravity) for deriving the baseline. This enables it to track the price action better than many other channels that make use of MAs or simply "close". Indicator also marks "squeezes" (stdev bands come inside ATR bands). Pay...
This Strategy is based on LazyBear Squeeze Momentum Indicator.
I added some custom feature and filters.
You can customize a lot of features to get a profitable strategy.
Here is a link to original study.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers...
This is an experimental study designed using data from Bollinger Bands to determine price squeeze ranges and active levels of support and resistance.
First, a set of Bollinger Bands using a Coefficient of Variation weighted moving average as the basis is calculated.
Then, the relative percentage of current bandwidth to maximum bandwidth over the specified sampling...
This script scans for TTM Squeezes for the crypto symbols included in the body of the script. The timeframe for the squeeze scan is controlled within the input not the chart.
This script is a merge of @Nico.Muselle's TTM Squeeze script and @QuantNomad's custom screener script. Thanks to both of them!
Simple histogram, showing Squeeze of Bollinger Bands.
Usage is simple - when price is in Squeeze, no entries in any direction. For using with Bollinger Bands indicator, including binary options.
Простой индикатор, наглядной отображающий стадию Сжатия лент Боллинджера.
Простой в использовании - когда цена в Сжатии - не входим в сделку. Особенно...
I have used this indicator to find many lucrative opportunities. This indicator takes the moving average of CCI in custom, volatility-specific conditions. CCI measures "overbought" in the red-shaded region and "Oversold" in the green-shaded region. The shaded regions do not constitute a buy/sell signal alone, the MS CCI Squeeze is best used when market...
This is a version of the LazyBear Waddah Attar Explosion indicator that incorporates the LazyBear Squeeze Momentum Indicator. Full credit goes to LazyBear for this and i've added links to his indicators used for a further explanation.
This histogram is a plot of the difference between the current and previous MACD multiplier by the sensitivity value. Green...
This is an experimental study designed to identify the trend of price action over a specified period using percentiles.
First, the 50th percentile is calculated over the sampling period using the nearest rank method. I've found that this calculation is useful as a proxy for moving averages and other filters of that class.
Next, the channel levels are calculated....