timmy1986

Multi-Timeframe Squeeze Pro/DIM/Momentum/MA

IMPORTANT NOTE:

-> The table will not display any timeframes lower than the current one
-> This indicator combine multiple popular indicators and give ability to use them on Multiple timeframes ( MFT )
-> Indicators used for the MFT are: Squeeze / Momentum / 10X DIM and Stacked MA (or EMA )
-> Give at glance a good way to see the trend all different timeframes
-> If you are using in combination with squeeze pro please use the one from @Beardy_Fred since it matches the colours and condition used

Credits:

-> J. Welles Wilder creating the Directional Movement System (DMS) (1978); and
-> John Carter applying the DMS to create the popular Simpler Trading 10X Bars indicator.
-> @Beardy_Fred creating a first version including MOM and SQZ
-> Makit0's evolution of Lazybear's script to factor in the TTM Squeeze Pro upgrades - Squeeze PRO Arrows

I have adapted the version from @Beardy_Fred to provide a more complete and customisable indicator while including also the Stacked EMA /MA for further validation

Explanation:

You can learn more about each indicators following those links:
  • Squeeze Pro:
  • 10X:
  • Momentum Histogram:

The stacked EMA /MA highlights when the MA/ EMA are in order:

  • Red when they are stacked from the highest to the lowest
  • Green when they are stacked from the lowest to the highest
  • Yellow when they are stacked without a clear order

Customisation:

You can customise:
  • Timeframes
  • Settings for each indicators (10X/MA/Momentum/Squeeze)
  • Colors
  • Visibility

Trade Signals:

If you are going Long, Since this is a combination ideally on the timeframe you are trading you should have all green + green on the above timeframes (those colors are the default ones but can be changed)
-> Green on 10X indicator meaning you are in an uptrend
-> EMA or MA (depending on the configuration of the indicator) Green meaning EMA or MA
-> Squeeze should be Orange or Red ideally (indicating an high or medium Squeeze)
-> Momentum should be Cyan indicating an increase in momentum (while Dark Blue could indicate a reversal)

Standalone indicators:

- Squeeze Pro
- 10X Bar
- Stacked MA
- Momentum

Skrypt open-source

Zgodnie z prawdziwym duchem TradingView, autor tego skryptu opublikował go jako open-source, aby traderzy mogli go zrozumieć i zweryfikować. Brawo dla autora! Możesz używać go za darmo, ale ponowne wykorzystanie tego kodu w publikacji jest regulowane przez Dobre Praktyki. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.

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