The idea of the Squeeze is to figure out when the market is primed for a movement. The script is based on the excellent description of John Carter on the second edition of his book. I made a few changes regarding the sources of data, he uses a plain momentum oscillator, I have added an aggressive and a conservative profile. Aggresive profile is good for entries as the oscillator has a faster response while the conservative is better for entries as it will keep you in the trade. In conjunction with other tools like volatility adjusted bands you can create rules that would use both triggers.
Informacje o Wersji
⋅
Updated the aggresive profile to show high risk entry points. Improved the calculation of the Bollinger Bands and the Keltner Channels using zero-lag moving averages instead of traditional ones, allowing to have finer degree of control over the entries and the exits.
Informacje o Wersji
⋅
Includes a volume filter for the aggressive entry making the entry point more precise.
Informacje o Wersji
⋅
Allows using the original TTM Oscillator alongside with the more sensible one.
can i have acces to your script?
also is there a way to insert alert when a squeeze is happening?