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Squeeze X Alerts BF

This is an alerts script for my Squeeze X strategy.

The default settings are the same. The alerts are based on the long and short signals that occur upon a cross of the momentum line to the positive or negative respectively.

Green background is bullish, red is bearish. Bright green lines indicate a long signal, bright red a short signal.

White background means no trade since we are in a period of choppy/sideways price action.

It can be useful to use momentum as a divergence indicator against price as an aside.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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