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Squeeze Momentum with DMI confirmation strategy

Skyrex  
Volume Volatility Trend Analysis squeeze squeezemomentum momentumstrategy strategy DMI
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volumestudies volatility trendanalysis squeeze squeezemomentum momentumstrategy strategy dmi
The script combines Squeeze Momentum and Directional Movement Index (DMI) confirmation. It provides long and short entry and closure daily trade signals, suitable for Spot, Marginal and Futures exchanges

The strategy components are customizable:
  • Change risk management settings (take profit, stop loss, trailing)
  • Change signals filters
  • Enable TrueRange or disable
  • Change lengths and periods of components

    Advantages:
    1. Deal start condition includes the following filters and requirements:
  • Momentum value is adjusted using a relative proportion of volume at each timeframe scale to exclude a chance of opening position at a low impulse stage
  • Squeeze momentum trigger condition is automatically checked before a position is opened
  • +DI , -DI and ADX values are taken into account to confirm the trend direction
    2. Exit positions using unique risk management settings for each asset
    3. Strategy allows to connect broker or automatic trading system using web hook alerts

If you want to obtain access to the strategy please send us a personal message
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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Skyrex for more information, or follow the author's instructions below.

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