OPEN-SOURCE SCRIPT
Updated SQN-ChrisD-Fallible

SQN(100) helps identify the market regime
Bull Volatile - Blue
Bull Quiet - Olive
Sideways - Gray
Bear Quiet - Red
Bear Volatile - Maroon
Bull Volatile - Blue
Bull Quiet - Olive
Sideways - Gray
Bear Quiet - Red
Bear Volatile - Maroon
Release Notes
Updated from Version1 of Pinescript to Version 4 for compatabilityStandardized the SQN settings for all asset classes
Standardized colors of SQN
Consolidated neutral instead of neutral volatile and neutral quiet
Blue = Bull Volatile >1.7 and higher
Green = Bull Quiet >.6 to 1.7
Yellow = Neutral between .60 to -.60
Red = Bear Quiet -.60 to -1.70
Crimson = Bear Volatile < -1.70 and lower
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
I write a newsletter about edges in financial markets…and life. Traders responsible for 9+ figures in daily transactions read it and you should too. Former USMC. pollinatetrading.com
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
I write a newsletter about edges in financial markets…and life. Traders responsible for 9+ figures in daily transactions read it and you should too. Former USMC. pollinatetrading.com
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.