ROBO_Trading

Noro's Squeeze Momentum Strategy v1.0

ROBO_Trading Updated   
This strategy uses 3 different indicators:

1) Squeeze Momentum Indicator (by LazyBear)
2) Color of a candle as filter of signals
3) Candle body size as filter of signals (EMA Body)

Strategy

If Squeeze Momentum Indicator is indicated uptrend both at the same time by a candle red and at the same time more than a third of a body of an average candle - to open long (and to close short)
If Squeeze Momentum Indicator is indicated downtrend both at the same time by a candle green and at the same time more than a third of a body of an average candle - to open short (and to close long)
Release Notes:
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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

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