OPEN-SOURCE SCRIPT
Updated [JHF] SQZMOM Squeeze Momentum Version 3

- Adapted from KivanÇ's Version 2 to be updated to PineScript Version 5.
- Fixed calculation method on line 19 to use the right input value for multiplier.
- Based on LazyBear SQZMOM indicator
Release Notes
Fixed screenshot.Fixed red color.
Release Notes
Added names to the plots for better alert management.Release Notes
Added Reversals HighlighterAdded Slope plots to see the speed at which the sqzmom is moving, as well as a signal SMA slope plot.
All of the new features can be disabled in the settings.
Release Notes
- Added built-in daily Script Alerts based on reversals.
- Added Dark Mode v1
- Added Delta Slope (calculates the difference between the SQZMOM and SMA slopes)
Release Notes
Fixed an error that would not display bearish colors correctly on SQZMOM Slope.Release Notes
Added Multi-Timeframe possibility.Added Hourly, 4H and Daily configuration.
Default config for timeframes higher than 1D is the Daily.
Default config for timeframes below 1H is 1H.
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.
The Real World - Stocks Campus:
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
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.
The Real World - Stocks Campus:
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
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.