OPEN-SOURCE SCRIPT
Williams Squat Bars
Squat bars are a battle of the bulls and the bears, with lots of buying and selling but little price movement.
A squat bar will be one of the top three OR bottom three bars 85% of the time at the end of a trend.
While all trends end with a squat, all squats are NOT the end of a trend.
A squat bar will be one of the top three OR bottom three bars 85% of the time at the end of a trend.
While all trends end with a squat, all squats are NOT the end of a trend.
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.
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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.
For quick access on a chart, add this script to your favorites — learn more here.
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.