OPEN-SOURCE SCRIPT
Squeeze X BF 🚀
Credit to LazyBear and Kiasaki for code used in this indicator.
Squeeze Momentum indicator illustrates when a momentum squeeze is happening by calculating when Bollinger Bands are within a Keltner Channel.
This simple strategy is based on when the momentum is crossing positive or negative.
INSTRUCTIONS
Green = Long
Red = Short
White = No Trade
Squeeze Momentum indicator illustrates when a momentum squeeze is happening by calculating when Bollinger Bands are within a Keltner Channel.
This simple strategy is based on when the momentum is crossing positive or negative.
INSTRUCTIONS
Green = Long
Red = Short
White = No Trade
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 publication is governed by House rules. You can favorite it to use it on a chart.
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