patrickniddrie

Squeeze Momentum Indicator Fixed [LazyBear]

Fixed LazyBear's original script with his modified one.
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.

Want to use this script on a chart?

Comments

Have you noticed the momentum histogram is slighty off compared to the TTM Squeeze indicator in Thinkorswim, and the comparable Tiki Squeeze indicator in Tradovate? I am trying to figure out where this difference is coming from - seems to be more pronounced when the histogram bar values become smaller. Sounds like not that big of a deal, but it makes a difference with the up/down color changes.
Reply