Here we have the Histogram version, with background highlights only, and nothing on the chart, in true SQZ Momentum style.
Disclaimer: using this indicator, or any indicator anywhere, involves risk when trading and isn't a guarantee of 100% accurate results.
Selectable Plot Style: Users can now choose between two plot styles, "Histogram" and" Columns" , to best suit their visualization needs. This option can be found under the 'Plot Style' dropdown in the script's input menu. Select 'Histogram' for a traditional histogram view or choose 'Columns' for a column-like display.
Toggle Horizontal Lines: I've also added a feature allowing users to turn the visibility of horizontal lines on or off. You'll find this option as a switch titled 'Bands' under the script's input menu. By default, the horizontal lines are visible, but if you prefer a cleaner chart, you can easily hide these lines by turning off the switch.
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.