Squeeze momentum indicator lazy bear code#
Squeeze momentum indicator lazy bear free#

To produce Buy/Sell signals, the Squeeze indicator is plotted along with Momentum Oscillator When the volatility increases, so does the distance between the bands, conversely, when the volatility declines, the distance also decreases and in such cases the squeeze is said to be released (indicator turns on, displayed with triangle up or triangle down shapes) The Squeeze Indicator finds sections of the Bollinger Bands which fall inside the Keltner's Channels and in this case the market is said to be in a squeeze (indicator turns off, displayed with grey diamond shapes in this study) Please ensure that your future posts meet these few simple forum rules.The Squeeze Indicator measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out (whether up or down). If you would like to contact another forum member directly outside of the forums then contact the forums administrator via ‘Contact Us’ and they will pass your details on to the member that you wish to contact.Īlways be polite and courteous to others. Do not use meaningless titles such as ‘Coding Help Needed’.ĭo not include personal information such as email addresses or telephone numbers in your posts. Describe your question or your subject in your title.

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Squeeze momentum indicator lazy bear code#

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Squeeze momentum indicator lazy bear free#

if you are requesting a free conversion from another coding language to ProRelaCode the follow the instructions here and from the link found under ‘Help’: Plot(0, color=scolor, style=cross, linewidth=2)īesides breaking some simple forum rules with your post…. Plot(val, color=bcolor, style=histogram, linewidth=4) Scolor = noSqz ? blue : sqzOn ? black : gray Val = linreg(source - avg(avg(highest(high, lengthKC), lowest(low, lengthKC)),sma(close,lengthKC)), NoSqz = (sqzOn = false) and (sqzOff = false)

SqzOn = (lowerBB > lowerKC) and (upperBB upperKC) UseTrueRange = input(true, title='Use TrueRange (KC)', type=bool) MultKC = input(1.5, title='KC MultFactor') Study(shorttitle = 'SQZMOM_LB', title='Squeeze Momentum Indicator ', overlay=false)