Hamdan Squeeze Momentum

Hamdan Squeeze Momentum


The script of is show Squeeze bar.

█ FEATURES

Study Is Based In Momentum Indicator :

Green : Uptrend in general
Lime : Spots the current uptrend leg
Black : The maximum profitability of the leg in a long trade
The Squeeze happens when Green+Lime+Black are aligned (the larger the values the better)

Maroon : Downtrend in general
Red : Spots the current downtrend leg
Black: The maximum profitability of the leg in a short trade
The Squeeze happens when Maroon+Red+Black are aligned (the larger the values the better)

Yellow : The trend has come to a pause and it is either a reversal warning or a continuation. These are the entry, re-entry or closing position points.

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