Companion script for Squeeze Momentum Indicator that plots the signal on chart.
Script Modified from LazyBear Original TTM Sqz Script
EN: This Algorithm is a derivative of John Carter's "TTM Squeeze" volatility indicator. Many strategists have taken the indicator on Tradingview with simple moving averages and have looked at the biggest mistake only by dealing with squeeze and exit processes to squeeze. But I used the algorithm to determine where the markets would actually explode. For example,...
EN: This Algorithm is a derivative of John Carter's "TTM Squeeze" volatility indicator. Many strategists have taken the indicator on Tradingview with simple moving averages and have looked at the biggest mistake only by dealing with squeeze and exit processes to squeeze. But I used the algorithm to determine where the markets would actually explode. For example,...
This indicator uses different volatility channels - Bollinger Band, Donchian Channel and Keltner Channel width to measure volatility. Indicator plots channel bandwidth percentage with respect to close price. This is not same as Bollinger Percent B - which is measure of where price is with respect to band. Instead this indicator is similar to ATR Percent...
Another adoption of supertrend. This time based on different channels - Bollinger Band, Keltner Channel, Donchian Channel and Pivot point based Donchian channel. When price hits top of bands, it is considered as start or continuation of uptrend. When price hits bottom of the band it is considered as start or continuation of downtrend. Hence, supertrend is drawn...
This is a series of three Keltner channels, which are essentially sets of EMAs with a multiplier to spread them for dynamic support and resistance structures. Keltner can be used similarly to Bollinger Bands, but price can remain outside of the EMA range for extended periods of time. Users can change the collective resolution, individual length, individual...
This is a Multi Time Frame squeeze strategy that has been consistently catching large BTC and ETH moves. It's building up on the basic squeeze play of both the upper and lower Bollinger Bands going inside the Keltner Channel and in one indicator quickly seeing when both Bollinger Bands start to come out of the Keltner channel and positioning us for the large...
Putting multiple bollinger bands/keltener channels together helps visualize the relative price movement. I have also used this in my BuyTheDip V2 strategy to measure dip and bounce back. 7 Standard deviation is used here. These are calculated based on the input fields StdDevStart and StdDevStep .
This indicator is an updated version and alternative to the ETS Trending Arrows indicator that contains the results of years of trial and error to create an indicator aiming to mimic market entry points that a professional trader would take. It has arrows to clearly show potential market entry points, and suggested stop-loss levels. This particular updated...
█ OVERVIEW This is Screener script for Mean Reversion Channel Indicator █ Description & How To Use The screener works by scanning through up to 40 symbols and list down symbols that are currently within Overbought/Oversold Zone as defined by Mean Reversion Channel indicator. The Overbought/Oversold Zone are further categorized and sorted by: Strong :...
Description : Mean Reversion Channel objective, based on Mean Reversion theory ( everything has a tendency to revert back to its mean), is to help visualizing: Inner Channel -> Dynamic Support and Resistance Outer Channel -> Overbought/Oversold Zone which may signal consolidation phase or potential reversal due to unsustainable move Details on some of...
This is an overlay indicator showing a strong potential for entry into an option spread trade. 2 background shadings will occur: The background will shade blue if the ticker is prime for a Bullish Call spread. The background will shade purple if the the ticker is prime for a Bearish Put spread. In theory, if the SE Strength is at one of the extremes of the Bear...
This is a bar chart showing the strength of a potential option spread entry using 8 conditions for each side of a trade, bull or bear. In theory, if the SE Strength (Spread Entry Strength) is at one of the extremes of the Bear or Bull side, then a spread is prime for entry. To calculate this, the 8 conditions receive a 1 or zero dependent on whether the...
This script uses basic statistics to exploit mean-reversion conditions in the market. The idea of mean-reversion is similar to stretching an elastic band. After a certain level, the potential energy to snap back to the initial position increases. For the case of the markets, the initial position is the mean price. Entries and exits are clearly represented...
Abstract This script computes moving averages which the weighting of the recent quarter takes up about a half weight. This script also provides their upper bands and lower bands. You can apply moving average or band strategies with this script. Introduction Moving average is a popular indicator which can eliminate market noise and observe trend. There are several...
Volatility Squeeze Indicator conditions based on lowest ATR ,proportion of Bollinger and keltner channel upper and lower bands. Usage to identify and highlight Squeeze region when if indicator value <1 means Squeeze On and >1 ...
These bands use KAMA for the basis, build Keltner Channels that you might expect high probability reversals to occur from. I named it Tobacco Channel because I found its idea in Cuban's Reversion Bands — Indicator by cubantobacco.