OPEN-SOURCE SCRIPT

UCS Squeeze Momentum Overlay with Alerts

21 765
All credit to the great ucsgears. His original indicator is on this page:
UCS_Squeeze_Momentum_Optimized_Overlay


I just remixed the visuals and added alerts when price is released from the squeeze. I find it works well on lower timeframes for Forex and Bitcoin. Suggestions for other instruments and timeframes are welcome! When adding alerts use 'On Condition' to get the fastest alerts.

Best used in conjunction with the USC_SQZ_Opt Ooscillator from this page:
UCS_Squeeze_Optimization


Possibly useful tip: the squeeze code here is great for identifying ranging markets, and can be used with other indicators to stop alerts firing in choppy markets.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.