// SUPER SQUEEZE // // The idea is to make it possible to identify the ongoing Trend. // The algoritm works as: // // 1. Apply SMMA on the Price. // 2. Apply Bollinger Band and keltner Channel on the SMMA //. 3. If BB is inside KC then there is NoTrend. // 4. Else, if SMMA > KC-Upper then it is a strong UpTrend and // if SMMA < KC-Lower then it is a strong DownTrend // else it is NoTrend // // I've written the 'super_sqeeze' as one single function to make it easy to make // use of it in other projects of mine. The function takes the follwing input arguments: // //. super_squeeze(Price, // example: close // Length, // number of lookback periods, example: 66 // BBmult, // Bollinger Band multipier of the Standard Deviation, example: 1.5 // KCmult) // Keltner Channel multiplier, example: 1 // // The return values from the function are: // //. 1 = Strong Up Trend // 0.5. = Weak Up Trend //. 0. = No Trend //. -0.5. = Weak Down Trend // -1. =. Strong Down Trend