ChrisMoody

2 Popular Indicators! Volatility Squeeze, Momentum w/ Smoothing

NASDAQ:AAPL   APPLE INC
5267 17 37
If your familiar with this Indicator ENJOY….Markets typically consolidate before BIG Moves. Works best on Volatile Instruments on all time frames. Lower time frames consider taking signals with the Daily/Weekly Trend. Specifics in first post.
If your having trouble installing indicators this video link will walk you through it.

http://vimeopro.com/user14689865/tradingviewcom-how-to-videos
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Momentum Indicator gives example of how to apply 4 different colors based on direction above and below the zero line.

Momentum period = amount of bars it references. To use with the squeeze default period is 12.

Momentum Smoothing = Moving Average of Momentum period. A setting of 1 = normal Momentum Indicator. If using Indicator with Squeeze Default is 10.

Squeeze Indicator.
Green = No Squeeze.
Red = Squeeze, when Red changes to Green shows Breakout of Volatility Squeeze.
+1 Reply
elp
2 years ago
Thank you for sharing!
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Kautilya PRO
2 years ago
Chris - once again an excellent post. Thank you.
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ericktatch
2 years ago
That's brilliant!!! Please how to code MACD (Histogram/line) to change colors according to direction? Thanks.
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ChrisMoody PRO ericktatch
2 years ago
just created your indicator...let me know if anything is missing...

Indicator - MACD w/ 4 Color Histogram

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Very useful indicator thank you Chris,
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ChrisMoody PRO HermanBrummer
2 years ago
No Problem
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stockingstuffer9
2 years ago
Chris,

First off, thanks for the chart. How does this compare to a John Carter TTM Squeeze indicator as seen in this youtube video: http://www.youtube.com/watch?v=JVeBrkHdSY4 . That's ultimately what i'm looking for. Thanks in advance.
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ChrisMoody PRO stockingstuffer9
2 years ago
Didn't watch the Video but I've followed John and Hubert for about 10 years so I'm 100% familiar with their Squeeze indicator...It matches up 100%. John and Hubert didn't invent the "Squeeze" and a long time ago they used to give the code out and say you can either plot the Bolinger Bands and Keltner Channels on your chart with Momentum on the bottom and see the Squeeze...or you can buy our indicator that "Looks Better"...

Therefore I thought it would be fine to post the indicator. The capability is there to make it look Exactly like the one they use....but even though they didn't invent the Squeeze they did code the version that I'm sure you saw in the video so I didn't think it would be right to post that Exact version. However, The Momentum and the Squeeze I posted above plots exactly as theres does and it's the same code. I own all their indicators on multiple platforms and I verified the results.

You can PM me if you have any questions....The Screen Shot shows the capability to make a version like the one in the video...But you can see it matches up perfectly with the indicators above...

snapshot
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ucsgears PRO
2 years ago
Hey Chris, Good Job.

I think the Bollinger Band input you have set it to 2.0.

Is there a way to automatically plot a vertical line on Monthly option expiry?

Is there a way to show the implied volatility % Label?
+1 Reply
ChrisMoody PRO ucsgears
2 years ago
The Bolinger bands settings are 20, 2.0...which means looking back at 20 bars, with a 2.0 standard deviation of the mean...which is the 20 period SMA...

As of right now you Options expiration is not incorporated in to the platform...since options aren't offered yet..

I could create a script that plots a vertical line on Options Expiration...but you would have to manually put in the expiration dates.

Let me look in to how Implied Volatility is calculated....I view it on my options platform...but it's already built in so I've never had to write a study for it...PM me tomorrow and remind me if I haven't responded
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surangadesilva
2 years ago
Thanks for Sharing. I'm trying to get the code as you advised above but could't find it. Could you please help me with the link ? Thanks
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ChrisMoody PRO surangadesilva
2 years ago
This chart was posted a long time ago before upgrades on getting code. On the chart at the top of the page on the top left there is a icon that if you hover over will say "Share"...click on th share link then select Make It Mine or Make Chart Mine....After you do that go down to both indicators...On the top left of each indicator by the name there will be "Brackets" ...if you click on the brackets it will show you the Source Code. After you see the source code click save and it will be in your indicators under Custom Indicators. If that's not clear please respond below.
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oxfordstrat
2 years ago
The volatility squeeze backtest on a large portfolio: http://www.oxfordstrat.com/trading-strategies/volatility-squeeze/
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al.tribun
10 months ago
Hi. How can I get this Squeeze Indicator?
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LuigiRensinghoff
2 months ago
Hi -- looks like the post is outdated - Cannot find any code anywhere....
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