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UDAY_C_Santhakumar
Jan 27, 2015 1:47 AM

UCS Squeeze Bar 

Description

This indicator is a request from tvmember jackvmk. Credits to jackvmk.

Squeeze bar = a bar which encompasses 5, 10, 15, 20, 30, 40 SMA
Squeeze bars high and lows are support and resistance. when price break one of them, this direction is direction of explosion.

I have added a further more customization
1. Using EMA instead of SMA
2. Using Heikin Ashi Optimization
3. Using Realbody (ignore wicks)
4. Plot the MA Ribbon
Comments
YardleyRosette
What is UCS_SQ7_Opt full name, the one in the second indicator window?
YardleyRosette
@YardleyRosette, I'm sorry I read it incorrectly.
MONEYMENOW
Man, what do u have for breakfast.. u smart mate..
UDAY_C_Santhakumar
Actually Nothing. ;)
MONEYMENOW
I can believe that because as per Ayurvedics, morning breakfast should be avoided for higher mental development... Well, good work mate..
UDAY_C_Santhakumar

Another Strategy I am close to completing.
UDAY_C_Santhakumar
The Beauty about the strategy is, It great for hedging. Like for instance, during the same week. WYNN was long and ENDP was short. Had equal position based on R/R position sizing. Both are closed profitable.

MONEYMENOW
Hi Indicator Champ..(I mean it with lot of respect).. Can I please have the latest in the squeeze collection.. Please..
UDAY_C_Santhakumar
Still Work in progress. Will update as i get to a point of completions.
MONEYMENOW
sure Sir.. shall wait.. I wish I knew programming.. but with well wishers like u, the world is still liveable..
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