Squeeze X BF 🚀 — Strategy by bennef

centeredoscillator momentum squeezemomentum

Credit to LazyBear and Kiasaki for code used in this indicator.

Squeeze Momentum indicator illustrates when a momentum squeeze is happening by calculating when Bollinger Bands are within a Keltner Channel.

This simple strategy is based on when the momentum is crossing positive or negative.

INSTRUCTIONS
Green = Long
Red = Short
White = No Trade

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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