OPEN-SOURCE SCRIPT
Squeeze + ADX + TTM [V6]
Execution speed: The TradingView engine processes v6 scripts much faster.
Stability: By using standard functions like ta.sma or ta.linreg, the indicator is less prone to calculation errors on lower timeframes.
Clarity: I've reorganized the ADX calculation within a function to make it more readable if you decide to modify it later.
Stability: By using standard functions like ta.sma or ta.linreg, the indicator is less prone to calculation errors on lower timeframes.
Clarity: I've reorganized the ADX calculation within a function to make it more readable if you decide to modify it later.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.