OPEN-SOURCE SCRIPT
Updated [JHF] SQZPRO Multi Timeframe

New version based on the original SQZPRO by Makit0, with many new features for advanced users, including:
Any comment can be left here, or tag jhf in The Real World Stocks Campus.
- A fourth level of compression (Very Narrow), in purple. This level displays 10% more compression than the yellow dots.
- Customizable Threshold for 4 timeframes. Other timeframes adopt the "Daily" settings.
- Customizable Bollinger Band and Keltner Channel Moving Average Length, to increase or decrease the sensibility depending on the timeframe.
- A Reversal Signal can be displayed when the Squeeze Momentum crosses above or below its moving average.
Any comment can be left here, or tag jhf in The Real World Stocks Campus.
Release Notes
Added Alerts to know when an assets gets to a specific squeeze levelAdded values to the squeeze dots depending on their squeeze level:
- 0.00 = No Squeeze
- 0.01 = Mild Squeeze
- 0.02 = Medium Squeeze
- 0.03 = Tight Squeeze
- 0.04 = Very Tight Squeeze
These values can be used to set alerts on the indicator's "Squeeze Dots" series. For example "Moving Down 0.01 within 10 bars" to know when a squeeze is releasing.
Release Notes
Fixed Squeeze Dots value for tighter squeezes on the chart (0.04,0.03, etc.).Added validation for alert conditions.
Cleaned code.
Release Notes
New update:Any timeframe lower than 1 hour will use the 1 hour settings instead of the daily settings.
Release Notes
Hourly settings now work with timeframes in seconds. So everything below 1 hour will use the 1 hour settings.
Weekly settings now work with monthly timeframe and multi-month timeframes as well as multi-weeks custom timeframes.
Release Notes
4H settings now apply for custom timeframes between 2H and 18H.Release Notes
Added Monthly Timeframe.Weekly will only affects timeframes in weeks.
Monthly affects timeframes in months.
Tweaked default settings for Monthly timeframe.
Release Notes
Cleaned the status bar to contain only the BB Length for each timeframe, instead of all the inputs at once.Release Notes
- Added new alerts for trend reversals
- Stylized existing alerts
- Added a small extra setting at the bottom of the settings list.
Release Notes
Massive update- Cleaned up the status line, keeping only the BB/KC lengths in there.
- Full rework of the timeframe logic using arrays
- Squeeze Dots are now always at 0.00 for more consistency on the charts, regardless of the squeeze level.
- Removed the "JHF Theme" which had no meaning in there. Set your own custom colors in the settings :)
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.
The Real World - Stocks Campus:
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
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.
The Real World - Stocks Campus:
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
Stocks, Options, Futures, Forex, Crypto, this is what we trade.
Learn profitable trading systems or build your own, just like I did.
jointherealworld.com/?a=tkbmft8bqf
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.