OPEN-SOURCE SCRIPT
Updated [JHF] SQZMOMPRO
A combination of SQZMOM and SQZPRO together.
Extended SQZPRO features
➡️ A Very Narrow squeeze (more than yellow)
➡️ Customizable Squeeze Levels
➡️ Customizable Bollinger Band & Keltner Channel Length, to increase/decrease squeeze sensitivity.
➡️ All of those features, customizable for multiple timeframes: 1 Hour, 4 Hours, Daily and Weekly. (Other timeframes use the Daily settings).
➡️ Added Alerts for each Squeeze Level
➡️ Hourly settings now work with timeframes in seconds. Any timeframe below 1 hour will use the 1 hour settings.
➡️ Weekly settings now work with any weekly/monthly timeframe (regular and custom ones). From 1W to 52W and from 1M to 12M.
⠀
The Daily settings were left with the default SQZPRO values.
⠀
I have already tweaked the 1H and 4H timeframes, but please adjust them to your liking. Those are the settings I use every day.
Extended SQZPRO features
➡️ A Very Narrow squeeze (more than yellow)
➡️ Customizable Squeeze Levels
➡️ Customizable Bollinger Band & Keltner Channel Length, to increase/decrease squeeze sensitivity.
➡️ All of those features, customizable for multiple timeframes: 1 Hour, 4 Hours, Daily and Weekly. (Other timeframes use the Daily settings).
➡️ Added Alerts for each Squeeze Level
➡️ Hourly settings now work with timeframes in seconds. Any timeframe below 1 hour will use the 1 hour settings.
➡️ Weekly settings now work with any weekly/monthly timeframe (regular and custom ones). From 1W to 52W and from 1M to 12M.
⠀
The Daily settings were left with the default SQZPRO values.
⠀
I have already tweaked the 1H and 4H timeframes, but please adjust them to your liking. Those are the settings I use every day.
Release Notes
Updated name and shortnameRelease Notes
Updated Chart.Release Notes
- Removed additional custom color theme clogging the code up.
- Removed many input numbers from showing in the indicator status line.
- Indicator Status line now only displays the lengths.
Release Notes
- Complete rework of the timeframe logic to use arrays.
Release Notes
Squeeze Dots are now always at 0.00Release Notes
Added possibility to display a table aggregating bullish trends performance over a specified date range.Release Notes
- Removed the table
- Added Normalization option (Beta)
- Added Delta Rate of Change (Delta between momentum and signal)
Release Notes
Fixed crossover colors when Normalization is active.Fixed Crossover/Crossunder alerts to use Normalized momentum or not for alerts, depending on if it's active or not.
Release Notes
Added the possibility to change plotline colors.Converted to PineScript v6
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.