KivancOzbilgic

Squeeze Momentum Indicator [LazyBear] Version2 by KıvanÇ fr3762

Modified version of Squeeze Momentum Indicator including line graph of the main indicator instead of using a Histogram and a second Signal line (5 bars SMA of the original line) to provide visual BUY/SELL signals

BUY when Blue crosses ABOVE the RED signal line
SELL when Blue crosses BELOW the RED signal line

author: LazyBear
modified by: KıvanÇ @fr3762 on twitter (tweets are only in TURKISH)



TURKISH EXPLANATION:

Orijinal indikatördeki histogram yerine çizgi grafiği alınarak bu grafiğin 5 barlık basit hareketli ortalaması sinyal çizgisi olarak eklendi.

Al Koşulu: Mavi çizginin Kırmızıyı yukarı kesmesi
Sat koşulu: Kırmızı çizginin Maviyi yukarı kesmesi

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.

Want to use this script on a chart?
Twitter: @kivancozbilgic
Youtube: http://youtube.com/c/kivancozbilgic

Kommentarer

WHAT DOES THE GREY OR BLACK + SIGN INDICATE
+5 Svara
Frazep varunmalhotra21
@varunmalhotra21, when there is a squeeze in the market. If you put bollinger bands on the chart you would see that price is being squeezed. It acts as a filter for when to take a trade. If it gives a buy cross i wouldn't take the trade when the + symbol is black, wait til it turn lighter grey to suggest the squeeze has been released.
+8 Svara
kıvanc hocam sanırım bu daga güzel olmuş benım hoşuma gıttı garan 5 dk halı cok guzel bnce denemelisiniz
+4 Svara
celal.ddmr sayitcan08
@sayitcan08, daga kadar yolu var diyorsun.
+4 Svara
ykose1982 sayitcan08
@sayitcan08, daga nedir hocam? Önce Türkçe yazmayı öğrenin rica ediyorum !
+1 Svara
Merci Arkadash
+3 Svara
Macd'den farkı nedir anlayamadım ? Sinyal görünümleri aynı...
+2 Svara
This is amazing! Used alongside a couple of other indicators, now I don't see how I can lose! Thank you so much for this, from New York!
+2 Svara
MurrayStonks PaulLandowski
@PaulLandowski, Any chance you could elaborate on some of your strategy combining with this indicator? :)
+3 Svara
I like this indicator can you add the 80 and 20 line please
+2 Svara