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Pivot Squeeze Strategy

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An extension of my Pivot % Indicator.

How It Works:
The indicator calculates the percentage distance between your current price and the last pivot high/low points. When this distance shrinks below your squeeze threshold (default 5%), you're in compression mode. When it explodes beyond the squeeze threshold, that's your signal to jump in.

Key Features:

Visual Histogram: Green/red bars show if you're above/below pivot levels, orange means you're in the squeeze zone
Smart Exits: Optional breakout cross-under exits (long trades exit when crossing back under the upper breakout line, shorts exit when crossing back above the lower line)
Risk Management: Built-in ATR-based stop losses and take profits
Multiple Trade Modes: Go long-only, short-only, or both directions
Date Range: Backtest the strategy within different timeframes

Looks promising for more volatile tickers or crypto

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.