Sqeeze Momentum, DMI and Parabolic SAR strategyThe script combines Sqeeze Momentum, Directional Movement Index (DMI) and Parabolic SAR indicators in long and short scalping strategies
When conditions of long or short position from all mentioned indicators are met script opens position. Once trend changes it closes position and fixes profit
Advantages:
1. Deal start condition includes the folowing filters and requirements:
- Momentum value is adjusted using a relative proportion of volume at each timeframe scale to exclude a chance of opening position at a low impulse stage
- Squeeze momentum trigger condition is automatically checked before a position is opened
- +DI , -DI and ADX values are taken into account to confirm the trend direction
- Position size is taken into account to ensure there will not be opened any excess deals or alerts
2. Exit deal condition was modified using Parabolic SAR indicator. Hence, it is ensured positions will not be closed in a middle of a trend
3. Study is modified into strategy allowing you to use it directly through the trading panel
If you want to obtain access to the strategy please send us a personal message
Squeezemomentum
(JS) Squeeze Pro 2This is my version of the updated classic indicator created by John Carter. I plan on adding a Squeeze Overlay script in the future that will pair with this one as well for additional signals.
So to break down the Squeeze, what it is, how it works, etc - you have to look at the components that make it up.
1. Bollinger Bands
2. Keltner Channels
3. Momentum
The momentum in this indicator is smoothed out using linear regression (shout out to Lazy Bear, it's a much simpler way to do it, imo).
The momentum is what is displayed on the indicator as a histogram, its purpose is obvious (to show momentum).
Now what is a Squeeze? A squeeze occurs when Bollinger Bands tighten up enough to slip inside of Keltner Channels.
This is interpreted as price is compressing and building up energy before releasing it and making a big move.
Traditionally, John Carter's version uses 20 period SMAs as the basis lines on both the BB and the KC.
In my version, I've given the freedom to change this and try out different types of moving averages.
His original squeeze indicator had one Squeeze setting, though this new one has three .
The white dot Squeeze , call it a "low squeeze", an "early squeeze", whatever you'd like - this is the easiest Squeeze to form based on its settings.
The red dot Squeeze is the original from the first Squeeze indicator.
And finally, the yellow dot squeeze , call it a "high squeeze", "power squeeze", once again whatever you want - is the most difficult to form and suggests price is under extreme levels of compression.
From what I've witnessed John Carter say in the past, the squeeze is meant to be used for continuation.
Now to explain the parameters:
Squeeze Input - This is just the source for the Squeeze to use, default value is closing price.
Length - This is the length of time used to calculate the Bollinger Bands and Keltner Channels.
Bollinger Bands Calculation Type - Selects the type of moving average used to create the Bollinger Bands.
Keltner Channel Calculation Type - Selects the type of moving average used to create the Keltner Channel.
Color Format - I have created 5 different color schemes, this allows you to choose one.
Draw Divergence - Self explanatory here, this will auto-draw divergence on the indicator.
Gray Background for Dark Mode - This is something I put on all my indicators to make them more visually appealing.
Moving on to the alerts, I have made some basic alerts to notify certain indicator conditions (I had to revise it back from the prior version, as V4 of PineScript limits outputs).
6th Dot Alerts - This will inform you when a certain Squeeze makes it 6 dots in. Why 6 dots? That is what John Carter said to be his preference.
12th Dot Alerts - Think of this as a "prolonged Squeeze" alert. I feel like if they do run this long you likely need to go up in resolution, but some traders prefer certain time increments so this is for them.
End of Squeeze Alerts - Self explanatory again - once a Squeeze has concluded this will provide you with a notification.
Start of Squeeze Alerts - Opposite of the alert above, notifications come when a Squeeze begins.
Zero Line Alerts - This will inform you of when the momentum makes a bullish or bearish move across the zero line.
I hope that I've done well enough explaining the indicator and how it works, for any further information on it I suggest you check out Simpler Trading and get linked up with John Carter over there.
He does lots of videos, webinars, and of course you can always get the official indicator and his signals there too.
SMS Strategy [Nicholas Merten] - Blockchain SpecialistsHi, this is my interpretation of the indicator previous coded by u/SandRocks99 - His version can be found by searching:
"SMS Indicator"
*Please check out this indicator first*
My version of the SMS strategy functions as a TradingView Strategy to show where Long Positions (or Short Positions) could be entered. It also allows for every indicator variable to be altered and fine tuned to try and improve the strategy.
Also, as a bonus I've made an optional addition of a Percentage Trailing Stop.
To fix how it looks please go into Style Settings and un-check every box excluding 'Points Required' and 'Strategy Points'.
Any issues let me know.
Mosasaur Pro BacktesterBacktester indicator for Mosasaur ◬ | Comprehensive & Profitable Trading Setup Builder available for free here.
Scroll all the way down in the setting menu to adjust the backtesting strategy.
Current features:
Find out the backtesting results for your customized strategy.
Set alerts for strong buy, buy, strong sell and sell signals.
Option for waiting fractal candle stick pattern before entering or exiting.
All features and setups used can be found on this tradingview page.
This backtester has settings of:
Setting 1 lets user select the source for putting a buy order.
Setting 2 lets user select the source for putting a sell order.
Setting 3 defines how much percent user wants to risk per trade to buy.
Setting 4 defines maximum possible trades for buying.
Setting 5 lets user only buy with fractal bottom after a buy signal has been found.
Setting 6 lets user only sell with fractal top after a sell signal has been found.
Setting 7 lets user only buy if the pre defined time period has elapsed on the chart.
Setting 8 lets user only sell if the pre defined time period has elapsed on the chart.
Setting 9 lets user only buy with a strong buy signal (orange color).
Setting 10 lets user only sell with a strong sell signal (purple color).
Setting 11 defines the time period to be elapsed to trigger a buy.
Setting 12 defines the time period to be elapsed to trigger a sell.
Upcoming features:
Advanced pre-defined strategies for user to select from. This will also auto adjust the setups and time frames being combined.
Stop Loss and Stop to Trailing options for the strategy.
Stop Loss and Stop to Trailing alerts.
Defining risk/reward ratio before entering the trade.
~Bo
Founder of Megalodon Indicators
Squeeze X Alerts BFThis is an alerts script for my Squeeze X strategy .
The default settings are the same. The alerts are based on the long and short signals that occur upon a cross of the momentum line to the positive or negative respectively.
Green background is bullish, red is bearish. Bright green lines indicate a long signal, bright red a short signal.
White background means no trade since we are in a period of choppy/sideways price action.
It can be useful to use momentum as a divergence indicator against price as an aside.
Squeeze X BF 🚀Credit to LazyBear and Kiasaki for code used in this indicator.
Squeeze Momentum indicator illustrates when a momentum squeeze is happening by calculating when Bollinger Bands are within a Keltner Channel.
This simple strategy is based on when the momentum is crossing positive or negative.
INSTRUCTIONS
Green = Long
Red = Short
White = No Trade
TA-Money Flow-Version5This is the MACD of a stochastic OBV movement indicator, Squeeze Momentum Indicator, and addition coloring for Market Direction Indicator . It is good (right) to work with both price and volume.
In this version we've moved the divergence highlighting to symbols at the ends of the histograms. Same coloring scheme as previous, yellow is divergence of either OBV or SQZ , red is both divergence. In the previous version we added in the "squeeze on - blue" highlighting to show follow through of divergence (or just squeeze/stall). We also added in another old script, but colors so well, Lazybears (Market Direction Indicator, linked below). Also incorporated a 3 color or 5 color scheme from the MDI script as a bool. It works great on any time frame, but you need to have volume data. Not sure where I originally got this (stoch-OBV, somewhere off Tradingview several years ago, thanks to the person who shared), Squeeze/MDI is Lazybear, links below.
Enjoy.
Version 5:
Moved divergence highlighting to symbols on histogram
Added coloring based on MDI
TA-Money-Flow-Version4
TA-Money-Flow-Version3
TA-Money-Flow-Version2
Squeeze-Momentum-Indicator-LazyBear
Market-Direction-Indicator-LazyBear
MACD SqueezeJust saw this on a particular website and created my version of it.
A practical modification of MACD and Squeeze Momentum. The MACD histogram is colored in green or red depending on whether the squeeze momentum is active or not.
Additionally, the MACD line is colored green if the RSI is oversold and red if it's in the overbought levels.
TA-Money Flow-Version4Updated for TV-Pine V4
This is the MACD of a stochastic OBV movement indicator and now the MACD of the Squeeze Momentum Indicator. It is good (right) to work with both price and volume...it is also good to utilize the most popular indicator ever in TV (Lazybear).
I've included highlighting based on price divergence, yellow is divergence of either OBV or SQZ, red is both divergence, and then I've also built in the "squeeze on - blue" highlighting to show follow through of divergence. It works great on any time frame, but you need to have volume data. Not sure where I originally got this (stoch-OBV, somewhere off Tradingview several years ago, thanks to the person who shared), Squeeze is Lazybear, links below.
Enjoy.
Version 4:
Updated OBV equation because TV-Pine V3 broke in V4
Included MACD of Squeeze for histogram
Included "squeeze on" highlighting
TA-Money-Flow-Version3
TA-Money-Flow-Version2
Squeeze-Momentum-Indicator-LazyBear
Squeeze - Expansion Indicator - JDThe Squeeze-Expansion Indicator or SE indicator shows the contraction and expansion of the volatility of the price,
it does this by evaluating the movement of the standard deviations of the price.
This indicator can be use in a similar way to ADX and momentum indicators and can potentially keep you out of NO-TRADE zones
It can also be used as an exit indicator to show when a move has likely lost momentum.
color coding of the SE indicator
-the BLUE area indicates the AMOUNT of SQUEEZE of the price deviations
-the ORANGE area indicates the AMOUNT of EXPANSION of the price deviations
-the highlighted (BLUE) line indicate SQUEEZE tightening
-the highlighted (GREEN and RED) lines indicate the RELEASE
- BLUE line rising indicates a likely bounce back if the price
- GREEN/RED line rising indicates a likely continuation/breakout of the price
JD.
#NotTradingAdvice
#DYOR
I build thes indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
(JS) Bollinger Band Momentum Average Trailing StopsA tool I made to use alongside the Bollinger Band Momentum Average - fairly simple to use. It has the same settings as the BBMA so you can match them together.
If you prefer a wider stop than a close on the opposing side of the BBMA, this is for you.
The "stop" is triggered by a close on the other side of the stop line line turns red whenever the stop is triggered.
The calculation is simple:
The stop on the short side it is High - BBMA over the length of time you select to use (20 is default).
On the long side, it is BBMA - Low also over the preferred length of time you select to use.
Note: Just shorten the length to make a tighter stop.
(JS) Bollinger Bands Momentum AverageSo this is something I've been using with my Squeeze system that I have found very useful (great addition especially if you use the Squeeze Arrows).
First thing I'd like to point out is that the default setting (20 SMA) is also the default for the Bollinger Bands basis line, so I recommend using the line set at the default.
First thing you'll notice is that whichever side of the line the candles close on, that basically determines the direction of the arrow for the Squeeze Arrows.
So this is extremely helpful in case momentum shifts after an arrow signal is given, if you see the price shoot to the other side of the line you can use that as a means of protection.
Second, the line is color coded in a way that I hope helps with entries and exits.
The colors of the line change based on two things:
1. If there is currently a squeeze.
2. Are the Bollinger Bands expanding or contracting.
Generally speaking, when the bands are contracting (light green and light orange default colors) this is the ideal time for entry before a trending move occurs.
Same thing on the flip side when they're expanding (dark green and dark orange default colors), that's usually the better time to exit.
Now what's the difference between orange and green?
Green = There's an ongoing squeeze
Orange = There's currently no squeeze
So playing the side of momentum when the line is light green and starts to break in a certain direction would be the ideal entry.
And, if momentum changes from that point, you can always use a close on the opposite side of the line as a stop (or an entry the other way).
This is something else I've been using on my own for a little while prior to publishing and it has been a tremendous tool for me. Hope it helps you all as much as it has me!
(JS) Sustained Velocity Squeeze IndexSo I have revamped my original SVI indicator with the new Squeeze Pro system and have fused them together to form a single and extremely versatile indicator.
First, allow me to share the description on the original SVI, as all of this still applies:
" The Sustained Velocity Index is an original indicator I've created as a means to accurately measure parabolic moves to the up or down side.
Acceleration
I have added Acceleration to the equation which you can turn on and off.
This is meant to amplify the value when the move is sustained in a given direction.
What this does is amplify the reading based on consecutive green or red candles.
You can also change the Acceleration sensitivity with 5 being the strongest and 1 being the weakest.
Length
This is rather obvious - the look back period for the math formula.
However - I did include presets that I thought best suited Daily/Weekly/Monthly which you can toggle on and off
The rest of the options are purely cosmetic;
Backgroud Off - Turn the indicator background colors on and off.
Simple Background? - This toggles a simple two shade background on and off.
Background Transparency - Allows you to adjust the transparency of the background colors.
Plot Background Off? - Allows you to toggle the background inside the plot on and off.
Plot Line Color Off? - If you don't like the way the plot line changes colors, this turns it white.
Color Scheme - Four schemes to choose from, first three are color based, the last one is a plain version.
Plot Width - Adjusts the width of the plot line on the indicator.
Plot Line Value? - Toggles a line on the indicator at the current value on and off. "
Regarding the Squeeze Pro:
" The new Squeeze Pro has three different squeeze types rather than a single signal.
White = Warning/Low Squeeze
Red = Regular/Mid Squeeze
Yellow = Power/High Squeeze "
So what does this new indicator do? well - it does everything above, for one. Also, it allows you to use these indicators (Squeeze and SVI) separately in more ways than one, or if you choose so, individually. The default layout is the SVI overlayed on top of the Squeeze Momentum which can be seen in the background allowing you to be aware of both simultaneously, and done in a way that doesn't feel cluttered.
So here''s the new features:
Squeeze Momentum Off - This is rather obvious, when selected this will only show the SVI, no squeeze overlay.
Squeeze Momentum Only - Obvious again, when this is on SVI is removed and only the Squeeze momentum appears on the indicator.
Squeeze Momentum Plot Transparency - This toggles the opacity of the Squeeze momentum when it is overlayed with SVI, so you can bring it out/fade it back more depending on your preference.
Combined Indicator - This is the really cool feature. I combined the math formulas of both the Squeeze and SVI to create a single momentum indicator, the combo indicator tends to lag the other two a bit, but is better at assessing the longer term trend.
There are 5 different color schemes as well, with the fifth being a plain grayscale bg if you aren't into all the extra stuff.
Lots of moving parts to this script! I have been using this thing now for about a week or so prior to publishing and I love it so far, hope you all do too - enjoy!
(JS) Squeeze Pro ArrowsMore Squeeze Pro continuation, this is the signals on the chart. Initial signals appear as small label up and label down icons, while if the squeeze continues to a certain interval a bigger icon will appear later in the same squeeze duration - they are all color coded to match the squeeze signals from the Squeeze Pro indicator
(JS) Squeeze Pro Early Signal CandlesThe next piece of the Squeeze Pro System - early signal candles.. These are supposed to hint at squeeze momentum before it happens - another piece of the new Squeeze Pro trading system
(JS) Squeeze ProThe new Squeeze Pro has 3 different squeeze types rather than a single signal.
White = Warning/Low Squeeze
Red = Regular/Mid Squeeze
Yellow = Power/High Squeeze
Kal’s MTF ADX Rangoli RollerKaly MTF ADX Rangoli Roller is a method/study for finding trending stocks, indexes and cryptocurrencies using two different data periods (10, 5) of ADX Overlap over different time-frames (10m, 1H, 4H, 1D, 1W, 1M). In the study, I used 5-Period ADX for all mentioned time-frames. You may use 10-Period ADX for lower time-frames especially 10m and 1H.
Sample Image of the pinescript code(at the end of this post) in Tradingview looks as follows:
Note: Kal's MTF ADX Rangoli Roller is the lower Plot. The upper plot is KAL’s ADX Overlap Technical Study with MACD Filter( )
Description:
----------------
In the study plot, the lowest row is 10m, row above is 1H, row above is 4H, then 1D, then 1W and highest row is 1M
Lime(Bright Green) dot implies Trending Uptrend for that time-frame (first phase)
Green dot implies Trending Uptrend for that time-frame (second phase near exhaustion)
Red dot implies Trending Downward for that time-frame (first phase)
Maroon dot implies Trending Downward for that time-frame (second phase near exhaustion)
Lime cross implies Strong Trending Uptrend for that time-frame (first phase)
Green cross implies Strong Trending Uptrend for that time-frame (second phase near exhaustion)
Red cross implies Trending Strong Downward for that time-frame (first phase)
Maroon cross implies Trending Strong Downward for that time-frame (second phase near exhaustion)
Yellow is ‘Squeeze On’ setting. During the squeeze period, the ADX signals are almost always ineffective. One may wait and watch over during this time. Once the Squeeze is released (i.e. no longer yellow), the trend corresponds to the color of the dots and crosses.
Black is CRSI Overbought condition for that time-frame. It’s best to wait and research for possibility of trend reversal because
1. Profit-booking/trimming happens after CRSI Overbought condition.
2. Large Short-sellers may take huge positions during this time pushing the stock prices up.
White is CRSI Oversold condition for that time-frame. It’s best to wait and research for possibility of trend reversal because
1. Profit-booking/trimming happens after CRSI Oversold conditions.
2. Large buyers may take huge positions during this time pushing the stock prices down.
I am a disabled man. Therefore, I am not able to write in detail here today. More Details will follow as time permits. Please let me know if I am missing anything…
Legal Disclaimer: I published here so I get replies from fellow viewers to educate myself and for my daily expenses. Hence, if anyone uses this script for making their decisions, I am not responsible for any failures incurred.
Safe Trading!
Kal Gandikota
PS: If you found this script interesting and edifying please follow and upvote.
PS2: Please kindly donate for my daily expenses (atleast as you would on streets) at the following addresses:
BTC Wallet: 1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5
ETH Wallet: 0x35e557F39A998e7d35dD27c6720C3553e1c65053
NEO Wallet: AUdiNJDW7boeUyYYNhX86p2T8eWwuELSGr
PS3: For more information on ADX and CRSI, please 'Google' or search here yourself.
PS4: This study is intended for research in creating automated Python Trading Systems using Pandas( steemit.com ).
Screenshots of the pinescript code looks as follows:
10minute Screenshot of Kal's MTF ADX Rangoli Roller (Above)
1 Hour Screenshot of Kal's MTF ADX Rangoli Roller (Above)
4 Hour Screenshot of Kal's MTF ADX Rangoli Roller (Above)
1 Day Screenshot of Kal's MTF ADX Rangoli Roller (Above)
1 Week Screenshot of Kal's MTF ADX Rangoli Roller (Above)
1 Month Screenshot of Kal's MTF ADX Rangoli Roller (Above)
(JS) TTM Squeeze PercentageSo this is a slightly modified version of the fan favorite "Squeeze" indicator.
I did this because I wanted to compare historic movements, but the standard version calculates in whole numbers so a reading with SPX at 2800 is naturally larger than one at 1000.
What I did was I took the Lazybear script and converted it to a percentage reading rather than a reading of whole numbers.
This way - you can compare historical movements, among other things.
Whenever there's a "squeeze" that's when the icons appear on the indicator (top or bottom depending on the value).
I am also trying something new by adding preset color schemes - this is my first crack at it so I'll likely update it and improve it as time progresses (I plan to add the options on my other indicators as well).
Hope you like it!
Volume Squeeze Momentum by HypesterTradingview is basically composed by reskins of many great contributors such as Chrismood, Lazybear, RicardoSandos and a few others. Without those guys I would not be able to learn how to code PINE - since the "documentation" is horrible and support is basically also non-existent. So thank you!
So here is another contribution to the community, which I chose to not disclose the code since the community usually reskin the code and do not give credit and this code is 100% mine.
I believe that the volume tools available are poor and lagging so here is my contribution.
I use this tool to filter noise and eliminate fake reversal signals, momentum readings and trend changes on my Spectro M. Use at your own risk.
I've added some pre-set volume profiles and trend configs. Also, the bar colors for ease of use, and all of that can be easily turned on/off and changed in the config menu.
Let me know what you think!
Bitcoin Momentum TSIChart based on True Strength Indicator
It was improved to show same information as Squeeze Momentum Indicator by LazyBear,
but it seems to have better and quicker response to changes and was tested on Bitcoin mainly.
Enjoy it!
BITFINEX:BTCUSD
