When the indicator is on and the Momentum Oscillator Histogram is red, it is considered a Sell signal (this signal is supposed to be correct until two red bars in a row). This indicator gives the Speed and Acceleration of the price for a given period. The basis being Bollinger Bands dipping into a Kelter Channel. Converted LazyBear Squeeze Momentum Indicator from TradingView to MQL4. ![]() In that indicator of his he described, and suggested, the use of his gray cross signals to find points of interest for trading based. I was glad to find the Mobius’ Momentum Squeeze Indicator, as the ThinkorSwim TTMSQueeze indicator has the the source code locked and hidden. The direction of entry is determined by the histogram. The screenshot provides the following information: It is necessary to enter when the color of the circles at the horizontal level '0' changes from blue to white and vice versa. ![]() When the indicator is on and the Momentum Oscillator Histogram is green, it is considered a Buy signal (this signal is supposed to be correct until two green bars in a row). This is the Histogram Version of one of my other indicators named: SQZ Momentum + 1st Gray Cross Signals (with arrows) Which is a modification of 'Squeeze Momentum Indicator' by user: 'LazyBear'. Mastering the Trade (Chapter 11) and shows the squeeze of the market. To produce Buy/Sell signals, the Squeeze indicator is plotted along with Momentum Oscillator Bitcoin/Stocks/Forex Trading Strategy - Squeeze Momentum Indicator LazyBear Strategy Explained Subscribe for more Cryptocurrency News, Tutorials & Strategi. Black crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). When the volatility increases, so does the distance between the bands, conversely, when the volatility declines, the distance also decreases and in such cases the squeeze is said to be released (indicator turns on, displayed with triangle up or triangle down shapes) property description 'Translate from Pine: Squeeze Momentum Indicator LazyBear' / This is a derivative of John Carters 'TTM Squeeze' volatility indicator, as discussed in his book 'Mastering the Trade' (chapter 11). A mashup of Squeeze Momentum indicator by Lazy Bear and Vix Fix Indictor by Chris Moody, easy to spot trend reversal. This is a remake of the famous LazyBear Indicator, the Squeeze Momentum Indicator. ![]() The Squeeze Indicator finds sections of the Bollinger Bands which fall inside the Keltner's Channels and in this case the market is said to be in a squeeze (indicator turns off, displayed with grey diamond shapes in this study) mashup of squeeze Momentum Indicator (MOM) Technical Indicators by lazy Bearish Patterns AND VIX CBOE Volatility Index FI. The Squeeze Indicator measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out (whether up or down). Modified version of Squeeze Momentum Indicator by LazyBear.
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