OPEN-SOURCE SCRIPT

UCS Squeeze Momentum Overlay with Alerts

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All credit to the great ucsgears. His original indicator is on this page:
UCS_Squeeze_Momentum_Optimized_Overlay


I just remixed the visuals and added alerts when price is released from the squeeze. I find it works well on lower timeframes for Forex and Bitcoin. Suggestions for other instruments and timeframes are welcome! When adding alerts use 'On Condition' to get the fastest alerts.

Best used in conjunction with the USC_SQZ_Opt Ooscillator from this page:
UCS_Squeeze_Optimization


Possibly useful tip: the squeeze code here is great for identifying ranging markets, and can be used with other indicators to stop alerts firing in choppy markets.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.