Variety-Filtered, Squeeze Moving Averages [Loxx]

Variety-Filtered, Squeeze Moving Averages [Loxx] is a chop zone indicator that identifies when price is below a specific volatility threshold calculated as the difference between a fast and slow moving average and filtered using ATR- or Pips-based threshold. This indicator can be use as both an entry and exit indicator. It identifies both chop zones and breakouts/breakdowns

How to use

When the candles turn white and the threshold bands appear on the chart, this is indicative of low volatility
When price exits the threshold bands, price will usually explode up or down giving a long or short signal. This acts as a sort of squeeze momentum.

Included:

Bar coloring
Signals
Alerts, 4 types of alerts: Squeeze started, Squeeze ended, long, and short
Loxx's Expanded Source Types
35+ Loxx's Moving Averages

Nota Keluaran

Small error fix.

Nota Keluaran

Small input spelling fix.

Nota Keluaran

Fixed input UI groupings.

Skrip sumber terbuka

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

loxx

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Penafian

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