I have modified LazyBears Squeeze Momentum Indicator with enhancements, plus added signals
LazyBear mentioned that in John F. Carter's book, Chapter 11, "Mastering the Trade", that "Mr. Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change)." I have done just that. Now at each "first gray after a black cross", there are now Bearish and Bullish signals.. The signals only appear in the direction of the momentum.
Disclaimer: This indicator does not constitute investment advice. Trade at your own
risk with this method of identifying changes in stock market momentum.
LazyBear mentioned that in John F. Carter's book, Chapter 11, "Mastering the Trade", that "Mr. Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change)." I have done just that. Now at each "first gray after a black cross", there are now Bearish and Bullish signals.. The signals only appear in the direction of the momentum.
Disclaimer: This indicator does not constitute investment advice. Trade at your own
risk with this method of identifying changes in stock market momentum.
הערות שחרור:
Tooltip updated (Show/Hide Bearish/Bullish) It now says: For a multi-source
histogram, hide signal groups and move indicator
to a new pane
histogram, hide signal groups and move indicator
to a new pane
הערות שחרור:
Updated code notes
הערות שחרור:
An attempt to rename the title to: 1st Gray Momentum Signals + SQZ Mom ━ whvntr
הערות שחרור:
Great new feature: Adjust the length of the arrows in the Inputs Menu.
I just made the option to shorten the length of the arrows...Enjoy!
As a note... if found no reference on the internet on how to accomplish this..
I, through trial and error, developed a path to display text via input.string in the code.
Fellow coders of Pine will appreciate this.
I just made the option to shorten the length of the arrows...Enjoy!
As a note... if found no reference on the internet on how to accomplish this..
I, through trial and error, developed a path to display text via input.string in the code.
Fellow coders of Pine will appreciate this.
הערות שחרור:
Input arrangements
הערות שחרור:
Font adjustments
הערות שחרור:
Updated histogram bool value to true
הערות שחרור:
Added arrow adjustments to the top of the menu..plus restored default settings
הערות שחרור:
Added Inlines to the Inputs Menu
הערות שחרור:
Added background highlights
הערות שחרור:
Adjusted inlines
הערות שחרור:
Alerts tested and active. To use: click 🕘Alert + Condition + SQZ_MULT + (1st Gray Cross Longs or Shorts) + Trigger: "Once Per Bar Close"
Background highlight feature can now be used separately.
Background highlight feature can now be used separately.
הערות שחרור:
New chart photo for new additions
הערות שחרור:
Minute adjustment
הערות שחרור:
Alerts Updated
הערות שחרור:
Menu arrangements
הערות שחרור:
Additional alert conditions
הערות שחרור:
Alert messages updated