OPEN-SOURCE SCRIPT

SQZMOM Candle Colors [LB clone • bar paint]

20
This script paints candles based on the Squeeze Momentum (SQZMOM) indicator values.
It works as a bar color overlay, allowing traders to visually identify momentum shifts directly on the chart.
Inspired by LazyBear's SQZMOM, this version clones the core logic but adds candle coloring for better trend confirmation.

Features:
- SQZMOM-based candle coloring
- Momentum strength visualization
- Easy-to-spot trend shifts

Useful for identifying trend continuation and reversal zones.

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