OPEN-SOURCE SCRIPT
已更新 Squeeze Momentum Indicator [LazyBear] added Alerting + webhook

A modified version of Squeeze Momentum Indicator visualizing on Price Chart.
author: LazyBear, modified by KivancOzbilgic, and by dgtrd
I took in all of the information as the script below is based on the V2 Script that LazyBear posted and then added Alerting based on the math and the conditions that dgtrd added.
Per the description here:![Squeeze Momentum Indicator [LazyBear] vX by DGT](https://s3.tradingview.com/d/Dsr7B2xE_mid.png)
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).
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).
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)
Taking the above information and what was in the script was able to base the alert conditions:
So when the condition:
Squeeze On or No Squeeze = In Squeeze
Squeeze Off = Squeeze Release Long or Squeeze Release Long based off conditions.
There are 2 separate alert Types.
1. App, Pop-up, eMail, play sound and Send email to SMS
2. It Is dedicated to Webhook for your various applications.
Alerting Options
[img]i.imgur.com/kq21oVM.png[/img]
App Notification
[img]i.imgur.com/DYjtTal.png[/img]
[img]i.imgur.com/Sm0RpBr.png[/img]
Webhook test into Discord
[img]i.imgur.com/0xb1ukc.png[/img]
author: LazyBear, modified by KivancOzbilgic, and by dgtrd
I took in all of the information as the script below is based on the V2 Script that LazyBear posted and then added Alerting based on the math and the conditions that dgtrd added.
Per the description here:
![Squeeze Momentum Indicator [LazyBear] vX by DGT](https://s3.tradingview.com/d/Dsr7B2xE_mid.png)
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).
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).
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)
Taking the above information and what was in the script was able to base the alert conditions:
So when the condition:
Squeeze On or No Squeeze = In Squeeze
Squeeze Off = Squeeze Release Long or Squeeze Release Long based off conditions.
There are 2 separate alert Types.
1. App, Pop-up, eMail, play sound and Send email to SMS
2. It Is dedicated to Webhook for your various applications.
Alerting Options
[img]i.imgur.com/kq21oVM.png[/img]
App Notification
[img]i.imgur.com/DYjtTal.png[/img]
[img]i.imgur.com/Sm0RpBr.png[/img]
Webhook test into Discord
[img]i.imgur.com/0xb1ukc.png[/img]
發行說明
Fixed some comments 開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。