Squeeze Zone

This script supports my previous post Empirical Suite

It automatically plots Support and Resistance levels on the chart during periods of volatility squeeze.
You have three plotting methods:

From High to Low
From Open to Close
Linear Regression (experimental)

The levels are color-coded:
*Red: weak, one-sided volatility squeeze
*Orange: typically strong, no volatility issue

You can have a double-red zone, where both buying and selling volatility has dropped.

Combine this with the Empirical Suite or your favorite
analysis tools for extra confirmation.

Cheers,
EFX

發行說明

Updated defaults
Removed poorly performing settings

發行說明