OPEN-SOURCE SCRIPT

BBW, Squeeze, and EMA

已更新
This indicator helps traders to identify low volatility areas by using the "Bollinger Bands Squeeze" method. The idea is to look for the lowest values in the Bollinger bands width to judge the lowest volatility readings.

By default the squeeze period is 125, as suggested by John Bollinger.

The indicator is a variation on the BB Squeeze indicator by @danarm. It adds:

* A lowest volatility print, named "Squeeze Line". This shows traders the lowest BBW reads.
* A moving average on top of BBW. This helps traders gauge volatility expansion. I'd use is like this: once you identify volatility contraction, an expansion would be when BBW crosses its average upwards.
* The blue background color indicates where BBW crossed its lowest 125 value, indicating further volatility contraction.
發行說明
  • Added "BBW Expansion" as well (useful for "unusual volatility alerts").
  • Updated for Pine Script v5.
  • Configurable "Highest Squeeze Period" now too.
bbwidthbbwsqueezeVolatility

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?


更多:

免責聲明