INVITE-ONLY SCRIPT
Squeeze Momentum Indicator
The "Squeeze Momentum Indicator" identifies market squeeze conditions using Bollinger Bands (BB) and Keltner Channels (KC), plotting momentum as a histogram. It signals potential breakouts when volatility contracts (squeeze on) and tracks momentum direction.
Key Features
Squeeze Detection: Uses BB (length 20, mult 2.0) and KC (length 20, mult 1.5) to detect squeeze on (black), off (gray), or neutral (blue) conditions.
Momentum Histogram: Plots momentum with linear regression, colored by direction and strength (green for rising, red for falling).
Customizable: Adjust BB/KC lengths, multipliers, and true range usage for KC.
Perfect For
Breakout traders seeking volatility contractions on any asset/timeframe.
Momentum traders tracking trend strength.
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its optimized visualization and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.
Credit for Inspiration
The Squeeze Momentum Indicator concept was popularized by John Carter and adapted by various Pine Script developers. This implementation builds on that foundation with enhanced visuals and customizable settings.
Legal Disclaimer
This indicator is for educational purposes only and not financial advice. Trading involves high risk, and you may lose your capital. PineAlpha is not responsible for losses. Consult a financial advisor before trading. See our full Legal Disclaimer: discord.gg/Z8sjPVsccb
Key Features
Squeeze Detection: Uses BB (length 20, mult 2.0) and KC (length 20, mult 1.5) to detect squeeze on (black), off (gray), or neutral (blue) conditions.
Momentum Histogram: Plots momentum with linear regression, colored by direction and strength (green for rising, red for falling).
Customizable: Adjust BB/KC lengths, multipliers, and true range usage for KC.
Perfect For
Breakout traders seeking volatility contractions on any asset/timeframe.
Momentum traders tracking trend strength.
Justification for Invite-Only Status
This indicator is offered as an Invite-Only script under PineAlpha Premium due to its optimized visualization and ongoing support (e.g., monthly access code updates, Discord assistance), justifying its paid access.
Credit for Inspiration
The Squeeze Momentum Indicator concept was popularized by John Carter and adapted by various Pine Script developers. This implementation builds on that foundation with enhanced visuals and customizable settings.
Legal Disclaimer
This indicator is for educational purposes only and not financial advice. Trading involves high risk, and you may lose your capital. PineAlpha is not responsible for losses. Consult a financial advisor before trading. See our full Legal Disclaimer: discord.gg/Z8sjPVsccb
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫PineAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Adjust BB/KC settings (length, mult).
Black dots = squeeze on, gray = off.
Green histogram = rising momentum, red = falling.
Use for breakout setups
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫PineAlpha。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Adjust BB/KC settings (length, mult).
Black dots = squeeze on, gray = off.
Green histogram = rising momentum, red = falling.
Use for breakout setups
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。