I have modified LazyBears Squeeze Momentum Indicator with enhancements, plus added signals
LazyBear mentioned that in John F. Carter's book, Chapter 11, "Mastering the Trade", that "Mr. Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change)." I have done just that. Now at each "first gray after a black cross", there are now Bearish and Bullish signals.. The signals only appear in the direction of the momentum.
Disclaimer: This indicator does not constitute investment advice. Trade at your own
risk with this method of identifying changes in stock market momentum.
LazyBear mentioned that in John F. Carter's book, Chapter 11, "Mastering the Trade", that "Mr. Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change)." I have done just that. Now at each "first gray after a black cross", there are now Bearish and Bullish signals.. The signals only appear in the direction of the momentum.
Disclaimer: This indicator does not constitute investment advice. Trade at your own
risk with this method of identifying changes in stock market momentum.
發布通知:
Tooltip updated (Show/Hide Bearish/Bullish) It now says: For a multi-source
histogram, hide signal groups and move indicator
to a new pane
histogram, hide signal groups and move indicator
to a new pane
發布通知:
Updated code notes
發布通知:
An attempt to rename the title to: 1st Gray Momentum Signals + SQZ Mom ━ whvntr
發布通知:
Great new feature: Adjust the length of the arrows in the Inputs Menu.
I just made the option to shorten the length of the arrows...Enjoy!
As a note... if found no reference on the internet on how to accomplish this..
I, through trial and error, developed a path to display text via input.string in the code.
Fellow coders of Pine will appreciate this.
I just made the option to shorten the length of the arrows...Enjoy!
As a note... if found no reference on the internet on how to accomplish this..
I, through trial and error, developed a path to display text via input.string in the code.
Fellow coders of Pine will appreciate this.
發布通知:
Input arrangements
發布通知:
Font adjustments
發布通知:
Updated histogram bool value to true
發布通知:
Added arrow adjustments to the top of the menu..plus restored default settings
發布通知:
Added Inlines to the Inputs Menu
發布通知:
Added background highlights
發布通知:
Adjusted inlines
發布通知:
Alerts tested and active. To use: click 🕘Alert + Condition + SQZ_MULT + (1st Gray Cross Longs or Shorts) + Trigger: "Once Per Bar Close"
Background highlight feature can now be used separately.
Background highlight feature can now be used separately.
發布通知:
New chart photo for new additions
發布通知:
Minute adjustment
發布通知:
Alerts Updated
發布通知:
Menu arrangements
發布通知:
Additional alert conditions
發布通知:
Alert messages updated