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Squeeze Momentum Indicator With EMA
This is a upgraded verison of the most popular Squeeze Momentum Indicator with highlighted lines on the chart to better show entry and exits.
Also includes arrows for easy visibility.
Can also set up ALERTS easily and you can change the color of the momentum highlighted areas to your preference.
HOW TO USE :
***ENTER/EXIT WHEN***
1.Ema 56 / 112 / 672 lines up
2.WHEN CROSSOVER ABOVE = Highlighted green with arrows means bullish entry or bearish exit.
3.WHEN CROSSOVER DOWN = Highlighted red with arows means bearish entry or bullish exit.
4.Exit when black areas occur
***AVOID TRADING WHEN***
1.Arrows within black areas (Non momentum areas or non-squeeze areas)
2.Arrows not following trend(Down arrow during an upwards EMA trend)
**Caution**
You can decide to hold onto a position if you'd like durin the trend, but look at price action before exiting.
Also includes arrows for easy visibility.
Can also set up ALERTS easily and you can change the color of the momentum highlighted areas to your preference.
HOW TO USE :
***ENTER/EXIT WHEN***
1.Ema 56 / 112 / 672 lines up
2.WHEN CROSSOVER ABOVE = Highlighted green with arrows means bullish entry or bearish exit.
3.WHEN CROSSOVER DOWN = Highlighted red with arows means bearish entry or bullish exit.
4.Exit when black areas occur
***AVOID TRADING WHEN***
1.Arrows within black areas (Non momentum areas or non-squeeze areas)
2.Arrows not following trend(Down arrow during an upwards EMA trend)
**Caution**
You can decide to hold onto a position if you'd like durin the trend, but look at price action before exiting.
受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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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。