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.
ملاحظات الأخبار:
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
ملاحظات الأخبار:
Updated code notes
ملاحظات الأخبار:
An attempt to rename the title to: 1st Gray Momentum Signals + SQZ Mom ━ whvntr
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Input arrangements
ملاحظات الأخبار:
Font adjustments
ملاحظات الأخبار:
Updated histogram bool value to true
ملاحظات الأخبار:
Added arrow adjustments to the top of the menu..plus restored default settings
ملاحظات الأخبار:
Added Inlines to the Inputs Menu
ملاحظات الأخبار:
Added background highlights
ملاحظات الأخبار:
Adjusted inlines
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
New chart photo for new additions
ملاحظات الأخبار:
Minute adjustment
ملاحظات الأخبار:
Alerts Updated
ملاحظات الأخبار:
Menu arrangements
ملاحظات الأخبار:
Additional alert conditions
ملاحظات الأخبار:
Alert messages updated