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Variety-Filtered, Squeeze Moving Averages [Loxx]

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Variety-Filtered, Squeeze Moving Averages [Loxx] is a chop zone indicator that identifies when price is below a specific volatility threshold calculated as the difference between a fast and slow moving average and filtered using ATR- or Pips-based threshold. This indicator can be use as both an entry and exit indicator. It identifies both chop zones and breakouts/breakdowns

How to use
  • When the candles turn white and the threshold bands appear on the chart, this is indicative of low volatility
  • When price exits the threshold bands, price will usually explode up or down giving a long or short signal. This acts as a sort of squeeze momentum.


Included:
  • Bar coloring
  • Signals
  • Alerts, 4 types of alerts: Squeeze started, Squeeze ended, long, and short
  • Loxx's Expanded Source Types
  • 35+ Loxx's Moving Averages
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