OPEN-SOURCE SCRIPT
Обновлено

[JHF] SQZMOMPRO

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A combination of SQZMOM and SQZPRO together.

Extended SQZPRO features
➡️ A Very Narrow squeeze (more than yellow)
➡️ Customizable Squeeze Levels
➡️ Customizable Bollinger Band & Keltner Channel Length, to increase/decrease squeeze sensitivity.
➡️ All of those features, customizable for multiple timeframes: 1 Hour, 4 Hours, Daily and Weekly. (Other timeframes use the Daily settings).
➡️ Added Alerts for each Squeeze Level
➡️ Hourly settings now work with timeframes in seconds. Any timeframe below 1 hour will use the 1 hour settings.
➡️ Weekly settings now work with any weekly/monthly timeframe (regular and custom ones). From 1W to 52W and from 1M to 12M.

The Daily settings were left with the default SQZPRO values.

I have already tweaked the 1H and 4H timeframes, but please adjust them to your liking. Those are the settings I use every day.
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Updated name and shortname
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Updated Chart.
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  • Removed additional custom color theme clogging the code up.
  • Removed many input numbers from showing in the indicator status line.
  • Indicator Status line now only displays the lengths.
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  • Complete rework of the timeframe logic to use arrays.
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Squeeze Dots are now always at 0.00
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Added possibility to display a table aggregating bullish trends performance over a specified date range.
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  • Removed the table
  • Added Normalization option (Beta)
  • Added Delta Rate of Change (Delta between momentum and signal)
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Fixed crossover colors when Normalization is active.
Fixed Crossover/Crossunder alerts to use Normalized momentum or not for alerts, depending on if it's active or not.
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Added the possibility to change plotline colors.
Converted to PineScript v6

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