Squeeze & Release [AlgoAlpha]Introduction:
💡The Squeeze & Release by AlgoAlpha is an innovative tool designed to capture price volatility dynamics using a combination of EMA-based calculations and ATR principles. This script aims to provide traders with clear visual cues to spot potential market squeezes and release scenarios. Hence it is important to note that this indicator shows information on volatility, not direction.
Core Logic and Components:
🔶EMA Calculations: The script utilizes the Exponential Moving Average
Индикатор
