OPEN-SOURCE SCRIPT
更新済 Squeeze Momentum Indicator [LazyBear] added Alerting + webhook
A modified version of Squeeze Momentum Indicator visualizing on Price Chart.
author: LazyBear, modified by KivancOzbilgic, and by dgtrd
I took in all of the information as the script below is based on the V2 Script that LazyBear posted and then added Alerting based on the math and the conditions that dgtrd added.
Per the description here:![Squeeze Momentum Indicator [LazyBear] vX by DGT](https://s3.tradingview.com/d/Dsr7B2xE_mid.png)
The Squeeze Indicator measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out (whether up or down).
The Squeeze Indicator finds sections of the Bollinger Bands which fall inside the Keltner's Channels, and in this case, the market is said to be in a squeeze (indicator turns off, displayed with grey diamond shapes in this study).
When the volatility increases, so does the distance between the bands. Conversely, when the volatility declines, the distance also decreases, and in such cases, the squeeze is said to be released (indicator turns on, displayed with triangle up or triangle down shapes)
Taking the above information and what was in the script was able to base the alert conditions:
So when the condition:
Squeeze On or No Squeeze = In Squeeze
Squeeze Off = Squeeze Release Long or Squeeze Release Long based off conditions.
There are 2 separate alert Types.
1. App, Pop-up, eMail, play sound and Send email to SMS
2. It Is dedicated to Webhook for your various applications.
Alerting Options
[img]i.imgur.com/kq21oVM.png[/img]
App Notification
[img]i.imgur.com/DYjtTal.png[/img]
[img]i.imgur.com/Sm0RpBr.png[/img]
Webhook test into Discord
[img]i.imgur.com/0xb1ukc.png[/img]
author: LazyBear, modified by KivancOzbilgic, and by dgtrd
I took in all of the information as the script below is based on the V2 Script that LazyBear posted and then added Alerting based on the math and the conditions that dgtrd added.
Per the description here:
The Squeeze Indicator measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out (whether up or down).
The Squeeze Indicator finds sections of the Bollinger Bands which fall inside the Keltner's Channels, and in this case, the market is said to be in a squeeze (indicator turns off, displayed with grey diamond shapes in this study).
When the volatility increases, so does the distance between the bands. Conversely, when the volatility declines, the distance also decreases, and in such cases, the squeeze is said to be released (indicator turns on, displayed with triangle up or triangle down shapes)
Taking the above information and what was in the script was able to base the alert conditions:
So when the condition:
Squeeze On or No Squeeze = In Squeeze
Squeeze Off = Squeeze Release Long or Squeeze Release Long based off conditions.
There are 2 separate alert Types.
1. App, Pop-up, eMail, play sound and Send email to SMS
2. It Is dedicated to Webhook for your various applications.
Alerting Options
[img]i.imgur.com/kq21oVM.png[/img]
App Notification
[img]i.imgur.com/DYjtTal.png[/img]
[img]i.imgur.com/Sm0RpBr.png[/img]
Webhook test into Discord
[img]i.imgur.com/0xb1ukc.png[/img]
リリースノート
Fixed some comments オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。