This indicator shows GRAB or TrendStrength candles and allows several moving averages to be displayed at the same time.
It has arrows and diamonds above or below the candles to show values above 100 or below -100 with the arrow pointing in the direction of the momentum.
Diamonds indicate slightly weaker momentum than arrows, but still consider strong.
It has background coloring that is light green to show trends and light red to show trends that are derived from slow stochastics.
In general Darker colors are used for down moves and lighter colors are use to show up moves. Also, red indicates , and green indicates throughout.
It has yellow background to show squeezes with additional Squeeze Pro information shown at the bottom of the chart in the form of letters and momentum arrows.
L = Low compression squeeze, S = Normal Squeeze, and H = High Compression Squeeze.
It has a set of propulsion dots for each Moving Average. The trend is consider when green colored dots print, and when red dots print.
3 ATR are printed. The first two show the values used by the squeeze by default
2 Bolinger Bands are displayed based on the values used by the Squeeze by default.
1 line may be displayed.
TIP: overlaying the TICK symbol is great for confirming a bias where positive values are and negative values are .
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.