OPEN-SOURCE SCRIPT
Moving Average Squeeze %
A new indicator for you guys to try out, it measured the squeeze % of several MA's and combines them in a super trend-% (where 0 is low squeeze and 100% is where all MA's are crossing on same price)
You can use different period lengths and enable the composite-% for display if you want to see all the data that makes up the super trend.
The indicator uses the 10, 20, 50, 100, and 200 SMA.
You can use different period lengths and enable the composite-% for display if you want to see all the data that makes up the super trend.
The indicator uses the 10, 20, 50, 100, and 200 SMA.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.