PROTECTED SOURCE SCRIPT
MACD Squeeze
Updated
Just saw this on a particular website and created my version of it.
A practical modification of MACD and Squeeze Momentum. The MACD histogram is colored in green or red depending on whether the squeeze momentum is active or not.
Additionally, the MACD line is colored green if the RSI is oversold and red if it's in the overbought levels.
A practical modification of MACD and Squeeze Momentum. The MACD histogram is colored in green or red depending on whether the squeeze momentum is active or not.
Additionally, the MACD line is colored green if the RSI is oversold and red if it's in the overbought levels.
Release Notes
Update to V5 Pine.Release Notes
Updated with Divergences and Alerts for divergence!Protected script
This script is published closed-source and you may privately use it freely.
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