![]() O ADX: Orange (loss of strength, disinterest and low volume). O ADX: Light red (loss of bearish strength). O ADX: Light green (loss of bullish strength). Two exponential moving averages of 11 and 55 periods have been added to the right panel, this will mark if the trend is bullish or bearish depending on the crossover of the EMAs.Īn indicator of the Indicator Squeeze was also included, which marks the periods of price consolidation (OFF) and the periods in which the price should react explosively.Īdded a feature that allows automatic color changing of the panels based on the color of the oscillator and the ADX. ![]() The ADX algorithm was incorporated, which is displayed numerically on the right panel of the indicator, shows the value of ADX and its directionality.Īdded an arrow pointer to indicate oscillator directionality. Oscillator development improvements: Side panel: ![]() Oscillator understanding improvements:ĭuring the indicator creation process we were able to better understand the logic of the oscillator and based on that knowledge we implemented improvements. For its part, LazyBear recommends using an additional indicator such as ADX to improve the effectiveness of entry points and position closures. Carter suggests waiting until the first gray after a black cross and taking a position in the direction of the oscillator. This means low volatility, the market is preparing for an explosive move (up or down). The black crosses on the center line show that the market has just entered a consolidation. Its first known version was called "TTM Squeeze" by John Carter explained in his book "Mastering the Trade" (chapter 11) and popularized in TradingView by a developer named LazyBear. The Momentum Squeeze Indicator is a momentum oscillator that indicates how explosively the price will move.
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