## Divergence on squeeze momentum

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### Divergence on squeeze momentum

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`//// @author opafce //study(shorttitle = "div_sq_lb_alert", title="Squeeze Momentum Indicator [LazyBear]", overlay=false)length = input(20, title="BB Length")mult = input(2.0,title="BB MultFactor")lengthKC=input(20, title="KC Length")multKC = input(1.5, title="KC MultFactor")useTrueRange = input(true, title="Use TrueRange (KC)", type=bool)// Calculate BBsource = closebasis = sma(source, length)dev = multKC * stdev(source, length)upperBB = basis + devlowerBB = basis - dev// Calculate KCma = sma(source, lengthKC)range = useTrueRange ? tr : (high - low)rangema = sma(range, lengthKC)upperKC = ma + rangema * multKClowerKC = ma - rangema * multKCsqzOn  = (lowerBB > lowerKC) and (upperBB < upperKC)sqzOff = (lowerBB < lowerKC) and (upperBB > upperKC)noSqz  = (sqzOn == false) and (sqzOff == false)val = linreg(source  -  avg(avg(highest(high, lengthKC), lowest(low, lengthKC)),sma(close,lengthKC)),             lengthKC,0)bcolor = iff( val > 0,             iff( val > nz(val[1]), lime, green),            iff( val < nz(val[1]), red, maroon))scolor = noSqz ? blue : sqzOn ? black : gray //plot(val, color=bcolor, style=histogram, linewidth=4)//plot(0, color=scolor, style=cross, linewidth=2)local_ex_up=iff(val>0 and val<val[1] and val[1]>val[2],val,local_ex_up[1])//plot (local_ex_up)close_local_up=iff(val>0 and val<val[1] and val[1]>val[2],close,close_local_up[1])//local_ex_up2=//close_local_up2=local_ex_dn=iff(val<0 and val>val[1] and val[1]<val[2],val,local_ex_dn[1])//plot (local_ex_dn)close_local_dn=iff(val<0 and val>val[1] and val[1]<val[2],close,close_local_dn[1])dn_sg=(close_local_up>close_local_up[1] and local_ex_up[1]>local_ex_up) dn_sg_custom= (close_local_dn>close_local_dn[1] and local_ex_dn[1]>local_ex_dn)up_sg= (close_local_dn<close_local_dn[1] and local_ex_dn[1]<local_ex_dn) up_sg_custom=(close_local_up<close_local_up[1] and local_ex_up[1]<local_ex_up)//plotchar(dn_sg, char='d',color=red)//plotchar(up_sg, char='d',color=green,location=location.belowbar)//plotchar(dn_sg_custom, char='d',color=maroon)//plotchar(up_sg_custom,char='d' ,color=olive,location=location.belowbar)//bgcolor(up_sg ?  green: na, transp=75) //bgcolor(dn_sg ? red : na, transp=75)//bgcolor(up_sg_custom ?  olive: na, transp=75) //bgcolor(dn_sg_custom ? maroon : na, transp=75)//plot(close_local_up)//plot(close_local_dn,color=red)a = (dn_sg or dn_sg_custom or up_sg or up_sg_custom) ? (2) : (0)plot(a, color=orange, linewidth = 4, title = "signal")plot(1, linewidth = 4, title ="static")`
isamegrelo

Posts: 95
Joined: Mon May 29, 2017 3:36 pm

### Re: Divergence on squeeze momentum

Your request is added to the development list under Id Number 4044

Apprentice
FXCodeBase: Confirmed User

Posts: 19574
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: Divergence on squeeze momentum

Apprentice
FXCodeBase: Confirmed User

Posts: 19574
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia