PROTECTED SOURCE SCRIPT
Updated Squeeze Zone
This script supports my previous post Empirical Suite
It automatically plots Support and Resistance levels on the chart during periods of volatility squeeze.
You have three plotting methods:
The levels are color-coded:
*Red: weak, one-sided volatility squeeze
*Orange: typically strong, no volatility issue
You can have a double-red zone, where both buying and selling volatility has dropped.
Combine this with the Empirical Suite or your favorite
analysis tools for extra confirmation.
Cheers,
EFX
It automatically plots Support and Resistance levels on the chart during periods of volatility squeeze.
You have three plotting methods:
- From High to Low
- From Open to Close
- Linear Regression (experimental)
The levels are color-coded:
*Red: weak, one-sided volatility squeeze
*Orange: typically strong, no volatility issue
You can have a double-red zone, where both buying and selling volatility has dropped.
Combine this with the Empirical Suite or your favorite
analysis tools for extra confirmation.
Cheers,
EFX
Release Notes
Updated defaultsRemoved poorly performing settings
Release Notes
- Upgrade to Pine V5
- Choose your own colors for Zones!
- Improved default settings
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
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.