INVITE-ONLY SCRIPT
Auto Squeeze Breakout Bars
Updated
The Auto Squeeze Breakout Bars find bars that are breaking out of a low volatility environment into a high volatility environment.
The Squeeze shading is signaled when the volatility of the asset is very low. Then the Squeeze Breakout Bars are signaled when the asset is breaking out of this low volatility structure.
Warning bars will be signaled when it is approaching a breakout, but the conditions are not fully met at that very time.
The Auto Squeeze Breakout Bar indicator also has a built in stop loss mechanic that can be set to your preferred limit.
Stop losses are highly recommended when using the breakout bars because of possible head fakes. They are rare, but can occur depending on the asset you are trading.
For Access or Questions: Private message us. Thank you.
The Squeeze shading is signaled when the volatility of the asset is very low. Then the Squeeze Breakout Bars are signaled when the asset is breaking out of this low volatility structure.
Warning bars will be signaled when it is approaching a breakout, but the conditions are not fully met at that very time.
The Auto Squeeze Breakout Bar indicator also has a built in stop loss mechanic that can be set to your preferred limit.
Stop losses are highly recommended when using the breakout bars because of possible head fakes. They are rare, but can occur depending on the asset you are trading.
For Access or Questions: Private message us. Thank you.
Release Notes
small fixInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact OasisTrading for more information, or follow the author's instructions below.
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Website
oasistrading.io
Meet the Team.
twitter.com/DejaBrewTrades
tradingview.com/u/gyromatical/
oasistrading.io
Meet the Team.
twitter.com/DejaBrewTrades
tradingview.com/u/gyromatical/
Disclaimer
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