TheTrex

Moving Average Squeeze %

A new indicator for you guys to try out, it measured the squeeze % of several MA's and combines them in a super trend-% (where 0 is low squeeze and 100% is where all MA's are crossing on same price)

You can use different period lengths and enable the composite-% for display if you want to see all the data that makes up the super trend.

The indicator uses the 10, 20, 50, 100, and 200 SMA .
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Comentários

Thanks
+2 Resposta
Very usefull and nice too.
Thanks.
Resposta
Nice. What TFs you recommend this with?
Resposta
@s0ft, You can try to experiment with it on daily. Look here I use a period of 500 days to show the squeeze and the normalized price trend.
You can see the normalized trend basically bottomed and there was a huge squeeze that made it push the normalized trend up calling for a new uptrend.
+1 Resposta
TheTrex TheTrex
+1 Resposta
@s0ft, Or use the normalized price to spot bottoms
+1 Resposta
looks good bro.
Resposta
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