PROTECTED SOURCE SCRIPT
Atualizado (JS) TTM Squeeze Percentage

So this is a slightly modified version of the fan favorite "Squeeze" indicator.
I did this because I wanted to compare historic movements, but the standard version calculates in whole numbers so a reading with SPX at 2800 is naturally larger than one at 1000.
What I did was I took the Lazybear script and converted it to a percentage reading rather than a reading of whole numbers.
This way - you can compare historical movements, among other things.
Whenever there's a "squeeze" that's when the icons appear on the indicator (top or bottom depending on the value).
I am also trying something new by adding preset color schemes - this is my first crack at it so I'll likely update it and improve it as time progresses (I plan to add the options on my other indicators as well).
Hope you like it!
I did this because I wanted to compare historic movements, but the standard version calculates in whole numbers so a reading with SPX at 2800 is naturally larger than one at 1000.
What I did was I took the Lazybear script and converted it to a percentage reading rather than a reading of whole numbers.
This way - you can compare historical movements, among other things.
Whenever there's a "squeeze" that's when the icons appear on the indicator (top or bottom depending on the value).
I am also trying something new by adding preset color schemes - this is my first crack at it so I'll likely update it and improve it as time progresses (I plan to add the options on my other indicators as well).
Hope you like it!
Notas de Lançamento
Made the squeezes more apparent by having symbols appear on both top and bottomNotas de Lançamento
Tightened up the formulaScript protegido
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.