OPEN-SOURCE SCRIPT
Keltner+Bollinger Squeeze [kingthies_]
Keltner-Bollinger-Combo Squeeze
As you likely know, the bollinger squeeze comes from the bband indicator, a classic indicator in all forms of technical analysis, effectively measuring volatility of a given assets price movement.
There are different forms of the squeeze here on tradingview, and I've combined the Bollinger band indicator in my own strategy, to the alternative and similar appearing Keltner channels. The two work incredibly well together and I've used them in my analysis for years now as my core approach to understanding the technical side of the markets.
This tool will show users the result that i typically look for when assessing for potential volatile moves in the near future for an asset, and will highlight the chart + send an alert when the chart is something to look at and the indicator suggests incoming volatility may be in the near future.
The users will still need to assess themselves whether the squeeze they see is a bullish or bearish leaning, but the overall idea is to set it and forget it with the alert clause thats added in.
Personally i enjoy this with Heikin ashi inputs but use whichever preference you have, and all timeframes + tickers should apply here.
Cheers
As you likely know, the bollinger squeeze comes from the bband indicator, a classic indicator in all forms of technical analysis, effectively measuring volatility of a given assets price movement.
There are different forms of the squeeze here on tradingview, and I've combined the Bollinger band indicator in my own strategy, to the alternative and similar appearing Keltner channels. The two work incredibly well together and I've used them in my analysis for years now as my core approach to understanding the technical side of the markets.
This tool will show users the result that i typically look for when assessing for potential volatile moves in the near future for an asset, and will highlight the chart + send an alert when the chart is something to look at and the indicator suggests incoming volatility may be in the near future.
The users will still need to assess themselves whether the squeeze they see is a bullish or bearish leaning, but the overall idea is to set it and forget it with the alert clause thats added in.
Personally i enjoy this with Heikin ashi inputs but use whichever preference you have, and all timeframes + tickers should apply here.
Cheers
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
Eric Thies
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
Eric Thies
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。