Rails [s3]
Centered around a Variable Moving Average. The Variable Moving Average (VMA) is a study that uses an Exponential Moving Average being able to automatically adjust its smoothing factor according to the market volatility. In addition to the VMA, the indicator displays breakouts in volume and when the Bollinger Bands are in a squeeze.
Dots = Microtrend
Triangles = Breakouts in Volume
X = Crossover of Moving Averages
Shaded "Cloud" = Bollinger Bands Squeeze
Alerts can be set for Bearish and Bullish strength (Volume Breakouts), Crossovers, and when Squeezes have started and ended.
Dots = Microtrend
Triangles = Breakouts in Volume
X = Crossover of Moving Averages
Shaded "Cloud" = Bollinger Bands Squeeze
Alerts can be set for Bearish and Bullish strength (Volume Breakouts), Crossovers, and when Squeezes have started and ended.
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Made UX changes.
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Added Murrey Math Lines Channel to indicator.
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Fixed shape location and allowed user input to turn on/off Murrey lines
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Refined Shape Offset
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Added exhaustion levels; set default value for exhaustion levels to on; set default value for Murrey lines to off
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Updated chart picture
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Fixed spelling error
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Tuned squeeze settings
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Updated alert messages and code optimized
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- Added Screener
- Added diamond symbol to forecast squeeze direction (still confirmed by volume breakout arrow)
- Added diamond symbol to forecast squeeze direction (still confirmed by volume breakout arrow)
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-Aesthetic changes
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- Added VWAP weighted for volatility
- Added ability to see squeezes on higher TF than chart
- Changed normalized volume to show (bigger red/green triangles) whenever above 50 MA
- Added ability to see squeezes on higher TF than chart
- Changed normalized volume to show (bigger red/green triangles) whenever above 50 MA