OPEN-SOURCE SCRIPT
Mis à jour Squeeze Momentum Indicator [LazyBear] added Alerting + webhook

A modified version of Squeeze Momentum Indicator visualizing on Price Chart.
author: LazyBear, modified by KivancOzbilgic, and by dgtrd
I took in all of the information as the script below is based on the V2 Script that LazyBear posted and then added Alerting based on the math and the conditions that dgtrd added.
Per the description here:![Squeeze Momentum Indicator [LazyBear] vX by DGT](https://s3.tradingview.com/d/Dsr7B2xE_mid.png)
The Squeeze Indicator measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out (whether up or down).
The Squeeze Indicator finds sections of the Bollinger Bands which fall inside the Keltner's Channels, and in this case, the market is said to be in a squeeze (indicator turns off, displayed with grey diamond shapes in this study).
When the volatility increases, so does the distance between the bands. Conversely, when the volatility declines, the distance also decreases, and in such cases, the squeeze is said to be released (indicator turns on, displayed with triangle up or triangle down shapes)
Taking the above information and what was in the script was able to base the alert conditions:
So when the condition:
Squeeze On or No Squeeze = In Squeeze
Squeeze Off = Squeeze Release Long or Squeeze Release Long based off conditions.
There are 2 separate alert Types.
1. App, Pop-up, eMail, play sound and Send email to SMS
2. It Is dedicated to Webhook for your various applications.
Alerting Options
[img]i.imgur.com/kq21oVM.png[/img]
App Notification
[img]i.imgur.com/DYjtTal.png[/img]
[img]i.imgur.com/Sm0RpBr.png[/img]
Webhook test into Discord
[img]i.imgur.com/0xb1ukc.png[/img]
author: LazyBear, modified by KivancOzbilgic, and by dgtrd
I took in all of the information as the script below is based on the V2 Script that LazyBear posted and then added Alerting based on the math and the conditions that dgtrd added.
Per the description here:
![Squeeze Momentum Indicator [LazyBear] vX by DGT](https://s3.tradingview.com/d/Dsr7B2xE_mid.png)
The Squeeze Indicator measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out (whether up or down).
The Squeeze Indicator finds sections of the Bollinger Bands which fall inside the Keltner's Channels, and in this case, the market is said to be in a squeeze (indicator turns off, displayed with grey diamond shapes in this study).
When the volatility increases, so does the distance between the bands. Conversely, when the volatility declines, the distance also decreases, and in such cases, the squeeze is said to be released (indicator turns on, displayed with triangle up or triangle down shapes)
Taking the above information and what was in the script was able to base the alert conditions:
So when the condition:
Squeeze On or No Squeeze = In Squeeze
Squeeze Off = Squeeze Release Long or Squeeze Release Long based off conditions.
There are 2 separate alert Types.
1. App, Pop-up, eMail, play sound and Send email to SMS
2. It Is dedicated to Webhook for your various applications.
Alerting Options
[img]i.imgur.com/kq21oVM.png[/img]
App Notification
[img]i.imgur.com/DYjtTal.png[/img]
[img]i.imgur.com/Sm0RpBr.png[/img]
Webhook test into Discord
[img]i.imgur.com/0xb1ukc.png[/img]
Notes de version
Fixed some comments Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.