Petros

Williams Squat Bars

Squat bars are a battle of the bulls and the bears, with lots of buying and selling but little price movement.
A squat bar will be one of the top three OR bottom three bars 85% of the time at the end of a trend.
While all trends end with a squat, all squats are NOT the end of a trend.
Supprimer des scripts favoris Ajouter aux indicateurs favoris
//This is a volume based indicator. Make shure to use proper volume input.

//Squat bars are a battle of the bulls and the bears, with lots of buying and selling but little price movement.
//A squat bar will be one of the top three OR bottom three bars 85% of the time at the end of a trend.
//While all trends end with a squat, all squats are NOT the end of a trend.

study("Williams Squat Bars", shorttitle="Squat Bars", overlay=true)
r_hl=roc((high-low)/volume,1)
r_v=roc(volume,1)
squat_f=(r_hl < 0) and (r_v > 0)
barcolor(squat_f ? blue : na) 

Commentaires

Hello, Thank you for making this. What volume input are you referring to please? Do I need to enter something somewhere? Sorry I don't know what you mean. Thanks for any help!
+7 Répondre
Accueil Screener d'actions Screener Forex Screener Crypto Calendrier économique Comment ça marche Caractéristiques du graphique Prix Parrainer un ami Règles de conduite Centre d'aide Solutions site web & courtier Widgets Solutions de cartographie Bibliothèque de graphiques allégés Blog & News Twitter
Profil Paramètres du Profil Compte et Facturation Amis référés Coins Mes tickets au support Centre d'aide Idées Publiées Followers Suivi(e) Messages privés Chat Se Déconnecter