![]() With this version you can enable notifications when a squeeze is released (push notification, email, or pop-up message). It is based of of John Carter's TTM Squeeze volatility indicator, as discussed in his book Mastering the Trade. Open to feedback, questions, improvements, errors etc. This is the MetaTrader version of the very popular Squeeze Momentum indicator. Once you enable custom date backtesting, you will see lines on the chart which can be dragged left right based on where you want to start and end the backtesting from and to. mashup of squeeze Momentum Indicator (MOM) Technical Indicators by lazy Bearish Patterns AND VIX CBOE Volatility Index FI. This is a long strategy, so it also takes into consideration the 50 period Exponential Moving Average to identify upward trends. It analyzes when the trend in the momentum is shifting, locating the peaks and the valleys, and takes those as sell and buy signals respectively. TradingView is one of the most powerful trading platforms with a very active community and a wide collection of trading indicators and strategies. One of most crucial aspects while optimizing for backtesting is to check a strategies performance on uptrends, downtrend and sideways markets seperately as to understand the weak points of strategy. This strategy is based on LazyBears Squeeze Momentum indicator. In this case it would be much more feasible to disable "Short" Trading and see results of Long Only as a built in graphic view of backtestor provides a more easy to understand data feed as compared to the performance summary in which you have to review long and short profitability separately. Many markets dont allow short trades, or are not suitable for short trades. 3) Enable and Disable Toggles of Long and Short Trades Once that is done, we should start optimizing for Long and Short TP's separately, starting with Longs first in both cases. Hence once we have a profitable backtesting setting, then we should start optimizing Long and Short SL's seperately. Many markets/pairs, go down with much more speed then they go up with. In strategies there is usually only 1 SL and 1 TP, and it is assumed that if a 2% SL giving a good profit %, then it would be best for both long and short. A mashup of Squeeze Momentum indicator by Lazy Bear and Vix Fix Indictor by Chris Moody, easy to spot trend reversal. ![]() Zero Crossover Line (BUY signal when crossover zero line, and SELL crossdown zero line) 2) Long Short TP and SL mashup of squeeze Momentum Indicator (MOM) Technical Indicators by lazy Bearish Patterns AND VIX CBOE Volatility Index FI. LazyBear (I have made this simple by using Kivanc technique of Momentums Moving Average Crossover, BUY when MA cross above signal line, SELL when crossdown signal line) There was no proper strategy that would allow backtesting on which further analysis could be carried out.ġ ) Strategy Logic (easily toggleable from the dropdown menu from strategy settings) ![]() The original Squeeze Momentum Strategy did not have buy sell signals and there was alot of confusion as to when to enter and exit. Used strategy template with Take Profit, Stop Loss and Enable/Disable TogglesĪll credit goes to above Problem with original version: Taken inspiration from for its buy sell calculations, Modified version of Squeeze Momentum Indicator by to version 5,
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