Squeeze Zone

This script supports my previous post Empirical Suite

It automatically plots Support and Resistance levels on the chart during periods of volatility squeeze.
You have three plotting methods:

From High to Low
From Open to Close
Linear Regression (experimental)

The levels are color-coded:
*Red: weak, one-sided volatility squeeze
*Orange: typically strong, no volatility issue

You can have a double-red zone, where both buying and selling volatility has dropped.

Combine this with the Empirical Suite or your favorite
analysis tools for extra confirmation.

Cheers,
EFX

Release Notes

Updated defaults
Removed poorly performing settings

Release Notes

Upgrade to Pine V5
Choose your own colors for Zones!
Improved default settings

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

DasanC

Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

DasanC

Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.

Also on: