Could you show the settings?, the black dots didn't appears in my setup? The Squeeze MomentumThe Squeeze Momentum
The Squeeze Momentum was originally a derivative of John Carter's "TTM Squeeze" volatility indicator & was popularized by Lazy Bear on TradingView back in 2014.
The black dots on the median line show that the market has just entered a "Squeeze" (indicator has recognized that the Bollinger Bands are currently within the Keltner Channel). This signifies low volatility, and the market is preparing itself for an explosive move (either Up or Down). Gray crosses signify "Squeeze release".
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Also, in the 1 hour Tf, (current timeframe), the indicator shows the red color for a downtrend below 50, in that 1 Hour TF,... but when I set the indicator setting input to show the 1 Hour Tf in lower timeframes, in 5 minutes it show the color orange below 50?, I suppose it needs to be Red?
