mrtools wrote: Sun Feb 19, 2017 1:58 am
This is the bollinger band squeeze, the squeeze is represented by the dots, green equals squeeze breakout red means the bollinger bands are inside the keltner channel generally representing a flat market. The color histogram is calculated using linear regression. Alerts are on squeeze breakout and or on all phases of the color change on the histogram.
bb sqz.png
Hi, would it be possible to have a version of this indicator that will signal when a candle closes outside of both Bollinger bands and the Keltner channel, rather than when the Bollinger bands exit the Keltner channel. This would give signals one candle earlier in a lot of cases. My system requires BBsqueeze to signal within 1 candle of 2 other indicators giving signal so if it comes one candle late I end up missing out on what is usually a fairly profitable trade. Thanks