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Squeezebox

Combined Squeeze Box and VWMA Strategy - 30m CandlesThe "Combined Squeeze Box and VWMA Strategy - 30m Candles" is a TradingView strategy designed for 30-minute candlestick charts, combining the Squeeze Box and Volume Weighted Moving Average (VWMA) methods. Here's a breakdown of how it functions: Entry and Exit Conditions Squeeze Box: Entry (Long Position): The market is in a 'squeeze' (determined by the Squeeze Percentage being less than the Relative Squeeze % Threshold). The closing price is above the upper Bollinger Band. The moving average (MA) is trending upwards. The strategy is not already in a position. Exit (Long Position): The market exits the 'squeeze' state, and the closing price is below the moving average, which is not trending upwards. Alternatively, if the MA starts trending downwards. A take profit condition is also set, where the position is closed if the price reaches a set percentage above the entry price. VWMA (Volume Weighted Moving Average): This is used as an additional indicator for trend analysis but does not directly influence entry or exit conditions. Components and Calculations Squeeze Box: Bollinger Bands are calculated using the standard deviation and a moving average. Squeeze Percentage compares the current Band Width with the range over a specified period. VWMA: A volume-weighted moving average is plotted to provide insights into the trend influenced by volume. Tips for Best Use Confirm Trends: Use VWMA to confirm the overall market trend. An upward VWMA can be a good indicator to support long entries. Risk Management: The take profit and stop-loss parameters should be adjusted according to your risk tolerance. Watch Squeeze Dynamics: Pay attention to the squeeze dynamics. A squeeze indicates a potential breakout. Backtesting: Always backtest the strategy with historical data to understand its performance in different market conditions. Supplementary Indicators: Consider using additional indicators for further confirmation, like RSI or MACD. Stay Updated: Keep abreast of market news and events, as they can significantly impact market movements and the effectiveness of technical indicators. Remember, no strategy is foolproof, and it's essential to exercise caution and thorough analysis before making trading decisions.
BITSTAMP:BTCUSDLong
by PPonBIN
Combined Box and Squeeze Strategy (Now includes shaded boxes)Description: This Pine Script strategy, titled "Combined Box and Squeeze Strategy", is a unique blend of two powerful trading concepts: "The Box Percent Strat" and "Squeeze Box ". The strategy is designed to work on the TradingView platform and can be applied to a wide range of financial instruments across various timeframes. Key Features: Box Percent Strategy: This part of the strategy creates dynamic boxes based on percentage movements. These boxes adjust their size depending on the price action, enabling traders to visualize significant price levels for potential entries and exits. Squeeze Box Indicator: Incorporated from "Squeeze Box ", this element adds a volatility component to the strategy. It helps identify potential breakout situations by highlighting periods of low volatility, which are often precursors to significant price movements. Light Blue Shading: To enhance visual clarity and ease of interpretation, the areas between the top and bottom of the box are shaded in light blue. This feature provides a quick and easy way to identify the current box formation. Multiple Moving Averages and Conditions: The strategy employs various moving averages (EMA, SMA, SMMA, etc.) with an adjustable sampling period. It also includes conditions for buying based on moving average trends and squeeze box breakout signals. Risk and Trade Management: Incorporates a basic risk management strategy where the number of shares to trade is calculated based on the user's specified risk per trade and the size of the box. Customizable Parameters: Several inputs and parameters can be customized, including risk per trade, box size percentage, moving average type, and more, allowing traders to tailor the strategy to their trading style and risk tolerance. Usage: This strategy is best used in markets with clear trends and can be applied to various asset classes including stocks, forex, and cryptocurrencies. It is particularly useful for traders looking to capitalize on breakout scenarios and for those who appreciate visual aids in chart analysis. Remember, this script should be used as a part of your broader trading strategy and should not be relied upon solely for making trading decisions. Always backtest the strategy with historical data and use it in conjunction with other analysis methods.
NYSE:VFCLong
by PPonBIN