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barrettdenning

SQueezeVergence

barrettdenning  
Bands and Channels Pivot points and levels Trend Analysis Divergence buyandsellsignal macdivergence squeezemomentum trend
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bandsandchannels pivotpointsandlevels trendanalysis divergence buyandsellsignal macdivergence squeezemomentum trend
This is my SQueezeVergence indicator. It fires Buy and Sell signals based on squeeze momentum and trend. **It also creates Bull and Bear signals based on MACD divergence which should only be used as areas of support and resistance being as these signals repaint based on a 5 candle look back of pivots.** All settings are editable for better use. The default settings are what I use on the 1 Minute chart of ES to scalp. This is a simple indicator to help me get alerts on when I need to scalp. The divergence signals work well for areas of significance. I like to watch for breaks of these levels along with support and resistance. I hope this helps.
Open-source script

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