Buddha Squeeze plots a linear-regression oscillator as columns coloured by direction and by whether momentum is rising or falling, with yellow marks on the zero line while Bollinger Bands sit inside Keltner-style channels. The squeeze test switches between two multiplier sets depending on whether ATR is above its 50-period average, and a table shows the count of squeeze bars. The length is chosen from fixed options.
Linear-regression momentum columns
Squeeze detection from Bollinger and Keltner widths
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Chart Length
int
21
i_Length
Bollinger Band StdDev
float
2.1
i_StdDevBB
Keltner Channel StdDev
float
1.4
i_StdDevKC
Table Text Size
string
large
i_TextSize
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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