Description
An indicator that identifies market squeezes (low volatility) and momentum direction using Bollinger Bands, Keltner Channels, and Linear Regression.
Implementation Logic
Orchestrate parallel streams of Bollinger Bands, Keltner Channels, and Donchian Midlines. Maintain the boolean state of the "squeeze" condition, and yield a Moving Linear Regression histogram of the price against the midline averages.
Suggested Package
volatility
Labels
Description
An indicator that identifies market squeezes (low volatility) and momentum direction using Bollinger Bands, Keltner Channels, and Linear Regression.
Implementation Logic
Orchestrate parallel streams of Bollinger Bands, Keltner Channels, and Donchian Midlines. Maintain the boolean state of the "squeeze" condition, and yield a Moving Linear Regression histogram of the price against the midline averages.
Suggested Package
volatilityLabels