Bollinger Squeeze 2

Bollinger Squeeze 2 is a variation of the Bollinger Squeeze indicator. Besides the BollingerBands and the KeltnerChannel in the Bollinger Squeeze 2 the Momentum and Exponential Moving Average indicators are used.

The indicator view in the chart.

The indicator has the following parameters:

Bollinger bands

Period - period of the Bollinger Bands indicator.

Channel width - setting of the Bollinger Bands channel width.

Keltner Channel

Period - period of the KeltnerChannel indicator.

Offset multiplier - set a coefficient, which changes the Keltner channel width.

Momentum

Period - period of the Momentum indicator.

Exponential moving average - period of the EMA indicator for the Momentum indicator.

Common

Source - setting of the indicator calculation parameters:

• Open
• High
• Low
• Close
• Volume

Drawing
Panel - selection of the indicator location in the chart:

• New panel
• Chart

HighRatio,LowRatio

Show value - display of the indicator value on the price scale.

Show zero values - display of zero values.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Color

Visual type - visual setting of the indicator display in the chart:

• Line
• Histogram
• Hash
• Block
• Cross
• Square
• Dots
• Up arrow
• Down arrow
• Axis label
• Hide

Line style - setting of the line display style:

• Dot
• Solid
• Dash
• Dash - dot
• Dash - dot - dot

Width - setting of the indicator line width.