OPEN-SOURCE SCRIPT
Borrow Fee & Squeeze Tracker
Squeeze tracker.
This script helps identify potential short squeeze setups by detecting two key indicators: unusual volume and significant price changes.
The script combines both volume and price changes to give a more reliable indication of potential squeeze opportunities. When both criteria are met, it signals that there may be unusual market activity. The script also allows you to set up automatic alerts when both the volume and price change exceed thresholds, so you can react quickly to potential opportunities without constantly monitoring the charts.
Once added, you can set an alert:
Now, when the script detects both a volume spike and a price change spike, it will trigger an alert based on your settings.
Enjoy!
This script helps identify potential short squeeze setups by detecting two key indicators: unusual volume and significant price changes.
The script combines both volume and price changes to give a more reliable indication of potential squeeze opportunities. When both criteria are met, it signals that there may be unusual market activity. The script also allows you to set up automatic alerts when both the volume and price change exceed thresholds, so you can react quickly to potential opportunities without constantly monitoring the charts.
Once added, you can set an alert:
- Click on the Alert button
- In the "Condition" dropdown, select the Squeeze Alert that was created.
- Set the alert options
Now, when the script detects both a volume spike and a price change spike, it will trigger an alert based on your settings.
Enjoy!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.