Squeeze Momentum with DMI confirmation strategy

4 oct 2020

The script combines Squeeze Momentum and Directional Movement Index (DMI) confirmation. It provides long and short entry and closure daily trade signals, suitable for Spot, Marginal and Futures exchanges

The strategy components are customizable:

• Change risk management settings (take profit, stop loss, trailing)
  
• Change signals filters
  
• Enable TrueRange or disable
  
• Change lengths and periods of components
  
  Advantages:
  1. Deal start condition includes the following filters and requirements:
  
• Momentum value is adjusted using a relative proportion of volume at each timeframe scale to exclude a chance of opening position at a low impulse stage
  
• Squeeze momentum trigger condition is automatically checked before a position is opened
  
• +DI , -DI and ADX values are taken into account to confirm the trend direction
  2. Exit positions using unique risk management settings for each asset
  3. Strategy allows to connect broker or automatic trading system using web hook alerts
  

If you want to obtain access to the strategy please send us a personal message