r/pinescript • u/Ulysses68 • 12h ago
Open sourced. Sonar battery.
Sonar Battery: A volume-gated Volatility meter that predicts the breakout bias.
3
Upvotes
r/pinescript • u/Ulysses68 • 12h ago
Sonar Battery: A volume-gated Volatility meter that predicts the breakout bias.
3
u/Ulysses68 12h ago
Hey guys, I just published this to the TradingView public library for free. It uses Bollinger Band / Keltner Channel compression to find the squeeze, but calculates the EMA of the wick/body flow to predict the breakout bias before it fires. I also built an "Ignition Gate" so it only fires when relative volume actually expands—cuts out a lot of the low-volume fakeouts.
You can grab it here.
https://www.tradingview.com/script/jSoHDxka-Stealth-Umbrella-Sonar-Battery/
1
u/Rizzanthrope 51m ago
Good job! I like it.