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Implement SqueezeMomentum (SM) indicator #8462

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Description

This pull request introduces the Squeeze Momentum Indicator (SM), which combines the Bollinger Bands and Keltner Channels to identify periods of low volatility in the market, signaling potential future price movements. The indicator highlights when the market is "squeezed" and a breakout may be imminent

Related Issue

Closes #4166

Motivation and Context

The Squeeze Momentum Indicator is important for traders who wish to identify periods of consolidation in the market. By identifying when volatility is low, it helps to predict possible breakouts, enhancing decision-making for entry and exit points.

Requires Documentation Change

Yes, the documentation should be updated to include usage instructions for the Squeeze Momentum Indicator and explain its parameters.

How Has This Been Tested?

The Squeeze Momentum Indicator has been tested using historical data from the SPY and compared against values generated using the Talib library.

Types of changes

  • Bug fix (non-breaking change which fixes an issue)
  • Refactor (non-breaking change which improves implementation)
  • Performance (non-breaking change which improves performance. Please add associated performance test and results)
  • New feature (non-breaking change which adds functionality)
  • Breaking change (fix or feature that would cause existing functionality to change)
  • Non-functional change (xml comments/documentation/etc)

Checklist:

  • My code follows the code style of this project.
  • I have read the CONTRIBUTING document.
  • I have added tests to cover my changes.
  • All new and existing tests passed.
  • My branch follows the naming convention bug-<issue#>-<description> or feature-<issue#>-<description>

@JosueNina JosueNina changed the title Implement SqueezeMomentum (SM) indicator Feature 4166 squeeze momentum indicator Implement SqueezeMomentum (SM) indicator Dec 12, 2024
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Squeeze Momentum Indicator
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