PROTECTED SOURCE SCRIPT
Squeeze RM [Darwinian]
Squeeze RM - Breakout Signal Detector
Multi-condition breakout indicator combining Squeeze detection, RSI tight range analysis, and MACD trend confirmation to identify high-probability accumulation breakouts.
1. Squeeze Detection (BB + KC)
Identifies volatility compression using the classic TTM Squeeze method (Bollinger Bands inside Keltner Channels). Blue candles indicate squeeze is active.
2. RSI Tight Range
Detects RSI consolidation between 45-55 after being overbought (>70 in lookback period). Blue background highlights this accumulation zone.
3. MACD Overlay
EMA 50 plotted as + signs, color-coded by MACD histogram direction:
• Green = Bullish momentum (MACD > 0)
• Red = Bearish momentum (MACD < 0)
• Bright = Histogram crossing zero
• Faded = Momentum weakening
SIGNAL:
Blue label appears below candle when Squeeze is active AND RSI crosses above 55, indicating a bullish breakout from consolidation.
Key Features:
• Clean visual design - minimal chart clutter
• Customizable colors and opacity
• Multiple alert conditions
• All settings hidden from status line
• Wyckoff-inspired momentum detection (optional)
Best For:
Swing trading and day trading on timeframes 15m and above. Works well on stocks, crypto, and forex pairs.
Settings:
All parameters are fully customizable including squeeze sensitivity, RSI bounds, MACD parameters, colors, and visual toggles.
Multi-condition breakout indicator combining Squeeze detection, RSI tight range analysis, and MACD trend confirmation to identify high-probability accumulation breakouts.
1. Squeeze Detection (BB + KC)
Identifies volatility compression using the classic TTM Squeeze method (Bollinger Bands inside Keltner Channels). Blue candles indicate squeeze is active.
2. RSI Tight Range
Detects RSI consolidation between 45-55 after being overbought (>70 in lookback period). Blue background highlights this accumulation zone.
3. MACD Overlay
EMA 50 plotted as + signs, color-coded by MACD histogram direction:
• Green = Bullish momentum (MACD > 0)
• Red = Bearish momentum (MACD < 0)
• Bright = Histogram crossing zero
• Faded = Momentum weakening
SIGNAL:
Blue label appears below candle when Squeeze is active AND RSI crosses above 55, indicating a bullish breakout from consolidation.
Key Features:
• Clean visual design - minimal chart clutter
• Customizable colors and opacity
• Multiple alert conditions
• All settings hidden from status line
• Wyckoff-inspired momentum detection (optional)
Best For:
Swing trading and day trading on timeframes 15m and above. Works well on stocks, crypto, and forex pairs.
Settings:
All parameters are fully customizable including squeeze sensitivity, RSI bounds, MACD parameters, colors, and visual toggles.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. However, you can use it freely and without any limitations – learn more here.
Penafian
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. However, you can use it freely and without any limitations – learn more here.
Penafian
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.