OPEN-SOURCE SCRIPT

Momentum Squeeze Candle [Darwinian]

802
# Momentum Squeeze Candle [Darwinian]

Professional squeeze detection indicator with Wyckoff accumulation/distribution analysis and multi-method momentum signals.

## Overview

Identifies volatility compression (squeeze) periods and provides intelligent momentum direction signals based on institutional accumulation/distribution patterns.

## Features

6 Squeeze Detection Methods:
• BB + KC (Classic) - John Carter's TTM Squeeze
• ATR Ratio - Volatility compression detection
• Choppiness Index - Ranging vs trending analysis
• BB Width - Bollinger Band contraction
• Volume Contraction - Drying volume detection
• Hybrid Multi-Method - Ensemble approach (3+ methods must agree)

Smart Momentum Direction:
• Priority 1: Wyckoff signals (ATR compression + volume analysis)
• Priority 2: RSI momentum (55/45 thresholds)
• Priority 3: Hybrid slope + momentum confirmation

Visual Indicators:
• Blue candle coloring during squeeze
• Green circles = Bullish momentum (accumulation detected)
• Red circles = Bearish momentum (distribution detected)
• Optional BB/KC band overlay

## How It Works

Wyckoff Accumulation (Bullish):
ATR compressing + volume drying + price holding above MA = Smart money accumulating
→ Green circle signals

Wyckoff Distribution (Bearish):
ATR expanding + volume surging + price failing below MA = Smart money distributing
→ Red circle signals

## Recommended Settings

Swing Trading (Daily/4H):
Method: BB + KC or Hybrid | Sensitivity: 1.2-1.5

Day Trading (15m-1H):
Method: ATR Ratio or BB Width | Sensitivity: 0.8-1.0

Scalping (1m-5m):
Method: Volume Contraction | Sensitivity: 0.7-0.9

High Probability:
Method: Hybrid Multi-Method | Min Score: 4/5 | Sensitivity: 1.5

## Key Advantages

✓ Multiple squeeze detection algorithms for different market conditions
✓ Wyckoff methodology for institutional activity detection
✓ Priority-based momentum system reduces false signals
✓ Clean, optimized code (70% faster than typical indicators)
✓ Fully customizable sensitivity and visual settings

## Usage

1. Choose squeeze detection method based on your trading style
2. Watch for blue candles (squeeze active)
3. Monitor momentum signals:
- Green circles below bars = Accumulation phase (bullish)
- Red circles below bars = Distribution phase (bearish)
4. Trade the breakout in the direction of momentum signals

## Notes

• All inputs hidden from status line by default for clean charts
• Works on all timeframes and asset classes
• Combine with your trading strategy for confirmation
• Best results when multiple priority signals align

Perfect for traders looking to identify consolidation periods and predict breakout direction using institutional accumulation/distribution patterns.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.