OPEN-SOURCE SCRIPT
TTM Squeeze Pro Pine Screener
This script is extension of TTM Squeeze Pro originally published by Beardy_Fred to scan conditions of TTM Squeeze and moving averages alignment on pine screener.
Overview:
This indicator combines the classic TTM Squeeze methodology with a robust set of Exponential Moving Averages (EMAs) and advanced scanning capabilities. Designed for traders who want to monitor momentum, squeeze conditions, and trend alignments simultaneously, it provides a comprehensive toolkit for technical analysis.
Key Features:
1. **TTM Squeeze Logic**:
- Uses Bollinger Bands and Keltner Channels to identify four squeeze states: No Squeeze (Green), Low Squeeze (Black), Mid Squeeze (Red), and High Squeeze (Orange).
- Plots squeeze dots and a momentum histogram in a lower pane for easy visualization.
2. **Exponential Moving Averages (EMAs)**:
- Overlays 7 EMAs on the price chart: 8, 21, 34, 55, 89, 144, and 233.
- Trend-based coloring: Rising EMAs in bright shades (e.g., Lime, Yellow, Fuchsia), falling in darker shades (e.g., Green, Orange, Red).
3. **Scan Alerts**:
- Transition Alerts: Squeeze Started, High Squeeze Started, Squeeze Fired, High Squeeze Fired, plus individual Low/Mid/No Squeeze Fired events.
- EMA Alignment Alerts: EMA 8>21, EMA 34>55>89, and EMA 89>144>233 for spotting bullish trends.
- State Alerts: Current squeeze condition (No, Low, Mid, High).
4. **Scan Columns (Data Window)**:
- Days since last No, Low, Mid, High Squeeze, and High Squeeze Fired.
- Percentage distance from the 52-week low (% From 52wk Low).
Usage:
- **Chart**: Apply to any symbol to see squeeze states, momentum, and EMAs in action.
- **Alerts**: Set up alerts for squeeze transitions, firings, or EMA alignments to catch key moments.
- **Watchlist**: Use scan columns in a watchlist (Premium feature) to monitor multiple symbols.
- **Customization**: Adjust squeeze length and multipliers via inputs to suit your trading style.
Inputs:
- TTM Squeeze Length (default: 20)
- Bollinger Band STD Multiplier (default: 2.0)
- Keltner Channel Multipliers: High (1.0), Mid (1.5), Low (2.0)
- Alert Toggles: Price Action Squeeze, Squeeze Firing
Notes:
- Optimized for daily charts (252 bars ≈ 52 weeks), but works on any timeframe—interpret "days" as bars.
- Colors are TradingView-standard and distinct for clarity.
Enjoy trading with this all-in-one squeeze and trend tool!
Overview:
This indicator combines the classic TTM Squeeze methodology with a robust set of Exponential Moving Averages (EMAs) and advanced scanning capabilities. Designed for traders who want to monitor momentum, squeeze conditions, and trend alignments simultaneously, it provides a comprehensive toolkit for technical analysis.
Key Features:
1. **TTM Squeeze Logic**:
- Uses Bollinger Bands and Keltner Channels to identify four squeeze states: No Squeeze (Green), Low Squeeze (Black), Mid Squeeze (Red), and High Squeeze (Orange).
- Plots squeeze dots and a momentum histogram in a lower pane for easy visualization.
2. **Exponential Moving Averages (EMAs)**:
- Overlays 7 EMAs on the price chart: 8, 21, 34, 55, 89, 144, and 233.
- Trend-based coloring: Rising EMAs in bright shades (e.g., Lime, Yellow, Fuchsia), falling in darker shades (e.g., Green, Orange, Red).
3. **Scan Alerts**:
- Transition Alerts: Squeeze Started, High Squeeze Started, Squeeze Fired, High Squeeze Fired, plus individual Low/Mid/No Squeeze Fired events.
- EMA Alignment Alerts: EMA 8>21, EMA 34>55>89, and EMA 89>144>233 for spotting bullish trends.
- State Alerts: Current squeeze condition (No, Low, Mid, High).
4. **Scan Columns (Data Window)**:
- Days since last No, Low, Mid, High Squeeze, and High Squeeze Fired.
- Percentage distance from the 52-week low (% From 52wk Low).
Usage:
- **Chart**: Apply to any symbol to see squeeze states, momentum, and EMAs in action.
- **Alerts**: Set up alerts for squeeze transitions, firings, or EMA alignments to catch key moments.
- **Watchlist**: Use scan columns in a watchlist (Premium feature) to monitor multiple symbols.
- **Customization**: Adjust squeeze length and multipliers via inputs to suit your trading style.
Inputs:
- TTM Squeeze Length (default: 20)
- Bollinger Band STD Multiplier (default: 2.0)
- Keltner Channel Multipliers: High (1.0), Mid (1.5), Low (2.0)
- Alert Toggles: Price Action Squeeze, Squeeze Firing
Notes:
- Optimized for daily charts (252 bars ≈ 52 weeks), but works on any timeframe—interpret "days" as bars.
- Colors are TradingView-standard and distinct for clarity.
Enjoy trading with this all-in-one squeeze and trend tool!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.