Squeeze + Short/Long (Futures) - WS

🧠 Overview

The Squeeze + Short/Long (Futures) indicator combines Bollinger Bands, Keltner Channels, and momentum breakout logic to identify market compression phases (squeezes) followed by strong volatility expansion.

Ideal for crypto, futures, and FX traders who seek early breakout confirmation.

📊 Momentum Visualization

🟩 Green bars: positive momentum (bullish)
🟥 Red bars: negative momentum (bearish)

⚙️ Signals

LONG signal (green triangle) → squeeze just released + bullish momentum.
SHORT signal (red triangle) → squeeze just released + bearish momentum.
Gray background → Squeeze ON (low volatility / compression).

Includes a cooldown mechanism to prevent multiple false triggers.

💡 Trading Idea

1️⃣ Wait for a gray background (market compression).
2️⃣ When white dots and a triangle appear → volatility is expanding.
3️⃣ Trade in the direction of momentum (green for longs, red for shorts).
4️⃣ Use ATR or price structure for stops and targets.

⚙️ Recommended Settings
Market BB Len KC Len BB Mult KC Mult Momentum Len
Crypto (15m–1h) 20 20 2.0 1.5 12
Futures / FX (1h–4h) 20 20 2.0 1.5 20
🔔 Alerts

LONG Squeeze → breakout upward confirmed

SHORT Squeeze → breakout downward confirmed

Enable alerts in TradingView’s Alert Manager once added to the chart.

🧾 Credits

Created with ❤️ by WS Trading Tools
Built in Pine Script v6
Based on the classic TTM Squeeze logic with custom momentum and configurable cooldown.

© 2025 GuidoT | WS Trading Tools