This indicator plots a TTM Squeeze momentum oscillator in a separate pane. It compares a Bollinger Band offset to a Keltner Channel offset and marks the zero line white when the difference is non-negative and black when the bands are inside the channel. A line
Indicator · Pine Script v6 · Own pane
Squeeze Momentum Pro [Vantrade]
Squeeze Momentum Pro plots a TTM-style volatility squeeze in a separate pane.
GitHub stars2on the repository
Pine versionv6current
Lines of code80
Settings6inputs
LicenceCustom licence
Last update2 months ago20 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Squeeze Momentum Pro [Vantrade] compares Bollinger Bands with three Keltner Channel widths to mark wide, normal, and tight compression, and it flags the bar when a normal squeeze releases. A linear-regression momentum histogram uses four colours for rising or falling positive and negative momentum, while zero-line dots show the squeeze tier. Bollinger and Keltner lengths and multipliers, plus momentum length, change the bands and histogram. Alerts cover squeeze release and momentum flips. The squeeze itself does not state direction.
- Three-tier Bollinger and Keltner squeeze
- Linear-regression momentum histogram
- Four-colour rising and falling histogram
- Squeeze-fired release marker
- Tier-graded zero-line squeeze dots
Details
Published by
vantradelabs on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Volatility & bands, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| BB Length | int | 20 | bbLen |
| BB Mult | float | 2.0 | bbMult |
| KC Length | int | 20 | kcLen |
| KC Mult | float | 1.5 | kcMult |
| KC Tight Mult | float | 1.0 | kcTight |
| Momentum Length | int | 20 | momLen |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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