The Bubbles Indicator measures volatility squeezes and expansion bursts using Bollinger Bands combined with a sinusoid oscillator and RSI divergence. It processes price data through scaled Bollinger Bands to highlight volatility changes while confirming trend
Indicator · Pine Script v5 · Own pane
TTM Squeeze + MACD line [Alorse]
This indicator plots a TTM Squeeze momentum oscillator and a MACD line in a separate pane.
GitHub stars330on the repository
Pine versionv5runs as is
Lines of code114
Settings13inputs
LicenceNone stated
Last update2 months ago25 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
TTM Squeeze + MACD line [Alorse] builds the squeeze oscillator from a linear regression of price against a high-low and simple moving average midpoint, and colors the area by slope and sign. Circles on the zero line compare Bollinger Bands with Keltner Channels to mark squeeze and release states. A fast-minus-slow MACD uses SMA or EMA. Optional regular and hidden bullish and bearish divergence marks use confirmed MACD pivots and a lookback range. There are no trade entries or exits.
- TTM Squeeze momentum area
- Bollinger versus Keltner squeeze dots
- SMA or EMA MACD line
- Regular and hidden divergence marks
- Adjustable pivot lookback range
Details
Published by
Alorse on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands, Divergence
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.
Topics
pinescriptpinescript-indicatorspinescript-strategiestrading-strategiestradingviewtradingview-alerttradingview-strategy
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Length | int | 20 | length |
| Source | source | close | src |
| Fast Length | int | 12 | fast_length |
| Slow Length | int | 26 | slow_length |
| Oscillator MA Type | string | EMA | sma_source |
| Pivot Lookback Right | int | 5 | lbR |
| Pivot Lookback Left | int | 5 | lbL |
| Max of Lookback Range | int | 60 | rangeUpper |
| Min of Lookback Range | int | 5 | rangeLower |
| Plot Bullish | bool | true | plotBull |
| Plot Bearish | bool | true | plotBear |
| Plot Hidden Bullish | bool | false | plotHiddenBull |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Plot Hidden Bearish | bool | false | plotHiddenBear |
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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