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
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Overview
V19 Volatility Squeeze Breakout (Clean) detects an ATR percentile squeeze, then marks a long or short when price closes beyond the squeeze range. Zero values for lookback, squeeze percentile and ATR multiple fall back to built-in defaults. A nine-cell regime filter combines trend and volatility, and sizing inputs set account equity and risk per trade. Entry arrows, exit markers and labels are optional.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Lookback (0=auto)
int
0
lookback_inp
Squeeze % (0=auto)
int
0
sq_pctile_inp
ATR Mult (0=auto)
float
0.0
atr_mult_inp
ATR Period
int
14
atr_period
Enable Early Stop Move
bool
true
use_early_be
Trigger (fraction of 1R)
float
0.75
early_be_trig
Stop destination (R)
float
-0.5
early_be_dest
Enable Regime Filter
bool
true
use_regime_filter
Allow: Uptrend + High Vol
bool
true
allow_uptrend_high
Allow: Uptrend + Normal Vol
bool
true
allow_uptrend_normal
Allow: Uptrend + Low Vol
bool
false
allow_uptrend_low
Allow: Downtrend + High Vol
bool
true
allow_downtrend_high
Show all 24 settings
Setting
Type
Default
Variable
Allow: Downtrend + Normal Vol
bool
true
allow_downtrend_normal
Allow: Downtrend + Low Vol
bool
false
allow_downtrend_low
Allow: Ranging + High Vol
bool
true
allow_ranging_high
Allow: Ranging + Normal Vol
bool
true
allow_ranging_normal
Allow: Ranging + Low Vol
bool
false
allow_ranging_low
Enable Long Entries
bool
true
enable_longs
Enable Short Entries
bool
true
enable_shorts
Account Equity ($)
float
10000.0
account_equity
Risk Per Trade (%)
float
3.0
risk_pct
Show Entry Arrows
bool
true
show_entry_arrows
Show Exit Markers
bool
true
show_exit_markers
Show Entry Labels
bool
true
show_labels
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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