V19 Volatility Squeeze Breakout: Free TradingView Indicator (Pine Script)

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

V19 Volatility Squeeze Breakout plots EMA lines with a ribbon, VWAP with bands, and the squeeze range. ATR sets stops, with staged targets, an early stop move and a trail. It signals only on charts from fifteen minutes to one hour.

ATR percentile squeeze detection
Breakout beyond squeeze range
EMA ribbon and VWAP bands
ATR stop with early stop move
Optional regime filter and alerts

Details

Published by

snoozie-v on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Crypto

Timeframes

M15-H1

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.

File

tradingview_v19.pine

Repository

github.com/snoozie-v/backtesting. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Enable Long Entries	`bool`	`true`	`enable_longs`
Enable Short Entries	`bool`	`true`	`enable_shorts`
ATR Percentile Lookback (bars)	`int`	`102`	`lookback`
Squeeze Percentile Threshold	`int`	`35`	`squeeze_pctile`
ATR Multiplier — Long (1R / Trail)	`float`	`5.0`	`atr_mult_long`
ATR Multiplier — Short (1R / Trail)	`float`	`5.0`	`atr_mult_short`
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 units)	`float`	`-0.5`	`early_be_dest`
Show EMA Lines	`bool`	`true`	`show_emas`
EMA Source	`source`	`close`	`ema_src`

Show all 39 settings

Setting	Type	Default	Variable
Fast EMA Length	`int`	`21`	`ema_fast_len`
Mid EMA Length	`int`	`50`	`ema_mid_len`
Slow EMA Length	`int`	`200`	`ema_slow_len`
Show EMA Ribbon Fill	`bool`	`true`	`show_ema_ribbon`
Show EMA Cross Labels	`bool`	`true`	`show_ema_crosses`
Show VWAP	`bool`	`true`	`show_vwap`
Show VWAP ± 1σ / 2σ	`bool`	`true`	`show_vwap_bands`
Show Squeeze Range	`bool`	`true`	`show_squeeze`
Show Trailing Stop Line	`bool`	`true`	`show_trail_stop`
Show Trade Plan Labels	`bool`	`true`	`show_trade_labels`
Show Exit Labels	`bool`	`true`	`show_exit_labels`
Show Squeeze Duration Label	`bool`	`true`	`show_sq_duration`
Show Entry Arrows	`bool`	`true`	`show_entry_arrows`
Show Exit Markers	`bool`	`true`	`show_exit_markers`
Show Blocked Entry Dots	`bool`	`true`	`show_blocked_dots`
Alert: Squeeze Start / End	`bool`	`false`	`alert_squeeze_events`
Alert: Blocked Entries	`bool`	`false`	`alert_blocked`
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`
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`

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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