PROTECTED SOURCE SCRIPT

Volatility Squeeze Region Indicator

Volatility Squeeze Indicator conditions based on lowest ATR ,proportion of Bollinger and keltner channel upper and lower bands. Usage to identify and highlight Squeeze region when if indicator value <1 means Squeeze On and >1 means Squeeze off .
Additionally Background Highlights for Daily(Blue), Weekly(Brown) and Monthly(purple) Squeeze regimes for confluence check. For Breakouts and trades use appropriate Price Action and in conjunction other indicators.
    Average True Range (ATR)Bollinger Bands (BB)Keltner Channels (KC)volatality

    Protected script

    This script is published closed-source and you may privately use it freely.

    Want to use this script on a chart?

    Disclaimer