Squeeze n Go | Forex indicator download - MT4/MT5 resources - MetaTrader 5 resources

EAcpu | 2 reads | 0 comments | 2026-05-02

This strategy focuses on trading the TTM Squeeze Pro indicator in conjunction with the EMA trend bands to filter out false breakouts and stay in line with the trend. It is designed for H1 or M5 timeframes keeping in mind daily charts for confirmations.

Setup requirements:
EMA trend ribbon
EMA 21 (white) – Key trend indicator.
EMA 34 (yellow)
EMA 55 (orange)
EMA 89 (red)

The ribbon identifies trend direction:
Bullish trend: EMA stacked upward (21 > 34 > 55 > 89).
Bearish trend: EMA is stacked downward (21 < 34 < 55 < 89).

TTM Squeeze Pro (on TradingView)
Focus on the transition from the red dot (Bollinger Bands within the Keltner Channel) to the black dot.
Look for momentum consistent with a squeeze breakout.

Entry and exit rules
entry:
If the momentum histogram is in line with the trend, then the trade breaks out from the red dot to the black dot.
Trade only on EMA 21 and Ribbon direction.

quit :
Close the trade when the momentum histogram changes from red to yellow and begins to reverse.

Multiple time frame confirmations
Always confirm trends on higher time frames (daily or weekly).

Check extrusion settings in 15M, 30M and higher timeframes for convergence.

Refer to TTM SQUEEZE PRO indicator - Beardy_Fred
> John Carter created TTM Squeeze and TTM Squeeze Pro
-> Lazybear's original explanation of TTM Squeeze: Squeeze Momentum Indicator
-> Makit0's evolution of the Lazybear script to take into account the TTM Squeeze Pro upgrade - Squeeze PRO Arrows

For those unfamiliar with the TTM Squeeze, it is just an intuitive way to look at Bollinger Bands (the standard deviation of a simple moving average) versus Keltner Bands (the average true range band) in relation to price action momentum. The concept is that as the Bollinger Bands compress within the Keltner Channel, price volatility decreases, making way for potentially explosive price moves.

Differences between Original TTM Squeeze and TTM Squeeze Pro:
->Both use 2 standard deviation Bollinger Bands;
-> The original squeeze uses only 1.5 ATR Keltner channels; and
->Pro version uses 1.0, 1.5 and 2.0 ATR Keltner channels.
The Pro therefore helps differentiate the level of squeezing (compression) as the treeline crosses the Keltner Channel, i.e. the greater the compression, the greater the potential for explosive movement - less compression means more squeezing.

The histogram shows price momentum, while the colored points (along the zero line) show Bollinger Bands in relation to the Keltner Channel:
-> Cyan bar = positive, increased motivation;
-> blue bars = positive, downward momentum (indicating price direction reversal);
-> Red bar = negative value, momentum increases;
-> Yellow bar = negative value, decreasing momentum (indicating a reversal in price direction);
-> Orange dot = high compression/big squeeze (one or both Bollinger Bands are inside the first (1.0 ATR) Keltner Channel);
-> Red dot = medium squeeze (one or two Bollinger Bands inside the second (1.5 ATR) Keltner Channel);
-> Black dot = low/wide squeeze (one or two Bollinger Bands inside the third (2.0 ATR) Keltner channel);
-> Green dot = No squeeze/squeeze trigger (one or both Bollinger Bands are outside the third (2.0 ATR) Keltner Channel).

Ideal scenario:
When a stock moves into a squeeze, the black dot will warn of the beginning of a low compression squeeze. As the Bollinger Bands continue to contract within the Keltner Channel, the red dots will highlight moderate compression. As price action and momentum continue to compress, the orange dots represent a warning of high compression. When price action leaves the squeeze, the colors reverse, such as orange to red to black to green. Any compression squeeze is considered to be triggered at the first green dot that appears.

Note: This is an ideal progression for different types of extrusions, but any type of extrusion (and color sequence) can occur at any time, so the focus is primarily on the green dot after any type of extrusion.

Entry and exit instructions:
-> John Carter recommends entering the position after at least 5 black points or waiting for the first green point; and
-> Exit on the second blue or yellow bar, or stay there after confirmation of the ongoing trend via separate indicators.