INVITE-ONLY SCRIPT
Improved Scalping Consolidation & Squeeze Indicator
Overview
This indicator highlights three key market states designed for scalpers and intraday traders:
Consolidation zones (low volatility, neutral momentum)
Volatility squeezes (Bollinger Bands inside Keltner Channels)
Momentum exhaustion (trend weakening signals)
It applies bar coloring to visually map the transition between compression → expansion conditions that often precede breakouts or trend continuations.
How It Works
1. Consolidation Detection
The script identifies compression periods based on:
RSI neutrality (45–55 range)
Low MACD histogram amplitude
Low short-term ROC (rate of change)
These zones represent tightened price action before volatility returns.
2. Squeeze Detection
A squeeze occurs when:
Bollinger Bands contract inside Keltner Channels
This is a classic volatility compression signal and is often used to anticipate breakout conditions.
3. Momentum Exhaustion Detection
Signals when:
RSI is overbought (>70)
MACD histogram begins weakening
This highlights potential fatigue in upward momentum.
Strength Filters (Optional)
You can choose whether signals require:
Single-bar confirmation
or
N-bar consecutive confirmation (configurable)
This allows the script to be used as:
A sensitive, real-time scalping tool
A slower, more selective swing filter
Bar Colors
Orange → Squeeze detected
Yellow → Consolidation zone
White → Momentum exhaustion
Normal candles → No significant condition detected
Priority is applied in this order:
Squeeze → Consolidation → Exhaustion
Use Cases
Anticipating breakouts during low-volatility phases
Mapping structure during ranging markets
Improving scalping entries with volatility filters
Understanding when trending momentum is weakening
Notes
This tool is not a buy/sell indicator by itself. It is a market condition visualizer designed to enhance timing, confirmation, and context when combined with your strategy.
This indicator highlights three key market states designed for scalpers and intraday traders:
Consolidation zones (low volatility, neutral momentum)
Volatility squeezes (Bollinger Bands inside Keltner Channels)
Momentum exhaustion (trend weakening signals)
It applies bar coloring to visually map the transition between compression → expansion conditions that often precede breakouts or trend continuations.
How It Works
1. Consolidation Detection
The script identifies compression periods based on:
RSI neutrality (45–55 range)
Low MACD histogram amplitude
Low short-term ROC (rate of change)
These zones represent tightened price action before volatility returns.
2. Squeeze Detection
A squeeze occurs when:
Bollinger Bands contract inside Keltner Channels
This is a classic volatility compression signal and is often used to anticipate breakout conditions.
3. Momentum Exhaustion Detection
Signals when:
RSI is overbought (>70)
MACD histogram begins weakening
This highlights potential fatigue in upward momentum.
Strength Filters (Optional)
You can choose whether signals require:
Single-bar confirmation
or
N-bar consecutive confirmation (configurable)
This allows the script to be used as:
A sensitive, real-time scalping tool
A slower, more selective swing filter
Bar Colors
Orange → Squeeze detected
Yellow → Consolidation zone
White → Momentum exhaustion
Normal candles → No significant condition detected
Priority is applied in this order:
Squeeze → Consolidation → Exhaustion
Use Cases
Anticipating breakouts during low-volatility phases
Mapping structure during ranging markets
Improving scalping entries with volatility filters
Understanding when trending momentum is weakening
Notes
This tool is not a buy/sell indicator by itself. It is a market condition visualizer designed to enhance timing, confirmation, and context when combined with your strategy.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、OxPsalmsに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
This script is invite-only.
To request access, send me a message on TradingView with your username and a brief note about how you plan to use the indicator.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、OxPsalmsに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
This script is invite-only.
To request access, send me a message on TradingView with your username and a brief note about how you plan to use the indicator.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。