OPEN-SOURCE SCRIPT

@Unwind Pressure Detector - AUDITED v3.0

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SQUEEZE → UNWIND PRESSURE DETECTOR v3.0
The first indicator that not only finds oversold squeezes… but tells you exactly when the move is exhausting and it’s time to take profits.

Fully audited, clean Pine Script v6, zero repainting, zero lag tricks.

WHAT IT DOES
• Detects high-probability squeeze setups (RSI + Volume + VIX + Trend confluence)
• Scores pressure from 0–115 with dynamic sensitivity (Low to Extreme)
• Identifies CRITICAL zones where explosive moves are most likely
• Most importantly → flags the UNWIND when trapped shorts are finally covering and the rally is running out of fuel (perfect profit-taking signal)

FEATURES
• Real-time pressure dashboard (top-right)
• Color-coded background zones (Critical = red, High = orange)
• Smart anti-spam labels with ATR offset
• Three alert conditions:
→ Squeeze Setup
→ Critical Squeeze
→ Unwind / Take Profit
• Works on all markets & timeframes (stocks, forex, crypto, futures)

WHY THIS VERSION IS DIFFERENT
- v3.0 completely rewrote the unwind logic (now requires rally + sharp pressure drop)
- No false unwinds during strong trends
- Built for real trading, not just pretty screenshots

100% Open Source • Fully commented • Free to modify & rep, I want this in the public library forever.

Created with love for the TradingView community
Drop a ♥ and follow if you find it useful!

#squeeze #ttmsqueeze #unwind #volatility #vix #takeprofits #smartmoney

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