OPEN-SOURCE SCRIPT
iFCPO KC Squeeze
iFCPO KC Lunch Squeeze — Keltner-Bollinger squeeze with PM-open release detection.
Classic squeeze: BB(20,2) inside KC(20,1.5). When BB contracts inside KC during lunch (12:30-14:30 closed), volatility is bottled up. Release at PM open (14:30) often produces directional move.
Flags release events with green flag above bar. Outputs squeeze_on/lunch_squeeze/pm_open_release booleans.
MEMBER tier indicator from iFCPO — Malaysia palm-oil futures trading platform.
Classic squeeze: BB(20,2) inside KC(20,1.5). When BB contracts inside KC during lunch (12:30-14:30 closed), volatility is bottled up. Release at PM open (14:30) often produces directional move.
Flags release events with green flag above bar. Outputs squeeze_on/lunch_squeeze/pm_open_release booleans.
MEMBER tier indicator from iFCPO — Malaysia palm-oil futures trading platform.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.