OPEN-SOURCE SCRIPT
Updated BB/KC Squeeze Breakout

BB and KC breakout. A M15 and M1 TF on BB need to be inside the KC. Entry is on the M1 break
Release Notes
Added an option to turn on or off the lower timeframe and added the max $ loss per position Release Notes
Changed so you can add after how many R the SL is going to entryRelease Notes
only 1 trade after the break, no reprintingRelease Notes
only 1 trade per candleRelease Notes
Change the entry so it enters the position after the candle closes above BB and KC without BB having to cross the KCRelease Notes
both BB need to be inside KC for squeezeOpen-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.