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MEXC Squeeze+EW Signal Engine PRO [3Commas]
📊 SQZ PRO — Advanced Signal & Dashboard Indicator
Overview
SQZ PRO is a comprehensive trading indicator that combines squeeze momentum analysis with automated signal generation and a built-in performance dashboard. Designed for both futures and spot markets, it provides precise entry/exit signals with dynamic support/resistance levels and position sizing recommendations.
🔍 How It Works
The indicator identifies consolidation phases (squeezes) and breakout opportunities using a multi-factor approach:
Squeeze Detection: Monitors Bollinger Bands within Keltner Channels to detect low-volatility compression zones
Momentum Confirmation: Uses momentum oscillators to confirm breakout direction
Signal Generation: Produces BUY/SELL signals at optimal entry points with confidence levels (XL, L, S, XS)
Dynamic S/R Levels: Automatically plots key support and resistance zones based on recent price structure
ATR-Based Sizing: Calculates position size recommendations using Average True Range for risk management
Dashboard Metrics
The built-in dashboard displays real-time performance analytics:
Metric Description
Net PnL Cumulative profit/loss from generated signals
Win Rate Percentage of profitable trades
Profit Factor Ratio of gross profit to gross loss
Max Drawdown Largest peak-to-trough decline
Total Trades Number of signals generated
️ Settings & Parameters
Parameter Default Description
Length 20 Lookback period for calculations
Mult BB 2.0 Bollinger Bands multiplier
Mult KC 1.5 Keltner Channel multiplier
ATR Length 14 ATR calculation period
Signal Threshold 50 Minimum signal strength (0-100)
Show Dashboard true Toggle performance dashboard
Show S/R Levels true Toggle support/resistance lines
💡 How to Use
For Long Positions:
Wait for a BUY signal with XL or L confidence
Enter near the signal candle close
Place stop-loss below the nearest support level
Take profit at the next resistance zone
For Short Positions:
Wait for a SELL signal with XL or L confidence
Enter near the signal candle close
Place stop-loss above the nearest resistance level
Take profit at the next support zone
Risk Management:
Use XS signals for conservative entries
Scale in with S signals on confirmation
Full position with L/XL signals on strong breakouts
Backtest Results (Sample)
Initial Capital: 10,000 USDT
Net Profit: +6,104.49 USDT (+61.04%)
Total Trades: 361
Win Rate: 45.71%
Profit Factor: 1.309
Max Drawdown: 14.06%
CAGR: 21.51%
️ Disclaimer
This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Trading cryptocurrencies and other financial instruments carries significant risk. Always use proper risk management and never trade with funds you cannot afford to lose. Perform your own backtesting and due diligence before using any signals in live trading.
Version History
v1.0 — Initial release with core squeeze detection and signals
v1.1 — Added dynamic S/R levels and ATR position sizing
v1.2 — Integrated performance dashboard with real-time metrics
Overview
SQZ PRO is a comprehensive trading indicator that combines squeeze momentum analysis with automated signal generation and a built-in performance dashboard. Designed for both futures and spot markets, it provides precise entry/exit signals with dynamic support/resistance levels and position sizing recommendations.
🔍 How It Works
The indicator identifies consolidation phases (squeezes) and breakout opportunities using a multi-factor approach:
Squeeze Detection: Monitors Bollinger Bands within Keltner Channels to detect low-volatility compression zones
Momentum Confirmation: Uses momentum oscillators to confirm breakout direction
Signal Generation: Produces BUY/SELL signals at optimal entry points with confidence levels (XL, L, S, XS)
Dynamic S/R Levels: Automatically plots key support and resistance zones based on recent price structure
ATR-Based Sizing: Calculates position size recommendations using Average True Range for risk management
Dashboard Metrics
The built-in dashboard displays real-time performance analytics:
Metric Description
Net PnL Cumulative profit/loss from generated signals
Win Rate Percentage of profitable trades
Profit Factor Ratio of gross profit to gross loss
Max Drawdown Largest peak-to-trough decline
Total Trades Number of signals generated
️ Settings & Parameters
Parameter Default Description
Length 20 Lookback period for calculations
Mult BB 2.0 Bollinger Bands multiplier
Mult KC 1.5 Keltner Channel multiplier
ATR Length 14 ATR calculation period
Signal Threshold 50 Minimum signal strength (0-100)
Show Dashboard true Toggle performance dashboard
Show S/R Levels true Toggle support/resistance lines
💡 How to Use
For Long Positions:
Wait for a BUY signal with XL or L confidence
Enter near the signal candle close
Place stop-loss below the nearest support level
Take profit at the next resistance zone
For Short Positions:
Wait for a SELL signal with XL or L confidence
Enter near the signal candle close
Place stop-loss above the nearest resistance level
Take profit at the next support zone
Risk Management:
Use XS signals for conservative entries
Scale in with S signals on confirmation
Full position with L/XL signals on strong breakouts
Backtest Results (Sample)
Initial Capital: 10,000 USDT
Net Profit: +6,104.49 USDT (+61.04%)
Total Trades: 361
Win Rate: 45.71%
Profit Factor: 1.309
Max Drawdown: 14.06%
CAGR: 21.51%
️ Disclaimer
This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Trading cryptocurrencies and other financial instruments carries significant risk. Always use proper risk management and never trade with funds you cannot afford to lose. Perform your own backtesting and due diligence before using any signals in live trading.
Version History
v1.0 — Initial release with core squeeze detection and signals
v1.1 — Added dynamic S/R levels and ATR position sizing
v1.2 — Integrated performance dashboard with real-time metrics
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.