[blackcat] L3 Squeeze Dynamics V2
█ OVERVIEW
L3 Squeeze Dynamics V2 turns the original squeeze study into a complete long and short
signal engine with a position state machine, ATR risk levels and a live dashboard. The
squeeze, momentum, SAR and volume weighted RSI calculation is kept exactly as in V1,
everything around it is rebuilt.
█ CONCEPTS
Squeeze
A Bollinger envelope is compared with a Keltner envelope. Fully inside means compression
and a coming expansion, fully outside means the move already started. The mixed state is
treated as noise and blocked.
Momentum
A linear regression of price against its channel mid range returns a signed value. The
sign is the bias, the slope versus the previous bar is the acceleration.
Confluence
• Squeeze and momentum: decisive state with momentum accelerating away from zero
• Parabolic SAR: price on the correct side of the trailing reversal system
• Volume weighted RSI: volume weighted pressure above or below the center line
Governance
A state machine tracks long, short and flat. Signals fire on their first bar only, a
cooldown suppresses clusters, the opposite condition closes the trade, and same bar
reversals become one combined event.
█ HOW TO USE
1 — Add the script to a standard candlestick chart and keep the defaults first.
2 — Read the dashboard: position, squeeze state, momentum, RSI, SAR bias, entry, target,
stop and bars in trade.
3 — Act only on bar close confirmation. Alerts default to once per bar close, so they
never repaint.
4 — Use the ATR levels as the risk frame. They are frozen at entry and do not drift
while the trade is open.
█ INPUTS
Squeeze Momentum
• SQUEEZE MOMENTUM INDICATOR: block switch
• BOLLINGER BANDS LENGTH: default 85
• BOLLINGER BANDS MULTI-FACTOR: default 2.1
• KELTNER CHANNEL LENGTH: default 38
• KELTNER CHANNEL MULTI-FACTOR: default 2.0
Parabolic SAR
• PARABOLIC SAR: direction filter switch
• SAR STAR: initial acceleration, default 0.73
• SAR INC: increment, default 0.5
• SAR MAX: ceiling, default 0.06
Volume Weighted RSI
• RSI VOLUME WEIGHTED: bias filter switch
• RSI LENGTH: default 22
• RSI CENTER LINE: default 45
Signal Governance
• POSITION STATE MACHINE: one position at a time
• COOLDOWN BARS: minimum signal spacing, 0 disables
• ALLOW SAME-BAR REVERSAL: flip without a flat bar
Risk
• SHOW ATR TP/SL LEVELS, EXIT ON TP/SL HIT
• ATR LENGTH, STOP LOSS (xATR), TAKE PROFIT (xATR)
Visuals
• Labels, bands, SAR crosses, bar coloring, position background, squeeze background
and the dashboard are all optional.
█ SIGNALS
• LE and SE: long and short entry
• RL and RS: re-entry in the direction of the previous closed trade
• XL and XS: exit by the opposite condition
• TP and SL: exit by the ATR target or stop
• XL+SE and XS+LE: same bar reversal, one label carries both sides
• Arrows are entries, crosses are exits, purple marks are reversals
█ FEATURES
• Seven alert conditions: long entry, short entry, long exit, short exit, reversal,
target hit, stop hit
• Dynamic alert text with ticker, timeframe and price
• Position background and dashboard for instant state reading
• Original momentum bar coloring preserved
• Exits always outrank entries, the state can never contradict itself
█ LIMITATIONS
• The RSI block needs a real volume feed
• Long Bollinger and Keltner periods produce few signals on low timeframes
• Flat ranges release the squeeze repeatedly, the cooldown does the heavy lifting
• The SAR defaults of the original study are unusual: the increment exceeds the
ceiling, so the SAR behaves like a fixed step system. Lower the increment for a
classic response
• ATR levels are a risk frame, not a promise of a profitable trade
█ NOTES
• Squeeze momentum descends from the classic study family, credited to its original
authors
• Original study and idea: blackcat1402
• Calculation core unchanged from V1, trade layer rebuilt
════════════════════════════════════════════════════════════════════════
For questions or feedback, please use the comments section below.
Feel free to use and modify, attribution appreciated.
L3 Squeeze Dynamics V2 turns the original squeeze study into a complete long and short
signal engine with a position state machine, ATR risk levels and a live dashboard. The
squeeze, momentum, SAR and volume weighted RSI calculation is kept exactly as in V1,
everything around it is rebuilt.
█ CONCEPTS
Squeeze
A Bollinger envelope is compared with a Keltner envelope. Fully inside means compression
and a coming expansion, fully outside means the move already started. The mixed state is
treated as noise and blocked.
Momentum
A linear regression of price against its channel mid range returns a signed value. The
sign is the bias, the slope versus the previous bar is the acceleration.
Confluence
• Squeeze and momentum: decisive state with momentum accelerating away from zero
• Parabolic SAR: price on the correct side of the trailing reversal system
• Volume weighted RSI: volume weighted pressure above or below the center line
Governance
A state machine tracks long, short and flat. Signals fire on their first bar only, a
cooldown suppresses clusters, the opposite condition closes the trade, and same bar
reversals become one combined event.
█ HOW TO USE
1 — Add the script to a standard candlestick chart and keep the defaults first.
2 — Read the dashboard: position, squeeze state, momentum, RSI, SAR bias, entry, target,
stop and bars in trade.
3 — Act only on bar close confirmation. Alerts default to once per bar close, so they
never repaint.
4 — Use the ATR levels as the risk frame. They are frozen at entry and do not drift
while the trade is open.
█ INPUTS
Squeeze Momentum
• SQUEEZE MOMENTUM INDICATOR: block switch
• BOLLINGER BANDS LENGTH: default 85
• BOLLINGER BANDS MULTI-FACTOR: default 2.1
• KELTNER CHANNEL LENGTH: default 38
• KELTNER CHANNEL MULTI-FACTOR: default 2.0
Parabolic SAR
• PARABOLIC SAR: direction filter switch
• SAR STAR: initial acceleration, default 0.73
• SAR INC: increment, default 0.5
• SAR MAX: ceiling, default 0.06
Volume Weighted RSI
• RSI VOLUME WEIGHTED: bias filter switch
• RSI LENGTH: default 22
• RSI CENTER LINE: default 45
Signal Governance
• POSITION STATE MACHINE: one position at a time
• COOLDOWN BARS: minimum signal spacing, 0 disables
• ALLOW SAME-BAR REVERSAL: flip without a flat bar
Risk
• SHOW ATR TP/SL LEVELS, EXIT ON TP/SL HIT
• ATR LENGTH, STOP LOSS (xATR), TAKE PROFIT (xATR)
Visuals
• Labels, bands, SAR crosses, bar coloring, position background, squeeze background
and the dashboard are all optional.
█ SIGNALS
• LE and SE: long and short entry
• RL and RS: re-entry in the direction of the previous closed trade
• XL and XS: exit by the opposite condition
• TP and SL: exit by the ATR target or stop
• XL+SE and XS+LE: same bar reversal, one label carries both sides
• Arrows are entries, crosses are exits, purple marks are reversals
█ FEATURES
• Seven alert conditions: long entry, short entry, long exit, short exit, reversal,
target hit, stop hit
• Dynamic alert text with ticker, timeframe and price
• Position background and dashboard for instant state reading
• Original momentum bar coloring preserved
• Exits always outrank entries, the state can never contradict itself
█ LIMITATIONS
• The RSI block needs a real volume feed
• Long Bollinger and Keltner periods produce few signals on low timeframes
• Flat ranges release the squeeze repeatedly, the cooldown does the heavy lifting
• The SAR defaults of the original study are unusual: the increment exceeds the
ceiling, so the SAR behaves like a fixed step system. Lower the increment for a
classic response
• ATR levels are a risk frame, not a promise of a profitable trade
█ NOTES
• Squeeze momentum descends from the classic study family, credited to its original
authors
• Original study and idea: blackcat1402
• Calculation core unchanged from V1, trade layer rebuilt
════════════════════════════════════════════════════════════════════════
For questions or feedback, please use the comments section below.
Feel free to use and modify, attribution appreciated.
Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq My new github for more pine development soon: github.com/wxt-coder
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq My new github for more pine development soon: github.com/wxt-coder
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน