TTM Squeeze Buy Sell Signals - Complete TradingView Guide

//@version=5
indicator("TTM Squeeze Buy Sell Signals", overlay=false)

// Input parameters
squeezeLength = input.int(20, "Squeeze Length")
bbMult = input.float(2.0, "Bollinger Bands Multiplier")
kcMult = input.float(1.5, "Keltner Channel Multiplier")
useTrueRange = input.bool(true, "Use True Range")
histLength = input.int(5, "Histogram Smoothing")
showSqueezeDots = input.bool(true, "Show Squeeze Dots")
showHistogram = input.bool(true, "Show Momentum Histogram")
alertOnFire = input.bool(true, "Alert on Squeeze Fire")

// Bollinger Bands
basis = ta.sma(close, squeezeLength)
dev = ta.stdev(close, squeezeLength)
bbUpper = basis + bbMult * dev
bbLower = basis - bbMult * dev

// Keltner Channel
range_ = useTrueRange ? ta.tr : ta.atr(squeezeLength)
kcUpper = basis + kcMult * range_
kcLower = basis - kcMult * range_

// Squeeze detection: BB inside KC
squeezeOn = (bbUpper < kcUpper) and (bbLower > kcLower)
squeezeOff = not squeezeOn

// Momentum histogram (linear regression slope approximation)
highestHigh = ta.highest(close, squeezeLength)
lowestLow = ta.lowest(close, squeezeLength)
linDev = (close - lowestLow) - (highestHigh - close)
momentum = ta.sma(linDev, histLength)
momColor = momentum > 0 ? color.new(#00C853, 80) : color.new(#FF1744, 80)
histColor = momentum > 0 ? color.new(#00C853, 60) : color.new(#FF1744, 60)

// Squeeze fire detection
squeezeFiredUp = squeezeOff and momentum > 0 and momentum[1] <= 0
squeezeFiredDn = squeezeOff and momentum < 0 and momentum[1] >= 0

// Histogram peak reversal
histPeakUp = momentum > 2 and momentum < momentum[1]
histPeakDn = momentum < -2 and momentum > momentum[1]

// Double squeeze detection
var doubleSqueeze = false
var firstFireUp = false
var firstFireDn = false
if squeezeFiredUp
    firstFireUp := true
    firstFireDn := false
if squeezeFiredDn
    firstFireDn := true
    firstFireUp := false
if squeezeOn and firstFireUp
    doubleSqueeze := false
if squeezeFiredUp and firstFireUp[1]
    doubleSqueeze := true
if squeezeFiredDn and firstFireDn[1]
    doubleSqueeze := true

// Plot squeeze dots
plotshape(showSqueezeDots and squeezeOn, "Squeeze On", shape.circle, location.top, color=color.new(#E040FB, 70), size=size.tiny)

// Plot histogram
plot(showHistogram ? momentum : na, "Momentum Histogram", style=plot.style_histogram, color=histColor)

// Plot zero line
hline(0, "Zero Line", color=color.new(#787B86, 50))

// Plot momentum line
plot(showHistogram ? momentum : na, "Momentum Line", color=momColor, linewidth=2)

// Plot squeeze fire signals
plotshape(squeezeFiredUp, "Bullish Fire", shape.triangleup, location.bottom, color=#00C853, size=size.small)
plotshape(squeezeFiredDn, "Bearish Fire", shape.triangledown, location.top, color=#FF1744, size=size.small)

// Double squeeze labels
plotshape(doubleSqueeze and squeezeFiredUp, "Double Bullish", shape.labelup, location.bottom, color=#006B2E, size=size.small)
plotshape(doubleSqueeze and squeezeFiredDn, "Double Bearish", shape.labeldown, location.top, color=#B71C1C, size=size.small)

// Histogram peak reversal
plotshape(histPeakUp, "Peak Reversal", shape.xcross, location.top, color=#FF9100, size=size.tiny)
plotshape(histPeakDn, "Trough Reversal", shape.xcross, location.bottom, color=#2979FF, size=size.tiny)

// Alert conditions
alertcondition(squeezeFiredUp, "TTM Squeeze Bullish Fire", "TTM Squeeze fired bullish - momentum turning up")
alertcondition(squeezeFiredDn, "TTM Squeeze Bearish Fire", "TTM Squeeze fired bearish - momentum turning down")
alertcondition(squeezeOn, "TTM Squeeze Active", "TTM Squeeze is active - volatility contraction detected")
alertcondition(doubleSqueeze and squeezeFiredUp, "TTM Double Squeeze Bullish", "Double squeeze fired bullish - high probability breakout")
alertcondition(doubleSqueeze and squeezeFiredDn, "TTM Double Squeeze Bearish", "Double squeeze fired bearish - high probability breakdown")