Squeeze Release Direction

Squeeze Release Direction answers the question a squeeze deliberately leaves open — the definitive clean treatment of squeeze release direction as an evidence poll rather than a single cue. While the Bollinger Bands run inside the Keltner Channels a neutral compression zone tracks the coil; on the fire bar — the bands emerging again — five independent pieces of evidence each cast a vote, and the net score becomes the read, graded by how strongly the votes agree.

How to Trade the Squeeze Release Direction?

• Strong or Moderate labels: a net score of at least four or at least two on one side — the fires worth treating directionally, the vote breakdown a hover away.
• Weak labels: a one-vote margin; evidence barely leans, so demand follow-through before committing.
• Ambiguous labels: the votes cancel — head-fake territory, so stand aside or bracket the coil.
• Zone recolor: the compression box freezes at the fire and takes the read's color, keeping the coil's extent visible as the reference range.

With Skip Counter-Trend Fires enabled, a read that fights the higher-timeframe trend is downgraded to ambiguous rather than handed a side.

Squeeze Release Direction Settings

• Squeeze Length (default 20), Bollinger Bands Multiplier (default 2), Keltner Channels Multiplier (default 1.5): the shared trigger geometry; a tighter Keltner multiplier demands deeper compression before a squeeze can fire.
• Source (default close): series feeding the trigger bands and the momentum evidence.
• Momentum Length (default 20): the histogram whose sign supplies the first vote.
• Band Tilt Lookback (default 3): bars over which the basis slope is judged.
• Volume Average Length (default 20) and Volume Expansion Multiplier (default 1.5): the expansion test; without expansion the volume vote stays neutral.
• Higher Timeframe (default D) with EMA Length (default 50): the trend vote.
• Skip Counter-Trend Fires (default off): the bias-overlay mode described above.

Frequently Asked Questions

What does this add over the TTM Squeeze?

The classic TTM Squeeze build reads the release from momentum alone; this engine keeps that cue as one vote among five and grades the result, so disagreement between the cues is visible instead of hidden.

Why is the breakout vote read from the close?

Because a tick beyond a band is exactly the material head fakes are made from. Requiring the close beyond the band turns that vote into a confirmation rather than a reflex.

What are the three alerts?

Bullish, bearish and ambiguous squeeze releases — one per read, each firing on the bar the bands leave the channels.