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?

Why is the breakout vote read from the close?

What are the three alerts?