Squeeze Momentum Pro V2 is an advanced trading indicator that redesigns the classic TTM Squeeze concept with enhanced functionality. It detects market compression using three Keltner Channel levels (1.0, 1.5, and 2.0 ATR) to identify high, mid, and low squeeze states, providing a graduated view of market pressure rather than a simple on/off signal. The indicator incorporates John Carter’s original entry and exit rules: entries require a squeeze lasting at least five bars with accelerating momentum in the intended direction, while exits follow a two-consecutive-color-change rule to avoid false signals.
A higher timeframe filter analyzes squeeze and momentum from 5-minute to daily charts, blocking signals that conflict with broader trends and grading aligned signals as ALIGNED or STRONG based on momentum acceleration. Users can toggle individual signal types, including long/short entries, weak releases, squeeze starts, and exits. The interface features a dark glass panel displaying real-time squeeze level, momentum direction and acceleration, signal quality, and trade state.
Designed for Gold, Forex, and Indices across M1 to Daily timeframes, the indicator uses ATR-based offsets for adaptability without instrument-specific tuning. Supported markets include BTCUSD, EURUSD, USDJPY, XAUUSD, NAS100, and various commodities and indices.