Description
Squeeze Momentum Pro V2 is a complete rewrite of the classic TTM Squeeze concept β not a port, but a ground-up redesign that fixes known bugs in the original LazyBear implementation and adds the trading rules John Carter actually teaches but never coded.
The original indicator tells you a squeeze happened. This one tells you what to do about it.
Three Keltner Channel levels (1.0 / 1.5 / 2.0 ATR) replace the binary on/off squeeze with graduated compression detection β High, Mid, and Low β so you can distinguish a spring that's barely loaded from one that's about to snap.
Entry signals follow Carter's actual rules: the squeeze must last at least 5 bars, momentum must be moving in the right direction AND accelerating at the moment of release. Anything less gets flagged as a weak release β visible on chart but clearly marked as low-conviction.
Exit signals trigger only after a valid entry, using Carter's two-consecutive-color-change rule. No phantom exits cluttering your chart during normal trends.
A Higher Timeframe filter calculates squeeze state and momentum direction on M5 through Daily. Signals that go against HTF momentum are blocked entirely β not dimmed, not downgraded, blocked. Aligned signals get quality grades: ALIGNED or STRONG depending on whether HTF momentum is also accelerating.
Every signal type can be toggled independently: Fire Long, Fire Short, Weak Release, Squeeze Start, and Exits each have their own on/off switch.
The dark glass panel shows everything at a glance: current squeeze level with duration counter, momentum direction and acceleration, signal line position, trade state, HTF alignment, and signal quality β updated on every tick.
Built for Gold, Forex, and Indices on M1 to Daily timeframes. All offsets are ATR-based β no fixed pip values, no instrument-specific tuning needed.
Summary
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.
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