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Since 07/05/2026
6
Sales
63
Free installs

Description

The biggest moves in any market don't start with a big candle — they start quiet. Price coils into a tight range, volatility contracts, and almost nothing happens for a while. Then it fires. Most traders only notice after the breakout candle is already halfway done, because nothing on their chart flagged the coiling phase in the first place.


Coil Radar is built around that exact gap. It measures Bollinger Band width against a Keltner Channel — when Bollinger squeezes inside Keltner, the market is compressing. The tighter that compression gets, the higher your Coil Tension reading climbs. When price finally breaks out of the squeeze, the indicator flags the release and tells you which direction it fired, using underlying momentum to call it.


**Core features:**

- Bollinger-inside-Keltner squeeze detection — the proven way to identify volatility compression

- Live Coil Tension % reading — 0% means wide open, 100% means maximally compressed and close to firing

- Automatic fire detection the moment the squeeze releases, color-coded bullish or bearish based on momentum

- Three-state visual histogram: coiled (gold), firing (green/red), and open/no compression (grey) — so you can tell at a glance whether you're watching, waiting, or already too late

- On-chart dashboard showing current state, tension %, and momentum reading

- Fully configurable Bollinger and Keltner periods, multipliers, and momentum lookback


This isn't a trend or reversal tool — it's an early-warning system for the quiet phase before volatility expands. Use it to know when to start paying attention, before the move that everyone else only notices once it's already underway.




Summary

AI summary
Coil Radar is a volatility indicator designed to detect market compression phases before significant price moves occur. It identifies periods when Bollinger Bands contract inside Keltner Channels, signaling a volatility squeeze. The indicator provides a live Coil Tension percentage, ranging from 0% (low compression) to 100% (maximum compression), indicating how close the market is to a breakout. Upon release of the squeeze, Coil Radar automatically detects the breakout direction—bullish or bearish—based on momentum analysis. It features a three-state visual histogram with color codes: gold for coiled (compressed), green/red for firing (breakout), and grey for open (no compression). An on-chart dashboard displays the current state, tension percentage, and momentum reading. Users can fully customize Bollinger and Keltner parameters, including periods, multipliers, and momentum lookback settings. This tool serves as an early-warning system for the quiet phase preceding volatility expansion, helping traders anticipate major moves before traditional breakout signals appear.
Indicator profile

Discussion

Customer reviews

4.5
Reviews: 2
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Customer reviews
October 24, 2026
Bollinger and Keltner compression gets an understandable 0% to 100% tension reading, with momentum describing the release rather than treating that percentage as breakout odds or an expected travel distance.
October 3, 2026
Compression gets its own 0% to 100% tension reading when Bollinger Bands sit inside Keltner Channels, making the squeeze easy to inspect while momentum describes the release rather than the percentage predicting its odds or distance.

FAQ

Bollinger Bands
Premium/Discount
Drawdown Monitor
Keltner Channels
AI-assisted
Volume
Channel
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Price

Since 07/05/2026
6
Sales
63
Free installs