This cTrader indicator implements the popular Squeeze Momentum strategy, designed to identify low-volatility consolidation periods and potential breakout opportunities.

How It Works:

• Compares Bollinger Bands against Keltner Channels to detect volatility "squeeze" conditions
• Measures momentum strength using linear regression calculations
• Provides clear visual signals through color-coded histograms and dynamic zero lines

Key Features:
🎯 Squeeze Detection - Identifies when Bollinger Bands move inside Keltner Channels (squeeze) and when they expand (breakout)

📊 Momentum Measurement - Histogram displays current momentum strength and direction

🎨 Visual Signals:

• Lime/Green bars: Bullish momentum (strengthening/weakening)
• Red/Maroon bars: Bearish momentum (strengthening/weakening)
• Blue/Black/Gray zero line: No squeeze/Squeeze active/Squeeze releasing

Customizable Parameters:

• BB Length & Multiplier
• KC Length & Multiplier
• TrueRange option for Keltner Channel calculation

Perfect For:

• Spotting consolidation breakouts
• Timing entries during low volatility periods
• Confirming momentum direction
• Swing trading and position trading