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.
