OPEN-SOURCE SCRIPT
Mis à jour VCP + TTM Squeeze Breakout Detection Tool
This open-source script combines two powerful concepts into a single breakout detection tool:
1. **VCP (Volatility Contraction Pattern)**
Based on Mark Minervini’s principle of structured volatility contraction.
The script identifies low ATR environments combined with a strong trend filter using EMA 50, EMA 100, and EMA 200.
A pivot high is fixed using a rolling high from the last X candles.
2. **TTM Squeeze (inspired by Beardy_Fred's Pro version)**
This module compares Bollinger Bands to Keltner Channels.
When the Bollinger Bands fit inside the Keltner Channels, it signals volatility compression.
The script classifies the squeeze intensity into four stages using colored dots:
- **Green:** No squeeze
- **Black:** Light compression
- **Red:** Medium compression
- **Orange:** Strong compression
A linear momentum oscillator adds directional confirmation by plotting aqua bars above price if momentum is positive.
---
### **Signal Logic**
- **Yellow Dots (Setup Potential)**
Appear when VCP criteria are met **and** either momentum is bearish or the squeeze is still active (non-green).
- **Green Dots (Breakout Active)**
Appear only when:
- Price breaks above pivot high
- EMA filter is valid
- Squeeze has resolved (green)
- Volume is higher than the previous bar
- Momentum is positive
Breakout status is removed once volume AND true range drop below their respective short-term averages.
---
### **Visual Elements**
- 3 EMA Lines: EMA 50 (blue), EMA 100 (orange), EMA 200 (red)
- Pivot line (red), based on recent high
- Colored squeeze state (dots at zero line)
- Yellow dots (pre-breakout tension)
- Green dots (confirmed breakout)
- Aqua bars above price (momentum strength)
---
**Note:**
This script is for educational purposes only and does not constitute financial advice.
No alerts included yet. No external dependencies. No embedded advertising.
---
**License**
Portions of the TTM Squeeze code are derived from “Beardy Squeeze Pro” and are used under the terms of the Mozilla Public License 2.0.
mozilla.org/MPL/2.0/
1. **VCP (Volatility Contraction Pattern)**
Based on Mark Minervini’s principle of structured volatility contraction.
The script identifies low ATR environments combined with a strong trend filter using EMA 50, EMA 100, and EMA 200.
A pivot high is fixed using a rolling high from the last X candles.
2. **TTM Squeeze (inspired by Beardy_Fred's Pro version)**
This module compares Bollinger Bands to Keltner Channels.
When the Bollinger Bands fit inside the Keltner Channels, it signals volatility compression.
The script classifies the squeeze intensity into four stages using colored dots:
- **Green:** No squeeze
- **Black:** Light compression
- **Red:** Medium compression
- **Orange:** Strong compression
A linear momentum oscillator adds directional confirmation by plotting aqua bars above price if momentum is positive.
---
### **Signal Logic**
- **Yellow Dots (Setup Potential)**
Appear when VCP criteria are met **and** either momentum is bearish or the squeeze is still active (non-green).
- **Green Dots (Breakout Active)**
Appear only when:
- Price breaks above pivot high
- EMA filter is valid
- Squeeze has resolved (green)
- Volume is higher than the previous bar
- Momentum is positive
Breakout status is removed once volume AND true range drop below their respective short-term averages.
---
### **Visual Elements**
- 3 EMA Lines: EMA 50 (blue), EMA 100 (orange), EMA 200 (red)
- Pivot line (red), based on recent high
- Colored squeeze state (dots at zero line)
- Yellow dots (pre-breakout tension)
- Green dots (confirmed breakout)
- Aqua bars above price (momentum strength)
---
**Note:**
This script is for educational purposes only and does not constitute financial advice.
No alerts included yet. No external dependencies. No embedded advertising.
---
**License**
Portions of the TTM Squeeze code are derived from “Beardy Squeeze Pro” and are used under the terms of the Mozilla Public License 2.0.
mozilla.org/MPL/2.0/
Notes de version
Chart updatedThe chart layout was updated to show only the native signals of this script.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.