OPEN-SOURCE SCRIPT
Squeeze Ping — BB Width Percentile (quiet → expansion) v1.5
Squeeze Ping — BB Width Percentile (quiet → expansion)
One-liner:
Tiny, timing-friendly dots that flag volatility squeezes (quiet regimes) and the first pop out of the squeeze.
What it shows
Aqua dot = Quiet / Squeeze (current Bollinger Band width ranks in the lowest X% of the last N bars).
Pink “EXP” dot = Expansion ping (first bar leaving quiet with width rising).
Info box (optional) on the last bar: percentile, threshold, current state, and whether an expansion ping just fired.
How it works
BB width = (UpperBB − LowerBB) / Basis.
Percentile rank = where today’s width sits vs the last N widths (lower = quieter).
Quiet when percentile ≤ threshold.
Expansion when we exit quiet and width > width[1].
Inputs
BB length / stdev
Percentile lookback (N)
Quiet threshold (e.g., 10–20%)
Show expansion ping
Dot size (tiny/small/normal)
Info box gap + quick help toggle
Alerts
Squeeze ON — entered quiet zone
Squeeze OFF — left quiet zone
Expansion — quiet → expansion with width rising
Tips
Lower thresholds (e.g., 10%) catch deeper, rarer squeezes; higher (e.g., 20–30%) catch more frequent setups.
Works on any timeframe; consider pairing with your trend/regime overlay or key levels for context.
This is a volatility/timing tool, not a buy/sell signal.
One-liner:
Tiny, timing-friendly dots that flag volatility squeezes (quiet regimes) and the first pop out of the squeeze.
What it shows
Aqua dot = Quiet / Squeeze (current Bollinger Band width ranks in the lowest X% of the last N bars).
Pink “EXP” dot = Expansion ping (first bar leaving quiet with width rising).
Info box (optional) on the last bar: percentile, threshold, current state, and whether an expansion ping just fired.
How it works
BB width = (UpperBB − LowerBB) / Basis.
Percentile rank = where today’s width sits vs the last N widths (lower = quieter).
Quiet when percentile ≤ threshold.
Expansion when we exit quiet and width > width[1].
Inputs
BB length / stdev
Percentile lookback (N)
Quiet threshold (e.g., 10–20%)
Show expansion ping
Dot size (tiny/small/normal)
Info box gap + quick help toggle
Alerts
Squeeze ON — entered quiet zone
Squeeze OFF — left quiet zone
Expansion — quiet → expansion with width rising
Tips
Lower thresholds (e.g., 10%) catch deeper, rarer squeezes; higher (e.g., 20–30%) catch more frequent setups.
Works on any timeframe; consider pairing with your trend/regime overlay or key levels for context.
This is a volatility/timing tool, not a buy/sell signal.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.