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Mani2101

Volatility Squeeze Region Indicator

Mani2101  
Average True Range (ATR) Bollinger Bands (BB) Keltner Channels (KC) volatality
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averagetruerange bollingerbands keltnerchannels volatality
Volatility Squeeze Indicator conditions based on lowest ATR ,proportion of Bollinger and keltner channel upper and lower bands. Usage to identify and highlight Squeeze region when if indicator value <1 means Squeeze On and >1 means Squeeze off .
Additionally Background Highlights for Daily(Blue), Weekly(Brown) and Monthly(purple) Squeeze regimes for confluence check. For Breakouts and trades use appropriate Price Action and in conjunction other indicators.
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