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Squeeze Indicator

The one and only indicator that identifies Volatility Squeeze.

A Squeeze is a compression of volatility in the market.

If this compression of volatility reaches a certain percentage it means that the market could explode in moments.

I highly recommend using the indicator in conjunction with the economic calendar.

If there are important news and the indicator shows a BLUE HISTOGRAM on the exchange in question, a sign of a powerful compression of volatility.
Then get ready to grasp the next movement.

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Version 1.1 2021.06.20
Some BUGS are corrected.
You can now use the indicator in the Backtester.