Squeeze Momentum Pro (Upgraded)

🧠 What It Is:
A volatility compression and momentum ignition indicator derived from the TTM Squeeze concept. It detects when volatility “compresses” (squeeze on) and then expands explosively (squeeze off → release).

⚙️ How It Works:

Uses Bollinger Bands and Keltner Channels:

When BBs are inside KCs → market is “squeezed” (low volatility).

When BBs expand outside KCs → release (high volatility breakout).

Momentum (via linear regression on price vs KC average) shows direction.

Adds acceleration to detect early impulse and a confidence score (correlation-based).

Colors:

🟩 Increasing bullish momentum

🟥 Increasing bearish momentum

⚫ Black → squeeze on

⚫ Gray/Blue → neutral or post-squeeze

Volume filter ensures only meaningful squeezes trigger.

📈 How to Use It:

During “Squeeze On”, prepare.

When squeeze turns off + momentum histogram turns green → Bullish Release.
If red → Bearish Release.

Strong confidence (table shows >70%) = genuine expansion.