TTM SQUEEZE with ALERT by NM

// ######################################################################################
// This script was created because the original TTM Squeeze script
// did trigger when only one of the Bollinger Bands was
// in the Keltner channel. It now gives the option to use it as was
// or to force it to only give a signal when both BB are in the Keltner channels
//
// Furthermore an alert was added to fire when we are squeezing
// no matter which option your choose (original or strict)
//
// To create an alert, click on the alerts in the right column on your screen
// then click on the +button to add an alert.
// Select from the conditions "CTTV Squeeze" and "Once per bar close"
// Keep in mind that you set this alert for one instrument and one particular time frame
//
// If you would have any questions, contact me :
// TradingView : @Nico.Muselle
// ######################################################################################

How to start using this script ?

1. Add this script to your favorites
2. Click on the Indicator-button on the top bar of your chart
3. Click on Favorites and find CTTV TTM

Do also check out my other indicators :

• Percentage change -
  
• Power Moving Average Pro - (use Moving Averages of higher time frames on lower time frame charts) -
  
• Power Moving Average - (use 1 moving average of a higher time frame on the current time frame) -
  
• BitFinex Longs vs. Shorts -
  
• Relative Strength Index Direction -
  
• Reversal Candles -
  
• EMADiff -
  
• Improved Linear Regression Bull and Bear Power v02 -
  
• Improved Linear Regression Bull and Bear Power v01 -
  

PS : Sorry about the messy chart - Bottom indicators show the TTM Squeeze, top one being the original posted here, bottom one being the more strict option.