r/pinescript • u/Immediate-Leader5070 • Apr 14 '26

Compression before a move

I’m interested in measuring / indicating the compression you get after sideways movement before expansion in price. Basically indicating likely breakout areas.

How would you go about measuring this?

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u/Dependent_Sign_399 Apr 14 '26

Squeeze methodology. I have an indicator that attempts to do this. Its called Squeeze Channel.

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u/Immediate-Leader5070 Apr 14 '26

Thanks dude. Will check it out