TradingView BB Squeeze For ThinkOrSwim

mbarcala

mbarcala

Active member
I have this BB Squeeze that I would like to try in TOS. can some one help to convert this to thinkscript please?

if anyone know any link to any BB Squeeze that it can share with me I will appreciate?

Code: 
study(title="Bollinger Bands Squeeze", shorttitle="BB Squeeze", overlay=false)
 
keltPrd=20
keltFactor=1.5
cciPeriod=50
BandsDeviations=2.0
BandsPeriod=20

d=cci(close,cciPeriod)

diff = atr(keltPrd)*keltFactor
std = stdev(close,BandsPeriod)

bbs = BandsDeviations * std / diff
res = bbs < 1 and d>0
res2 = bbs < 1 and d<=0

plot( (res or res2) ? 1 : na, style = histogram, color = black, linewidth =2)
 
Does this work?

Code: 
#study(title="Bollinger Bands Squeeze", shorttitle="BB Squeeze", overlay=false)

declare Lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = lindev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then 1 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);

Or this?
Code: 
declare lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = LinDev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot ZeroLine = 0;
plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then (close - Average(close, cciPeriod)) / d / 0.015 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);
 
Last edited:
Svanoy said:
Does this work?

Code: 
#study(title="Bollinger Bands Squeeze", shorttitle="BB Squeeze", overlay=false)

declare Lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = lindev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then 1 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);

Or this?
Code: 
declare lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = LinDev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot ZeroLine = 0;
plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then (close - Average(close, cciPeriod)) / d / 0.015 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);
Click to expand...
Thank you, both work perfect!
 
Svanoy said:
Does this work?

Code: 
#study(title="Bollinger Bands Squeeze", shorttitle="BB Squeeze", overlay=false)

declare Lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = lindev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then 1 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);

Or this?
Code: 
declare lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = LinDev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot ZeroLine = 0;
plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then (close - Average(close, cciPeriod)) / d / 0.015 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);
Click to expand...

Svanoy said:
Does this work?

Code: 
#study(title="Bollinger Bands Squeeze", shorttitle="BB Squeeze", overlay=false)

declare Lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = lindev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then 1 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);

Or this?
Code: 
declare lower;

def keltPrd = 20;
def keltFactor = 1.5;
def cciPeriod = 50;
def BandsDeviations = 2.0;
def BandsPeriod = 20;

def d = LinDev(close, cciPeriod);
def diff = ATR(keltPrd) * keltFactor;
def std = StDev(close, BandsPeriod);

def bbs = BandsDeviations * std / diff;
def res = if bbs < 1 and d > 0 then yes else Double.NaN;
def res2 = if bbs < 1 and d <= 0 then yes else Double.NaN;

plot ZeroLine = 0;
plot BBSPlot = if !IsNaN(res) or !IsNaN(res2) then (close - Average(close, cciPeriod)) / d / 0.015 else Double.NaN;
BBSPlot.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
BBSPlot.SetDefaultColor(Color.BLACK);
BBSPlot.SetLineWeight(2);
Click to expand...
can you help with a count label that let me know how many days in squeeze and when is not squeeze?
 
This should work for either version.
You can delete the AddChartBubble lines, I was just using them to check logic.

Code: 
def BBSSqueeze = if IsNaN(BBSPlot) then 0 else if !IsNaN(BBSPlot) then BBSSqueeze[1]+1 else BBSSqueeze[1];
def BBSnoSqueeze = if !IsNaN(BBSPlot) then 0 else if IsNaN(BBSPlot) then BBSnoSqueeze[1]+1 else BBSnoSqueeze[1];

#Can remove 2 lines below
AddChartBubble(!IsNaN(BBSPlot), BBSPlot, BBSSqueeze,color.white,yes);
AddChartBubble(IsNaN(BBSPlot), 0, BBSnoSqueeze,color.white,no);
#

AddLabel(yes,"Number of Bars in Squeeze "+BBSSqueeze,color.white);
AddLabel(yes,"Number of Bars without Squeeze "+BBSnoSqueeze,color.white);

BBSP.jpg
 
Last edited:
Svanoy said:
This should work for either version.
You can delete the AddChartBubble lines, I was just using them to check logic.

Code: 
def BBSSqueeze = if IsNaN(BBSPlot) then 0 else if !IsNaN(BBSPlot) then BBSSqueeze[1]+1 else BBSSqueeze[1];
def BBSnoSqueeze = if !IsNaN(BBSPlot) then 0 else if IsNaN(BBSPlot) then BBSnoSqueeze[1]+1 else BBSnoSqueeze[1];

#Can remove 2 lines below
AddChartBubble(!IsNaN(BBSPlot), BBSPlot, BBSSqueeze,color.white,yes);
AddChartBubble(IsNaN(BBSPlot), 0, BBSnoSqueeze,color.white,no);
#

AddLabel(yes,"Number of Bars in Squeeze "+BBSSqueeze,color.white);
AddLabel(yes,"Number of Bars without Squeeze "+BBSnoSqueeze,color.white);

BBSP.jpg
Click to expand...
I create second squeeze compression but for some reason on the label do not display me well the number on about the second compression, can you show me what is wrong counting the second compression?

Code: 
########## BB Squeeze ###########
declare lower;

def lDev = 1.0;
def mDev = 1.5;
def nDev = 2.0;

def ldn = LinDev(close, 50);
def dflv = ATR(20) * mDev;
def dflvl = ATR(20) * lDev;
def std = StDev(close, 20);

def mSq = nDev * std / dflv;
def lSq = mDev * std / dflv;

def res = if mSq < 1 and ldn > 0 or mSq < 1 and ldn <= 0 then 1 else Double.NaN;
def resl = if lSq < 1 and ldn > 0 or lSq < 1 and ldn <= 0 then 1 else Double.NaN;

plot ZeroLine = 0;
zeroLine.SetDefaultColor(Color.GRAY);
zeroLine.SetLineWeight(2);

plot bbSq = if !IsNaN(res) then ZeroLine else Double.NaN;
bbSq.SetPaintingStrategy(PaintingStrategy.POINTS);
bbSq.SetDefaultColor(Color.DARK_ORANGE);
bbSq.SetLineWeight(4);

plot bbSql = if !IsNaN(resl) then ZeroLine else Double.NaN;
bbSql.SetPaintingStrategy(PaintingStrategy.POINTS);
bbSql.SetDefaultColor(Color.BLACK);
bbSql.SetLineWeight(4);

def sqCount = if IsNaN(bbSq) and IsNAN(bbSql) then 0 else if !IsNaN(bbSq) and !IsNaN(bbSql) then sqCount[1] + 1 else sqCount[1];

AddLabel(yes, " Current Squeeze: " + sqCount + " ", Color.YELLOW);
 
Your code works, but only if you are currently in the squeeze you defined.
bbs.jpg


If you wish to see the last squeeze add these two lines of code after the definition of sqCount.
Code: 
def sqCount = if IsNaN(bbSq) and IsNAN(bbSql) then 0 else if !IsNaN(bbSq) and !IsNaN(bbSql) then sqCount[1] + 1 else sqCount[1];
#Added Code
def lastsqCount = if sqCount!=0 then sqCount else lastsqCount[1];
AddLabel(yes, " Last Squeeze: " + lastsqCount + " ", Color.YELLOW);
#
AddLabel(yes, " Current Squeeze: " + sqCount + " ", Color.YELLOW);

bbs2.jpg
 
Svanoy said:
Your code works, but only if you are currently in the squeeze you defined.
bbs.jpg


If you wish to see the last squeeze add these two lines of code after the definition of sqCount.
Code: 
def sqCount = if IsNaN(bbSq) and IsNAN(bbSql) then 0 else if !IsNaN(bbSq) and !IsNaN(bbSql) then sqCount[1] + 1 else sqCount[1];
#Added Code
def lastsqCount = if sqCount!=0 then sqCount else lastsqCount[1];
AddLabel(yes, " Last Squeeze: " + lastsqCount + " ", Color.YELLOW);
#
AddLabel(yes, " Current Squeeze: " + sqCount + " ", Color.YELLOW);

bbs2.jpg
Click to expand...
what I trying to display in my label is that if orange squeeze happen count only orange no black and then if count black just count black and if not on squeeze then 0
 
If you want to count them separately then you have to define them separately.
Code: 
def sqCount1 = if IsNaN(bbSq) then 0 else if !IsNaN(bbSq) then sqCount1[1] + 1 else sqCount1[1];
def sqCount2 = if IsNAN(bbSql) then 0 else if !IsNaN(bbSql) then sqCount2[1] + 1 else sqCount2[1];
AddLabel(yes, " Current Orange Squeeze: "+sqCount1+"| Current Black Squeeze: "+sqCount2, Color.YELLOW);
 
mbarcala said:
I have this BB Squeeze that I would like to try in TOS. can some one help to convert this to thinkscript please?

if anyone know any link to any BB Squeeze that it can share with me I will appreciate?

Code: 
study(title="Bollinger Bands Squeeze", shorttitle="BB Squeeze", overlay=false)
 
keltPrd=20
keltFactor=1.5
cciPeriod=50
BandsDeviations=2.0
BandsPeriod=20

d=cci(close,cciPeriod)

diff = atr(keltPrd)*keltFactor
std = stdev(close,BandsPeriod)

bbs = BandsDeviations * std / diff
res = bbs < 1 and d>0
res2 = bbs < 1 and d<=0

plot( (res or res2) ? 1 : na, style = histogram, color = black, linewidth =2)
Click to expand...
Just use the TTM_Squeeze. It plots the squeeze as red dots and also plots momentum as the histogram.
 
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