ACE Squeeze

ACE Squeeze - Advanced Momentum Oscillator with Squeeze Detection

WHAT IT DOES

This is my take on a squeeze momentum indicator that I've been refining over time. At its core, it detects periods when volatility contracts (the squeeze) and measures momentum direction when the market breaks out. Think of it like a coiled spring - when price compresses into a tight range, it often leads to explosive moves once it breaks free.
The indicator plots a histogram oscillator that ranges from -100 to +100, with several visual elements to help you gauge signal strength and market conditions.
KEY FEATURES

Market Regime Detection - The indicator automatically adjusts its sensitivity based on whether the market is trending, ranging, choppy, or volatile. This helps reduce false signals in different market environments.

Hilbert Transform - Uses advanced cycle detection to identify the dominant market rhythm. You can toggle this on/off if you prefer the simpler calculation method.

Volume Analysis - Incorporates volume delta and footprint analysis to confirm momentum signals. Strong moves with volume confirmation get priority.

Statistical Filtering - Filters out low-quality signals by analyzing signal persistence and deviation from the mean. This helps focus on the high-probability setups.

Visual Enhancements - Three-tier glow system shows building momentum, heat maps at extreme levels, and cycle phase indicator to track market rhythm.

HOW TO USE IT

The Squeeze - When you see the purple background, that's a squeeze condition. The market is compressing and building energy. Wait for the squeeze to release (background disappears) and watch which direction the histogram breaks.
Histogram Direction - Green bars mean bullish momentum, red bars mean bearish momentum. The stronger the color and the larger the glow effect, the stronger the signal.
Zero Line - Think of this as the battleground. When the histogram crosses above zero with strong momentum, that's a buy signal. When it crosses below with conviction, that's a sell signal.

Extreme Levels - The +90/-90 zones are overbought/oversold areas. The heat map bands intensify as the signal reaches these extremes, warning you that a reversal or consolidation might be coming.

Signal Quality - The indicator has built-in quality filtering. The alerts are set to only fire when signal quality is high (above 70-80%), which helps avoid the junk trades.

BEST PRACTICES

Don't trade every signal. Wait for the high-quality setups where multiple factors align - squeeze release, strong momentum, volume confirmation, and good signal quality.
Use higher timeframes for confirmation. A squeeze on the 1-hour chart hitting at the same time as the daily chart is much more powerful than isolated signals.

Pay attention to the cycle phase line. When momentum aligns with the cycle direction, the move tends to have more follow-through.

The glow effects are your friend. When you see the tier 3 extreme glow, the market is really moving - consider trailing stops or scaling out.

PROS
Highly customizable - You can adjust almost everything from sensitivity to visual appearance.
Multi-faceted analysis - Combines volatility, momentum, volume, and cycle analysis in one indicator.

Smart filtering - The regime detection and statistical filtering help adapt to different market conditions.

Visual clarity - The glow effects and color gradients make it easy to see signal strength at a glance.

Good alert system - Alerts are filtered for quality, so you're not getting pinged on every minor wiggle.

CONS
Can be complex for beginners - There are a lot of settings and concepts to understand. Start with defaults and adjust gradually.

Lags on fast markets - Like any indicator, it's based on past data. In extremely fast-moving markets, you might get late entries.

Works best in volatile markets - In super tight, low-volatility ranges, you might see fewer signals. That's by design, but it means patience is required.

Computational load - With all the enhancements turned on, it's doing a lot of calculations. On lower-end devices, you might notice some lag.

Not a holy grail - No indicator is. This is a tool to help you make better decisions, not a replacement for proper risk management and trading discipline.

SETTINGS BREAKDOWN
Core Settings - Adjust the base cycle length (10 is good for most timeframes) and sensitivity (0.65 is balanced, lower for fewer signals, higher for more).

Enhancement Settings - Toggle the advanced features. If you're getting too many signals, try turning off RRED. If you want cleaner signals, keep statistical filtering on.

Visual Settings - Customize the appearance. The glow effects look cool but you can disable them if you prefer a cleaner chart.

Elite Settings - Market regime detection is powerful but you can disable it if you want consistent behavior across all market conditions.

TIPS FROM MY TESTING
The indicator shines best on the 15-minute to 4-hour timeframes. It works on lower timeframes but expect more noise.

Use it alongside support/resistance or supply/demand zones. When a squeeze fires near a key level, the probability increases significantly.

Don't ignore the small signals in trending markets. Sometimes the modest +30 to +40 readings in a strong uptrend are your best continuation entries.

The squeeze can last longer than you expect. Don't try to predict when it will fire - let the indicator tell you.

This indicator represents a lot of testing and refinement. It's not perfect, but it's been useful in my trading. I hope it helps you spot better setups and avoid some of the false signals that plague simpler momentum indicators.