CalmFx Squeeze Ranker MT5
- Indicators
-
Callum Gunn
CalmFx - calm, clear trading tools for MetaTrader 5.
I build and support the CalmFx toolkit: on-chart panels, multi-symbol scanners and indicators designed to work side by side on the same charts, on any symbol and any screen size, from a laptop to a 40-inch TV.
CalmFx on the Market: - Version: 1.10
- Activations: 10
A volatility squeeze is when the Bollinger Bands contract inside the Keltner Channel. Price is coiling, and the release that follows is often a strong move. Finding squeezes by hand across dozens of charts and timeframes is slow. CalmFx Squeeze Ranker scans your symbol list, or your whole Market Watch filtered by asset class, from a single chart and scores every market from 0 to 100, with the tightest coils at the top.
How the score works
- Compression: how deep the Bollinger Bands sit inside the Keltner Channel.
- Momentum: ATR-scaled momentum, so a quiet currency pair and a volatile index can be compared fairly.
- Volume: tick volume compared with its own average.
- Persistence: how many bars the market has been coiling.
You can change the weight of each part on the panel while it runs. The table re-sorts straight away.
The table
- Score, change in score, direction, each part of the score, spread, and state (Coiling, Fired or Expanded).
- A sparkline of the recent score.
- Timeframe blocks, M15, H1, H4 and D1 by default, coloured by how tight the squeeze is on each, plus an alignment count.
- A session strip for Sydney, Tokyo, London and New York with overlaps, adjusted for daylight saving.
- Currency bias, and a marker on symbols that share a currency.
- A countdown to the next high-impact news for each symbol's currencies, from the MetaTrader economic calendar.
- Click a row to open that symbol on the chart. Pin favourites, sort by any column, and export the table to CSV.
Squeeze histogram
The indicator adds a momentum histogram below the chart, with squeeze dots that get darker as the coil tightens and a short readout of the score parts. It uses the same weights as the table, so both always show the same number. It can be switched off in the inputs.
Alerts
- An alert when a squeeze releases above your minimum score, and optionally when a score crosses a level you choose.
- Pop-up, sound, push notification and email. Push notifications that arrive together are combined into one message.
- Alerts can be limited to chosen sessions and paused around news. Each symbol has a cooldown.
- The first reading after loading is never treated as a new release, so adding the indicator does not set off a burst of alerts.
- Optionally opens a chart with your template when a release happens.
Notes
- The indicator does not open, change or close trades.
- No DLLs and no web requests are used.
- Each symbol uses a small number of indicator handles. For very large scans, use the symbol limit and the asset-class filters.
- In the Strategy Tester only the tested symbol has price history, so the table shows that symbol only. The news column needs the live calendar.
Part of the CalmFx toolkit
CalmFx makes calm, clear tools for MetaTrader 5, built to work side by side on the same charts:
- CalmFx Trading Panel MT5: one-click orders, take-profit tiles, trailing stop, hedge button, sessions, multi-timeframe trend and the economic calendar.
- Daily Dipper Skipper RSI Scanner: multi-symbol, multi-timeframe RSI dip and rip dashboard with alerts.
- CalmFx Squeeze Ranker MT5: ranks your watchlist by volatility squeeze, with a matching histogram and release alerts.
Questions or ideas? Leave a comment on this page and I will reply.
