Spot Price Explosions Instantly with This Powerful NinjaTrader Squeeze Indicator

The market has seen numerous squeeze indicators, many inspired by the legendary TTM Squeeze. Our Phoenix Squeeze for NinjaTrader 8 enhances this concept by leveraging the dynamics of Bollinger Bands and the Keltner Channel in a highly strategic way.

The Keltner Channel remains steady, while Bollinger Bands expand and contract based on Standard Deviation. When Bollinger Bands contract fully within the Keltner Channel, the market enters a squeeze phase—often signaling a period of low volatility and consolidation.

As soon as Bollinger Bands expand beyond the Keltner Channel, the squeeze ends, and the market typically shifts into an explosive phase, as low volatility often precedes high volatility, leading to a strong move in either direction.

Our Phoenix Squeeze embodies this concept perfectly—the phoenix is “trapped” during a squeeze and soars powerfully when the market breaks out with increased momentum.

Key Features of Phoenix Squeeze:

Dynamic Squeeze Plot: Hard-coded at zero, this plot visually represents squeeze conditions with four color variations (instead of just two, as seen in most indicators) to highlight the strength of contraction and expansion.
- Red/Orange → Squeeze phase (low volatility)
- Green/Dark Green → Breakout phase (high volatility)
Momentum Plot for Trend Direction: Unlike the squeeze plot, which only signals volatility shifts, the momentum plot determines the direction of the move.
- Calculated using: Close price, moving average of Close, Donchian channel midline, and a smoothing mechanism.
- Positive Momentum → Bullish trend
- Negative Momentum → Bearish trend

By combining the Squeeze Plot with the Momentum Plot, you gain a complete view of price action—allowing for more confident trading decisions during both consolidation and breakout phases.

Like all our remastered tools, we’ve taken this legendary NinjaTrader squeeze indicator to the next level with powerful enhancements. Here’s what makes Phoenix Squeeze stand out:

✅ Safe Explosion Period – Define how many bars after a squeeze you can confidently trade the breakout. By default, this period is set to 8 bars, as recommended by the original TTM Squeeze author. The indicator highlights this critical phase by colorizing bars and painting the chart background, ensuring you never miss an opportunity.

✅ Contraction & Expansion Ratios – Our squeeze indicator intelligently calculates the strength of contraction and expansion by measuring the ratio between Bollinger Bands width and Keltner Channel width.

Strong Contraction → Red
Weak Contraction → Orange
Weak Expansion → Green
Strong Expansion → Dark Green
This dynamic color-coded Squeeze Plot helps you visually assess market compression and breakout strength at a glance.

✅ Slowdown Signals – When the market is trending, any decline in momentum will trigger a slowdown signal, giving you an early warning of potential trend weakness before price reversals.

✅ Full Customization – Phoenix Squeeze offers maximum flexibility:

Build Bollinger Bands using 11 different moving averages and even apply additional midline smoothing.
Construct Keltner Channel with ninZaATR and 11 MA types, fully independent from Bollinger Bands.
Customize the Momentum Plot with any of the 11 MA types to fine-tune its responsiveness.
Mix & match settings to create the optimal configuration for your instrument and timeframe.

With Phoenix Squeeze, you’re not just identifying squeeze breakouts—you’re trading them with precision, confidence, and deeper insight.

To ensure the NinjaTrader 8 Squeeze Momentum Indicator adapts effectively to your trading timeframe and instrument, fine-tuning is essential. Focus on these critical parameters:

Bollinger Offset (Standard Deviation): Adjusting this value controls the frequency of squeeze conditions. Lowering the offset increases in-squeeze periods, while raising it reduces them. The ideal setting strikes a balance between squeeze and non-squeeze phases for optimal signal clarity.
Momentum Thresholds: Tweaking Threshold Upper & Threshold Lower is crucial for alignment with your trading environment. Narrow thresholds may introduce excessive market noise, while wider thresholds can delay entry signals. Fine-tune these levels to enhance signal accuracy and responsiveness.

Dedicated NinjaScript Signals

Signal_Trend: 2 = uptrend explosive, 1 = uptrend normal, -2 = downtrend explosive, -1 = downtrend normal, 0 = no trend
Signal_Trade: 1 = uptrend explosion, -2 = uptrend slowdown, -1 = downtrend explosion, 2 = downtrend slowdown
Signal_Squeeze: -2 = contraction strong, -1 = contraction weak, 1 = expansion weak, 2 = expansion strong
Signal_Momentum: 2 = positive increase, 1 = positive decrease, -2 = negative increase, -1 = negative decrease