# squeeze indicator for the scanner

Questions about MultiCharts and user contributed studies.
Jimmyrakete
Posts: 124
Joined: 04 Jun 2014
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### squeeze indicator for the scanner

Seeking the squeeze indicator for the scanner, ir can help one?

SP
Posts: 455
Joined: 06 Feb 2006
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### Re: squeeze indicator for the scanner

You mean the Keltner and Bollinger Bands Squeeze?

Code: Select all

``` Inputs: Price (Close), Length (20), { Length for Average True Range (ATR) & Std. Deviation (SD) Calcs } nK (1.5), { Keltner Channel ATRs from Average } nBB (2), { Bollinger Band Std. Devs. from Average } AlertLine ( 1); { BBS_Index level at which to issue alerts } Variables: ATR (0), { Average True Range } SDev (0), { Standard Deviation } BBS_Ind (0), { Bollinger Band Squeeze Indicator } Result (0), DoWeHaveSqueeze (false), SqueezeOnBar (currentbar); ATR = AvgTrueRange(Length); SDev = StandardDev(Price, Length, 1); Result = (nK*ATR); If Result<> 0 then BBS_Ind = (nBB * SDev) /Result; if BBS_Ind crosses below AlertLine then begin SqueezeOnBar = CurrentBar ; DoWeHaveSqueeze = true ; end; if BBS_Ind crosses above AlertLine then DoWeHaveSqueeze = false ; if DoWeHaveSqueeze = true then begin if CurrentBar - SqueezeOnBar = 0 then Plot1 ( " !! New Sqeeze !! " ,"Squeeze", black,red) else Plot1 ( " Squeeze valid since : " + numtostr( CurrentBar - SqueezeOnBar , 0 ) + " Bars" , " Squeeze", black,red); end else begin Plot1 ( " No Squeeze " , " Squeeze", black,white); end; ```

robertwh
Posts: 10
Joined: 22 Sep 2012

### Re: squeeze indicator for the scanner

I have Multichart 8 installed in my computer with Microsoft Windows 8.1 and the code doesn't work,
After compilation the Ready Status of the indicator is "NO".
However in Windows 7 it works.

Any help from Multicharts support is appreciated

Any input

Thanks

Andrew MultiCharts
Posts: 1587
Joined: 11 Oct 2011
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### Re: squeeze indicator for the scanner

I have Multichart 8 installed in my computer with Microsoft Windows 8.1 and the code doesn't work,
After compilation the Ready Status of the indicator is "NO".
However in Windows 7 it works.
Hello robertwh,

1. Close MultiCharts and all its parts
2. Make sure all MC processes are ended in Windows Task Manager. Here you can find the list of all MC processes: https://www.multicharts.com/trading-sof ... _Processes
3. Make a right-click on the icon of MultiCharts --> Properties --> Compatibility tab --> Change settings for all users --> Check the “Run this program as an administrator” --> OK --> OK
4. Make a right-click on the icon of QuoteManager --> Properties --> Compatibility tab --> Change settings for all users --> Check the “Run this program as an administrator” --> OK --> OK
5. Make a right-click on the icon of PowerLanguage Editor --> Properties --> Compatibility tab --> Change settings for all users --> Check the “Run this program as an administrator” --> OK --> OK
6. Make a right-click on the icon of Portfolio Trader --> Properties --> Compatibility tab --> Change settings for all users --> Check the “Run this program as an administrator” --> OK --> OK
7. Make a right-click on the icon of 3D Optimization --> Properties --> Compatibility tab --> Change settings for all users --> Check the “Run this program as an administrator” --> OK --> OK
8. Launch the PowerLanguage Editor and compile all studies.
9. The issues should be resolved.

robertwh
Posts: 10
Joined: 22 Sep 2012

### Re: squeeze indicator for the scanner

Hi Andrew:

I did all the procedure you mentioned below, but I had the same issue, Ready status = "NO" for the squeeze indicator.
Very strange situation.

Thanks a lot.

Andrew MultiCharts
Posts: 1587
Joined: 11 Oct 2011
Has thanked: 931 times
Been thanked: 558 times

### Re: squeeze indicator for the scanner

If the issue still persists, please come to our live chat during working hours (6:30 am – 2:45 pm EST) to let our operators connect to your computer remotely and help you: http://messenger.providesupport.com/mes ... pport.html