Identifies compression zones before explosive moves. ATR ratio and volume ratio track building pressure so you can position before the breakout.
Detailed walkthrough of the Coil Detector indicator
Automatically identifies when price action is coiling — tight range with decreasing volatility signaling an impending move.
Compares current ATR to historical ATR to measure volatility compression levels and breakout potential.
Monitors volume patterns during compression to detect accumulation or distribution before price moves.
Visual indicators show coil phase: building, ready, and triggered states for clear trade management.
Quantified coil strength score helps prioritize setups and filter low-probability compression patterns.
Get notified when coil conditions reach optimal levels and when breakout triggers fire.
| Setting | Default | Description |
|---|---|---|
| ATR Period | 14 | Lookback period for ATR calculation |
| Compression Threshold | 0.5 | ATR ratio below which coil is detected |
| Volume Lookback | 20 | Period for volume ratio comparison |
| Min Coil Bars | 5 | Minimum bars in compression to qualify |
| Show Phase Labels | On | Display coil phase status on chart |
| Alert on Ready | On | Trigger alert when coil reaches ready phase |
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