# Squeeze Momentum Indicator Review & Score | NextCandle

[All indicators](https://nextcandle.trade/) / Squeeze Momentum Indicator

## Squeeze Momentum Indicator
review & score
By [NK2](https://nextcandle.trade/about/#nk2) · checked 2026-11-03
Free open-source · Volatility / momentum · by LazyBear

[80](https://nextcandle.trade/methodology/) Provisional out of 100
Last reviewed 2026-11-03 · Updated 2026-11-03: pros, cons and verdict re-sourced

Risk warning: Trading involves substantial risk of loss. Past or backtested performance does not guarantee future results. Scores rate the product, not trade outcomes. [Risk disclaimer](https://nextcandle.trade/risk-disclaimer/)
Best forBreakout traders who watch for Bollinger Bands squeezing inside Keltner Channels and want the classic open-source version.
[View Squeeze Momentum Indicator script](https://nextcandle.trade/go/squeeze-momentum)

- Price: Free ([source](https://www.tradingview.com/u/LazyBear/))
- Platforms: TradingView
- Source code: Open source
- Repaint status: No repaint risk found in source (source-code review, not a live bar-replay test, 2026-11-03)

## Repaint check
Code review of the published script (40 lines): no request.security(), no lookahead, no barstate logic, no pivots and no plot offsets. Values on closed bars are final; the open bar updates until close, which TradingView calls normal realtime behaviour. ([source](https://www.tradingview.com/script/nqQ1DT5a-Squeeze-Momentum-Indicator-LazyBear/))

## Score breakdown

Factor | Points | Max | 
Repaint risk (code review done, live test pending) | 22 | / 25 | 
Source transparency | 20 | / 20 | 
Price value | 15 | / 15 | 
Backtest / claim honesty | 10 | / 15 | 
Vendor transparency | 8 | / 15 | 
Platform reach + alerts | 5 | / 10 | 
See the [methodology](https://nextcandle.trade/methodology/). Code review done, live test pending.

## Pros and cons

Pros
- 40 lines of open code with no request.security(), no lookahead and no plotting into the past (our code review)
- Squeeze on/off dots on the zero line plus a momentum histogram
Cons
- The "BB MultFactor" input does nothing: line 17 uses the KC multiplier (1.5) for the Bollinger deviation
- Old Pine v1 code with no alert conditions
- The open bar's histogram value changes until the bar closes
From the script’s public page and our code review (source). Not from trading tests.
Runs on TradingView: [open TradingView](https://nextcandle.trade/go/tradingview).
TradingView link is an affiliate link: we may earn a commission at no cost to you. It never changes the score.

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## Similar
- WaveTrend Oscillator (80)
- Machine Learning: Lorentzian Classification (75)
- SuperTrend (75)
