Strategy using TTM Squeeze

Ok, based on the clarification I will show the code required to build the strategy based solely on the histogram of the TTM Squeeze. Please note that the original request was to enter and exit on the close of the signal bars. This may be possible to do in live trading. But on a historical chart we must execute at the open of the bar that follows the signal bar. This is because we must be sure to wait until the close of the bar to ensure the signal was valid. And someone may take this code and run it on a live 5 min chart. If we tried to execute on the signal bar during a live intraday chart, you would get signals that repainted as signals appeared and vanished. Hope I explained this well enough. Drop me a not in the comments section if you have questions.

So the code is pretty simple (as far as Strategies go). Here is the code, followed by a screenshot showing the theoretical orders plotted on the chart.

input tradeSize = 100;
input price = CLOSE;
input length = 20;
input nK = 1.5;
input nBB = 2.0;
input alertLine = 1.0;
def hist = TTM_Squeeze(price, length, nK, nBB, alertLine).Histogram;
def crossesAbove = hist[1] < 0 and hist > 0;
def crossesBelow = hist[1] > 0 and hist < 0;
def secondBlueBar = hist[3] < hist[2] and hist[2] > hist[1] and hist[1] > hist;
def secondYellowBar = hist[3] > hist[2] and hist[2] < hist[1] and hist[1] < hist;
AddOrder(OrderType.BUY_TO_OPEN, crossesAbove, open[-1], tradeSize, Color.CYAN, Color.CYAN, "Opening Long $" + open[-1]);
AddOrder(OrderType.SELL_TO_CLOSE, secondBlueBar, open[-1], tradeSize, Color.MAGENTA, Color.MAGENTA, "Closing Long $" + open[-1]);
AddOrder(OrderType.SELL_TO_OPEN, crossesBelow, open[-1], tradeSize, Color.RED, Color.RED, "Opening Short $" + open[-1]);
AddOrder(OrderType.BUY_TO_CLOSE, secondYellowBar, open[-1], tradeSize, Color.GREEN, Color.GREEN, "Closing Short $" + open[-1]);