Bollinger Squeeze Breakout

//@version=6
// Bollinger Squeeze Breakout — sort.finance. Fills at the signal bar's close, 0.02% fee a side,
// whole account per trade, as the backtest. History and indicator warm-up
// differ from the site's, so expect close to the same trades, not identical.
strategy("Bollinger Squeeze Breakout", overlay=false,
     initial_capital=100, default_qty_type=strategy.percent_of_equity,
     default_qty_value=100, commission_type=strategy.commission.percent,
     commission_value=0.02, process_orders_on_close=true, pyramiding=0)

// The bar the current position opened on, and the bar the last one closed on.
var int entryBar = na
var int exitBar = -1

// ── Signals ──────────────────────────────────────────────────────────────
[middle, upper, lower] = ta.bb(close, 20, 2)
width = (upper - lower) / middle
// A squeeze is band width at its 125-bar low; it counts while it
// was seen in the 5 bars before the breakout.
squeezed = width <= ta.lowest(width, 125)
recentlySqueezed = ta.highest(squeezed ? 1 : 0, 5)[1] == 1
enterNow = recentlySqueezed and close[1] <= upper[1] and close > upper
exitNow = close[1] >= middle[1] and close < middle

// ── Orders ───────────────────────────────────────────────────────────────
// Open on the first bar the entry holds while flat; close on the first
// later bar the exit holds; never reopen on the bar a position closed.
inTrade = strategy.position_size != 0
if inTrade and bar_index > entryBar and exitNow
    strategy.close("Long")
    exitBar := bar_index
else if not inTrade and bar_index > exitBar and enterNow
    strategy.entry("Long", strategy.long)
    entryBar := bar_index

// ── Drawing ──────────────────────────────────────────────────────────────
plot(upper, "Upper Band", color=#8a92a0, force_overlay=true)
plot(middle, "Middle Band", color=#4d8dff, force_overlay=true)
plot(lower, "Lower Band", color=#8a92a0, force_overlay=true)
plot(width * 100, "Band Width %", color=#e0a03a)