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QuaScript

Compression Release

NewFree

Ranked compression release with regression thrust

StrategiesPrice overlay CanvasDashboardSignals
quascriptstrategiesstrategyvolatilitycompressionbreakout

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Language
QuaScript
Engine
Native C++, incremental on live ticks
Rendering
Canvas
Placement
Price overlay
Settings
7
Plots
3
Lines of code
58
Source
presets/strategy/compression_release.qs
Compression Releaseengine result
Loading the engine result…
quatick-charts · QuaScript engine on synthetic 1-minute bars · drag to pan · scroll to zoom · Run executes the script on the engine (⌘/Ctrl+Enter while editing)

About

Trades the expansion that follows a ranked volatility compression. Compression is the mean of two percentile ranks (Bollinger width and short-term range against ATR); a release is the first bar the score leaves the compressed zone, and the side comes from the slope of a short regression measured in ATR per bar, so only directional releases are traded. Entry: compression release with thrust beyond the threshold. Exit: stop at the compression range's far side, target `reward` R, trailing after 1R, time stop. Risk: 1 % per trade.

3
Plotted series
2
Signal marks
1
Drawings
0
Alert rules
7
Settings
50
Lines of code

What it draws

Price overlay · counted from the engine's plot table and the script's draw calls

Series

  • Line2 visible · 1 helper
    Range highRange low
  • Band fills (render.band calls)1
Legend
Range high Range low

Signal marks

Release upRelease down

Drawings and chart effects

  • Dashboard tables1 created

How it runs

From source to the live chart, for this script

  1. 1
    Compile

    The QuaScript compiler checks the 58-line script (50 lines of code) and lowers it for the native C++ engine. Compile errors point at the exact line and column.

  2. 2
    Place

    The header sets overlay = true, so everything is drawn on the price chart, on the same scale as the candles.

  3. 3
    Compute

    The script runs once per bar, oldest to newest. 1 persist variable keeps state (objects, counters) across bars.

  4. 4
    Stay live

    On the terminal the script keeps one live engine session: a tick rolls the forming bar back to its checkpoint and re-executes only that bar, and new bars are appended, so history is never rerun while the market moves. The live result is identical to a full run.

  5. 5
    Render

    The results are handed to the chart: series on Canvas.

  6. 6
    Tune

    7 settings in 3 groups appear in the chart's settings dialog. Changing one reruns the engine with the new value.

Rendering

This script draws on Canvas

WebGPUNot used

The browser's modern GPU API. The chart uploads every line, band and mark of the script as GPU buffers and draws them in one pass, so dense heatmaps and dozens of series stay smooth while you pan and zoom. Without WebGPU support the chart's GPU layer falls back to WebGL 2, then Canvas 2D.

WebGLNot used

GPU drawing through WebGL 2, available in every current browser. Used for chart-native profiles and for series that ask for it with backend = "webgl". Fast for large numbers of bars and wide fills.

CanvasSeries renderer

The browser's 2D drawing API. Text-heavy and object-style output (dashboard tables, zones, tags, segments), candle colors and backgrounds are painted by the QuaScript layer, a Canvas 2D surface over the chart. Series use Canvas when the script's header does not ask for a GPU.

In this script
  • • 3 plotted series
  • • 1 band fill call
  • • 2 signal mark types
  • • 1 dashboard tables (QuaScript layer)

Settings

7 settings, grouped as in the chart's settings dialog

Compression
SettingTypeDefaultRange / optionsId
Width lengthInteger205 – 200width_length
Rank windowInteger25050 – 2000rank_window
Compressed aboveNumber8050 – 99compressed_above
Thrust
SettingTypeDefaultRange / optionsId
Thrust lengthInteger123 – 100thrust_length
Release thrust (ATR / bar)Number0.080 – 1, step 0.01release_thrust_atr_bar
Risk
SettingTypeDefaultRange / optionsId
Target (R)Number2.50.5 – 10, step 0.1target_r
Maximum bars heldInteger602 – 1000maximum_bars_held

Script

packages/quascript/presets/strategy/compression_release.qs

Header

strategy "Compression Release" {
    overlay = true
    capital = 100000
    commission = 0.05
    slippage = 1
    sizing = risk_percent
    max_leverage = 1
    size = 1
    pyramiding = 1
}
Total lines
58
Code lines
50
Comment lines
7
Helper functions
0
Loops
0
Persistent variables
1
Higher-interval feeds
0
Engine plots
3

Built with

Technical analysis (ta.*)
ta.atrta.bollinger_widthta.highestta.lowestta.smata.true_range
Statistics (stat.*)
stat.linregstat.percent_rank
Math (math.*)
math.max
Imported modules
viz/premium

Discussion

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