When the Bollinger Bands cross inside the Keltner Channels this indicates a quiet period in the market AKA “it’s in a squeeze” and when the “squeeze fires” this means the Bollinger Bands have crossed outside of the Keltner Channels and price is moving.
The oscillator is a momentum indicator identifying which direction the squeeze has fired. If a squeeze “loses momentum” that means the move is over.
Again, the indicators that embody the Squeeze is available for free on all trading platforms, BUT if you don’t want to go cross eyed looking at all the squiggle lines and want an easy to use visual representation then pick up the Squeeze for your trading platform today.
@Delly27, Yeah..but the 3rd party ones don't work....mind you, standard Bollinger bands and Keltner Channels work just fine.....started looking at this after reading John Carter's book and to be honest, you don't really need 'the squeeze' to know when to hit a momentum break out trade...better served at looking at things like market structure, and using RSI to verify structure integrity, which I end up doing anyhow in order to choose the good squeeze signals from the bad signals (i.e. I only take squeeze trades if they agree with my pre-existing setup parameters)......cos like any indicator, the raw signals it generates have around a 20% success rate, and what good is that?
EduarEscobar
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Please can i try your indicator, thanks in advanced...
noideaihave
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Are you suggesting a further drop or the beginning or a rise?
n0ct3rn071
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Thank you for the access! I love the squeeze!
vlad1901
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can i get access to the indicator. thanks
Beejinator
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Hello, can I please have premission granted to use this indicator?