Simplertrading – The Squeeze For TradeStation
Archive page: http://archive.is/gBL5t
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.