Get the Squeeze Indicator today
This is our own updated version of a squeeze trading indicator more commonly known as ‘The Squeeze’. It aims to capture breakout moves by using the relationship between the well-known Bollinger Bands and the Keltner Channels.
As soon as the Bollinger Bands breakout of the Keltner Channels, the squeeze fires a trading signal. This is indicated by a bright white dot on the midline. A trade can be taken, in the direction of the momentum, when a white dot is present.
The Squeeze level is plotted as a ‘histogram’, represented by a series of vertical-colored lines. When the momentum fades, along with its color, then the price is pulling back, and it may be time to exit the trade.
The Squeeze trading indicator is a fantastic product, which works great as both a filter and as a standalone tool. You can start using it right now to get the edge of a highly professional trader.
Combine the squeeze with the heiken ashi indicator to create a great trading setup.
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One of my favourite indicators… I have not been able to use it for some time since I moved to eSignal but just found this one, downloaded.. Love it.. Thanks
Jake Urelas (verified owner) –