Market Squeeze Bang
Unfortunately this indicator is no
longer available, but you may find Bollinger Bands Squeeze Histogram an interesting alternative!
Description
- This discretionary trading system identifies momentum direction and low volatility narrow range periods.
- Uses visual alerts and sounds to provide Entry and Exit signals for break out trades.
- Marks momentum directional trade signals to enter a break out of a period of narrow range low volatility.
- Based on John F Carters Squeeze.
Overview
- Marks directional trade signals to enter a break out of a period of narrow range low volatility.
- Ideal for currency pairs and high volume markets.
- Exit is only suggested based on exit and entry at next squeeze or failing momentum of the move and/or time based -
- Optional time based stops exits
- Discretion required - look at the overall trend and standard deviation from the moving Average -
- Support and resistance and pivot points entries, may help in signal fading
Features
- Offers ©Visual Back testing and On Chart Indicative Stats
- Audible and graphical Entry signals.
- Alerts
- Sounds - Alarms
- Indicative Stats
- Multi Target/ Exit Strategies
Parameters
- 100% configurable parameters
- 3 Target Modes - Momentum, Time Based, Squeeze
- Stop Modes - Squeeze exit, time and time based stop
- Alerts sounds and graphichs
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