BUY SELL SIGNALS !!!
SQUEEZE MOMENTUM SHORT EXPLANATION
WHITE crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies LOW volatility , market preparing itself for an explosive move (up or down). ORANGE crosses signify "Squeeze release".
Wait till the first gray after a WHITE cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change).
SQUEEZE MOMENTUM SHORT EXPLANATION
WHITE crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies LOW volatility , market preparing itself for an explosive move (up or down). ORANGE crosses signify "Squeeze release".
Wait till the first gray after a WHITE cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes (increase or decrease --- signified by a color change).
Note
WAIT FOR BOTH BUY/SELL SIGNALS FROM 2 INDICATORS TO APPEAR THEN CONSIDER SQZMOM !!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.