![]() What is a Squeeze A squeeze occurs when Bollinger Bands tighten up enough to slip inside of Keltner Channels. The Momentum is what is displayed on the indicator as a histogram, its purpose is obvious (to show momentum). Also, Mr.Carter uses simple momentum indicator, while I have used a different method (linreg based) to plot the histogram. The Squeeze Momentum Indicator Lazybear (SQZMOM) is a technical analysis tool used to identify potential changes in a security’s price momentum. The 'Momentum' in this indicator is smoothed out using linear regression. My (limited) experience with this shows, an additional indicator like ADX / WaveTrend, is needed to not miss good entry points. Exit the position when the momentum changes (increase or decrease - signified by a color change). Mr.Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). ![]() MTF version of the popular squeeze momentum indicator, created and shared by Lazy Bear. Oscillators Volatility Trend Analysis lazybear squeezemomentum multi-timeframe alerts. This signifies low volatility, market preparing itself for an explosive move (up or down). Squeeze Momentum Indicator LazyBear For the Tradingview Platform This is a derivative of John Carter's 'TTM Squeeze' volatility indicator, as discussed in his book 'Mastering the Trade' (chapter 11). manomanomano Premium Updated May 10, 2021. This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).īlack crosses on the midline show that the market just entered a squeeze (Bollinger Bands are with in Keltner Channel). Use the updated source instead of the what TV shows below. If a big number of market buys or sells cannot move. The volatility component of the TTM Squeeze indicator measures price compression using Bollinger. Fixed a typo in the code where BB multiplier was stuck at 1.5. This indicator allows correlating the price movement and aggression of traders that work with market orders. TTM Squeeze is a volatility and momentum indicator introduced by John Carter of Trade the Markets (now Simpler Trading), which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range.
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