Investment decisions based on the indicator are risky and should be made at your own risk. This article is intended to provide information about the open source indicator and is not intended to be a specific stock recommendation. It shows the squeeze and release of the market by comparing the band widths of the Bollinger Bands and the Keltner Channel, and measures the momentum using a proprietary formula, allowing you to enter when the squeeze is released and the momentum begins, and exit when the momentum ends. The Squeeze Momentum Indicator is a trading indicator that identifies volatility and momentum. Consider the timing of the entry and exit when checking for this confirmation.įrom Squeeze Momentum Indicator official description on Tradingview There is a possibility that the momentum will reverse in the near future.
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