Most popular indicator in tradingview, Squeeze Momemtum Indicator by LazyBear.
Set up the squeeze Memtum Indicator by LazyBear.
Set all color opacity to 100% to make easier to study
Set the below plot color0's symbol to circles to make easier to study
Set the below plot color1 to deep blue and color2 to light blue to make easier to study
After squeeze released, long or short the stock
- In Public Library section, this indicator is on top position.
- Make some settings modification to make people study this indicator more easily.
- How to use?
- The deep blue circle means stock has low volatility, called squeeze.
- The light blue circle means stock is on a trend.
- After multiple deep blue circles, look for the first light blue circle.
- If the bar on the first light blue circle is green, long. If red, can short it.
- Exit the trade when the bar color becomes deep.
- At the chart, the arrow shows when to enter the trade, and it is a green bar, so means buy the strock.
- Exit the trade when the bar color becomes deep green after several days.
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