Momentum = average price – mid-price between the highest and lowest prices Momentum is an indicator of price movement the squeeze indicator calculates momentum from the difference between the average price and the high/low price. If Squeeze On holds, it indicates that the market is entering a period of quiet compression. The formula is as follows.īollinger band width (BBWidth) = upperBB - lowerBB Bollinger band width (KCWidth) = upperKC - lowerKC Squeeze On judge = BBWidth KCWidth The Squeeze Indicator is calculated through a comparison of the bandwidths of the Bollinger Bands and the Keltner Channel. If you just want to use the indicator, you can skip this section. This section briefly explains how the indicator is calculated. It is based on John Carter’s volatility indicator “TTM Squeeze”, which is presented in his book “Mastering the Trade” (Chapter 11). It was created by LazyBear at TradingView and is very popular. The Squeeze Momentum Indicator is an investment indicator that shows cyclical compressions and releases in price fluctuations, providing a preview of active market movements. In the investment world, it can also refer to the timing of buying or selling shares to make a profit.

In business, it can describe a time when borrowing becomes more difficult or profits fall. The term ‘squeeze’ is used in financial and business contexts to refer to a situation, usually involving market pressures.

Squeeze momentum indicator lazybear