Haystack Indicator Bundle
The Haystack Bundle consists of the Multi-Squeeze, Top Hat, and Power Correlations Indicators. When the indicators in the Haystack Bundle are combined they provide a unique look at three essential parts of every trade.
The Multi-Squeeze shows hidden Squeezes across multiple timeframes.
The Top Hat Indicator shows potential swing highs or lows based on volatility calculations.
Power Correlations show just how your positions relate to overall index and sector risk.
Combining the three gives us: directional anticipation, turning points in price, and market risk correlations… essential information to understand for successful trading.
How Do We Use It?
The Haystack Bundle, right out of the box, gives us three critical pieces of information for every trade.
The Multi-Squeeze tells us what timeframes are showing price compression. Price compressions lead to price expansions, especially when multiple timeframes show a squeeze. These are some of the most directionally powerful trades.
Top Hats tell us when a stock is getting statistically overheated or oversold, these times precede swing highs and lows.
Power Correlations show us, at a glance, the often underappreciated correlation between overall market risk and risk to our trade.