How Do We Use It?
This is an important indicator because a Squeeze can be a harbinger of a major directional move to come. This gives us an edge when trading stocks, options, or futures and we like to focus on these setups.
The Squeeze is building when you see red dots on the indicator and a “Squeeze fire” happens when a green dot follows a series of red dots.
Squeezes happen on all timeframes, and the best setups have multiple Squeezes on multiple timeframes.