About – Squeeze Pro Radar in TradeStation
Monitor and identity low, mid, and high compression squeeze setups for multiple tickers with the ST Squeeze Radar for Tradestation!
Squeeze Pro for Radar Screen
Note: Squeeze Pro Radar and Squeeze Pro are sold separately.
Squeeze Pro for Radar Screen is a study for the Tradestation Radar Screen app and shows the current status of the Squeeze Pro indicator for user-defined tickers and time frames.
In other words, see at a glance what the Squeeze Pro is doing on the current candle/bar for multiple tickers and/or time frames.
Applying the Squeeze Pro indicator to the Radar Screen app will not produce the desired results. The separate Squeeze Pro for Radar Screen study is required.
Reading the Squeeze Radar
It is important to understand that a high compression squeeze contains all three squeeze types (black/grey-low, red-mid, orange-high), whereas a low compression squeeze is just a low compression squeeze. See About – Squeeze Pro under related links below for more.
In the below image, the Squeeze Radar is showing the state of all three types of squeezes for the current dot on the Squeeze Pro study.
For the current candle / bar on this chart, the Squeeze Pro shows a red dot (furthest dot to the right).
In the below image, the Squeeze Pro Radar shows there is:
- An active low compression squeeze for the last 24 dots.
- An active mid compression squeeze for the last 6 candles / dots.
- A high compression squeeze fired 1 dot ago.
If the current dot on the Squeeze Pro was black/grey, then the Squeeze Pro Radar Mid and High Squeezes would be green for Fired, and the Low would still be black/grey denoting there was still a low compression squeeze active.
If the current dot on the Squeeze Pro was green, then all three squeeze types in the Squeeze Pro Radar would be green for Fired.