Multi Squeeze Indicator
We understand the power of trading with a Squeeze. Price compression leads to price expansion and, as directional options traders, we need to take advantage of those opportunities when they arise. The Multi-Squeeze allows traders to see Squeeze setups on multiple timeframes. These setups can lead to cascades of directional buying or selling, and very quickly being able to see and process this information via the Multi-Squeeze Indicator is one of the strongest signals we trade.
Available On: ThinkorSwim, TradeStation, TradingView
How Do We Use It?
We use the Multi-Squeeze as a snapshot of the timeframes a stock may be in a Squeeze.
The Multi-Squeeze plots in the top left corner of your active chart and dynamically finds Squeeze setups across many timeframes.
Having multiple Squeezes in play increases the probability that a stock will have a price expansion when the Squeezes begin to fire.
The strongest Squeezes happen when there is a long-term Squeeze, such as a weekly or daily, that is backstopped by shorter-term Squeezes such as the 2-hr and hourly.
The Multi-Squeeze shows, at a glance, where the opportunities for rapid price expansion are in the market.