About – Squeeze Pro Signals
Squeeze Pro Companion Study
- “Buy” and “sell” arrows indicate momentum direction, and the triggered state of squeeze a specified number of bars back.
- Arrows indicate direction of momentum and likely direction of move if a breakout of a squeeze occurs. Arrow correspond to dots on the Squeeze Pro Study histogram.
Red Arrow if red Squeeze dot.
Black arrow if black Squeeze dot.
Orange Arrow if orange Squeeze dot.
- Buy / Sell signals are a complementary study to Squeeze pro.
- The number of Trigger bars set in this indicator’s settings defines how many bars back there was a change in the state of the squeeze and the type of Squeeze at the time.
![](https://downloads.intercomcdn.com/i/o/188350935/e90a8b9461f03d3268bbb2bc/image.png)
What do the arrows indicate?
- How many bars/candles ago there was a change in the state of the squeeze (including the current bar)
- Up arrows indicate momentum is above the histogram. Down arrows indicate momentum is short.
- Color of arrow indicates the state of the squeeze at the time of the change as defined in Custom settings > Inputs > Trigger Bars.
![](https://downloads.intercomcdn.com/i/o/188350539/12d375247b3468ccfdaede9a/image.png)
See the Squeeze Pro Signal Arrows example in below screenshot.
The input setting for trigger bars in this example is set to 3. Normally the default is 6.
![](https://downloads.intercomcdn.com/i/o/188346719/cdd135d3baa071a4966b3ee3/image.png)
1 – Orange (High Compression) Squeeze
- Arrow indicates there was a change in the state of the squeeze 3 trigger bars back (including current bar).
- Arrow points down indicating momentum is below the zero line on the histogram
- Arrow is orange indicating that, at the time of the change, the state of the Squeeze was a high compression Squeeze.
2 – Black (Low Compression) Squeeze
- Arrow indicates there was a change in the state of the squeeze 3 trigger bars back (including current bar).
- Arrow points down indicating momentum is below the zero line on the histogram
- Arrow is black indicating that, at the time of the change, the state of the Squeeze was a low compression Squeeze.
3 – Red (Mid Compression) Squeeze
- Arrow indicates there was a change in the state of the squeeze 3 trigger bars back (including current bar).
- Arrow points down indicating momentum is below the zero line on the histogram
- Arrow is red indicating that, at the time of the change, the state of the Squeeze was a mid compression Squeeze.
Indicator settings for above example:
![](https://downloads.intercomcdn.com/i/o/188342989/af25891757edbca4e6cf470f/image.png)
![](https://cdn.simplertrading.com/2022/11/30103434/SI-04-27-22-1st-Ad-Free-Trading-Room-18-1024x495.webp)