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Re: BB Squeeze (Version of TTM Squeeze)
I programmed this indicator so it displays only the alert line and not the histogram. I have been running the alert line at the bottom of my chart window to see how the trade signals compare with my charts.
So far, this indicator lags my other lagging indicators by about two bars. In a choppy market like this week, it puts you into a trade almost exactly at the point of reversal.
When big, smooth moves happen, it is great to look back and say, "Wow, that BB Squeeze really worked for that move." Of course, there were two or four other signals that would have put you in the move a lot sooner.
It is a nice confirmation signal for these bigger moves,
Bam-Bam
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