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Showing results for tags 'squeeze'.
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Many have asked what the differences are between the PBF-Squeeze indicator and the other popular and well-known Squeeze that's been out there for years, which is retailed at $496. The simple answer is: THIS is much faster and way more precise. THIS Squeeze indicator has absolutely nothing to do with the other Squeeze except for the name and similar formation (lines, dots, histograms, green, red, what else can you do?) The idea and calculation behind our Squeeze is brand new. It does not employ the Momentum or CCI indicator, which are okay but not precise and responsive enough for our tastes. The "traditioinal" Bollinger Band/Keltner Channel idea that plots the middle line is kept alive if you choose 2 for "style" under "format technical analysis", but we no longer use it in our trading. This idea sounds very attractive in theory, but if you really think about it and examine the charts, both Bollinger Band and Keltner Channels are lagging indicators. By the time the Bollinger Band moves inside the Keltner Channel, the market would have been moving sideways for at least a few bars. What's worse is when the Bollinger Band moves outside of the Keltner Channel, the market has been moving for at least a few bars. If you enter positions then, that means you are a few bars too late. For this reason, we have re-designed the middle line, which has made tremendous differences in our trading, especially in the counter-trend mode. PBF-SQUEEZE.ELD
Here is a bundle of indicators for you, the development of them were requested as per this thread. http://www.traderslaboratory.com/forums/f18/paintbarfactory-com-not-spam-a-question-3168.html I have been hesitant to post these as some of them are NOT the same as per the above thread. But due to several requests recently I'm posting them anyway. The attached indicators are: BR_CCi : Which is basically a smoothed CCi. BR_RSI : Which again is a smoothed RSi. BR_Momentum : Again a smoothed Momentum ( Can't believe people would actually charge for these ) BR_PaintBars : MA based trend bars. BR_2FastMa's : Self explanatory. BR_Squeeze : Partly based on the original squeeze ( as we all know it ), but the histogram is defined to show clearer divergences. Also includes CounterTrend and an alternative midline. BR_HeatMeter : Can you take the heat ! ( well actually it's just a 50 period CCi :\) For more information on the indicators, please go to the above thread for details. See Attached Charts to show each indicator. Can I just stress that some of these are NOT THE SAME, so take them with a pinch of salt Cheers Blu-Ray BR_2FASTMA'S.ELD BR_CCI.ELD BR_HEATMETER.ELD BR_MOMENTUM.ELD BR_PAINTBARS.ELD BR_RSI.ELD BR_SQUEEZE.ELD