Simpler Trading – Triple Squeeze Indicator
Triple Squeeze combines the power of the Squeeze across three instruments: a stock, the sector in which the stock trades, and the index.
These sequential Squeezes are some of the most powerful signals we follow. Triple Squeezes will show up when the stock, sector, and index are all squeezing on a specific timeframe.
The idea behind this indicator is that each Squeeze setup indicates price compression and when the stock, sector, and index all fire those lead to directional trades that we want to be in.
Having the stock + sector + index in simultaneous Squeezes is the holy grail of Squeeze setups.
If we can identify these times when a market is “coiling” we can be in a position to take advantage of one of the strongest directional move indicators we have.
Get Triple Squeeze Indicator or the other courses from the same one of these categories: Simpler Trading, ThinkorSwim, Indicator, Software, Trading for free on Cloud Download.
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