ST_MultiSqueezeLiteDisplays the status of the squeeze on multiple time frames on the base chart. This "Lite" version of the indicator is available to those who purchased the full version for TOS or TradeStation upon request.
Simplertrading
Simpler Trading PropulsionIf the default Blue/Red candle coloring scheme is not desired, please turn off the Bar Color in the indicator settings.
Simpler Trading GRaB CandlesThe GRaB candles are painted candles based on the relationship between the close of a candle and these averages.
- A candle paints green when it closes above the 34-bar EMA of the high.
- A candle paints red when it closes below the 34-bar EMA of the low.
- A candle paints blue when it closes between the 34-bar EMA of the high and 34-bar EMA of the low.
-
GRaB candles are a visual aid in identifying not only the trend but also the sentiment and momentum in the market on any time frame. The colors of the GRaB candles still reflect traditional Japanese candlesticks with lighter and darker shades of green, red and blue. The lighter shades are akin to hollow or "up close" Japanese candles while the darker shades are akin to shaded or "down close" candles.
- Green candles indicate bullish sentiment and momentum
- Red candles indicate bearish sentiment and momentum
- Blue candles indicate neutral sentiment and momentum
Since a trend is organized sentiment and momentum, it is also important that green candles dominate a market that is moving upwards with higher highs and higher lows. Red candles should then dominate a downtrend (lower lows and lower highs). Blue GRaB candles dominate a market in consolidation and quick shifts between green, red and blue are a sign of volatility and congestion.
Simpler Trading PropulsionSimpler Trading Propulsion Indicator
If the default Blue/Red candle coloring scheme is not desired, please turn off the Bar Color in the indicator settings.
Simpler Trading 10x BarsKnow whether to look for explosive buy setups, implosion sell setups, or to stay out of ‘fake out’ congestion zones.
Plus, know when volume is at least 50% above average to identify moves with home run potential. Currently this indicator is compatible with Think or Swim and TradeStation.
Simpler Trading SqueezeWhen the Bollinger Bands cross inside the Keltner Channels this indicates a quiet period in the market AKA “it’s in a squeeze” and when the “squeeze fires” this means the Bollinger Bands have crossed outside of the Keltner Channels and price is moving.
The oscillator is a momentum indicator identifying which direction the squeeze has fired. If a squeeze “loses momentum” that means the move is over.
Again, the indicators that embody the Squeeze is available for free on all trading platforms, BUT if you don’t want to go cross eyed looking at all the squiggle lines and want an easy to use visual representation then pick up the Squeeze for your trading platform today.
