In today’s Trading Beacon tutorial, we’ll explain how to use the Squeeze Momentum Indicator by Lazybear, as well as a ttm Squeeze Momentum Indicator Strategy.
The Squeeze Momentum Indicator is currently the #1 Indicator on TradingView, so tune into today’s video as we explain exactly how to use it in your Trading Strategy.
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To set this indicator up, go to the top of the screen and click on the button labelled indicators and strategies. Then on the left, click on Public Library. The squeeze momentum indicator should be at the very top of the list, but if it’s not then you can simply type in squeeze momentum indicator into the search bar above.
So once you’ve added this indicator to your chart, it should look something like this. I’m not a huge fan of the default visual settings on this indicator, so let’s go into the settings and make a few changes. So simply double click anywhere on the indicator to bring up the settings.
The first half of the settings window controls the colors for the red and green bars you see on the indicator. And the second half of the window controls the colors for the dots you see in the middle of the indicator.
Beauty Flow by Kevin MacLeod
Foreign exchange trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Past performance is not indicative of future results. The information presented today is not meant for use in live trading.
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