📖Squeeze Breakout Reversals

Capitalize on fakeouts with Squeeze Breakout Reversals

Overview

• [I] Squeeze Breakout Reversals can only occur after a Squeeze Breakout has fired and the conditions for a Reversal have been confirmed.

• The indicator identifies the first reliable sign of a fakeout and flags it on the chart with a green up arrow for the Bullish Squeeze Breakout Reversal and a red down arrow for the Bearish Squeeze Breakout Reversal. Colors and trade signal shapes are fully customizable in the Inputs and Style tabs in the indicator menu.

• Currently, Squeeze Breakout Reversals are available on high timeframes only, including 4H and higher. Additional testing and optimization are ongoing for lower timeframes.

Menu: Squeeze Breakout Reversals [4H+ Only]

Example: Squeeze Breakout Reversals

• It is common for Squeeze Breakouts to turn into fakeouts quickly, so it's important to set a tight stop-loss on the initial breakout and be prepared to play the fakeout using the Squeeze Breakout Reversal signals.

Squeeze Breakout Reversals; click image to enlarge