📖Squeeze Breakout Reversals
Capitalize on fakeouts with Squeeze Breakout Reversals
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Capitalize on fakeouts with Squeeze Breakout Reversals
Last updated
Was this helpful?
[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.
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.
