I have built on the squeeze because I find the momentum based position entry signal is a little flakey. Basically, it's the squeeze with different position entry, and exit rules. What do you guys think? I have the system on my latest post at
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Quoting Akuma99DislikedActually I use a similiar system on the 15M charts when my time is limited with good results. I use 0 line crossovers and bounces as signals as well though on the 50CCI and look at turns above and below the 200 level with fibonacci for exits (amongst others).
Actually I just finished a basic write-up on the squeeze indicator (http://www.beginnertrader.com/?p=212)
Below is a visual example ... last nights sterling which I closed at +108.
http://img414.imageshack.us/img414/8531/gbpusd7ev.gifIgnored
Quoting Akuma99DislikedIf you are talking about the Rainbow MMA .. then all it is is around 88 different moving averages on the one chart. To make it easy for anyone who wants add them to an existing template, I have whipped together 11 indicators that will add them for you (MT4 only allows 8 lines per indicator).Ignored