The Squeeze Zone is a horizontal bar displayed below the oscillator that lights up when price is compressing into a tight range. A squeeze indicates that volatility is contracting, which often foreshadows a strong breakout move.
State
Meaning
π Bar lit up (colored)
Squeeze is active β price is coiling, breakout incoming
Bar hidden
No squeeze β normal volatility
How to Use the Squeeze
When the Squeeze Zone is active, prepare for a big move β but don't predict direction yet
Combine with the Oscillator Wave Overlay and Momentum Candles to determine the direction of the breakout
Squeezes followed by a Momentum Candle color change are powerful setups