Expert Add-on for MetaStock
John Carter’s Squeeze System identifies periods of market consolidation, known as 'the squeeze,' to predict potential explosive breakouts. It measures momentum strength and tracks how long a stock has been resolving. The generated signals imply that the longer a stock remains in a squeeze, the greater the potential energy release when the move finally occurs.
John Carter has been a full-time trader since 1998 and is the author of 'Master the Trade'. He is the founder of Simpler Trading and a Commodity Trading Advisor.