Squeeze Momentum Indicator: How to Trade Explosive Breakouts
Most momentum indicators tell you what's already happening. The squeeze momentum indicator works differently — it tries to signal what's about to happen next. The squeeze momentum indicator is a volatility and momentum tool that combines Bollinger Bands with Keltner Channels and adds a histogram to show building pressure. John Carter made it famous in Mastering the Trade, and the LazyBear version on TradingView made it accessible to everyone.
I've traded the SMI on SPY daily charts since early 2023, and squeezes lasting 8+ bars give me the most reliable entries. On AAPL, I've had false signals during sideways consolidation — which is why I won't take a squeeze without volume confirmation.



