Squeeze Play Setups
This screen finds squeeze play setups on stocks that are in a strong uptrend. A squeeze play setup occurs when the Bollinger Bands are inside the Keltner channels. When this happens, the stock has been trading in a narrow range for a while. A major move could happen when the stock breaks out of this trading range.
Finding Stocks Ready to Break Out of Consolidations with Squeeze Plays (Bollinger Bands and Keltner Channels)
Find consolidations based on the Bollinger Band Squeeze criteria by using the Keltner Channels
Popular Screens: Momentum Squeeze Play Setups using Bollinger Bands
Momentum Squeeze Plays find consolidations after a strong move up, using the Bollinger Bands.
General Trading Tips & FAQ
Some general pointers on trading, setups, position sizing and money management.
Trend Intensity Indicator
The Trend Intensity indicator measures the strength of the trend.
Stock Screening Options for the Bollinger Bands
The Bollinger Bands are used to measure the volatility of a stock. in this article we will have a look at the different screen options in ChartMill
Keltner Channels vs Bollinger Bands: Which One Is Better For Trading?
In this article, we will explore the similarities and differences between Keltner Channels and Bollinger Bands and help you decide which indicator may be better suited for your trading style.
Adjusting Basic Screening Filters To Find The Best Momentum Movers
In this article I will elaborate on a number of different screens that you can use to find qualitative momentum setups and I will go over a number of tweaks that allow you to fine-tune the screens so that they fit your personal situation even better.
Keltner Channels
Keltner Channels are used to identify price levels where the existing trend changes direction at the time the price breaks out of the channel or to visualize overbought and oversold levels in consolidating markets.
Bollinger Bands Explained
A very popular and widely used technical indicator are the Bollinger Bands, developed by John Bollinger. The indicator is used to measure the volatility (the degree of movement) of a stock or any other financial instrument.
TRADERS - Tsunami Setups
Tsunami Setups or Squeeze Play Setups can lead to great breakouts
Related Videos
5 momentum screening ideas using ChartMill
In this video I’ll be covering 5 predefined momentum screening ideas from our Trading Ideas' section in ChartMill. Momentum trading means that you are primarily concerned with short-term positions. The intention is to buy stocks which are already rising and to sell them again quickly as soon as the first signs are visible that the rising is losing momentum. As an investor you try to benefit from the high volatility associated with the rise in this relatively short time.
What are Bollinger Bands and how to use this indicator?
The Bollinger Bands indicator owes its popularity mainly to the fact that it can be used both for breakouts, retracements and mean reversion strategies. In this short video I explain exactly what Bollinger Bands are and how to use this indicator in different swing trading strategies. Finally, I show some of the available Bollinger Bands screening filters in ChartMill that allow you to quickly find specific swing trading setups.
Average Volume: 50 SMA > 300K
This filters for stocks with a minimum average daily volume of at least 300K. This filter ensures liquidity.
Trend Intensity: TI > 105
This filters for stocks showing a strong trend.
Squeeze Play: Squeeze Play Daily Setup
This filters the squeeze play condition: the bollinger bands inside the keltner channels.
The Bollinger Bands and the Keltner Channels are shown on the charts.
Regional Run
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.