Quote from james16:
Can anyone direct me to a place where I can get the squeeze indicator without having to pay Hubert 1000 bucks, as he probably makes 200k a month from the trading room anyway, so it won't hurt his bank account !!
The squeeze indicator is for when th Bollinger bands cross over the Keltner channels...
Its just three indicators in one. It is Bollinger bands, Keltner channels and momentum indicator all watched at the same time. He only made that indicator so he can see his charts and they wont be covered up with the three indicators. They are all set at defaults.
You can watch those three indicators and they are exactly the same as Huberts one. Exactly.
John carter gives a detailed explanation of this indicator in his book, "mastering the trade" in chapter 10 page 201 to 203. It's pretty straight forward. It's not a secret indicator and they share it in their book. He says in his book at the end of the chapter, that you have his permission to program it yourself and copy it if you know how to program.
But if you are going to trade off this indicator alone, then you most likely will lose. He gives examples in his book where the indicator failed a few times. It's not 100%.