Bollinger Bands Volatility Squeeze
Create a search for stocks whose Bollinger Bands have squeezed to within 6% of each other. This is my NUMBER ONE SEARCH that I use!!!!!!!!
Gary Wynne commented
You might want to look at John Carter's Squeeze approach. Basically, you put Bollinger and Keltner channels on the chart. When the Bollinger's contract inside the Keltner, you are in the "Squeeze" and breakouts from the Squeeze are often dramatic, whether long or short.
Howard Beckett commented
I know this search works and works well as a breakout finder. It would be nice if the squeeze width were user adjustable. Some like 6% and others like 5% or 7%.
Barry Cowling commented