GoNoGo Squeeze

GoNoGo Squeeze

We have seen the importance of the GoNoGo Oscillator’s® interaction with the zero line. When the momentum inputs to the oscillator are in the neutral range, we can say that there is no extreme in terms of buying and selling. As the price swings are not so exaggerated volatility declines and the GoNoGo Oscillator® rides the zero line.

This volatility squeeze is highlighted by the GoNoGo Squeeze ® indicator. The Squeeze grid climbs as momentum remains neutral. The longer momentum stays neutral the more prolonged the squeeze. In situations where volatility reduces, a breakout can be expected. When combined with other GoNoGo Chart tools this can add significant insight for the analyst.

We have seen the importance of the GoNoGo Oscillator’s® interaction with the zero line. When the momentum inputs to the oscillator are in the neutral range, we can say that there is no extreme in terms of buying and selling. As the price swings are not so exaggerated volatility declines and the GoNoGo Oscillator® rides the zero line.

This volatility squeeze is highlighted by the GoNoGo Squeeze® indicator. The Squeeze grid climbs as momentum remains neutral. The longer momentum stays neutral the more prolonged the squeeze.

In situations where volatility reduces a breakout can be expected. When combined with other GoNoGo Chart tools this can add significant insight for the analyst.