Indicator Explanation Tutorial

Alpha > 0.5: Market trend favors bulls. Alpha < -0.5: Market trend favors bears.
Index < -0.5: Market trend favors bears.

Squeeze Momentum measures the directional strength of volatility over a specific range. A positive value (green bar) indicates upward momentum, and a negative value (red bar) indicates downward momentum. The orange dot on the baseline indicates market may under a period of price consolidation (low volatility), potentially signaling upcoming breakouts.