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Value of dots on RSqueeze
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Value of dots on RSqueeze
I can't seem to figure out what the value for the RSqueeze red and blue dots are so I can use it in my strategy I'm making with Strategy Builder. I did see some mentions before somewhere here, I thought they said dot=0 means squeeze, but this doesn't work. Can anyone help with this?Last edited by TomTownsend; 11-17-2020, 06:48 PM.Tags: None
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Hello TomTownsend,
Thanks for your post.
The dots are all plotted on every bar at the same value of 0 regardless of color, so when you look at the value plot of SqueezeDots in the Strategy Builder they will always be 0 and there is no means provided from the indicator to identify when they change color.
To accomplish your goal of knowing when the dots change to red, indicating squeeze, the indicator would need to be modified to either change the Y value of the dots (to differentiate the non squeeze to squeeze dots) or provide a transparent signal type plot for the purposes of indicating to a strategy when the dots change color.
Paul H.NinjaTrader Customer Service
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