John Carter's Book

[rathcoole_exile]

I was also using it as a don't trade signal, so that I was not fighting the squeeze.

yes Carter always emphasises "never fight the 5 minute squeeze", it can be a good way of applying a steadying hand or a final check before pulling the trigger

 

[N Rothschild]

JC is a legend

 

[rathcoole_exile]

How often do your orders get triggered before the squeeze fires off?

as with any breakout strategy, there's going to be a lot of fakeouts, but MM can help as well as discipline to keep re-setting the trades. But the beauty of Stop Entries is that most of the time, the order seems to get triggered just as the squeeze fires off