The price makes small fluctuations at this moment. The period of low volatility happens when BB stands inside Keltner Channel. Other indicators for MT4: We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.NinjaTrader TTM Squeeze Indicator is based on three classic technical analysis tools – Bollinger Bands (BB), Keltner Channels and Momentum Oscillator.Ī combination of Bollinger Bands (BB), Keltner Channels indicators helps to determine when an asset is consolidating (squeezing) and signals when the price is ready to break out / drop. The indicator will give few signals but they are quite accurate. For my personal use, I like to trade the H1 time frame. The higher the time frame you choose, the smaller the quantity of signals. The indicator can be used with any class of instruments: Forex, Stocks, Indices, Futures, Commodities and Cryptos The indicator can be used with any time frame. ![]() This indicator uses the complete formulas as designed by the original creator of the indicator. Some indicators use simplified formulas for the calculation of the squeeze. SoundFile - name of wav file to be used to play sound alerts.SoundAlerts (true/false) - set to true to receive alerts of type sound.PushAlerts (true/false) - set to true to receive alerts to your mobile using Metatrader notifications.EmailAlerts (true/false) - set to true to receive alerts over email.PopupAlerts (true/false) - set to true to receive alerts of type pop-up box window.UseAlerts (true/false) - set to true to enable alerts management.KeltnerMulti (default 1.0) - is the factor used for the calculation of the Keltner bands with the true range.BollingerMulti (default 2.0) - is the factor used for calculation of the Bollinger bands with the standard deviation.Period (default 20) - period used for the calculations of the Bollinger and Keltner bands.You have many options to receive the alerts: popup window, email, notification, sound. You can receive alerts once a signal is confirmed (at the close of the candle). You can customize colors for the indicator, both for the squeeze line and the histogram. The histogram tell us about the strength of the momentum in price. This is an indication of the direction of the next move. ![]() Indicator also draws histogram showing momentum. When the indicator draws red points then it means the market is ready to shoot (see example in screenshot). The indicator will plot red and white points (squeeze line in the center) and histogram (above and below the center line). And the purpose of TTM Squeeze indicator is exactly to time entries and this is why this indicator is so important. Only very experienced traders like Nathan Bear are well aware of the importance of timing to make money in the market. Most trader think that they will make money if they can predict market direction. This is a concept that is not very well understood in the trading community. Why is the TTM Squeeze indicator important? Because in trading correct timing entries might be more important than picking the right direction. It was created by famous trader John Carter and is also used by many traders like Nathan Bear. TMM Squeeze might well be one of the best and most overlooked indicator. TTM Squeeze is an indicator to time entries based on volatility.
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