#Momentum squeeze indicator how to
#Momentum squeeze indicator serial number
#Momentum squeeze indicator series

The dashboard allows traders to easily and fastly choose the assets they want to work with by clicking on a particular cell in the dashboard. The color of the cell indicates the direction of the trade (BUY – green, SELL – red) and changes the saturation of the main color depending on how much the distance of the bars from the last bar on which the signal was detected increases.

#Momentum squeeze indicator serial number

The cell of the asset / timeframe contains information about the direction of the trade (BUY or SELL) and the serial number of the bar (the number of bars back) on which the signal was detected. The dashboard shows information about the current status of detecting signals.

#Momentum squeeze indicator how to

How to interpret the TTM Squeeze Indicator and read the dashboard? Therefore, the use of this indicator will be extremely useful for traders of any level. Two tools that TTM Squeeze Indicator includes are the Bollinger Bands and Keltner Channel – help to determine this moment better than any other tool.

The main purpose of the indicator is to determine the moment when the price begins to exit the consolidation state. If the histogram breaks the base level down, this is a sell signal. When the dots turn green, the price of the asset exits the consolidation state, and at this moment, if the histogram rises above the base level, this is a buy signal. The confirmation of the signal will be the intersection of the Bollinger bands, the Keltner channel and the oscillator.

#Momentum squeeze indicator series

The squeeze is displayed as a series of red dots located on the histogram. How to trade using TTM Squeeze Indicator ?Ī signal about a possible desired price movement is determined by a combination of warnings in the indicator. TTM Squeeze does not redraw signals, which is different from many other indicators on the market. When a signal arrives, information about the asset will be displayed on the dashboard, then, in one click, it will be possible to move the chart of this instrument. It also has an asset scanner, that is, if you have set the necessary assets for transactions in the settings, the scanner will give you a signal when there is a price movement on them. It includes setting alerts for emerging signals. MT4 TTM Squeeze Indicator also has a high level of functionality.

This combination of instruments gives signals about the upcoming market movement and a possible trend change. The combination of these tools helps traders to choose the right entry points. The oscillator analyses the change in the price of an asset over a certain period of time and makes it possible to determine the trend movement.

Momentum Oscillator is also part of the indicator.

When the bands diverge, this indicates increased volatility, and when they narrow, the opposite is true.

Bollinger Bands – measure the deviation of the price from the average level.

In other words, this is the average price range of an instrument over a certain number of days.

The Keltner Channel measures the ATR (Average True Range), meaning ATR is a measure of market volatility.

TTM Squeeze Indicator includes several tools: The other indicators it includes give more confidence and a more correct entry point. TTM Squeeze is a good trading tool because it relies on a combination of signals on the chart. If the histogram levels begin to fall below 0, then this indicates a downward momentum. If the levels on the histogram rise above 0, then an upward impulse is expected. The histogram, in turn, shows whether the price is in the upward or downward direction of the momentum. Focusing on these dots, the best moment to make a deal is considered to be the transition from red to green dots. When the Bollinger Bands exit the channel, the dots turn green, which means that there has been an impulse in one of the directions. When Bollinger Bands pass through the Keltner Channel, the asset is in compression/consolidation, represented by red dots. The dots represent Bollinger Band and Keltner Channel data. Thanks to the TTM Squeeze Indicator, a trader can determine the moment before an asset enters a trend, so the trader has the opportunity to prepare a trade in advance. The idea of the indicator is to help the trader to indicate the beginning of a certain trend, it can be either going down or vice versa. The indicator is based on price compression measurement data using Bollinger Bands and the Keltner Channel. MT4 TTM Squeeze Indicator is made up of two main components for calculation: these are the dots that indicate the beginning / end of a squeeze (impulse price movement) and of the histogram of this impulse.