I don't know how many of you are familiar with the Trade the Markets Squeeze indicator but it is designed to take advantage of the quiet periods in the market when volatility has decreased, and the market is building up energy for its next major move higher or lower.  The decreased volatility and quiet period are when the Bollinger Bands are "squeezed" inside of the Keltner Channels.  The setup is triggered when the Bollinger Bands shoot back outside of the Keltner Channel.  Depending on the momentum direction, the play can be short or long. 

This indicator is used by John Carter and was created by his trading partner Hubert Senters.  I really like this indicator and find that during trending markets it works quite well.  The caveat is that it isn't free.  It can be bought on the tradethemarkets website for around $500.  The great thing is I just wrote the indicator myself over the last 2 hours and am currently using it on my charts.  It was easier than I thought.  I looked at previous videos from Carter and Senters to compare their Squeeze indicator to mine and they are very close.  As far as momentum is concerned, they use a combination of ATR, Momentum, a Linear Regression Plot, and moving averages.  Mine only uses Momentum and MACD at the moment until I kind find out how to combine indicators to represent momentum.

Here is their Squeeze indicator:

Here is mine:

These are not the same charts but you get the idea.  The red dots indicate that the Bollinger bands are inside the Keltner channels and all is quiet.  The next green dot after a red is when you go short or long depending on the momentum.

You can read more here: Volatility Squeeze Play 

The Forex Project Squeeze isn't perfect but I like what I see so far.  If anyone is greatly interested in this indicator or have ideas on how to enhance it, let me know.  If you use esignal and you want to try it, it's free.  

THIS INDICATOR HASN'T BEEN MAINTAINED SINCE 2006.  USE AT YOUR OWN RISK.  IT'S ONLY AVAILABLE FOR ESIGNAL DON'T ASK FOR IT FOR ANY OTHER TRADING PLATFORM.  YOU CAN DOWNLOAD IT AT:

http://www.forexproject.com/forex_documents

Read or add comments about this item.

No. 1 :

can i use this indicator with meta trader. i am interested in recieving the efs file. thank you and happy trading.

Submitted by peter vasinius • 2004-08-14 09:24:28

No. 2 :

You did yours ttm squeze indicator, Can you send it for me to test here with my portfolio? Thanks
Rodrigo

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Submitted by Rodrigo • 2006-03-15 19:36:46

No. 3 :

I've been curious how this indicatror worked, thanks! I too would love a copy of the .efs file if you could email it to me.

Submitted by Leslie Bird • 2006-09-13 12:44:21

No. 4 :

I use eSignal and I would like to try it! Thank you for creating it. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Jay • 2006-09-28 16:12:09

No. 5 :

I am using MT4 and I would greatly appreciate it if you can send me a copy of the squeeze indicator. Thanks. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by John • 2006-11-09 22:04:39

No. 6 :

Nice job. I have been trying hard recently on how to board the breakout play. By studying and focusing more on Moving AVG, DMI, Squeeze, I seem to be able to enter the publlback of the momentum better. I am interested in trying this. Could you email me?
email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Ben • 2006-11-21 17:19:49

No. 7 :

hey, would love to have a copy of the TTM indicator. Please send. Thanx

Submitted by Val • 2006-12-02 20:02:46

No. 8 :

Hi,
I just came across this article...could you please send me the TTM Sqeeze efs?
I appreciate it!
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Submitted by Ryan • 2006-12-14 19:42:28

No. 9 :

I would like to try out your squeeze indicator for MT4 if possible.

Submitted by C Hart • 2006-12-26 21:53:43

No. 10 :

would be glad to get some of this EFS too :)
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Submitted by Forex Trader • 2007-03-07 17:48:22

No. 11 :

Would love to get a copy of this indicator could you send me one - thanks

Submitted by Wayne Helmore • 2007-03-15 03:18:30

No. 12 : EFS

Hi, Great posting. Would you send me the efs file for esignal also? That would be great. I will test it side by side with the TTM one and see how it compares and give feedback if you like?

<script language='JavaScript' type='text/javascript'>
<!--
var prefix = 'ma' + 'il' + 'to';
var path = 'hr' + 'ef' + '=';
var addy97201 = 'splicetv' + '@';
addy97201 = addy97201 + 'gmail' + '.' + 'com';
document.write( '<a ' + path + '\'' + prefix + ':' + addy97201 + '\'>' );
document.write( addy97201 );
document.write( '<\/a>' );
//-->\n </script><script language='JavaScript' type='text/javascript'>
<!--
document.write( '<span style=\'display: none;\'>' );
//-->
</script>This email address is being protected from spam bots, you need Javascript enabled to view it
<script language='JavaScript' type='text/javascript'>
<!--
document.write( '</' );
document.write( 'span>' );
//-->
</script>

Submitted by Forex Trader • 2007-03-18 00:11:53

No. 13 : TTM Squeeze Indicator

Hi,
Also interested in getting your version in efs format.

<script language=\'JavaScript\' type=\'text/javascript\'>
<!--
var prefix = \'ma\' + \'il\' + \'to\';
var path = \'hr\' + \'ef\' + \'=\';
var addy2323 = \'bruceb222\' + \'@\';
addy2323 = addy2323 + \'tds\' + \'.\' + \'net\';
document.write( \'<a \' + path + \'\\\'\' + prefix + \':\' + addy2323 + \'\\\'>\' );
document.write( addy2323 );
document.write( \'<\\/a>\' );
//-->\\n </script><script language=\'JavaScript\' type=\'text/javascript\'>
<!--
document.write( \'<span style=\\\'display: none;\\\'>\' );
//-->
</script>This email address is being protected from spam bots, you need Javascript enabled to view it
<script language=\'JavaScript\' type=\'text/javascript\'>
<!--
document.write( \'</\' );
document.write( \'span>\' );
//-->
</script>
Thanks,
Bruce

Submitted by Forex Trader • 2007-04-06 07:15:29

No. 14 :

I would like to try your version of the TTM Squeeze Indicator.
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Submitted by Forex Trader • 2007-06-10 13:23:50

No. 15 : TTM Squeeze indicator

Hi, is the squeeze indicator still available? If so, please send me a copy. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Thanks!

Submitted by Forex Trader • 2007-06-15 11:39:28

No. 16 : TTM Squeeze indicator

please send me a copy thanks very much This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Forex Trader • 2007-06-17 01:12:41

No. 17 :

Do you have the Squeeze indicator for TradeStation?
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Submitted by Forex Trader • 2007-07-17 20:31:58

No. 18 :

looks like this thing has been around for a while. well if you are still checking your blog and still have that efs i would really like a copy. thank you very much. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Forex Trader • 2007-08-21 09:29:28

No. 19 :

do you still have the indicator for mt4
can you please send me a copy at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Thank you

Submitted by Forex Trader • 2007-08-30 15:59:02

No. 20 : Need your version of Squeeze indicator

Need your version of this squeeze indicator. My email id is This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Stumper • 2007-09-27 15:10:05

No. 21 : I need it :)

hi ,do you still have the indicator for mt4 ?
my email is This e-mail address is being protected from spam bots, you need JavaScript enabled to view it thanks thanks

Submitted by Forex Trader • 2007-10-10 03:37:55

No. 22 : Squeeze for Esignal Please

Hello, could you send me the efs for Carter's squeeze indicator. I'd like to see how it looks. THanks. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Haub • 2007-11-12 12:03:02

No. 23 :

Hi - Would really appreciate the Tradestation version of TTM Squeeze???? Thanks! This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by TTM Squeeze for TradeStation Ple • 2007-11-17 21:11:26

No. 24 :

Hi I would really like the squeeze indicator if you could email it to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Thank you

Submitted by Chris Grant • 2007-12-11 17:27:37

No. 25 : TTM Squeeze Indicator

I just read your description of you version of the squeeze indicator and would like a copy of it. I use Sierra charts and MT4 and have friends who use eSignal. Any version you have is greatly appreciated. Thanks... This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by CrashingMedic • 2007-12-14 01:08:50

No. 26 :

Hi, can you send me a copy of the TTM? This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Thanks

Submitted by Forex Trader • 2007-12-14 15:57:14

No. 27 :

Hi, can you send me a copy of the TTM?

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Submitted by Forex Trader • 2007-12-25 15:15:19

No. 28 : ttm squeeze

please could you send me the squeeze indicator.i use metatrader4.
kind regards.
happy new year.
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Submitted by ian • 2008-01-01 14:44:23

No. 29 : ttm squeze

Could I have the ttm squeeze for esignal efs? My email is This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Forex Trader • 2008-01-22 21:03:58

No. 30 : Amibroker

Here is the code for Amibroker
http://blog.tipster.ca/2008/02/squeeze-part-2.html

Submitted by Another Brian • 2008-02-06 13:08:45

No. 31 :

Please send me a copy of the indicator: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Thanks for your consideration!

Submitted by Jason • 2008-02-22 09:53:44

No. 32 : Squeeze indicator

I know that I'm late on this post, but I just read about your version of the squeeze indicator and would like a copy of it. I use eSignal. Thanks: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Submitted by Forex Trader • 2008-02-28 09:26:41

No. 33 : I have TTM Squeeze for Amibroker

I have a link on my blof to get the TTM Squezze indicator for Amibroker.

Submitted by Another Brian • 2008-04-23 21:18:54

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