TTM Squeeze Indicator

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:

TTM Squeeze

 

 

 

 

 

Here is mine:

The Squeeze

 

 

 

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

 

Comments

33 Responses to “TTM Squeeze Indicator”

  1. Rodrigo on March 15th, 2006 7:36 pm

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

    rodrifernandes@gmail.com

  2. peter vasinius on August 14th, 2004 9:24 am

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

  3. Leslie Bird on September 13th, 2006 12:44 pm

    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.

  4. Jay on September 28th, 2006 4:12 pm

    I use eSignal and I would like to try it! Thank you for creating it. damnsure@hotmail.com

  5. Ben on November 21st, 2006 5:19 pm

    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: bennyxiong@yahoo.com

  6. Val on December 2nd, 2006 8:02 pm

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

  7. C Hart on December 26th, 2006 9:53 pm

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

  8. Wayne Helmore on March 15th, 2007 3:18 am

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

  9. John on November 9th, 2006 10:04 pm

    I am using MT4 and I would greatly appreciate it if you can send me a copy of the squeeze indicator. Thanks. john8681@aol.com

  10. Ryan on December 14th, 2006 7:42 pm

    Hi,
    I just came across this article…could you please send me the TTM Sqeeze efs?
    I appreciate it!
    ryanras@gmail.com

  11. Forex Trader on March 7th, 2007 5:48 pm

    would be glad to get some of this EFS too :)
    kobi@gadgetov.co.il

  12. Forex Trader on March 18th, 2007 12:11 am

    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?

    This email address is being protected from spam bots, you need Javascript enabled to view it

  13. Forex Trader on April 6th, 2007 7:15 am

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

    This email address is being protected from spam bots, you need Javascript enabled to view it

    Thanks,
    Bruce

  14. Forex Trader on June 10th, 2007 1:23 pm

    I would like to try your version of the TTM Squeeze Indicator.
    dnichols76@yahoo.com

  15. Forex Trader on June 15th, 2007 11:39 am

    Hi, is the squeeze indicator still available? If so, please send me a copy. Rlpitts1955@yahoo.com
    Thanks!

  16. Forex Trader on June 17th, 2007 1:12 am

    please send me a copy thanks very much francispencer@optusnet.com.au

  17. Forex Trader on August 21st, 2007 9:29 am

    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. cappy3605cell@yahoo.com

  18. Forex Trader on July 17th, 2007 8:31 pm

    Do you have the Squeeze indicator for TradeStation?
    karrling@hotmail.com

  19. Forex Trader on August 30th, 2007 3:59 pm

    do you still have the indicator for mt4
    can you please send me a copy at picky_ny@yahoo.com

    Thank you

  20. Stumper on September 27th, 2007 3:10 pm

    Need your version of this squeeze indicator. My email id is vipulbhadra@gmail.com

  21. Forex Trader on October 10th, 2007 3:37 am

    hi ,do you still have the indicator for mt4 ?
    my email is aramkashani@yahoo.com thanks thanks

  22. Haub on November 12th, 2007 12:03 pm

    Hello, could you send me the efs for Carter’s squeeze indicator. I’d like to see how it looks. THanks. haub07@gmail.com

  23. TTM Squeeze for TradeStation Ple on November 17th, 2007 9:11 pm

    Hi – Would really appreciate the Tradestation version of TTM Squeeze???? Thanks! forex4me@live.com

  24. Chris Grant on December 11th, 2007 5:27 pm

    Hi I would really like the squeeze indicator if you could email it to m.lalac@yahoo.com
    Thank you

  25. CrashingMedic on December 14th, 2007 1:08 am

    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… wadeboxjr@marten-enterprises.com

  26. Forex Trader on December 14th, 2007 3:57 pm

    Hi, can you send me a copy of the TTM? Realest8ca@aol.com
    Thanks

  27. Forex Trader on December 25th, 2007 3:15 pm

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

    js18855@yahoo.com

  28. ian on January 1st, 2008 2:44 pm

    please could you send me the squeeze indicator.i use metatrader4.
    kind regards.
    happy new year.
    yerwot@ntlworld.com

  29. Forex Trader on January 22nd, 2008 9:03 pm

    Could I have the ttm squeeze for esignal efs? My email is bogrei2001@yahoo.com

  30. Another Brian on February 6th, 2008 1:08 pm
  31. Jason on February 22nd, 2008 9:53 am

    Please send me a copy of the indicator: jasonknight@cox.net
    Thanks for your consideration!

  32. Forex Trader on February 28th, 2008 9:26 am

    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: mskaten@hotmail.com

  33. Another Brian on April 23rd, 2008 9:18 pm

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

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