Where can I get your eSignal Squeeze Indicator?

September 15, 2006 by  

The Squeeze indicator was initially created by John and Hubert over at http://www.tradethemarkets.com. They call it the TTM squeeze.

Here is an overview of the Squeeze right from John Carter's mouth:

"The Squeeze Play takes advantage of "quiet periods" in the market when
volatility has decreased significantly, and the market is building up
energy for its next major move higher or lower. This indicator was
introduced to me by my trading partner, Hubert Senters, and it has
become an integral part of my own trading plan. These quiet periods
are identified when Bollinger Bands narrow in width to the point that
they are trading inside of Keltner Channels (I just use the default
settings on TradeStation for both of these indicators). This marks a
period of reduced volatility and signals that the market is taking a
breather, building up steam for its next move."

http://www.cbot.com/cbot/pub/cont_detail/0,3206,1180+26251,00.html

I attempted to create an exact replica of the squeeze indicator myself. I call it the FPSqueeze. It can be downloaded below. Feel free to modify it and make it better. I no longer use eSignal so my motivation to make it better is gone.

If you use metatrader, you can try the Bollinger Squeeze attached below as well. 

 

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