![]() It is one of a class of volatility indicators. The signals are not completely reliable so it must be used in conjunction with other indicators or analysis that allows the trader to filter the signals in a better way. I thought it would be a good idea to comment on one good indicator. The greater temporality is calculated by multiplying the current temporality, for example 1 hour, multiplied by 4, then the greater squeeze temporality will give the momentum of the 4-hour temporality, that the greater momentum will always be four times greater than the current temporality, although this can be changed in the settings. ![]() The volatility component of the TTM Squeeze indicator measures price compression using Bollinger Bands and. Its main characteristic is that it provides a signal to the trader in the form of a symbol on the starter, when the indicator shows a green alert it means that both indicators are in a bullish direction so there is a probability that the price will rise, while a red symbol indicates that both temporalities show a bearish direction, so a bearish movement is more likely TTM Squeeze is a volatility and momentum indicator introduced by John Carter of Trade the Markets (now Simpler Trading), which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The Squeeze Pro is used to both find areas of consolidation (the squeeze) as well as assess the momentum and. The three types of squeezes are indicated by the colored dots on the zero line (black low, red mid, orange high) while momentum is indicated by the oscillator. In this way it allows to operate in the direction of the greater temporality but with the impulse of the current movement of the graph. Squeeze momentum of lazy bear, multiple time frames, It gives you information if the cycles with high temporality momentums are in harmony, by default two more momentums are shown, I prefer to use only one extra, in the options you can change the time frame of the momentums, in addition to the momentums you can add the RSI and ADX, if the. The Squeeze Pro indicator introduces high and low compression squeezes to the traditional Bollinger Band squeeze. The squeeze momentum PRO is a modification of an existing script that allows you to see the market movements in the form of waves, this indicator allows you to use two squeezes in a chart, the first corresponding to the current timeframe and the second to a greater timeframe. TradingView is one of the most powerful trading platforms with a very active community and a wide collection of trading indicators and strategies. ![]() I am not the author of the original script from which this indicator was based, the script was based on the Squeeze Momentum Indicator by the author LazzyBear
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