![]() ![]() 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. ![]()
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