TTM Squeeze Stohastic MTF
- Indikatoren
- Danil Poletavkin
- Version: 1.3
- Aktualisiert: 3 Juni 2024
- Aktivierungen: 20
The same indicator that is published here https://www.mql5.com/en/market/product/105645?source=Site+Market+My+Products+Page, but instead of the MACD, a Stochastic Oscillator is used.
The indicator can be useful for searching for the possibility of opening a position on the Momuntum of multiple timeframes - a method described by Robert Miner in his book "High probability trading strategies".
The settings speak for themselves
- Period - the timeframe for which the indicator is calculated. When using b to indicate the momentum of the higher timeframe, use a coefficient of 4 or 5. For example, if the current chart is 5-minute, then the older one will be 20-minute or 25-minute.
- Kelthner channels multiplier - a multiplier for determining the width of the Kelthner channel. In this indicator, this parameter is used to determine the periods of "compression"
- The other settings are the settings of the Stochastic Oscillator
Please remember that the indicator is not a trading system, but should be used only as an auxiliary tool within your trading strategy.