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TTM Squeeze indicator for MT5 by ITC

TTM Squeeze Indicator

TTM Squeeze is an indicator to time entries based on volatility.
TMM Squeeze might well be one of the best and most overlooked indicator. It was created by famous trader John Carter and is also used by many traders like Nathan Bear.
Why is the TTM Squeeze indicator important? Because in trading correct timing entries might be more important than picking the right direction. This is a concept that is not very well understood in the trading community. Most trader think that they will make money if they can predict market direction. Only very experienced traders like Nathan Bear are well aware of the importance of timing to make money in the market. And the purpose of TTM Squeeze indicator is exactly to time entries and this is why this indicator is so important.

The indicator will plot red and white points (squeeze line in the center) and histogram (above and below the center line).
When the indicator draws red points then it means the market is ready to shoot (see example in screenshot).
Indicator also draws histogram showing momentum. This is an indication of the direction of the next move. The histogram tell us about the strength of the momentum in price.
You can customize colors for the indicator, both for the squeeze line and the histogram.
You can receive alerts once a signal is confirmed (at the close of the candle). You have many options to receive the alerts: popup window, email, notification, sound.

Inputs of the indicator are:

  • Period (default 20) - period used for the calculations of the Bollinger and Keltner bands
  • BollingerMulti (default 2.0) - is the factor used for calculation of the Bollinger bands with the standard deviation.
  • KeltnerMulti (default 1.0) - is the factor used for the calculation of the Keltner bands with the true range.
  • UseAlerts (true/false) - set to true to enable alerts management.
  • PopupAlerts (true/false) - set to true to receive alerts of type pop-up box window.
  • EmailAlerts (true/false) - set to true to receive alerts over email.
  • PushAlerts (true/false) - set to true to receive alerts to your mobile using MetaTrader notifications.
  • SoundAlerts (true/false) - set to true to receive alerts of type sound.
  • SoundFile - name of wav file to be used to play sound alerts.

Some indicators use simplified formulas for the calculation of the squeeze. This indicator uses the complete formulas as designed by the original creator of the indicator.
The indicator can be used with any class of instruments: Forex, Stocks, Indices, Futures, Commodities and Cryptos
The indicator can be used with any time frame.
The higher the time frame you choose, the smaller the quantity of signals.
For my personal use, I like to trade the H1 time frame.
The indicator will give few signals but they are quite accurate.

Other indicators for MT5:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.

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EXCLUSIVE! JUST  10 COPIES  AVAILABLE!   BONUS AUX VIP Club 2024 : Include EA CAP, CEP, LDH, PSC307 & AO4C to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only ) FREE Trading Education Available Daily via Zoom --- For More Info or Instant Message Click link ---  https://t.me/abcdwave Transform your trading with the "Five Magic Bullets" Indicator, tailored for traders who embrace the power of Elliott Wave Chaos Theory.
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
PillowIndicator
Sergey Shevchenko
Wenn Sie einen Indikator benötigen, der Markteintrittspunkte anzeigt, dann ist dies Ihr Indikator.  Der Indikator wird nicht neu gezeichnet. Zeigt Kauf- und Verkaufspunkte für jeden TF (Zeitrahmen) und jedes Währungspaar an. Die Einstellungen sind für alle Instrumente anpassbar. Sie können jeden Parameter für jeden Broker und jedes Konto konfigurieren. Das ist ein KISSEN, das bequem ist :)) Probieren Sie es einfach aus.....
MTF Supply Demand Zones MT5
Georgios Kalomoiropoulos
5 (1)
Automatisierte Angebots- und Nachfragezonen der nächsten Generation. Neuer und innovativer Algorithmus, der bei jedem Diagramm funktioniert. Alle Zonen werden dynamisch entsprechend der Preisbewegung des Marktes erstellt. ZWEI ARTEN VON WARNUNGEN --> 1) WENN DER PREIS EINE ZONE ERREICHT 2) WENN EINE NEUE ZONE BILDET WIRD Sie erhalten keinen weiteren nutzlosen Indikator. Sie erhalten eine vollständige Handelsstrategie mit nachgewiesenen Ergebnissen.     Neue Eigenschaften:     Warnungen, w
Algo Map
Kenny Michael Smith
5 (3)
ALGO-KARTE MERKMALE - EINSTIEGSSTUFE - ÜBERNEHMEN SIE GEWINNSTUFEN - REVERSAL-EINTRAGSPUNKTE - UMKEHRSTRATEGIE - TREND-TRADING-STRATEGIE - KAUFEN UND VERKAUFEN SIE SWING-HANDELSSIGNALE IN JEDEM ZEITRAHMEN DIE BESTE HANDELSSOFTWARE SCHLÄGT MIT DIESER MT5-SOFTWARE JEDEN MARKT, JEDEN TAG! WOLLEN SIE AN PROP-FIRMEN PASSIEREN, ALGO MAP IST PROP-FIRMENFREUNDLICH! Sie sind neu im Handel und möchten eine Strategie, die langfristig funktioniert? Nutzen Sie unsere in Algo Map integrierte Umkeh
Magic Finger can help you identify trends and trading opportunities clearly. The finger points to the open position signal, and the discoloration line is confirmed by the trend. If you are a day trader, you can choose to trade during a period of active trading, referring to the discoloration line as the basis for the next order, finger signal as a filter. If you are a trend trader, you can choose a period above H1, wait for the appearance of the finger signal in the key price area, and enter th
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
Weis Wave with Alert MT5
Trade The Volume Waves Single Member P.C.
4.94 (16)
Rental/Lifetime Package Options and Privileges  Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Discord Access Channel "The SI traders"          x Rectangle Break Alert Tool      x How to trade with it:    http://www.tradethevolumewaves.com   ** If you purchase please contact me to setup your  : Two hour  webinar and  training Room and  complet
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Renaud Herve Francois Candel
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Version 1.60 2023.07.04
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