Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It
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TTM Squeeze Momentum is an enhanced indicator excellent for recognizing consolidation durations available in the market and the beginning of the subsequent explosive transfer.
This improved model is a volatility indicator based mostly on John Carter’s “TTM Squeeze” through which the histogram is predicated on a linear regression slightly than a easy momentum indicator.
Pink dots on the center line point out that the market has entered a “Squeeze” zone or consolidation interval, indicated on this enhanced model by a mixture of the Bollinger and Keltner Bands. These durations point out that the market is getting ready itself for the subsequent explosive transfer. The beginning of this motion is indicated by the inexperienced dots on the center line.
It provides a great mixture with different indicators reminiscent of ADX to anticipate the market and acquire higher entry factors.
Supreme for HOLD , SCALPING and SWING methods
On the similar time, TTM Squeeze Momentum MT4 supplies a system of alerts and notifications on the cell phone and on the MT4 Terminal when the market enters or leaves a consolidation interval.
Among the traits of the indicator are the next:
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- Time saving
- Ease of decision-making for entries and taking full or partial advantages
- Extremely customizable
- Practical in all pairs (Crypto, Foreign exchange, Shares, Indices, Commodities …)
- Excellent for Scalping or Swing buying and selling
- Alerts and notifications on the MT4 terminal and on the cell phone
Enter parameters
Settings:
- BB Lenght: Bollinger Bands’ Interval
- BB Multiplier : Bollinger Bands’ Multiplier
- KC Size: Keltner Bands’ Interval
- KC Multiplier : Keltner Bands’ Interval
- Consumer TrueRange (KC): Use true vary within the Keltner Bands’ calculation
Colours:
- Customise the indicator colours
Don’t hesitate to contact me for any questions and assist
Diego Arribas, non-public investor and speculator, automation engineer within the aerospace trade
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