For example, a squeeze that fires on an hourly and daily chart simultaneously is a stronger signal than one that fires on one period. As a result, many characteristics appear at the same safety in different time frames for validation. The TTM Squeeze pointers apply to a wide range of timeframes. If a squeeze occurs and the bars are blue (increasing and above the zero lines), he sells when two brighter blue bars (above the zero lines and decreasing) appear in succession. For example, when you have two bars of the latest color, Carter suggests selling them. The motion histogram can be utilized to pinpoint specific exit sites as well. Minor points on the zero lines of the pointer indicate whether the squeeze is on or off: red dots show that the congestion is on, and green dots show that the congestion is off. The squeeze is considered to have “fired” when the Bollinger Bands move back and enlarge outdoors of the Keltner Channel prices are probable to break out of that close-fitting trading choice in one path or the other as volatility rises. A SELL order can be made if the general trend is bearish and the histogram is red. A BUY order can be made if the overall trend is bullish and the histogram is green. TTM squeeze indicator you can use as an excellent signal for a pullback. It’s important to note that no indicator is 100% accurate, and traders should always use multiple indicators and conduct proper risk management when making trading decisions.The TTM Squeeze indicator can be used for multiple time frames, such as intraday, daily, and weekly charts.Traders use the TTM Squeeze indicator to identify potential trading opportunities during periods of low volatility and to avoid entering trades during periods of high volatility.
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