OPEN-SOURCE SCRIPT
MTF TTM Squeeze Pro
/*
Multi-Timeframe TTM Squeeze Pro Indicator
Description:
The "Multi-Timeframe TTM Squeeze Pro" indicator is designed to help traders identify market squeezes and momentum shifts across custom time frames.
It uses Bollinger Bands, Keltner Channels, and a Momentum Oscillator to provide visual cues for trading opportunities.
Key Features:
- Displays squeeze conditions: No Squeeze (Green), Low Compression (Black), Medium Compression (Red), High Compression (Orange).
- Analyzes momentum direction and strength with color-coded histograms.
- Monitors multiple custom time frames: 15m, 30m, 55m, 78m, 195m, 1 Day, and 1 Week.
- Suitable for swing traders and day traders looking for precise entry and exit signals.
How to Use:
- Look for squeezes turning green to signal potential breakouts.
- Follow momentum histogram colors to gauge market sentiment and strength.
- Combine with other technical analysis tools for better decision-making.
Ideal For:
- Swing trading and day trading strategies.
- Detecting consolidation phases before potential volatility expansions.
- Analyzing market momentum across different time frames.
Tags:
#TTMSqueeze #MultiTimeframe #Momentum #TradingViewScript #SqueezePro #DayTrading #SwingTrading
*/
Multi-Timeframe TTM Squeeze Pro Indicator
Description:
The "Multi-Timeframe TTM Squeeze Pro" indicator is designed to help traders identify market squeezes and momentum shifts across custom time frames.
It uses Bollinger Bands, Keltner Channels, and a Momentum Oscillator to provide visual cues for trading opportunities.
Key Features:
- Displays squeeze conditions: No Squeeze (Green), Low Compression (Black), Medium Compression (Red), High Compression (Orange).
- Analyzes momentum direction and strength with color-coded histograms.
- Monitors multiple custom time frames: 15m, 30m, 55m, 78m, 195m, 1 Day, and 1 Week.
- Suitable for swing traders and day traders looking for precise entry and exit signals.
How to Use:
- Look for squeezes turning green to signal potential breakouts.
- Follow momentum histogram colors to gauge market sentiment and strength.
- Combine with other technical analysis tools for better decision-making.
Ideal For:
- Swing trading and day trading strategies.
- Detecting consolidation phases before potential volatility expansions.
- Analyzing market momentum across different time frames.
Tags:
#TTMSqueeze #MultiTimeframe #Momentum #TradingViewScript #SqueezePro #DayTrading #SwingTrading
*/
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.