4/10/2024 0 Comments Squeeze momentum indicator redditThere are three major components to the TTM Squeeze Indicator:Įach component plays a key role in this unique indicator. This indicator allows us to identify periods of consolidation and anticipate when momentum is about to kick in.Īdditionally, it helps the trader to not only identify periods of consolidation but also indicate which direction the trade is about to take for its next move. The TTM indicator measures the relationship between two popular studies: The Bollinger Bands and Keltner’s Channels. It allows me to pinpoint my entries and trade with confidence.Īnd today I’m going to give you a lesson on how to get the most out of it. What do I do to try to overcome these common problems traders face in a strong trending market? This makes it difficult to sometimes locate spots to enter trades.Īfter all, you want to be disciplined, but you also don’t want the stock to “run away” from your price. For instance, if we use a 5-minute chart, the squeeze condition will persist for at least 40 minutes (5 * 8 = 40).Make no mistake about it, the market is hot. Moreover, once the squeeze starts, it usually lasts for 8 or 10 bars on average. However, most traders believe that the opportune time for carrying out a trade would be as soon as the dots turn from green to red or vice versa. ![]()
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