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John Carters TTM Squeeze with MACD

4.6

This indicator created based on original John Carter's TTM_Squeeze indicator and represents "squeeze" of the market which can be followed (or maybe not) by significant moves. Original indicator prints black dots when Bollinger Bands are inside Kelthner Channels and exactly this implemented in this custom version. Instead of original implementation as momentum indicator MACD indicator with standard settings 12-26-9 is being used.

Mainly, the indicator is useful for understanding when it's better not to open any positions - if black dots appear, it most likely means that there won't be any strong movements in the next 10 (or more) bars.

The main setting is only one - the multiplier of the Keltner Channels, recommended values of which are 1.5 or 2.0. You can also adjust the MACD indicator.


Reviews 5
Gloria Sarpong
723
Gloria Sarpong 2024.04.09 11:33 
 

good stuff

BlackArmor
358
BlackArmor 2024.01.11 01:39 
 

Thank you Danil. Very good Indicator, it does the job as described, simple and straight forward, helping you to make a trade decision.

Anik Chandra Dey Sagor
658
Anik Chandra Dey Sagor 2023.09.13 14:13 
 

super

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The indicator is based on Robert Miner's methodology described in his book "High probability trading strategies" and displays signals along with momentum of 2 timeframes. A Stochastic oscillator is used as a momentum indicator. The settings speak for themselves period_1 is the current timeframe, 'current' period_2 is indicated - the senior timeframe is 4 or 5 times larger than the current one. For example, if the current one is 5 minutes, then the older one will be 20 minutes The rest of the
FREE
The same indicator as here Скачайте Технический индикатор 'John Carters TTM Squeeze with MACD Multitimeframe' для MetaTrader 5 в магазине MetaTrader Market (mql5.com) , but instead of MACD, Bill Williams' AO (Awesome Oscillator) is used. It goes well with a sleeping Alligator to determine periods of "compression-calm", which may be followed by significant movement. It is useful to use an indicator from a higher timeframe (coefficient 5 or 6) to determine the possible direction of a breakout.
FREE
The indicator shows Jake Bernstein's MAC (Moving Average Channel) System signals ---------------------------------------- System assumes several types of entering in trade, in this indicator only one type implemented - on closing of second trigger bar. It is recommended to start using this indicator together with Jake Bernstein's free lessons  https://www.youtube.com/@JakeatMBH/videos Arrow shows signal bar - enter on closing or on opening of the next bar, cross - stop level, dot - minimum profi
FREE
The same indicator that is published here  https://www.mql5.com/en/market/product/105645?source=Site+Market+My+Products+Page , but instead of the MACD, a Stochastic Oscillator is used.  The indicator can be useful for searching for the possibility of opening a position on the Momuntum of multiple timeframes - a method described by Robert Miner in his book "High probability trading strategies". The settings speak for themselves Period - the timeframe for which the indicator is calculated.
FREE
The same indicator as here  https://www.mql5.com/ru/market/product/105089?source=Site+Market+My+Products+Page  but with timeframe change possibility. It is convinient to see picture from different timeframes in the single chart. When using multiple timeframes, it is recommended (A.Elder "The new trading for a living") to adhere to a coefficient of 5 or 6. That is, the two older timeframes for a 5-minute chart will be 30 minutes and 3 hours.
FREE
Trading is challenging, espessially day trading. The main purpose of this program is to prevent the user from losing their account. The most important thing is DO NOT TURN IT OFF. It will not allow you to open abnormally large positions or trade too frequently. It will likely be difficult for you not to disable the program, especially if you are a beginner. If you are losing, you will have the urge to open larger positions and/or to reverse the position in the opposite direction, fearing that th
FREE
AO on Bars
Danil Poletavkin
Bill's Williams Awesome Oscillator signal from his book "Trading chaos 2nd edition" on bars.  Normally this signal is being used for 2nd entry after 1st entry by Divergent bar ----------------------------------------------------------------------------------------------------------- Please make shure that you understand Bill's Williams system before trade with real money using this indicator. Ideal entry setup is: 1) Divergence with zero line AO crossing 2) Divergent bar on top of the final 5th
FREE
Scanner TTM Squeeze MACD
Danil Poletavkin
3 (1)
Market scanner based on the indicator published here  Download the 'John Carters TTM Squeeze with MACD' Technical Indicator for MetaTrader 5 in MetaTrader Market (mql5.com) .  Only the instruments that are in the Market Watch window are scanned. Maximum number of scanning tools up to 5000. The scan timeframe is selected from the timeframe panel of the terminal. To use it, open any chart and attach the Expert Advisor to the chart, the 'Search' button will appear in the upper left corner. When you
FREE
Divergent Bar
Danil Poletavkin
Bill Williams' divergent bar with angulation. The angle between the green line and the top/bottom of the bar is used as an angle, which basically corresponds to the updated recommendations from Justin Williams  Angulation for the Wiseman Bullish and Bearish Divergent Signal Bar - YouTube . The default settings of the angle of 85 and 21 bar from the moment of crossing the lip line of the Alligator work quite well. If you use this indicator in real trading, I highly recommend not to engage in day
FREE
Market scanner based on the indicator published here Download the 'Divergent Bar' Technical Indicator for MetaTrader 5 in MetaTrader Market (mql5.com) . Only the instruments that are in the Market Watch window are scanned. Maximum number of scanning tools up to 5000. The scan timeframe is selected from the timeframe panel of the terminal. To use it, open any chart and attach the Expert Advisor to the chart, the 'Search' button will appear in the upper left corner. When you click on the button, t
FREE
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Gloria Sarpong
723
Gloria Sarpong 2024.04.09 11:33 
 

good stuff

hoang2309
14
hoang2309 2024.01.21 16:55 
 

hi. it not work free now?

Danil Poletavkin
5510
Reply from developer Danil Poletavkin 2024.02.02 12:55
Why? Still free
BlackArmor
358
BlackArmor 2024.01.11 01:39 
 

Thank you Danil. Very good Indicator, it does the job as described, simple and straight forward, helping you to make a trade decision.

Wilson Pinheiro
18
Wilson Pinheiro 2023.12.01 22:55 
 

Olhando as movimentações no M2 com as médias 26 e 13 exponencial, tem funcionado muito bem.

Anik Chandra Dey Sagor
658
Anik Chandra Dey Sagor 2023.09.13 14:13 
 

super

Danil Poletavkin
5510
Reply from developer Danil Poletavkin 2023.09.13 15:03
Thank you!
Reply to review
Version 1.5 2023.09.18
Issues fixing
Version 1.4 2023.09.13
Adding parameters for MACD
Version 1.3 2023.09.11
Issues fixing
Version 1.2 2023.09.11
Performance issue fixed