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TTM Squeeze Indicator for MT5

TTM Squeeze is an indicator to time entries based on volatility.

Good timing might be more important than direction. If you are right with direction but you don't have correct timing then you could end up losing money in the market.

If you have good timing and only pick direction correctly 50% of the time you might be profitable with correct risk management.


The indicator will plot red and white points (squeeze line in the center) and histogram (above and below the center line).

When the indicator draws red points then it means the market is ready to shoot (see example in screenshot).

The histogram tell us about the strength of the momentum in price. This is an indication of the direction of the next move.

You can customize colors for the indicator, both for the squeeze line and the histogram.

You can receive alerts once a signal is confirmed (at the close of the candle). You have many options to receive the alerts: popup window, email, notification, sound.

Inputs:

  • Period (default 20) - period used for the calculations of the Bollinger and Keltner bands
  • BollingerMulti (default 2.0) - is the factor used for calculation of the Bollinger bands with the standard deviation.
  • KeltnerMulti (default 1.0) - is the factor used for the calculation of the Keltner bands with the true range.
  • UseAlerts (true/false) - set to true to enable alerts management.
  • PopupAlerts (true/false) - set to true to receive alerts of type pop-up box window.
  • EmailAlerts (true/false) - set to true to receive alerts over email.
  • PushAlerts (true/false) - set to true to receive alerts to your mobile using MetaTrader notifications.
  • SoundAlerts (true/false) - set to true to receive alerts of type sound.
  • SoundFile - name of wav file to be used to play sound alerts.


Some indicators use simplified formulas for the calculation of the squeeze. This indicator uses the complete formulas as designed by the original creator of the indicator.

The indicator can be used with any class of instruments: forex, stocks, commodities, etfs, bonds.

The indicator can be used with any time frame.


The higher the time frame you choose, the smaller the quantity of signals.

For my personal use, I like to trade the H1 time frame.

The indicator will give few signals but they are quite accurate.

 

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HighLow Arrow Indi Free Version
Renaud Candel
HighLow Arrow is a simple indicator to be used to signal major lows and major highs in your chart. This indicator is not intended to be used to trade. It is just a visual help to have clean chart and see price action. The HighLow Arrow is used by traders using the Micro Trend System ( https://www.mql5.com/en/market/product/20589 ). In this case the HighLow Arrow indicator signals that a new high or a new low is forming and that traders can prepare for seeking new signals with the Micro Trend Sys
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Round Numbers Indicator
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Round Numbers indicator is a simple but useful indicator to draw 00 and 50 price levels in your chart. These levels act as supports and resistance and therefore have to be taken into account when trading. These levels can be used as profit target for instance. Inputs of the indicator are: GridColor00: color to be used for xx00 levels GridStyle00: line style to be used for xx00 levels GridWidth00: line width to be used for xx00 levels GridColor50: color to be used for xx50 levels GridStyle50: lin
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Dashboard Display indicator
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With the Display indicator you can create a nice, customized and professional dashboard in a few minutes. You can get your personal dashboard and have a look at a glance of real time updated professional indicators. You can use the Display indicator with any symbol of your platform. You also can use specific symbols like: DXY indicator (USD Index) VIX indicator (Fear index indicator from the Chicago Board Option Exchange, requires to purchase DisplayVIX EA to have it working fine) These two indi
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Daily Pivots Multi
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Daily Pivots Multi is an exclusive indicator to draw your pivots levels and much more. Most indicators draw daily pivots for the day. Daily Pivots Multi is able to draw levels for different days. The indicator can do the calculation for unlimited number of days backward. It means that you can draw the levels for today but also for the past days. This is very useful if you want to study a strategy with Pivots levels over a period of time. Another problem is that each broker uses a different time
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BinaryG Market Analyzer
Renaud Candel
BinaryG is an exclusive indicator to trade Binary Options and Forex with your Metatrader trading platform. BinaryG is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. BinaryG is a unique leading indicator. The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action. Usually purple and yellow arrows. BinaryG
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BinaryMagic Reversal
Renaud Candel
BinaryMagic Reversal is an exclusive indicator to spot situations where market has gone too far and market could reverse. The indicator displays arrows in your chart indicating probable future price action (see screenshot attached). By default, it uses orange arrows. BinaryMagic never repaints. Once candle is closed signal is confirmed and arrow will never disappear. Users of the indicator can setup alerts when new arrows are displayed in the chart. Inputs of the indicator MaxBars: bars to dra
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Market Speed Alerter
Renaud Candel
Market Speed Alerter will inform you about danger to operate in the market. Imagine you see a very nice setup (Forex, equities, binary options) and you decide to place your trade... And you finally lose your trade and don't understand what happened. This can happen due to big operations in the market carried out by banks and big institutions. These operations are invisible for most people. Now with the Market Speed Alerter you will be able to detect those operations... and stay out to avoid lose
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Dashboard DisplayVIX EA
Renaud Candel
DisplayVIX is part of the Dashboard Display suite. With the Dashboard Display you can create a nice, customized and professional dashboard in a few minutes. With the Dashboard Display you can get your personal dashboard and have a look at a glance of real time updated professional indicators. DisplayVIX is the EA that makes it possible to display VIX indicator in your dashboard. VIX gives indication about volatility and stability of the market. It is a very important indicator for all profession
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Normalized Volume
Renaud Candel
99% of indicators are based on price analysis. This indicator is based on volume. Volume is underestimated piece of information in most trading system. And this is a big mistake since volume gives important information about market participants. Normalized Volume is an indicator to confirm reversal points. You could enhance dramatically your trading system using Volume analysis. This is what most professional traders do. Inputs of the indicator are followings: MaxBars: number of bars in the char
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Volume Price Confirmation Indicator VPCI
Renaud Candel
VPCI means Volume Price Confirmation Indicator. This indicator was created by Buff Dormeiers in an effort to codify price volume confirmation in an indicator. VPCI won the Dow award in 2007. You can build profitable trading system with VPCI like John Bollinger did. This indicator is now available with Metatrader platform. Inputs of the indicator are: MA_ShortPeriod: short period of moving averages to be used for calculations MA_LongPeriod: long period of moving average used for calculations MA_S
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Fisher Kuskus
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Fisher Kuskus is an indicator used by scalpers on low time frames like M1. The Fisher Kuskus is now available on Metatrader platform. Inputs of the indicator are : Period : period to be used for calculation of the indicator PriceSmoothing : value of 0.0 to 0.99 IndexSmoothing : value of 0.0 to 0.99 The indicator can be used with any Forex pair. It can also be used with other classes of assets, like Equities, Commodities, Futures.
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Color Volume Indicator
Renaud Candel
Color Volume is a user friendly indicator to analyze volume of market assets. Volume is rarely used by traders who are more focused on price action. This is a big mistake since volume gives valuable information about market participants. Volume is very useful to spot reversal zones and is used by all professional traders. Take advantage of volume analysis to get an edge in the market. Inputs of the indicator are the following: MA_Period: period to be used to calculate mean volume MaxVol: level o
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Matrix Indicator
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Matrix Indicator is a simple but effective indicator. Matrix indicator displays usual oscillators indicators in a user friendly color code indicator. This makes it easy to identify when all indicators are aligned and spot high probability entries. Inputs of indicator are: Indicator: RSI, Stochastic, CCI, Bollinger Bands Param1/Param2/Param3: usual settings for the indicator ValueMin: Oversold level for oscillator ValueMax: Overbought level for oscillator The indicator can be used with any class
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Keltner Channel Indicator
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Keltner Channel is an oscillator like Bollinger Bands. Keltner Channel displays a channel where price is supposed to stay unless we are in overbought or oversold situations. Various strategies use Keltner Channel indicator successfully to spot overbought / oversold situations and look for reversals. Keltner Channel indicator uses ATR to determine overbought and oversold situations. Inputs of the indicator are the followings: Keltner Period: period to be used for the moving average calculation Mo
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Trend Direction ADX
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Trend Direction ADX is part of a serie of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time : trend direction, trend strength, volatility, etc.. Trend Direction ADX is an indicator to be used to characterize trend direction : trending up trending down ranging Trend Direction ADX is based on ADX standard indicator. Trend Direction ADX displays easy to
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Volatility Strength
Renaud Candel
Volatility Strength Indicator is part of a series of indicators used to characterize market conditions. Almost any strategy only work under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Volatility Strength is an indicator to be used to characterize volatility of asset: high volatility medium volatility low volatility Volatility Strength Indicator displays easy to read information a
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Binary Reversal Seeker
Renaud Candel
Binary Reversal is an exclusive indicator looking for reversals in the market. The indicator is accurate and produces effective entries both for binary options and Forex trading. The indicator displays arrows in your chart (please see screenshots attached) showing the probable reversal of price action (usually, blue arrows). Binary Reversal never repaints. Once a candle is closed, a signal is confirmed and the arrow never disappears. Users of the indicator can setup alerts when new arrows are di
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Trend Strength M Indicator
Renaud Candel
Trend Strength M is a part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore, it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc. Trend Strength M is an indicator to be used to characterize trend strength: Up extremely strong Up very strong Up strong No trend Down strong Down very strong Down extremely strong Trend Strength M is based o
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OBOS Indicator
Renaud Candel
OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. To use the indicator, please follow the rules: wait for the indicator to give you an overbought or oversold signal (usually blue an
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Heiken Color Indicator
Renaud Candel
Heiken Color is a simple indicator showing Heiken Ashi candles color, not in your chart but rather in a separate window. The indicator is useful if you want to use Heiken Ashi indicator without changing your chart display. Heiken Ashi can be used to filter signals or spot better entry after another indicator gave you a signal. Heiken Color indicator has no inputs. Heiken Color indicator can be used with any class of assets: Forex, Equities, Commodities, Futures. Heiken Color indicator can be use
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Money Manager Indicator
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Money Manager is an exclusive panel to process all calculations related to position sizing and risk management. Position sizing is one of the most important aspect in trading. It is often neglected by traders and this is a big mistake. Traders often look for strategies with high win rates whereas in fact one can earn very good money in the market with only 40% to 50% winning rate. How is that possible to earn money with such a low winning rate ? The answer is position sizing and risk management.
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Money Manager EA
Renaud Candel
Money Manager is an exclusive panel to process all calculations related to position sizing and risk management. Position sizing is one of the most important aspect in trading. It is often neglected by traders and this is a big mistake. Traders often look for strategies with high win rates whereas in fact one can earn very good money in the market with only 40% to 50% winning rate. How is that possible to earn money with such a low winning rate? The answer is position sizing and risk management.
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Bar Strength Indicator
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BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos. BarStrength Indicator shows the strength of each candle. The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market. Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles. Once candle is near support it is highly probable that price move
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Trend Direction UD Indicator
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Trend Direction UD is part of a series of indicators used to characterize market conditions. Almost any strategy only works under certain market conditions. Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc.. Trend Direction UD is an indicator to be used to characterize trend direction: trending up trending down ranging Trend Direction UD is based on technical analysis. Trend Direction UD displays easy to read inf
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Micro Trend System
Renaud Candel
Micro Trend System is an exclusive indicator that combine 4 trend indicators and that come with a complete set of rules to trade Binary Options. The Micro Trend System can also be used to scalp forex. Most trading systems look for tops and bottoms to enter trades but this is very tricky to trade this way. The Micro Trend System looks for a micro trend and for continuation of this trend on the short term which is much easier and safer to trade. To have reliable indication of the trend we combined
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Micro Trend Arrow
Renaud Candel
Micro Trend Arrow is an exclusive indicator that combine more than 4 trend indicators and that come with a set of rules to trade Binary Options. Micro Trend Arrow is based on Micro Trend System ( https://www.mql5.com/en/market/product/20589 ) with further signal filters and use of arrows that display in the chart to show signals. Most trading systems look for tops and bottoms to enter trades but this is very tricky to trade this way. The Micro Trend Arrow looks for a micro trend and for continua
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Easy Fibo Indicator
Renaud Candel
EasyFibo is an exclusive indicator to use fibo levels in a very simple way. Fibonacci levels is a very important tool in trading, used by technical as well as fundamental traders. Unfortunately usual fibo indicators are difficult to use. Now with EasyFibo it is easy to use fibo levels to trade. The indicator uses color codes to identify the extensions levels that match with the pullbacks levels. Once you identify a pullback in a trend you can easily set your profit target using the EasyFibo indi
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FX Sniper Yellow
Renaud Candel
FX Sniper Yellow is an exclusive leading indicator to trade Forex with your Metatrader trading platform. FX Sniper Yelow is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. FX Sniper Yellow is a unique leading indicator . The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action. FX Sniper Yellow never rep
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FX Sniper Magenta
Renaud Candel
FX Sniper Magenta is an exclusive leading indicator to trade Forex with your Metatrader trading platform. FX Sniper Magenta is able to analyze market participants behavior and to predict changes in the price direction even before movement starts. Most indicators are lagging indicators and are useless. FX Sniper Magenta is a unique leading indicator . The indicator displays arrows in your chart (please see screenshot attached) showing the probable direction of price action. FX Sniper Magenta neve
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Inside Bar Indicator
Renaud Candel
Inside Bar is a very popular candlestick pattern. Inside Bar indicator can be used to trade Forex, Binary Options or any class of assets. The present indicator will detect inside bar candles in the chart and will generate alerts. Inputs of the indicator are Symbol: type of char symbol to be displayed in the chart to show Inside Bar patterns CustomCode: char code to be used as custom char symbol (works only with Symbol=_Custom) Position: position of symbol relative to the candle (above or below
93 USD
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Version 1.20 2020.04.21
No change in functionality - technical update only