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TTM Squeeze indicator for MT5 by ITC

TTM Squeeze Indicator

TTM Squeeze is an indicator to time entries based on volatility.
TMM Squeeze might well be one of the best and most overlooked indicator. It was created by famous trader John Carter and is also used by many traders like Nathan Bear.
Why is the TTM Squeeze indicator important? Because in trading correct timing entries might be more important than picking the right direction. This is a concept that is not very well understood in the trading community. Most trader think that they will make money if they can predict market direction. Only very experienced traders like Nathan Bear are well aware of the importance of timing to make money in the market. And the purpose of TTM Squeeze indicator is exactly to time entries and this is why this indicator is so important.

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).
Indicator also draws histogram showing momentum. This is an indication of the direction of the next move. The histogram tell us about the strength of the momentum in price.
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 of the indicator are:

  • 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, Indices, Futures, Commodities and Cryptos
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.

Other indicators for MT5:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.

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This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
Elliot Waves Analyzer Pro
Viktor Weidenthal
3.25 (4)
Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.   For an Overview  " Elliot Waves Anal
SMCpro
Arief
5 (1)
SMCpro MT5  Original Price  $440   ---  Currently Price  40% OFF  ( for unlimited use ) Hello World! Introducing.. SMCpro tool and Indicator for  MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. Built on the foundation of advanced algorithms and real-time data analysis, SMCpro tool and Indicat
Weis Wave with Alert MT5
Trade The Volume Waves Single Member P.C.
4.93 (15)
Rental/Lifetime Package Options and Privileges  * For optimum results the yearly or lifetime package is suggested due to live training ! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology training x How to trade with it:    http://
VTrende Pro
Andrii Diachenko
5 (1)
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
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Version 1.60 2023.07.04
New compilation