When the Bollinger Bands exit the channel, the dots turn green, which means that there has been an impulse in one of the directions. When Bollinger Bands pass through the Keltner Channel, the asset is in compression/consolidation, represented by red dots. The dots represent Bollinger Band and Keltner Channel data. Thanks to the TTM Squeeze Indicator, a trader can determine the moment before an asset enters a trend, so the trader has the opportunity to prepare a trade in advance. The idea of the indicator is to help the trader to indicate the beginning of a certain trend, it can be either going down or vice versa. The indicator is based on price compression measurement data using Bollinger Bands and the Keltner Channel. Leaves Market- A market participant leaves the bid or ask completely.MT4 TTM Squeeze Indicator is made up of two main components for calculation: these are the dots that indicate the beginning / end of a squeeze (impulse price movement) and of the histogram of this impulse.Refreshes Quote - A market participant refreshes its quote price and size.Decreases Share Size- A market participant retains its quote price but decreases its share size.Increases Share Size- A market participant retains its quote price but increases its share size.Downticks- A market participant not at the inside decreases its quote price.Upticks- A market participant not at the inside increases its quote price.Leaves Inside- A market participant moves away from the inside price.Joins Inside- A market participant changes its quote price to the inside price.Inside Downticks- The inside price decreases.Inside Upticks- The inside price increases.NOTE: Because the Score is a dynamic calculation, the score values in StreetSmart Edge® will likely not match the values shown in the Dynamic Ticker in StreetSmart Pro®. The Net Value is the sum of all the signal weights for a particular symbol over the last time frame by summing the green (+1) and red (-1) messages that have been received for each stock.The Activity Rate is the amount of market participant activity that has occurred for a particular symbol over the last time frame by counting the number of momentum signals for that stock.Combining these values compensates for the unfavorable behavior of the Net Value on low activity stocks and allows the Score to give a much more reliable movement indication. The Score combines a symbol's Activity Rate and Net Value (explained below) into a single strength value. The tool only shows the amount of price increasing (green) or price decreasing (red) activity that the market participants have been engaged in. It is tempting to interpret these signals as showing price velocity or in other words, the speed and direction the price change of a particular stock. It is important to understand what the momentum signals show. The tool tracks the incoming quote signals for a configurable period of time, separates the incoming signals by stock, and then displays the accumulated data. The graphical tickers are designed to address these remaining two complexities. However, the separation problem and the memory problem still remained. The third complexity involves the difficulty of accurately remembering the flow and direction of signals for extended periods of time, especially when multiple stocks are being tracked.īasic price tickers were originally designed to simplify the first problem by color-coding the ticker data green or red to indicate buy or sell pressure.

The second complexity is separating intermingled signals of different stocks from one another. In other words, quickly deciding if a particular signal represents buy or sell pressure. The first complexity is determining the movement potential of a signal (types of signals used in the Momentum tool are described at the bottom of this page). However this skill has traditionally been made difficult by three complexities. Reading the ticker tape is an old trading method. As with any other tool or technical indicator, it the Momentum Tool should not be used as a sole means of investment research. The Momentum tool can help remove this burden by counting the messages, separating them by stock, and displaying the overall 'redness' or 'greenness' of the data for each stock. uptick, downtick, refreshed quotes, etc.) In the past, one had to watch for a large number of red or green messages scrolling through a ticker to get a feel for the momentum of a stock. The Momentum tool gives a summary of the market participants' recent activity in a stock (i.e. Understanding the Momentum Tool Understanding the Momentum Tool Overview

Squeeze momentum indicator meaning