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TTM Squeeze - TTM Squeeze
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RabC  
#1 Posted : Monday, December 8, 2008 4:08:01 AM(UTC)
RabC

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Posts: 4

Does anyone know the code to program John Carter's TTM Squeeze indicator. It seems to be available on every system apart from Metastock, cheers.
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johnl  
#2 Posted : Wednesday, December 10, 2008 10:20:20 PM(UTC)
johnl

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Here is some logic for it I found on the internet:

When Bollinger Bands (BB) fit inside the Keltner Channel (KC), a breakout is about to occur. It works on longer term charts, such as 15 minute to daily charts.

This code creates an indicator that plots the ratio of BB width to KC width. When BB and KC widths are the same, the ratio (BBS_Ind)is equal to one (1). When the BB width is less than the KC Width (i.e. BB fit inside KC), the BBS_Ind is less than one and a breakout is indicated.

Sounds interesting so I will play around with it and post my results in a few days.
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johnl  
#3 Posted : Friday, December 19, 2008 8:52:10 PM(UTC)
johnl

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Here is something that may start you in the direction you want:
I like the chart because you can see the squeeze.

{ ©Copyright 2004~2005 Jose Silva }
{ For personal use only }
{ http://www.metastocktools.com }

{ User inputs }
pds:=Input("Keltner/Bollinger Bands periods",
1,252,10);
spread:=Input("Keltner Bands % spread",
0,1000,100)/100;
dev:=Input("Bollinger Bands deviation",
.001,10,1);
plot:=Input("[1]Keltner, [2]Bollinger, [3]Keltner+Bollinger",1,3,1);

{ Keltner bands }
KBmid:=Mov(Typ(),pds,S);
KBtop:=KBmid+Mov(H-L,pds,S);
KBtopDiff:=(KBtop-KBmid)*spread;
KBtop:=KBmid+KBtopDiff;
KBbot:=KBmid-Mov(H-L,pds,S);
KBbotDiff:=(KBbot-KBmid)*spread;
KBbot:=KBmid+KBbotDiff;
KBwidth:=KBtop-KBbot;
KBwidthAvg:=Cum(KBwidth)/Cum(KBwidth>-1);

{ Bollinger bands }
BBtop:=BBandTop(C,pds,S,dev);
BBmid:=Mov(C,pds,S);
BBbot:=BBandBot(C,pds,S,dev);

{ Plot on price chart }
If(plot=1,KBtop,BBtop);
If(plot=1,KBmid,If(plot=2,BBmid,KBtop));
If(plot=1,KBbot,BBbot);
If(plot=1,KBbot,If(plot=2,BBbot,KBbot))
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Derek Worswick  
#4 Posted : Tuesday, May 8, 2012 12:09:57 PM(UTC)
Derek Worswick

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Posts: 104
Code: { User inputs } NPeriod :=Input("Bands Channel's Periods", 1,252,20); BBStdDev :=Input("Bollinger Bands Deviation",.001,10,2); KTStdDev :=Input("Keltner Bands Deviation",0.0,10,1.5); MoPeriod :=Input("Momentum Periods",1,50,12); MoEMA :=Input("Momentum EMA Periods",1,20,5); {Bollinger Bands} HBLine := BBandTop( C, NPeriod, E, BBStdDev); LBLine := BBandBot( C, NPeriod, E, BBStdDev); {Keltner Bands} HKLine := Mov(C,NPeriod,S) + KTStdDev * ATR(NPeriod); LKLine := Mov(C,NPeriod,S) - KTStdDev * ATR(NPeriod); MoHist := Mov((C - Ref(C,-MoPeriod)),MoEMA, E); BBUp := If((HBLine > HKLine) AND (MoHist > 0), MoHist, 0); BBDo := If((LBLine < LKLine) AND (MoHist < 0), MoHist, 0); BBMid1:= If((BBUp = 0) AND (BBDo = 0) AND (MoHist > 0), MoHist, 0); BBMid2:= If((BBUp = 0) AND (BBDo = 0) AND (MoHist < 0), MoHist, 0); BBUp {Histogram - Blue}; BBDo {Histogram - Red}; BBMid1 {Histogram - Gray}; BBMid2 {Histogram - Brown};
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Derek Worswick  
#5 Posted : Tuesday, May 8, 2012 12:24:51 PM(UTC)
Derek Worswick

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Joined: 8/11/2005(UTC)
Posts: 104
To Moderator How do you create a "code Box or Panel to enter MS formula code Derek
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jjstein  
#6 Posted : Tuesday, May 8, 2012 3:21:50 PM(UTC)
jjstein

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Location: Midwest, USA

Was thanked: 1 time(s) in 1 post(s)
Put between tags of * code* and * /code*, without the space after the asterisk.
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