[GCB]

Originally Posted by Neal »

GCB - Why don't you swing by and give John a shout out? Your home city is a favored spot of mine. I'm a Longhorn and my son's name is Austin, if that lends any insight. Good trading to you both, minetoo and GCB.

Neal,

Thanks. I actually took the 2-week trial at TTM. But Carter was never there, at least not for long. I actually did send him a message. I have thought about doing the mentoring program with him since we live in the same city, but I have a mentor now who is very good and reasonably priced.

(Another thing Carter doesn't tell us is how he decides which signals to take. Although he is very rigid in his rules, he doesn't give us his rules for why he might, say, favor pivot plays over squeeze plays. But I'm sure that's just discretion on his part. But he doesn't tell us how he decides.)

Basically, this thread has verified what I figured: that the indicators are just ways of getting signals that you can get in other ways. The real meat of trading is being able to read the market pulse and go with it, and be able to jump back in after being stopped out, even in the opposite direction.

Good trading to you, too!

[dalby]

I did a trial membership in their trading room, and found much what everybody else has - candor, robust methodology and an emphasis on market internals.

you can't backtest the squeeze without taking into account internals. I've found that the 5 minute squeeze is a very profitable play IF you filter market internals and support resistance into your trade decision. It also keeps me out of bad trades, like fading a tick extreme and going short right after a long squeeze has fired.

They admit they didn't invent the squeeze. It's a familiar indicator for many.

I programmed my own version in quotetracker using paintbars, and find it useful

I trade differently than john or hubert, but i learned a lot from their free videos and the trial membership.

john also inspired me to start my own mentorship business, so I have him to thank for a successful and enjoyable business.

They didn't invent the squeeze indicator, but merely purloined it from the TS Forum. This is why many traders look twice at their operations and see it for what it really, a money-making operation to provide capital for their own trading account.

Nothing wrong with that, except that they didn't give credit where credit was due (does eKam and the rest of the folks on the TS forum get a royalty check from TTM?) and pass it off as if it was their own development, when they merely refined it, and copy-protected their version.

Aside from that, their site is full of tips and insights that you'll be able to glean, as even the free newsletter has videos that do have some worthwhile info for the average and newbie trader. Seasoned traders probably wouldn't care for TTM, but as Barnum and Bailey said, there's a sucker born every minute!

[ches]

Dalby,

I note with interest that you have programmed the TTM squeeze. I have spent more time looking for the code than it would have taken to learn TS and translate it into QT. In addition, most of the stuff I have found is laughably short of what the TTM squeeze shows. Anyway, are you willing to share the code ?

I know I put that bluntly but I don't believe in flannel !

Regards,
Eric

Originally Posted by ches »

Dalby,

I note with interest that you have programmed the TTM squeeze. I have spent more time looking for the code than it would have taken to learn TS and translate it into QT. In addition, most of the stuff I have found is laughably short of what the TTM squeeze shows. Anyway, are you willing to share the code ?

I know I put that bluntly but I don't believe in flannel !

Regards,
Eric

Since you've found this site, try looking around, and you might just find it when searching....

Otherwise, if you are a TS user, try their support forum as well.

If you haven't found the ORIGINAL by then, you've probably been looking too hard, and in the wrong places!

[ches]

Cooter,

I'm a QuoteTracker user. I've found all sorts of rubbish in all sorts of places. Maybe it's a wood and tree type of thing but I haven't found anything that looks like the TTM squeeze.

Thanks,
Eric

QT has Keltner Channel and Bollinger Bands. Just use those instead for the squeeze. 20 SMA for both. 1.5 ATR for Keltner, 2.0 for Bollinger are the preferred settings, I believe.

As for the momentum settings, try the momentum indicator, set to 12 or 14. However, the actual "momentum" histogram in the TTM indicator is not momentum or ROC at all, but actually the LSMA of the difference between Price and the mid-line of a Donchian channel.

[waveslider]

Hi, sorry if I am overstepping my bounds here, but in the TS forum I believe this TTM squeeze you are looking for is called "nickmnextmove" - something like that.
This is all free stuff, if you know what you're looking for, who wants to spend an hour going through 72 page long forums to find it! Better to be watching the market and waiting patiently, attentively. Coding can be so distracting, and tempting!
PS does anyone actively apply this to market internals or the tick? That would probably be a decent application. I've watched it on stocks, futures and you better have a bunch of filters and know exactly what you are looking for otherwise it is clutter.. IMO