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MicroAl

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    TradersLaboratory.com
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  1. Sorry to hear you could not get this working Here is the settings I am using on Multicharts. No amendments to the code have been made. On the YM H9 5 minute chart. I am using a level of 400 compress. All the other settings I have not changed. The len input is 30. What may be the key is that the session time set for the YM has been set to 9.30 AM to 4 PM. This was set in quote manager for Multicharts. On selecting the study I got an out of bounds error with a number. I found that if I increased the compression setting the quoted number went down on the errror until it disappeared. Then I saw basically an area of yellow on the chart and then messed around with the horizontal scaling until this became clearer. I tried looking at the code, but what is actually happening is beyond me I think the proper session perhaps should be 9.30 to 4.15 but the figures obtained compare very well with other sources. One thing I did not input anything in the sessstarttime field. Perhaps someone who understands more about the coding of this may have some ideas. Incidentially does work on the Nasdaq and ES as well. Best of Luck!
  2. Hi I played about with tihis indicatior and got it working in MultiCharts on the Nasdaq, ES and YM. I altered the compression setting to around 400 or so. Basically kept trying different values until got something showing. Checked the values seem to be ok. Hope it helps
  3. For anyone new to trading considering using this indicator please be aware of the following. Like any trading method , notice should always be taken of the higher time frames. I notice that John Carter advises that many squeezes are not taken if they conflict with a higher time frame. Also even if a squeeze fires off, he will wait for a pull back to a ema. Even then if intraday trades are being taken he will look at market internals such as Tick, Trin Readings and even pit noise sometimes. Oh and he might also look for a TTM Trend change! I will not get involved in a flame war regarding TTM and JC and their indicators but just wanted to advise any newbies that JC does advise not taking every squeeze signal regardless. Unfortunately there is no holy grail in trading, or at least not one in the public domain!
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