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nburgess
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Posts posted by nburgess
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The trouble with ADX is that it's so laggy that by the time it tells you the market is going sideways a trend is starting to form again. It's best to augment ADX with more responsive AMAs.
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A lot of his indicators are described in his book "Four Steps To Trading Success".
BB Squeeze indicator
in Technical Analysis
Posted
Basically the TTM Squeeze fires when the Bollinger goes from inside to outside the Keltner channels. What I have found is that it helps to change the width of the Keltner channels depending on the volatility of the markjet that day. The 20/1.5 default is good, but I've also found changing the 1.5 value to anything between 1.5 and 2 can also give very good results. I tend to go for a higher value when the markets are more volatile otherwise you find you never get a squeeze signal.