Best ttm squeeze settings pdf

Best ttm squeeze settings pdf. The Squeeze indicator finds sections of the Bollinger Bands® study which fall In this video, Dr. I derived John Carter's Pro Squeeze indicator. By combining Bollinger Bands, Keltner Channels, and a momentum oscillator, traders can gain unique insight into market conditions and potentially benefit from significant price Aug 22, 2021 · Overview to Trading the TTM Squeeze Setup. Author. Create a Visual Squeeze Dashboard for the Triple Squeeze. The strategy takes the volume and moving averages into consideration, this combination causes for great signals. The Squeeze indicator finds sections of the Bollinger Bands® study which fall The Squeeze Momentum. For those of you who enjoy using the TTM Squeeze & Momentum indicator, this should be a handy addition to your ThinkorSwim chart setup. TTM squeeze strategy to pair with overlay study. Jan 29, 2024 · The TTM Squeeze Indicator is a volatility and momentum technical tool used by traders to identify periods of market consolidation and anticipate potential breakout directions. Mar 18, 2022 · The TTM squeeze indicator is a analysis tool used by traders to identify when they can enter or exit a market for the best chance of profitability. Day traders like me will scan for and monitor the day’s stocks that have: •relatively high volume •daily ATR > $1 •avg daily vol. The TTM Squeeze is a combination of three well-kn Oct 27, 2021 · The Squeeze Pro indicator introduces high and low compression squeezes to the traditional Bollinger Band squeeze. 1. The TTM_ScalperAlert is a great tool for runaway markets. A green dot means that we are not currently in a squeeze. Bitstamp chart with ttm squeeze 1h + GODMODE 3. The TTM Squeeze from John Carter is a powerful volatility indicator designed to identify periods of low volatility and anticipate potential breakouts. " This is done after 3 higher closes or 3 lower closes. The Squeeze is an indication that a potentially explosive move in price is coming. Look for momentum to break out in direction of trade. input dStr =aggregationPeriod. May 3, 2023 · I'll share a TTM Squeeze setup that is currently triggering, and has been a consistent winner every single time it has triggered over the past 5 years. The Squeeze Momentum was originally a derivative of John Carter's "TTM Squeeze" volatility indicator & was popularized by Lazy Bear on TradingView back in 2014. The material is highly exam focused and Sep 10, 2018 · Minimum bar duration period for the squeeze (default is set to 3 bars, i. Understand How the TTM Squeeze is Calculated. The squeeze is a multi component indicator. The Squeeze indicator finds sections of the Bollinger Bands® study which fall Below is a real example of using the TTM_Squeeze Indicator. (To enter the $100 and $50 competition you must signup via Oct 27, 2021 · 27 de octubre de 2021 por X-Trader. simplertrading. The colors represent the dots on the squeeze. Timing entry into a runaway market is haphazard at best and can be akin to stepping in front of a freight train. Mar 14, 2024 · TTM Squeeze. It provides visual signals for both consolidation (squeeze) and potential breakouts (release). The TTM Squeeze indicator can help forecast market trends with signals. You can select whichever timeframe you would like to scan for TTM squeeze. As the name suggests, the goal is to anticipate when momentum is about to turn AND when a Jul 15, 2019 · It's a lower study. Differences between the original TTM Squeeze and TTM Squeeze Pro: -> Both use a 2 standard deviation Bollinger Band ; -> The original squeeze only used a 1. The Oscillator can be adjusted. How to use the TTM indicator in 3 easy steps: Find areas of consolidation, the red dots. So one of my favorite strategies to use is the TTM Squeeze indicator paired up with the Bollinger Bands. It can be used on different time frames, the longer the time frame the more powerful the move is expected to be. ly/3zCgLJ0🔥 BIG 3 SQUEEZE BUNDLE 🔥 - Big 3 Bu The Squeeze (TTM_Squeeze) John uses this chart frequently. The script will add the status of the TTM Squeeze for stocks on your watchlist via a new column. Histogram > TTM_Squeeze (). Find Hidden Squeeze Patterns With the New Squeeze. The Technical Indicator Guide is an educational tool that can help you learn about the indicators and overlays that are available on Fidelity’s platforms. You can pick up the Squeeze HERE. length=20 lengthkc=20 mult=2. sum (TTM_Squeeze (). He usually uses this chart for swing trades. Jan 25, 2022 · TMO with TTM Squeeze. Thanks to JS who helped with parts of the code. Since there is still time to expiration in this spread, the investor rolls up the spread closer to the price with the short put at around 20-delta. Jason Bush. In the TTM squeeze available for free on Thinkorswim, changing the "nbb" input setting from 2. Note: The Keltner Channel used in this post is the modified version by Linda Rasche. Nov 29, 2020 · 🚀 Sign Up for the FREE Focused Trades Newsletter for more market insights and trade videos here: https://bit. Jun 20, 2022 · Learn how to use TTM_Squeeze and Squeeze Pro to find moments in time where a greater-than-expected move might be about to happen leading to bigger gains. Blue: lower than previous and above zero. It’s a leading indicator and this upgraded version is calibrated to the three Squeeze Pro power levels. Jan 31, 2024 · 5 minutes is a typical working time frame for a day trader. The Squeeze Pro is used to both find areas of consolidation (the squeeze) as well as assess the momentum and Apr 22, 2022 · The gray dot Squeeze, call it a "low squeeze" or an "early squeeze" - this is the easiest Squeeze to form based on its settings. TTM Squeeze is a volatility and momentum indicator introduced by John Carter of Trade the Markets (now Simpler Trading), which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. Application of the TTM squeeze and the short-term momentum TTM Wave A in action. Normally the default is 6. Technical Analysis uses historical data in order to attempt to identify future securities price movements. It still requires to add several to see which time frame is in a squeeze. Therefore, if we sum up the values {5, 10, 15, 5, 10} and divide them by Jan 18, 2023 · BEST VWAP Scalping Trading Strategy – Secret VWAP Strategy Explained. just toggle inflatesqueezeclouds to yes and change the inflatevalue. Arrow indicates there was a change in the state of the squeeze 3 trigger bars back (including current bar). 3. Once there is no longer a squeeze and it is moving in the direction you predicted, plan your exit. #1. See the Squeeze Pro Signal Arrows example in below screenshot. You can change the values of Keltner or Bollinger in the settings. In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. TTM Squeeze Pro. Trend Analysis ttmsqueeze. When the market volatility decreases, the standard deviation of the stock Continued Jan 20, 2022 · Buy two Nov 19 LOW $185 puts at $1. Description. Last edited: Feb 7, 2020. This strategy is ideal for traders looking to capitalize on short-term momentum changes. Technical traders decide when to use delta when trading options. Oct 14, 2023 · The TTM Squeeze indicator is a volatility and momentum indicator developed by John Carter that capitalizes on the price’s tendency to change strongly after consolidating in a compact trading range. I’m often referring to an indicator called the TTM Squeeze, created by John Carter and featured in his great book, Mastering the Trade. Technical traders examine when to apply directional options strategies and when to sell premium. Sep 7, 2023 · The TTM Squeeze Indicator is a trading tool that combines the power of Bollinger Bands® and Keltner Channels. 0 to 2. (i. Traders often adjust the settings to match their preferred trading style and the specific assets they are trading. 11:10 Mobius: kathy - You can move that signal by using your existing condition as a definition and assgining the plot an index. MONTH then "M". Trading Breakouts Using the TTM Squeeze Indicator. How Squeeze Pro Benefits Traders. It also includes the momentum histogram. The Dec 31, 2021 · Credits: -> John Carter creating the TTM Squeeze and TTM Squeeze Pro -> Lazybear's original interpretation of the TTM Squeeze: Squeeze Momentum Indicator -> Makit0's evolution of Lazybear's script to factor in the TTM Squeeze Pro upgrades - Squeeze PRO Arrows This is my version of their collective works, with amendments primarily to the Squeeze Conditions to more accurately reflect the color The TTM Scalper Indicator white Paint bar marks a "pivot high" or "pivot low. Forex Trading System – Following The Trend To keep threats down, I suggest simply choosing the 200 Day Moving Typical. There are three components to this indicator: 1. Apr 1, 2022 · How to Trade the TTM Squeeze Indicator the Right Way [SECRET HACK]📈 𝗧𝗧𝗠 𝗦𝗾𝘂𝗲𝗲𝘇𝗲 𝗠𝗮𝘀𝘁𝗲𝗿𝘆 𝗖𝗼𝘂𝗿𝘀𝗲 (𝗙𝗥𝗘𝗘 w/purchase The TTM Squeeze indicator is one of the most useful momentum indicators we can use in the market to help us identify the entry and exit point in a trading. The indicator’s volatility component gauges price compression by applying Keltner Channels and Bollinger Bands. The TTM Scalper Indicator measures the price action when you trade market. 5 will give the more frequent squeezes he talks about in his webinars and changing it "nbb" from 2. Read John Carter’s “Mastering the Trade” and he explains the entire strategy and how to use the indicators. A more specific explanation is here. When used in conjunction with other technical analysis tools or fundamental Description. Feb 16, 2023 · This updated version of the TTM squeeze now includes 3 levels of squeeze, low, mid and high compression rather than the previous mid squeeze only. As you can see, it shows the monthly, daily, 195 min, and 78-minute time frames. And finally, the yellow dot squeeze, call it a "high squeeze" or "power squeeze" - is the most difficult to form and suggests price is under Jul 8, 2019 · The Keltner Channel is an Envelop-based indicator (others include Bollinger Bands, Donchian Channels, etc. You can favorite it to use it on a chart. You can use TTM Squeeze for trading pullbacks or consolidation breakouts. I prefer the oscillator at 13, as. Once he stopped chasing profits and focused on this proven setup he went from blowing accounts to racking up 7-figure trades. Developed by John Carter, it combines the qualities of Bollinger Bands and Keltner Channels to measure the market’s volatility. Learn how it combines Bollinger Bands, Keltner's Channels, and a Momentum Oscillator to spot market breakouts and volatility, giving traders a competitive edge. My hope is to make a label - just like yours - that tells me what color dot the squeeze is at for a given timeframe. For this strategy, we want to alter it to 1. This spread picked up another $171 (50% of max profit) on October 14th, which is when the squeeze turned green. We'll look at the 5-minute, 3-minute, and 1-minute time frames Jun 29, 2019 · Jun 29, 2019. Presentado inicialmente como The Squeeze y con otro formato Aug 15, 2021 · Obviously you have high expectations of obtaining a very significant return on your capital on which you plan to invest. # study and bottom is TTM_Squeeze. a Thrust Bar has to plot within 6 bars following a squeeze breakout) The TTM Squeeze Setup: When is the BEST time to trade the Squeeze?📈 Squeeze Pro Discount (𝗣𝗟𝗨𝗦 𝗛𝘂𝗴𝗲 𝗕𝗢𝗡𝗨𝗦𝗘𝗦 👇): https://www. Credit: $1. Learn straight from my options trading mentor, John Carter! Head to http://bit. Feb 17, 2022 · The TTM Squeeze Setup: How I Made $13,000 in 2 Weeks + the 4 Keys to a CLEAN Squeeze!, Watch popular updated videos relevant with How to Set Ema Tradingview. Reading the Squeeze Indicator. This indicator needs to be combined with "TTM Wave A" (add to existing pane). Learn how to use TTM_Squeeze and Squeeze Pro to find moments in time where a greater-than-expected move might be about to happen leading to bigger Open-source script. You can also program alerts in the Scalper Indicator for the white bars. , a squeeze in the VanEck Semiconductor ETF SMH along with squeezes in its top stocks like Nvidia (NVDA) and Broadcom (AVGO). Exit when momo declines 2 bars in a row. The input setting for trigger bars in this example is set to 3. The Squeeze is a volatility-based indicator that tells you when the market is switching from a trending market to oscillating and visa versa. Aug 15, 2023 · The TTM Squeeze indicator can help identify when prices are likely to break out of a consolidation range. 0 DonchianMidline = (Highest [20] (high)+Lowest [20] (low What You Will Learn in the Squeeze Course. A red dot means there is a squeeze condition in effect. We'll Mar 1, 2020 · JP782. c Oct 26, 2019 · TTM Scalper looks so good because it uses Future Bars to confirm the pivot. 1 - Orange (High Compression) Squeeze. This is actually a visual version of the TTM squeeze in TOS. com/izzylegit/D Jul 15, 2019 · I modified your script to make it a bit easier to select a time frame and how it is displayed. 87. Mar 1, 2020 · Also the Squeeze pro just combines 3 settings you can change yourself on the TTM Squeeze. It’s been one of the few indicators I focus on besides price action and volume to catch larger than expected price moves. ly/SqueezeProSystem-MC to save 50% off his powerful swing trading system. . Three types of squeezes are represented in the Squeeze Pro, low, mid and high compression squeezes. So we take the code you copied from the previous post and substitute the The Squeeze is the simple signal that transformed John Carter into an 8-figure trader. The orange dot Squeeze is the original from the first Squeeze indicator. Build Multi-Time Frame Indicators Using a Modular The Squeeze Momentum. Bollinger Bands. You can find the TTM squeeze on thinkorswim for free or John's website for The FREE TTM Squeeze aka the GOAT of all free indicatorsThe squeeze helps us identify the moment in time when a stock is getting ready to make a bigger-than- Jul 19, 2020 · Here is the code: # This code precisely replicates TTM_Squeeze. It actually works better than I saw when I just added the studies and looked at some charts. 71. Aug 19, 2021 · If we had to naively guess the next value that comes after 10, then one of the best guesses can be the average the data. Turn Your Favorite Squeeze Patterns into Scans. I also like to trade the squeeze when I have multiple squeezes across timeframes (i. All it looks like he does is add in more conditional rules on whether BBs are inside a larger and smaller range. com/nextlvltrading/Personal Instagram: https://www. 1. sskcharts Jan 7, 2021. The typical standard discrepancy setting for Bollinger Bands is normally 2. Green Dots: Squeeze firing, energy is being released in the form of price action, typically lasting 8 to 10 price bars. The indicator has two lines: Squeeze. instagram. Oct 21, 2018 · Using the TTM Trend, TTM Squeeze or TTM Wave made popular by John Carter and Trade the Market? Learn how to easily see the trends and know what these very u Using the TTM Trend, TTM Squeeze or Feb 4, 2020 · But here you go, I made it so that you can artificially inflate the squeeze cloud's top and bottom values, the inside values will stay the same. The timeframes include the 1m, 2m, 5m, 10m, 20m, 1h, 2h, 4h, Daily, Apr 22, 2023 · With the MTF Squeeze Histogram, you can easily get an overview of the TTM_Squeeze Histogram on multiple time frames, in one easy glance. The. Keltner Channel. This is an example where the short-term wave will react faster than the TTM to give you a signal to start building your positions. 4. Top is Momentum squeeze. The Squeeze Pro indicator is popular among traders to catch big moves in stocks. Jan 21, 2022 · The concept is that as Bollinger Bands compress within Keltner Channels , price volatility decreases, giving way for a potential explosive price movement up or down. Histogram < 0 and TTM_Squeeze (). DAY; AddLabel(yes, if dStr == aggregationPeriod. The black dots on the median line show that the market has just entered a "Squeeze" (indicator has recognized that the Bollinger Bands are currently within the ttm-squeeze-settings-for-day-trading 2 Downloaded from oldshop. Momentum. The TTM Squeeze works on any equity on any timeframe. Bandwidth reaches a minimum distance apart in May (indicated by the blue arrow in window 2 Dec 20, 2022 · TTM Squeeze Strategy. Dec 7, 2021 · Description. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules . Please help. This means it has an upper and lower boundary to help you identify potential “overbought and oversold” levels. At default settings. The red and green dots along the zero line indicate if there is a squeeze. https://tos. Exit when close is above Upper Bollinger (20) 2. squeeze can indicate that a large movement is going to occur, the longer the red dots are lit, the more likely a large breakout is incoming. Forex Trading Signs – 4 Typical Indications That Will Make You Money Her injuries were so extreme that the likelihood of her working again in the near future was slim at finest. 2. The tutorial and code are available for free download as part of the May 26, 2022 · **Stay Connected / Social Media Links**Business Instagram: https://www. faster the time frame, the faster the confirmation. The goal is to see when momentum and Squeeze Pro setups are all “aligned” in the same direction without having to look at 18 charts individually. - if the 5 minute squeeze is a black dot, the 5M label would be black) Code: def midSqueeze = BolKelDelta_Mid <= 0; Jan 13, 2024 · Bollinger Bands Squeeze Indicator, The Ultimate Stock Scan in ThinkOrSwim TOS using TTM Squeeze. Can the TTM Squeeze Indicator be used in conjunction with other indicators? There are 13 different timeframes that currently have squeezes setting up inside of DHI. This then helps you decipher not only the trend, but also find opportunities for potential trades before the move has already taken place. It’s designed to help traders identify periods of consolidation in the market and anticipate potential breakouts. The higher the compression, the more potential energy is building. But like the TTM Scalper if you index to the future to move the plot back it will plot that amount Mar 2, 2023 · Let's break down a squeeze setup inside of the S&P 500 across 3 different intraday timeframes. 0 to 1. (Daily chart, 8 to 10 days, hourly chart, 8 to 10 hours, etc) Yellow Histogram: Momentum is on the sell side, but buying is coming in. Hodl4dearlife Mar 7, 2021. Check John Carter's Mastering the Trade on The Squeeze. , a squeeze on a 195-minute chart and a squeeze on a daily chart combined) or when I have squeezes combined across stocks and sectors (i. youtube. It is quite similar to the MACD when you see it on the charts and has similar functions. Presentado inicialmente como The Squeeze por John Carter, el indicador TTM Squeeze es un indicador que combina volatilidad y momentum con el que se intentan capturar movimientos explosivos del precio tras romper salir de un rango de consolidación. > 1,000,000 •stacked EMAs •price in Jun 5, 2020 · Don't exit while the indicator is still flashing a squeeze. The Squeeze indicator measures the relationship between two studies: Bollinger Bands® and Keltner's Channels. This would be the scan code. BITSTAMP:BTCUSD Using Squeeze, volume trend analysis and MACD trend analysis to predict the sharp wedge breakout that occurred. whitney. Histogram crosses above 0 within 2 bars and TTM_Squeeze Sep 27, 2020 · Bars on the TTM Squeeze histogram are colored according the to the following very simple rules: Cyan: higher than previous bar and above zero. The first green dot after one or more red dots is where the squeeze is said to have “fired”. Feb 6, 2024 · Unlock the power of the TTM Squeeze indicator for smarter trading decisions. Zero line. Mic Need help with TTM Squeeze. com/watch?v=O5uXSXw2WnE& . Any signal will be at minimum 3 bars late. So, not only does the Squeeze Pro bring more opportunities to the table (more Squeezes), but it also helps traders determine the potential power of the move around the corner. Confirm higher time frame. You need to set really defined set of swing trading guidelines. The histogram indicates momentum. To efficiently use the TTM indicator, a trader will: 1 Look to see if the Jul 14, 2022 · In this Stock Market video, I will be discussing How To Use The TTM Squeeze Pro and How To Identify Trading Setups using the Squeeze Pro for Day Trading and TTM Squeeze is a volatility and momentum indicator introduced by John Carter of Trade the Markets (now Simpler Trading), which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. e. The Early In-N-Out Pro Indicator is designed to give you an early “heads up” - that market-defying extra edge. He will use it to time his squeeze plays across multiple time frames, watching for price action close to the 21 EMA for a good entry. Trading with the 5-minute time frame allows traders to play reversals and stay in their positions when prices trend in a new direction. I decided to create a quick strategy to test TTM_Squeeze (not Pro) and the related TTM indicators combined into a single strategy as John Carter described near the end of Mastering the Trade. The Multi Histogram Indicator is designed to help you tell the difference between an opportunity for a quick profit from a potential monster move (like John’s $611k AMZN trade). Red: lower than previous and below zero. org on 2021-09-04 by guest analysis and planning. 0 = 100% increase. Three types of squeezes are represented in the Squeeze Pro, low, mid TradeStation TTM Squeeze - Carter’s approach (paid app) Thinkorswim TTM_Squeeze - Carter’s approach; NinjaTrader Bollinger Band Squeeze - For NT7 and NT8; There are various ways and settings you can apply to find Bollinger Squeezes. And the Squeeze Pro System is the biggest trade timing breakthrough since John released the original “TTM Squeeze” almost 20 Jun 28, 2022 · This may help you start to build a scanner on TC2000 to look for squeezessee the formulas from this OG TTM video https://www. ). Mar 4, 2021 · See Figure 1 below, showing a Squeeze pattern setting up in the year leading up to a KB Home breakout. B introduces beginner traders to an easy swing strategy using the TTM Squeeze indicator. 207. The squeeze itself are the dots on the zero line and is a directionless indicator. It works well in various timeframes and can be used for different trading Dec 7, 2023 · Leviathan AOは、TTM Squeezeを装備しているのであった。 AOのゼロライン上にある4色のドットがそれである。 TTM Squeezeのことで質問受けたので、回答に代えてこの記事を書く。 緑色 拡張（収束なし、ボラティリティ拡大） 黒色 収束中（ボラティリティやや減少） 赤色 収束中（ボラティリティ減少 The gray dot Squeeze, call it a "low squeeze" or an "early squeeze" - this is the easiest Squeeze to form based on its settings. 5 will result in much less squeezes. Here are 3 suggestions for the long side: 1. #32. And finally, the yellow dot squeeze, call it a "high squeeze" or "power squeeze" - is the most difficult to form and suggests price is under Mar 14, 2024 · What timeframe is best suited for the TTM Squeeze Indicator? The TTM Squeeze Indicator can be used on various timeframes, from intraday to longer-term charts. DAY; input period =aggregationPeriod. Trying to create a scan that shows stocks that have been Cayenne/ Yellow for at least 2 bars. Mar 1, 2020 · Feb 1, 2021. Oct 13, 2023 · Today we are testing the BEST Indicator and most downloaded indicator On TradingView: Squeeze Momentum Indicator Trading Strategy (Lazybear) . mx/uC4rgih. The volatility component of the TTM Squeeze indicator measures price compression using Bollinger The Early In-N-Out Pro Tool. Mar 29, 2023 · The TTM Squeeze is considered a powerful and versatile indicator for several reasons: It helps traders identify periods of low volatility that often precede strong breakouts. Today we showcase a secret VWAP Indicator strategy that can be used on TradingView and Metatrader. The three types of squeezes are indicated by the colored dots on the zero line (black = low, red = mid, orange = high) while momentum is indicated by the oscillator. 5 ATR Keltner Channel; and. Here is how it looks on the chart. The code is actually pretty simple just added a few Keltner ranges and added in Mobius's derivation of the original TTM Squeeze's momentum function. The black dots on the median line show that the market has just entered a "Squeeze" (indicator has recognized that the Bollinger Bands are currently within the Nov 29, 2019 · Pro Tip: Lower time frames are typically used as entry and exits to support the higher time frame when swing trading. Depending on the time frame you can scalp the movement, swing or even sell Sep 18, 2023 · Popular updated videos related to Options Trading Education, Stock Pick, and Bollinger Bands Squeeze Setup, The Squeeze Indicator Tutorial for TTM_Squeeze and Squeeze Pro – My Favorite Swing Setup. # the output is the same as TTM_Squeeze. Sep 12, 2020 · As traders, our set ups only work to the extent that we trade them with the “wind at our backs”! A setup, even one as potentially powerful as the squeeze, is This indicator allows us to identify periods of consolidation in the market and identify momentum plays. Build a Powerful Triple Compression Squeeze. Additionally, it helps to “forecast” the direction of the move. Explained- all about three types of indicators: trending, oscillators, and volatility-based indicators. This can help aid a trader when making decisions regarding position sizing, time until expiration, and choice of strategy. We are going t Jul 16, 2023 · A few people have asked that I explain the squeeze setup I have been posting in the room. Histogram [1], 2) >= 2. The TTM squeeze pairs well with other indicators, such as the Average directional index (ADX) indicator, The TTM wave, etc. Let’s take a look at the settings of the indicator: TTM Squeeze indicator setting. Extremely merely enter into your Bollinger band sign and change the setting to 1. # separately with this version. The text provides a synthesis of key strategic marketing concepts in a concise and comprehensive way, and is tightly written to accommodate the reading time pressures on students. August 22, 2021. Mar 7, 2021 · TTM-SQUEEZE STRATEGY. By waiting for a scalper alert to fire off, a trader can be sure that momentum has at least paused and allows an entry at a possible turning point with a precise Sep 18, 2020 · Today we explain the ins and outs of the TTM Squeeze Indicator by John F Carter. minimum of 3 Squeeze Dots need to plot in order to be a valid setup) Maximum number of bars for a setup to be confirmed by price action (default is set to 6 bars, i. Yellow: higher than previous and below zero. This indicator is widely used in various markets, including stocks and futures, to gauge both volatility and momentum. Hence, the scans and indicators might not be the same. When the volatility increases, so does the distance between the bands, conversely, when the volatility declines, the distance also decreases. rt me jb fa gp fl ji oc pd si