The TTM Squeeze Forex indicator for Metatrader 5 measures both volatility and momentum to spot buy & sell trading opportunities in any currency pair.
It’s composed of Bollinger Bands and the Keltner technical indicator.
TTM Squeeze appears in a bottom chart as colored histogram bars that deliver trend direction.
The trade logic works as follows:
- Histogram bars above 0 are bullish.
- Histogram bars below 0 are bearish.
The indicator has the following inputs and parameters: BB period, BB deviation, Keltner period, Keltner smooth period, method, signal label size.
The TTM Squeeze indicator works for any trading instrument that can be loaded in the Metatrader 5 platform.
For M1 and M5 chart traders: deploy the indicator on the lower spread Forex pairs for best trading performance.
Please make yourself familiar with this technical indicator and test it first on a demo account before using it on a real account.
It supports all time frames and Forex pairs.
Free Download
Chart Example
The following chart shows what the TTM Squeeze indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The TTM Squeeze Forex Indicator?
Find a simple trading example below:
Buy Signal
- A buy signal arises when the TTM Squeeze bars turn back above 0 from below.
- Open a buy order and place a stop loss slightly below technical support.
- Exit the buy trade for a fixed profit target, or wait for a sell signal.
Sell Signal
- A sell signal arises when the TTM Squeeze bars turn back below 0 from above.
- Open a sell order and place a stop loss slightly above technical resistance.
- Exit the sell trade for a fixed profit target, or wait for a buy signal.
