The "New" TTM Squeeze

[daedalus 10]

Anyone got ideas on the new "filter"? I thought we could put our collective brainpower to work and might be able to come up with something.

 

At first I thought it was Heiken Ashi Based (his previous video used the filter as a paintbar) but I was unable to replicate it... now i'm leaning towards it being momentum based... ie if the momentum is decreasing for a set period of time or increasing for a set period of time it goes to gray to avoid catching tops or bottoms?

 

http://www.tradethemarkets.com/public/3444.cfm

 

Cheers!

[bfrank2 10]

The new TTM Squeeze uses up to five anchor charts to filter the firing of the squeeze. It combines the TTM Squeeze TTM Squeeze Indicator, with the TTM Trend TTM Trend Indicator.

The TTM Trend is modified by using up to five anchor charts. For example if you are looking at the "New TTM Squeeze" on a five minute chart, your TTM Trend may have daily, 240 minute, 120 minute, and 60 minute anchor charts. If all of these charts are in alignment, that is blue bars for uptrend, red bars for down trend, you take the squeeze.

Here is a sample of the TTM Trend inputs:

 

Name Value

Tags "XMin/Daily/Weekly/Monthly"

Tag1 "Daily"

Tag2 "240min"

Tag3 "120min"

Tag4 "60min"

Tag5 ""

UpColor blue

DnColor red

NeutralColor lightgray

CompBars 6

 

In conclusion take the squeeze only when it is in the direction of the above TTM Trend. Long squeeze only with blue bars, short squeeze only with red bars, stay out on light gray bars.

 

Hope it helps.

[BlowFish 10]

Most of their other indicators have simply been 'borrowed' (the less charitable would say stolen) from the public domain. You might have a search of the TS forums and other places that post indicators and see if you can spot the 'inspiration' for this particular study.

[Grignouf 10]

Hello,

Do you know if a ninja trader's version exists ?

I want to make a MA with the TTM trend but i didn't find the ninja version of TTT trend.

Thanks

[Tams 20]

Hello,

Do you know if a ninja trader's version exists ?

I want to make a MA with the TTM trend but i didn't find the ninja version of TTT trend.

Thanks

 

 

 

[daedalus 10]

Anchor and Sub Anchor Charts for Filtering Trades

 

It almost looks like its just an RSI filter... or at least it could be used as a proxy to what was posted above. Thanks for that info on it. It sounds like from what carter explained in this latest video you're right on. To code that you have to set up your chart with multiple data feeds correct?

 

Well aware of TTM's "Borrowing" (aka blatantly stealing) of the _BB Squeeze indicator from the TS forums... I don't use the indicator or plan on it but I just always get intrigued by trying to reverse engineer concepts that marketers like TTM try and keep secret.

[bfrank2 10]

Yes, it's basically a TTM squeeze in it's original form (TTM Squeeze Indicator), plus a TTM Trend Paint Bar indicator (TTM Trend Indicator), also known as a momentum paint bar indicator.

 

The squeeze is available in may forms aka PBF-Squeeze. The TTM Trend with multiple time frames I haven't seen outside of TradeTheMarkets. Basically you can set up multiple time frame charts using the TTM Trend (pr BR_PaintBars) in a window by using separate charts for the 240, 120, 60 min etc. When all of these time frames are in confluence, one takes the squeeze.

 

The utility of "The New TTM Squeeze" is that it takes the trend indicator across multiple time frames and comes up with color bars in one window. For example if the paint bars in all of the selected time frames are blue (bullish) then one takes long squeezes and ignores shorts. I the paint bars in all of the time frames are red, then one takes only short squeezes, and passes on long squeezes. Gray bars are neutral, meaning that the paint bars on all time frames are not in confluence.

 

I can achieve what the afore mentioned paragraph states by setting up multiple charts with the TTM Trend. I would then have to look at bar colors on up to five charts to search for confluence. "The New TTM Squeeze" is programmed to do this task in one window.

 

Hope this helps, if not let me know.

 

Bruce

[Grignouf 10]

Thank you for the response, i will do like you said, the equivalent of the TTM Trend is the pr BR_PaintBars but it's ELD and i'm using ninja trader, do you if a NT's version exists ?

Thank

[daedalus 10]

i'm sure it does... just search for heiken ashi for ninja.

[Grignouf 10]

Yes there is heiken ashi but it's not the same, maybe the calcul is the same but the paint bar is different, with the TTM Trend it's a chart bar but with the heiken it's modified candlestick, am i clear ?

[chloe31 10]

Hi Everybody,

 

Can somebody write the new TTM squeeze and the new TTM trend for TS ?

It would be very nice.

 

Thank you in advance for your help.

 

Cheers,

Chloe

[TraderJen 10]

Here's a video I just received from TTM's free daily videos explaining how the new TTM Trend Anchor works.

 

How to Download and Install the Free Indicator

[daedalus 10]

It would be easy to code up except I don't get what kind of inputs will allow for different timeframe inputs?

 

If someone could explain how to handle using those as a variable it would be simple.

 

Just a case of if Timeframe1Bias = Up and Timeframe2Bias = up, etc. = Blue else gray.

 

Obviously not the exact syntax, but that idea would work. I just don't understand how to handle those inputs for the timeframes.

[Tams 20]

It would be easy to code up except I don't get what kind of inputs will allow for different timeframe inputs?

If someone could explain how to handle using those as a variable it would be simple.

Just a case of if Timeframe1Bias = Up and Timeframe2Bias = up, etc. = Blue else gray.

Obviously not the exact syntax, but that idea would work. I just don't understand how to handle those inputs for the timeframes.

 

 

 

you can try this:

 

 

 

ADE - All Data Everywhere

http://www.traderslaboratory.com/forums/f46/ade-all-data-everywhere-easylanguage-5934.html

[Nealm 10]

Does anyone have the .ELD file for TTM Anchor? It looks like this would be useful to all. Thank you.

[pdmoney 10]

any luck on the ELD for the TTM Anchors?

[Minetoo 10]

Carter hosting a webinar tonight Tues. July 21/09 detailing this indicator. FWIW, there is a paintbar study called 'TTM Trend Anchor' and another called 'TTM Squeeze Anchor' - essentially the same principle (cross referencing multi time frames). He just gets to bill ya' twice :deal:

Will post link to webinar recording when it becomes available.

[Minetoo 10]

Webinar link,

http://freewebinars.s3.amazonaws.com/anchor-free-webinar.htm

 

PDF link for webinar slides,

http://freewebinars.s3.amazonaws.com/Bringing-It-All-Together-With-Anchors.pdf

Edited July 22, 2009 by Minetoo
links not working

[chloe31 10]

Hi Everybody,

 

I have the TTM trend and the TTM squeeze. The Anchor version seems very interesting.

However, I am not good enough at programming. I really do not known how to use multi timeframes in an indicator.

Did somebody try to code the TTM trend Anchor and the TTM squeeze Anchor ?

 

Thank you very much in advance for your help.

 

Best regards,

 

Chloe

[Tams 20]

Hi Everybody,

I have the TTM trend and the TTM squeeze. The Anchor version seems very interesting.

However, I am not good enough at programming. I really do not known how to use multi timeframes in an indicator.

Did somebody try to code the TTM trend Anchor and the TTM squeeze Anchor ?

Thank you very much in advance for your help.

Best regards,

Chloe

 

 

 

Have you done a search with the keyword "Anchor" ???

 

the search button is at the top right corner of this page.

[Minetoo 10]

Tams, I have searched for these TTM anchors on this site to no avail. One of our resident coding geniuses will have to take a run at this.

Edited July 23, 2009 by Minetoo
wording

[TraderJen 10]

This was recently posted in the TS forum. It's a tad different from the TTM version, but could definitely be something to start with.

 

http://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=92189

//============================================================//

//DTTpb_TZU_TTM_Anchor

 

 

Inputs: Sym(GetSymbolName),

ThisInterval(ADE.TickBarT(BarInterval)), {This setting defaults to the interval

of the chart the indicator is set into}

 

Interval1 (55),// number of ticks

Interval2 (89),// number of ticks

Interval3 (144),// number of ticks

Interval4 (233), // number of ticks

UpColor(Blue),

NeutColor(DarkGray),

DnColor(Red),

BarWidth(1),

CompBars(6),

DeriveBars(0),

UseFile(ADE.UseFile); // default UseFile is returned by ADE.UseFile function

 

Vars:

{ ThatInterval(ADE.TickBarT(200)), {Change this setting to the interval of the

chart with the embedded sender indicator}

}

Color1(0),

Color2(0),

Color3(0),

Color4(0),

colorAll(0),

Class("OHLCV"),

haClose1(0),

haClose2(0),

haClose3(0),

haClose4(0),

haOpen1(0),

haOpen2(0),

haOpen3(0),

haOpen4(0);

{************************************Data1***********************}

Value31 = ADE.TickBarT(Interval1);

if CurrentBar = 1 and UseFile then

Value11 = ADE.OpenMap(Class, Sym, Value31);

 

Value51 = Value41;

Value41 = TZS.SyncBarID(ThisInterval, Value31);

 

if Value41 <> Value51 then

begin

haClose1 = (ADF.GetData(Class, Sym, Value31, Value41, "Open", 0)

+ADF.GetData(Class, Sym, Value31, Value41, "High", 0)

+ADF.GetData(Class, Sym, Value31, Value41, "Low", 0)

+ADF.GetData(Class, Sym, Value31, Value41, "Close", 0) )/4;

haOpen1 = ADF.GetData(Class, Sym, Value31, Value41, "Open", 0) ;

 

end;

if CurrentBar > 1 then begin

haClose1 = (ADF.GetData(Class, Sym, Value31, Value41, "Open", 0)

+ADF.GetData(Class, Sym, Value31, Value41, "High", 0)

+ADF.GetData(Class, Sym, Value31, Value41, "Low", 0)

+ADF.GetData(Class, Sym, Value31, Value41, "Close", 0) )/4;

haOpen1 = (haOpen1[1] + haClose1[1])/2 ;

 

if haClose1 > haOpen1 then Color1 =1 else Color1 =-1 ;

for value1 = 1 to CompBars

begin

if haOpen1 <= MaxList(haOpen1[value1],haClose1[value1]) and

haOpen1 >= MinList(haOpen1[value1],haClose1[value1]) and

haClose1 <= MaxList(haOpen1[value1],haClose1[value1]) and

haClose1 >= MinList(haOpen1[value1],haClose1[value1]) then

Color1 = Color1[value1];

end;end;

 

{************************************Data2*********************** }

Value32 = ADE.TickBarT(Interval2);

if CurrentBar = 1 and UseFile then

Value12 = ADE.OpenMap(Class, Sym, Value32);

 

Value52 = Value42;

Value42 = TZS.SyncBarID(ThisInterval, Value32);

 

if Value42 <> Value52 then

begin

haClose2 = (ADF.GetData(Class, Sym, Value32, Value42, "Open", 0)

+ADF.GetData(Class, Sym, Value32, Value42, "High", 0)

+ADF.GetData(Class, Sym, Value32, Value42, "Low", 0)

+ADF.GetData(Class, Sym, Value32, Value42, "Close", 0) )/4;

haOpen2 = ADF.GetData(Class, Sym, Value32, Value42, "Open", 0) ;

 

end;

if CurrentBar > 1 then begin

haClose2 = (ADF.GetData(Class, Sym, Value32, Value42, "Open", 0)

+ADF.GetData(Class, Sym, Value32, Value42, "High", 0)

+ADF.GetData(Class, Sym, Value32, Value42, "Low", 0)

+ADF.GetData(Class, Sym, Value32, Value42, "Close", 0) )/4;

 

haOpen2 = (haOpen2[1] + haClose2[1])/2 ;

 

if haClose2 > haOpen2 then Color2 =1 else Color2 =-1 ;

for value1 = 1 to CompBars

begin

if haOpen1 <= MaxList(haOpen1[value1],haClose1[value1]) and

haOpen1 >= MinList(haOpen1[value1],haClose1[value1]) and

haClose1 <= MaxList(haOpen1[value1],haClose1[value1]) and

haClose1 >= MinList(haOpen1[value1],haClose1[value1]) then

Color2 = Color2[value1];

end;end;

 

{************************************Data3***********************}

Value33 = ADE.TickBarT(Interval3);

if CurrentBar = 1 and UseFile then

Value13 = ADE.OpenMap(Class, Sym, Value33);

 

Value53 = Value43;

Value43 = TZS.SyncBarID(ThisInterval, Value33);

 

if Value43 <> Value53 then

begin

haClose3 = (ADF.GetData(Class, Sym, Value33, Value43, "Open", 0)

+ADF.GetData(Class, Sym, Value33, Value43, "High", 0)

+ADF.GetData(Class, Sym, Value33, Value43, "Low", 0)

+ADF.GetData(Class, Sym, Value33, Value43, "Close", 0) )/4;

haOpen3 = ADF.GetData(Class, Sym, Value33, Value42, "Open", 0) ;

 

end;

if CurrentBar > 1 then begin

haClose3 = (ADF.GetData(Class, Sym, Value33, Value43, "Open", 0)

+ADF.GetData(Class, Sym, Value33, Value43, "High", 0)

+ADF.GetData(Class, Sym, Value33, Value43, "Low", 0)

+ADF.GetData(Class, Sym, Value33, Value43, "Close", 0) )/4;

 

haOpen3 = (haOpen3[1] + haClose3[1])/2 ;

 

if haClose3 > haOpen3 then Color3 =1 else Color3 =-1 ;

for value1 = 1 to CompBars

begin

if haOpen3 <= MaxList(haOpen3[value1],haClose3[value1]) and

haOpen3 >= MinList(haOpen3[value1],haClose3[value1]) and

haClose3 <= MaxList(haOpen3[value1],haClose3[value1]) and

haClose3 >= MinList(haOpen3[value1],haClose3[value1]) then

Color3 = Color3[value1];

end;end;

{************************************Data4***********************}

Value34 = ADE.TickBarT(Interval4);

if CurrentBar = 1 and UseFile then

Value14 = ADE.OpenMap(Class, Sym, Value34);

 

Value54 = Value44;

Value44 = TZS.SyncBarID(ThisInterval, Value34);

 

if Value44 <> Value54 then

begin

haClose4 = (ADF.GetData(Class, Sym, Value34, Value44, "Open", 0)

+ADF.GetData(Class, Sym, Value34, Value44, "High", 0)

+ADF.GetData(Class, Sym, Value34, Value44, "Low", 0)

+ADF.GetData(Class, Sym, Value34, Value44, "Close", 0) )/4;

haOpen4 = ADF.GetData(Class, Sym, Value32, Value42, "Open", 0) ;

 

end;

if CurrentBar > 1 then begin

haClose4 = (ADF.GetData(Class, Sym, Value34, Value44, "Open", 0)

+ADF.GetData(Class, Sym, Value34, Value44, "High", 0)

+ADF.GetData(Class, Sym, Value34, Value44, "Low", 0)

+ADF.GetData(Class, Sym, Value34, Value44, "Close", 0) )/4;

haOpen4 = (haOpen4[1] + haClose4[1])/2 ;

 

if haClose4 > haOpen4 then Color4 =1 else Color4 =-1 ;

for value1 = 1 to CompBars

begin

if haOpen4 <= MaxList(haOpen4[value1],haClose4[value1]) and

haOpen4 >= MinList(haOpen4[value1],haClose4[value1]) and

haClose4 <= MaxList(haOpen4[value1],haClose4[value1]) and

haClose4 >= MinList(haOpen4[value1],haClose4[value1]) then

Color4 = Color4[value1];

end;end;

 

{************************************Plot***********************}

 

if color1 + color2 + color3 + color4 = 4 then

colorAll = UpColor

else

// colorAll = NeutColor;

 

if color1 + color2 + color3 + color4 = -4 then

colorAll = DnColor

else

colorAll = NeutColor;

 

plotPB(High,Low,"heikin-ashi",colorAll);

SetPlotWidth(1,BarWidth);

SetPlotColor(1,colorAll);

[Tams 20]

I was going to say, if one more person asks for the TTM Anchor, I am going to puke on my keyboard.

 

Now that the TTM Anchor code is posted...

I am bracing myself for the onslaught of questions on **WHY** it is NOT working in their computers.

 

 

 

To save you the trouble of asking...

the Anchor requires the ADE and TZU add-on

http://www.traderslaboratory.com/forums/f46/ade-all-data-everywhere-easylanguage-5934.html

Please make sure you read the 1st post thoroughly...

after you have understood the post and followed the instruction,

(especially the instruction of the last paragraph)

then move on to post #11,

read and install as directed.

 

If you still can't get it to work... have your credit card ready, call TTM.

 

Good luck.

Edited August 15, 2009 by Tams

[chloe31 10]

Hi TraderJen,

 

I really thank you very much.

 

Best regards,

 

Chloe

[chloe31 10]

Hi Tams,

 

I am really sorry, I have installed the ADE and TZu add-ons. Then I have imported in Multicharts 5.0 the code provided by TraderJen. When I compile the code, I have an error message: ADF.GetData: Unknown Function ?

Would you be kind enough to help me please ?

 

Thanks in advance

Best regards,

Chloe