Post by Victor VVV on Mar 7, 2020 0:01:20 GMT -5
Master the TTM Squeeze Indicator on Thinkorswim
Comments:
Ryan
5 months ago
16:00 if we were in that trade in real time, how would we know where that top resistance line
would be if the stock hasn't even reached it yet?
Riley Coleman
5 months ago
Hey sorry for the late reply! You know where those lines are from Fibonacci levels. You don't know
Riley Coleman
5 months ago
Hey sorry for the late reply! You know where those lines are from Fibonacci levels. You don't know
that the stock is going to struggle there but you can predict that those areas will give it problems
and slowly sell your position as it reaches those levels so when it does start to slow down and sell
off you don't lose much closing the rest of your trade. Or like this example if you plan to close the
rest out at that 2.618 level you would close right at the top. This doesn't happen all the time but it
happens often enough to be strangely accurate.
Chris Chan
3 weeks ago (edited)
Thanks, great video, well clarified. One question I had...from your Amazon analysis it seems
the squeezes you identify lasted anywhere for a few days to a few weeks. Does your squeeze
analysis work as well on larger time scales, i.e. if you entered and exited a position over several
months (even years ?), not days or weeks ? Is there a "natural" time scale where the buy/sell
market psychology and trend identification tends to hold up better ?
Riley Coleman
Riley Coleman
Riley Coleman
2 weeks ago
This does work on just about every time frame! If you look at the SPY on a monthly or weekly chart
Riley Coleman
Riley Coleman
Riley Coleman
2 weeks ago
This does work on just about every time frame! If you look at the SPY on a monthly or weekly chart
you can see that squeezes still work well there. Also you can use them on smaller time frame charts.
Personally I don't like to trade lower then a 39m chart.
BigSchweetie
8 months ago
How similar is this to the MACD indicator? It seems to give the same (or at least similar) information.
Riley Coleman
8 months ago
It is pretty similar but there are definitely slight differences.
Ross Jeter
1 year ago
I'm new to Thinkorswim platform. I like your vids. Would be helpful if you indicated how you get to
the charts you're discussing. I have my Thinkorswim open during your vids and cannot determine
how to show Squeeze indicators. Thanks.
Riley Coleman
1 year ago
Oh sorry I didn't show how to add it. If you go to studies at the top right then click add study, it should
Riley Coleman
1 year ago
Oh sorry I didn't show how to add it. If you go to studies at the top right then click add study, it should
pop up a window. In the top left there's a search box just type ttm and you should see ttm_squeeze
pop up. Then just double click it to add it and click okay.
Daniel Hersh
9 months ago
After setting up the squeeze as described, linking watchlist, I did not find a correlation, ie, at
this time (pre-market) Apple has a # 2.0 on the 2 hour squeeze, but chart only shows 12 or
more green dots. Is it because we are in Pre-market or what am I missing? Thank you
Riley Coleman
9 months ago
The watchlist won't take into account after hours it only does market open hours.