How to trade the TTM Squeeze Indicator with Peter Hegedus

[@forehandchief23]

Jake, You asked about the difference between the Bollinger Bands and the Keltner Channels. You're correct that the Bollinger Bands indicate Standard Deviation. The Keltner Channels outer bands are measured using ATR. Quick Tip, If you adjust the Bollinger Bands upward from 2std dev (default setting) to 2.5 or 3 std deviation it becomes an excellent overbought and oversold indicator. The TTM Squeeze will still use a 2std deviation Bollinger Band when determining the Green and Red dots on the zero line.

[@BMartin1776]

Is that right!?

[@forehandchief23]

@@BMartin1776 Absolutely. Adjust the settings and take a look at your chart and you'll quickly see what I'm talking about. *Hint - for securities with very low volatility you won't need anything beyond 2.5 Std Dev. But for most securities I prefer 3 Std Dev. Sometimes I just put both (2.5 & 3) Std Devs on my chart rather than switching back and forth.

[@randyhibshman3682]

thank you for this explanation. it is helpful. at 11:45 I wish to comment that price action does not follow Bollinger Bands, but rather Bollinger bands follow the price action. Technical indicators are not inherently predictive of price but reactive to price.

[@PudgyPrintz]

Wow! Great amount of value taken away from this video.

[@TrendSpider]

Glad to hear, Casey! Thanks for watching! -Jake

[@RollBama17]

Nice video/example explaining how this works! This is one of John Carter's indicators that I first learned to use when reading his book "Mastering the Trade". He gives a ton of examples from his past trades on how he uses it and explains how to find an entry sometimes 3-5 red dots before the stock makes it's move. Awesome book if you haven't read it.

[@BMartin1776]

"explains how to find an entry sometimes 3-5 red dots before the stock makes it's move" thats dangerous Ive seen stocks tank on nice setups! WAIT for it to fire. read my comment ^

[@bjornfinkelburgensteinski4629]

Man I’ve been so confused about this indicator for a long time. Thanks so much!

[@TrendSpider]

Thanks for watching! -Jake

[@baseballmechanic11]

I used ttm squeeze when I started using thinkorswim. Consolidating when in a squeeze. Similar to avwap pinch which I’m starting to like more

[@philipnicholson3216]

is this indicator available on Trend Spider ?

[@du1081]

Yes it is!

[@philipnicholson3216]

I found out it is called the BB/KC squeeze on Trend Spider@@du1081

[@mohsinsali3707]

Isn't the creator of TTM strategy is John Carter from Simpler Trading?

[@WJTM88]

yes

[@psha8178]

Great video. Thanks very much. Is there a way to trigger an alert based on TTM squeeze on TOS platform?

[@bssb936]

Excellent thanks. KC are based on atr

[@dhowie7845]

Great job fellas. Looking forward to trying this out.

[@pratikraychowdhury450]

great video and learning.. thanks Jake

[@TrendSpider]

You're welcome, thanks for watching! -Jake

[@theblindtrader7358]

really learned alot in this video thanks

[@nickboswell8574]

i love this indicator

[@veggiegiant]

Nice video Jacek ✌️

[@TrendSpider]

Thank you! :) -Jake

[@WJTM88]

good info

[@cryptoparadyme]

great stuff

[@TrendSpider]

Thanks man!

[@kylen1656]

thankyou my fellow grass hopper

[@Jamedia66]

I don’t get it.

[@mbrandau]

Wish the guest had shown how to scan for actionable positions. Just looking at his charts and my own, this indicator is not something that can be used for action prior to a breakout/breakdown as it appears to be yet another trailing indicator of what has already happened. And we have enough of those already.

[@BryonLape]

I could leave that comment in almost any stock trading video I've watched. Very frustrating when you don't know how to find these stocks till after they've moved.

[@TrendSpider]

You can easily scan for a TTM squeeze on TrendSpider, please reach out to [e-mail] and they will help you out! -Jake

[@harman.s]

Or you can just look at your candles! (Solid short candles with small/no wicks).

[@BMartin1776]

No Ive seen expert traders who only use price action and volume stop out. Its good for anyone to use $500 to $1000000 account trader

[@TheHeathbr]

For anyone using TTM squeeze, please know what a keltner channel is!!! 😂 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

[@bustatrades]

what a dumb indicator honestly

[@Foxxxxx96]

makes absolutely no sense on other charts, horrible example

[@DigitalYojimbo]

Sorry but I don't like the guy explaining the ttm squeeze, he doesn't seem to know that much about it.