#SQUEEZE MOMENTUM INDICATOR AFL HOW TO#
#SQUEEZE MOMENTUM INDICATOR AFL SOFTWARE#

Also by using this concept many trader modify rules & make profitable strategy such as double Bollinger band strategy. They widen during volatile market periods and contract during less volatile periods.īollinger Bands has many concept. Because standard deviation is a measure of volatility, the bands adjust themselves to ongoing market conditions. They are plotted two standard deviations away from a simple moving average. All of this makes it far easier to trade TTM Squeeze Indicator.Bollinger Bands are envelopes which surround the price bars on a chart. With this you’ll get four Indicators measuring different things in one formula and save the space on your monitor. The lines can be even made invisible and leave only the ShapeDigit1 signals there(especially on higher timeframes) with offset= 0. Don’t do it from 10 to 60 min charts and up.ShapeDigit1 signal signifies the first Blue or the first Red bar on KP Fast2 Indicator and it is the first positive signal in trading the Yellow Histogram or the first negative signal to trade the Purple Histogram. Note:KP Fast2 Indicator is added in this formula too and you can enable it on 3500,7500 volume charts on or lesser timeframes – up to 5 min charts(2min and 3min is great). In an uptrend if histogram goes from blue to purple and then if there is the Squeeze – add more contracts on the first blue bar for one more push. But on 3500 or 7500 Volume charts on they could be the buy arrows ( yellow ones). They are not buying arrows but show the relation between the histogram and its moving average. You can tune it by the timeframe you trade but value of 10 seems to work well. Position of the Arrows (not triangles) can be done by changing the value of ‘myma’ moving average.

The opposite is for the shorting – it goes from purple to red colors etc… But purple means we are still in a positive territory so caution must be exercised here.The best way to short is from the RED histogram down – on 7500 Volume chart or 60 min timeframe on futures. Then double your position when the background color turns BLUE, KP M Range turns BLUE and the blue triangle appears on the histogram. On lesser timeframes you can trade the yellow histogram already and especially if you have a signal on KP Medium Indicator, KP Fast2 Indicator is BLUE and the KP M Range is turning from RED to WHITE. Buying the yellow histogram is good for even lesser timeframes or 35 Volume chart on wait for the squeeze to develop on 60 min timeframe,then trade the histogram either way. ( you can change the color to green if you want). This is especially true if there is no squeeze and the Alert line is in Aqua color. Momentum changes from red to yellow already and almost in 90 % of all time it will result in a buy signal latter on.

#SQUEEZE MOMENTUM INDICATOR AFL HOW TO#

If the TTM Squeeze indicator is new to you go to youtube and there are many videos how to use it.ġ) squeeze (as in videos) Squeeze is the RED color DOTS on the Alert Line.(BB inside KB), Aqua dots ( no squeeze) means BB outside KB, then trade the histogram either up or down.Ģ) buying or getting ready on the change from RED histogram to YELLOW histogram. I just combined them together for easier trading. Note: All credits go to ‘kaiji’ for posting this excellent indicator and ‘ceurami’ for KwikPOP indicators.

#SQUEEZE MOMENTUM INDICATOR AFL SOFTWARE#

So if you get small hollow triangle from the formula in your software then change it to shapeDownTriangle. If you don’t have kpami.dll plugin then you can delete KP Trend Bias Background and KP M Range from the formula and use it as it is.Īgain-shapeHollowSmallDownTriangle means shapeDownTriangle in my Amibroker software. It can be used for 15 min or 35 Volume charts but the best is 60 min because when Squeeze develops on 60 min it really means something already.Ĭombine oscillator with background colors and KP M Range for earlier entry ( before the signal triangles appear). This indicator works extremely well with KwikPOP main chart on 60 min timeframe for futures. I just improved positions of the buy/sell signals and added KwikPOP up/down background colors and KP M Range to improve the performance of the oscillator. This is an original formula posted by ‘kaiji’ some three years ago.

Squeeze momentum indicator afl