Complex TTM_Squeeze Indicator

[stcrim]

Has anyone written a TTM_Squeeze indicator that does the following?
1. Looks for at least 5 red dots in a row or 5 red dots and at least 1 green dot
2, Only show stocks that that have the histogram in cyan or yellow to cyan in time frames daily, 4 hour, 2 hour, 1 hour and weekly optional
3. They all have EMAs aligned: 8 > 21 and 21 > 34 and 34 > 55 and 55 > 89 in the above time frames including weekly.

Thinking about the regular TTM_Squeeze not the pro.

Seems like there would be a lot of potential with just those three things. In the back of my hear it seems like adding the ADX to get a feel for the trend might be useful but the jury is out on that part.

 

[halcyonguy]

Has anyone written a TTM_Squeeze indicator that does the following?
1. Looks for at least 5 red dots in a row or 5 red dots and at least 1 green dot
2, Only show stocks that that have the histogram in cyan or yellow to cyan in time frames daily, 4 hour, 2 hour, 1 hour and weekly optional
3. They all have EMAs aligned: 8 > 21 and 21 > 34 and 34 > 55 and 55 > 89 in the above time frames including weekly.

Thinking about the regular TTM_Squeeze not the pro.

Seems like there would be a lot of potential with just those three things. In the back of my hear it seems like adding the ADX to get a feel for the trend might be useful but the jury is out on that part.

this is something to get you started. it does #1 , looks for 5 red dots and plots a magenta square

# ttm_points_0

# TTM_Squeeze
declare lower;
def na = double.nan;
input price = CLOSE;
input length = 20;
input nK = 1.5;
input nBB = 2.0;
input alertLine = 1.0;

# TTM_Squeeze
#plot Histogram = Double.NaN;
#plot VolComp = Double.NaN;
#plot SqueezeAlert = Double.NaN;

#----------------------------------

def ttm_histo = TTM_Squeeze(price, length, nk, nbb, alertline).histogram;
def ttm_volcomp = TTM_Squeeze(price, length, nk, nbb, alertline).volcomp;
def ttm_sqz = TTM_Squeeze(price, length, nk, nbb, alertline).SqueezeAlert;


input show_histo = yes;
plot zttm_histo = if isnan(close) then na else ttm_histo;
zttm_histo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
zttm_histo.AssignValueColor(
     if ttm_histo > 0 and ttm_histo > ttm_histo[1] then color.cyan
else if ttm_histo > 0 and ttm_histo < ttm_histo[1] then color.blue
else if ttm_histo < 0 and ttm_histo > ttm_histo[1] then color.yellow
else if ttm_histo < 0 and ttm_histo < ttm_histo[1] then color.red
else color.gray);
zttm_histo.setlineweight(3);
zttm_histo.SetHiding(!show_histo);


def offpt = 5;
input offset_points = yes;
def pt = if !offset_points then 0
else if ttm_histo > 0 then -offpt
else if ttm_histo < 0 then offpt
else 0;

input show_sqz_points = yes;
plot zsqz = if isnan(close) then na else pt;
zsqz.SetPaintingStrategy(PaintingStrategy.POINTS);
zsqz.AssignValueColor(if ttm_sqz then color.green else color.red);
zsqz.setlineweight(3);
zsqz.SetHiding(!show_sqz_points);


#input show_volcomp = no;
#plot zvol = if isnan(close) then na else ttm_volcomp;
#zvol.SetDefaultColor(Color.yellow);
#zvol.SetHiding(!show_volcomp);


input min_red_dots = 5;
def redx = (sum(ttm_sqz, min_red_dots) == 0 );

#def v2 = 0.2;
#plot zsqz2 = if redx and  ttm_histo > 0 then ttm_histo*(1+v2)
#else if redx and ttm_histo < 0 then ttm_histo*(1+v2)
# else na;
#def v2 = 12;
#plot zsqz2 = if redx and  ttm_histo > 0 then -v2
#else if redx and ttm_histo < 0 then v2
#else na;
def v2 = 32;
plot zsqz2 = if redx and  ttm_histo > 0 then ttm_histo+(1+v2)
else if redx and ttm_histo < 0 then ttm_histo-(1+v2)
 else na;

zsqz2.SetPaintingStrategy(PaintingStrategy.SQUARES);
zsqz2.SetDefaultColor(Color.magenta);
zsqz2.setlineweight(4);

addchartbubble(0, low,
ttm_sqz
, color.yellow, no);
#

 

[stcrim]

this is something to get you started. it does #1 , looks for 5 red dots and plots a magenta square

# ttm_points_0

# TTM_Squeeze
declare lower;
def na = double.nan;
input price = CLOSE;
input length = 20;
input nK = 1.5;
input nBB = 2.0;
input alertLine = 1.0;

# TTM_Squeeze
#plot Histogram = Double.NaN;
#plot VolComp = Double.NaN;
#plot SqueezeAlert = Double.NaN;

#----------------------------------

def ttm_histo = TTM_Squeeze(price, length, nk, nbb, alertline).histogram;
def ttm_volcomp = TTM_Squeeze(price, length, nk, nbb, alertline).volcomp;
def ttm_sqz = TTM_Squeeze(price, length, nk, nbb, alertline).SqueezeAlert;


input show_histo = yes;
plot zttm_histo = if isnan(close) then na else ttm_histo;
zttm_histo.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
zttm_histo.AssignValueColor(
     if ttm_histo > 0 and ttm_histo > ttm_histo[1] then color.cyan
else if ttm_histo > 0 and ttm_histo < ttm_histo[1] then color.blue
else if ttm_histo < 0 and ttm_histo > ttm_histo[1] then color.yellow
else if ttm_histo < 0 and ttm_histo < ttm_histo[1] then color.red
else color.gray);
zttm_histo.setlineweight(3);
zttm_histo.SetHiding(!show_histo);


def offpt = 5;
input offset_points = yes;
def pt = if !offset_points then 0
else if ttm_histo > 0 then -offpt
else if ttm_histo < 0 then offpt
else 0;

input show_sqz_points = yes;
plot zsqz = if isnan(close) then na else pt;
zsqz.SetPaintingStrategy(PaintingStrategy.POINTS);
zsqz.AssignValueColor(if ttm_sqz then color.green else color.red);
zsqz.setlineweight(3);
zsqz.SetHiding(!show_sqz_points);


#input show_volcomp = no;
#plot zvol = if isnan(close) then na else ttm_volcomp;
#zvol.SetDefaultColor(Color.yellow);
#zvol.SetHiding(!show_volcomp);


input min_red_dots = 5;
def redx = (sum(ttm_sqz, min_red_dots) == 0 );

#def v2 = 0.2;
#plot zsqz2 = if redx and  ttm_histo > 0 then ttm_histo*(1+v2)
#else if redx and ttm_histo < 0 then ttm_histo*(1+v2)
# else na;
#def v2 = 12;
#plot zsqz2 = if redx and  ttm_histo > 0 then -v2
#else if redx and ttm_histo < 0 then v2
#else na;
def v2 = 32;
plot zsqz2 = if redx and  ttm_histo > 0 then ttm_histo+(1+v2)
else if redx and ttm_histo < 0 then ttm_histo-(1+v2)
 else na;

zsqz2.SetPaintingStrategy(PaintingStrategy.SQUARES);
zsqz2.SetDefaultColor(Color.magenta);
zsqz2.setlineweight(4);

addchartbubble(0, low,
ttm_sqz
, color.yellow, no);
#

Thank you! Thank you! I will look forward to installing it and taking a look. -- Steve