A

#### AlphaOptions

##### New member

- Start with a label (or what will be the initial showing in the ultimate label) that shows the number of bars in the chart being viewed (i.e. there are X number of bars on this chart).
- The next part of the label will say there are X total bars in the TTM squeeze on this chart.
- The other parts of the label are then just mathematical derivative parts of the label from these two measures which most interesting are:
- What percent of bars are in a squeeze (number of squeezes / total bars as a % ) - this shows how frequently this occurs of all bars
- How frequently does a squeeze series initiate - so number of unbroken series (prior bar no squeeze but current bar is squeeze) shows the number of not just the frequency of all bar in squeeze but how frequently a squeeze sequence initiates
- Average squeeze duration - shows of all the unbroken series how many bars would be in a squeeze - this is perhaps the most useful as you can characterize and instrument (or at least its period in the chart) to set expectations on how long that might last
- Other things are also possible like shortest, longest, longest between squeeze series ...