TTM Squeeze Format, Scan, Watchlist, Label For ThinkOrSwim

[Veasna]

Hello all, I'm looking for a ttm squeeze histogram turns up or down signal where it labels an arrow sign up or down on a chart. Please point me to the direction.

Thanks in advance

 

[MatthewA]

Hello all, I'm looking for a ttm squeeze histogram turns up or down signal where it labels an arrow sign up or down on a chart. Please point me to the direction.

Thanks in advance

You may like the IronRod indicator that @MerryDay uses.
https://usethinkscript.com/threads/mobius’-momentum-squeeze-for-thinkorswim.1123/post-74526

 

[markallenwilson1016]

Have been having limited success lately with my squeeze efforts. I believe the black dot squeezes have not afforded the best results. Does anyone have any suggestions or a scanner that will filter out all but bullish red & orange dot stocks?

 

[pacificatrader]

I was also looking for code that changes the label of the squeeze condition (yellow for low compression, red for mid squeeze and magenta for high compression squeezes).

 

[Juno (Best Day EVER)]

Oh no, you have to put it with the code I posted earlier. Just create a new study, call it something like AdvancedSqueezeScanner and paste all of this and then use it on the scan tab. Should be go to go.

# AdvancedSqueezeScanner
# Momentum Squeeze open coding by Moebius, based on John Carter
# Scan by WTF_Dude
# Added Squeeze Label with directional color
# Label is green when momentum is ascending, red when descending

declare lower;

input length = 20; #hint length: Length for average calculation
input price = close;
input SDmult = 2.0;
input ATRmult = 1.5;

   def K = (Highest(High, length) + Lowest(low, length)) /
               2 + ExpAverage(close, length);
  def Momo = Inertia(price - K / 2, length);

def SD = StDev(close, length);
def Avg = Average(close, length);
def ATR = Average(TrueRange(high, close, low), length);
def SDup = Avg + (SdMult * Sd);
def ATRup = Avg + (AtrMult * ATR);

def Squeeze = SDup < ATRup;
       
def zero = if IsNaN(close) or !IsNaN(Squeeze) then Double.NaN else 0;

def momobullup = Momo > Momo[1] and Momo > 0;
def momobulldown = Momo > 0 and Momo < Momo[1];
def momobeardown =  Momo > Momo[1] and Momo > 0;
def momobearup = Momo < 0 and Momo > Momo[1];



Plot BreakoutEitherDirection = squeeze[1] is true and squeeze is false;
plot BreakoutBull = squeeze[1] is true and squeeze is false and momobullup;
plot BreakoutBear = squeeze[1] is true and squeeze is false and momobulldown;

Plot BullTrendReversal = momobulldown is true and momobulldown[1] is false;
Plot BearTrendReversal = momobearup is true and momobearup[1] is false;

plot Squeeze_ChangetoBull = BearTrendReversal and squeeze is true;
plot Squeeze_ChangetoBear = BullTrendReversal and squeeze is true;

#End Code

hi @wtf_dude ! i love your shares. Is there any way to make these into labels for the chart? interested in the histo flip pos/neg, the histo shift from red/yellow and teal/royalblue, and last and best... the dots!!!!

 

[Ddstephens247]

I'm looking for a scanner that will find tickers in the TTM Squeeze at the first yellow bar.

 

[SleepyZ]

I'm looking for a scanner that will find tickers in the TTM Squeeze at the first yellow bar.

Try this in the scanner

def ttm_histogram = TTM_Squeeze();
def red_squeeze   = if ttm_histogram < 0 and ttm_histogram < ttm_histogram[1] then 1 else 0;
plot first_yellow = if red_squeeze[1] == 1 and !red_squeeze and ttm_histogram < 0 then 1 else 0;
AddChartBubble(first_yellow, 0, first_yellow, Color.YELLOW);

#

 

[mchapma72]

The ToS platform does not make the TTM Squeeze source code available for customizations.

@entercode27 @mchapma72

Thanks