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Registered User Joined: 12/23/2010 Posts: 10
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I have searched the files for the formula for the TTM Squeeze (Bollinger Bands 20,2.0 with Keltner Bands 1.5,1.0). The thread is very hard to follow with the trials and errors of different formulas.
Here is the link that I researched - http://forums.worden.com/default.aspx?g=posts&t=13781
Is there a final result? I am interested in both the upper BB moving above and outside the upper Keltners and the lower BB moving below and outside the lower Keltners.
This video is what I am trying to achieve with TC2000 - http://www.simpleroptions.com/products/TTM-Squeeze-Indicator.cfm
Thank you and best regards,
Lakota
PS - I have tried to build the formulas myself and nopw realize that I don't have a clue to how to make it work
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Registered User Joined: 12/23/2010 Posts: 10
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This is how Quote Tracker does it - http://www.stockrants.com/forum/technical-stuff/1281-ttm-squeeze-quotetracker.html
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Registered User Joined: 12/23/2010 Posts: 10
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The settings for the Keltner Channels are 20, 1.5 - I apologize for the error.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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To quote the last post in the topic you reference:
QUOTE (Bruce_L) As diceman pointed out in his Sunday, June 10, 2007 5:12:42 PM ET post, there is no "right formula" for the TTM Squeeze. It depends on the exact definitions used for indicators upon which there is no universal agreement as to their calculation. That said, the formula given in my Thursday, July 06, 2006 9:55:02 AM ET post matches the TradeStation results.
I will re-post that formula here:
SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 - 20 * AVGC20 ^ 2) / 20) * 4 / 3 / ((AVGH20 - AVGL20) / 2 + (ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10) + ABS(H10 - C11) + ABS(L10 - C11) + ABS(H11 - C12) + ABS(L11 - C12) + ABS(H12 - C13) + ABS(L12 - C13) + ABS(H13 - C14) + ABS(L13 - C14) + ABS(H14 - C15) + ABS(L14 - C15) + ABS(H15 - C16) + ABS(L15 - C16) + ABS(H16 - C17) + ABS(L16 - C17) + ABS(H17 - C18) + ABS(L17 - C18) + ABS(H18 - C19) + ABS(L18 - C19) + ABS(H19 - C20) + ABS(L19 - C20)) / 40 + .000001)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/23/2010 Posts: 10
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Thak you very much - I greatly appreciate your post
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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