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lakotaeagle
Posted : Sunday, February 10, 2013 12:39:33 PM
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Joined: 12/23/2010
Posts: 10

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

 

 

lakotaeagle
Posted : Sunday, February 10, 2013 12:43:59 PM
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Joined: 12/23/2010
Posts: 10

This is how Quote Tracker does it - http://www.stockrants.com/forum/technical-stuff/1281-ttm-squeeze-quotetracker.html

lakotaeagle
Posted : Sunday, February 10, 2013 12:59:28 PM
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Joined: 12/23/2010
Posts: 10

The settings for the Keltner Channels are 20, 1.5 - I apologize for the error.

Bruce_L
Posted : Monday, February 11, 2013 10:52:29 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

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
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lakotaeagle
Posted : Wednesday, February 13, 2013 7:56:39 PM
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Joined: 12/23/2010
Posts: 10

Thak you very much - I greatly appreciate your post

Bruce_L
Posted : Thursday, February 14, 2013 8:17:50 AM


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Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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