4/14/2024 0 Comments Squeeze momentum indicator python![]() The TTM Squeeze indicator uses Bollinger Bands, Keltner Channels, the ATR, and a momentum indicator / histogram. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. We then write the algorithm using Python code and discuss the various components of the algorithm in doing so. To review, open the file in an editor that reveals hidden Unicode characters. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. squeeze-momentum-indicator-general.py This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. All investments involve risk, including loss of principal. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. It is defined by a series of lines that are plotted two standard deviations both positively and negatively. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. A Bollinger Band®, as we mentioned above, is a tool used in technical analysis. The Momentum Oscillator histogram is smoothed up with linear. ![]() Its first known version was called 'TTM Squeeze' by John Carter explained in his book 'Mastering the Trade' (chapter 11). I check different indicators under the triple screen framework, and the Squeeze Momentum Indicator is in the intermediate screen.The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian. To produce Buy/Sell signals, the Squeeze indicator is plotted along with Momentum Oscillator. The Squeeze Momentum Indicator is a momentum oscillator that indicates the explosiveness with which the price is going to move. Also, Mr.Carter uses simple momentum indicator, while I have used a different method (linreg based) to plot the histogram. ![]() My (limited) experience with this shows, an additional indicator like ADX / WaveTrend, is needed to not miss good entry points. Exit the position when the momentum changes (increase or decrease - signified by a color change). ![]() Mr.Carter suggests waiting till the first gray after a black cross, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). This signifies low volatility , market preparing itself for an explosive move (up or down). This is a derivative of John Carter’s “TTM Squeeze” volatility indicator, as discussed in his book “Mastering the Trade” (chapter 11).īlack crosses on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). The TTM Squeeze indicator has both volatility and momentum components.
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