Find me ttm squeeze

The TTM Squeeze indicator is a technical analysis tool that helps traders identify periods of low volatility, which often precede significant price breakouts. It combines the Bollinger Bands and Keltner Channels to determine when prices are more likely to break out of a consolidation range. Here's how to find the TTM Squeeze indicator:

1. Log in to the thinkorswim® trading platform and select the Charts tab.
2. Follow the path: Studies > Quick Study > John Carter's Studies > TTM_Squeeze.

If you're not familiar with the TTM Squeeze indicator, it's a volatility and momentum indicator developed by John Carter that helps traders identify consolidations and signal when prices are more likely to break out, whether up or down. The indicator is displayed as a histogram with red dots indicating the squeeze is on and green dots indicating the squeeze is off. The momentum oscillator histogram can also be used to determine the expected direction of the move.

To use the TTM Squeeze indicator effectively, you should also be familiar with the concepts of Bollinger Bands and Keltner Channels. Bollinger Bands are a set of lines used to measure price volatility, consisting of an upper band, lower band, and a middle band (based on a moving average). Keltner Channels, on the other hand, are used to identify potential support and resistance levels, as well as overbought and oversold conditions.

By understanding and applying the TTM Squeeze indicator, you can potentially capitalize on periods of low volatility and be prepared for significant price breakouts. However, it's important to note that no technical indicator should be used alone, and it's essential to use additional technical analysis tools and proper risk management techniques to validate trades and set stop-loss and take-profit levels.