Thinkorswim TTM Squeeze Watchlist (displays the squeeze dots in a watchlist) Version History: Thinkorswim Watchlist TTM Squeeze (displays the histogram colors in a watchlist) However you will find this indicator performs a similar function to that described in these two Thinkorswim videos: The indicator can trigger alerts on both the chart as well as the RadarScreen. Alerts include the KBB Squeeze (first green dot on centerline), histogram crossing zero line, and histogram changing trend direction. Alerts includedĮach alert can be turned on or off from the user inputs. When price moves out of consolidation zone, the Bollinger Bands expand outside the Keltner Channel, that stock has now fired from the squeeze. When the Bollinger Bands narrow to the point they can ‘squeeze’ inside the bands of the Keltner channel, that stock is in a KBB Squeeze. This code is based on public domain, open source indicators. Color coded columns in Watchlist display the status of the trend direction as well as the Keltner Bollinger Band (KBB) Squeeze. This can be applied to charts as well as Watchlist in TS. This video, “TS Keltner Bollinger Band Squeeze MACD”, includes a free customized version of the MACD indicator. Prompted by a request from one of our viewers. Free and Open Source Indicator Based on Keltner Channel and Bollinger Bands
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