TTMS as a Volatility Indicator

TTM Squeeze from John Carter used a color change below chart volatility indicator, not directional.

Where’s The Squeeze So, back to the TTMS.  The “squeeze” comes from compression of both top and bottom BBands when they reside inside the Keltner Channel.  This indicates low volatility in the market when price tends to become range bound and moves sideways.  An image of this phenomenon can be found below. It’s during these … Read more

XMA as a Confirmation Indicator

Histogram for trend identification, both bull ad bear. Converted from a multicolored signal line but corrected in MetaEditor code.

XMA         “X” Doesn’t Always Mark The Spot We happen to stumble across an indicator which seems really awesome visually, but then we started looking a little closer and noticed something rather odd.  The signals were somehow “off”.  But, we didn’t let that stop us.  Let’s jump into this week’s mysterious sounding … Read more