Breakout Indicator (Enhanced TTM Squeeze) | Great for Intraday & Scalping (2023)

FAQs

What time frame is best for TTM squeeze? ›

The squeeze can be used on any time frame, on any chart. The key to using it, is just understanding that once the squeeze fires, it usually lasts 8-10 bars.

The best indicator to confirm a breakout is RSI (Relative Strength Index). If traders draw trendlines on RSI, they can get the most accurate support, resistance, or trendline breakout position.

Traders can look at the TTM squeeze and recognize that if the red dots turn to green and the bars are showing upward momentum, then they should go long. If, however, the red dots turn green but the bars are showing downward momentum, then the trader should go short on their trade.

“Not only does the TTM Squeeze pinpoint moments in time when you can look forward to a 'greater than expected move,' but it also works well and complements many other trading tools and systems,” Carter said. “In sum, it's my favorite.” Like anything in trading, there's no guarantee with the TTM Squeeze indicator.

Since the two RCTs in 2002,(2,3) the target temperature of 32°C–34°C has been adopted as the recommended target.

The on/off state of the squeeze is shown with small dots on the zero line of the indicator: red dots indicate the squeeze is on, and green dots indicate the squeeze is off. The TTM Squeeze indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires.

One of the strongest signs of an impending successful breakout is a narrowing trend into the level. We can see in the chart above that upward buying pressure is mounting against the resistance level. Demand is beginning to outweigh supply as bulls tighten the range between the most recent low and resistance.

The TTM Scalper Indicator is a visual way to help determine whether to buy or sell against a pivot level. faster the time frame, the faster the confirmation. The TTM Scalper Indicator measures the price action when you trade market. You can also program alerts in the Scalper Indicator for the white bars.

T+2 means that when you buy a security, your payment must be received by your brokerage firm no later than two business days after the trade is executed. When you sell a security, you must deliver to your brokerage firm your securities certificate no later than two business days after the sale.

A short interest ratio of five or better is a good indicator that short sellers might panic, and this may be a good time to try to trade a potential short squeeze.

What is the difference between squeeze pro and TTM squeeze? ›

A: Squeeze Pro is more fine-tuned and designed to find more setups than the original TTM_Squeeze. Squeeze Pro offers more edge in the form of different levels of compression, catching more moves.

Scanning for a Short Squeeze

Essentially, there are three conditions that must be fulfilled: The number of shares short should be greater than five times the average daily volume. The shares short as a percentage of the float should be greater than 10% The number of shares short should be increasing.

Avoid fever following targeted temperature management (TTM), as any elevated temperature is associated with worse neurologic outcome. Avoid hypoxia, with administration of oxygen saturation above 94%. However, hyperoxia is also harmful.

Timing of initiation

TTM should be initiated as soon as possible to minimize reperfusion injury following the return of spontaneous circulation after cardiac arrest [15].

By using TTM, analysts can evaluate the most recent monthly or quarterly data rather than looking at older information that contains full fiscal or calendar year information. TTM charts are less useful for identifying short-term changes and more useful for forecasting.

An RSI below 30 means that the stock's price will increase, which can signal a short squeeze. Buying pressure, when it comes to stocks, can mean a multitude of things. However, a sudden pressure or increase in the number of shares bought can also lead to a short squeeze.

About the Squeeze Momentum (SM) indicator

Squeeze Momentum shows periods when volatility increases or decreases, in other words, when the market goes from the trend into flat movement and vice versa. The market consolidates 80% of time and only 20% of time it moves in a certain direction.

The EMA indicator is regarded as one of the best indicators for scalping since it responds more quickly to recent price changes than to older price changes. Traders use this technical indicator for obtaining buying and selling signals that stem from crossovers and divergences of the historical averages.

Stochastics are a favored technical indicator because they are easy to understand and have a relatively high degree of accuracy. It falls into the class of technical indicators known as oscillators. The indicator provides buy and sell signals for traders to enter or exit positions based on momentum.

What are the most profitable indicators on Tradingview? ›

There are tons of indicators to use on Tradingview, and each trader must find the one that works best for their trading strategy. However, the most common indicators include Fibonacci Retracements, simple moving averages (SMAs), and exponential moving averages (EMAs).

The Gap-and-go strategy, often called the best strategy for intraday, involves finding stocks with no pre-market volume. The opening price of these stocks represents a gap between yesterday's closing price.

They fully rely on their understanding of the market and only use methods like price action, order flow, or Gann for this. Any way lets dive in and look at the 12 of indicators used by professional traders.

Scalping is one of the most popular strategies. It involves selling almost immediately after a trade becomes profitable. The price target is whatever figure means that you'll make money on the trade.

Technical chart patterns like head and shoulders, triangles, and flags that are nearing completion and indicate higher price moves are also typical breakout targets. A price breakout generally occurs when price action makes a last swing to confirm the pattern.

The best way to be sure you don't get caught in a false-breakout from a trading range is to simply wait for price to close outside of the range for two days or more. If this happens, there's a good chance the range is finished and price is then going to start trending again.

Whilst there is not really a "best" time frame for scalping, the 15-minute timeframe does tend to be the least popular with most Forex scalping strategies. Both 1-minute and 5-minute timeframes are the most common. Your acceptable profit or loss per trade will depend on the time frame that you are using.

Traders who use this style of trading are known as scalpers, and they can place 10 to 100+ trades in one day in order to make even tiniest profit. Scalping attracts traders because it exposes them to less risk and offers greater number of trading opportunities.

What is the 6% rule for day trading? ›

According to FINRA rules, you're considered a pattern day trader if you execute four or more "day trades" within five business days—provided that the number of day trades represents more than 6 percent of your total trades in the margin account for that same five business day period.

The 1% rule demands that traders never risk more than 1% of their total account value on a single trade. In a $10,000 account, that doesn't mean you can only invest $100. It means you shouldn't lose more than $100 on a single trade.

The rule of thumb is this: If a stock gaps down below the stop that has been established, wait for the first 15 minutes (up to 9:45am EST) to trade before doing anything. Then place a new protective stop just under (adjust this amount for the volatility of the issue) the low of that first 15 minutes of trade.

A short squeeze happens when many investors bet against a stock and its price shoots up instead. A short squeeze accelerates a stock's price rise as short sellers bail out to cut their losses. Contrarian investors try to anticipate a short squeeze and buy stocks that demonstrate a strong short interest.

A scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal, according to the SEC.

The biggest short squeezes in history occurred in January 2021, when shares of GameStop, a struggling video game retailer, suddenly soared in value following a coordinated effort by retail investors on the Reddit forum r/wallstreetbets to drive up the price.

In general, short squeezes tend to last somewhere between several days and several months. There is no real “typical” length for a short squeeze, as each one is unique.

A short squeeze occurs when a stock moves higher and short sellers decide to cover their short positions or are forced to do so via margin calls. As these short sellers buy the stock, the price rises, potentially creating a situation in which more shorts have to cover.

The New Multi Squeeze Pro / $597 $997.

A long squeeze is the opposite of a short squeeze. In other words, a short squeeze will occur when the market price of an asset sees a sudden spike, causing panic among short sellers. As with a long squeeze, short sellers will often abandon positions when a short squeeze occurs to try and limit their losses.

Can a short squeeze happen twice? ›

If you ask retail traders and Apes, the answer is a firm no. While these Reddit traders continue to hold out hope for another GME short squeeze, the chances are slim that it will ever hit those levels again. As long as there are short sellers who are shorting GameStop, the GME short squeeze potential will never die.

A short squeeze typically unfolds after a stock's been declining in price for some time. The decline in price attracts more and more short sellers looking to profit from the fall in price. At some point, considerable buying pressure begins to enter the market.

Regardless, most options traders would agree that if a short-interest ratio is defined as the number of days to cover, more than 10 days is pretty high. Likewise, short interest as a percentage of float above 10% is pretty high and above 20% is extremely high.

A 30-minute time frame is the most popular. MOMS combines the useful concept of 'momentum' with a strategy called BB Squeeze. BB Squeeze, and as a consequence also MOMS, identifies intervals of very low volatility based on the relationship between Bollinger bands and Keltner bands.

The higher the ratio, the higher the likelihood short sellers will help drive the price up. A short interest ratio of five or better is a good indicator that short sellers might panic, and this may be a good time to try to trade a potential short squeeze.

The opening 9:30 a.m. to 10:30 a.m. Eastern Time (ET) period is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

RSI (Relative Strength Index)

The Relative Strength Index (RSI) is the most commonly used momentum trading indicator. It works by comparing the average number of higher closes in a given period, divided by the average number of lower closes.

Moving Average Convergence Divergence (MACD)

Often regarded as the best momentum indicator, MACD is a trend-following indicator. It represents the relationship between 2 moving averages of a financial instrument's price. MACD moves back and forth between moving averages and indicates momentum.

Some of the main tools to measure momentum are the moving average convergence divergence (MACD), stochastic oscillator, price rate of change (ROC), and the relative strength index (RSI).

What stops a short squeeze? ›

However, if the price of the shorted stock rises, you will lose money. The loss will increase as the price continues to rise, and this could continue indefinitely. The only way to stop the hemorrhaging is to close out the short position by buying the stock and settling your debt.

In general, short squeezes tend to last somewhere between several days and several months. There is no real “typical” length for a short squeeze, as each one is unique.

If you short a stock at $10, it can't go lower than zero, so you can't make more than $10 per share on the trade. But there's no ceiling on the stock. You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.

An investor should ideally hold a short position for as long as the investment is profitable and as long as one can reasonably expect the profits to increase in the future. However, there are a number of additional factors that can influence a short seller's decision on when to close out his or her position.

What are the worst months for the stock market. From the charts of the monthly historical returns of both the S&P 500 Index and the Dow Jones Industrial Average shown above, you can see that the worse months for the stock market are September, August, and June.

Ideally, you should hold your trades for as long as your trading plan specifies. If you exit before a pullback, or near the start of a pullback, you'll typically have smaller winning trades, but you'll win slightly more often.