The TTM Squeeze Channel
A frequently discussed volatility setup is the TTM Squeeze, which occurs during periods of low volatility and price consolidation. In this Indicator Spotlight, we’ll revisit the concept as described by John F. Carter’s in Mastering the Trade. We’ll explain how it differs from the classic Bollinger on Bollinger Bands® approach, and then show how the…
Revisited: Trading the Opening Range
In this post, we revisit a classic trade setup, namely the opening range breakout. It is a popular and frequently discussed trading approach and it is easy to grasp and straightforward to manage. Traditionally, the opening range is established by finding the highest and lowest price of a security during the first minutes of the…
Spot price reversals with the SMI indicator
In this Spotlight post we’re looking at the Stochastic Momentum Index (a.k.a. the SMI indicator) by William Blau. The general idea behind stochastic studies is to use momentum falloffs to predict price reversals. To paraphrase George Lane, the developer of the original Stochastics study, one may compare the phenomenon to a rocket going up in…
Trigger Lines : Cross vs. Thrust
In this Indicator Spotlight, we’re looking at the Trigger Lines indicator which can be used as a trend filter. The Fast Trigger is a LinReg Indicator, similar to the standard NinjaTrader version. The signal line is calculated by applying an EMA to the linear regression indicator. Therefore, an identical plot can be achieved by simply…
The Wilder Volatility Stop
When used with time based bars, the Volatility Stop indicator adjusts to the current market environment. Specifically, it allows for stop widening when volatility increases and tightening when it decreases.