What are the key features of the TTM squeeze indicator on TradingView and how can they be applied to cryptocurrency trading?

1 answers

• Nov 28, 2021 · 3 years ago
  The TTM squeeze indicator is a popular tool among cryptocurrency traders for identifying periods of low volatility and anticipating potential price breakouts. It consists of three main components: the Bollinger Bands, Keltner Channels, and the Squeeze Momentum Indicator (SMI). The Bollinger Bands provide a visual representation of the market's volatility, while the Keltner Channels help determine the average true range. The SMI combines these two indicators to generate signals when the market is in a squeeze. Traders can use these signals to anticipate price movements and adjust their trading strategies accordingly. The TTM squeeze indicator can be applied to various cryptocurrencies on TradingView, allowing traders to take advantage of market opportunities and make informed decisions based on the indicator's signals.
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