MTF Radar is like your car dashboard for trading. It is your X-ray machine and, in one glance, you know what price is doing in all major time frames, from 5m to 1Q, without having to flip through multiple charts. Simple and visual!
The Sqz column indicates whether a stock is in consolidation(i.e. in squeeze) or in expansion (fired). Color denotes different compression levels： tight - black, medium - red, low - orange, green - fired.
T1 and T2 are two different trend systems: T1 - green = bullish trend, red = bearish trend, gray = side ways, yellow - trend change T2 - green = bullish trend, red = bearish trend, gray = side ways T1 is a more sensitive system compared to T2.
Momo column shows squeeze momentum bars with matching color. P+: momentum is positive and increasing. Light blue. P-: momentum is positive and decreasing. Dark blue. N+: momentum is negative and increasing. Yellow. N-: momentum is negative and decreasing. Dark blue.
MTF Radar_vt is a light version of the full indicator and covers: - most futures market - 30 stocks in Dow Index - Index and sector ETFs : SPY, QQQ, DIA, IWM, XLE, XLF, XLU, GDX, XLK, XLV, XLY, XLB, ITB, XRT, SMH, IBB, KRE, XLC, GDXJ, KBE - Some key stocks: AAPL, AMZN, FB, GOOGL, TSLA, NVDA, NFLX - Forex pairs: DXY,AUDCAD,AUDJPY,AUDNZD,AUDUSD,EURCAD,EURGBP,EURJPY,EURUSD,GBPJPY,GBPUSD,NZDUSD,USDCAD,USDJPY
Full version works on all stocks and assets. If you like this indicator and require the full version, please contact the author.
Credits: -> John Carter - creator of TTM Squeeze and TTM Squeeze Pro -> Lazybear's interpretation of the TTM Squeeze: Squeeze Momentum Indicator
tried adding to multiple charts but nothing would show.. May I try the full V. ?
putcall
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@swingbtc, hey buddy, the only difference between the light version and full version is number of tickers (assets). I've included many tickers in the light version to make it useful for most, please check whether you're using one of them. Ticker list is in the notes. You only need to add it to one chart, then cycle through a watch list to spot opportunities. There is a lot of calculation going on in the indicator, so when you change to a new ticker or a new time frame, it may take a little while to do the calculation. Hope this helps, ;-).
swingbtc
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@putcall, hi.. well Ive tried adding the script to multiple charts but no luck.. nothing is showing..
putcall
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@swingbtc, hey buddy, as I said in the last reply, this light version works certain tickers, see below: - most futures market - 30 stocks in Dow Index - Index and sector ETFs : SPY , QQQ , DIA, IWM , XLE , XLF , XLU , GDX , XLK , XLV , XLY , XLB , ITB , XRT , SMH , IBB , KRE , XLC , GDXJ , KBE - Some key stocks: AAPL , AMZN , FB , GOOGL , TSLA , NVDA , NFLX - Forex pairs: DXY , AUDCAD , AUDJPY , AUDNZD , AUDUSD , EURCAD , EURGBP , EURJPY , EURUSD , GBPJPY , GBPUSD , NZDUSD , USDCAD , USDJPY So please choose any one of those tickers in the list and the Radar screen should show up.
swingbtc
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@putcall, oH I'am sorry did not understand...until now // Bitcoin futures?
putcall
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@swingbtc, Ok buddy, I got you - you trade Bitcoin, ;-). The full version works on ALL assets, including Bitcoin, unfortunately it is not included in the light version. But you get the gist of how the indicator works by using above tickers. You can see what price is doing in virtually ALL time frames, ;-)