TTM Squeeze in QuoteTracker

TTM system for QT - 2 : TTM Squeeze

this video explains how to use it.
http://www.tradethemarkets.com/products/item5.cfm

coding set-up is followed.

1, in QT menu, charts --> Chart Paintbar Editor;

2, Add New rule "TTM Squeeze", apply the following rules, then save it.

if (Bollinger Bands(20,2).Upper-Keltner Bands(20,1.5).Upper)<=0 set color to Red

if (Bollinger Bands(20,2).Upper-Keltner Bands(20,1.5).Upper)>0 set color to Green

3, now go to any intraday chart. right click then select "Select Indicators", add the "Paintbar - Bottom" at lower left window, add "TTM Squeeze" indicator. Also, change the “Show On” parameter to “Shape Band - Zero Line”, choose “Foregnd”, Thick = 6, and Shape = circle.



4, after click OK, it will ask you if you want to add "Bollinger Bands (20,2) and Keltner Bands (20,1.5)" , Just click on “Yes”. When you are done, you can hide the Bollinger Bands and Keltner Bands top indicators by clicking on "Edit" followed, then selecting "Hide Indicator". if successed, "< H >" will be appeared after each indicators.

5, add Momentum Oscillator, changed its (5,34) to (12,34) by "Edit" it. personally, i would like to change the color too.



6, make sure that you link the Paintbar(TTM Squeeze) and Momentum Oscillator(12,34) by clicking in between the two dots to the left of these indicators.

at the end, indicator setting screen should look like this.



when the indicator applied, should look like this.