I have a version of this that is similar on some charts that combines the lower squeeze indicator with advanced volume bars as well. Why not use something much more valuable like volume?īasically, you are looking at the TSV indicator colored like TTM squeeze and with the zero line marked out with the periods where ATR is inside Bollinger bands (red dots), along with the TSV moving average.

It's very lagging and even when adjusted, it just reflects obvious price action.

This is something I used that combines the TTM squeeze (written as the 'Momentum Squeeze' by Mobius) with Time Segmented Volume as written by I've used TSV for so long that I forgot it came from here (thought it was standard on TOS)! I've always found the momentum indicator part of the TTM squeeze fairly useless.