Creating a Custom Scan Using TTM Squeeze Histogram
Thinkorswim Scan TTM Squeeze Histogram
Learn how to build custom stock scans and spend less time reviewing charts. This video shows that you don’t need access to the source code to write a customized scan for a licensed indicator on the Thinkorswim platform. In this video, Thinkorswim Scan TTM Squeeze Histogram, you will learn how to build and run a custom scan. You will receive a free custom scan indicator via clicking the link below. This indicator is actually four different scans built into one. This video shows how to select which of the four scans to run.
Lean More:
Would you like to learn how to master the custom scan tools on Thinkorswim?
Click here: Thinkorswim Scans Beginner to Advanced
Learn how to build custom scans without writing any code: Thinkorswim Condition Wizard
*The TTM Squeeze is a proprietary indicator owned by Trade The Markets. It is available free to all TD Ameritrade clients who have access to the Thinkorswim platform.
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
*Thinkorswim is a chart analysis platform offered by TD Ameritrade: www.tdameritrade.com
TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.
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Hi, is there a way to set a condition to scan for a certain value of the histogram bars?
Scanning for a specific value of the histogram is invalid. The values of the histogram will vary widely based on the price of the stock being scanned. This video shows the type of scan that is valid for the histogram of the TTM Squeeze: https://www.hahn-tech.com/thinkorswim-scan-ttm-squeeze-histogram/
I would like to install Custom Scan Using TTM Squeeze Histogram on my Thinkorswim platform as you introduce in the above Video. Please provide to me the instructions and the Thinkscript Codes so I can copy and paste later. Are there any charges for this service? Please let me know. Thank you very much.
There is no charge for the code associated with this video. The link to download the code is included in the video description and also within the video itself.
great video. I am trying to use the same scan but i can not figure out how to change it to notify me when there is a 1 bar pivot. Would you be able to help.
Did you search the Q&A forum? I believe this one matches your request: https://www.hahn-tech.com/ans/ttm-squeeze-scan-for-second-yellow-bar-after-2-or-more-red-bars/
Great video
Hi,I’ve been struggling to build a scan/study that indicates when there is a squeeze set off either positive or negative I don’t see the value for the actual squeeze indicator (dots) change from 0 only in color on ToS. Is there any way to isolate the spikes for only when a green dot is set off after a single or series of red dots? In other words apply these scans but only for periods directly after market compression? Or is this impossible without access to the source code? Can it be recreated using the fundamentals of the TTM_Squeeze indicator?
The dots changing color is already available as a built-in scan. It’s listed under “licensed studies”.
Thank you Pete for pointing me in the right direction, I was able to use the code from the licensed scan to back test positive and negative squeeze offs, is there a way to filter out strategies that happen pre/post market?
Simplest way to do that is to change your chart setting to not display extended hours trade data.
Enri, that sounds like a nice code. Would you be able to post your codes for the positive and negative squeeze off? Also, which licensed study did you base it off of? Thanks.
That sounds like a nice code. Would you be able to post your codes for the positive and negative squeeze off? Also, which licensed study did you base it off of? Thanks.
I am on an older macbook pro, and am unable to follow the directions for importing the file into TOS so I tried manually entering the code EXACTLY as it appears on your video, and TOS gives me a “value never assigned to scan at 10:6”
Not sure why this is happening and I’m hoping you have some insight, as this scan would save me many hours of searching. Thanks for everything you do and provide here!
Have you tried following these instructions from our FAQ’s? https://www.hahn-tech.com/ans/how-to-download-and-import-study-ts-files-into-thinkorswim/
Pete – thank you for the prompt reply! I have not yet checked out the FAQs, but will do so shortly. If I have any issues at that point I’ll follow back up with you. Thanks again.
Hi Pete – I didn’t realize that I had gone through all those steps last night when I saw your reply this morning. I tried again to no avail. I have taken a bunch of photos to document the process, but am uncomfortable posting certain identifying aspects of the process here.
I guess I’ll just try to sort it out again, or live without it. Thanks again for your help.
PS – for whatever it’s worth, I was able to copy the code directly from your post for the TTM multi-colored watch list, and paste it successfully.
Hi,
Can you please share TTM Squeeze code…I am unable to find it in your demo
The link for the code with this video is provided right there in the video description.
Hello. For some reason the code will not open.
Do not open. Download and import: https://www.hahn-tech.com/ans/how-to-download-and-import-study-ts-files-into-thinkorswim/