TTM Squeeze Indicator for Sierra Chart

A Freemium Volatility & Momentum Framework Built in ACSIL

This tool is a fully re-engineered version of the iconic TTM Squeeze indicator, popularized by John Carter among intraday and swing traders seeking volatility compression signals. Developed in native ACSIL, it is optimized for clean execution, professional workflows, and high-frequency trading contexts.

🔍 How It Works

The indicator detects volatility compression by combining Bollinger Bands and Keltner Channels. When Bollinger Bands “squeeze” inside the Keltner Channels, it signals that volatility is compressed and a breakout is imminent. The TTM Squeeze version adds 4 distinct compression levels, giving traders finer insight into market conditions:

• No Squeeze (Green) – Market is not compressed, normal volatility.
• Low Squeeze (Orange) – Mild compression, potential early setup.
• Mid Squeeze (Red) – Stronger compression, high-probability breakout forming.
• High Squeeze (Magenta) – Extreme compression, breakout imminent.

📊 Momentum Analysis

The indicator also includes a Momentum Histogram to help gauge directional bias and strength:

• Bright Green – Strong bullish momentum, rising.
• Teal/Cyan – Weakening bullish momentum, still above zero.
• Bright Red – Strong bearish momentum, falling.
• Faded Red – Weakening bearish momentum, still below zero.

This dual approach — squeeze detection + momentum analysis — allows traders to anticipate volatility expansions and identify the most favorable entry points.

⚙️ Core Features

✅ Detects real-time volatility compression cycles via Bollinger Bands inside multiple Keltner Channels.
✅ 4-level Squeeze classification: No, Low, Mid, High — visually distinct with optimized colors.
✅ Momentum Histogram with dynamic coloring for easy trend assessment.
✅ Works on any chart type: Tick, Range, Renko, Volume, or Time-based charts.
✅ Minimalistic overlay for a clean, professional charting experience.
✅ Fully coded in ACSIL for maximum performance.
✅ Suitable for all liquid intraday instruments (ES, NQ, CL, GC, 6E, etc.)

🧠 Who It's For

TTM Squeeze is designed for:

• Intraday scalpers seeking volatility breakouts
• Swing traders monitoring compression/expansion cycles
• Traders who need fast, objective context on market momentum

Whether you’re fading the squeeze, trading trend continuations, or hunting for volatility expansions, this tool gives you the context you need to act confidently.

🔓 Freemium Access

This study is offered 100% free as part of the Trading Edge Resources suite.
No subscription, no licensing — just download and use.

📁 Included File

• TTMSqueeze_64.dll

🔧 Installation Instructions

1. Copy the .dll file into your SierraChart/Data folder.
2. Open Sierra Chart → Analysis → Studies.
3. Click Add Custom Study.
4. Locate TTM Squeeze - TER and add it to your chart.

A clean, adaptive volatility framework — purpose-built to track compression and breakout opportunities.
🔹 Inspired by John Carter’s TTM Squeeze, engineered for professional execution in ACSIL.