Weekly TTM Squeeze

JRP

In the Scan Workbench under the Technical Indicators drop down menu I found the following for a TTM Squeeze scan:

[group is SP500]
and [Close > 30]
and [Volume > 9,999,999]
and [TTM Squeeze(20,2.0,20,1.5,20) = 1]

I would like to change this for a weekly timeframe. Any ideas? Thank you.

lmkwin

place weekly in front of the filter.

and [weekly TTM Squeeze(20,2.0,20,1.5,20) = 1]

You can also use monthly if looking to use monthly data in a scan. A point of information. If you run a scan that has weekly or monthly filters in it, your more accurate results will come from running the scan at a week ending or month ending date. You can run the scan any time, and it will give you results that match your scan. Just remember that a weekly TTM Squeeze isn't really a weekly TTM Squeeze, until the week is over. So a weekly squeeze may show on Tuesday, that isn't there on Friday.

JRP

Thank you so very much!

markd

You might also want to consider whether to adjust volume for weekly volume, or average daily or weekly volume.

As it is, if you happen to scan on a day (or after the close of a day) when volume is weak, you might miss some symbols that you would want to see.

examples:

and [weekly volume > ? ]

and [sma(5, daily volume) > ?]

and [sma(4, weekly volume) > ? ]