Description
The TTM_Wave study represents a combo wave that consists of "A Wave" (Wave1 plot) and "C Wave" (Wave2High and Wave2Low plots). It is a great filter for the squeeze. The best squeezes are the ones that fire off in the direction of the "C Wave". In addition, TTM_Wave measures both the short and longer term trends on whatever market and whatever time frame you are watching.
Plots
| Plot | Description |
|---|---|
Wave1
|
The Short Wave plot (A Wave). |
Wave2High
|
The maximum of long waves (C Wave High). |
Wave2Low
|
The minimum of long waves (C Wave Low). |
ZeroLine
|
The zero level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.