The Multiple
Time Frame Volatility Squeeze (MTFVS) indicator shows when there is a reduction
in volatility that usually means that consolidation is occurring. For the purposes of this indicator the
volatility squeeze condition exists when the 2 standard deviation Bollinger
Band is inside of the Keltner Channel. The indicator will detect a volatility squeeze condition for the current
chart and for up to 4 additional larger time frames or tick ranges. The MTFVS indicator works in RadarScreen®,
the Scanner and the Chart Analysis window for tick, minute, and daily
timeframes.
