TM2 looks for .tm_properties files to read project-related settings. There are several ways to exclude files or directories:
I have a set of HTML template directories under my working directory and one subdirectory is full of "compiled" templates ... I never want to edit these and would like to have this directories contents NOT to show up in the Go to File menu (CMD-T).Here's an example where I'm typing the word dictionary and the vast majority of the results are compiled templates.
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