My version of Squeeze Indicator for MetaTrader 4. This indicator is based on a strategy mentioned in John Carter’s book, Mastering the Trade. It is also a fully improvised version of Squeeze_Break indicator by Des O’Regan.Thank you for reading this post, don't forget to subscribe!
The main improvements include plotting squeeze values (some BB/KC calculation changes) on the zero-line and then to smoothen the momentum values as rising/falling positive/negative histograms to match the ones sold on commercial websites. This is easy on the eye. Uses some of the Linear Regression code from Victor Nicolaev aka Vinin’s V_LRMA.mq4 for smoothening the histograms.
This version DOES NOT have any alerts functionality and also does not have inputs to change. The reason is — this is V1 and generally nobody changes the BB and KC values.
MT4 Indicators – Download Instructions
Squeeze RA V1 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Squeeze RA V1 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Squeeze RA V1.mq4?
- Download Squeeze RA V1.mq4
- Copy Squeeze RA V1.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Squeeze RA V1.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Squeeze RA V1.mq4 is available on your Chart
How to remove Squeeze RA V1.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download below:
Squeeze RA V1