A trend indicator with four states. The indicator provides an option for selecting a source indicator for detecting trend using the triggerType input parameter:
Strong trend colors the histogram in red and green, weak trends – in pale purple and blue colors. Indicators iATR and iStdDev are used for detecting the strength of the trend.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 12.03.2008.
MT5 Indicator – Download Instructions
Bollinger Squeeze v9 is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
Bollinger Squeeze v9 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 Bollinger Squeeze v9.mq5?
- Download Bollinger Squeeze v9.mq5
- Copy Bollinger Squeeze v9.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Bollinger Squeeze v9.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Bollinger Squeeze v9.mq5 is available on your Chart
How to remove Bollinger Squeeze v9.mq5 from your Metatrader 5 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
Click here below to download MT5 Indicator: