bb squeeze dark alerts

This is one of the most sought-after indicator in the forex market. It is another way to use the Bollinger Band. Lots of traders already benefit from this technique. Has sound alert.

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• bbsqueeze_dark_alerts.mq4 (6.6 KB, 1181 views)

i need some details for this indicator how it works and with which time frame is working better and which pairs also is working better with this indicator please more details with screen shot

i need some details for this indicator how it works and with which time frame is working better and which pairs also is working better with this indicator please more details with screen shot

the concept of this indicator is simple... bollinger band (the band of it-the upper band and the lower band) will at some point shrink or expand.

it is on this stages that we concentrate on. when it shrink it means the price is stalling when it expand it means the price is trend.

try it first on demo to see how to adapt with the market changes.

I think we should avoid narrow markets and trade with this indicator only when it shows that the price is moving under, or upper from the 0 level and both signals have same color, red, or blue. I will try this one to implement on a technique I use.

Is this a lagging indicator? Looks interesting by the way. When does it give off an alert?

From what I read this technique / indicator is very good and it was created from many years ago. Is there really someone in this forum who can use this and can show any profitable proof? Why I need proof? Because even though I know that this indicator is good I still need to see real proof to be able to fully trust it and maybe learn about it.

This is one of the most sought-after indicator in the forex market. It is another way to use the Bollinger Band. Lots of traders already benefit from this technique. Has sound alert.

Click to zoom:

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This indicator looked very good and it really looked nothing like the original Bollinger Band because it emphasizes on the squeeze period of the original bollinger band.
And yes, I agree with the comments from members above that this indicator was popular many years ago but not so much now.

this is a good indicator but i prefer to use the original bollinger bands because it is better for me and i will analyze the chart better with it, this indicator may repaint and so this may makes the signals is not accurate all time and so this may lead to making of unnecessary bad trades and lead to loss of money.

Generally speaking, Bollinger Band is a very useful indicator. It is good during trending market and it is also can be used during sideways market.
A practice on how to properly use it is obviously a must because this is what will make us understand how this indicator really works.

Is this a lagging indicator? Looks interesting by the way. When does it give off an alert?

The only way is to check this in your metatrader mostly the indicator lags as they are showing you the market picture in different color. Non can show you the future. So its really good to know the behavior of indicator then use it.

The only way is to check this in your metatrader mostly the indicator lags as they are showing you the market picture in different color. Non can show you the future. So its really good to know the behavior of indicator then use it.

Yes mister moderator, I think it's better to learn the indicator first before use it because if we don't understand it then we can't make full profit.
Also, if we understand the indcator then we know the behavior in certain makret conditions so we dont get panic if we see the situation.