BBsqueeze Indicator MT4
Platform: MT4 Type: Trend Last update: April 26, 2026The BBsqueeze Indicator for MT4 is based on Bollinger Bands and helps to understand markets trends, price directions and whether there are flat/sideways conditions.
Example chart:
How to use the BBsqueeze Indicator for MT4?
The BBsqueeze Indicator displays histogram colorful bars: green for bullish and red for bearish. It also shows a zero line using aqua or violet dots.
You can open a buy trade when both the histogram and zero line are in agreement. Place a stop loss below the previous low. Exit when the colors change or when the trend weakens.
When the histogram crosses above zero and turns green, it suggests a long signal. The zero line should be aqua so wait for such confirmation – if it’s still violet, do not enter yet.
When the histogram turns red, it suggests a bearish signal. If the zero line is aqua, consider a short trade.
