Bollinger Squeeze V4 Indicator
Platform: MT4 Type: Momentum Last update: November 16, 2024The Bollinger Squeeze V4 Indicator for MT4 reflects specifc setup of bollinger bands when it becomes narrow. It means an reduced market volatility and upcoming breakout in given direction. The key concept is to take advantage of these impulses.
So look for periods of small activity, and afterwards when you see a sharply rising bars (positive or negative values) – it’s a good spot to open a corresponding trade.
Example chart:
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