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Re: Bollinger Band type indicators for MT4
mrtools, Sun Feb 19, 2017 1:58 am
This is the bollinger band squeeze, the squeeze is represented by the dots, green equals squeeze breakout red means the bollinger bands are inside the keltner channel generally representing a flat market. The color histogram is calculated using linear regression. Alerts are on squeeze breakout and or on all phases of the color change on the histogram.