I modified the indicator a little bit.mrtools wrote: 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.
red "X" = do not trade
green dot = OK to trade
This version is better. It has alerts, mtf and any Forex pair. from mladen and mr. tool.
