It is a very good indicator - but it has a problem:Banzai wrote: ↑Fri Jan 03, 2020 9:30 amI modified the indicator a little bit.mrtools wrote: ↑Sun Feb 19, 2017 1:58 amThis 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.
This indicator freezes up the screen if you want to use MTF!
Can you check it, please and make the necessary alterations in the code?