Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2015.10.05 11:03
Squeeze RA V1

Squeeze RA V1 - indicator for MetaTrader 4

| English Español Português 日本語 Русский Deutsch

votes: 18


My version of Squeeze Indicator for MetaTrader 4. This indicator is based on a strategy mentioned in John Carter's book, Mastering the Trade. It is also a fully improvised version of Squeeze_Break indicator by Des O'Regan.

The main improvements include plotting squeeze values (some BB/KC calculation changes) on the zero-line and then to smoothen the momentum values as rising/falling positive/negative histograms to match the ones sold on commercial websites. This is easy on the eye. Uses some of the Linear Regression code from Victor Nicolaev aka Vinin's V_LRMA.mq4 for smoothening the histograms.

This version DOES NOT have any alerts functionality and also does not have inputs to change. The reason is — this is V1 and generally nobody changes the BB and KC values.



On a D1 timeframe below:


Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Modify All TP SL Modify All TP SL

The script modifies all orders (market and pending) on the symbol with specified Take Profit and Stop Loss.

iFractals 4all TF iFractals 4all TF

Buy or sell just by looking at the "arrow" as a signal. Very easy and simple.