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YFX Advanced Bands Squeeze

The Advanced Bands Squeeze indicator is a custom indicator based on the classic Bollinger Bands as created by John Bollinger. The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. This low volatility level is called a “Squeeze”. 

According to John Bollinger, periods of low volatility are often followed by periods of high volatility, where prices tend to move a lot in either direction. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. Once the squeeze play is on, a subsequent band break signals the start of a new move. Note that the “Squeeze OFF” condition only signals that a move is starting but it does not signal the direction of the move. A new advance starts with a “Squeeze OFF” signal and subsequent break above the upper band. A new decline starts with a “Squeeze OFF” signal and subsequent break below the lower band.

FEATURES
  • Color-coded visual representation of the Squeeze status.
  • Customizable Bollinger Bands and Standard Deviations.
  • Customizable color, size, and visibility of all GUI objects.
  • Bands and Price crossings can be shown on the chart
  • Trade signals are calculated and shown on chart. Signals can be sent to trader using many different methods. NOTE: These signals are not trade advice but only indicates that certain conditions have occurred.
  • Indicator statistics are customizable and can be shown on the chart.
PARAMETERS

The Advanced Bands indicator has many configurable parameters. This allows for all aspects of the indicator to be changed for the user’s preferences. By default, the indicator is designed to work without any changes by the user. The parameters are divided into the following categories:

  • Yancy Indicator Parameters
  • Bollinger Bands Parameters
  • Squeeze Parameters
  • BB Band Width Parameters
  • Crosses Parameters
  • Signals Parameters
  • Squeeze Statistics Parameters
  • Message Parameters
  • Quiet Time Parameters
  • Debug Parameters

It should be noted that the user does not have to change any parameters for the indicator to work. All parameters have default values that have the lowest impact on the indicator and user. The Advanced Bands Squeeze indicator is designed to work perfectly by just placing it on a chart.


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Overview This is a very simple indicator that displays the relative strength values of the currencies on te current chart and timeframe. The strength is only calculated for the currencies: AUD - Australian Dollar CAD - Canadian Dollar CHF - Swiss Franc EUR - European Union Euro GBP - Great Britain Pound JPY - Japanese Yen NZD - New Zealand Dollar USD - United States Dollar These are considered the major currencies in the world. There are 28  distinct combinations of major currency pairs. Other
100 USD
The YFX Symbol Data indicator is used to display all the information about the current chart symbol. The indicator makes it easy to examine much more information than just the bid/ask price. Information is categorized as follows: Basic Information - The most generic information about a symbol. It includes the symbol name, bid/ask prices, and spread data. It also includes the low price and high price reached during the current period. Timeframe Information - More details about the current timefra
30 USD
The Advanced EMA indicator implements an exponential moving average with many additional features. First, EMA is color-coded to indicate distance between the price and EMA. This Advanced EMA has many features and configurations that set it far above standard EMA indicators used most platforms. There are 3 types of indications in the indicator. The EMA is color-coded. Secondly, cross points of price and EMA are marked. Thirdly, BUY/SELL signals are shown.‌ Color-coding the EMA allows you to easil
30 USD
YFX Zones
Richard Yancy
The Zones indicator provides a visual display of the boundaries around a price action. There are two types of zones included in the indicator: High-Low price zones Time period zones (delineations) High-Low price zones display the boundaries of the High and Low price points. Typically, these zones are displayed for the High and Low price of the day. Time period zones display boundaries around time period intervals. PARAMETERS Yancy indicator IndicatorName – indicator name displayed in the char
30 USD
The YFX Symbol Watermark indicator is used to display a watermark on your chart, which makes it easy to see at a glance the symbol information for any chart. The displayed information includes: Symbol Name and Timeframe on the chart Description of the currencies Tag line, which can contain any user-defined information All the information can be displayed on the chart so that it can be easily read. The indicator also has parameters that can be set to customize which information is displayed. Para
100 USD
The YFX Symbol Selector indicator is used to easily change the chart symbol and period with a click of a button. This is done by using a selector GUI object that can be placed on any corner of the chart. The GUI selector contains the following information: Descriptive header for GUI selector panel Symbol information and controls for changing the chart symbol Period information and controls for changing the chart period Footer containing the current bid/ask quote for the currently selected symbol
30 USD
The Candle Patterns indicator provides a visual display of candlestick patterns. There are more than 100 patterns that can be displayed. The indicator allows for candles on the chart to be grouped and considered as one candle. This allows the price action within a candle to be observed in the context of a candlestick pattern. The number of bars per candle can be set in the parameters. All patterns can be filtered so that only patterns with certain attributes are displayed. The prior trend is tak
30 USD
The Wing Patterns indicator scans for many different kinds of Patterns using an XABCD structure. The term Wing Pattern is used to refer to all types of patterns based on a general XABCD structure, which is plotted in an alternate high-low extreme form. In other words, assume that point X is started at a low point on the chart. The point A is plotted at the next highest point within a certain number of bars. This certain number of bars is called the depth level. In this example, point B would be
30 USD
This indicator contains a custom version of the classic Turtle Trader indicator. It implements both the main system ( S1 ) and fail-safe system ( S2 ) as described by the original Turtles. Notifications can also be enabled for trade signals. The main rule of the indicator is to generate a signal when a T -period breakout occurs. A stop signal is then generated when an S -period high or low is breached. The T -period value is the number of periods used to evaluate a trend. S -period values are th
30 USD
The Advanced Bands indicator is a custom indicator based on the classic Bollinger Bands as created by John Bollinger. Generally, Bollinger Bands are created by adding/subtracting a number of standard deviations from the price. Advanced Bands also creates bands the same way and adds more features to be more useful for traders.   FEATURES Three levels of bands (inside, outside, extreme) and a moving average can be plotted. Area between bands can be filled and highlighted. Number of deviations for
30 USD
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Version 6.0 2020.06.12
- Updated code to work with newer versions of MetaTrader 4.
- Preview of AI and Machine Learning features.