Squeeze Momentum Pro
- Indicateurs
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Do Thi Phuong Anh
I am PA, a 33-year-old Forex trader with eight years of market experience and three years of experience developing tools on MQL5.
I create calculation tools and indicators designed to help traders manage risk. These tools are for educational purposes only and do not constitute financial advice. - Version: 1.0
- Activations: 5
Squeeze Momentum Pro — TTM Squeeze Momentum Indicator for MT5
(The old version is named "Dot Histogram Trend for Buy Sell)
Squeeze Momentum Pro is a professional Squeeze Momentum indicator for MT5 that combines a volatility squeeze detector with a color‑coded momentum oscillator in a single window. Built on the well‑known TTM Squeeze concept (Bollinger Bands inside Keltner Channels), this MT5 momentum indicator helps forex, indices, metals and crypto traders spot low‑volatility compression before a potential breakout, and then read the direction and strength of the move. Whether you focus on scalping, day trading or swing trading, this trend and momentum indicator is designed to make your chart analysis faster and cleaner.
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What Squeeze Momentum Pro Does
- Multi‑level squeeze dots on the zero line: no‑squeeze (fired), low, mid and high compression — so you can see how tightly the market is coiling.
- Four‑color momentum histogram: bright vs. dark shades separate accelerating momentum from fading momentum, on both the bullish and bearish side.
- Multi‑timeframe (MTF) dashboard: a compact panel shows the squeeze state and momentum direction across several timeframes at a glance.
- Momentum divergence lines: automatic detection of bullish and bearish divergence between price and momentum, drawn in a distinct color.
- Smart alerts: pop‑up, push notification and email alerts on squeeze release, momentum flip and divergence.
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Key Benefits for Traders
- Anticipate breakout moves early, instead of chasing candles after the move has already happened.
- Read momentum acceleration and exhaustion at a glance with the color‑coded momentum histogram.
- Confirm setups with the multi‑timeframe panel to stay aligned with the higher‑timeframe trend.
- Reduce screen time with configurable alerts.
- A non‑repaint design on closed bars: values on completed candles do not change, which supports consistent, rule‑based decisions.
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Basic Usage Guide
- Attach the indicator to any symbol and timeframe. It works on forex pairs, gold (XAUUSD), indices and crypto.
- Watch the squeeze dots. Colored compression dots mean the market is quiet and building energy — wait. A "fired" dot signals the squeeze has released and volatility is expanding.
- When the squeeze fires, read the momentum histogram. Rising histogram above the zero line points to bullish momentum; a falling histogram below zero points to bearish momentum. Bright bars mean momentum is strengthening; dark bars mean it is fading.
- Use the MTF dashboard to check that the higher timeframes agree with your intended direction.
- Consider stepping aside or tightening management when a divergence line appears against your position, or when the momentum color turns from bright to dark.
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Inputs Overview
Momentum length, Bollinger and Keltner settings, three compression factors (low/mid/high), display toggles for histogram, dots, dashboard and divergence, dashboard timeframes, and full alert options. Every color is customizable so you can match your own chart theme.
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Who It Is For
This forex indicator for MT5 suits scalpers, intraday traders and swing traders who want a clear read on volatility, momentum and trend without cluttering the price chart. It can be used on its own or as a confirmation tool inside an existing strategy.
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Note & Support
This is a technical analysis MT5 indicator and a decision‑support tool; it does not place trades and does not guarantee any result. Always combine it with sound risk management and your own trading plan. For questions or feedback, please use the Comments section — I read every message and keep the product updated.
