Forex Bollinger Bands Squeeze V8 Indicator
Forex Bollinger Bands Squeeze V8 Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around Bollinger Bands. This copy is version 8. Its source code uses RSI, the Stochastic oscillator, CCI and ATR. It has 5 settings, for example note1 (default Filter the Bollinger Ban), trigger Type (default 1) and stoch Period trigger1 (default 14). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v8 · Free
About Forex Bollinger Bands Squeeze V8 Indicator
Forex Bollinger Bands Squeeze V8 Indicator is an indicator for MetaTrader 4 based on RSI, Stochastic, CCI and ATR. It has 5 settings, such as Note1, Trigger type and Stoch period trigger1. MQL source code included.
Files in the download: Bollinger Squeeze v8.ex4, Bollinger Squeeze v8.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Filter the Bollinger Band with | |
| Trigger type | 1 | |
| Stoch period trigger1 | 14 | Number of bars in the calculation |
| Cci period trigger2 | 50 | Number of bars in the calculation |
| Rsi period trigger3 | 13 | Number of bars in the calculation |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Bollinger Bands · RSI · Stochastic · CCI · ATR · MT4 Indicator · MQL4 Source Code