BBSqueeze Dark indicator

BBsqueeze Dark Indicator

BBsqueeze Dark is a custom forex trading indicator. BBSqueeze dark is a very simple forex trading indicator but powerfull. If this indicator is used correctly and combined with other indicators to confirm the signals, this indicator can be really useful for you. Sometimes just using this indicator to make your trading decisions may seem ridiculous so it's very important to use other indicators with this to make a profit. If you are a price action trader, you may not need another indicator because the price action trader studies changes and price movements rather than depending on certain indicators. If you use a trading decision by analyzing your price action, you can use this indicator to confirm your trade.The indicator shown below the main chart window and is very simple to use.

This indicator consist of blue and red histograms that move in positive and negative regions. Simply put, when the histogram is in a positive area, you have to look for buying opportunities and when you look at the histogram in the negative area, you have to look for sales opportunities.

Trading rule:

Buy entry:

Buy condition

• The market must rise in trend.
• The BBSqueeze indicator must be in a positive area.
• Place your buy position as soon as the conditions above are met.
• Set stop loss below the recent swing low.
• Take your advantage when the BBSqueeze indicator goes into negative territory.

Sell entry:

Sell condition

• The market must go down the trend.
• The BBSqueeze indicator must be in a negative area.
• Place your short position as soon as the above conditions are met.
• Set stop loss above the recent swing high.
• Take your advantage when the BBSqueeze indicator rises to positive territory.

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