Free Forex Indicators (MT4), Trend Following Indicators

Bollinger Squeeze with MACD MT4

Bollinger Squeeze with MACD is known as the combination of two best Forex indicators which is used to define the trend correctly and the market entries with better filter. The winning rate of Bollinger Squeeze with MACD is tremendous according to our back test result and we’ve found this indicator very much reliable for regular trend based trading operations.

Bollinger Squeeze with MACD has a great easy look which helps its readers to understand the signals easily. It suits with any Forex currency pair window and fits with all kind of time frame charts available at the online Forex trading platform.

Bollinger Squeeze with MACD Overview

After the installation of Bollinger Squeeze with MACD at your mt4 terminal, your trading chart will be appeared as the following image:

Bollinger Squeeze with MACD
Bollinger Squeeze with MACD

Bollinger Squeeze with MACD comes up with a very simple idea to mix Bollinger Squeeze with MACD for a better accuracy in trend signaling services. The Bollinger Squeeze appears as a moving average line at a separate oscillator window along with MACD bars. The Bollinger Squeeze carrying a positive value with MACD closing above its zero level and turning into green color signals the buy signal and the bullish trend as well. An opposite scenario will signal the bearish trend and a sell entry at the market but in this case the MACD bars will turn red. Blue MACD bars signal ‘no trend’.

Bollinger Band Based Indicator: Exclusive Bollinger Indicator

Bollinger Squeeze with MACD: Buy Parameters

Bollinger Squeeze with MACD Buy Parameter
Bollinger Squeeze with MACD Buy Parameter
  • Bollinger Squeeze value is positive
  • MACD bars closes as green bars above the zero level
  • Buy triggers when the above conditions are met with a break of the respective signaling candle’s high
  • Put the stop loss limit below the signaling bar’s low
  • Exit long whenever Bollinger Squeeze turns negative and MACD bars closes as red or blue bars below the zero level

Bollinger Squeeze with MACD: Sell Parameters

Bollinger Squeeze with MACD Sell Parameter
Bollinger Squeeze with MACD Sell Parameter
  • Bollinger Squeeze value is negative
  • MACD bars closes as red bars below the zero level
  • Sell triggers when the above conditions are met with a break of the respective signaling candle’s low
  • Put the stop loss limit above the signaling bar’s high
  • Exit short whenever Bollinger Squeeze turns positive and MACD bars closes as green or blue bars above the zero level
Free Download Bollinger Squeeze with MACD
Free Download Bollinger Squeeze with MACD
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I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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