Squeeze RA V1 Forex Indicator is a trend-following forex trading indicator that identifies possible areas of trend diverse and plots trade signals within the direction of the confirmed market trends.
This indicator has been specially designed for newbie trend-based traders. Therefore, it uses a very simple technique for demonstrating the trade signals which can be read by traders with any level of experience.
Squeeze Indicator can be applied to trade all kinds of forex currency pairs and other financial instruments around the financial markets. Moreover, this indicator fits great with all sorts of timeframe charts within the MT4 platforms.
Squeeze RA V1 Forex Indicator Overview
After the installation of the Indicator at the MT4 terminal, your chart will appear like the following image:
Squeeze RA V1 Forex Indicator Explanation
Squeeze RA V1 Forex Indicator is a completely improvised version of the Squeeze-Break Indicator. Its developer has made only some BB/KC calculation changes for making it smoother and minimizing the lagging issue.
It signals the market trend in the same manner as MACD. Its value turns positive means the trend is up and it is time to go for the long entry.
On the other hand, a negative value tells its time to look for short opportunities only. You may add some other trend-based indicators along with V1 Forex Indicator for greater accuracy and more confirmation of trade signals.
Also Read: An Extensive XM Review
Squeeze RA: Buy Parameters
- RA V1 Indicator value turns positive
- A bullish bar forms near the recent market low
- Buy triggers when both of the above conditions are met
- Set stop loss below the low of the signaling bar
- Exit long/take profit whenever the indicator bar changes its current color
Squeeze RA: Sell Parameters
- RA V1 Indicator value turns negative.
- A bearish bar forms near the recent market high.
- Sell triggers when both of the above conditions are met.
- Set stop loss above the high of the signaling bar.
- Exit short/take profit whenever the indicator bar changes its current color.
