VolatilityMetaTrader 5 • MQL5

Bollinger Bands Squeeze Indicator for MetaTrader 5

Detect low-volatility squeeze setups before explosive breakouts

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About This Indicator

Identifies periods where the bands narrow to historically low levels - a squeeze setup that often precedes explosive price breakouts. When the squeeze releases and momentum fires, it generates directional signals with alerts.

Key Features

  • Detects Bollinger Band squeeze conditions
  • Momentum histogram shows breakout direction
  • Alert when squeeze fires (breakout signal)
  • Configurable BB period and deviation
  • Works on any market or timeframe

Frequently Asked Questions

What is a Bollinger Band Squeeze?

A squeeze occurs when Bollinger Bands contract inside Keltner Channels, indicating very low volatility and a likely upcoming breakout.

How do I trade the squeeze?

Wait for the squeeze to fire (bands expand), then enter in the direction of the momentum histogram color.

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