Forex Squeeze Indicator

The forex squeeze indicator is based on a trading strategy found in the book Mastering the Trade, written by john Carter.

The indicator moves between -0.422 (extremely bearish) and 0.1611 (extremely bullish).

Trading Signals

Buy signal: Go long at the first blue bar.

Sell signal: Go short at the first red bar.

Trading Tips

Use in conjunction with an oscillator (stochastic, momentum, macd) to pinpoint your entry and exit levels.

Indicator Preferences

Currency pairs: any

Time frames: any

Trading sessions: any


Download the squeeze_v1.mq4 indicator.

Configurable Indicator Options

Bar colors, …

EUR/USD Weekly Chart Example


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