Hello
I've come across this bollinger band squeeze indicator. It supposed to identify volatility squeeze and release of 'suppressed momentum'. It can be used when is aligned with any particular trading entries - released volatility means higher possibility of making decent profit. There is also histogram with differently coloured bars symbolizing weakness or strength and zero line cross. Therefore is tempting to use this indicator on its own merits to make trading decisions...
I'd like to make an request to adapt it for marketscope.
MQ4 file and an example of the indicator are shown below the post.
kind regards - B.