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GT SqueezeBreakOut Signal Indicator

The GT_SqueezeBreakOut signal indicator is a momentum based strategy using the bollinger bands and standard deviation indicators (which indicate periods of low volatility and eventual breakout) as well as the Fisher momentum/trend indicator to filter quality trade signals. 

It shows the squeeze (price consolidation) periods on chart and also signals on breakout of squeeze/price consolidation. You get instant alert/ push notification both on chart and on any other device used to receive alert signals from MT4.

Suitable for all timeframes and all markets in identifying periods of low volatility and not miss out on the breakout.


It is one of the oldest yet most reliable momentum based strategy with Risk to Reward ratio varying from 1:2RR  to 1:8RR. 

"Always keep it simple"!

Tip: Identify breakouts on higher timeframe e.g. W1, D1, H4, H1 and switch to lower timeframe charts to trade in the direction of breakout + momentum. (For intraday scalps/swing trade opportunities).

Once downloaded, it comes with default parameters. Most preferred and tested parameters is shown in the screenshot 5.

You may download the Fisher Momentum indicator for free for indicator to appear on chart incase it doesn't.

https://www.mql5.com/en/market/product/111243?source=Site+Profile+Seller


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Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex Price Interaction Events All events are effective immediately and only after on
The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -
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