Squeezer MT5
- Indicators
- Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
- Version: 1.1
- Updated: 8 November 2022
- Activations: 5
The Squeezer indicator simply draws ascending lines with Sell signal in the downtrend and descending lines with Buy signal in the uptrend to catch the pullbacks and sniper entries. This is a common successful trading strategy being used by many successful traders, and the good thing about this strategy is that it works with all time frames. The difference is in the take profit level between them.
Buy / Sell signals are triggered at the close of the current candles above / below the ascending or descending line.
This indicator was created to publish meaningful signals to your mobile app or on the terminal on your desktop as simple as "Symbol name - Time Frame - Direction".
To know more about this strategy, please refer to the video below from the "Trader DNA" channel.