The Dark Squeeze Forex MT4 indicator is a true trend scalper that can be deployed on any time frame with good success rate.
This scalper delivers pretty accurate buy/sell scalping signals on any currency pair.
You can even use it on the higher time frames. Just try it.
I advise to use this scalper during the London and US trading sessions only when scalping the lower time frames for quick profits.
Key Takeaways
- Blue colored Dark Squeeze bars represent a buy scalper trend.
- Red colored Dark Squeeze bars represent a sell scalper trend.
- Works great for scalping on any time frame.
- Simple buy/sell trading signals that work.
- Complete Forex trading system solution.
Read below how to open buy and sell trades with the Dark Squeeze Forex Scalper MT4 indicator.
Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “bbsqueeze-dark.ex4” Metatrader 4 indicator
Dark Squeeze Forex Scalper Indicator Chart
Here’s an example (EUR/USD M5 chart) of how the indicator should look like when loaded onto the Metatrader 4 chart.
Attach the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Signals With The Dark Squeeze Forex Scalper Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Buy the currency pair when the Dark Squeeze indicator draws its first blue bar on the chart. This is your buy entry.
Place initial stop loss below short-term support, or use your own favorite SL method.
Close the buy trade for a reward/risk ratio of 1.0 or higher, or use your own take profit strategy.
Alternatively, close the buy scalper trade for a fixed profit target, for example +15 pips on the M5 scalping chart.
Sell Trigger: Short the currency pair when the Dark Squeeze indicator draws its first red bar on the chart. This is your sell entry signal.
Place initial stop loss above short-term resistance, or use your own favorite SL method.
Close the buy trade for a reward/risk ratio of 1.0 or higher, or use your own take profit strategy.
Alternatively, close the sell scalper trade for a fixed profit target, for example +30 pips on the M15 intraday chart.
Download This Forex Indicator Now
Download the “bbsqueeze-dark.ex4” MT4 indicator
Adjustable Parameters
Keltner factor, Bollinger period, Keltner period, color, width, style.
Usage
The indicator can be deployed as a standalone trading system or strategy.
It can also be combined with:
- Trend indicators (Moving Average, Parabolic SAR,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend scalper
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.