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Bollinger Band Squeeze Reversal (MT4) Trading System | 100% Free to Download

A forex trading technique called the Bollinger Band Squeeze Reversal System. It is a forex trading technique that follows the trend. The Bollinger Band Squeeze Reversal System also creates counter-trend trading signals, but we will not accept such trades to maximise our chances of winning. For swing traders, the Bollinger Band Squeeze Reversal System is ideal. The Bollinger Band Squeeze Reversal System is a straightforward forex strategy. Even a rudimentary understanding of the forex market and the Metatrader platform is sufficient to profit from this forex trading technique.

Bollinger Band Squeeze Reversal System employs four technical indicators in total. Three indications are displayed in the main chart window, and one is displayed in the indicator window. Your chart should appear like this after Bollinger Band Squeeze Reversal System is correctly setup on your trading platform:

Moving Average 

This forex trading technique employs two different moving averages. The first is an orange-colored 4-period moving average. Another option is a red-colored 8-period moving average.

3 Bbands

Bollinger bands are three bands. Despite the fact that this technique is built on Bollinger bands, we will not use them as a primary signal generator indicator.

BBsqueeze

The BBSqueeze technical indicator is a histogram that fluctuates in both positive and negative zone. The histogram is green when the market is bullish, and it is red when the market is bearish.

Bollinger Band Squeeze System Buying Conditions

  • Both Moving Averages should be crossed by the market.
  • Green should be the BBSqueeze indicator.
  • As soon as the following requirements are met, take your long position.
  • Set your stop loss right below the swing low from the previous day.
  • When the BBsqueeze indicator becomes negative, it's time to take profits.

Bollinger Band Squeeze Reversal System for Selling Conditions
  • Both Moving Averages should be crossed by the market.
  • Red should be the BBSqueeze indicator.
  • As soon as the following conditions are met, place your short position.
  • Set your stop loss immediately above the swing high from the previous day.
  • When the BBSqueeze indicator reaches positive territory, take profit.

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