Introducing the BBsqueeze Dark Forex trading Indicator. This is one of the simplest indicators you can find. When the BBsqueeze Dark indicator is properly used and combined with other indicators it can be extremely useful for your trading success. Often when you use this indicator to validate your trading decisions might feel like something is missing, therefore, it is very important to combine this indicator with other indicators to make desirable profits. Well unless you are a price action trader, you might not need other indicators because price action traders study price with strength and weakness rather than only depending on indicators. If you do use price action analysis to make your trading decisions, you can use BBsqueeze Dark indicator to confirm your trades.
Install BBSqueeze Dark Indicator, your platform should look like this;
This indicator is simply a blue and red histogram that moves in the positive and negative territory. It displays red on the negative territory and blue on the positive territory. Very straightforward to understand, when the histogram is in the positive territory, you should only look for buying opportunities and when you see the histogram in the negative territory, you should be looking for selling opportunities.
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Conditions For Buying Using BBSqueeze Dark indicator.
- The Market should be up trending.
- The BBSqueeze indicator should be in positive territory.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the BBSqueeze indicator dives into the negative territory.
Conditions For selling Using BBSqueeze Dark indicator.
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- The Market should be down trending.
- The BBSqueeze indicator should be in negative territory.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the BBSqueeze indicator rises to the positive territory.
Download Free Forex BBSqueeze Dark Indicator
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