Breakouts often follow a squeeze, providing an opportune entry point. Additionally, a yellow (default) cloud appears on the bands (if enabled in settings) when this condition is met. To anticipate breakouts, consider drawing a chart wedge pattern upon sighting these indicators. Our updated squeeze logic now incorporates squeeze dots on the zero line and labels to signal squeeze conditions.Exercise caution during neutral trends, as they tend to result in unprofitable choppiness.Enhance confirmation using Divergence analysis.The synchronized trend label and B4 Trend line indicate the correct trading direction when in agreement. Emphasize trading in alignment with the B4 midline direction.This info is for educational purposes only and will be updated to reflect each new version as it evolves: Many people are asking how I use this indicator so I decided to explain how I personally like you use this. This is how I like to trade this indicator and it is not to be considered trading advise. Let us know how you use it, how it works for your trades! B4 Indicator for TradingView, Thinkorswim and NinjaTraderĬomments are welcome.
