Here is the BB Squeeze Indicator for NinjaTrader.
The BB Squeeze indicator is based on one of Carter’s indicators. It contains elements from keltner channels and both momentum and bollinger bands and definitely has it uses if you want to trade using indicators.
When the bollinger band is inside the K-Channel the dot will be red. If the bollinger band is outside the keltner channel then the dot will be blue (depend on your settings). This is a when you would be seeing some quicker, directional price moves. The momentum is displayed as the histogram. And declining momentum (in either direction) is represented by a change in ‘tone’ of the colour of the histogram bar.
The image belows shows you how the BB Squeeze Indicator looks on NinjaTrader
It’s a very nice indicator and I thouroughly reccomend at least watching it for a while. I think even if you decide
not to use it in your trading you will learn more about the market and the way it moves and how staying out of the market at certain points can benefit the bottom line in your trading.
Download: BB Squeeze Indicator
If you are looking for the Metatrader version please visit this article: BB Squeeze Indicator For MT4