Bulls vs Bears Smoothed Alert Indicator




This is my new trend indicator oscillator it showing you strength of bulls and bears on a chart.

Supported Features :

Projectreaper ConnectUSER GUIDE
Projectreaer Trend OS FiltersUSER GUIDE

Settings :

CalculationPeriod – amount of bars to calculate
Method – formula to calculate indicator
Price – price type
IndicatorSmooth – amount of smooth (1-off)
IndicatorSmoothMethod – smooth formula
DrawBars – amount of bars to draw indicator data

PopupAlert – enable terminal alert windows
SoundAlert – enable sound alerts
ArrowsOnChart – enable draw arrows on price chart
IndicatorArrows – enable draw arrows on indicator sub window
SMSPushAlert – Push alerts to your phone
EmailAlert – Email alerts to your phone

Buy_ArrowColor – color of buy arrows
Sell_ArrowColor – color of sell arrows
Arrows_Width – width of signal arrows

How to trade:

Buy trading signal would be if blue (bulls) line crosses up red (bears) line

Sell – vise versa

Also this indicator can be used as a trend direction filter I specially added Bullish and Bearish market markup in the indicator interface

Check the screenshots

forex bulls vs bears indicator

forex bulls vs bears indicator


How to install :

1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address

How to find Data folder :

in the terminal click File menu – Open Data Folder

Good trading!

If you need help

Write down comment or use the feedback button


  1. All your indicators, which you have labored to code, seem to have distinct benefits. I am humbled to be able to use them for FREE, thank you so much!

    If I would ask anything of you it would be for a series of blog posts about how you would combine some of these and come of with angles for a trading system of that nature. Respecting your time, if such a thing never happens, it is fine.

    All the best! ~tux


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