Hi.
This is my new trend indicator oscillator it showing you strength of bulls and bears on a chart.
There’s the settings:
nothing unusual here just period of bars, type of the MA to calculate values and price type.
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
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How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
How to find Data folder :
in the terminal click File menu – Open Data Folder
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Rating
Votes
5 based on votes
Software Name
Projectreaper Bulls vs Bears indicator
Terminal
Metatrader4
Software Category
Forex Indicator
Price
USD 30
Official Page
If you need help
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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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