The Bulls Bear Power Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels. It is a technical indicator that uses price and volume to measure the strength of a trend. The indicator is designed to show the amount of buying or selling pressure in the market. It is based on the idea that when the bulls (buyers) are strong, prices will rise, and when the bears (sellers) are strong, prices will fall. The indicator is calculated by taking the difference between the closing price and the highest price of the day, and then dividing it by the total volume traded for the day. The result is then displayed as a histogram, with the positive values indicating bullish pressure and the negative values indicating bearish pressure. The Bulls Bear Power Indicator MT5 is a great tool for traders to use when trying to identify potential entry and exit points. It can also be used to identify potential reversals in the market, as well as to confirm existing trends. The indicator is easy to read and interpret, making it a popular choice among traders.
MT5
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Bulls-Bear-Power-Indicator-screenshot-1-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Bulls-Bear-Power-Indicator-screenshot-2-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Bulls-Bear-Power-Indicator-screenshot-4-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Bulls-Bear-Power-Indicator-screenshot-3-1-230x144.png)
Bulls Bear Power
The Bulls Bear Power Indicator MT5 is a popular and free Forex indicator that can be used to identify market trends and provide useful insights into the trading process. This indicator is designed to measure the strength of buyers and sellers in the Forex market, helping traders to make better-informed decisions. This indicator is useful for both short-term and long-term traders, and is especially helpful for those looking to identify entry and exit points for their trades.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 15
Description
Reviews (0)
Be the first to review “Bulls Bear Power” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Volatility Quality
The Volatility Quality Indicator is a useful and popular free Forex indicator for MT4 that helps traders identify the best entry and exit points in the market. This indicator is based on the ratio of the price range of a given period to the average true range of the same period. It helps traders determine the quality of the volatility of a currency pair. It is also a great tool for identifying support and resistance levels. The Volatility Quality Indicator is a great way to make informed decisions when trading Forex.
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Synthetic VIX
The Synthetic VIX Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator utilizes a combination of price action and signals from multiple time frames to accurately predict market movements. The Synthetic VIX indicator can be used to identify potential entry and exit points in the market, as well as to identify trend reversals and breakouts. It is designed to provide traders with an easy to use and reliable indicator that can help them make informed trading decisions. With its accurate and reliable signals, the Synthetic VIX Indicator is a great tool for any trader looking to improve their trading performance.
CCI Divergence
The CCI Divergence Indicator for MT4 is a useful and popular free Forex indicator. It is used to identify potential reversals in the market by looking for divergences between price and the Commodity Channel Index (CCI). The indicator uses the CCI to determine when the market is overbought or oversold and when the trend is likely to reverse. It will then plot a divergence line on the chart to indicate potential reversal points. The CCI Divergence Indicator for MT4 is a great tool for traders of all levels and can be used to help traders make more informed decisions.
3 Color MACD
The 3 Color MACD Indicator is a useful forex trading tool that is available for free on MT4. This popular indicator uses Moving Average Convergence Divergence (MACD) to help traders identify market trends and potential entry/exit points. The indicator is easy to use and can be applied to any currency pair or timeframe. It is ideal for both novice and experienced traders who want to enhance their trading strategy with a reliable technical indicator.
Currency Pairs Correlation
The Currency Pairs Correlation indicator is a free and popular tool for forex traders available on MT4 platform. It shows the correlation between various currency pairs, helping traders identify potential trading opportunities and manage their portfolio risk. The indicator calculates correlation coefficient between selected currency pairs and displays it as a color-coded matrix. The Currency Pairs Correlation indicator can be used by both novice and experienced traders to get a better understanding of market dynamics and make more informed trading decisions.
Reviews
There are no reviews yet.