The Bears Bulls Impuls Indicator for MT4 is a popular and free forex indicator that is useful for both experienced and novice traders. This indicator is designed to help traders identify price movements and potential trading opportunities in the forex market. The indicator works by displaying a histogram that shows the difference between the current and the previous bar’s close. If the histogram is positive, it indicates that buyers are in control of the price. If the histogram is negative, it indicates that sellers are in control of the price. The indicator also displays a bullish and bearish signal line, which can be used to help traders identify potential entry and exit points for their trades. The bullish signal line indicates that the trend is likely to continue in an upward direction, while the bearish signal line indicates that the trend is likely to continue in a downward direction. The indicator also provides a visual representation of the strength of the trend, which can be useful for traders who are looking to enter or exit a trade at the right time.
MT4
Bears Bulls Impuls
The Bears Bulls Impuls Indicator for MT4 is a useful and popular free Forex indicator that helps traders identify potential entry and exit points in the market. The indicator works by measuring the difference between the highest and lowest price of a given period, and then plotting a signal line based on the difference.
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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.
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