The Bears and Bulls Impuls indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify the strength of the bulls and bears in the market. The indicator uses two lines – a blue line representing the bulls and a red line representing the bears. When the blue line is above the red line, it indicates that the bulls are dominating the market and vice versa. The indicator also helps traders identify entry and exit points in the market. When the blue line crosses below the red line, it indicates that the bears are taking control of the market and traders should look for an entry point. On the other hand, when the blue line crosses above the red line, it indicates that the bulls are in control and traders should look for an exit point. The Bears and Bulls Impuls indicator is a great tool for traders who want to identify the strength of the bulls and bears in the market and make informed trading decisions.
MT4
Bears Bulls Impuls
The Bears and Bulls Impuls Forex Indicator is a popular and useful tool for traders of all levels. It does this by displaying the relationship between the Bears and Bulls power, which is calculated using the closing prices of a given period. The Bears and Bulls Impuls Forex Indicator is easy to use and can be a great addition to any trader’s toolbox.
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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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