The Training Bulls Bears Strength Indicator is a useful forex indicator that is popular among MT4 users. This indicator is free to use and provides valuable insights into the strength of bulls and bears in the market. The indicator calculates the strength of bulls and bears based on their trading activity and displays the information in an easy-to-read format. Traders can use this information to make informed decisions about when to enter or exit trades. To use the Training Bulls Bears Strength Indicator, simply add it to your MT4 platform and customize the settings to suit your trading style. The indicator will then display a visual representation of the strength of bulls and bears, helping you to identify potential trends and reversals in the market. Overall, this indicator is a valuable tool for forex traders looking to gain a better understanding of market sentiment.
MT4
Training Bulls Bears Strength
Bulls Bears Strength Indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator measures the strength of bulls and bears in the market, helping traders identify potential trends and reversals. By analyzing the ratio of bullish and bearish pressure, traders can make more informed decisions about when to enter or exit trades.
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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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