The Bull Bear Market Way Indicator is a useful and popular free Forex indicator for MT4 traders. It is designed to help traders identify potential market trends by displaying the current trend direction of a currency pair. The indicator uses a combination of moving averages and oscillators to provide traders with an easy-to-follow visual representation of the current trend. The indicator also displays a signal line which can be used to confirm the direction of the trend. The indicator is easy to use and can be applied to any currency pair. It is a great tool for both novice and experienced traders. The indicator will display a buy signal when the current trend is bullish and a sell signal when the trend is bearish. The signal line will help traders confirm the direction of the trend. The indicator also plots a histogram which can be used to measure the strength of the trend. It provides traders with an easy-to-follow visual representation of the current trend and can be adjusted to fit any trading style.
MT4
Bull Bear Market Way
The Bull Bear Market Way Indicator is a useful free MT4 forex indicator that helps traders identify the current market trend. It displays a bullish or bearish arrow on the chart, and traders can use the signal to determine whether they should enter a buy or sell position. The Bull Bear Market Way Indicator is a great tool for traders who are looking to capitalize on the current market trend.
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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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