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BullBear Indicator

150 USD

Author debarred from selling products

Demo downloaded: 2

Published: 10 March 2024

Current version: 1.0

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BullBear Indicator

Indicators
Arsen Khachatryan
Version: 1.0
Activations: 5

BullBear Indicator — is a highly effective market analysis tool that adapts to both trending and flat market conditions. This indicator is particularly suitable for scalping and swing trading, serving not just as an analysis tool but as a complete trading strategy. No additional indicators are required for its use.

When activated on a chart, BullBear Indicator displays two key lines:

The thick line (“trend line”) determines the overall market direction and forms the basis for trading decisions.
The thin pink line (“signal line”) indicates optimal market entry points. For added clarity, the indicator is equipped with arrows that do not repaint after appearing.

The trend line helps forecast market trends. If it drops below level 20 and then rises, it signals a potential shift to a bullish trend. Conversely, if the line exceeds level 80 and then falls, it may indicate the formation of a bearish trend. A constant position of the line below level 20 or above level 80 indicates the predominance of the respective trend.

The signal line is used for precise timing of trade entries. For example, if the trend line remains above level 80, and the signal line drops below level 20, it could be an opportune moment to open long positions. Conversely, if the trend line is below level 20, and the signal line rises above this level, it could signal the opening of short positions. The signal line also helps set more accurate stop-losses, which can significantly reduce risks.

Although BullBear Indicator is a self-sufficient tool, it can be combined with other indicators to create a unique trading strategy. It is recommended to avoid trading during periods of high volatility or significant news events. Mastering the indicator through practice and testing your strategy on a demo account before starting real trading can greatly enhance trading efficiency.

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