Forex Trend Momentum Bulls Bears Power System

Scalping and swing trading with “Forex Trend Momentum Bulls Bears Power System“. The Bulls Power indicator attempts to measure the market’s appetite for higher prices. The Bears Power indicator attempts to measure the market’s appetite for lower prices.

• Time Frame: M5 or higher
• Currency Pairs: Any

 

• Bulls Power
• Bears Power
• BBands Stop
• Moving Average
• Parabolic SAR
• MACD
• Commodity Channel Index

• Download “TraderVersity.Com-BullsBearsPower” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-BullsBearsPower.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity.Com-BullsBearsPower” trading  system and strategy
• You will see “Trend Momentum Bulls Bears Power Trading System” is available on your Chart

 

• Bulls Power above 0 level
• Bears Power above 0 level
• BBands Stop lime color
• Price above the Moving Average line and Parabolic SAR
• MACD histogram above 0 level
• Commodity Channel Index line above 50 level

 

• Bulls Power below 0 level
• Bears Power below 0 level
• BBands Stop orange color
• Price below the Moving Average line and Parabolic SAR
• MACD histogram below 0 level
• Commodity Channel Index line below -50 level

 

• Use a demo account or a small live account first to practice this trading system
• Place the stop loss (initial Stop Loss and trailing stop loss) at the BBands Stop Indicator
  • For example, a SELL order should have a stop placed above the lime BBands Stop indicator, while a BUY order should have a stop placed below the orange BBands Stop Indicator

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