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Bearish and bullish trends are an indispensable part of trading because if these price developments did not exist, then the whole trading would be meaningless as the price would be constant.
Bulls&Bears Lines is a relatively new trading indicator that focuses specifically on the development of bearish and bullish trends, and its error rate in terms of predictions is very small, one could even say negligible.
- The Bullish and Bearish Trend Indicator
- User difficulty: simple
- Usability: Forex, Stocks, Oil
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
Trading with this unique indicator is not complicated at all, because with Bulls&Bears Lines the trader has the possibility to know in two ways (through the lines and also with the help of text information - see above) what trend the market is currently in.
In the charts above and below, it is possible to see two opposite situations (short and long trend) in which it was possible to enter a trading position after a change of line and color.
Download Bulls&Bears Lines from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.
