Bull Bear Signals Dashboard Metatrader 4 Forex Indicator

The Bull Bear Signals Dashboard Metatrader 4 forex indicator displays the best currency pairs to trade in one handy dashboard window.

The indicator is based on two CCI extreme values. The default values are set to -100 (CCI low) and 100 (CCI high).

The indicator displays its bull/bear recommendations for the following timeframe’s: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week and 1-Month.

  • Bull: the pair is trending up (look for buy trade opportunities)
  • Bear: the pair is trending down (look for sell trade opportunities)

Default currency pairs: EUR/USD, EUR/GBP, EUR/JPY, GBP/USD, GBP/JPY, USD/CHF, AUD/USD and USD/CAD.

Tip: Confirm the signals from this indicator with trend following indicators or other technical tools.

Free Download

Download the extreme-hook.mq4” MT4 indicator

Example Chart

The EUR/USD M5 chart below displays the Bull Bear Signals Dashboard forex indicator in action.

Basic Trading Signals

Signals from the Bull Bear Signals Dashboard forex indicator are easy to interpret and goes as follows:

Buy Signal: Look for buy trade opportunities when the indicator dashboard displays “bull”.

Sell Signal: Look for sell trade opportunities when the indicator dashboard displays “bear”.

Trade Exit: Close the open trade when an opposite signal occurs, or use your own method of trade exit.

Download

Download the extreme-hook.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Variable (Pairs, ExtremeCCHigh, ExtremeCCILow) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Trend

Installation

Copy and paste the extreme-hook.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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