The technical indicator MT4 4 time frame BearsBullsImpuls nmc is a multi timeframe binary indicator to simultaneously establish the direction of the trend on 4 different time frames.
The trading signals (buy / sell) generated are based on the histogram of a BearsBullsImpuls indicator.
The stock indicator BearsBullsImpuls displays the signal line of force buyers (bulls) and line signal strength of the sellers (bears)
The strength of bulls and bears is calculated on a moving average to smooth prices .
Using multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
An alert system per message, sound or email can be configured optional
version supports Metatrader MT4 Build and B600 (nmc: New metatrader compliant)
included
4 time frame BearsBullsImpuls nmc.mq4
Broker Online - Broker Exchange : platform MT4 Trading Metatrader
Interpretation Rules - signals From Trading
For the corresponding time frame
* signal ' purchase : bull market trend
. Formation of a square 4 4 time frame time frame BearsBullsImpuls positive nmc green: the bulls curve (green) has crossed upwards the bears curve (red) - Trend bullish on the corresponding time frame
. All squares are positive - Strong uptrend
* Selling signal: bear market trend
. Formation of a square 4 time frame BearsBullsImpuls negative red: the bulls curve (green) has crossed down the Bears curve (red) - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
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time unit - time Frame: 15 Minutes M15
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