Bull Bear Ac MTF Indicator
The Bull Bear Ac MTF Indicator for MT4 delivers accurate buy and sell signals across multiple time frames.
The Bull Bear Ac MTF Indicator is a MetaTrader 4 indicator that measures the momentum and identifies buying and selling opportunities across multiple timeframes. It is and ideal technical indicator for scalping and intraday trading activities.
The indicator was built by combining the features of the accelerator oscillator and the T3 moving averages to detect market momentum and the market trend direction/reversal zones. The accelerator oscillator of the indicator keeps a tab on the market momentum, while the T3 moving averages spot the potential reversal zones and the trend direction.
How to Trade with the Bull Bear Ac MTF Indicator for MT4
The above image shows the bullish/bearish momentum and the trend direction analysis by the Bull Bear Ac MTF indicator.
The deep sky blue and the pale violet lines are the moving averages, which suggest trend reversal/direction of the market. The sky blue line above the zero level indicates a bullish trend, while the pale violet line above the zero level also suggests a bearish trend.
Therefore, to find a buying opportunity, wait for the sky blue line to cross above the zero level and also wait for the indicator to display the lime green bar (which suggests bullish momentum) before opening a buy position. Similarly, you may look for a sell entry if the pale violet line crosses above the zero line and the histogram bar turns red (indicating bearish momentum).
Conclusion
The Bull Bear Ac MTF Indicator for MT4 harnesses the awesome indicator and the T3 moving averages to identify clear-cut buying and selling opportunities in the market. However, the indicator can be used with price action/other technical indicators to find trade entry zones.
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