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Forex Bears Bulls Impuls Indicator

Forex Bears Bulls Impuls Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses moving averages. It has 3 settings, for example ma Period (default 13), ma MODE (default 3) and ma PRICE (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Indicator · MT4 · v1.0 · Free

About Forex Bears Bulls Impuls Indicator

Forex Bears Bulls Impuls Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Ma period, Ma mode and Ma price. MQL source code included.

Files in the download: BearsBullsImpuls-2b.mq4, installation manual.txt.

Settings

SettingDefaultWhat it does
Ma period13Period or timeframe used by the calculation
Ma mode30=MODE_SMA; 1=MODE_EMA; 2=MODE_SMMA; 3=MODE_LWMA.
Ma price50=PRICE_CLOSE; 1=PRICE_OPEN; 2=PRICE_HIGH; 3=PRICE_LOW; 4=PRICE_MEDIAN; 5=PRICE_TYPICAL; 6=PRICE_WEI

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria