The BullsEye indicator for MT4 predicts bullish and bearish price movements.
Use in combination with trend tools/indicators (trend lines, Moving averages, ADX,…) to trade in the direction of the up-or down trend.
General Assumptions
Price bullish above the red line.
Price bearish below the red line.
Download
Download the BullsEye.mq4 indicator.
Configurable Indicator Options
Color
EUR/USD Daily Chart Example
How to install the BullsEye custom indicator in Metatrader 4?
- Download the BullsEye.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.