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BullsEye Metatrader 4 Indicator

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 the BullsEye.mq4 indicator.

Configurable Indicator Options


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.