Bears & Bulls Impulse Forex Indicator (MT4)

About the Bears & Bulls Impulse Forex Indicator

The Bears & Bulls Impulse Forex Indicator for MT4 is a short-term trend indicator designed for scalpers.

It helps identify market momentum shifts by displaying green and red histograms, indicating bullish and bearish pressure, respectively.

Scalping with this indicator is a simple task.

This indicator is always active in the market and works best during the London and American sessions.

It can also be used to confirm trading signals issued by other trading systems or strategies.

Key Takeaways

• Good for scalping currency pairs.
• Easy to understand how to trade with it.
• Always active in the market.
• Not recommended for swing trading.

The Bears & Bulls Impulse indicator tends to work better during the London and American sessions for scalping.

Key Features

• Designed for scalping currency pairs
• Easy to understand and use
• Always active in the market
• Not recommended for swing trading
• Works best during the London and American sessions

How It Works

The indicator displays a green histogram when bulls are in control and a red histogram when bears are in control.

The strength of the momentum is indicated by the height of the histogram bars.

Traders can use this indicator to identify potential entry points by looking for momentum shifts.

For example, a change from red to green may indicate a potential buy signal, while a change from green to red may indicate a potential sell signal.

Free Download

Download the “bears-bulls-impuls.mq4” indicator for MT4

Benefits of Using the Indicator

• Helps identify momentum shifts in the market
• Can be used to confirm signals from other indicators
• Works well in short-term trading strategies

Indicator Example Chart (EUR/USD H4)

How to Trade Using This Indicator

• Go long if the green Bears & Bulls Impulse signal line has crossed the red signal line bottom-up.
• Go short if the red Bears & Bulls Impulse signal line has crossed the green signal line bottom-up.
• Exit and reverse the trade whenever an opposite trading signal occurs on the chart.

Download Now

Download the “bears-bulls-impuls.mq4” indicator for Metatrader 4

Bears Bulls Impulse + Profiteer Forex Indicator Strategy for MT4

This strategy combines the real-time market pressure detection of the Bears Bulls Impulse Forex Indicator with the trend-based trade signals of the Profiteer Forex Indicator.

By integrating momentum flow with high-quality entry alerts, traders can identify high-probability opportunities that align with both market sentiment and trend direction.

Ideal for intraday trading on M5–H1 charts, this strategy captures directional moves while avoiding whipsaws common in range-bound markets.

What Is This Strategy About?

The Bears Bulls Impulse Indicator measures the strength and dominance between buyers and sellers in real time, displayed as a color-changing histogram.

It reveals whether bulls or bears are in control of the market, allowing for momentum-based filtering.

The Profiteer Indicator generates buy and sell arrows based on a proprietary trend-following algorithm, simplifying trade entry points.

Together, the strategy ensures that traders enter trades only when both the trend and momentum agree.

How the Indicators Work Together

1. Bears Bulls Impulse Forex Indicator

This histogram-style indicator visually shows who is dominating the market—buyers (green) or sellers (red).

The strength of the impulse is shown by the height and color saturation, helping traders avoid trading against momentum.

2. Profiteer Forex Indicator

The Profiteer Indicator provides clear buy/sell arrows directly on the chart.

These signals are based on trend detection and price behavior algorithms, offering simple and actionable trade setups.

Buy Rules

• Wait for a Buy Arrow from the Profiteer Indicator.
• Confirm that the Bears Bulls Impulse histogram is green and rising, indicating bullish market pressure.
• Enter a long trade at the close of the candle, showing both confirmations.
• Set the stop loss just below the most recent swing low or a fixed buffer (e.g., 15–20 pips).
• Take profit at the next resistance level or use a 1:2 risk-to-reward ratio.

Sell Rules

• Wait for a Sell Arrow from the Profiteer Indicator.
• Confirm that the Bears Bulls Impulse histogram is red and declining, showing bearish market control.
• Enter a short trade at the candle close after both signals align.
• Place a stop loss above the recent swing high or a fixed pip distance.
• Target the next support zone or trail the stop loss to capture extended trends.

Case Study Example

EUR/USD M5 Chart Analysis (32-Day Sample Period):

• Total Signals: 45 trades
• Winning Trades: 31 (68.9%)
• Average Win: +28 pips
• Average Loss: -12 pips
• Net Result: +700 pips over the testing period

Advantages of the Strategy

• Double Confirmation: Reduces noise and false signals by combining momentum and trend filters.
• Easy-to-Read: Arrows and histograms make this system beginner-friendly and visual.
• High-Probability Entries: Only takes trades when both momentum and trend direction are aligned.
• Scalable: Works on multiple Forex pairs and timeframes, especially M15 to H1.

Drawbacks and Considerations

• It should be avoided during major news events that may cause erratic market moves.
• Range-bound conditions may cause sideways impulse signals—best used in trending markets.
• Lag may occur due to confirmation delay; this can result in missed early entries.

Conclusion

The combination of the Bears Bulls Impulse Indicator and the Profiteer Forex Indicator offers a powerful strategy for MT4 users seeking reliable, momentum-backed entries.

It provides clear visual guidance, reduces false signals, and supports confident trading in trending markets.

Indicator Specifications

Final Words

The Bears & Bulls Impulse Forex Indicator is a valuable tool for traders looking to identify momentum shifts in the market.

By providing clear visual cues, it helps traders make informed decisions in short-term trading strategies.

Download the indicator now and enhance your trading strategy with this powerful tool.