DayBears is the Bears Power indicator, in which the indicator period is calculated automatically using the number of bars of the current day.
Timeframe: M1-D1. At the first run, the indicator needs some time for calculation.
MT4 Indicators – Download Instructions
DayBears is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
DayBears provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install DayBears.mq4?
- Download DayBears.mq4
- Copy DayBears.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on DayBears.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator DayBears.mq4 is available on your Chart
How to remove DayBears.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download below: