Bull and Bear Power (Indicator for MT4)

The Bull & Bear Power Indicator is a powerful tool designed for MetaTrader 4 that helps traders visualize the ongoing battle between buyers (bulls) and sellers (bears) in the market. Whether you’re a trend follower or a reversal hunter, this indicator gives you a clear edge by showing who’s really in control.

Key Features:

• Dual Histogram Display: Instantly see bullish and bearish pressure with color-coded histogram bars.
• Dynamic Linear Regression Line: A smart trend line that changes color based on momentum:
  • 💚 Green = Uptrend (bulls gaining strength)
  • ❤️ Red = Downtrend (bears taking over)
• Customizable Period: Adjust the sensitivity of the indicator to match your trading style.
• Clear Visuals: Designed for clarity and speed—no clutter, just clean signals.

🧠 How It Works:

The indicator calculates the difference between price highs/lows and an EMA to determine bull and bear power. It then applies a linear regression model to these values, giving you a smooth, color-changing trend line that reflects the market’s underlying strength.

🎯 Perfect For:

• Trend confirmation
• Entry/exit timing
• Spotting momentum shifts
• Traders who love clean, data-driven visuals

More info : https://abdusy.troi-z.com/bull-bear-power-indicator-the-comedy-duo-of-your-mt4-chart/