Bull and Bear Entry | Forex Indicator Download - MT4/MT5 Resources
GBP/JPY currency pair
Time range 5 minutes
Require
EMA 21 High
EMA 21 low
Zuhei Ken
Bull Cycle 14 and Bear Cycle 14 (both in the indicators section)
Open the data window to view bull and bear numbers
Long entry:
Candle closes below EMA 21 (lowest price), bull index is 0.01 and above
Enter trade on next candle
Exit when the next candle opens in red
Short entry:
Candle closed above EMA 21 (highest), short count (negative) 0.01 and above
Enter trade on next candle
Exit when the subsequent candle opens white
Stop Loss: Based on the aggressive nature of the risk taken by the trader
If the candle is within the EMA 21 high and low, it is not tradeable
Time range 5 minutes
Require
EMA 21 High
EMA 21 low
Zuhei Ken
Bull Cycle 14 and Bear Cycle 14 (both in the indicators section)
Open the data window to view bull and bear numbers
Long entry:
Candle closes below EMA 21 (lowest price), bull index is 0.01 and above
Enter trade on next candle
Exit when the next candle opens in red
Short entry:
Candle closed above EMA 21 (highest), short count (negative) 0.01 and above
Enter trade on next candle
Exit when the subsequent candle opens white
Stop Loss: Based on the aggressive nature of the risk taken by the trader
If the candle is within the EMA 21 high and low, it is not tradeable
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