Bear Indc V3.1 : A Comprehensive Guide
The Bear Indc V3.1 is a trend oscillator that evaluates the sellers’ power to influence the price of a financial instrument. It’s a technical guide rather than a signal generator
Key Features
- Trend Assessment: Measures the activities of sellers (bears) in the market.
- Histogram Display: Displays the difference between the 13-period exponential moving average (EMA) and the lowest price moved by a bar.
- Zero Line Crossings: Indicates changes in bears’ power based on histogram bars crossing above or below the zero line.
Trading Strategy
The indc doesn’t directly trigger trades, but it informs your decisions:
- Bearish Dominance: Look for selling opportunities when the histogram bars move below the zero line. This suggests bearish control.
- Trend Reversal: Consider closing a sell position when the indicator diverges from the market price, signaling a potential trend reversal.
Minimum Deposit
There’s no specific minimum deposit requirement for using the Bear Indc V3.1 .However, ensure your account has sufficient funds to cover your trading activities.
Recommended Currency Pair
For optimal results, consider using the Bear Indc V3.1 on the EURUSD currency pair.
Remember, this indicator enhances your understanding of market dynamics, so use it alongside other analysis tools for informed trading decisions.
Happy Trading
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