Bulls and Bears v2 MT4

Bulls&Bears v8.45 — Intelligent Grid Trading with Dynamic Power Analysis

Fully automated Expert Advisor that identifies market direction using smoothed Bears Power and Bulls Power indicators, confirmed by an RSI filter. Once a signal is detected, the EA opens an initial position and builds a grid of orders with martingale lot scaling. Grid spacing adapts dynamically to current market volatility.

How It Works

Signal Detection: The EA calculates a smoothed moving average on both Bears Power and Bulls Power arrays. The combined value determines market bias. RSI on the Daily timeframe confirms entries to avoid trading against strong trends.

Grid Building: When price moves against the initial trade by a defined step distance, additional positions are opened at each grid level. The step can be fixed (PipStep) or dynamic — calculated from the High/Low range of recent bars divided by the power indicator value. Lot sizes increase at each level using a configurable multiplier (default 1.23x).

Exit Management: Take Profit and Stop Loss are placed relative to the volume-weighted average entry price of all open positions. A trailing stop activates once profit reaches a defined threshold, locking in gains. If CCI on H1 hits extreme levels (±800 default), all positions are closed as a timeout safety mechanism.

Key Features

  • Bears & Bulls Power + RSI entry filter — avoids false entries in strong counter-trends
  • Dynamic grid spacing — wider in volatile markets, tighter in calm conditions
  • Martingale lot scaling — each grid level increases position size for faster recovery
  • Trailing stop — locks profit once the trade moves in your favor
  • CCI emergency close — liquidates all positions at extreme CCI levels
  • Equity stop-out — closes everything if drawdown exceeds a percentage of peak equity
  • Volume-weighted average entry — TP/SL calculated from the true cost basis of all positions
  • Margin safety check — automatically skips trades when account cannot support the position
  • Broker validation — respects SYMBOL_TRADE_STOPS_LEVEL, FREEZE_LEVEL, and spread
  • On-chart display — dark theme with real-time balance, daily change, and open P&L

Recommended Settings

  • Account: Hedging or Netting
  • Deposit: $500+ for Forex pairs, $5,000+ for XAUUSD
  • Timeframe: H1 (default), adaptable from M30 to D1
  • Pairs: EURUSD, GBPUSD, and other major Forex pairs
  • Leverage: 1:100 or higher
  • Spread: Low spread broker recommended

Input Parameters

  • PipStep — grid distance in points (fixed or dynamic)
  • Multiplier — lot scaling factor per grid level
  • TakeProfit / Stoploss — distance from average entry in points
  • TrailStart / TrailStop — trailing stop activation and distance
  • BearsBullsPeriod — indicator calculation period
  • RSIPeriod / RSITimeFrame — entry filter settings
  • CCIPeriod / CCILevel — timeout close trigger
  • MaxTrades — maximum grid positions allowed
  • Equity_For_Lot — equity-based money management

⚠ Risk Warning: This EA uses a martingale grid strategy. While multiple safety mechanisms are built in (equity stop-out, margin validation, max trade limits, CCI timeout), grid and martingale systems carry inherent risk of significant drawdown. Past performance does not guarantee future results. Always test on a demo account first and never risk more than you can afford to lose.

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