KT Bullish Bearish MT5
KT Bullish Bearish shows the bullish/bearish regime of the market in the form of a colored histogram representing both of the market states alternately.
Bull Market (Blue Histogram): A bull market indicates an uptrend when an instrument price rises over a continued period like days, months, or years.
Bear Market (Red Histogram): A bear market indicates a downtrend when an instrument price rises over a continued period like days, months, or years.
- It prevents trading against the big players in the market.
- Only long trades are preferred during the bullish histogram.
- Only short trades are preferred during the bearish histogram.
- It helps to improve the success percentage of trend following strategies.
- Prevents over-trading.