Forex EA 2 Bulls or Bears – MT4


    This simple but excellent Expert Advisor for MT4 follows a very simple strategy as listed below.

    1) If the two previous candlesticks have been of the same value (BULL or BEAR) it will place a BUY or SELL order on the next candlestick, with same direction (BULL/BEAR) as the outcome of the two previous candles.
    2) Order will be closed as the the timeframe of the third candlestick closes or you can choose to let it close by Stop loss or Take Profit or by Trailing Stop.
    3) The above process 1-3  is then repeated again, only based upon the coming candlesticks, and not include the ones which were part of the previous trade.