Bulls&Bears

 



Similar to any other industry, trading in financial markets comes with its own unique jargon, and among its most renowned figures are the "bulls" and "bears." These two groups play pivotal roles in influencing price fluctuations across all exchanges and assets. 


Bulls&Bears Indicator is a popular tool used in trading to assess market sentiment. Traders use this Indicator to understand market direction, identify entry and exit points, and manage risk effectively. 


In the vfxAlert application, it is displayed on the dashboard as a color scale. The more colored points are on a certain part, the stronger are the corresponding market participants.


Find out how to interpret the Bulls&Bears Indicator in this article 


The indicator utilizes various factors, such as price movements, volume, and market momentum, to calculate the balance between bullish and bearish sentiment. 


Bulls are traders who make profit as a result of the growth in the price of a currency pair and opening buy positions (BUY);


Bears - traders who make money by reducing the price of a currency pair and opening sell positions (SELL).

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