Another simple system

17 April 2011
look for Information on the Data window For bulls and Bears Numbers.
When Bull number is above the Bear Number BUY and Vice versa

Open a chart of any currency pair (preferably GBPUSD since I seem to have had very good success with this pair), either 1hr or 4 hr chart.

Then put following Indicators
Bears.ex4
Bulls.ex4 
Here is the template
bull bear power.tpl 

Here is the chart showing the indicator column on the data window I concentrate on

 Don,t worry about minus sign before the "Bear number"
Just concentrate on total Absolute number. In other words if The number in bear column is above the Bull number sell and vice versa

I have been trying this system for almost two months and so far I had about 90% success. In my opinion it seems to work great on one hr chart
As far as the profit target goes I have been taking 20 pips on 1 hr chart and 50 pips on 4 hr chart.

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