Ichimoku Kinko Hyo
The Ichimoku Kinko Hyo Indicator is a free, popular and useful Forex trading indicator that can be used in MT4. It is designed to help traders identify trends, support and resistance levels and potential entry and exit points. The indicator consists of five lines that are used to measure the momentum of a currency pair. The Tenkan-sen line is used to measure the short-term trend, while the Kijun-sen line is used to measure the mid-term trend. The Ichimoku Kinko Hyo Indicator is easy to use and can be a great tool for any trader looking to gain an edge in the Forex market.
Pullback Factor
Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
RSI Osma
The RSI OSMA Indicator is a powerful and useful Forex indicator, popular among MT4 traders. It combines the Relative Strength Index (RSI) with the Moving Average of Oscillator (OSMA). The RSI is used to measure the speed and change of price movements, while the OSMA is used to measure the momentum of price movements. The RSI OSMA Indicator is a great tool for traders looking to identify potential market opportunities.
Zone Indicator
The Zone Indicator is a popular MT4 Forex trading tool that is new to the market and is available as a free download. This is essential for forex traders who rely on support and resistance strategies, trend traders and traders who want to anticipate price action. The Zone indicator automatically displays strong support or resistance levels on the chart.