Currency Pairs Correlation
The Currency Pairs Correlation indicator is a free and popular tool for forex traders available on MT4 platform. It shows the correlation between various currency pairs, helping traders identify potential trading opportunities and manage their portfolio risk. The indicator calculates correlation coefficient between selected currency pairs and displays it as a color-coded matrix. The Currency Pairs Correlation indicator can be used by both novice and experienced traders to get a better understanding of market dynamics and make more informed trading decisions.
Volume Weighted MA
Volume Weighted Moving Average (VWMA) is a popular, free and useful Forex indicator for the MT4 platform. This indicator plots the average of a security's volume-weighted price over a period. It does this by measuring the volume of an asset and comparing it to the price. By doing this, traders can see if there is strong buying or selling pressure in the market. The VWMA is a great tool for traders who want to determine the strength of a trend.
Butterfly Pattern
The Butterfly Pattern Indicator is a useful and popular free Forex indicator for MT4. It is designed to identify potential reversal points in the market and provide traders with an opportunity to enter the market at an advantageous price. The indicator works by looking for a specific pattern on the chart, which is composed of three points, and then uses that pattern to determine if a reversal is likely to occur. The indicator also provides traders with an entry and exit signal so that they can enter and exit the market at the most advantageous price. It is a great tool for spotting potential reversal points in the market and can help traders make more informed trading decisions.
Breakout Zones
The Breakout Zones Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to identify the breakout zones of a currency pair and is useful for making short-term trading decisions. The indicator uses a combination of price action and volatility to identify areas where a breakout is likely to occur, helping traders to take advantage of short-term price movements. This indicator is a great tool for traders who are looking to take advantage of short-term price movements.
Adx Buy Sell
The ADX Buy Sell Indicator is a useful and popular Forex trading indicator for MT4 that is available for free. It is a powerful indicator that helps traders identify profitable trading opportunities in any market condition. The indicator measures the strength of a trend and the potential for a trend to continue. It is based on the Average Directional Index (ADX) and uses a combination of trend and momentum indicators to generate trading signals. The ADX Buy Sell Indicator is an essential tool for any trader looking to maximize their trading potential.
Gann Sq9 Sq 9
Combine two powerful classic MetaTrader indicators Gann Sq and ZigZag. Forex traders can automatically detect trend change and plot support and resistance with Gann Sq9 Sq 9 indicator. Avoid subjectivity and get support and resistance automatically. Download now to improve your forex trading performance.
Scalper Signal
The Scalper Signal indicator is a useful forex tool that provides traders with buy and sell signals based on advanced algorithms. It is available for free on the MT4 platform and is popular with traders of all experience levels. The indicator works by analyzing market trends and using various technical indicators to generate accurate trading signals. With its high level of accuracy and reliability, the Scalper Signal indicator is a valuable tool for traders looking to make informed trading decisions in the fast-paced forex world.
AO Divergence
The AO Divergence Indicator is a useful BE4 tool for forex traders who want to identify divergence patterns in the market. This new MT4 indicator is popular with traders due to its effectiveness in spotting divergence patterns and predicting potential price reversals. It works by analyzing the Awesome Oscillator (AO) and highlighting divergence patterns that may indicate possible trend changes. The AO Divergence Indicator is easy to use and can be a valuable addition to any trader's toolbox.
Fibonacci Pivots
The Fibonacci Pivots Indicator is a powerful MT4 tool for Forex traders looking to predict key levels of support and resistance.Using the Fibonacci sequence, the indicator calculates the pivot levels and displays them on the chart, making it easy to identify potential entry and exit points. The Fibonacci Pivots Indicator works best in trending markets and can be used on multiple timeframes, making it suitable for both short-term and long-term traders. With its clear and easy-to-use interface, this indicator is a valuable addition to any trader's toolbox.