Horizontal Grid Lines
The Horizontal Grid Lines Indicator is a useful and popular free Forex indicator for MT4. It is used by traders to identify potential support and resistance levels on the chart. The indicator draws horizontal lines across the chart at regular intervals, making it easier to identify areas of potential support and resistance. It is a popular choice for traders looking for a reliable and free indicator to help them make more informed trading decisions.
Force Index
The Force Index Indicator is a popular and useful free Forex indicator for MT4. The Force Index Indicator is based on a combination of three indicators: price, volume, and the rate of change. It is calculated by multiplying the current day's closing price by the volume of the current day and then subtracting the previous day's closing price multiplied by the volume of the previous day. The Force Index Indicator is easy to use and is a popular choice among Forex traders, as it is free to use and is available on most MT4 trading platforms.
Half Trend
The Half Trend Indicator is a useful and popular free Forex indicator for the MT4 platform. It is a trend following indicator that uses a combination of moving averages and oscillators to detect trend changes. The indicator has a simple but effective design that makes it easy to use. It is also highly customizable, allowing users to adjust the parameters to suit their trading style. The indicator is great for both short-term and long-term traders, as it can help identify the start and end of a trend.
LSMA Indicator
The LSMA Indicator is a popular MT4 and free Forex indicator that helps traders identify trends and potential trading opportunities. It is a technical indicator that is based on the Moving Average Convergence Divergence (MACD). The indicator plots two lines, one line is the signal line and the other is the main line. The signal line is a moving average of the main line and is used to generate buy and sell signals. The LSMA indicator is a simple and powerful tool that can be used to identify potential entry and exit points in the market.
TSI Indicator
The TSI Indicator is a popular and free Forex indicator for MT4 trading platforms. It is a useful tool for traders who want to identify trends and potential trading opportunities in the Forex market. The TSI Indicator helps traders identify trends by combining the momentum and trend of price action. It is composed of two oscillators, one for measuring the trend and one for measuring the momentum. The TSI Indicator is a great tool for traders who are looking to identify trends and potential trading opportunities in the Forex market.
Polarized Fractal Efficiency
The Polarized Fractal Efficiency Indicator is a useful and popular Forex indicator that can be used for free on the MT4 trading platform. It can be used to identify potential entry and exit points in the market. The indicator is also helpful in determining the strength of a trend and the potential for a trend reversal. This indicator is a great tool for traders who are looking for an effective way to identify potential trading opportunities in the Forex market.
Accumulation Distribution
The Accumulation Distribution Indicator is a popular and useful Forex indicator that is available for free on the MetaTrader 4 (MT4) platform. This indicator is calculated by taking the difference between the money flow volume and the typical price for each period. The money flow volume is calculated by multiplying the volume of a period by the difference between the close and open of the period. When the indicator is above zero, it indicates that there is buying pressure, and when it is below zero, it indicates that there is selling pressure.
Heiken Ashi Exit
The Heiken Ashi Exit Indicator is a popular and free Forex indicator for MT4 that can be used to identify profitable exit points for trades. It works by using two moving averages of the open and close prices of the previous bar, and then calculating the average of these two values. The indicator then plots this average as a line on the chart. By analyzing the Heiken Ashi Exit Indicator, traders can easily identify when it's time to close a position and take profits.
Dinapoli Targets
The Dinapoli Targets Indicator is a useful and popular free Forex indicator for MT4. The indicator uses a combination of moving averages, Fibonacci levels, and price action to generate target levels. It can be used to identify potential entry and exit points for trades. This makes it a great tool for traders looking to enter or exit trades at the right time.
FIP Indicator for MT4
The FIP Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders who want to gain an edge in the Forex market. The indicator works by analyzing the market conditions and providing traders with signals that can help them make better trading decisions. The FIP Indicator is a great tool for traders who want to take advantage of the Forex market and increase their chances of making a profit.
Stochastic MTF
The Stochastic MTF Indicator is a useful and popular free Forex indicator for MT4 traders. The indicator works by combining two different time frames to provide traders with a better understanding of price movements. The indicator uses the Stochastic oscillator to identify overbought and oversold conditions in the market. The Stochastic MTF Indicator is a great tool for traders of all levels and can be used to help maximize profits and minimize losses.