Three Line Break
The Three Line Break Indicator is a useful and popular free Forex indicator for MT4 trading platforms. The indicator works by continuously monitoring the price action of an asset and drawing vertical lines at the end of each price range. When three consecutive lines are drawn in the same direction, they indicate a potential reversal in the price direction of the asset. The Three Line Break Indicator is a great tool for traders who are looking for an easy way to identify potential trading opportunities in the Forex market.
Darvas Boxes
Darvas Boxes Indicator is a useful and popular free Forex indicator for MT4. It is based on the trading strategy of Nicolas Darvas, who was a famous stock trader in the 1950s. The indicator works by drawing boxes around price bars that meet certain criteria. If the price breaks out of the box, it is considered a buy or sell signal. The indicator is easy to use and provides reliable signals which can be used to make profitable trades. Darvas Boxes Indicator is a great tool for traders who want to take advantage of price movements in the Forex market.
Fast Ema
The Fast EMA Indicator is a popular and useful tool for Forex traders. It is a free MT4 indicator that helps traders to identify potential trading opportunities by analyzing price action. The indicator is based on the Exponential Moving Average (EMA) and uses a combination of two EMAs to generate buy/sell signals. By using the Fast EMA Indicator, traders can gain an edge in the Forex market and increase their chances of success.
Trend Intensity Index 1.3 Averages Indicator
The Trend Intensity Index (TII) 1-3 Averages Indicator is a popular and free forex indicator for the MT4 platform. It does this by taking the average of three different time frames and then calculating the difference between them. This helps to identify whether the trend is strong or weak. The indicator is easy to understand and use, and can be a great tool for any trader looking to identify the strength of a trend. The indicator is free and can be easily downloaded and installed on any MT4 platform.
Doji Reader
The Doji Reader Indicator is a popular free Forex indicator for MT4 that can be used to identify potential reversals in the market. The indicator works by analyzing the Doji candlestick patterns and then displaying a signal when a reversal is likely. The signal is displayed in the form of a vertical line on the chart. The line is colored red for a bearish signal and blue for a bullish signal. The Doji Reader Indicator is an easy-to-use and reliable tool for any Forex trader. It is a great way to identify potential reversals in the market and can be used to make more informed trading decisions.
Neuroimpulse Indicator
NeuroImpulse Indicator is a popular and free Forex indicator for MT4. The indicator uses a combination of momentum, volume and price action to identify possible entry and exit points. It works by analyzing the behavior of the market and predicting when the market is likely to move in either direction. It is a great tool for both novice and experienced traders, as it helps them make better decisions and maximize their profits.
OBTR Indicator
The OBTR Forex Indicator is one of the most popular and useful MT4 tools for any trader in the Forex market. The OBTR Indicator uses a combination of technical indicators to analyze price movements and generate signals for entry and exit points. It also provides a visual representation of the market, allowing traders to make informed decisions quickly. It is a great way to gain an edge in the Forex market and make more profitable trades. With the OBTR Indicator, traders can identify and take advantage of potential trading opportunities quickly and easily.
Williams R
The Williams R Indicator is a useful and popular Forex trading indicator that is available for free on the MT4 trading platform. It is used to measure the momentum and overbought/oversold levels of a currency pair. The Williams R indicator is calculated by subtracting the current closing price from the highest high over a given period of time and then dividing it by the highest high minus the lowest low over the same period. The Williams %R Indicator is a great tool for traders as it helps them identify the best entry and exit points for their trades.
Magic Wave
The Magic Wave Indicator is a popular and free Forex indicator for MT4 that is useful for traders of all levels. The indicator uses a combination of moving averages to produce buy and sell signals. The indicator can be used to identify entry and exit points, as well as potential support and resistance levels. The Magic Wave Indicator is a great tool for traders who want to maximize their trading potential and improve their trading accuracy.
Pet-D Indicator
The Pet-D Indicator is a popular and free Forex indicator for MT4 that is useful for traders of all levels. It is designed to provide traders with insight into the direction of the market, helping them to make informed decisions and maximize their profits. The indicator uses a combination of technical analysis and price action to generate signals, which can be used to identify entry and exit points for trades. It is easy to use, and its features are customizable, allowing traders to tailor it to their individual trading style. With its easy to understand signals and customizable features, it is a great way to increase your chances of success in the Forex markets.
StochRSI Basic Indicator
The StochRSI Basic Indicator is a free and popular Forex indicator for the MT4 trading platform. The indicator calculates the Relative Strength Index (RSI) of the Stochastic oscillator. This allows traders to identify potential overbought and oversold levels. The StochRSI Basic Indicator is easy to use and can be applied to any timeframe. It is also adjustable, allowing traders to customize the lookback period and levels of overbought and oversold. This makes it a great tool for any trader looking to make the most of their Forex trading.