Bollinger Bands MTF
The Bollinger Bands MTF (Multi Time Frame) indicator is a popular free forex indicator for the MT4 platform. It can be used to identify trends and possible entry and exit points. The indicator is easy to use and can be set up with different parameters such as period, deviation, and type. The indicator is highly customizable and can be used in combination with other indicators to further enhance trading accuracy.
Moving Average MTF
The Moving Average MTF (Multi Time Frame) is a useful and popular free Forex indicator for MT4 (MetaTrader 4) trading platforms. The indicator works by plotting moving averages of different time frames onto a single chart. With its simple yet powerful features, the Moving Average MTF indicator is an invaluable tool for any Forex trader.
Moving Average Convergence Divergence
The Moving Average Convergence Divergence (MACD) is a popular and free Forex indicator for MetaTrader 4 (MT4). It then plots a histogram and a signal line to indicate the trend. The MACD indicator can be used to identify trend reversals, and to spot potential buying and selling opportunities. The MACD is a popular indicator among Forex traders as it can be used to confirm other technical analysis indicators.
SSL Channel Chart
The SSL Channel Chart Forex Indicator is a popular and free MT5 indicator that is useful for traders looking to gain an edge in the Forex market. The indicator works by analyzing the price action of a given currency pair and plotting a channel on the chart. It can also be used with any time frame, making it a versatile and powerful tool for traders.
Alligator Indicator
The Alligator Indicator for MT5 is a popular and useful free Forex indicator. It works by combining three moving averages, each of which is shifted by a certain number of periods. The indicator is easy to use and can be applied to different timeframes. It is a great tool for both beginner and experienced traders who want to make the most out of their trading activities.
ZigZag Indicator
The ZigZag Indicator is a popular and free Forex indicator used by many traders. This useful tool helps traders identify trend reversals and price extremums. This line is then used to measure price movements and identify trend reversals. It is a useful tool for identifying trend reversals, support and resistance levels, and price extremes.
VWAP Bands
The VWAP Bands Indicator for MT5 is a popular and free Forex indicator that is useful for traders. The indicator works by plotting two bands on the chart. The upper band is the VWAP (Volume Weighted Average Price) and the lower band is the VWAP minus a certain percentage. It is a useful tool for traders who are looking for potential trading opportunities in the Forex market.
Donchian Channel
The Donchian Channel Indicator for MT5 is a popular and useful free Forex indicator which helps traders identify trends and potential entry and exit points. It is based on the concept of “Donchian Channels” and uses the highest high and lowest low of a given period of time to draw the upper and lower bands. By monitoring the price action within the channel, traders can identify when prices are likely to reverse and enter or exit a position.
Auto Fibo
The Auto Fibo Indicator MT5 is a useful and popular free Forex indicator. This indicator works with the MetaTrader 5 trading platform to provide traders with an automated Fibonacci trading system. The indicator works by plotting Fibonacci retracement and extension levels based on the price action of the underlying asset. The Auto Fibo Indicator MT5 is a great tool for traders who are looking for an automated way to identify entry and exit points for their trades.
Mod ATR Trailing Stop
The MOD ATR Trailing Stop indicator for MT5 is a popular and useful free Forex indicator. This indicator works by measuring the Average True Range (ATR) of the market, and then setting a trailing stop that is a certain percentage of the ATR. This allows traders to stay in a trade, while protecting their profits, as the market moves in their favor. It also provides a visual representation of the trailing stop, making it easier to manage trades.
Keltner Channel
The Keltner Channel Indicator MT5 is a popular and useful Forex trading tool. The Keltner Channel Indicator MT5 works by measuring the volatility of the market, and then plotting a channel around the price action. It can also be used to identify potential trend reversals. The Keltner Channel Indicator MT5 is a free and popular tool that can be used by traders of all levels of experience.