Bollinger Bands
The Bollinger Bands Indicator is a popular and useful Forex indicator for MT4 traders. It is a free indicator that helps traders to identify potential market entry and exit points. This indicator uses a combination of three moving averages to create upper and lower bands that can be used to identify price movements and trends. The bands are adjusted according to the market volatility and can be used to identify overbought and oversold conditions. The indicator is easy to use, and traders can customize the settings to suit their trading style. This indicator is a great tool for any trader looking to gain an edge in the Forex market.
Higher High – Lower Low Stochastic
The Higher High Lower Low Stochastic Indicator is a useful and popular free Forex indicator for MT4 traders. It works by comparing the current closing price with the highest and lowest closing prices over a given period of time. The indicator then plots a line to show the trend of the current price action. The indicator is useful for traders who want to identify potential trend reversals, as well as for those who want to measure the strength of the current trend.
Ichimoku Multi Time Frame
The Ichimoku Multi Time Frame (MTF) Alerts Indicator is a popular and free Forex indicator for MT4. This useful indicator helps traders to identify potential trading opportunities in the Forex market by providing alerts when key levels are breached. The Ichimoku MTF Alerts Indicator can be used to identify support and resistance levels, trend reversals, and potential entry and exit points. The Ichimoku MTF Alerts Indicator is a powerful tool for traders who want to maximize their profits in the Forex market.
HMA Trend
The HMA Trend Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders that helps identify trend direction and strength. It is based on the Hull Moving Average (HMA), which uses a weighted moving average and a smoothing factor to reduce lag. The indicator plots two lines on the chart, one for the trend direction and one for the trend strength. This indicator is easy to use and can help traders identify when to enter and exit trades. It is a great tool for both novice and experienced traders.
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.
FiboPiv V2
FiboPiv V2 Indicator is a popular and free Forex indicator for MT4 platform. It is a useful tool that helps traders identify potential entry and exit points in the Forex market. The indicator uses Fibonacci levels to plot support and resistance levels on the chart and then uses the Pivot Points to determine the entry and exit points. FiboPiv V2 Indicator is a great tool for those looking for an easy and effective way to trade the Forex market.