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.
MA Angle 2
The MA Angle 2 Forex Indicator is a popular and free MT4 indicator that is useful for any Forex trader. It works by analyzing the market and providing traders with an easy to understand angle of the market's current trend. The indicator is very simple to use and can be used to quickly determine the direction of the market. It can also be used to identify potential entry and exit points for trades. With its simple yet effective design, the MA Angle 2 Forex Indicator is a great tool for any Forex trader.
Jurik Volty Bands Separate
The Jurik Volty Bands Separate Indicator is a free and popular Forex indicator for MT4 that can be useful in helping traders identify potential market entry and exit points. The indicator works by plotting the upper and lower bands of the Volty Bands indicator on the same chart, and then plotting the mid-point between them. By using the Jurik Volty Bands Separate Indicator, traders can more easily identify potential market entry and exit points, giving them an edge when it comes to trading.
Disparity Index
The Disparity Index Indicator is a useful and popular free Forex indicator for MT4. It can help traders identify potential trading opportunities in the Forex market by measuring the relative strength of a currency pair. The indicator plots two lines on the chart, one for the price and one for the volume. The indicator then compares the two lines to identify potential trading opportunities. It is easy to use and can be a great tool for traders looking to make informed decisions in the Forex market.
Extreme RSI
The Extreme RSI Indicator is a useful and popular free Forex indicator for MT4. The indicator works by calculating the Relative Strength Index (RSI) of a currency pair over a specified period of time. If the RSI reaches a certain level, it is considered overbought or oversold. The Extreme RSI Indicator then provides a visual alert, allowing the trader to take action. It is a simple, yet effective tool that can be used to make more informed trading decisions.
DMI Oscillator
The DMI Oscillator Indicator is a popular free Forex indicator used by traders for technical analysis. The indicator is available for the MetaTrader 4 (MT4) platform and is easy to install and use. The DMI Oscillator is composed of two lines, the DMI+ and the DMI-. These lines measure the strength of the trend in the market. The DMI Oscillator can be used to identify trend direction, trend strength, and potential reversals.
4 Sessions
The 4 Sessions Indicator is a useful and popular free Forex indicator for MT4. The indicator displays the session times in the top left corner of the chart, with each session indicated by a different color. It also shows the current session in the chart title, allowing traders to quickly identify which session is active. It is a great tool for traders who want to easily identify the different trading sessions and take advantage of the volatility that each one offers.
Accelerator Decelerator Oscillator
The Accelerator Decelerator Oscillator Indicator (ADO) is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. This indicator is designed to measure the acceleration and deceleration of the price movements in a given market. The ADO is calculated by comparing the current market price to the previous price and then taking the difference between them. The ADO can be used in combination with other indicators such as the Moving Average and the Relative Strength Index (RSI) to help traders make informed trading decisions.
Kaufman Efficiency Ratio
The Kaufman Efficiency Ratio Indicator is a powerful and popular free Forex indicator for MT4. The indicator works by calculating the ratio of the absolute price change of a security to its volatility over the same period. This ratio is then plotted on a chart along with the security's price. The Kaufman Efficiency Ratio Indicator is a great tool for traders who want to get a better understanding of the market and make more informed trading decisions.
4 Timeframe Heiken Ashi
The 4 Timeframe Heiken Ashi Indicator is a popular and free forex indicator for MT4, used by many traders to better analyze price movements. It works by smoothing out the price action over time, allowing traders to see the overall trend of the market more clearly. The indicator is easy to use and can be applied to any timeframe. With its reliable and accurate signals, the 4 Timeframe Heiken Ashi Indicator is a popular choice for many forex traders.
Chaos Oscillator
The Chaos Oscillator Indicator is a popular and free Forex indicator used on the MT4 platform. The indicator works by combining the Average True Range (ATR) and the Awesome Oscillator (AO) into a single oscillator. The AO is calculated by taking the difference between a 5-period simple moving average and a 34-period simple moving average. The ATR is used to measure the volatility of the market.