Commodity Channel Index
The Commodity Channel Index (CCI) is a popular and useful Forex indicator used by many traders. It is a technical indicator that measures the momentum of price movements and helps to identify when a currency pair is overbought or oversold. It is easy to use and can help traders identify potential trading opportunities. The indicator is free to use on the MT4 trading platform and is one of the most popular indicators used by traders.
High Low Channel
The High Low Channel Indicator is a popular and free MT4 forex indicator that can be used to identify potential trading opportunities. The indicator plots two parallel lines, one above the current price and one below, creating a channel. When price breaks above or below the channel, it can be a signal of an impending trend reversal or breakout. The indicator also includes a histogram which can be used to identify potential support and resistance levels. The indicator is easy to use and can be a great addition to any trader’s arsenal.
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.
Forex Trend Scanner
The Forex Trend Scanner Indicator is a useful and popular free tool for MT4 traders. It helps to quickly identify trending markets, so that traders can make better informed decisions. The indicator works by analyzing the price action of a market and then plotting a trend line to show the current trend. It also provides other useful information such as the strength of the trend, the direction of the trend and the volatility of the market. It is a great tool for any trader, regardless of their experience level.
Raff Channel
The Raff Channel Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify and take advantage of trends in the market. The indicator works by plotting two parallel lines on a chart, one above the other. These lines represent the upper and lower boundaries of the current price trend. The Raff Channel Indicator is easy to set up and use, making it a popular choice for traders of all levels.
Grid Round Numbers
The Grid Round Numbers Indicator is a useful and popular free Forex indicator for MT4. It helps traders identify round numbers and their associated support and resistance levels. It draws horizontal lines at the round number levels, making them easier to spot and trade. The indicator also draws vertical lines at the beginning of each new day, allowing traders to easily identify the start of each trading session. It is a free and easy-to-use indicator that can be used to help traders make more informed trading decisions.
Zigzag Ws Channel Rv 2
The Zigzag WS Channel RV 2 Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders as it helps them identify changes in momentum and direction. The indicator is based on the Zigzag indicator and the Williams Percent Range indicator, and it is designed to measure the strength of a trend and to detect reversals. The indicator works by plotting the Zigzag lines on the chart and then adding the Williams Percent Range indicator, which helps to identify potential reversals. It is a great tool for both novice and experienced traders as it provides accurate signals and helps to identify potential reversals.
Butterfly Pattern
The Butterfly Pattern Indicator is a useful and popular free Forex indicator for MT4. It is designed to identify potential reversal points in the market and provide traders with an opportunity to enter the market at an advantageous price. The indicator works by looking for a specific pattern on the chart, which is composed of three points, and then uses that pattern to determine if a reversal is likely to occur. The indicator also provides traders with an entry and exit signal so that they can enter and exit the market at the most advantageous price. It is a great tool for spotting potential reversal points in the market and can help traders make more informed trading decisions.
Breakout Zones
The Breakout Zones Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to identify the breakout zones of a currency pair and is useful for making short-term trading decisions. The indicator uses a combination of price action and volatility to identify areas where a breakout is likely to occur, helping traders to take advantage of short-term price movements. This indicator is a great tool for traders who are looking to take advantage of short-term price movements.
Volume Weighted MA
Volume Weighted Moving Average (VWMA) is a popular, free and useful Forex indicator for the MT4 platform. This indicator plots the average of a security's volume-weighted price over a period. It does this by measuring the volume of an asset and comparing it to the price. By doing this, traders can see if there is strong buying or selling pressure in the market. The VWMA is a great tool for traders who want to determine the strength of a trend.
Volatility Quality
The Volatility Quality Indicator is a useful and popular free Forex indicator for MT4 that helps traders identify the best entry and exit points in the market. This indicator is based on the ratio of the price range of a given period to the average true range of the same period. It helps traders determine the quality of the volatility of a currency pair. It is also a great tool for identifying support and resistance levels. The Volatility Quality Indicator is a great way to make informed decisions when trading Forex.