TRIX Indicator
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.
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.
XPMA
The XPMA Indicator is a popular and free forex indicator that is used by many traders around the world. It is based on the Moving Average Convergence Divergence (MACD) indicator, which is a popular technical analysis tool. The XPMA Indicator also uses the Relative Strength Index (RSI) to measure the strength of the trend and the Average Directional Index (ADX) to identify the direction of the trend. It is a great tool for traders who want to make the most out of their forex trading. With its easy-to-use features, it is one of the most popular and useful forex indicators available.