Hool High Open Open Low
The HOOL (High Open and Open Low) Indicator is a useful tool for forex traders using the MT4 platform. This popular and free indicator helps traders identify potential entry and exit points by highlighting the high open and open low levels on the chart. By understanding these key price levels, traders can make more informed trading decisions.
Ipulsar Critical Price Levels
The iPulsar Critical Price Levels Indicator is a useful and popular free Forex indicator for MT4. The indicator uses a combination of moving averages and oscillators to identify these levels and can be used to help traders spot potential entry and exit points. The indicator is easy to use and can be quickly set up on the MT4 platform. It is a great tool for any trader looking to improve their trading strategy.
Kaufman AMA Averages Filtered ATR Bands
The Kaufman AMA Averages Filtered ATR Bands Indicator is a useful and popular forex indicator for MT4 trading platforms. The indicator uses two moving averages - the Kaufman Adaptive Moving Average (KAMA) and the Average True Range (ATR) - to generate buy and sell signals. The KAMA acts as a trend filter, while the ATR helps to identify momentum. It is a useful tool for traders who are looking to capitalize on short-term market movements.
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.
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.
Nrtr Watr Histogram
The NRTR WATR Histogram indicator is a popular and free Forex indicator for MT4. It is designed to help traders identify price reversals and potential entry points in the Forex market. The indicator plots a histogram based on the NRTR (Nick Rypock Trailing Reverse) algorithm. The NRTR WATR Histogram indicator is a great tool for traders looking for an easy and effective way to identify potential entry points in the Forex market.
Overbought And Oversold
The Overbought and Oversold Forex Indicator is a free and popular tool for MT4 that can be used to identify potential entry and exit points in the Forex market. It is a useful technical indicator that allows traders to identify when the market is overbought or oversold. The indicator works by comparing the current price to the previous day’s closing price and then plotting a line on the chart. If the line is above the previous day’s closing price, it is considered overbought, and if it is below the previous day’s closing price, it is considered oversold. It is a useful tool for traders of all levels, and can be used in combination with other indicators to create a more comprehensive strategy.
Point Zero Oscillator
The Point Zero Oscillator is a useful, popular, and free Forex indicator for MT4. The indicator is composed of two lines, the main line and the signal line. The main line is an oscillator that moves between 0 and 100. When the main line moves above 70, it indicates that the trend is strong and likely to continue. Conversely, when the main line moves below 30, it indicates that the trend is weak and likely to reverse. The signal line is a moving average of the main line and is used to generate buy and sell signals. The Point Zero Oscillator is a great tool for traders looking to identify potential trend reversals and measure the strength of the current trend.
PZ ABCD Retracement
The PZ ABCD Retracement Indicator is a popular and free forex indicator for MT4 that helps traders identify potential trading opportunities by identifying the AB=CD harmonic pattern. The indicator automatically plots Fibonacci retracement levels to help traders identify entry and exit points. It works by scanning the market for the AB=CD pattern and drawing the necessary lines and levels. It can be used by both a novice and an experienced trader, making it a versatile tool for traders who want to improve their trading results.
Random Walk Index Experiment
Random Walk Index is a useful forex indicator for MT4 traders. It is a popular and free tool that measures price volatility to identify potential trends. This indicator calculates the ratio of upward price movements to downward movements, helping traders determine market direction. By using Random Walk Index, traders can make informed decisions and improve their trading strategies.