Quarters Theory
The Quarters Theory Indicator is a popular and free forex indicator for the MT4 trading platform. The indicator works by dividing the chart into four quarters, with each quarter representing a different trend. The indicator also displays a line that connects the highs and lows of each quarter, which helps traders identify the trend. The indicator is easy to use and provides traders with a simple yet effective way of tracking and analyzing trends in the forex market.
Rate Of Change
The Rate of Change Indicator MT5 is a useful and popular free Forex indicator. It is designed to measure the rate of change in price movements of a currency pair. This indicator uses a simple formula to calculate the rate of change for each period, which can be used to identify potential trends in the market. The indicator can be used in combination with other technical indicators to provide a more comprehensive picture of the market.
Ravi Fisher
The Ravi Fisher Indicator is a popular and free Forex indicator for MT4. The indicator works by generating buy and sell signals based on the Ravi Fisher Transform. It is also helpful in spotting trend reversals and price breakouts. The indicator is easy to use and can be a great tool for traders who are looking for an edge in the Forex market.
RD Pivot Lines J
RD Pivot Lines J Indicator is a useful forex indicator for MT4. This popular and free indicator helps traders identify key support and resistance levels in the market. It works by plotting horizontal lines based on pivot points, allowing traders to make informed decisions about entry and exit points. To use, simply add the indicator to your chart and observe the plotted lines.
RD Trend Trigger
RD Trend Trigger Indicator is a popular and useful free forex indicator for MT4. It is designed to identify trends and potential entry points in the market. The indicator works by analyzing price movements and generating signals based on its algorithms. Traders can use it to make informed trading decisions and improve their overall profitability.
Rel Voll DX
The Rel Voll DX Forex indicator is a useful tool for traders looking to identify potential areas of support and resistance in the Forex market. The indicator works by calculating the rolling average of the last X number of candles and then plotting a line on the chart. This is a great way to identify potential areas of support and resistance and to help traders enter and exit trades with confidence.
Relative Strength Index
The Relative Strength Index (RSI) is a popular and useful Forex indicator for MT4 traders. The RSI is a momentum oscillator that ranges between 0 and 100, with high values indicating that a currency pair is overbought and low values indicating that it is oversold. The RSI is a powerful and reliable indicator that is a must-have for any serious Forex trader.
Reversal Fractals
Reversal Fractals Indicator MT5 is a popular and useful forex indicator that is available for free. This indicator works by identifying potential reversal points in the market, helping traders to make informed decisions. By plotting fractal points on the chart, it assists in recognizing trends and possible trend reversals. Traders can use this indicator as part of their technical analysis strategy.
RMI Indicator
The RMI Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels.The RMI Indicator MT5 works by analyzing price action and volume to identify the direction of the trend. It then displays the trend direction as either a green or red arrow. With the RMI Indicator MT5, traders can easily identify the direction of the trend and make informed decisions about their trades.
Ross Hook Trading Pattern
The Ross Hook Trading Pattern Indicator is a useful and popular free Forex indicator for MT4. The indicator looks for a pattern of two consecutive bullish or bearish candles, followed by a third candle that closes higher or lower than the first two candles. This pattern indicates a potential trend reversal and provides traders with an opportunity to enter or exit a trade. The indicator is easy to use and can be used to identify potential trades in any time frame.
Ross Hooks And 1 2 3 Formations
The Ross Hooks & 1-2-3 Formations Forex Indicator is a useful and popular tool for MT4 traders. The indicator displays two lines of support and resistance, which helps to determine the point of entry and exit. With the Ross Hooks & 1-2-3 Formations Forex Indicator, traders can more accurately identify and trade the 1-2-3 formation, which is a powerful reversal pattern.
Round Price Two Color
This useful free Forex indicator is one of the most popular for MT4 users. The Round Price Two Color Indicator is a great tool for traders who want to know the current price of a currency pair in a simple and easy-to-understand format. The indicator also displays the current price as a number, which allows traders to easily compare the current price to previous prices. The Round Price Two Color Indicator is a great tool for traders who want to quickly and easily identify the current price of a currency pair.