Aroon
The Aroon Indicator is a popular and free Forex indicator used in the MT4 platform. It is a useful tool for traders as it helps identify potential trend reversals and breakouts. It then creates two lines, one for the highs and one for the lows, which are then used to measure the strength of the trend. The Aroon Indicator is easy to interpret, as the lines move closer together, the trend is considered to be weak. Conversely, if the lines move further apart, the trend is considered to be strong. Traders can use this information to make informed trading decisions, such as entering and exiting trades.
Semafor Alert
Are you looking for forex trend trading signals? Get three levels of buy and sell alerts according to low, medium and higher periods with Semafor Alert indicator. Signals work effectively for scalping the forex markets or to trade short or long-term. The indicator is easy to use and is one of the most popular indicators among forex traders.
Zone Indicator
The Zone Indicator is a popular MT4 Forex trading tool that is new to the market and is available as a free download. This is essential for forex traders who rely on support and resistance strategies, trend traders and traders who want to anticipate price action. The Zone indicator automatically displays strong support or resistance levels on the chart.