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.
RZI Indicator
The RZI Indicator is a useful and popular forex indicator for MT4. It is free to download and can be used to help traders identify market trends and entry points. It uses a combination of trend-following and oscillator-based indicators to quickly identify possible entry points and exit points. The indicator is easy to use and can be used in combination with other technical indicators to help traders make more informed trading decisions.
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.