Auto Regression Channels
Auto Regression Channels Indicator is a popular and useful Forex indicator for MT4 traders. The indicator works by plotting two channels on the price chart, one based on the price action over a given period of time, and the other based on the regression line. This allows traders to identify areas of support and resistance, as well as potential entry and exit points. The indicator also provides traders with an insight into the overall trend, and can be used to identify potential price reversals.
Pivot Support Historical
Pivot Support Historical is a useful forex indicator for MT4 that shows historical support levels on your chart for popular currency pairs. It is free to download and easy to use. By identifying key support levels, traders can make informed decisions on when to enter or exit trades. Simply add the indicator to your chart to view past support levels and plan your trading strategy accordingly.
Envelope indicators, also known as Channel Indicators, create an envelope around price movements, indicating the upper and lower boundaries within which prices are expected to move. They help traders identify potential trend reversals and support/resistance levels.
