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.
Trade Channel
The Trade Channel Indicator is a popular and free Forex indicator for MT4 that is useful for traders looking to gain an edge in the Forex market. It looks for patterns in the price action that suggest when a trend may be starting or ending, giving traders the ability to enter or exit a trade at the right time. The Trade Channel Indicator is easy to use and requires no prior knowledge of Forex trading.
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.
