Advanced Bollinger Bands
Advanced Bollinger Bands Indicator is a useful and popular MT4 forex indicator that is free to download. The indicator is based on the Bollinger Bands theory, which suggests that prices tend to stay within a certain range. The indicator plots two bands on the chart, one above and one below the moving average. Advanced Bollinger Bands Indicator is a great tool for traders who want to take advantage of market volatility and benefit from potential price movements.
Equidistant Price Channel
The Equidistant Price Channel Indicator is a popular and free Forex indicator for MT4. The indicator draws a channel on the chart by connecting two extreme points, which are determined by the highest high and lowest low of a given period. The indicator then plots a line in the middle of the channel, which is used to identify potential entry and exit points. The Equidistant Price Channel Indicator is a great tool for traders looking to take advantage of short-term price movements, as it is simple to use and provides reliable signals. The indicator can be used with any timeframe and any currency pair, making it a versatile and popular tool for traders.
Stop Auto
Stop Auto Indicator is a popular and free Forex indicator for MT4. This indicator is based on the ATR (Average True Range) indicator and works on all time frames. The indicator can be used to set stop loss and take profit levels for any currency pair, and can be used for both long and short positions. Stop Auto Indicator is a great tool for any Forex trader, and is available for free on the MT4 platform.
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.
