Consolidation
The Consolidation Indicator is a popular and free MT4 Forex indicator that is useful for traders looking to identify consolidation patterns in the Forex market. The indicator works by plotting a number of lines on the chart that represent the support and resistance levels of the market. When the price of a currency pair moves between these lines, it is considered to be in a consolidation pattern. This indicator is a useful tool for traders looking to capitalize on consolidation patterns in the Forex market.
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.
I Intra Day
The I Intra-Day Indicator is a free and popular MT4 Forex indicator that is useful for intra-day traders. It works by analyzing the current market conditions and providing traders with an easy-to-read visual representation of the trend direction. With its intuitive design and powerful features, the I Intra-Day Indicator is a great tool for any Forex trader looking to maximize their profits.
Shi Channel True
The Shi Channel True Indicator is a popular and useful tool for Forex traders. This free indicator for MT4 provides traders with a simple and effective way to identify potential entry and exit points in the Forex market. The indicator uses a combination of moving average lines and price channels to identify the trend direction and provide entry and exit signals. The Shi Channel True Indicator is a popular and free tool for Forex traders that can be used to identify potential trading opportunities in the Forex market.
SHI Channel V2 Stop
The SHI Channel v2 Stop is a popular and free forex indicator for MT4 trading platforms. The Stop version of the SHI Channel v2 indicator will also provide traders with the ability to set stop-loss and take-profit levels. The SHI Channel v2 Stop indicator is a great tool for any trader looking to improve their trading performance.
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.
