Bollinger Bands SC
Bollinger Bands SC MTF Indicator is a popular and useful forex indicator available for free on the MT4 platform. This indicator works by showing multiple time frames of Bollinger Bands on a single chart, allowing traders to easily identify trends and potential entry and exit points. Simply add the indicator to your chart to start using it in your forex trading strategy.
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.
Fractal Channel
The Fractal Channel Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is a technical analysis tool used to identify and track price trends in the Forex market. The indicator works by plotting two parallel lines that form a channel, which follows the price action of a currency pair.
Pivot
The Pivot Indicator is a popular and useful free Forex indicator for MT4. The indicator works by calculating the average of the high, low, and close prices over a certain period of time. The resulting values are then plotted on the chart as horizontal lines. These lines act as potential areas of support and resistance, allowing traders to make more informed decisions about their trades. The Pivot Indicator is easy to use and requires minimal setup.
Plagiat Trend Direction
The Plagiat Trend Direction Indicator is a popular and useful forex indicator designed for MT4 platform. It provides traders with a free and effective tool to determine the directional trend in the forex market. This indicator works by analyzing market data to identify potential trend movements, helping traders make informed trading decisions. Implementing this indicator in your trading strategy can enhance your forex trading experience.
SHI Channel Mod
The SHI Channel Mod Indicator is a useful tool for forex traders using MetaTrader 4 (MT4). This popular and free indicator helps traders identify trend direction and potential reversal points. It works by displaying two trend lines on the chart, making it easy to spot potential buying and selling opportunities. Traders can use this indicator to make informed trading decisions.
Target Bands
The Target Bands Indicator is a popular and free Forex indicator for MT4 that is useful for traders looking to identify and take advantage of breakouts. It works by plotting two bands on the chart, one above and one below the current price. These bands represent the upper and lower targets for the market. When the price moves outside of the bands, traders can take a position in the direction of the breakout. The indicator also includes a signal line that can be used to confirm the breakout. This makes the Target Bands Indicator a powerful tool for traders who want to take advantage of breakouts in the Forex market.
Trend Envelope
The Trend Envelope indicator for MT4 is a useful and popular free Forex indicator. It plots two lines on the chart, one above and one below the price. The lines are calculated using two different moving averages and a user-defined percentage. It can be used to identify both short-term and long-term trends and is a great tool for finding potential entry and exit points.
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.
