Bands LSMA
The Bands LSMA indicator is a useful and popular free Forex indicator for MT4. The indicator plots two bands on the chart, one above and one below the price. The upper band indicates a possible entry point for a buy position, while the lower band indicates a possible entry point for a sell position. It is easy to use and it is free, making it a popular choice among Forex traders.
Dyn Range
The Dyn Range Indicator is a useful and popular free Forex indicator for MT4. The indicator works by analyzing the price action of the current market and then plotting a range of possible support and resistance levels. It is a great tool for both beginners and experienced traders, and is easy to use and interpret.
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.
