Ichimoku Kinko Hyo
The Ichimoku Kinko Hyo Indicator is a free, popular and useful Forex trading indicator that can be used in MT4. It is designed to help traders identify trends, support and resistance levels and potential entry and exit points. The indicator consists of five lines that are used to measure the momentum of a currency pair. The Tenkan-sen line is used to measure the short-term trend, while the Kijun-sen line is used to measure the mid-term trend. The Ichimoku Kinko Hyo Indicator is easy to use and can be a great tool for any trader looking to gain an edge in the Forex market.
Pullback Factor
Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
RSI Osma
The RSI OSMA Indicator is a powerful and useful Forex indicator, popular among MT4 traders. It combines the Relative Strength Index (RSI) with the Moving Average of Oscillator (OSMA). The RSI is used to measure the speed and change of price movements, while the OSMA is used to measure the momentum of price movements. The RSI OSMA Indicator is a great tool for traders looking to identify potential market opportunities.
Volatility Ratio
The Volatility Ratio Indicator is a popular and free Forex indicator for the MT4 trading platform. This indicator uses the Average True Range (ATR) and the Standard Deviation (SD) to determine the volatility of the market. The ATR is used to measure the volatility of the market while the SD is used to measure the range of price movements. The indicator then calculates the ratio between the two and displays it on the chart. By using this indicator, traders can make better decisions when it comes to entering and exiting trades. This indicator is a great tool for any trader looking to trade the Forex market.
Zone Indicator
The Zone Indicator is a popular MT4 Forex trading tool that is new to the market and is available as a free download. This is essential for forex traders who rely on support and resistance strategies, trend traders and traders who want to anticipate price action. The Zone indicator automatically displays strong support or resistance levels on the chart.
Above is the list of the best scalping indicators in our indicators Collection. Scalping indicators in forex trading are technical indicators that provide traders with the most accurate short-term price movement signals. These indicators can be downloaded and used to identify overbought or oversold market conditions, track price and volume trends, and analyze market volatility.
Used by experienced traders, these indicators are among the most effective technical tools for successful scalping strategies at the same time carrying an increased risk of capital loss.
