Trend Following Indicators
Moving Averages (MA): Simple MA, Exponential MA (EMA), Weighted MA (WMA), Smoothed MA (SMMA)
Bollinger Bands: Measures volatility and trend strength through three bands
Ichimoku Cloud: Multi-faceted indicator that provides support/resistance levels, trend direction, and momentum
Relative Strength Index (RSI): Oscillator that measures momentum and potential overbought/oversold conditions
Stochastic Oscillator: Oscillator that compares the closing price to the range of prices over a given period
Momentum Indicators
Moving Average Convergence Divergence (MACD): Represents the difference between two exponential moving averages
Parabolic Stop and Reversal System (Parabolic SAR): Trend-following indicator that places stop-and-reverse points based on price action
Commodity Channel Index (CCI): Oscillator that measures the relationship between current price and historical average price
Williams %R: Oscillator that measures the current closing price relative to the highest and lowest prices over a given period
Momentum: Measures the rate of change in price
Volume Indicators
Volume: Shows the number of contracts traded in a given period
Accumulation/Distribution Indicator: Measures the relationship between price and volume to identify potential trend reversals
On Balance Volume (OBV): Measures the cumulative volume of trades that result in price increases or decreases
Money Flow Index (MFI): Oscillator that measures the momentum and trend strength based on volume
Other Indicators
Fibonacci Retracement Levels: Horizontal lines that represent potential support and resistance levels based on the Fibonacci sequence
Pivot Points: Calculated values that provide important price levels for intraday trading
Support and Resistance Lines: Trendlines that identify areas where price has historically found support or resistance
Chart Patterns: Patterns formed by price movements that can indicate potential trend reversals or continuations
Note: These are just a few examples of the many forex indicators available for MetaTrader. The choice of indicator will depend on the specific trading strategy and market conditions.