The consolidation indicator for MT4 is a useful tool for forex traders looking to identify consolidation patterns in the market. This popular indicator is free to use and can help traders spot potential breakouts or reversals. The consolidation indicator works by analyzing price action to determine when the market is ranging or consolidating. It does this by plotting lines on the chart that show where the market is consolidating and where potential breakouts may occur. Traders can use this information to make informed trading decisions and enter or exit trades accordingly. To use the consolidation indicator, simply add it to your MT4 platform and apply it to your chart. It will automatically plot
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