The Launcher Directional Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator is based on a combination of several indicators, such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Moving Average of Oscillator (OsMA). It provides traders with an easy-to-read graphical representation of current market trends, making it easier to identify entry and exit points. With its simple yet powerful features, the Launcher Directional Indicator is an excellent tool for traders of all skill levels.