Magic Dots 2 MTF Alerts Indicator is a useful and popular free Forex indicator for the MetaTrader 4 trading platform. It is designed to help traders identify potential entry and exit points in the Forex market. The indicator uses a combination of moving averages, levels and dots to generate signals. The indicator also provides alerts when a signal is generated. The Magic Dots 2 MTF Alerts Indicator is a great tool for traders who want to identify potential entry and exit points in the Forex market.