The Forex Indicator is a useful and popular MT4 tool that helps traders to analyze the financial markets and make informed decisions. It works by plotting a series of points on the chart that represent the highs and lows of the price action. The indicator can also be used to identify support and resistance levels, which can be used to determine entry and exit points. With its easy-to-use interface and comprehensive features, the Forex Indicator is a popular choice among traders of all levels.