The Price Position Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4). It helps traders to identify the entry and exit points of their trades, allowing them to maximize their profits. The indicator works by displaying the price movements of a currency pair in a graphical format. It shows the current price level relative to the previous price level and the current trend of the currency pair. It is an ideal tool for both novice and experienced traders, and can be used to identify potential trading opportunities in the Forex market.