The Standard 6 Signals MTF Indicator is a useful and popular free Forex indicator for MT4. The indicator uses a combination of moving averages and price action to detect trend direction and generate buy and sell signals. It also features an alert system, so traders can be notified when a signal is generated. It is also highly customizable, allowing traders to adjust the settings to their own preferences. With its combination of powerful features and easy-to-use interface, the Standard 6 Signals MTF Indicator is an excellent choice for any Forex trader.