The Value Chart Deluxe Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is widely used by traders as an effective tool to identify potential price reversals and trade entry points. The indicator uses a unique algorithm to calculate the value of a currency pair in relation to recent price movements. The indicator also has a built-in alert system to notify traders when the value chart reaches certain levels. The Value Chart Deluxe Indicator is easy to install and use, making it a popular choice for Forex traders.