Informational Indicators (MT4)

Informational indicators in MT4 are tools used by traders to display market information on a chart. These indicators are designed to provide traders with useful information about the market, such as news releases, economic events, and market sentiment. Informational indicators can be either built-in or custom-made for the MT4 platform and are often used in conjunction with other analysis tools to gain a better understanding of the market. However, traders should be careful not to rely solely on informational indicators for making trading decisions, as they can produce false signals and provide conflicting information. Proper risk management and a thorough understanding of the markets are essential when using informational indicators for trading decisions.