The Bollinger Bands Stop v2 Indicator is a useful and popular free forex indicator for MT4. It is designed to help traders identify potential entry and exit points in the market, as well as to spot trends, reversals, and breakouts. This indicator uses Bollinger Bands and the Relative Strength Index (RSI) to measure market volatility and momentum. The Bollinger Bands Stop v2 Indicator works by plotting two lines on the chart. The upper line is the Bollinger Band, which is a measure of market volatility. The lower line is the RSI, which is a measure of market momentum. The indicator will show a buy signal when the price is above the upper line and the RSI is below the lower line. Conversely, it will show a sell signal when the price is below the lower line and the RSI is above the upper line. Overall, the Bollinger Bands Stop v2 Indicator is a useful and popular free forex indicator for MT4. It is easy to use and understand and can help traders identify potential entry and exit points in the market. It is also useful for spotting trends, reversals, and breakouts.

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