Price action trading can indeed benefit from a few well-placed indicators on MT4 without deviating from its core philosophy. Here are some that you might find helpful:
Support and Resistance Indicators: These can automatically plot key levels based on historical price action. Look into tools like the "Auto SR" indicator, which can save time and provide a clearer view of critical zones.
Candlestick Pattern Recognizers: Indicators such as "Candle Countdown" or "Candle Time" can help spot significant patterns like pin bars or engulfing bars, making it easier to act on reversal signals.
Trendlines and Channels: A tool like the "ZigZag" indicator helps identify swing highs and lows, which can be useful for drawing your own trendlines or channels. It's less about the indicator telling you what to do but more about seeing structure.
Volume: While not strictly price action, understanding volume at key levels or during specific candlestick patterns can add another layer to your analysis. Look for "Volume Profile" tools adapted for MT4.
To keep charts uncluttered, use these indicators sparingly and only when they add clear value. Regularly review your setup to ensure each element serves a specific purpose. Additionally, practice identifying these elements manually, as it greatly enhances your ability to interpret market moves without relying heavily on indicators.