Free Expert Advisors and Indicators for MetaTrader 4 - 12

Tipu Heikin-Ashi Panel is the modified version of the original Heiken Ashi indicator published by MetaQuotes here . A professional version of this indicator is available here . Features An easy to use Panel that shows the Heiken Ashi trend of selected timeframe. Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. Customizable Panel. The panel can be moved to any place on the chart or minimized to allow more space. Heikin means "the average", and Ashi means "foot

Revolutionize Your Trading with Our MT4 and MT5 Advanced Trade Manager Mt5 Version : https://www.mql5.com/en/market/product/107253 Supercharge your trading strategy with the ultimate tool for precision and control – our MT4 and MT5 Advanced Trade Manager. Beyond conventional trade managers, ours not only adapts dynamically to market conditions but also sets automatic stop-loss and take-profit levels the moment you enter a trade. Key Features: Automated Entry Strategy: Seize opportunities instant

======================================================== PURE GANN LAW OF VIBRATION - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ======================================================== OVERVIEW ------------------------------------------------------- **Pure Gann Law of Vibration** projects the classic Gann geometry on your chart from a chosen major pivot: the 1x1 angle fan, Square of Nine levels, range divisions and time cy

G2 STRATEGY SIGNAL PRO by Ida Bagus Putu Mahardika PROFESSIONAL SMC TRADING INDICATOR G2 Strategy Signal Pro is a professional-grade Smart Money Concepts (SMC) indicator designed for serious traders who demand accuracy, clarity, and actionable signals. Built with a draggable, interactive dashboard, this tool provides real-time analysis across multiple timeframes, helping you identify high-probability setups with confidence. WHY YOU NEED THIS INDICATOR 1. TIRED OF GUESSING? Stop second-gues

We present you an indicator that not only improves the visual aspect of the chart, but also gives it a lively, dynamic character. Our indicator is a combination of one or more Moving Average (MA) indicators, which constantly change their color, creating an interesting and colorful look. This product is a graphical solution, so it is difficult to describe what it does in text, it is easier to see by downloading it, besides the product is free. This indicator is suitable for bloggers who want to

Free, with no functional restrictions. It marks market structure on closed bars: breaks of structure and changes of character, supply and demand zones, fair value gaps, equal highs and lows, and the swing pivots the rest is built from. By default it draws on the close of a bar rather than on every tick, and it caps how many of each mark it keeps. Marks are computed from closed bars only, so nothing drifts or re-positions while the current bar is still forming, and the chart does not slow down as

FREE for the First 100 Users   IFVG Signals Indicator  (ICTIFVGmq4_en.mq4)  Platform: MetaTrader 4 Signal  : IFVG Buy / IFVG Sell arrows on the main chart Zone    : Horizontal rectangle drawn at the confirmed IFVG zone IFVG Sing  Guide is Here  -------------------------------------------------------------------------------- WHAT IS AN IFVG? -------------------------------------------------------------------------------- FVG  (Fair Value Gap)  : A 3-bar price gap where Bar[t+2] and Bar[t] do N

Trend Lines Cross  This indicator will alert you on any cross of a Trendline. You can draw up to two trend lines and form a channel, a pennant , a triangle or a simple trend and when the price crosses either trend line the indicator  will provide you with alerts that you define plus an up or down arrow when the cross happened. How to:   Draw the 1st trendline and name it tl1.  Draw the 2nd trendline and name it tl2. Select which type of alerts you would like in the indicator properties and you a

Forex Trade Manager MT4 simplifies managing open orders in MetaTrader 4. If you open a new order, the manager automatically sets Stop Loss and Take Profit. When price will move, then the program could move Stop Loss to Break Even (stop loss = open price) or continuously moving Stop Loss (Trailing Stop) to protect your profits. Forex Trading Manager is able to control orders for only current symbols (where EA works) or for all opened orders (regardless symbol) and hide the Stop Loss and Take Prof

Introducing the RSI Divergence MT4, a powerful indicator designed to identify trend reversals by analyzing the relationship between price movements and the RSI (Relative Strength Index). Perfect for traders seeking to enhance their decision-making process, this tool offers insights into potential buy and sell signals based on divergence patterns. With its ability to detect both bullish and bearish divergences, the RSI Divergence MT4 empowers traders to spot weakening trends and optimize exit str

Sentinelle SR — structural alerts for the discretionary trader Sentinelle SR is an   alert   indicator, not a robot. It places no orders: it watches market structure and warns you — mobile push, alert window, on-chart panel and CSV log — as soon as a tradable event forms. The final decision stays yours. Designed and field-tested on   XAUUSD M30 . Runs on M15, M30 and H1. What it watches Locked support and resistance on the current and higher timeframe, with a consistency guard (a level can never

Automatic trading system based on the morning Flat indicator, puts pending orders on the borders of the night channel .All trades have a fixed stop loss and take profit .The traded pair GBPUSD H1, can be used on other instruments after optimization. The EA contains a switchable flat indicator . The robot's operating time in the input parameters corresponds to (+2GMT). when switching to daylight saving time,you need to adjust the time manually. * Use default settings  * Does not use dangerous

Number one rule to investing is to protect your capital. Never worry about trading without stop loss or take profit with Auto S/L T/P. Auto S/L T/P will automatically  add your preset default stop loss and take profit to any order on the chart it's installed. Be sure to enable auto trading in order for the EA to work. Entering a trade on the go from your mobile is breeze with Auto S/L T/P running on the chart on your desktop. Just enter a trade and your default stop loss and take profit will be

Fer Goldhunter   is a sophisticated MetaTrader 4 Expert Advisor designed to capture market trends while offering robust recovery mechanisms. It merges a triple EMA trend-following strategy with an optional smart Grid system, fully protected by daily risk limits. Key Features: Trend Following Core:   Uses a   Triple EMA System   (Fast, Slow, Slowest) to identify strong market direction, ensuring trades are aligned with the dominant trend . ADX Advanced Filtering:   Avoids flat markets using a b

Engulfing Detector MT4 by RWBTradeLab A clean, non-repainting engulfing pattern detector for MetaTrader 4 that finds BOTH kinds of engulfing — the classic 2-candle Regular Engulfing and the extended multi-candle E-Regular Engulfing that most indicators miss — and separates the ones that swept liquidity first from the ones that did not. Every pattern is marked as a clear zone box on the chart, all from CLOSED candles only. What This Indicator Does The indicator detects 8 pattern types by CLOS

Adaptive Moving Average   (AMA) is a trend indicator using moving average and market noise filter. Indicator feature are blue and red points, showing the power of trend. Recommendations for trading: Auxiliary Indicator Detecting trend Detecting power of trend Detecting potential reversal points Main indicator Shows entry points for swing trading Serves as dynamic support and resistance Recommendations for use: Any instrument Any timeframe Input parameters: Period - AMA period Fast Period - fast

G2 Signal Manual Entry MT4 by Ida Bagus Putu Mahardika Master the Market with Precision Signals and Smart Risk Management G2 Signal Manual Entry   is a cutting-edge trading solution designed to provide a competitive edge for Forex traders. Combining the power of Moving Average crossover signals with extensive automated risk management, this tool acts as a reliable trading assistant that helps you make timely decisions and optimize every profit opportunity. What Makes This Strategy Superior? Accu

Candle Pattern Finder Candle Pattern Finder is a powerful MT4 indicator designed to help traders easily detect key candlestick patterns in real-time. Whether you're trading trends, reversals, or consolidations, this tool highlights important price action signals directly on the chart — helping you make faster and more confident trading decisions. Detects popular candlestick patterns: Bullish/Bearish Engulfing Hammer & Inverted Hammer Shooting Star & Hanging Man Three White Soldiers Three Black

Expert Advisor designed for trading Engulfing Candle Patterns within a manually input price range the D point of harmonic patterns , gartley , bat cypher butterfly ect.  This is the  full version , word test in the title is an error How Does It Work Step 1 Identify a price range around the end point D of your harmonic pattern. Input two prices into the EA settings   Inp9 Upper Level- type the highest price where an engulfing candle pattern can occur. Inp9 Lower Level - type the lowest price whe

The TPSproDraW indicator allows to draw continuous zigzag lines on the chart. This handy tool will strike fancy of those traders who trade using technical analysis and need visual expression to forecast the price movement. A drawn continuous zigzag line can be removed as easily as it is drawn - just aim a mouse cursor to the zigzag line and press the Shift key. How it helps: The Z key - double press to enable the mode of drawing patterns, press one time to disable the mode, Esc - cancel drawn ob

VIEW THE CURRENCY STRENGTH AND PAIR STRENGTH FOR "X" BARS IN A GIVEN TIMEFRAME. The Currency Strength Multimeter indicator shows the strength, direction and rank of each of the following currencies: AUD CAD CHF EUR GBP JPY NZD USD Furthermore, it also shows the strength, direction and rank of each of the following currency pairs: AUDCAD AUDCHF AUDJPY AUDNZD AUDUSD CADCHF CADJPY CHFJPY EURAUD EURCAD EURCHF EURGBP EURJPY EURNZD EURUSD GBPAUD GBPCAD GBPCHF GBPJPY GBPNZD GBPUSD NZDCAD NZDCHF NZDJPY

Engulfing Pattern is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when a "Bullish" or "Bearish engulfing pattern forms on the timeframe. This indicator comes with alerts options mentioned in the parameter section below. Join our   MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the private link. Engulfing Pattern Indicator MT5 Other Products Try our Martini EA with 2 years of liv

Two Period RSI compares long-term and short-term RSI lines, and plots a fill between them for improved visualization. Fill is colored differently according to an uptrend (short period RSI above long period RSI) or a downtrend (short period RSI below long period RSI). Short-term RSI crossing long-term RSI adds a more robust trend confirmation signal than using single period RSI alone. This is a small tool to help visualize and confirm RSI trends. We hope you enjoy! Looking for RSI alerts? You can

Этот индикатор является уникальным в своём роде, больше всего подходит для скальпинга на XAUUSD а также для торговли на более старших таймфреймах! Уведомление сообщит самые важные точки входа, поэтому следует торговать по тренду. Идеален для скальпинга! The Best Trend Signals - трендовый мультивалютный индикатор, может использоваться на любых финансовых инструментах валюта, криптовалюта, металлы, акции, индексы. Рекомендуемый тайм-фрейм M15, M30, H1, H4, D1.  Как торговать с помощью индикатора

The UzFx-Total TP'SL & Timer-MT4 indicator is designed to provide real-time tracking of total   Take Profit (TP)   and   Stop Loss (SL)   values across all open and pending trades. Additionally, it includes a candle countdown timer to indicate the remaining time for the current candle to close. If you are Looking Best indicators in Mql5 Market. Check these out! SSS Scalping Smart Signals MT5 Indicator Scalping Winning Signals Pro SWS LTL Long Trend Locator Key Features: Automatically calcul

This Custom Mapping Tool is an innovative MT4 indicator that simplifies the process of marking and mapping charts. With this tool, you no longer have to waste time rewriting repetitive words, rectangles, and trendline colors every time. New Feature V5.60: Draw path - Same as the TV Path drawing mode, which is very useful for naked chart trader. You can draw zigzag, draw your patterns manually. Change style in indicator setting.  Crop function disabled by default. Can be enabled and show button c

This EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings, plus many useful features like customizable trading sessions and a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully customizable moving average settings It implements two different trading behaviors Customizable break-even, SL, TP and trailing-stop Works for

The market goes quiet before it moves, and this window shows both halves of that sentence. Squeeze Momentum MTF marks the bars where Bollinger Bands sit entirely inside the Keltner Channel, prints the exact bar where that compression releases, and colours a momentum histogram so you see which side the stored energy was on when it let go, on this timeframe or a higher one drawn right here. Free, no trial, no locked functions. The first question it answers is whether the market is compressed. Boll

Hello, Traders.  Are you the type of trader who struggles with knowing if the market is trending or ranging? If yes, then this is for you. With the help of the ADX indicator, most professional traders even algotraders relies on ADX to give hit of the market's recent mood. And with this project, trend and range are indicated with different colors to aid your trading decisions. Also, this indicator which is one of the practice exercise on how to develop an indicator from my course on Udemy wher

Arrow Indicator Trade EA is an Expert Adviser who trades based on custom indicators. When the indicator shows an arrow up, EA will enter into an OP BUY order. Likewise, when the indicator shows an arrow down, EA will make an OP SELL entry. Features: 1. Stop Loss and Manual and Auto TP based on the ATR indicator. 2. Auto Lot and Fixed Lot. 3. Close By Loss and Close By Profit features. 4. Target Profit Balance and Minimum Stop Balance 5. Easy to use. EA does not generate its own signals but gener

High/Low Daily Levels is a robust, lightweight, and precision-engineered technical indicator designed for MetaTrader 4. It plots the High and Low prices of the trading session as clean, horizontal dashed lines directly on your active chart. Whether you trade breakouts, trend continuations, or mean-reversion strategies around key session boundaries, this indicator ensures you always have precise visual references without cluttering your workspace. Key Features: * Dual Mode Operation: Choose be

======================================================== XAUUSD ELLIOTT WAVE + REAL YIELD (MTF LEVELS/TARGETS) - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ======================================================== OVERVIEW ------------------------------------------------------- **XAUUSD Elliott Wave + Real Yield** maps Elliott structure with ZigZag pivots and motive/corrective checks, then filters signals with a **real-yield

When you work with several assets and have several open positions in assets, it is a little complicated to visualize when profit or profit each active problem is giving, so with this in mind, we develop this indicator where it facilitates the visualization of operations in assets, where you you will be able to open several different resources and you will be able to visualize the individual result of each asset and speed up your decision making in your business.

Core Features (What You’re Actually Getting) This indicator is designed to do one thing really well: show you where institutions actually traded — and keep those levels organized, clean, and tradable. Here’s what it includes: Automatic Order Block Detection Finds real consolidation zones automatically — no manual drawing, no guessing. Smart Volume Filtering Uses volume to separate real institutional activity from random noise. Every block shows a clear multiplier (like 2.3x, 3.1x, etc) so you

======================================================== GANN CONFLUENCE SYSTEM PRO (XAU) - MQL5/MT4 MARKET DESCRIPTION (formatting: **bold** = Bold button; lines with • = bullet list; UPPERCASE = heading) ======================================================== OVERVIEW ------------------------------------------------------- **Gann Confluence System PRO** is a professional multi-module Gann engine for gold (XAUUSD). It combines seven independent Gann techniques into one weighted confluence sc

Hello,  As you know more than 90% of people in the financial markets are losers, the most important reason is the lack of a proper fixed system and risk management. I want to introduce you to an indicator that is the result of my 8 years of experience, which shows you the reality of the market. My human dignity does not allow me to guarantee the future, but the table below shows the past statistics of this indicator and its performance which really the market past is the only way to find out the

Fibonacci Alert MT4 is an advanced trading indicator designed to help traders identify key Fibonacci levels in real-time. By providing timely alerts when price approaches or breaks these critical levels, it empowers traders to make informed decisions and optimize their trading strategies. This indicator is beneficial for both novice and experienced traders, as it simplifies the complex task of tracking Fibonacci levels while offering essential notifications to prevent missed trading opportunitie

Investment Castle Trend Lines — Price Action, Drawn for You Good trading starts with reading the trend — supply and demand, rising and falling channels, trend lines and engulfing candles. Investment Castle Trend Lines brings that price-action picture together on your chart automatically, so you can catch the trend with less guesswork and less stress. What it does for you Automatic trend lines: the prevailing trend lines are drawn for you — no manual plotting. Price-action context: see structur

Prop Trade Assistant — Overview of a Smart Trading Account Manager Prop Trade Assistant is a tool designed for systematic traders and those who strictly follow proper money management rules. It is suitable both for users of prop firm accounts (e.g. FTMO, MFF, The Funded Trader, MyForexFunds, etc.) and for traders operating private accounts who want full control over risk and rule compliance. The tool functions as a risk management utility and monitoring dashboard, tracking drawdown, current PnL

A less risky alrorithm compared with the other version. 1. Make sure you trade only with GBP/USD on an 1h chart as this model is built specifically for hourly Cable trading. 2. If you are backtesting the EA during weekends, make sure to specify a reasonable spread (such as 30 or 50) instead of using current spread because the market is not trading and the current spread may be some awkward number. During weekdays, feel free to use current spread as it is the correct current spread value.   Ove

RSI + EMA Momentum MetaTrader 4 Indicator for RSI-Based Momentum Analysis RSI + EMA Momentum is a MetaTrader 4 indicator designed to measure momentum using the relationship between RSI and its exponential moving average (EMA). Instead of relying exclusively on traditional overbought and oversold levels, the indicator evaluates the distance between RSI and its EMA and normalizes the result using standard deviation. This approach provides a momentum score that adapts to different volatility condit

This indicator calculates support and resistance prices in multi-timeframe with different formulation and draw them on the chart that style do you choose. And If you want, Indicator can alert you when the current price arrive these pivot levels. Formulations: Classic, Camarilla, Woodie, Demark, Floor, Fibonacci Alert Options: Send Mobil Message, Send E-mail, Show Message, Sound Alert Levels: PP, S1, S2, S3, S4, S5, R1, R2, R3, R4, R5, TC, BC and Middle Points Why do you need this indicator: Tim

The Expert Advisor is designed to protect the account, fix profit (loss) and display current information about the account. Trading account protection is carried out by closing all open orders in the terminal and/or closing all charts. When running the Expert Advisor with default parameters, it will only display your account information and will be reduced in size. Next, you can set the conditions under which your trading account will be protected. Profit and loss limits can be set for daily pro

This indicator  identifies swing highs and swing lows in the price chart by comparing the Highs and lows of each candle to a specified number of candle before and after it.    Once it has identified the swing highs and swing lows, it can use them to determine potential support and resistance levels. A support level is formed when the price drops and bounces back up from a swing low, indicating that there is buying pressure at that level. A resistance level is formed when the price rises and reve

Lot Size Calculator, Risk Manager and Trade Panel for MetaTrader 4 Lot Size Calculator Risk Manager Panel MT4 (This is the free edition of   Lot Architect PRO ) is a trading utility for MetaTrader 4 that combines a lot size calculator, position size calculator, risk manager and trade panel in one chart-based interface. The utility calculates position size from a selected risk value and displays the planned trade information before order execution. Entry, Stop Loss and Take Profit levels can be

Star Reversal Pro - Morning & Evening Star Pattern Detector with Advanced Filters Star Reversal Pro is a professional technical indicator for MetaTrader 4 that automatically detects Morning Star and Evening Star candlestick patterns. The indicator features an intelligent trend filter and Higher Timeframe confirmation to improve signal quality and reduce false signals. Main Features: The indicator precisely detects Morning Star (bullish reversal signal) and Evening Star (bearish reversal signal)

A simple indicator that automatically highlights all FVGs (Fair Value Gaps) formed on the chart, as well as FVGs on history. It is possible to select colors for FVGs of different directions (long or short), select the time interval, select the color of middle point and you can also choose whether to delete filled FVGs or leave them on the chart (the option is beneficial for backtesting). The indicator can be very useful for those, who trade according to the concept of smart money, ICT, or simply

please read the description. After months of programming and testing, I'm proud to share  Multiversal  with you . Multiversal  is an expert who works on Timeframe M5 on 20 different pairs  each with a different setting.  Multiversal  is a scalper who is not spread sentive . So It works on every brokers in all conditions. Multiversal  does not use any dangerous strategies  like martingal or hedging that could blow up your account. This expert is the final product of a long period of research. M

ALPHA TP ZONE – SMART TAKE PROFIT & LIQUIDITY TOOL Alpha TP Zone is a professional trading indicator designed to help traders identify liquidity zones, take profit targets, and high-probability reaction areas with precision. KEY FEATURES Automatic Liquidity Detection (Buy & Sell Zones) Smart Take Profit Levels (Institutional Target) Clean Zone Visualization (No Lag) Real-Time Market Reaction Mapping Built-in Alert System Multi-Timeframe Compatible HOW IT WORKS The indicator

## What it does BCPF is an MT4 on-chart indicator that scans price history for **18 active candlestick patterns** and labels detected formations directly on the chart. A compact checklist panel lets you enable or disable each bullish and bearish pattern independently. The 18 available patterns are: - **Bullish:** Hammer, Inverse Hammer, Bullish Engulfing, Morning Star,   3 White Soldiers, Dragonfly Doji, Bullish Marubozu, Bullish Harami,   Piercing Line. - **Bearish:** Hanging Man, Shooting

Wave Entry Alerts Oil is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Oil (XIT/USD) symbol. Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Traders ca

Gold TL MTF - this is a fine stock technical indicator. The indicator algorithm analyzes the movement of the asset price and reflects trend lines along the fractals of a specific timeframe (TF).   Benefits of the indicator: The indicator produces signals with high accuracy. The confirmed signal of the indicator does not disappear and is not redrawn. You can trade on the MetaTrader 4 trading platform of any broker. You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices e

YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>  GO HERE TO DOWNLOAD Most of the time, market reversals / pull backs usually follow volume and price spikes thus  these spikes could be the first indication of an exhaustion and possible reversal/pullback. High volume Turns is an indicator that scans the market for price and volume spikes around over-bought/over-sold market conditions. These spikes when spotted serves as the first indi

- Picidea Hunter – a powerful forex Expert Advisor (EA) ! Picidea leverages the Martingale and grid strategies to maximize trading opportunities, ensuring precision and efficiency in every move. With its intelligent order management system, Picidea smartly closes all orders at your predefined profit target. It also balances profit and loss by averaging them out, closing both winning and losing trades strategically to optimize your returns. Perfect for traders seeking a reliable and automated so

for noobs who dont read description : THE DOTS REPAINT AS THEY ARE BASED ON ZIGZAG ( DUUUH !!) BUT CHANNEL LINES DONT REPAINT. based on zigzag indicator , the zigzag high low channel indicator is a tool to alert the trader for a trend change , can also be used as dynamic support and resistance, ========================== the indicator has multi time frame option to trade higher or lower time frames channel on current time frame ,  ============================================== Note: this indica

The Account Equity Protection Tool is an essential tool designed to safeguard your account equity. When running multiple automated trading programs simultaneously, especially while sleeping at night, unexpected losses may occur due to black swan events or trading program failures. This tool effectively helps you avoid these issues. Its setup is straightforward, requiring you to simply input the desired amount for protection. We recommend setting it based on the current account equity. Once the s

Do you know what your broker's actual spread is right now? Realtime Spread Monitor is a minimalistic yet incredibly accurate tool for monitoring the current spread in real time. The indicator was designed with a strict focus on maximum performance. Unlike clunky alternatives, it operates without historical buffers, heavy calculation loops, or log recording. It consumes an absolute minimum of RAM and causes zero lag, making it the perfect choice for any VPS, even the weakest ones. Why choose Rea

It is a very profitable EA, to trade trends breakout, and manage trades, takeprofit, stoploss, move to breakeven, and trailing stop. I work with this EA, and the reversal/pullback version since 2014.  This is a demo   version of the full   Breakout Monster EA . It works on Real and Demo accounts. Demo version restrictions: Money Management is disabled. Lot size is restricted to 0.01 lots only (Or the minimum allowed by broker). Numerical, SL and TP set to 100 pips. They cannot be modified in

This indicator mostly inspired from BW-ZoneTrade custom indicator from MT5. How To Use: BUY when both dots colored Green. SELL when both dots colored Red. In addition to original one, MACD-OsMA-generated signal also can be drawn. Input Description: MA_period_short: Faster EMA period for MACD. Applied when drawMACD is true. MA_period_long: Slower EMA period for MACD. Applied when drawMACD is true. MACDperiod: MA period for MACD. Applied when drawMACD is true. drawMACD: When true, draw an additi

Backtest with good trend detection results from January 2023 EURUSD Time frame: m15, m30, H1 AUDUSD Time frame: m15, m30 NASDAQ Time frame: m15 S&P 500 Time frame: m15, m30 XAUUSD Time frame: m30 BTCUSD Time frame: H4 These are just some of the assets tested (Please note that past results are no guarantee of future results). Note that this is not a complete strategy, you can use this indicator as an entry trigger after your analysis by setting stop loss and take profit values ​​that you deem

WaveForce Linreg Channel draws a linear regression channel on the last N bars, with deviation bands at ±1σ and ±2σ (TradingView-style layout). Features Center regression line ±1σ solid bands, ±2σ dotted bands Adjustable lookback (20–2000 bars) Adjustable σ multipliers, colours and width Optional ray to the right Optional chart label (off by default) How to use Attach to any chart. Set the number of bars for the channel. Tune ±1σ / ±2σ multipliers if needed. Note This is an analytical tool, not

Summary This indicator is based on RSI and Momentum indicators. It also considers moving averages of these two indicators. The three indicators have adjustable settings. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. The arrows can be used in the EA and the inputs can also be optimiz

Trade Manager Basic – Breakeven and Trailing Utility EA for MetaTrader 4 Trade Manager Basic is a lightweight utility Expert Advisor for MetaTrader 4, specifically designed to manage existing trades without initiating new ones. It automatically: Moves Stop Loss to breakeven after reaching a defined profit level Activates a dynamic trailing stop once the specified threshold is reached Key Features: Operates on manually opened positions Configurable parameters for Breakeven and Trailing logic Com

Time Session OPEN-HIGH-LOW-CLOSE This Indicator Will Draw Lines Of OHLC Levels Of Time Session Defined By User. It Will Plot Floating Lines On Current Day Chart. Time Session Can Of Current Day Or Previous Day. You Can Plot Multiple Session Lines By Giving Unique ID To Each Session. It Can Even Show Historical Levels Of Time Session Selected By User On Chart To Do Backdating Test. You Can Write Text To Describe The Lines.

This indicator is a simple tool to spot a possible trend. When the ribbon below the price bars, It will turn to Green color and the trend is seen to be bullish When the   ribbon above the price bars, it will turn to Red color and the trend is seen to be bearish. It can be used a either Entry Signal Exit Signal or trailing stop, so it is very versatile. By default color : Green is UP trend and Red is Down trend and this work perfect with Bar4Colors.ex4

This indicator represents a genuine momentum oscillator according to the true definition of "Momentum", and as realised by the techniques of digital filtering. ( Note : download a complete set of true momentum oscillators  here ). A scholarly paper on the subject   by the current developer can be found here , but in this description we shall borrow only the minimum of conceptual and mathematical framework needed. In the process, we expose some long-held myths about indicators supposedly measurin

KALIFX Trailing Stop Utility for MetaTrader 4 The KALIFX Trailing Stop Utility is a tool for automated stop-loss management on the MetaTrader 4 platform. It monitors open positions and dynamically adjusts the stop-loss level as the price moves in favor of the trade. The utility can also place initial stop-loss and take-profit levels and apply breakeven rules once the trade reaches a defined profit distance. Core Functionality 1. Trailing Stop Logic When the market moves in the direction of an o

The indicator looks for consolidation (flat) in the market at a certain time, builds a box-channel and marks levels indented from it for a breakdawn. After crossing one of the levels, the indicator marks the zone for take profit and calculates the corresponding profit or loss in the direction of this entry on the panel. Thus, the indicator, adjusting to the market, finds a flat area of the market, with the beginning of a trend movement to enter it. Version for MT5: https://www.mql5.com/en/market

Harmonic Ratio Overview Harmonic Pattern + FRX is a technical indicator designed to help traders identify structured price formations that may indicate potential reversal zones. It focuses on geometric price behavior and combines it with adaptive filtering to improve signal clarity. The indicator operates directly on the chart and highlights detected patterns along with potential trade areas, supporting traders in structured market analysis. How It Works The indicator scans price action to dete

This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M5 to MN, but it uses the history data of smaller periods: M1 - for periods from M5 to H1, M5 - for the H4 period, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are considered to be c