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Free Expert Advisors and Indicators for MetaTrader 4 - 13

icon Trading robots perform market transactions automatically, while indicators allow you to better analyze quotes and predict the price behavior. With these applications, you will be able to perform deals in MetaTrader 4 in a more informed manner, while capturing more opportunities.
Dual Scale Candles MT4
Mohamed Amr Mohamed Osama Abdelwahab
Dual Scale Candles MT4 draws a second symbol's candles over your chart, with the second symbol's own prices on a separate left scale. Compare two instruments on one chart. The overlay uses a linear price mapping to fit the second symbol to the chart. Choose alignment at the first available bar of the current day or week, at the oldest drawn bar, or choose Range Fit. Day and week modes show a vertical anchor line. If the beginning of the period is not loaded, the label identifies the partial peri
FREE
RSI divergence indicator is a multi-timeframe and multi-symbol indicator that help us find divergences between price chart and RSI indicator. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals. This indicator will identify the peaks and troughs of both price and the RSI indicator. You can adjust the parameters to adjust the strength and weakness of these peaks a
FREE
MNFM Risk Monitor MT4
Khalid Abdullah M Altuwaijri
MNFM Risk Monitor MT4 A free, read-only account exposure dashboard for MetaTrader 4. View open positions by symbol, directional lots, floating results and account health in one compact panel. The indicator does not open, modify or close orders and does not enforce risk limits. One clear view of your open exposure Open symbols with buy, sell or combined direction, position count, buy lots and sell lots. P/L + swap, Lots % and P/L % for each symbol, plus totals across all filtered pages. Balance,
FREE
SC MTF Stochastic MT4
Krisztian Kenedi
4.33 (9)
Advanced Stochastic Oscillator with dual-line signals, three-level system, multi-timeframe support, customizable visual signals, and highly configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is Stochastic Oscillator? The Stochastic Oscillator is a momentum indicator that compares a security's closing price to its price range over a specific period. The indicator cons
FREE
Five Minute Drives
Kenan Ozkarakas
4.25 (8)
"Five Minute Drives" indicator that is designed to be used in the 5 minute timeframe. One of its most important advantages is that it shows the general trend in the upper time frames when looking at the 5-minute timeframe. Therefore, when opening positions in the 5 minute timeframe, when it is in line with the trends in the upper timeframes, you are less likely to be upside down. If you can evaluate breakout/breakdown opportunities between the curves on the graphic screen with your geometric per
FREE
Investment Castle Supply and Demand MT4
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
Investment Castle Supply & Demand — Zones That Don't Repaint Price flows between supply and demand. This non-repainting indicator maps those zones for you by counting how many times each level has been tested and retested in the past, so you trade from the areas the market actually respects. What it does for you Non-repainting zones: levels are based on real, historical tests and retests — they don't redraw on you. Trade from strength: see the supply and demand areas where price is most likely
FREE
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
FREE
Chart style
Aleksandr Krokhalev
5 (3)
The indicator works as an extension that recolors the candles and the background in the terminal at the click of a button (Night Theme / Day Theme). The user can also set the display of the watermark of the symbol, and specify its size. The interactive menu allows you to toggle the display of the Ask value. And switch chart scaling from adaptive to fixed with one click. You can add your favorite color to the settings for switching.
FREE
Zen Arrows
Dmytro Kasianov
Zen Arrows Designed for professional use, it features robust signal logic and secure calculations that eliminate delays or false updates. It does not redraw, delete, or modify past signals. All BUY and SELL signals are generated on the candlestick itself and remain fixed. In real trading, there is no redrawing—signals appear instantly on the candlestick itself. It provides professional-level stability, accuracy, and flexibility. The system accurately identifies trend reversals and momentum chan
FREE
The robot was created based on CCI (Commodity Channel Index) logic, and it is a very stable Expert Advisor (EA). It is optimized for XAUUSD (gold) by default, but you can run it on any currency pairs. Take Profit : 10 pips Stop Loss : 90 pips Grid Order : Every 5 pips All orders are closed when the total profit in dollars reaches a certain amount or when each individual order hits its take profit.
FREE
SSB Indicator
Gunapu Sankara Rao
Product Type: Indicator Platform: MetaTrader 4 Category: Trend / Signal Indicator SSB Indicator — Non-Repainting Buy/Sell Signal Indicator with Live Stats Panel SSB Indicator is a signal-based tool that plots clear, non-repainting Buy and Sell arrows directly on the chart, along with a live on-chart statistics panel so you can track performance in real time. Key Features: Non-repainting Buy/Sell arrow signals Automatic Win/Loss tracking with a live statistics panel Win rate displayed with simple
FREE
DrawRectangular EA The Expert draws Renko rectangles and the levels of development of the following "bricks" directly on the chart, can be used as an indicator. The order may be opened on or against (sets in the settings) the trend, depending on the size of the shadows of the last two Renko bars. Expert features: No more than one order per symbol; You must set the size of the last two shadows: "from" and "to"; Management of lot size depending on the deposit; Adjustable size Renko bar; Pending
FREE
INFINITY STAT PANEL — account statistics for MetaTrader 5 The INFINITY STAT PANEL shows the trading results directly on the chart. Analyze profits and losses based on Expert Advisor comments, transaction wizards and trading instruments, track commissions and swaps, and compare results for a selected period. The panel is suitable for any type of account, including when using multiple Expert Advisors on the same account. Additional information about the broker, account type, and the broker’s
FREE
Wave Breath MT4
Kestutis Balciunas
Wave Breath Indicator is a non-repainting adaptive trend-flow tool for MetaTrader 4. It tracks market direction with a fast and slow exponential moving average pair on the typical price (HLC/3), wraps the resulting basis line with volatility-scaled sensitivity bands, and latches a stateful trend that flips only when price closes through the opposite band. The output is a clean, color-coded picture of the dominant flow: a bicolor basis line, a level line that hugs the active band, a translucent c
FREE
Introducing CM EMA Trend Bars MT4, an innovative indicator designed specifically for MetaTrader 4 that helps traders identify market trends using Exponential Moving Averages (EMA). This powerful tool is perfect for both novice and experienced traders looking to enhance their trading strategies and capitalize on market movements. With CM EMA Trend Bars MT4, you gain a competitive edge by receiving timely trading signals based on price action. It allows you to make informed decisions, ensuring you
FREE
MA Ribbon Flow MT4
Komang Putra Riswanjaya
MA Ribbon Flow MA Ribbon Flow is a trend visualization indicator that combines 20 Moving Averages into a single ribbon-like structure. The purpose of this indicator is to help traders validate whether a trend has truly changed direction or if the market is only experiencing temporary pullbacks or noise. By observing the flow, alignment, and spacing between the MA ribbons, traders can identify: Trend strength Trend continuation Potential reversals Momentum expansion and weakening The indicator
FREE
DawnDuskDynamics MT4
Pradana Novan Rianto
5 (2)
DawnDuskDynamics EA DawnDuskDynamics is a sophisticated trading algorithm that leverages the well-known Morning Star and Evening Star candlestick patterns to identify potential market reversals. This Expert Advisor is designed for traders looking to automate their trading strategies on major currency pairs, ensuring a systematic approach to forex trading. Key Features: Trading Strategy : Utilizes the Morning Star and Evening Star patterns to determine entry points, enhancing the probability of
FREE
Important Levels Indicator
Andrey Tatarinov
4.67 (3)
The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips. You can also display levels in multiples of 25 pips . When the price reaches the level, an alert or push notification is displayed. MT5 version  https://www.mql5.com/en/market/product/69740 Settings Show Levels 100 pips - show levels that are multiples of 100 pips Show Levels 50 pips - show levels that are
FREE
MT Merit Candle Count
Issara Seeboonrueang
5 (2)
Optimal Strategy Be your trading assistant MT  Merit  Candle Count : Designed for binary options trading, Indicator counts the number of bullish or bearish candlesticks, making it suitable for both martingale and standard trading strategies. It's ideal for experienced traders and applicable to Forex, helping to gauge volume and identify trends or potential reversals on the chart. Indicator for traders who prefer manual trading. TRADE: Binary Option and Forex TIME FRAME:  All Time Frame SYMBOL
FREE
PinBar Scanner PRO MT4
Andrzej Grzegorz Kwiatkowski
5 (1)
PINBAR SCANNER PRO with TREND and RSI + CCI OSCILLATORS filter This indicator has been designed to automatically and constantly scan entire market to find high probability pinbar formations, so you can just wait for the perfect trading opportunity come to you automatically. PINBAR is the strongest candle reversal pattern known in technical analysis. It shows excellent areas to determine potential entries and exits with opportunity to use excellent risk and reward ratios.  It includes an RSI and
FREE
Railway Tracks Pattern — Reversal Pattern Indicator Railway Tracks Pattern is an indicator that automatically detects a powerful two-candle reversal pattern on the chart. It looks for two candles with opposite directions (bullish and bearish), similar in size, and with minimal wicks — a clear sign of momentum shift. How it works: The first candle is strong and directional. The second candle moves in the opposite direction and is of similar size. Both candles have small shadows (wicks). The
FREE
RelicusRoad Trading Sessions is a trading sessions indicator for MetaTrader 4 and MetaTrader 5 that marks the opening time of the Tokyo, London and New York sessions with dotted vertical lines on M1, M5 and M15 charts. Each session open is shown as a line, a small rotated name label and an event marker in the session's color, for the current day and the previous weekdays. Hovering over one shows the session name and its opening time. The indicator marks opens only: it does not shade session rang
FREE
Vortex Trend Indicator
Francesco Petralla
4.33 (3)
Developed by Etienne Botes and Douglas Siepman, the Vortex Indicator consists of two oscillators that capture positive and negative trend movement. In creating this indicator, Botes and Seipman drew on the work of Welles Wilder and Viktor Schauberger, who is considered the father of implosion technology. Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret. A bullish signal triggers when the positive trend indicator (VI+ green line) crosse
FREE
GridSensePro
Rio Gunawan Putra
Meet GridSense Pro — the Expert Advisor designed for traders who want the market working for them 24/7 without waiting for signals . Unlike many EAs that depend on rare entry conditions, GridSense Pro actively searches for opportunities on its own . Using a smart comparison system based on RSI behavior , the EA continuously analyzes the market and detects its own trading signals automatically . No signal hunting. No complicated timing. Just attach the EA and let the algorithm do the thinking. A
FREE
Blahtech VWAP
Blahtech Limited
5 (3)
Blahtech VWAP - Volume Weighted Average Price (VWAP) is the ratio of price to total volume. It provides an average price over a specified time interval.  Links [  Install  |  Update  |  Documentation   ] Feature Highlights Configurable VWAP Line Sessions, intervals, anchored or continuous Previous day settlement line Standard Deviation bands Alerts at bar close or real time Automatic Broker or Tick volumes Significantly reduced CPU usage Input Parameters Expert Advisor Mode  - Reserved for iC
FREE
RelicusRoad CopyTrader is a free trade copier for MetaTrader 4 . It copies trades between MT4 terminals on the same computer, so you can trade one account and have the others follow it, each at its own size and risk. Full version, no limitations, no trial period. Trade one account. Let the rest follow. MetaTrader 5: RelicusRoad CopyTrader MT5 How it works One terminal runs as the Leader (master) and shares the orders it holds. Any number of terminals run as Followers (slaves) and mirror them. Te
FREE
IceFX SpreadMonitor
Norbert Mereg
4.91 (11)
IceFX SpreadMonitor is a special spread logging indicator which displays the current, minimum/maximum and average spread values. These values are set to be visible even after a reboot. Also, SpreadMonitor could save all the desired spread values to .csv files for later analysis of the results. Indicator parameters: SpreadLowLevel - low level of spread (show value in green color) SpreadHighLevel - high level of spread (show value in red color) BGColor - background of panel SpreadNormalColor - co
FREE
Dark Dione
Marco Solito
4.69 (59)
Dark Dione  is a fully automatic Expert Advisor for Medium term  Trading. This Expert Advisor needs attention, in fact presents highly customizable. Dark Dione is based on   Dark Breakout   indicator, these trades can be manage with some strategies.   (Write a   review   at market to receive 1 paid indicator for free!) Optimization experience is required to Download the robot. My tests are indicative, for best results it is necessary to study the user manual and create your settings. All the   s
FREE
Breakout Monster Mini
Abdulfattah Yahya Mohammed Alhazmi
5 (3)
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
FREE
Range Canvas MT4
Luke Anthony Caras
5 (2)
Daily Range Boxes : The indicator draws rectangular boxes around each day's high and low prices, creating a clear visual boundary for the daily trading range. Color-Coded Logic : Green boxes when the current price (or close) is above the daily open Red boxes when the current price is below the daily open Percentage Level Lines : Inside each box, it draws three horizontal lines at: 25% of the daily range 50% of the daily range (midpoint) 75% of the daily range Range Information : Each box displa
FREE
Darvas Flow
Komang Putra Riswanjaya
5 (1)
Darvas Flow Indicator is a revolutionary trading indicator that combines the classic Darvas Box method with modern market flow analysis. Developed for serious traders, Darvas Flow offers a powerful and intuitive tool for identifying trading opportunities. Key Features Darvas Box Method Implementation : Darvas Flow automatically identifies Darvas boxes, allowing you to see crucial support and resistance levels. This helps in pinpointing optimal entry and exit points in your trades. Dynamic Flow
FREE
Apex Trend Genesis 4 is a professional trend-following indicator based on a deeply modified SuperTrend algorithm. Its key differentiator from standard versions is the unique Smart Gap Filter module. This module protects the trader from false signals caused by price gaps at session openings or during high-impact news volatility. The indicator is fully adapted to modern market conditions, employing a powerful combination of noise filtering methods and dynamic volatility assessment. Key Advantage:
FREE
IceFX VelocityMeter
Norbert Mereg
4.67 (3)
IceFX VelocityMeter is a very unique indicator on MetaTrader 4 platform which measures the speed of the forex market. It's not a normal volume or other measurement indicator because IceFX VelocityMeter is capable to understand market speed movements which are hidden in ticks and those valuable information cannot be read in an ordinary way from the candles. The software monitors the received ticks (frequency, magnitude of change) within a specified time range, analyzes these info and defines, dis
FREE
Reversal zone
Murodil Eminjonov
Индикатор "Reversal zone" показывает силовые уровни  и возможные точки разворота на текущем графике. Индикатор "Reversal zone" поможет трейдеру разобраться с текущей ситуацией The "Reverse zone" indicator shows power levels and possible reversal points on the current chart. The "Reverse zone" indicator will help the trader to deal with the current situation
FREE
Adjustable Pin Bar
Davit Beridze
4.67 (3)
Check my p a id tools they   work  perfect please r ate Adjustable PIN BAR indicator is usefull tool alowing to search for pin bars you wish to find on the price chart, it has 2 parameters to filter out what type of pin bars you wish to search for: 1) MinTailProc 75% (default) which means to show pin bars that has minimum size of the Nose (Tail) as 75% of full candle size. If Upper Nose (Tail) size of the candle is minimum 75% of the candle size fully than candle is painted in RED. If Lower Nose
FREE
Auto SL TP
Henry Lee Taylor
3.6 (5)
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
FREE
UPD1 Average True Range Levels
Vitaliy Kuznetsov
4.67 (3)
The Average True Range ( ATR ) is a measure of market volatility over a specified number of days. You should not expect a big continuation move when the price has reached the end of the range. The market is considered to have run out of fuel. If the price has not reached the edge, it still has a range. The indicator formula allows you to calculate High-Low levels both in aggregate and individually. You can also use these levels as support/resistance and target. Input parameters. Start Day - f
FREE
A line-by-line port of "Chandelier Exit" , 2019-present Alex Orekhov ( everget ), distributed under the GPL-3.0 license. The original is published on TradingView. This port is released under the same license. The logic is exactly the original's: ATR = multiplier × ta.atr(length) (Wilder RMA, seeded with an SMA). Long stop = highest(close or high, length) − ATR. It only moves up while the previous close stays above the previous stop. Short stop = lowest(close or low, length) + ATR. It moves sym
FREE
Candle Scalper EA
Robots4Forex Ltd
4 (1)
The Candle Scalper EA is a fully automated Expert Advisor that trades based on price action. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom E
FREE
Fimathe PCM MT4
Jean Charles Vilhena Maia
Fimathe PCM Automato for MetaTrader 5 Fimathe PCM Automato is an Expert Advisor for MetaTrader 5 based on price channel formation and breakout confirmation by candle body close. The trading logic is based exclusively on price structure. The product does not use martingale, grid systems, moving averages, or external indicators. Trading logic The Expert Advisor builds a price channel using the number of candles defined in the input parameters. After the channel is formed, the system monitors brea
FREE
A simple yet useful indicator to visually see the entry and exit points of orders on the chart This indicator shows current open orders and completed orders on symbol Indicator parameters Lines Buy color - specifies color of lines for buy orders Lines Sell color - specifies color of lines for sell orders Lines Width - sets the line width, works for Solid style types Lines style - sets the style of lines Lines positive profit color - sets the color for positive profit texts Lines negative profit
FREE
RoundLevelss
Musa Khunarikov
️ This is a FREE version of the tool. Developed by a practicing trader with 12 years of live trading experience (verified tax records, 51 Finam certificates). Looking for professional trading solutions (Volume Profile, SMC, Risk Manager)? Author's full lineup of PRO indicators: https://www.mql5.com/en/users/musa1994/seller Official website and portfolio: https://developer-mql4-mql5.netlify.app/ RoundLevelss — Psychological Round Levels with Auto-Adaptive Step for MetaTrader 4 Round price
FREE
EA Golden Kick Ass is full automate system at Tokyo session. This Expert Advisor is designed for GOLD. Expert Advisor need Hedge Type Account.  Important:GMT setting is mandatory.ask your using broker for GMT. Recomend Deposit:$1000 per 0.01lots. Timeframe:M5 Symbol:XAUUSD General Settings: GMT :Required. Set the GMT of the broker you use. Lot Type : Balance Per lots is auto lot caliculation from your balance. Fix lots: Sets lot when Fixed lots is set for Lot Type. Margin Step:Sets margin step
FREE
QCL Bollinger Trend Trail — MT4 Track trend direction with an adaptive trailing line directly on your MetaTrader 4 chart. QCL Bollinger Trend Trail combines trend detection with integrated volatility filtering to provide a clear visual reference alongside price action. Its two-color line advances as a trend develops and holds its position when conditions do not support further movement. Key Features Adaptive trailing line: Follows developing price movements. Directional colors: Distinguishes upw
FREE
Sentinelle SR
Heritage Finance LTD
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
FREE
Three Stochastics
Pavel Zamoshnikov
3.7 (10)
This indicator signals about crossing of the main and the signal lines of stochastic (lower stochastic) in the trend direction which is determined by two stochastics of higher time frames (higher stochastics). It is not a secret that stochastic generates accurate signals in a flat market and a lot of false signals in a protracted trend. A combination of two stochastics of higher time frames performs a good filtration of false signals and shows the main tendency. The indicator is recommended for
FREE
TCL Boll Bands Trader MT4
Stratos Digital (PVT) Ltd
TCL Boll Bands Trader is a Bollinger Bands indicator for MetaTrader 4 with a multi-mode trend filter, dual-deviation entry levels, volatility subfilters, and an interactive on-chart dashboard. How It Works Standard Bollinger Bands signals can produce signals against the dominant move when the underlying market is in a strong trend. This indicator addresses that by checking each potential signal against a configurable trend filter before plotting it, and by adding squeeze, Average Directional Ind
FREE
Stochastic Arrow
Anton Iudakov
4.5 (4)
The indicator has combined 5 popular strategies. Draws an arrow after confirming a signal for the selected strategy. There are signal alerts. Doesn't redraw its values. I recommend watching my advisor -   Night Zen EA 5 strategies. The main line crosses the signal line. The main line crosses the signal line in the oversold (for buy) / overbought (for sell) zones. The main line enters the oversold (for sell) / overbought (for buy) zones . The main line comes out of the oversold (for buy ) / over
FREE
Trend MA Candles
Claus Dietrich
4.14 (7)
COLORED TREND MA / MACD CANDLES draw MA Candles above/below Moving Average in a single color draw MA as a leading Line like a Supertrend draw MA as a Channel => MA High and Low draw MACD Candles above and below 0 and Signal-Line Your  Advantage: a simple view of the trend direction a simple view over the higher trend direction a calmer chart for the eye clear rules can be defined Settings: Bars to process : 6000 is my default, this value is up to you Value Quick-Set : pre-Settings MACD 12 / 26
FREE
Arrow Indicator Trade EA
Anthonius Soruh
3.67 (3)
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
FREE
Pro MA Angle
Fatemeh Ameri
5 (1)
This indicator is a professional Trend identifier, it measures the angle or slope of moving averages with different methods. As this indicator calculate angles you can identify the strength of trend by magnitude of angle. It also shows if angle is increasing or decreasing which gives you the opportunity to make more information about current trend. You can combine this indicator with your strategy as a filter or you can use it alone to make your trading system. This is not a repainting indicator
FREE
MacdScalper
Roman Yablonskiy
4 (1)
MacdScapler   is an automatic expert advisor with two section of martingale strateges with automation takeprofit. The MACD indicator with adjustable parameters is used as inputs. If parameters of the entry points goes wrong, the EA changes them automaticly. General recommendation The minimum recommended deposit is 1000 cents for 0.01 lot. Spread is recommended less then 2 points. The martingale parameter can be set from 0.1 to any value in two steps - the first for the four trades and the second
FREE
Aura Mini Candle Timer - Smart Interactive Edition Aura Mini Candle Timer is a lightweight indicator that intuitively displays the remaining candle time and current candle direction for multiple timeframes (MTF) while taking up minimal chart space. The core feature of this indicator is its interactivity. Without the need to open the indicator settings window, you can simply click the timer panel on the chart to cycle through 7 major timeframes in real-time. [Key Features] One-Click Timeframe Cy
FREE
Breakout Box
Claus Dietrich
4.33 (24)
BREAKOUT-SESSION-BOX LONDON EU US ASIA Open watch the expectation of a volatile movement above or under the opening range We take the high of the range as Entry for a long trade and SL will be the low of the range and vice versa the low of the range as Entry for a short trade and the high for SL The size of the range is the distance to the TP (Take Profit) The range of the opening hours should not be larger than about 1/3 of the average daily range 4 breakout examples are already predefined: A
FREE
Fair Value Gap Sweep MT4
Crispin Tibilla
4.8 (5)
Fair Value Gap Sweep is a unique and powerful indicator that draws fair value gaps on your chart and alerts you when a gap has been swept by the price. A fair value gap is a price gap that occurs when the market opens at a different level than the previous close, creating an imbalance between buyers and sellers. A gap sweep is when the price moves back to fill the gap, indicating a change in market sentiment and a potential trading opportunity. Fair Value Gap Sweep indicator has the following
FREE
Volume By Color RSJ paints the volume bar in a darker color when the traded volume is above its own moving average, so candles with unusual activity stand out. An optional four-color mode shows the strength of each candle's volume in steps. By default the indicator compares each bar with the 20-period simple average of the volume. The average type and period can be changed in the inputs. How to use The colored bars make it easy to spot breakouts, rejections and climax candles that happen with vo
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RSI Color Candles with Moving Average
John Louis Fernando Diamante
4.75 (4)
See RSI values turned into colored candles This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding. Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values. Features - optional colored candles - optional colored ma - 6 draw styles; RSI slope RSI above/below overbought/oversold levels RSI above/below level 50 RSI above/below it's moving average
FREE
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
FREE
TravaRisco Lot Calculator MT4
Nuno Miguel Dourado Dos Santos
Stop guessing your lot size. TravaRisco Lot Calculator shows the exact lot for your chosen risk, right on the chart. How it works: Type your risk % and stop loss in points on the panel. The indicator instantly calculates: Money at risk (in account currency) Loss per 1 lot at that stop loss Exact lot, rounded to your broker's volume step Real risk after rounding Works on forex, gold, indices and crypto, using your own broker's tick values. Panel in English or Portuguese. It does not open trades:
FREE
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
FREE
Root Diamond EA
Yevheniy Kopanitskyy
Full automatic trading platform incorporating the best settings of BinaryMiner and Root-Diamond Built-in configurations. 1. Automatic calculation of abyom from the deposit. 2.Opening only one position from the settlement level in Long or Short 3.Security for going to No Loss in cases of Contra trend 4 binary indicators filter the market and identify a nearby wave in the market movement. All incorporating configurations guarantee long-term income // --------- Configurable parameters -----
FREE
Turbo ATR Scalper User Guide Core Parameters Parameter Default Description Channel Period 30 Period for calculating trading channel Auto Lot true Automatic position sizing Fixed Lot 0.2 Fixed trade size Risk 10% Account risk percentage Max Orders 10 Maximum open trades ATR Period 3 Volatility indicator period SL Multiplier 45.0 Stop Loss coefficient TS Multiplier 0.5 Trailing Stop coefficient TS Step 10 Minimum trailing step (points) Max Spread 2000 Allowed spread (points) MagicNumber 3626 EA
FREE
Advanced Order Block Breaker Scanner This Scanner is free to download but is dependent on you owning the advance order block breaker indicator. Need to purchase  the indicator here:  https://www.mql5.com/en/market/product/59127 MT5 version:  https://www.mql5.com/en/market/product/62769 The   Scanner  will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator:   advance order block breaker Scan all time frame and all symbol: breaker's smart algor
FREE
EA send order’s information in MT4 to Telegram channels Alert MT4 to Telegram by RedFox     is an easy to use fully customizable utility that allows sending of specified signals to Telegram’s chat, channel or group, making your account a  signal provider. Key Feature Telegram Channel IDs : Send to many group, channel. Ex.  -100xxxxx Add Footer Content: Add signature for content Send Pips Running: Send pips run when hit 20, 40, 80 pips Send screenshot: Send signal include screenshot Template Fil
FREE
MTF RSI Candles on Current Chart MT4 Non-repainting multi timeframe RSI candle colouring Overview MTF RSI Candles colours the candles on your chart using the RSI of a higher timeframe.   You keep working on the timeframe you normally trade. In the background the indicator watches RSI on a higher timeframe you choose. When that higher timeframe closes a candle, the RSI is read once and the colour is set: •       MTF RSI candle closed above the level – Current chart candles turn the Buy colour. •
FREE
This is the free version of the Supply&Demand + Trendline + Trend tool. This version works only with EURCHF! You find the full version here:  https://www.mql5.com/en/market/product/67274 PAAIOS stands for   Price   Action   All   In   One   Solution. And that is the purpose of the Indicator. It should give you a tool to improve your trading decisively because you get the crucial information at a glance. The indicator simplifies the search for strong signals. It shows trend lines, demand and su
FREE
Fractals Dynamic Fractals Dynamic   – is a modified free fractal indicator by Bill Williams, in which you can manually set the number of bars on the left and right, thereby building unique patterns on the chart. Now all trading strategies based on or based on the Fractals Dynamic indicator will have an additional signal. In addition, fractals can act as support and resistance levels. And in some trading strategies, show liquidity levels. For this purpose, levels were introduced in this version
FREE
Heiken Ashi Toggle – Instant Chart Mode Control for MT4 Heiken Ashi Toggle (Also spelled Heikin Ashi)  is a small utility indicator for MetaTrader 4 that provides Heiken Ashi candles — with one key upgrade: instant ON/OFF control directly from the chart . Instead of constantly adding, removing, or reloading indicators, this tool allows traders to switch between standard candlesticks and Heiken Ashi visualization with a single click. What This Indicator Does Displays classic Heiken Ashi candles 
FREE
Mirror chart
Salavat Yulamanov
4.5 (2)
The indicator, which displays two different pairs on one chart, is designed to simplify the displayed information,   Able to work with almost all instruments available in the terminal (not only currency pairs, but also metals, raw materials). Feature of using the visual correlation method for any currency pairs subsymbol. The currency pair is displayed on the screen with colored candles. This is the same correlated pair. mirroring. auxiliary currency. The indicator reflects two types of correl
FREE
TreendLines
Sajjad Karimi
5 (1)
''Trendlines'' is an Indicator, that every Trader need and shows Trendline and  Support and resistance levels in all  Timeframe's. Also In 1-hour, 4-hour and daily time frames and Current timeframes, support, and resistance levels are specified and trend lines are drawn so that the trader can see all levels on a chart.   In   Properties   it is possible to turn off unnecessary Lines.  In ' Tendency indicator '' , as full package of Predictions that every Trader need, there  is also the Predict
FREE

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Read the application overview and reviews from other customers, download it right to your terminal and test a trading robot before you buy. Only on the MetaTrader Market you can test an application absolutely free of charge.