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Free Expert Advisors and Indicators for MetaTrader 4 - 16

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.
Pivot Points MT4
KEENBASE SOFTWARE SOLUTIONS
KT Pivot Points automatically plots the daily, weekly, and monthly pivot levels on a chart with the precise calculation based on the latest data. Pivot points is a widely used indicator in technical analysis, particularly in the Forex market. Features Send alerts when the price touches the pivot level.  It offers complete customization for each kind of pivot level.   Shows daily, weekly, and monthly pivot levels without any fuss. It uses minimum CPU resources for faster calculation. Compatible
FREE
Draw Profit
Le Dang Nguyen Hoang Vu
4.71 (21)
Draw Profit indicator can efficiently help those traders who want to see on the chart all closed positions output: profit or loss.  If set DrawProfit on your chart managed by an Expert Advisor (EA) you will see clearly it’s performance by its profits & losses. My other products:  https://www.mql5.com/en/users/hoangvudb/seller Input parameters: Show Profit Labels : show profit of orders with a label (true/false). Profit Mode : available options: Show in currency. Show in pips. Show in currency a
FREE
TrendMaster EURUSD
Andrei Telegin
5 (1)
TrendMaster EUR/USD — Liquidity Hunter for Major Sessions(Demo versia) TrendMaster EUR/USD   is a high-precision trading EA specifically engineered to exploit the volatility of the EUR/USD pair. Unlike "universal" bots, this expert advisor is fine-tuned to the liquidity patterns of the London and New York session crossovers, where the real institutional moves happen. Key Strategy Features: EUR/USD Optimized:   The algorithm is hard-coded with liquidity filters specifically for the Euro's beh
FREE
Vanda FX
Sayan Vandenhout
5 (2)
Vanda FX USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 4 great strategies The EA can be run on even a $20000 acc
FREE
Set TP & SL by Price – Auto Order Modifier for MT4 Automatically set precise TP and SL price levels on any trade Set TP & SL by Price  LITE/GBPUSD is a free, limited version of Set TP & SL by Price , designed to manage Take Profit and Stop Loss levels by price rather than pips or points. This free version works exclusively on GBPUSD and gives you the full experience, at no cost. ️ Works with all pairs and EAs, filter by symbol or magic number This Expert Advisor lets you define and apply
FREE
Doji Finder
Alexander Nikolaev
The indicator searches for and displays Doji candlesticks on the chart and signals the appearance of such a candle. The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In addition to the possibility of signaling, the power of the reversal is graphically shown (the more green, the more likely growth, the more red, the price will fall). In the indicator settings, you can change the parameters of the Doji candlestick, the closu
FREE
Kaufman Efficiency Ratio (Pure Ultra-Low Latency Edition) Why is your trend-following EA losing money during market transitions? The answer is simple: Indicator Lag. Traditional filters like ADX (Average Directional Index) rely on multiple layers of price smoothing (such as Wilder's Smoothing). While smoothing reduces noise, it accumulates historical inertia. When a strong trend ends or reverses abruptly, smoothed indicators remain dangerously elevated for several bars, generating toxic false
FREE
Gold ATR Trend Trader is an automated trading system designed for XAUUSD. The EA combines trend detection, momentum confirmation, and volatility-based risk management to identify trading opportunities while maintaining controlled exposure. Gold ATR Trend Trader is an advanced Expert Advisor developed specifically for trading Gold (XAUUSD). The system integrates trend analysis, volatility measurement, and automated risk management to execute trades according to structured market conditions. The a
FREE
Adx color candles
Christophe Godart
5 (1)
This indicator is based on the ADX indicator and indicates the trend very easily. You can customize the indicator to your needs: ADXPeriod ADXSignal_Level BarWidth CandleWith HeikenAshi The    Adx color candles  indicator is fully FREE and compatible with the other part of the system; the Acc arrow >>>>  https://www.mql5.com/en/market/product/33770 ENJOY and check out my other indicator:  https://www.mql5.com/en/market/product/32111
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
Oblivion
Maksim Neimerik
4.67 (3)
Requirement for the EA use : the EA needs a low spread (recommended spread value is 2) and minimum slippage! Systems that operate based on Bollinger waves signals are considered to be among the systems with the best results and reliability. The Oblivion Expert Advisor also belongs to such systems. In addition to Bollinger waves, the Expert Advisor uses the following indicators: Stochastic and Moving Average. The EA does not use Martingale and grid systems! Recommended Expert Advisor operation t
FREE
Neon Shadow — Ready-made trading solution for working on financial markets The product is designed for "set and forget" usage. The basic STATIC mode contains a built-in strategy that starts working immediately after installation on a chart without additional settings. Suitable for any deposits. Trading is conducted in Swing style. This trading style provides rare and wide-ranging, but much more effective trades when trading in the long term. The product is ready to work with default settings. T
FREE
PipStartex is an indicator for scalping. It draws overbought/oversold price zones on the chart in the form of a channel. It also draws yellow dots on the chart when the price goes beyond the channel. When the price goes beyond this channel, it always tries to return back. Knowing this pattern, every trader can use it for trading. When the price in the oversold zone goes beyond the channel below the red zone, we open a buy deal. When the price in the overbought zone goes beyond the channel above
FREE
TimeBreakoutsReloaded
Blessing Takura Chirewa
Discover a revolutionary trading approach that capitalizes on time breakouts like never before. Our innovative strategy incorporates a sophisticated martingale system, intelligently designed to maximize gains while minimizing risk. With a built-in safety net set at a predetermined risk threshold, you can trade confidently, knowing your investments are safeguarded. Join the ranks of savvy traders who are redefining success with our time breakout strategy. Unlock your potential in the market toda
FREE
Introducing the "Guardian Angel System" - Your Ultimate Trading Protector! Unlock the full potential of your trading with the Guardian Angel System - a comprehensive and powerful Expert Advisor designed to enhance your trading experience and safeguard your investments. Let's explore the remarkable features that make the Guardian Angel System a game-changer in the world of trading: Precise Trade Execution: The Guardian Angel System incorporates a sophisticated Spread Filter, allowing you to se
FREE
Product Overview Pattern Recognition Master System is a main‑chart classic candlestick pattern auto‑recognition indicator designed for both the   MT4 and MT5   platforms. It automatically detects and labels eleven classic reversal and continuation patterns on the main chart, covering double tops and bottoms, head‑and‑shoulders tops and bottoms, hammer and hanging man, engulfing, doji, and morning and evening stars, with an independent cooldown period assigned to each pattern category to suppres
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
The art of Forex
Arthur Hatchiguian
5 (2)
The art of Forex is a new complex  Expert Advisor  that continuously trades in both directions. A series of orders will be opened to get the best average price  until the take profit is hit. It is optimal for making profits in an unpredictable market.  A loss coverage system  is integrated to allow the recovery of orders that are too distant from the current price. The best results are on  EUR/USD H1  but you can use it on any  forex pair  and  timeframe .  Live results :  https://myx.gg/mql5 S
FREE
Cross EMA with Trend Filter   is an arrow indicator that generates buy and sell signals when two exponential moving averages (EMA 9 and EMA 21) cross. The indicator features built-in trend filters (ADX or EMA slope), which significantly reduce the number of false signals in sideways (ranging) markets. The indicator displays clear arrows on the chart:   Green Up Arrow   — Buy signal   Red Down Arrow   — Sell signal Signals Buy Signal The fast EMA (9) crosses the slow EMA (21)   from below t
FREE
Constant Trader
Ciprian Ghebanoaei
1 (1)
Constant Trader DayTrader Free Constant Trader DayTrader Free is a MetaTrader 4 Expert Advisor designed for intraday trading on EURUSD-style symbols. The EA uses a rule-based RSI and Bollinger Bands reversal model, ATR-based protection, dynamic lot sizing, a spread filter, and forced day-end position management. This free version is intended for traders who want a clean, transparent day-trading EA without martingale, grid, arbitrage, news trading, or neural-network logic. Main Features Intraday
FREE
Donchian Channels Bands
Jonathan Destailleur
4.25 (4)
Price Channels are also known as Donchian Channels being named after Richard Donchian.  They use the highest and lowest price of a set number of periods to create an upper and lower channel or envelope around the price. The upper channel shows the high of the number of periods chosen. The lower channel shows the low of the number of periods chosen. For example, the screenshot shows the Price Channels using 320 periods. The upper channel in the screenshot shows the highest high of the previous 3
FREE
BB Engulfing Bar V2
Nedyalka Zhelyazkova
4.57 (7)
The indicator defines the Bullish and Bearish Engulfing Bar. The pattern has greater reliability when the open price of the engulfing candle is well above the close of the first candle, and when the close of the engulfing candle is well below the open of the first candle. For an engulfing bar to be valid it must fully engulf at least one previous bar or candle - includes all the body and the wick. The engulfing bar can engulf more than one bar as long as it completely engulfs the previous bar.
FREE
Sorsawo Magic Signal
Ilham Hijrah Saputra
Sorsawo Magic Signal Pro is an advanced technical analysis tool designed to identify high-probability entry points by combining adaptive momentum logic with smart volatility filtering. Core Features Adaptive WPR Logic : Unlike standard oscillators, Sorsawo Magic uses a dynamic calculation period that automatically adjusts based on market volatility. Volatility-Filtered Signals : The indicator analyzes price gaps and momentum surges to ensure signals are only generated when there is sufficient ma
FREE
BWMACDsignal
Muhammad Robith
5 (1)
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
FREE
MFL scalper01
Chang Ming Zhi Cang
3 (2)
FREE CAMPAIGN NOW!!! Regular price is $198. It will return to the original price soon. MFL scalper01  is a fully automated “scalping” trading system. Most positions are closed within one hour. This EA does NOT use grid, martingale, averaging down or any other risky trade management methods. BASIC Information: Currency pair EURCHF, GBPCHF Timeframe M5 Minimum deposit $50 Parameters: Variable Description  Current chart symbol  Select currency pair as same as chart.  Fixed lots size  If "Enable dy
FREE
Trex MT4
Ashkan Hazegh Nikrou
Trex – Trend Detection & Entry Signal Indicator Trex is a powerful yet simple trend-following indicator designed to help traders identify market trends and precise entry points with high clarity. Trex works based on slope analysis of Bollinger Bands and Moving Averages, combined with smart external filters to reduce bad signals as much as possible and improve overall trading accuracy. The indicator focuses on trend trading and avoids unnecessary complexity, making it suitable for both beginners
FREE
SAAD TrendTracker
Adnan Iqbal
4.03 (34)
SAAD TrendTracker is a fully automated EA. It is based on mathematical algorithms Trend Tracker indicator and SAADScalper. The EA scalps pips by its strong Entry strategy based on SAADScalper. Trades that are not successful to scalp are handled in a different way of uniquely designed algorithm based on Trend Tracker indicator. EA is designed for M1, M5, M15 and M30. It consults daily chart for successful trading accuracy. It consults H1 to handle unsuccessful trades using Trend Tracker Indicator
FREE
Galactic Imperium EA MT4
Crusader Network S.R.L.
Galactic Imperium EA An Expert Advisor that places pending orders at a user-defined entry time each day and force-closes all positions at a specified exit time, capturing intraday range breakouts while avoiding overnight exposure. How It Works Entry Scan & Orders At your chosen hour & minute, the EA measures the high/low over a configurable look-back period. It places BuyStop and SellStop orders just beyond that range. Orders are split into multiple equal lots to minimize slippage and spread i
FREE
Advanced Fisher Transform Indicator with dual-line signals, two-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 Fisher Transform? The Fisher Transform is a technical indicator that converts prices into a Gaussian normal distribution. Developed by John Ehlers, it amplifies price turni
FREE
GTAS STrend
Riviera Systems
4.5 (2)
GTAS S-Trend is a momentum indicator that helps to determine trends using combination of MACD, RSI and moving averages. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator oscillates between -65 and +65 with a neutral zone between -25 and +25 around a 0 equilibrium line. S-Trend between -25 and +25 indicates congestion zones with a bullish bias between 0 and +25, and a bearish bias between 0 and -25.
FREE
Trading Information
Cuong Le Van
4.5 (10)
This an utility indicator which displays the most important information of the current account and position (*). Displayed information: Information about the current account (Balance, Equity, Free Margin). Current spread, current drawdown (DD), planned profit, expected losses, etc. Number of open position(s), volume (LOT), profit. Today’s and yesterday’s range. Remaining time to the next candle. Last day profit information (with integrated IceFX ProfitInfo indicator). Risk-based LOT of informat
FREE
Scalper Mars
Igor Bulgakov
3.5 (4)
Scalper Mars EA uses intraday scalping strategy. The Expert Advisor uses standard indicators MACD, RSI, EMA in its trading, does not use martingale and an order grid. A stop order is placed near local extrema, if it does not exceed the maximum value specified by the MaxStopLoss parameter. The EA uses take profit equal to the stop. The Expert Advisor is influenced by news releases. Requirements Recommended for work on the M1 timeframe. It can be traded on any currency pairs, when calculating resu
FREE
EA Performance Hub (MT4) EA Performance Hub is a passive dashboard indicator that monitors the performance of every Expert Advisor running in your MT4 terminal. It automatically detects all magic numbers, reads EA names from order comments, groups multi-strategy robots, and shows core metrics in a single clean panel. This is a read-only utility . It does not trade, does not modify orders, and does not touch your positions. It only reads your account history and open trades to display statistics.
FREE
Pivot Classic, Woodie, Camarilla, Fibonacci and Demark Floor/Classic Pivot points, or simply pivots, are useful for identifying potential support/resistance levels, trading ranges, trend reversals, and market sentiment by examining an asset's high, low, and closing values. The Floor/Classic Pivot Points can be calculated as follows. Pivot Point (P) = (High + Low + Close)/3 S1 = P * 2 - High S2 = P - (High - Low) S3 = Low – 2*(High - P) R1 = P * 2 - Low R2 = P + (High - Low) R3 = High + 2*(P - L
FREE
KT Trend Magic
KEENBASE SOFTWARE SOLUTIONS
KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA/Indicators. Usage Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a dynami
FREE
RangeGridEA
Alessio Fabiani
The EA creates a grid of equally spaced pending limit orders taking into account:  - The current price; sell-limit above / buy-limit below  - The trading range; computed by using the weekly highs and lows The EA then manages the orders while they have been executed. The logic is: IF #EXECUTED ORDERS == 2   OPEN NEW LIMIT AT THE PEN. PRICE IF #EXECUTED ORDERS > TOT - 2   RESET THE LIMIT ORDERS TO RANGE  - check the video for the full strategy at:  https://youtu.be/f_ebFsGpIZQ?si=k8IBWe4qJxpz2zjJ
FREE
MASi Three Screens
Aleksey Terentev
5 (2)
MASi Three Screens is based on the trading strategy by Dr. Alexander Elder. This indicator is a collection of algorithms. Algorithms are based on the analysis of charts of several timeframes. You can apply any of the provided algorithms. List of versions of algorithms:     ThreeScreens v1.0 - A simple implementation, with analysis of the MACD line;     ThreeScreens v1.1 - A simple implementation, with analysis of the MACD histogram;     ThreeScreens v1.2 - Combines the first two algorithms in
FREE
Outside Bar MT4
Nedyalka Zhelyazkova
5 (1)
This outside bar indicator is the opposite of the inside bar. So what this MT4 outside bar indicator does is identifies outside bars for you as they form on your charts. Outside bar is a famous trading pattern in which the bar carry higher high and lower low compared with the previous bar, also known as mother bar. To trade based on Outside Bars, simply place buy stop order above the high price level of a bullish Outside Bar, and sell stop order should be placed below the low price level of a be
FREE
Star Reversal Pro
Steffen Reinhold Noll
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)
FREE
DMAs Dinapoli MT4
Jean Charles Vilhena Maia
DiNapoli DMAs (Displaced Moving Averages) The   DiNapoli DMAs   indicator brings the world-renowned Displaced Moving Averages, popularized by legendary trader Joe DiNapoli, to MetaTrader 5. Unlike conventional moving averages, the forward displacement (shift) helps filter out market noise and reduce whipsaws, allowing traders to identify trends and support/resistance levels with much higher clarity. This indicator plots the three classic DiNapoli combinations: 3x3:   3-period Simple Moving Avera
FREE
IT Moving Average Three EA
Quentin Gilbert Roger Dacheville
1 (1)
It uses three moving averages to analyze the market and generate buy and sell signals. The first and second moving averages are of the simple type with respective periods of 20 and 50. They are used to determine entry and exit points. The third moving average is of the simple type with a period of 200. It is used to indicate the trend direction based on its position relative to the price. The robot only takes signals that are consistent with the trend, allowing it to reduce the number of false
FREE
Commodity Channel Index (CCI) indicator with multi-timeframe support, customizable visual signals, and 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 CCI? Commodity Channel Index (CCI) is a versatile oscillator developed by Donald Lambert in 1980 that measures the deviation of price from its statistical average. The indicator compares the current price level t
FREE
Fibonacci SR Indicator
Martin Eshleman
5 (1)
Fibonacci SR Indicator This indicator creates support and resistance lines. This indicator is based on Fibonacci Retracement and Extension levels. It will consider many combinations of the Fibonacci levels and draw support/resistance lines based on these. This indicator uses tops and bottoms drawn by the ZigZag indicator in its calculations. The ZigZag can also be drawn on the chart, if necessary. The indicator considers many combinations of past reversal points and Fibonacci ratio levels, and w
FREE
Introducing the Consecutive Candle MT4, an innovative indicator designed to enhance your trading strategy by identifying streaks of bullish or bearish candles. This tool is perfect for traders in the forex, stocks, crypto, and commodities markets, providing clear signals and alerts to help you make informed decisions. With its ability to deliver timely alerts for trend confirmations and potential reversals, the Consecutive Candle MT4 is praised for its accuracy and ease of use. Many traders have
FREE
.................................if you need pivot point s levels............................... ............................this is a daily pivot point level creator........................... ...it is for daily pivots and show levels at times period H4 , H1 , M30 , M15 ,M 5... .................................also shows levels for 3 last days.............................. ................can use it with other indicators and see important levels...............
FREE
Wicks Trade Panel
Lee Teik Hong
4 (1)
Wicks Trade Panel  It's a Trade Panel include Order Management & Risk Management for serious trader. Especially for those traders who pay attention to important events like the CPI, NFP, and ADP. A one-of-a-kind faster technique to fix the Entry Price by simply pointing the mouse pointer at it. This is what I enjoy about it. Automatically closing 50% order size lots when setting TRUE on Breakeven Status. It's especially useful when trading on significant economic events like the CPI, NFP, and A
FREE
Lib4 EAPadPRO for MT4
Vladislav Andruschenko
5 (2)
EAPADPRO Library for MetaTrader 4 is a free professional interface library that allows you to add a modern information panel to your Expert Advisor. This library is designed for MQL4 developers who want to make their Expert Advisors look more complete, more informative and more professional directly on the MetaTrader chart. A trading algorithm is important, but the first impression also matters. A clean visual panel helps users understand what the Expert Advisor is doing, what settings are activ
FREE
Wa Candle Timer MT4
Wachinou Lionnel Pyrrhus Sovi Guidi
5 (1)
Wa Candle Timer MT4 Wa Candle Timer MT4 is a powerful and user-friendly indicator designed to display the remaining time until the next candle forms on your MT4 chart. This tool helps traders stay aware of candle closure times, allowing for better trade execution and decision-making. Key Features : Displays the countdown timer for the current candle. Changes color when the remaining time falls below a user-defined percentage. New in v3.00: Customizable alert when the timer reaches a sp
FREE
PZ Multi TDI
PZ TRADING SLU
4.8 (10)
All-in-one trading powerhouse: trend, reversal, and exhaustion detection This indicator is a personal implementation of the famous Traders Dynamic Index, which uses RSI, moving averages and volatility bands to find trends, reversals and price exhaustions. However, this particular implementation supports not only RSI, but many others. It is suitable for scalping, day trading, and swing trading and aims to provide a full picture of the current market conditions. [ Installation Guide | Update Guid
FREE
PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE  https://www.mql5.com/en/market/product/51637  AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS. A. This pivot indicator shows the days Pivot Price. Yellow line is pivot point. Blue line is resistance and red line is support. B. It also shows Resistance  R0.5, R1, R1.5, R2, R2.5, and R3 C.It also shows support S0.5, S1, S1.5, S2, S2.5, and S3 INPUT: Under input you will see 3 Variables 1.ExtFomula. Here you can set your preferred exit at a
FREE
Drawdown Close
MARC ALBRECHT SCHMID
5 (2)
This is a trade management EA that will close all your Open Orders (or both Open and Pending Orders) when your drawdown against balance exceeds a set percentage limit. E.g. Balance = $10,000 and “DrawdownPercent” is set at 2.0, if floating P&L is greater than -$200.00, all Orders will be closed. It will send a notification to you MT4 app on your phone ( ”Drawdown Percent Close triggered!”) A text display is included for some visual feedback. Basic notes: It only needs to be attached to one char
FREE
TILLSON MOVING AVERAGE Also known as TMA or T3 indicator. It is a moving average that uses EMA and DEMA in its formula and is calculated with the 3rd degree Binomial expansion. Pros; 1-       erroneous signals encountered in other moving averages ( continuous zig zag ) has been reduced as much as possible. 2-       prevented the delays seen in classical moving averages . 3-       Very successful in trends Cons 1-       It is not effective in horizontal markets. Setting parameters; period ; Altho
FREE
Forex overbought / oversold entry indicator is based on a very powerfull strategy which give very accurate entry arrows. The indicator place arrows on "new candle" and does NOT repaint! This indicator is a MUST HAVE if you trade with a reversal strategy. This indicator can easely be combined with your other trading indicators to confirm reversals or bottoms. If you have ever had any trouble finding correct entries this indicator is the best available for you! Standard overbought and oversold str
FREE
Candle Color Day - Colored Candlestick Indicator by Day of the Week What is it? A simple visual tool that colors candlesticks on a chart depending on the day of the week. Monday is one color, Tuesday is another, and so on. Have you ever wondered how often prices behave a certain way on specific days of the week? This indicator helps you see such patterns. Who is it for? For traders who: Want to quickly determine the day of the week using historical data Look for seasonal patterns in price a
FREE
Master the Markets with Auto Trading Sessions V1.8E Stop guessing when to enter the market and start trading with institutional precision. The Auto Trading Sessions V1.8E | Global Market Hub is an all-in-one technical powerhouse designed to turn price action into actionable intelligence across Forex, Crypto, and Stocks. Why Traders Choose V1.8E: Global Session Mapping: Automatically visualizes the Asia, London, and New York sessions with clear, color-coded zones, allowing you to capitalize on se
FREE
Volume indicator with multi-timeframe support, customizable visual signals, and 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 Volume? Volume is one of the most fundamental indicators in technical analysis. It represents the total number of contracts, shares, or lots traded during a given bar or time period. In MetaTrader, tick volume is used by default — coun
FREE
BollMTFzzz
Guo Sheng Zhao
Bollinger Bands MTF projects Bollinger Bands from multiple timeframes onto the current MT4 chart. It helps traders review volatility boundaries, trend direction, and nearby price confluence across several timeframes from a single workspace. Key features: - Supports M1, M5, M15, M30, H1, and D1 Bollinger Bands. - Independently displays middle, upper, and lower bands, with an option to show only timeframes above the current chart period. - Evaluates middle-band slope and highlights the active t
FREE
Engulfing Candle Scanner
Ibrahim Olalekan Ganiu
This is an indicator that helps you to scan the whole timeframe then informs you about the last candle position Engulfing Candlestick pattern was formed. The indicator also send alert to your mobile when a new engulfing candle is formed.  For the visual; 1. Green up arrow indicates a bullish engulfing candlestick pattern  2. Red down arrow indicates a bearish engulfing candlestick pattern
FREE
Voorloper MT4
Pradana Novan Rianto
4.5 (18)
Voorloper Expert Advisor: Revolutionizing Trading with DDR System Introducing Voorloper, an innovative Expert Advisor that blends Moving Average (MA) and Relative Strength Index (RSI) indicators to redefine your trading experience. Voorloper stands out from the crowd with its unique feature: the Drawdown Reduction (DDR) System. Key Features: MA and RSI Integration:   Voorloper utilizes a powerful combination of Moving Average and Relative Strength Index indicators to identify optimal entry and
FREE
Perseus
Vojtech Svobodnik
4.33 (3)
Perseus is a free Expert Advisor for GBPJPY . It based on MACD   and   Bollinger Bands . It has been tested for 10 years of history (from year 2011). Tested by Monte Carlo with 200 simulations too. All trades are cover by StopLoss .  Doesn't use Martingale or other dangerous startegies. Perseus  using fixed lot size, which you can set in settings. Perseus settings are optimized for the best results . There is no need to change it. Recommendations Symbol: GBPJPY Timeframe: H1 Deposit: 300 USD Br
FREE
LINK :  https://linktr.ee/ARFXTools ; BBMA + SMC TRADING FLOW (Smart & Simple) 1. IDENTIFY THE MAIN TREND (Multi Time Frame) Use indicators: BBMA MTF PANEL (check trend direction on MN, W1, D1, H4) Only trade when D1 and H4 are in the same direction Example : If D1 = Buy and H4 = Buy → Focus on Reentry Buy only 2. WAIT FOR CSA + CSM (Valid Entry Setup) CSA Buy : Candle closes outside lower Bollinger Band + MA5 low > MA10 low CSM Buy : Candle re-enters BB + MA5 low crosses above MA10
FREE
Sniper Trend Fusion
Ilham Hijrah Saputra
5 (1)
Sniper Trend Fusion This indicator is a powerful all-in-one trading tool designed to simplify chart analysis and improve decision-making. It combines multiple proven techniques into a single system, helping traders identify trend direction, volatility, key price levels, and market structure without clutter. Instead of switching between multiple indicators, everything you need is integrated into one smooth and efficient interface. Key Advantages All-in-One System Combines trend, volatility, sup
FREE
Enhance your trading precision with the   WH  Trading Sessions MT4   indicator for MetaTrader 4! This powerful tool helps you visualize and manage key market sessions effortlessly. Based on : WH SMC Indicator MT4 MT5 Version :  WH Trading Sessions MT5 Key Features: Interactive GUI Panel   – Easily select and toggle between   Asia, London, and New York   trading sessions. Customizable Alerts & Settings   – Tailor the indicator to your strategy with an intuitive   Options Tab . Fast & Respons
FREE
Period Cross RSI
Davit Beridze
5 (6)
Check my p a id tools they   work  perfect! "Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as w
FREE
Key Levels and Zones
Rider Capital Group
4.5 (6)
Key Levels + Zones Indicator cleanly displays even numbered price levels: “00s” and “50s” .  Additionally, you can display “Mid-Lines” which are preset distance levels   on both sides of the even numbered price levels (set to 12.5 pips by default).  This 25-pip zone that straddles each even numbered price relates to where many traders place their stops and therefore can be a risk “Zone” to steer clear of when placing your stops.  The zone also acts as support and resistance. Indicator  p rovide
FREE
Big Trend Catcher MT4
Aleksandr Davydov
4 (1)
Expert description The Expert Advisor's trading system is based on entry and exit at a certain deviation of the asset price from the moving average value. The Expert Advisor has a number of parameters, by manipulating which you can implement different trading systems and also get different results when trading on different assets, keep this in mind when setting up an Expert Advisor and do not use standard settings on all instruments and time frames. Recommendations for use The EA working time
FREE
TG Macd 2 Line MT4
Daciana Elena Chirica
The MACD 2 Line Indicator is a powerful, upgraded version of the classic Moving Average Convergence Divergence (MACD) indicator. This tool is the embodiment of versatility and functionality, capable of delivering comprehensive market insights to both beginner and advanced traders. The MACD 2 Line Indicator for MQL4 offers a dynamic perspective of market momentum and direction, through clear, visually compelling charts and real-time analysis. Metatrader5 Version |  How-to Install Product | How-to
FREE
Candles Power
Alexander Nikolaev
4.5 (2)
This adviser analyzes the candles, determines their strength and volume. It trades when there is a high probability of continuing a trend that has formed a little earlier (based on several candles, the number of which is adjustable). Has the ability to use several methods for analyzing the strength of movement by candlelight. Many options are customizable. Input parameters Lots  - lot size; MinProfitForAutoClose - automatic closing of a transaction upon a return signal when the profit in points
FREE
Ind4 Market Time Pad
Vladislav Andruschenko
4.3 (10)
The indicator that displays current time at the main markets of the world. It also displays the current session. Very easy to use. It doesn't occupy much space on a chart. It can be used together with Expert Advisors and other panels, such as VirtualTradePad . The version with analog clock displaying on the chart. Dear friends and users of our EAs, please add your ratings in the  Reviews  section. All updates to our forex software are  free ! This is a free trading utility! Other Features: Ther
FREE
MetaTimer
Luis Alberto Atuncar Sanchez
5 (1)
The " Countdown Candle Timer " indicator is a visual tool for the MetaTrader 4 platform that displays an accurate countdown of the time remaining until the next candle on the chart. It provides real-time information about the remaining duration of the current candle, allowing traders to track time precisely and optimize their trading decision-making. The indicator can be customized in terms of color, font size, and position on the chart, providing flexibility and convenience to the user. You can
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