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Free Expert Advisors and Indicators for MetaTrader 4 - 32

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.
Modern Zone SR Pro — The Ultimate MTF Level Analytics Terminal Stop trading blind! Most support and resistance indicators clutter your chart with useless lines.   Modern Zone SR Pro   uses a smart filtration engine to show you only the levels that actually matter right now. Why Modern Zone SR Pro? Smart MTF Engine:   Display powerful levels from H4 or Daily timeframes while trading on M15. Stay aligned with the "big boys." Power Analytics:   The indicator calculates the "Strength" of each zone
FREE
MASi Wave
Aleksey Terentev
4.63 (8)
This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d
FREE
Grid Trading Brasil
Vladimir Aleksei Mendonca Carvalho
4 (2)
This is the technical document for GTB (Grid Trader Brazil) for the Market version. It details the strategic operation and the complete dictionary of available parameters. DEFAULT SET.set  - DEFAULT ENGLISH SET! ️ IMPORTANT: DEFAULT SETTINGS   The default settings of this EA are calibrated to be   Ultra-Conservative   (Low Frequency) to strictly comply with MQL5 Market Validation rules.   For Real Trading Results:   You MUST load a valid   .set   file.   Check the Comments Section   for the
FREE
OlimpATR
Vladimir Zotov
This indicator allows you to find out how much the price can pass on the current bar. It looks for the average ATR value for the previous 5 bars and draws 2 price boundaries. You can use it on any timeframe of any instrument.  Based on this indicator, you can set stop loss and profit levels, as well as use it in other good strategies. Do not forget to use risk management while trading!
FREE
Basket Stage Profit EA MT4
Juvenille Emperor Limited
Basket Stage Profit EA ΜΤ4  is the most advanced way to deal with a bunch of open orders in 3 different stages (time periods) of basket profit and finally to close them all at any profit or loss at the desired end time. Product Installation     |     Basket Stage Profit EA MT4 Settings/Inputs Guide     |      Update of a Purchased Product Features Martingale, Grid, Averaging or other dangerous techniques are not used Basket Take Profit in account's currency for all open positions combined, in
FREE
ICustom Indicator Tester
Piotr Latoszynski
5 (3)
iCUSTOM INDICATOR TESTER is a tool for CODERS but not only. It is a programme designed for testing and checking custom indicators even if or especially if you have no source code as .mq4 file but only a compiled .ex4 file. TRADERS may test an indicator and see if their idea connects with indicator data - if the idea is really calculated and if it is possible to create an EA based on this particular indicator. It can save time of both - developers and traders. Please type in the name of the indic
FREE
Ind Max Min Lot
Yurij Batura
5 (1)
The indicator shows the maximum and minimum number of lots, as well as the size of the symbol spread. This information is needed to make a quick market entry decision based on the deposit maximum. The calculation considers free funds and funds sufficient for opening one lot. Such situations are common when you participate in various forex contests or trade in the market using your funds to the maximum, as well as during periods of increased or decreased volatility. The indicator provides the nec
FREE
Account Info AS Ьis a powerful information script for MetaTrader 4 that displays complete information about your trading account directly on the chart. The script provides all the necessary data for account analysis, risk management, and trading decision making. Main Features Complete Financial Information Account Type (Demo/Real/Contest) Balance, Equity, and Margin Free Margin in Cash and Percentage Margin Level Current Profit/Loss Risk Management Margin Call and Stop Out Levels Margin
FREE
Sniper Laos 01
Loungvilat Seehalat
How This EA Works: 1.  Detect Support and Resistance The EA identifies: Resistance   as the recent highest price (based on the last X candles) Support   as the recent lowest price 2.  Buy Signal (Bullish Breakout) If price   breaks above the resistance , the EA assumes a bullish trend is starting. The EA may enter a   Buy   trade either immediately or after a candle   closes above resistance   to confirm the breakout. 3.  Sell Signal (Bearish Breakout) If price   breaks below the support , it s
FREE
No Nonsense ATR
HYPANTHIUM, LDA
4.3 (20)
Overview No Nonsense ATR is a tool designed to help the No Nonsense Forex Traders backtest strategies and trading in real time. The indicator calculates the value of the Stop Loss and the Take Profit (SL/TP) based on the ATR (Average True Range) allowing to verify the historical data in a simple and practical way, showing not only the SL/TP values but also the place where they would be and if it was a gain or loss. The No Nonsense ATR also calculates the trading volume required for each trade a
FREE
TMA_KC PRT is non-redrawn channel indicator and can be used to identify trend and support and resistance levels. Indicator settings allow you to assign a specific coefficient to each price channel, which makes it possible to narrow or expand each channel separately. The TMA_KC PRT indicator is a multicurrency instrument, so the choice of a timeframe depends solely on the trader’s preference.   TMA_KC PRT   indicator can be used on any time frame, so you can easily make the indicator an integra
FREE
Scalping Guru
Pran Gobinda Basak
Scalping Guru is a highly efficient expert advisor designed specifically for traders in the North American market on the MQL5 website. This EA is optimized for fast-paced, high-frequency trading strategies, making it an ideal tool for traders looking to capitalize on short-term market movements. With its advanced algorithms, Scalping Guru can quickly analyze market conditions and execute trades with lightning-fast speed and precision. This expert advisor is designed to work with a variety of t
FREE
T3 Cloud MA
Ridwan Kureemun
Trend indicator derived from T3 moving averages. The cloud is bounded by a fast T3 and slow T3 lines. Buying/Selling opportunities above/below cloud. The fast and slow T3 MA lines can also be used as dynamic support/resistance for more aggressive entries. Use default values for best settings. The number of look back bars is user defined. This indicator can be used in combination with other strategies such as price action. Suitable for all time frames. Prerequisites:  T3IndiSlow and T3IndiFast in
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EMA Separation Coefficient reflects the separation between short-term and long-term exponential moving average trend resistance, as well as the direction of the current movement. Pay attention to potential crossover points when the coefficient approaches zero, this may indicate an upcoming breakout or reversal. Wait for confirmation of the trend before entering the trade, and exit when the coefficient forms a max (for calls) or a min (for puts). This is a small tool to help visualize the differe
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ForexFanclub(FFC) : For detailed instructions and our official website, please visit   my profile ! InteractiveMA: Real-Time Moving Average Control Stop wasting time opening settings dialogs just to tweak your Moving Average.   InteractiveMA   puts complete control of your trend analysis directly at your fingertips, allowing you to cycle through MA types and periods instantly on the chart. Whether you are a scalper needing rapid adjustments or a long-term trader refining your entry, this tool ma
FREE
TimerEA
Nikolaos Pantzos
4.67 (3)
It's an expert to open and close orders on specific day and time. Expert open and close orders only with the same symbol it attached. Can set time open and close orders based day of year or day of week. Expert can send market orders and pending (stop or limit). Each order can placed with take profit and stop loss. There is option to use trailing stop loss and break even. Expert can manage only own orders or all orders of account. Information about the expert's parameters can find on the blog .
FREE
Fibo Signal
Mohammad Reza Aghaei
2 (2)
This powerful tool helps you to easily access Fibonacci tools at different times and in different markets. This tool has the ability to send signals based on Fibonacci as well as setting alarms to be aware of broken Fibonacci levels. Among the capabilities of this tool are the following: Identifies market trends Fibonacci auto design If Fibonacci levels are broken, it sends a message Send Fibonacci signal Manuals: After selecting the target market, run the tool In the input settings according
FREE
Bar Timer Lite
DENIS SITDIKOV
5 (3)
The indicator informs when the current bar closes and a new bar opens. TIME is an important element of trading systems. BarTimerPro indicator helps you CONTROL THE TIME . Easy to use: place on the chart and set “alarms” if it necessary. In the tester, the indicator does not work. Key Features Shows the time elapsed since the opening of the current bar Indicator Updates Every Second  Setting the appearance (31-36) and the location (21-24) of the indicator, changing all texts (41-50). 4 types of “
FREE
RMI Scalper EA MT4
Robots4Forex Ltd
3 (2)
The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please not
FREE
SandwichSR
Jay Benedict Alfaras
GENERAL DESCRIPTION Simple SR Projection based on selected instrument's historical data. Best used in conjunction with current market sentiment, and fundamental analysis. Currently limited to selected pairs due to of historical data to project accurate levels. Generally, for support and resistance, 2 levels are drawn, respectively. The inner levels (R1,S1) project the highs and lows during the opening stages of selected time frame. The outer levels, represent the targets to reach during the clo
FREE
Easy backtest 2 pro
Jacek Pawel Bialek
Easy Backtest 2 Pro Easy Backtest 2 Pro   is a great FREE alternative testing software!. You can    test your new strategy in   Strategy Tester   in your   MT4 , using all available historical data. Beyond the basic functions such as: BUY, SELL PENDING ORDERS STOP LOSE, TAKE PROFIT AUTO RISK MANAGMANT AUTO LOT SIZE  You can modify  each of them at any time, exactly like in live trading. Advanced features PRO such as: PREVIOUS DAY'S HIGH/LOW PIVOT POINTS FIBONACCI AUTO TRAILLING STOP AUTO BRE
FREE
Prime Power is a professional analytical tool for MetaTrader 4 designed to identify the real-time strength and weakness of 8 major currencies. Unlike traditional indicators that analyze a single pair, this system monitors the entire Forex market simultaneously, revealing powerful trends and high-probability reversal points through the mathematical comparison of relative capital flows. Core Features & User Instructions 1. Smart Interactive Dashboard The central control hub that automatically sort
FREE
Eurusd Auto Trading Bot
Gabriel Beaird
4 (2)
Fully Automated And ready just follow the instructions below to see it work right. Enjoy!  MINIMUM ACCOUNT SIZE - $500 RECCOMENDED ACCOUNT SIZE - $1000 For EurUSD Trade On 15M Candle For IG broker  Another broker it works on is OANDA but I run mine on IG Comes ready as is all you need to do is make sure the above is correct and then run it on EUR USD (15M) Goes off of equity in the account I have worked on this EA on and off and now I think it has enough data and backtesting to give to you al
FREE
Drawdown Alert
Sakda Prempreenon
4.5 (2)
Drawdown Alerts Free ! Meta Trader 4 Indicator. Please leave a review about this product to help other users benefit from it. This Drawdown Alerts indicator shows the drawdown percentage in real time and alerts you when the limit you specify is reached. Calculation of drawdown depends on the amount of the trade balance. ! New version upgraded ::  + Drag & Drop  + Symbol  + TF  + Alert On Off Button  You can customize Drawdown Alerts for Corner - Left , Right , Up , Down X Y Color Number of deci
FREE
MultiTP Trade Manager EA — Advanced Trade Management Made Effortless (MT4) Limited Offer – First 100 Downloads FREE! Be among the first 100 traders to download Trade Anchor Manager (MT4/MT5) completely free of charge. Hurry – once the limit is reached, the offer closes instantly! After trying it out, we’d love if you could leave a review and share your thoughts – your feedback helps us improve and lets other traders know what to expect. Need this Trade Anchor Manager for MT5?  http
FREE
Cyber Engulf Indicator - Professional Trading System for MetaTrader 4 What is the Indicator? Cyber Engulf is an advanced technical analysis indicator that detects engulfing patterns filtered by moving average. It identifies trend reversal points, helping you spot changes in market structure early. What Does It Do? Automatically identifies engulfing candlestick patterns Filters out false signals using moving average Displays buy and sell signals with blue/up and red/down arrows Works across mult
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Mr Fibo EA
Nikolay Shabanov
Мультивалютный советник использует в торговле четыре индикатора, фильтрация ложных сигналов можно выбрать по каждому из индикаторов. Mr Fibo EA - торговая стратегия на основе торговли от уровней. На каждом ретрейсменте предусмотрено построение двух типов расширений и проекций, двух типов временных проекций, а также встроен стрелочный индикатор каналов Дончиана и три индикатора для фильтрации ложных сигналов. Перестроение ретрейсмента осуществляется при пробитии максимума или минимума, а также ур
FREE
GT Mini Charts Panel
Nnamdi Kennedy Ifeorah
GT MiniCharts Panel for MT4 — Ultimate Multi-Timeframe Precision at Your Fingertips!   Supercharge your technical analysis and market execution with the   GT MiniCharts Panel   — an ultra-slick, high-performance canvas tool built for traders who demand absolute clarity across every timeframe!      Why Traders Love It: Instant Multi-Timeframe Alignment : Track price action simultaneously from M1 to Monthly on a single clean, high-resolution canvas panel. Ultra-Smooth Drag & Drop : Drag th
FREE
Aurora Momentum Explosion (AME) Is a clean momentum indicator for any instrument and timeframe. It shows, in a sub-window, how strongly price is being pushed in a direction and whether that push is expanding or fading: Trend-power histogram — green for up-momentum, red for down-momentum Explosion line — momentum expanding beyond volatility signals real drive Dead-zone threshold — filters out weak, going-nowhere momentum Works on any symbol and timeframe (built with defaults suited to
FREE
DeMarker 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 DeMarker? The DeMarker indicator was developed by Tom DeMark to identify exhaustion points in price movement by comparing recent intrabar highs and lows to the previous bar's range. It accumulates these deviations over a period and n
FREE
HZZ
Nikolay Likhovid
3.5 (2)
This is a very fast and not redrawing ZiGZag; it supports switching the segments at breakouts of price levels located at a specified distance (H parameter) from the current extremum. MinBars parameter sets the depth of history for drawing the indicator; 0 means drawing on the entire history. SaveData parameter allows writing the coordinates of extremums to a file (time in the datatime format and price). Some statistics calculated on the basis of the ZigZag is displayed in the form of comments.
FREE
Support & Resistance Screener – FREE Indicator for MetaTrader Get multiple professional trading tools combined into one powerful all-in-one indicator — completely FREE! Instead of using several indicators separately, this screener helps you analyze market structure, identify important support and resistance zones, monitor pullbacks, and receive alerts directly from one dashboard. Included Tools Market Structure Screener Bullish Pullback Zones Bearish Pullback Zones Daily Pivot Poin
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Williams Monitor
Jeffrey Lloyd Lauzon
MTF Williams %R Matrix (Free Advanced Multi-Timeframe Dashboard) The Multi-Timeframe Williams %R Matrix is an institutional-grade technical scanner designed to evaluate momentum extremes and key boundary dynamics across four execution timeframes simultaneously[cite: 5, 6]. By monitoring the M15, H1, H4, and D1 intervals concurrently, this utility completely eliminates multi-chart cluttering and gives traders an instant executive matrix of price relative to recent high-low ranges on a single win
FREE
CCI Trend Monitor
Jeffrey Lloyd Lauzon
MTF Commodity Channel Index (CCI) Matrix (Free Advanced Trend Scanner Dashboard) The Multi-Timeframe Commodity Channel Index (CCI) Matrix is an institutional-grade technical scanner designed to evaluate cyclical trend momentum and structural threshold breakouts across 4 distinct execution timeframes simultaneously[cite: 18, 19]. By monitoring the M15, H1, H4, and D1 intervals concurrently[cite: 18, 19], this utility completely eliminates multi-chart cluttering and gives traders an instant execu
FREE
RSI Monitors
Jeffrey Lloyd Lauzon
MTF Relative Strength Index (RSI) Matrix (Free Advanced Momentum Dashboard) The Multi-Timeframe Relative Strength Index (RSI) Matrix is an institutional-grade technical scanner designed to evaluate momentum and overbought/oversold conditions across 4 distinct execution timeframes simultaneously[cite: 5, 6]. By monitoring the M15, H1, H4, and D1 intervals concurrently[cite: 5, 6], this utility completely eliminates multi-chart cluttering and gives traders an instant executive matrix of momentum
FREE
CMO Monitor
Jeffrey Lloyd Lauzon
MTF Chande Momentum Matrix (Free Advanced Momentum Dashboard) The Multi-Timeframe Chande Momentum Matrix is an institutional-grade technical scanner designed to isolate raw market momentum and structural exhaustion across multiple execution cycles simultaneously. By monitoring the M15, H1, H4, and D1 intervals concurrently, this utility completely eliminates multi-chart cluttering and gives traders an instant executive matrix of trend structural health on a single window. Unlike common smoothe
FREE
Adom Super
Taha Saber Ashour Kamel
New super Adom amazing mt4 trading rich Ea. full of so many parameters to enhance trading experience and make trading so easy it is supported by so many options on strategies , risk management Winrate and drawdown control also sessions and many options on trading timing and lot seize it consist of many sections in parameters and nice analysis through visual settings
FREE
AK Edge Scalping Indicator
Ahmad Ar Abedalaziz Alazaizeh
This automated AK Edge Scalping Indicator can be employed to oversee trades and identify optimal entry points for all time frames and both buying and selling when the price starts trending upwards or downwards. It is designed to recognize zones for Sell/Buy trades by utilizing the Moving Average and the MACD. Additionally, it incorporates the Average True Value to fine-tune the Stop Loss and the Take Profit. It can be effectively used in conjunction with other strategies to facilitate prompt en
FREE
Check the Trend Power This indicator is designed to identify the POWER of trend. This is NOT define bullish or bearish trend. It is quite easy to look at the power when the indicator line turns Green the trend are strong when the indicator line turns Red the trend are Weak   strategy for trade is : Open possition only when the power go Green Exit possition when the power change to Red
FREE
This is a simplified version of Advanced Trade Simulator for trying it out. You can trade NZDCHF. With the full version, you can trade anything and no time limit. You can find it here: https://www.mql5.com/en/market/product/61670 Description... It is an indicator you can attach to any chart and then buy and sell the given symbol virtually. No actual trading takes place.  You can attach it to multiple charts. Then you can buy/sell multiple symbols. Features: - buy and sell immediately on the give
FREE
Welcome to... EA MAX Robot Symbol Takeprofit It is a machine for facilitating profit collection. And close the order in one click It can also be set to automatically collect the desired amount of profit. Can only be used in one currency pair Cannot be used on multiple currency pairs in one currency window. If you are looking for a tool based on this feature Bring this tool to use.
FREE
AngDistPer
Vasiliy Anokhin
The oscillator indicator " AngDistPer " is one of a series of three calculators of the angular deviation of the price chart of a trading instrument. INPUT PARAMETER: DRAWs =128 - Number of bars to display the indicator in the chart history; DistPER =14 - calculation period of the indicator in the number of bars. The values of the indicator indicators are degrees . The presence of a Strong price Movement begins with a value of +-45 degrees, and can not exceed +-90 degrees. A Good Trading Rese
FREE
RaysFX Market Trend Histogram Il RaysFX Market Trend Histogram è un indicatore personalizzato per la piattaforma di trading MetaTrader 4. Utilizza il Commodity Channel Index (CCI) per identificare le tendenze del mercato e visualizza queste informazioni in un istogramma intuitivo. Caratteristiche principali: Identificazione delle tendenze: L’indicatore calcola il CCI per ogni periodo di tempo e lo utilizza per determinare se il mercato è in una tendenza al rialzo o al ribasso. Visualizzazione in
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Key Price Levels
Wafa Mohammed Omar Abou Alwafa
Key Price Levels Indicator Indicator that shows the highs and lows for the significant price levels for past periods that could be potentially considered as reaction levels. The indicator displays the following price levels: Yesterday high and low The day before yesterday high and low Two days back high and low Last week high and low Last month high and low Last three month high and low (Quarter) Last year high and low
FREE
Trend Magicc
Muhammad Hassaan
*This is tradingview indicator converted to mql5* The Trend Magic Indicator is a popular technical analysis tool used to identify the direction of a market trend and potential trend reversals. It is a versatile indicator that can be applied to various financial instruments and timeframes. The Trend Magic Indicator consists of a combination of moving averages and a volatility-based filter. It aims to smooth out price fluctuations and provide a clearer visualization of the underlying trend. Here
FREE
Awesome Pivot Indicator
Komang Putra Riswanjaya
The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity
FREE
MQLTA Auto Close
MQL4 Trading Automation
5 (4)
Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. Free version with limited features can be found https://www.mql5.com/en/market/product/29179 How does it work Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk management parameters is met you can be not
FREE
RoundNumber
Mohamad Zulhairi Baba
3.5 (2)
RoundNumbers indicator is a simple and powerful psychological price levels. Trader usually use these levels as a Support and Resistance (SnR). Indicator Input: Levels - Numbers of levels drawn on chart. Default 30 levels. BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels. ZoneSize - Distance between each levels, default value 10pips (100point). Style & Colours - User inputs customization. For MT5 version, please re
FREE
This indicator shows the strength of each currency compared to the US dollar by calculating the rate of change in price over a specified time period. When you open the indicator, you'll see a list of different currencies on the price chart. Each currency will have a numerical value indicating its strength level compared to the US dollar, where: If the value is higher than the US dollar, it will be displayed in green, meaning that currency is stronger than the dollar. If the value is lower than
FREE
Predetermination
Abraham Correa
5 (1)
Predetermination is an exit manager for trades you open yourself. It does not open positions and it does not send signals. After a manual buy or sell, it gives that trade a stop and up to six exit stages based on volatility. Three stages come from Average True Range, each with its own timeframe. Three come from completed range: daily (ADR), weekly (AWR), and monthly (AMR). Each stage can be switched on or off. Enabled stages are sorted by distance. Nearer stages trail the stop. The
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Spread Monitoring
Evgeny Belyaev
5 (1)
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.
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Fibonacci Levels Alert
Biswarup Banerjee
5 (2)
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
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The   UZFX - Delete Only Pending Orders   script for MetaTrader 4 (MT4) is a simple yet effective tool that automatically removes all   pending orders   (Buy Limit, Sell Limit, Buy Stop, Sell Stop) from the trading account. This script is ideal for traders who want to clear their pending orders instantly without affecting active market positions. If you are Looking Best indicators in Mql5 Market. Check these out! SSS Scalping Smart Signals MT5 Indicator Scalping Winning Signals Pro SWS LTL L
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The TPSpro Risk Manager Panel   is a convenient tool for those who want to stay informed about their current account status. This panel is part of our Risk Management system and is integrated into our more powerful   TPSpro Risk Manager   product. The panel has three columns, each containing useful information. The first column displays account information as of the beginning of the current month, showing the overall result as a percentage and deposit currency. The second column displays the da
FREE
Zig Zag Repainting Tracker
Sunderalingam A/l Vellasamy
This indicator highlights the exact points on the chart where the built-in ZigZag indicator repainted its peaks or troughs. Grey-colored arrows are plotted to show where a previously confirmed high or low was later shifted — a behavior known as repainting . Why it’s important: Repainting can mislead traders by altering historical signals, giving a false impression of past accuracy. This tool helps traders visually track and understand when and where ZigZag repaints , improving strategy evaluati
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The “ Ticks Overcome Signal ” indicator, as outlined in your provided code, is a custom tool designed for use with MetaTrader 4 (MT4), a popular platform for Forex trading. This indicator seems to focus on tracking the momentum and direction of price movements by counting consecutive up and down ticks. Here’s an overview of the psychological aspects, logic benefits, and usage instructions for this indicator on MT4: Decision Support : Traders often face psychological challenges in decision-making
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Simple ATR StopLoss
Darius Hans Lischka
Simple ATR Stop Loss : Your market volatility compass that helps you navigate the treacherous waters of trading , setting smarter Stop Losses and making you look like a trading ninja  (cape not included). Attention all trading aficionados and market mavens! Behold, the Simple ATR Stop Loss indicator – your new best friend in the wild world of trading.   It's simpler than a two-piece puzzle but mightier than a caffeinated bull in a china shop. The ATR Trading Cheat Sheet (or
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Instant Slack notifications. Set price levels directly on the chart and receive a message when the price crosses them. Adding a level takes just one click. You can drag the line with your mouse to precisely set the desired price level. Convenient control panel: all active alerts are displayed in a list levels can be edited by dragging the line unnecessary alerts can be deleted with one click or cleared all at once using "Clear All Alerts" alerts are automatically removed after being triggered o
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The TMA Centered Bands indicator for MT4 draws bands on the chart and reports the overall price trend, as well as gives arrows signals to buy and sell when the bar closes outside the channel. Unlike many TMAs, our version uses the calculation part of the algorithm without redrawing, and also adds the ability to select a symbol. The bands are made up of moving averages, and each of them has an MA period. The name TMA comes from triangular moving averages, as the indicator draws triangular bands
FREE
MarSeFREE
Roman Gergert
4.21 (33)
It is based on Surfing strategy. USES MARTINGALE. The EA catches the moments when the previous candle crosses the moving average indicator and eliminates the false breakouts using the RSI+MA indicator, and at the same time analyzes the trend direction. The EA trades pending orders, which also allows to avoid false movements. If the pending order was not triggered and the chart reversed, then the EA deletes the pending order. If the pending order was not triggered and the chart reversed, then the
FREE
The C ycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar. Input - length = 10 default We add these values together going back the the length setting. If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3 There are 2 ways to trade Close Strength Value: 1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows.  2. Trade when the
FREE
Surf EA
Rustem Gabetdinov
5 (1)
Surf EA is a fully automatic grid based Expert Advisor that looks for reversal areas on the chart MT5 version:   https://www.mql5.com/ru/market/product/99693 Nature of work: The EA uses several patterns, indicators and other important conditions to search for signals Buy and sell positions are independent of each other Only one order can be opened on one bar of the current period The indicators used in the EA are included in the standard set of the terminal Recommendations: Trading pair: AUDCAD
FREE
A "simple design" trading panel, which is characterized by small byte size, low CPU usage, simple steps, and quick operation, 1 to 2 clicks to complete a functional operation, saving time and increasing efficiency . The panel is easy to use, and it is not complicated to set parameters, which is in line with traders' habits. At the same time, its compact- design, clear at a glance, and comprehensive functions are a powerful tool for manual trading! Key features of the panel:   Click "Bid Price"
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TRADING PANEL - CHART OVERLAY with:   PARTIAL TAKE PROFIT  ("virtual TP")   % RISK LOT SIZE  TRAILING STOP LOSS  Fast and simple control of your trades this is DEM0 VERISON (for DEM0 acc.)   of    TRADING OVERLAY with PARTIAL take profit    ("virtual TP")   and % risk lot size   --- full version available   on my 'seller page' as well as version for MT5 Easy lot size calculation with easy SL/TP setting. Your trading will be much more comfortable with this tool ! Works like any EA, add it
FREE
CrossMA With SLTP
Erwin Rustandi
3.25 (4)
Expert Advisor of Cross two moving averages accompanied by stop loss, take profit and multi timeframes on each moving averages. You can change all the parameters contained in the moving averages Please use as appropriate, hopefully can be useful and assist you in the transaction Don't forget to give a review if this product helps you MA Method 0 = simple 1 = exponential 2 = smoothed 3 = LW
FREE
Range Robot
Hong Ling Mu
1 (1)
This forex robot was specially designed for XAUUSD Gold. The best time frame is H1 and the logid is base on Moving average. If the price touch the range of 2 moving average, the EA will make an entry. Stoploss is made based on the outer band of the moving average. The trade time is already ptmized and you can use the time filter to make a good profit. You can change these parameters. tp and stoploss and time trade time and lot size.
FREE
Macro Kill Boxer
Sinan Durkan
5 (1)
What is Macro Kill Boxer? Macro Kill Boxer is a technical analysis indicator developed for the MetaTrader platform. It visualizes market movements during specific time intervals (e.g., Asia, London Open/Close, New York AM/PM) by drawing colored boxes on the chart. Each box represents the high and low price levels within the defined time period, often associated with macroeconomic events or high-volatility sessions. What Does It Do? Time-Based Analysis : Displays price movements as boxes for 58 c
FREE
Market & Pending Risk Manager EA Operation Manual Market & Pending Risk Manager is a professional MT5 trading panel EA that integrates multiple functions such as market order trading, pending order trading, risk management, and trailing stop loss, providing traders with a comprehensive trading solution. Core Advantages Intelligent Dual-Mode Trading Market Order Mode: One-click buy/sell for fast execution Pending Order Mode: Precise entry to wait for the optimal timing Seamless Switching:
FREE
Lossy MT4
Taha Saber Ashour Kamel
Lossy Mt4 trading expert advisor is rich of parameters that can help you to trade and hit targets it has excellent prediction strategy and many options that serve tp and sl in different shapes like in pips and in money also chart will be shown by arrows and lines and control panel as shown in screenshots you can use for any pair it is multi currency and high quality trend EA 
FREE
DrawDown
Irwan Adnan
4 (1)
This indicator shows drawdown based on highest equity. Usually drawdown is used to show performance of a trading account especially when someone participate in a trading contest. If drawdown  exceed a determined number, the contest account will be disqualified. So, I hope, this indicator will warn us in maintaining the drawdown and the account still be saved.
FREE

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