Expert Advisors and Indicators for MetaTrader 4 - 38

The TrueChannel   indicator shows us the true price movement channels. This indicator resembles Donchian Channel   in its appearance, but is built on the basis of completely different principles and gives (in comparison with Donchian Channel , which is better just to use to assess volatility) more adequate trading signals.              As shown in the article , the price actually moves in channels parallel to the time axis and jumps abruptly from the previous channels to the subsequ

The Magic Dice is an expert advisor that trades during large markets movements. It’s using pending orders. I’m sharing with you this expert in order to find the best broker for live trading because this expert need a broker with low spread and very fast execution. So, thank you in advance for giving me your feedbacks on this subject Please note that this expert is designed to be profitable only in low spread condition. In the default setting I’m using a spread filter of 3.0 just for passing the

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

For those who have followed my FCK Quantum Scalping thread know about the FCK Quantum Scalping indicator and have taken the indicator to different levels (Mastermind) to suit his or her trading style. In this system, the Quantum indicator is only for showing us trading entries, and that’s it. Targets and stop levels are a little later. For those who don’t know what the FCK Quantum Scalping indicator is, I’ll tell you. The FCK Quantum Scalping  indicator is basically a modified Wave indicator i

This indicator is the author's implementation of the classic indicator Parabolic Support and Resist (PSAR). A time-tested product that allows you to not only determine entry/exit points but also reasonable levels for setting protective stop orders. The indicator has two customizable ranges, which allows you to identify long-term and short-term trends. The indicator does not repaint on the data history. The indicator has the ability to give signals and send notifications about them to e-mail and

Currency Strength Matrix (CSM) is an indicator that will show you the current strength of the major currencies in several timeframes, allowing you to sort the currencies for strength and spot possible trading setups. This indicator is ideal for scalping and in all those events of sudden big moves. How does it work? The CSM compares the value of the current moving average with the same moving average in the previous candle for all the 28 pairs and all 9 timeframes, producing a Matrix of Strength

The   OHLC indicator   shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session. Levels High  of the current or previous session. Low  of the current or previous session. Open  of current or previous session. Close  of the current or previous session. Midpoint  of the current or prev

This EA has been developed, tested and traded live on NASDAQ M15 TF. Everything is ready for immediate use on real account. Very SIMPLE STRATEGY with only FEW PARAMETERS. Strategy is based on EXPANSION ON THE DAILY CHART. It enters if volatility raise after some time of consolidation. It uses STOP pending orders with ATR STOP LOSS. To catch the profits is a TRAILING PROFIT function in the strategy.  EA has been backtested on more than 10-year long tick data with 99% quality of modeling and verif

Money Flow Index (MFI) 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 MFI? The Money Flow Index (MFI) is a volume-weighted momentum oscillator that measures the strength of money flowing in and out of a security over a given period. It works similarly to RSI but incorporates volume, makin

The RSI Divergence Indicator is a powerful tool designed to identify potential reversals in the market by spotting discrepancies between the Relative Strength Index (RSI) and price movement. Divergences can be a significant indication of an impending trend change, either from bullish to bearish or vice versa. This indicator is built for making the task of identifying potential trade opportunities more straightforward and efficient. Features: Automatic Detection: The indicator scans the chart f

When using CCI (Commodity Channel Index) oscillator, the waiting time till the next signal can be long enough depending on a timeframe. CCI Alerts indicator prevents you from missing the indicator signals. It is a good alternative for the standard CCI indicator. Once there appears a CCI signal on the required level, the indicator will notify you with a sound or push, so you will never miss an entry. This is especially significant if you follow the indicator in different timeframes and currency p

In FX, signals from doji patterns can be effective in capturing potential trend developments. Therefore, setting pending orders simultaneously after the appearance of a doji can make it easier to capture the onset of a trend. Setting stop-loss (SL) and take-profit (TP) levels more widely can enhance the probability of success, but it also increases the associated risk. In the event of a loss, it is possible to recover by increasing the next position size through multi-lot trading, but this str

When prices breakout resistance levels are combined with   Larry Williams' Percentage Range "WPR"   oscillator breaks out its historical resistance levels then probability emerges to record farther prices.   It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side

AWESOME MACD INDICATOR Awesome MACD Indicator is a powerful trading tool that combines the strengths of Moving Average (MA) and Moving Average Convergence Divergence (MACD) to provide accurate and reliable trading signals. Designed for forex and stock traders, this indicator simplifies the identification of trading opportunities by detecting significant crosses in price movements. Key Features: MA and MACD Combination: Awesome MACD leverages the power of Moving Averages (MA) to identify short-te

BB-Sub – Bollinger Bands in Subwindow BB-Sub is a simple yet powerful indicator that displays Bollinger Bands independently in the subwindow of your chart. Unlike standard Bollinger Bands, which are shown on the main chart, BB-Sub operates in a separate subwindow. This prevents overlapping with candlesticks or other indicators, making it ideal for traders who want to focus purely on the movement and shape changes of the bands. Main Features Simultaneously displays the upper band, lower band, and

RCI (Rank Correlation Index) Indicator Overview The RCI (Rank Correlation Index) indicator is an oscillator-based tool that analyzes market trends and possible turning points by measuring the rank correlation of price data. It quantifies the correlation between price ranking and time ranking over a specified period, displaying values from -100 to +100 as a simple line. RCI is widely used for gauging market momentum, timing entries and exits, and can support both trend-following and counter-tren

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

Quantum Trend Sniper PRO for MetaTrader 4 Quantum Trend Sniper PRO is a professional-grade MT4 indicator built for traders who want selective entries, clear trade structure, and live on-chart decision support . This is not a basic buy/sell arrow tool. It is a complete trading workflow that helps you identify higher-quality setups, project the full trade structure, monitor progression through multiple profit targets, and review trade behavior directly on the chart. Designed for traders who value

*This is tradingview indicator converted to mql4* The Chandelier Exit Indicator is a popular technical analysis tool developed by Chuck LeBeau. It is designed to help traders identify potential exit points for their trades based on market volatility and the concept of trailing stops. The Chandelier Exit Indicator consists of three main components: Average True Range (ATR): The indicator utilizes the Average True Range, which measures market volatility. The ATR calculates the average range betwe

Pin bar pattern is characterized by a long upper or lower wick with a small body relative to the size of the wick with little to no lower or upper shadows. Pin bars are not to be traded in isolation , but need to be considered within the larger context of the chart analysis. A pin bar entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario. Inputs MinimumTailPips- Minimum size of Tail in pips; TailBodyCandle- means how many times Tail grea

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

Safe Daily Growth  – Triple Mode Smart Trading Expert Advisor (Cent Account Only) Safe Daily Growth  EA  is a powerful and flexible Expert Advisor designed for consistent daily profits using three intelligent trading modes:   Auto Trading   Manual Trading   Smart Button-Based Trading This EA is built specifically for   Cent Accounts   and is ideal for traders who want safe, controlled, and profitable Forex trading.   Key Features   Auto Trading Mode Safe Daily Growth EA auto

"BIG FIGURE INDICATOR" automatically identifies and draws horizontal lines on price charts at specific levels, such as whole numbers or half-numbers (e.g., 1.0000 or 1.5000 in currency trading). These levels are considered psychologically significant because they represent round numbers that big traders and investors may focus on, leading to potential support or resistance levels. The big figure indicator can help traders identify important price levels and make trading decisions based on these

The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea

Probability emerges to record higher prices when   MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by   2nd & 3rd screenshot. Furthermore, divergence is confirmed

Indicator. Zones of support and resistance levels The most reliable tool in the hands of any technical analyst is support and resistance levels.It is these levels that magically work in the market, because the price then bounces off them, on the contrary, gaining maximum acceleration, punching them and striving for a new price point.However, in practice, many beginners face enormous difficulties in building them.This is due to the fact that the price may react quite differently to them, and ofte

Avantgarde: Grid This Expert advisor uses simple and robust grid method to place trades. simple and easy to use. https://www.mql5.com/en/signals/534678 How It Works: The EA does not use indicators but uses a math based solution to price-action. The EA will perform the same trades in any timeframe. Avantgarde Grid is equipped with money management, Autolot and DD close trade. Take care when setting the <step> as it will alter the aggressiveness. The Greater the step the less risk. Parameters Buy

The product   Divergence Mom Stoch Adx Bears Bulls   is designed to find the differences between indicators and price. It allows you to open orders or set trends using these differences. The indicator has 4 different divergence features. Divergence types Class A Divergence Class B Divergence Class C Divergence Hidden Divergence Product Features and Rec ommendations There are 5 indicators on the indicator Indicators =   Momentum Stochastic Adx Bears Bulls 4 different divergence types are used.

(Multiple Close All) for MT4 a lightweight and efficient utility designed to help traders close their open positions and pending orders directly from the chart. It provides a clean panel with interactive buttons, allowing quick closing of opened trades and deleting the Pending Orders with one click. Key Features: Close all   BUY ,   SELL , or   ALL   positions with one click. MultipleCloseBy opposite trades. Close only   profitable trades   or only   losing trades . Close trades filtere

Trendopedia – Smart Forex Trend Screener V1.0 Professional Multi-Timeframe Market Analysis Tool Overview Trendopedia is an advanced multi-timeframe forex analysis tool designed to help traders read market direction with exceptional clarity and confidence. By synthesizing complex market data into intuitive visual signals, Trendopedia empowers traders to make more informed decisions. Core Features 1. Trend C.S.M (Currency Strength Meter) Understand Relative Market Power The Currency Strength Mete

The indicator is a polyline (ZigZag segment) that tracks and connects the extreme points of the chart price that are at least a specified size apart from each other in points on the price scale. The one and only setting is the minimum size (in points) of a ZigZag segment. The indicator displays levels to determine a possible trend reversal: level    "LevelForUp" -  the breaking of this level determines the possible reversal of the trend up (to buy); level     " LevelForDown   " -  the breaking o

Arrow indicator without redrawing and delay The indicator shows the best trend entry points on the chart. It is better to use it in conjunction with other trend indicators as a filter. The indicator shows good results on lower timeframes. The signal is generated inside the candle and appears as blue and red arrows. Displays signals at the zero bar Settings Step : Calculation of bars in history Bar : Shows bars in history Delta : Offset of the signal from the candle

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

This indicator uses binary codes to predict price movement within the "multiverse and mini-verse" of price. (Due to the coding instruction to capture every momentum, it leaves static lines in DEMO TESTING mode. At the end of testing click on the indicator to open and click OK. It will adjust and remove broken and static lines)  It also draws lines at entry price levels on the chart. Just open your positions accordingly at these price levels. You will get many trading opportunities each day with

The CandleStick Factory is a tool that allow you to perform a   market scan   and search any candlestick pattern that you already created. The   lite version  can be downloaded here :  https://www.mql5.com/en/market/product/75622 You can perform a quick search in the current chart (500 bars will be scanned), or save your custom candlestick patterns, and search in different Symbols/Timeframes that you can select in the settings tab, the scan can be scheduled every 1, 5 or 10 minutes by updating t

Inspector - Real-Time Performance and Drawdown Monitoring for MetaTrader See More, Trade Better - enhance your MetaTrader experience with this essential performance tracking tool, extracted from the powerful Meta Extender suite. What It Offers:   Continuous real-time calculation and monitoring of your trading performance, drawdown, and key statistics across multiple time periods. The Inspector displays comprehensive metrics for daily, weekly, monthly, and yearly performance, keeping you informe

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.

BuySell Volume is an indicator that approximates Buy and Sell volumes based on price movement. Input Description: applied_model: Choose the applied model. In low reversal mode, price is considered receive low bearish pressure during bullish candle's creation (high bearish pressure on high reversal model. In other words, Bullish Marubozu candles has really high Buy Volumes in low reversal model than in high reversal one. Output Description: Buy and Sell Volume: Determines how many Buy and Sell vo

Features: Sydney, Tokyo, London, and New York session lines — open and close Automatic DST adjustment: Australian (Oct–Apr), European (Mar–Oct), US (Mar–Nov). Tokyo fixed, no DST Toggle each session on or off independently Fully customizable: colors, line styles, line width, label size and position Runs on new bar only — no unnecessary recalculations Works on M1 through H1. Disabled on higher timeframes automatically Inputs: Show/hide each session independently Session open and close times in GM

VoltArx Volatility Engine - Institutional-Grade Breakout Algorithm Harness the power of volatility compression and explosive market breakouts with precision timing VoltArx Volatility Engine is a sophisticated multi-market trading system designed to identify and capitalize on high-probability volatility expansion events. Built on institutional research and advanced market microstructure analysis, VoltArx detects when markets are "coiling up" for explosive moves and positions you ahead of the bre

Limited time offer! For the launch of NextBot Scalper EA , the price of this indicator will drop to FREE ! Introducing a pragmatic and innovative tool for MetaTrader 4 (MT4) traders: the Linear Regression Next channel indicator, enhanced with the determination coefficient  R 2 . This indicator serves as a foundational tool for traders seeking to understand market trends through the lens of statistical analysis, specifically linear regression. The essence of this indicator lies in its ability t

TG MTF MA MT5     is designed to display a   multi-timeframe moving average (MA)   on   any   chart   timeframe   while allowing users to specify and view the MA values from a particular timeframe across all timeframes. This functionality enables users to focus on the moving average of a specific timeframe without switching charts.   By   isolating   the moving average values of a specific timeframe across all timeframes, users can gain insights into the trend dynamics and potential trading opp

HiLoTren IQ7 — Smart Market Boundaries & Pivot Mapping Define your trading levels with AI precision. HiLoTren IQ7 is an intelligent   pivot-based indicator   that automatically plots   Pivot Points ,   Resistance (R1–R3) , and   Support (S1–S3)   zones directly on your chart. It provides a clear visual framework to identify   market boundaries, reversal zones, and trend continuation levels   — all calculated in real time. Main Features   Auto Pivot Engine   — calculates daily pivots, R/S levels

The presented indicator is an original development based on the classic technical analysis indicator - RSI. To smooth out sharp fluctuations in the indicator values, a filter is used that cuts off weak changes and focuses the trader's attention on strong fluctuations in the values. The indicator does not repaint on formed bars. For greater efficiency of this indicator, it should be used together with indicators that identify the trend direction, as well as support/resistance levels. The indicat

Shadow Bands Pro – MT4 说明（中英文） English Description (MT4) Shadow Bands Pro – Advanced Reversion System for MT4 Shadow Bands Pro is a non-repainting (on candle close) trend-reversal and mean-reversion indicator designed for traders who need clear, rule-based entries and exits. By combining a dynamic volatility band, entity-break logic, and a built-in statistics panel, it helps you quickly see where price is stretched and where high-probability reversals may occur. Key Features Non-repainting on

The indicator displays two Moving Average lines on the chart with parameters specified in the settings. It issues a signal in the form of arrows and a sound at the intersection of these   Moving Average. In the indicator settings, you can set the period of fast       Moving Average (   Fast MA Period   ) and slow       Moving Average (   Slow MA Period   ). And also   Shift, Applied Price, Method   and   Timeframe   for two Moving   Averages   separately. Important: The main difference from othe

Leonardo Breakout SMC – Advanced Trading Indicator Overview   The Leonardo Breakout SMC is a masterpiece of precision and innovation, crafted for those who seek to understand and harness the unseen forces within the market. Just as Da Vinci observed the natural world with meticulous detail, this MetaTrader 4 (MT4) indicator reveals the hidden structures of price movement, enabling traders to capture the essence of smart money concepts (SMC) and execute flawless breakout strategies. Every eleme

UltraFast Trade Manager - Professional Execution & Filter Suite The UltraFast Trade Manager is a high-performance utility designed for traders who need lightning-fast control over their positions. Whether you are scalping Gold (XAUUSD) or managing a complex portfolio of Expert Advisors, this tool provides the speed and precision required in volatile markets. The code is fully optimized for the MQL5 Market with 0 errors and 0 warnings. NEW: Dynamic Auto-BE Guard (Smart Hedge Protection) Active

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

The trend pigs is a trend EA with a filtering system. It is recommended to configure the EA based on your experience. To configure the EA, you can use the following indicators: MA Cross indicator with parameters(periods) settings. Main signal A TREND indicator with parameters(periods) settings. There is a possibility of switching off. The Squeeze indicator with the settings(periods). There is a possibility of switching off. The expert advisors have the ability to filter signals according to t

Close Manager Buttons EA (MT4 Version) One-Click Trade Manager for MetaTrader 4 This is the MT4 edition of the Close Manager Buttons EA, built for traders who want instant control over their trades in MetaTrader 4. The features are identical to the MT5 version, making it easy to manage trades across both platforms. Key Features Close All Trades – instantly close every open position Close Only Buy Trades – exit only BUY positions Close Only Sell Trades – exit only SELL positions Close Winning Tra

A Donchian Channel Strategy breakout EA. The Expert Advisor automatically creates and manages Stop Loss orders placed and modified according to the Donchian Channels indicator. Once the order is filled the EA takes care of it. It is either possible to set a fixed Take Profit or a Trailing one. Best results at H1. Strategy and input parameters fully described in the video here below https://youtu.be/hFfbgZw0-tQ

Seamlessly switch between 13  (9 mt4 default and 4 popular custom)  time frame with this tool. Real ease of switching between default and custom time frames. Note indicator does not create custom time frame chart data, it only enables you to switch to and from them. Creating a custom time frame can be done using the default mt4 period converter script attached to a lesser default mt4 time frame. Example attach period converter on M1 and set period multiplier to 10 to have a custom M10 chart. 

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

Utility Description A utility that sends text and graphics messages from MetaTrader to Telegram . The information transmitted relates to trading activity on the account: Opening \ closing deals; Placing \ deleting pending orders; Modification of Stop Loss \ Take Profit \ pending order prices; Triggering Stop Loss \ Take Profit; Pending order activation. It does not work in the strategy tester. Check the utility on the demo account using the free version of Telegram Signal Free  The utility ha

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

Trading with the help of the MACD indicator has become even more convenient. Flexible settings will help you choose what you really need in your trading. Use the strategy that you need - the indicator uses 3 strategies. Download the demo right now! I recommend watching my advisor - Night Zen EA Subscribe to my telegram channel, link in my profile contacts -   my profile See also my other products on mql5.com -   my products Advantages of the indicator: In this indicator, the interpretation of th

Dynamix Trade Manager Basic for MT4 is a professional manual trading dashboard designed for fast and efficient chart execution within a clean, organized interface. The panel provides real-time account and chart data, including Balance, Equity, Profit/Loss, Spread, Broker Time, Local Time, and Timeframe countdown , allowing traders to stay fully informed before placing trades. This Basic edition focuses on core manual trading functionality. Traders can execute instant BUY and SELL orders , use C

This is one of my first indicators. Slightly improved. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Parameters: ATRPeriod - ATR period for calculation of steps. XOPips - manual pararmetr, ATR ignoring. Note: The indicator uses closes price, thus it is recommended to consider completed bars. There is a more visual, with the display of lines on the chart and alerts, paid version of XOatrline

TMA_Channel_PRO_Non_repaint   is a professional non-repainting channel indicator based on   two TMA channels (Fast + Slow) . It is designed for trend direction, volatility structure, pullback entries, and breakout / mean-reversion workflows — with stable historical values. Two TMA channels (Fast + Slow) This indicator draws   two independent TMA channels : Fast TMA   — reacts quicker to price (entry timing, short-term structure) Slow TMA   — smoother, shows the main direction and “market envelop

Binary SS is a tool for binary options trading that: Works on any timeframe. Supports any currency pair. Generates trend-based signals with high accuracy. How does it work? Signal for the next candle appears as an arrow on the chart (before the current candle closes): Blue arrow — buy signal. Red arrow — sell signal. Default expiration is 1 candle , adjustable from 1 to 4 candles in the settings. Installation: Download the "MQL5" folder : Download here . Place it in your terminal's dire

SR Breakout EA MT4 Launch Promo: Depending on the demand, the EA may become a paid product in the future. Presets:  Click Here Key Features: Easy Installation : Ready to go in just a few steps - simply drag the EA onto any chart and load the settings. Safe Risk Management: No martingale, grid, or other high-risk money management techniques. Risk management, stop loss, and take profit levels can be adjusted in the settings. Customizable Parameters: Flexible configuration for individual trading pr

The Pipsometer Pro Indicator is an essential, minimalist tool designed for the disciplined trader who requires immediate, at-a-glance financial feedback. It functions as a dedicated, real-time display that continuously calculates and shows your current floating profit or loss, measured exclusively in **pips**, for every open trade on the active chart. This focus on pips rather than monetary value allows traders to assess market performance and price movement directly, stripping away the emotion

The "Trend Edges" indicator determines whether the trend is rising or falling. It is suitable for any time frame (tested on DAX). The indicator should be treated like Bollinger Bands, meaning that if it breaks out upwards, you can buy with a stop loss below the lower edge. Find a trending pair, index or CFD. Additionally : -Sound alert on trend change. -Alert Notification -Alert Notification on your mobile phone Check my other indicator "Trend Edges histogram"

MT4 vAccount Protector Basic Account Protector Basic is a streamlined risk management tool for MetaTrader 4 (MT4) that helps traders safeguard their accounts with clear, customizable limits. Designed for simplicity and reliability, it ensures that trading remains disciplined and capital is protected. This EA closes all trades once the maximum loss is reached either in value or account percentage. It is especially useful for those trading prop funds account. Key Features: Loss Selection You can

About: The Nadaraya-Watson Envelope is a sophisticated yet practical technical indicator that helps traders identify overbought and oversold conditions using advanced kernel regression methods. This is the MT4 only Version. For MT5 Version go here: https://www.mql5.com/en/market/product/158641/ Key Features ATR-Based Bands: Three upper and three lower bands provide graduated overbought/oversold zones Logarithmic Scale Calculation Center Line - bullish (teal) or bearish (red) What is the Nad

Lot Assistant MT5 Introduction Smart Lot Size Calculation Based on Risk Dollar and Stop Loss Fast One-Click Trading with Automatic Stop Loss Placement Simple and Clean Trading Panel Inspired by MetaTrader One Click Trading Lot Assistant MT5 is a free trading utility designed to help traders manage risk and open trades quickly. The panel is inspired by the familiar MetaTrader One Click Trading tool that many traders already use for fast execution. In addition to quick Buy and Sell buttons, this t

This is a custom indicator based on the Exponential Moving Average (EMA) angle, typically used to measure the trend angle of EMA lines. Here are the main parameters and functions of this indicator: Main Parameters: md1: Fast period for EMA, default value is 12. md2: Slow period for EMA, default value is 26. md3: Period for the MACD signal line, default value is 9. Functions: The indicator calculates the MACD indicator and categorizes data into different buffers based on the direction and angle o

Balance of Power (BOP) 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 BOP? Balance of Power (BOP) is an oscillator that measures the strength of buyers versus sellers by comparing the change in price to the range of the bar. The indicator is calculated as (Close - Open) / (High - Low), th

This utility advisor builds a linear regression channel on the chart and opens trades for a breakout or rebound from the channel boundaries. Orders are closed when the price reaches the middle line of the channel. The Expert Advisor can be used as a utility drawing a channel. to do this, you need to disable the advisor in the settings: Trade = false . About settings: Two points are responsible for plotting the regression channel: the start point of the Last bar , the end point of the First bar