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Expert Advisors and Indicators for MetaTrader 4 - 40

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.
Blahtech VWAP
Blahtech Limited
5 (3)
Was: $69    Now: $49   Blahtech VWAP - Volume Weighted Average Price (VWAP) is the ratio of price to total volume. It provides an average price over a specified time interval.  Links [  Install  |  Update  |  Documentation   ] Feature Highlights Configurable VWAP Line Sessions, intervals, anchored or continuous Previous day settlement line Standard Deviation bands Alerts at bar close or real time Automatic Broker or Tick volumes Significantly reduced CPU usage Input Parameters Expert Advisor
OSMA (OsMA) 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 OSMA? OSMA (Moving Average of Oscillator), also known as OsMA, is the difference between the MACD line and its signal line (i.e., the MACD histogram). It measures how far the MACD oscillator is from its signal moving average, effe
FREE
Trade Manager Basic – Breakeven and Trailing Utility EA for MetaTrader 4 Trade Manager Basic is a lightweight utility Expert Advisor for MetaTrader 4, specifically designed to manage existing trades without initiating new ones. It automatically: Moves Stop Loss to breakeven after reaching a defined profit level Activates a dynamic trailing stop once the specified threshold is reached Key Features: Operates on manually opened positions Configurable parameters for Breakeven and Trailing logic Com
FREE
The Market Structure with Inducements & Sweeps indicator is a unique take on Smart Money Concepts related market structure labels that aims to give traders a more precise interpretation considering various factors. Compared to traditional market structure scripts that include Change of Character (CHoCH) & Break of Structures (BOS) -- this script also includes the detection of Inducements (IDM) & Sweeps which are major components of determining other structures labeled on the chart. SMC & pri
MA MTF Overlay Chart   is software that allows you to overlay the candlestick chart of a financial instrument with a second candlestick chart of the same one, or of another, financial instrument, by setting a different timeframe from that of the basic chart. The software is very simple to use and the input parameters are listed below. Input parameters: Overlay chart set-up Financial instrument :   financial instrument that you want to overlay on the base chart Time period :   secondary instrume
FREE
Vilka Neo v5
Maksim Mikhailov
Вилка Нео v5, разрабатывалась для торговой системы "Оракул", но постепенно дополнялась, например - углами Ганна и другими опциями... Можно создавать графические объекты с заданным цветом, стилем и толщиной, такие как: прямоугольники с заливкой и без, отрезки трендлиний и нестандартный инструмент - "вилка Нео" в виде трезубца, так же есть возможность интерактивно настраивать цветовую палитру прямо с графика, настраивать видимость объектов для разных ТФ, толщину и стили... Панель переключается кла
FREE
The  Awesome Oscillator  (AO) is an indicator used to measure market momentum. AO calculates the difference between a 34 Period and 5 Period Simple Moving Average. The Simple Moving Averages that are used are not calculated using closing price but rather each bar's midpoints. This indicator has email and pushup "mobile" features Alert, for any suggestions, please don't hesitate, thanks
FREE
Candlestick Pattern Scanner is a multi-timeframe and multi-symbol dashboard and alert system that checks all timeframes and currency pairs for different candlestick patterns that are formed in them. Scanner is integrated with support and resistance zones so you can check the candlestick patterns in the most important areas of the chart to find breakout and reversal patterns in the price chart. Download demo version   (works on M30,D1,W1 timeframes and 20 symbols of Market Watch window) Read the
EA Gap Catcher
Mikita Kurnevich
5 (3)
Read more about my products EA Gap Cather - is a fully automated trading algorithm based on the GAP (price gap) trading strategy. This phenomenon does not occur often, but on some currency pairs, such as AUDNZD, it happens more often than others. The strategy is based on the GAP pullback pattern. Recommendations:  AUDNZD  TF M1  leverage 1:100 or higher  minimum deposit 10 USD Parameters:  MinDistancePoints - minimum height of GAP  PercentProfit - percentage of profit relative to GAP level
FREE
MQLTA Parabolic SAR Trailing Stop
MQL4 Trading Automation
4.5 (4)
The Parabolic SAR Trailing Stop will trail the Stop Loss price of your selected orders following the PSAR indicator, so you don't have to worry about having to change it manually. How does it work? The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the PSAR Indicator. You can filter the Orders by Symbol Comment Magic Number Buy/Sell Parameters PSAR Step - The Step of the PSAR PSAR Max Step - The Max Step of the PSAR PSAR Shift - The Shift of the
FREE
Advanced Trade Information Dashboard –  MT4 Everything I need to know about my account and open positions, right on the chart. I got tired of clicking between the terminal, the trade tab, and the calculator just to check my margin, pip value, or total profit in pips. So I built this dashboard to put it all in one place. What It Shows Total P&L – Real profit/loss from the positions I care about (filter by symbol, magic number, or include swap/commission). Margin Level – The one number that k
FREE
This indicator calculates gann support and resistance prices with use gann pyramid formulation and draw them on the chart. And If you want, Indicator can alert you when the current price arrive these pivot levels. Alert Options: Send Mobil Message, Send E-mail, Show Message and Sound Alert Levels: S1, S2, S3, S4, S5, R1, R2, R3, R4, R5 Inputs:  GannInputPrice: Input price for gann pyramid formulation. GannInputDigit: How many digit do you want to use for calculation formula. (The number and the
FREE
Sonic Hedge Grid EA is an advanced grid-based Expert Advisor designed to navigate volatility, control drawdown, and systematically extract potential profits from price retracements using a systematic buy-only grid combined with strategic hedging sells. Unlike traditional grid or martingale systems, Sonic Hedge Grid EA uses controlled hedging, cluster-based exits, and global profit protection to reduce risk exposure while maintaining consistent trading behavior. Core Trading Concept Anchor Buy En
Market Profile with Dashboard Indicator - Complete User Guide indicator Overview The Market Profile with Dashboard is a comprehensive trading analysis tool for MetaTrader 4 that displays market profile data, volume analysis, and key market structure information directly on your chart. This indicator helps traders identify significant price levels, market balance areas, and potential trading opportunities based on market profile theory. Core Components and Features Market Profile Display - Sh
Great   smart dashboard   for market analytics. Using this dashboard you can: find signals from different indicators from   all timeframes ; find signals from the Moving Average from   all symbols ; Include: 9 indicators (10 in Mt5 version); 27 signals (29 in Mt5 version); "Total" page. Indicators and signals: MOVING AVERAGE MA cross Price  - MA crosses Price; MA more/less Price  - MA higher/lower Price; BOLLINGER BANDS BB crosses Price (in) - Price crosses Bollinger (upper/lower line) insid
Trading Chaos Map
Andrey Sinegovskiy
For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
Week Month High Low
Sivaramakrishnan Thavasi
4 (1)
This indicator will show week and monthhigh low, very useful to understand the market sentiment. To trade within the range/ break out. Low- can act as support- can used for pull back or break out High- can act as resistance- can used for pull back or break out Breakout strategy  refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in its most juicy state followed by a trending move.
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. You can customize Drawdown Alerts for Corner - Left , Right , Up , Down X Y Color Number of decimal digits Popup messages and sound - Turn  on / off  notifications Notification
FREE
GTAS Bsi
Riviera Systems
5 (2)
The GTAS BSI is an indicator designed to provide the trend direction and buy/sell signals, using combination of momentum indicators. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The BSI indicator is represented as a histogram under the price chart. +100 (green) value indicates a bullish trend. -100 (red) value indicates a bearish trend. When the BSI turns to +100 (green), it gives a potential buy signal. Wh
FREE
SkynetFX T1000X
Pipat Rungruang
3 (4)
EA Features This Expert Advisor is based on standard indicators. You can custom your best parameter for each indicator with your own settings. Inputs Trade Settings AutoBuy : Auto Buy Trading AutoSell : Auto Sell Trading CloseAll : Close all open orders (this Symbol only) PauseTrade : EA will not open a new order but still holding all opened positions (Example: Before big news coming) ResetTime : Close all opening orders at time selection ResetHour : Close all opening orders at Hour selection R
DSS Signal AM
Andrii Matviievskyi
This indicator displays DSS Oscillator AM signals on the price chart. The calculation of DSS Oscillator AM values is similar to the stochastic indicator. The confirmation of the indicator's signal is the overcoming by the price of the high/low of the bar on which the signal was given by the indicator. Settings: Price - the price at which the indicator is calculated; EMA_Period - smoothing period; Stoch_Period - oscillator period; OB_Level - overbought level; OS_Level - oversold level; Show_Move
FREE
Forex Mastery Escort EA
Nardus Van Staden
5 (2)
Introducing "Forex Mastery Escort EA," a game-changing Expert Advisor (EA) specifically designed for the MQL5 market. This innovative EA combines the power of multiple indicators, including IMA (Intrabar Moving Average), CCI (Commodity Channel Index), and MACD (Moving Average Convergence Divergence), to provide you with unparalleled trading accuracy. Forex Mastery Escort EA leverages a sophisticated algorithm that meticulously analyzes market conditions, taking into account the insights derived
FREE
Wave Entry Alerts In Gold
Azad Amanuel Gorgis Gorgis
Wave Entry Alerts In Gold is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Gold (XAU/USD) symbol. Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Trade
FREE
Ultimax Dashboard
AURELIE HAI-SIEU SOUKANH
Complete newbie Trader Guide  Ultimax Dashboard! Everything you need to know to read the dashboard and make confident trading decisions even as a complete beginner. Features: Pair Scanner LWMA Trends Confluence Score RSI ADR% Market Sessions Currency Strength Smart Alert Overview What does Ultimax actually do? Ultimax is a single-screen command centre for forex trading. Instead of juggling 10 separate indicators across multiple charts, everything you need to evaluate a trade is right in fron
Investment Castle Trend Lines MT4
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
5 (3)
All traders should know the trend before making their decision when placing the buy or sell orders. The first step always starts with  supply and demand , rising and falling channels , trend lines, engulfing candles etc. All the above contribute to what is called “Price Action” and that is the best and most reliable way in trading and catching the trend and making profits, without stress. The  Investment Castle Trend Line Indicator  will automatically draw the trend lines on the MT4 for you. An
FREE
·            This indicator generates trading signals based on the color of the line. ·            When the line shows green color, executes only long orders based on your own trading strategy ·            When the line shows red color, executes only short orders. ·            If the line turns yellow, it signifies a reversal is imminent. You can either close all your open positions and stay out; or alternatively you can devise a trading strategy to catch a reversal at its very early stage. T
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
Arbitrage Forex
Gabriel Paul Ange Perrin
Based on an analysis of over 20 years of historical data, a simple and formidable strategy. I have earned a total of €9,500 in real profits on my personal trading account over the past year using my bot. Forget about complex and risky approaches. Our strategy is based on robust statistics (the major pair market is a very liquid market that does not perform out of the ordinary and gives us the perfect opportunity to hedge while arbitraging the pairs that go in the opposite direction). A formidab
FREE
Forex Target Zones Indicator – Master Key Support & Resistance Levels Unlock the power of precise trading with the Forex Target Zones Indicator, the ultimate tool for identifying high-probability buy and sell zones based on previous weekly and daily highs and lows. Designed for both   scalpers and swing traders, this indicator highlights critical levels where price is likely to react, giving you a   competitive edge in the forex market. Key Features:   Smart Weekly & Daily Zones   – Instantly
FREE
Reasonable Indicators, Reasonable Prices 1. Core Functions   Multi-Period Resonance : Uses   13, 34, 55   period KDJ for signal filtering.   Gap Up Capture : Identifies   Gap Up   patterns for strong start entries.   Reversal Warning : Predicts tops/bottoms using   J-value   sensitivity. 2. Signal Description   Buy Signal 1: UP (Gap Up) Displays white   “UP”   text. Indicates a   Gap Up   bullish candle above   MA5 . Shows strong   bullish power , suitable for   trend following .
Master Forex Expert v1.3 /  Input Parameters & Product Guide Product Overview Master Forex Expert v1.3 is a professional-grade automated trading system designed to capture long-term upward trends , especially in Gold (XAUUSD) . Since gold has historically maintained a strong long bias , the EA is optimized for long-only strategies , giving traders an edge by aligning with the market’s natural direction. With built-in dynamic grid trading , target-first-entry take profit , and risk controls , thi
FREE
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f
FREE
This indicator is like a special kind of thermometer that measures the strength of the current currency pair you're looking at. Instead of showing temperature, it shows whether the pair is gaining strength or losing strength at any given moment, presented as an easy-to-read histogram (those vertical bars) in a separate window below your main chart. Here's how it works in simple terms: The indicator uses two different speed settings to analyze the price - one "fast" setting (which reacts quickl
FREE
Esse indicador mede o 1º Canal de referencia e a 1º  Zona Neutra * configurar o canal macro para verificar a frequencia MAIOR H1 H4 1D * configurar o canal micro para verificar a frequencia Menor 1M 5M 15M Como instalar o Indicador fimathe. E uma pré mentoria tem uma estrategia Secreta bonus nesse video . assitao o video para enteder as logicas que podemos iniciar com esse indicador. https://www.youtube.com/playlist?list=PLxg54MWVGlJzzKuaEntFbyI4ospQi3Kw2
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
ConfluencePro v2.0 – Ultimate Confluence Indicator for Binary Options & Forex Professional Multi-Filter Signal System with Dashboard, News Filter & Real-Time Statistics ConfluencePro v2.0 is the most advanced confluence-based indicator ever released on the MQL5 Market. It combines 17+ professional filters (Trend, Smart Money Concepts, Market Structure, Divergence, MTF Confirmation, News Events, Volume, Regime Detection and more) into a single, easy-to-read confluence score (0–100%). Only the hi
Superio
Rio Purwanggono
4.67 (3)
Superio is semiautomatic Expert Advisor. It will follow your Buy Stop or Sell stop order. First order will follow your lot on Buy Stop or Sell Stop. Superio is a combination of Martingale and Hedging strategy. After 7 wrong positions, it will change position and start hedging position. It was backtested and optimized using real ticks with high quality. The Expert Advisor has successfully passed the stress test with slippage approximate to the real market conditions. This EA can run on several in
FREE
TSO Moving Average Slope
Dionisis Nikolopoulos
3.67 (3)
The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods between
FREE
SPD Parabolic Sar
Paranchai Tensit
The Expert Advisor is based on the principles of Parabolic SAR indicator and uses the elements of the hedging strategies. This mechanism uses the momentum of trading volatility that works on all the timeframe, day trading and swing trading. If two Parabolic SAR dots are below the price they represent the buy signal, and if the two Parabolic SAR dots are above the price they indicate the sell signal. This algorithm uses a hedging strategy that works with the volatility zone system, which we apply
Index Master
Paulo Martins Barbosa
3 (1)
Index Master Index Master is the free edition of a rule-based automated trading system created for traders who want to evaluate the core structure of the product before moving to the Pro version. Overview This EA was designed for index markets with an emphasis on disciplined automation, practical usability and controlled execution. It is intended to give users a simplified but meaningful view of the product philosophy. There is no martingale, no grid and no hedge logic. Main Features Rule-based
FREE
Infoboard EA MT4
Krisztian Kenedi
Trading information panel with risk calculator, order management, fractal trend indicator, and customizable keyboard shortcuts for quick trading. Features: Real-time trading information display (spread, ATR, swap, price levels, etc.) Integrated risk calculator with three modes (lot size, money risk, point distance) Quick order management with keyboard shortcuts (buy, sell, close, half close) Multi-timeframe fractal trend indicator (shows price position relative to fractal high/low) Adjustable
FREE
Color Levels  - удобный инструмент для тех, кто использует технический анализ с использованием таких инструментов, как Трендовая линия и Прямоугольник. Имеется возможность настройки двух пустых прямоугольников, трех закрашенных и двух трендовых линий. Настройки индикатора крайне просты и делятся на пронумерованные блоки: С цифрами 1 и 2 вначале - настройки пустых прямоугольников (рамок); С цифрами 3, 4 и 5 - настройки закрашенных прямоугольников; С цифрами 6 и 7 - настройки трендовых линий. Объе
FREE
BeST Colored Candles
Eleni Koulocheri
5 (2)
BeST_Colored Candles   is an MT4 FREE indicator that can change the color of the Candlesticks based on the MACD, SAR or RSI values and levels. It is a Composite indicator that by selection uses the values each one of these 3 indicators and their critical levels in order to create numerical relationships that when satisfied cause their corresponding candlesticks coloration. Input parameters == Basic Settings     -- Please Select Indicator - for selecting which one of the above 3 indicators   
FREE
RSI 7TF
Yurij Izyumov
2.75 (4)
This is a multitimeframe RSI indicator defining trends, oversold/overbought zones, as well as all intersections of signal lines from different timeframes on a single chart using arrows and audio alerts. When working with standard RSI, we often need to examine data from all necessary timeframes simultaneously. RSI 7TF solves this issue. If you are only interested in audio signals when signal lines are crossed, then have a look at RSI Alerts . Attention! The indicator uses seven timeframes - M5, M
FREE
Signals and Alerts for AMA (Adaptive Moving Average) indicator based on these MQL5 posts:   Adaptive Moving Average (AMA)   and   Signals of the Indicator Adaptive Moving Average . Note : this tool is based on the code of AMA indicator developed by MetaQuotes Software Corp. Features The signals are triggered at   closing   of last bar/opening of a new bar; Any kind of alerts can be enabled: Dialog Box, Email message, SMS notifications for smartphones and tablets, and Sound alerts; Customizable
FREE
Afsida Improved Combined Scalper
Teng Qi Sheng Joshua
4.75 (4)
A reversed engineered and improved version of the extremely popular AFSID scalper ( afs-id.com ).  Includes re-modeled versions of these 2 well received scalping programs: " AF-Fibo ", and " AF-TrendKiller".  Take note that this is a high risk scalper Though improvements have been made to mitigate some of the risks, the risks inherent to martingale scalpers still exists, so use it at your own risk. afsida Scalper  (improved AFSID) This is a simple martingale scalper which works on any pair (1
FREE
MIZAN BEAR G2 (General Edition 2026) Version: 31.1 (Next Gen) Update: January 2026 Specialization: Professional Gold Shorting (XAUUSD SELL ONLY). Strategy: Hybrid (Trend Attack + Rebound Scalping). MARKET REALITY IN 2026 The Gold market has reached historic highs and is critically overheated. Market physics is unforgiving: every vertical rally is eventually followed by a Global Correction . MIZAN BEAR G2 (2026 Edition) is a next-generation algorithm designed specifically for these market c
Inside Candle EA
Hong Ling Mu
1 (1)
Based on my original trading strategy, it appears that this EA is programmed to use technical analysis to identify an inside candle pattern in the current candle and wait for a breakout in either direction. If the price breaks out higher, the EA will place a buy order, and if it breaks out lower, the EA will place a sell order. The take profit and stop loss levels are set at 50 pips each. Additionally, using a martingale strategy, which involves increasing the lot size after a losing trade, ca
FREE
The Arrow Scalper
Fawwaz Abdulmantaser Salim Albaker
1 (2)
Dear Friend..  I share with you this simple Expert Adviser .. it is full automatic  this Expert Adviser following the trend of the pair you install on or any stocks or indices , it is works like that: - when the trend on H4 chart show a start of up trend the expert will wait till the 15M & 1H charts show an up trend the EA will open a buy order directly , and do the same for down trend and open a sell order the buy or sell  order lot size and take profit and stop loss will measured manually  by
FREE
Being   flat is a position   taken by a trader in Forex trading when s/he is unsure about the direction of currencies trading in the market. If you had no   positions   in the U.S. dollar or your long and short   positions   canceled each other out, you   would   be   flat   or have a   flat   book A   flat market   is one where there is little price movement; the   market   typically trades within a tight range, rather than forming a clear up or down trend. This indicator shows potential flat
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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
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IT Stochastic EA
Quentin Gilbert Roger Dacheville
Introducing the IT Stochastic EA, a powerful trading robot designed to harness the full potential of the Stochastic indicator. With an intelligently implemented grid strategy, this EA offers exceptional trading opportunities in all market conditions. Are you searching for a reliable tool to enhance your MetaTrader 4 trading performance? Look no further. Advanced Stochastic Signal Taking The IT Stochastic EA leverages the Stochastic indicator to capture precise trading signals. Fully customizab
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Hang Seng automated trading system designed for the Asia session. Combines price action with ADX, ATR and volume filters to trade only high- probability setups with controlled drawdown. Overview The Hang Seng Asia Scalper EA is a fully automated trading system specifically designed for the HK50 / Hang Seng Index during the most active hours of the Asian session. This EA uses a multi- filter logic combining: Price action structure  ADX trend strength filter ATR volatility filter Volume confirm
News Hound for   MT4   / MT5 A professional economic news calendar for every chart —   MT4   and MT5 — from the same trusted MQL5.com source. MetaTrader 5 has a built-in economic calendar. MetaTrader 4 doesn't. This tool fixes that — and gives you a   single, shared news feed   that every chart on your PC or VPS can read, in both platforms. Why I built it This is the foundation for something bigger. All my upcoming   Expert Advisors   are built around this news engine. Instead of locking news
FREE
HaDelta
Aren Davidian
This Indicator is based on Mr. Dan Valcu ideas. Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals. The indicator measures difference between Heikin Ashi close and open. Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals. I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on Heik
FREE
Balance Equity Graph
Aldo Marco Ronchese
5 (1)
Graph shows your balance and equity in real time similar to the tester graph which is nice to see your real progress vs tester graph. This code was copied from mql5.com, it is free and it works i am just putting it here to make it easier for us https://www.mql5.com/en/code/13242 https://www.mql5.com/en/code/8454 .. original code Equity Monitor  1. Monitoring balance 2. equity 3. margin 4. profitability 5. drawdown  Original idea and code by Xupypr (Igor Korepin)         Remake by transcendreame
FREE
Kali IndicOptimizer
ALAIN MICHEL AUGE
This tool is not only an Expert Advisor, it is used to optimize your indicators, to design your own Expert Advisor, to analyze the buffers of your indicators without having access to the source code. I searched for quite some time how I could optimize my indicators without having to program or modify an expert each time. With this tool, anyone can get started in strategy design or even have their own personalized Expert Advisor. It can optimize your indicators or your strategy with the days to
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OneShotFx
Abdulkarim Karazon
OneShotFX is a scalping arrow signals type indicator, an all in one arrow system with money management and filtered signals. How to trade   Buy : when up arrow prints on the chart open buy trade, set your tp and sl on colored tp and sl lines above and below the arrow signal candle. Sell: when up arrow prints on the chart open sell trade, set your tp and sl on colored tp and sl lines above and below the arrow signal candle. Why is it a good choice  Plenty of signals : no need to wait for long per
FREE
KT Drawing Tool - Pro Magnetic Snapping & MTF Auto-Coloring Stop struggling with manual alignment! Experience the ultimate precision for Price Action trading. The KT Drawing Tool is a professional assistant designed to replace the native MT4 drawing objects. It solves the common pain point of "imprecise levels" by automatically snapping your lines to the exact market prices. Whether you are trading Smart Money Concepts (SMC) , ICT , or classic Support & Resistance , this tool will significantly
FREE
SuperTrend Plus
Jonathan Destailleur
5 (1)
The Supertrend draws a line following the current trend.. Green Line under the candle means a likely bullish trend Red Line above the candle means a likely bearish trend How to trade with SuperTrend indicator Buy when the Supertrend Green line is below the price, Sell when the Supertrend Red line is above the price. It is strongly suggested to use this indicator in a trending market. Parameters Multiplier - the lower it is and the more sensitive is the line, meaning it will follow the price mo
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MAD Bands (Moving Average Deviation Bands) MAD Bands are intended to be used when you want to visually check the behavior of price volatility in relation to a moving average. MAD_Bands (MQL4 version) parameter description This document explains the MT4 parameter input screen for each setting item (input parameter). Group: Main (basic settings) Period Default   :       20 Explanation   : The number of candlesticks used to calculate the moving average (Mid) and band width. The larger the value,
FREE
PinbarDetector
Mohamed Alaa Mekki
Pinbar Detector  is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection.  As you can see o
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Signalator Trade Summary Panel MT4 is a free local MetaTrader 4 utility that gives traders a clear account and open-trade overview directly on the chart. The standard Trade tab shows individual positions, but it can be difficult to quickly understand the whole account situation when several trades or symbols are open. This panel summarizes the most important information in one compact dashboard. The panel shows current floating profit or loss, floating P/L as a percentage of account balance,
FREE
It is the main indicator of Turtle Trading Strategy. It provides an excellent advantage for following the trend. It gives a signal to enter the transaction in channel breaks.  A sell position is opened when the 20-period lower channel breaks, and a buy position is opened when the upper channel breaks. 2 ATR should be used as the stoploss level. The R-R ratio should be at least 1/2. You can reach the maximum profit opportunity by following the 10-period middle level. Recommended INPUT: 20 Period
FREE
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
FREE
Relative Volatility
Valeriia Mishchenko
5 (4)
Like most things that work in trading, it's really simple. However, it's one of the most powerful tools I have that makes entries of many systems much more precise.   In its essence, it measures the recent volatility against the medium-term average. How does it work? Markets tend to be prone to strong trending movements when relative volatility is low and tend to be mean-reverting when relative volatility is high.   It can be used with both mean-reversion systems (like the Golden Pickaxe) and mo
FREE
Algorithmic FREE
Vladimir Gorbachev
5 (4)
Medium-term trading system that tries to profit during the price rollbacks after significant movements. The system automatically determines the current trading range, the price rollback levels. This is a demonstration version of the Algorithmic EA, which is optimized over the year 2016 for trading the EURUSD currency pair. It is possible to trade in manual mode using a simple on-screen panel or in fully automatic mode. Amount of trades per month is from 5 to 18 in automatic mode. The recommended
FREE
CPM Extended
Sergey Efimenko
4.8 (10)
The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers. What the indicator shows : a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using
FREE
Identify key support and resistance zones, and execute trades strategically when the market exhibits overbought or oversold conditions. This EA, referred to as "Supply Demand Agent," is designed to help traders find suitable entry and exit points in the market based on support and resistance areas, as well as overbought and oversold conditions. Let's break down the key input parameters to explain how the EA operates: Money Management Settings: LotSize : Specifies the initial lot size for trading
FREE
The Hull Moving Average (HMA), developed by Alan Hull from 2005, one of the most fast-moving Average, reduce lag and easy to use to identify Trend for both Short & Long term. This Indicator is built based on exact formula of Hull Moving Average with 3 phases of calculation: Calculate Weighted Moving Average (WMA_01) with period n/2 & (WMA_02) with period n Calculate RAW-HMA: RAW-HMA  = 2 * WMA_01(n/2) - WMA_02(n) Weighted Moving Average with period sqrt(n) of RAW HMA HMA = WMA (RAW-HMA, sqrt(n)
FREE

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