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Expert Advisors and Indicators for MetaTrader 4 - 42

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.
BeST_ Elliot Wave Oscillator Strategies is an MT4 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements. Signal Line comes in 2 types: Advanced Get Type – like the corresponding one used in the homonym analysis package Mov. Average Type – as a Moving Average of the Elliot Oscillator I
BB Arrows MTF
Yuriy Shatsckiy
The BB Arrows MTF indicator is based on the Bollinger Bands indicator. Represents input signals in the form of arrows. All signals are generated on the current bar. In 2 modes, Signals are not redrawn (Exception of very sharp jumps)! All signals in MTF mode correspond to signals of the period specified in MTF. It is maximally simplified to use both for trading with only one indicator and for using the indicator as part of your trading systems. A feature of the indicator is that the indicator ti
FREE
AutoSTPending
Luis Alberto Atuncar Sanchez
5 (1)
AutoSTPending - Expert Advisor for Automatic Stop Loss and Take Profit The AutoSTPending expert advisor automatically creates or modifies the Stop Loss and Take Profit levels configured in the properties. It is a user-friendly and easy-to-understand tool. With AutoSTPending, you can simplify and streamline your trading operations by allowing the expert advisor to automatically set and adjust your Stop Loss and Take Profit levels. This allows you to focus on other activities while maintaining e
FREE
EA Skynet
Ruslan Pishun
2.8 (15)
This is a fully automated smart adaptive algorithm. The SKYNET system calculates the history data and performs the analysis based on the probability percentage of where the upcoming breakout of the support and resistance level will take place, and places pending orders. The Expert Advisor adapts to any market conditions. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the algorithm of statistics collection with ou
OneClickClose Free
Hajime Tsuro
5 (8)
This is a forex supporting tool for all manual traders. You can close positions immediately at once on the MT4 Terminal by a single click. CLOSE SELL: You can close SHORT positions of the target currency pair (same as the chart you’re using this EA). CLOSE BUY: Same as above but LONG positions will be closed. CLOSE ALL: All opened positions will be closed (no matter of currency pairs). You can select the closing method from CLOSE ALL or CLOSE ONE BY ONE. You can choose the positions to be close
FREE
Power Breaker EA
Saravanan Venkatesan
3 (2)
The Power Breaker Expert Advisor follows this trend-based breakout strategy for the day. This works based on the intelligent identification of the resistance and support on a specific time period combined with real time order management. This EA has smart risk management capability as the lot size is dynamic based on the margin available. This EA can work with a minimum investment as low as $100. It has a proven back testing record for last 2 years (result attached below) with great compounding
FREE
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO MACD is called Convergence and Divergence Moving Average, which is developed from the double e
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 was free and it works im 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                                                          | //| Monitori
FREE
PZ Stretch
PZ TRADING SLU
The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
FREE
ON Trade Marubozu Candle Pattern Indicator The Marubozu candle pattern is a powerful and straightforward candlestick pattern that can provide valuable insights into market sentiment and potential trend reversals. It is characterized by a candle with a very small or non-existent shadow (wick) at one end and a long body extending in the direction of the prevailing trend. This pattern represents a strong imbalance between buyers and sellers, suggesting that the momentum in the market is heavily one
FREE
Average Bar Chart
Brian Lillard
4.5 (6)
The ' Average Bar Chart ' indicator was created to showcase the traditional Heiken Ashi calculation as an exotic charting style. This indicator is known for reducing chart noise for a smoother price action. A dditional indicators are recommended Key Features Candlesticks for OHLC are removed from the chart. Average bars may be shown as complete bars without tails. All functionality and features of this exotic chart are inputs. Input Parameters Chart Timeframe =  PERIOD_CURRENT; - period to s
FREE
Top Gun Oscillators
Safwan Rushdi Khalil Arekat
5 (3)
Note : New in 1.6: the indicator now exports the trade signal (but not displayed). Go long with light blue. Go short with red. Exit otherwise. Signal to be imported to your EA using iCustom. This indicator provides Best of the Best linear filter momentum oscillators that I am aware of (Low Pass Differentiators, LPD's) . All of them are  recent developments by this developer, or other researchers. The oscillator line is the first buffer of the indicator, and can be called  in other indicators or
FREE
QuantumAlert RSI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our   MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the pri
FREE
Shows you the time of the server you're on as well as the current time of the time zone you're in. 12-hour clock format (12:00:00 am to 11:59:59 pm) Charts from 1-5 mins are in hour:min:sec format Charts from 15 mins to 1 month are in hour:min format" You can also change the color of the clock to any color MT4 offers. If there is anything you would like me to add ask. As long as it isn't extensive, I might add it.
FREE
Adr 20
Francesco Lenza
5 (2)
ADR 20 mostra l'intervallo medio di pips di una coppia Forex, misurato su un numero di 20 giorni . I traders possono utilizzarlo per visualizzare la potenziale azione dei prezzi al di fuori del movimento medio giornaliero. Quando l'ADR è al di sopra della media, significa che la volatilità giornaliera è superiore al normale, il che implica che la coppia di valute potrebbe estendersi oltre la sua norma. L'ADR è utile anche per il trading di inversioni intraday. Ad esempio, se una coppia di v
FREE
RSI with Bands
Amirhossein Ghasemi Moroodi
After 7 years, I've decided to release some of my own indicators and Expert Advisors (EAs) for free. If you find them useful, please  Show support with a 5-star rating! Your feedback motivates me to continue providing free tools. Explore my other free tools as well here . _________________________________ "RSI with Bands" Indicator – Better Trading Decisions The "RSI with Bands" Indicator combines the classic RSI with simple bands to show you clearer when to buy or sell. It's des
FREE
This is a classic Expert Advisor with the most popular trading functions.  But the main feature is that the Expert Advisor is completely generated with the help of a script according to the signals of an arrow indicator. You can get the same EA, but which will enter on your indicator . And with full source code and the possibility of unlimited use, including sale on Market.   This version with a full set of functions, but in the process of creating an EA, you can form your own set of settings.
FREE
Blahtech Better Volume
Blahtech Limited
3 (2)
Was: $49    Now: $34  Blahtech Better Volume provides an enhanced version of the vertical volume bars. Each bar is compared to the previous 20 bars. Depending on its volume, range and volume density it will be assigned a state and colour. Low Volume – Minimum volume High Churn   – Significant volume with limited movement Climax Neutral –   High volume with unclear direction Climax Up   – High volume with bullish direction Climax Dn   – High volume with bearish direction Climax Churn – High vol
Daily Monitoring : The indicator automatically calculates and displays the daily drawdown on your trading chart, allowing you to see how well you're performing on a daily basis. Risk Management : By monitoring daily drawdown, traders can better manage their risk. It helps to keep daily losses within acceptable limits. Real-Time Information : Daily drawdown is updated in real-time, providing accurate and up-to-date information about your trading performance. How to Use: Activate the "Daily Drawd
FREE
What is ADR? Quite simply, ADR (Average Daily Range) is the average of price movement over a period of time.  It can be used as a gauge of how far price may move on any given trading day. This indicator calculates 5, 10, 20 Average Daily Range Features: -  Average: Daily Range, Prev 1/5/10/20 days - Calculator maximum stop loss/profit target by Risk/Reward percent of ADR in Pips. - Candle countdown - ... Contact me if you need:  https://t.me/Cuongitl
FREE
BeST_ Classic Pivot Points is an MT4 Indicator that is based on the widely known and definitely classic Pivot Point of a market prices activity. A pivot point is calculated as an average of significant prices (high,low,close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. A pivot point and the associated suppo
FREE
Univers Trailing Stop
Konstantin Kotlov
4.14 (7)
The Expert Advisor allows to move the stop loss following the price, which gives you the ability to protect the floating profit from sudden price reversals. It is possible to use a simple trailing stop which moves the stop loss at the specified distance from the price, as well as based others based on various indicators. Parameters Magic - unique magic number for identifying positions, if 0 - no number; Trailing - select the type of trailing stop: Simple, Fractals, ParabolicSar, ZigZag; Traili
FREE
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FREE version of the indicator: Support Resistance Multi Time Frame The free version works only on EURUSD and GBPUSD! Parameters referenceTF: the timeframe from wh
FREE
Lusaka
Mikhail Mitin
4.5 (2)
Main: Not martingale, not a grid; Working on all symbols; Signals: There is a good rational algorithm. Work of two indicators: Envelopes and Moving Average (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles, and on current candles; Quick
FREE
IT Moving RSI EA
Quentin Gilbert Roger Dacheville
3 (1)
The IT Moving RSI EA is a cutting-edge tool designed to empower traders with deep insights into market trends and price movements. This expert advisor is a powerful ally for both novice and experienced traders, offering the ability to make well-informed decisions by harnessing the combined power of moving averages and the Relative Strength Index (RSI). Whether you are starting your trading journey or are a seasoned trader, this EA is a must-have addition to your trading arsenal. Join our telegr
FREE
Rua PinBar
PHAM KIM QUY RuaCoder
5 (1)
Rua Pinbar This is an indicator to help you quickly identify pinbar candles in the chart. Can be used on any currency pair and any time frame you want. This indicator is often used to determine entry points. You can refer to the product here: https://www.mql5.com/en/users/phamruacoder/seller A product of Ruacoder Get code indicator and robot (EA) as required.
FREE
Heiken Ashi in Subwindow
John Louis Fernando Diamante
4.67 (3)
This indicator plots Heiken Ashi candles in a subwindow instead of the main chart, making it possible to analyse HA candles whilst keeping the main chart clean. - optional bid/close line is provided, stylable, updates on tick - HA candles are stylable via the inputs tab - optional price smoothing to the HA candles, with moving average period and method options - auto-scaling when scrolling back and forth
FREE
Arrow Indicator Trade EA
Anthonius Soruh
1 (1)
Arrow Indicator Trade EA is an Expert Adviser who trades based on custom indicators. When the indicator shows an arrow up, EA will enter into an OP BUY order. Likewise, when the indicator shows an arrow down, EA will make an OP SELL entry. Features: 1. Stop Loss and Manual and Auto TP based on the ATR indicator. 2. Auto Lot and Fixed Lot. 3. Close By Loss and Close By Profit features. 4. Target Profit Balance and Minimum Stop Balance 5. Easy to use. EA does not generate its own signals but gener
FREE
The transaction speed is a new concept indicator that shows where and when large orders accumulates on the market and benefits of this. It detects trend changes at very early stage. In Forex, volume is misleadingly called volume. Actually, it is price change per time, hence the correct name is transaction speed . It's all about the way we think, act and analyze. The change of the paradigma is of paramount importance. This indicator completely revises the idea of volume in Forex defining it logi
FREE
Gloxen FX Gold EA
Sayan Vandenhout
Gloxen FX USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 5 great strategies The EA can be run on even a $200
FREE
BestTF
Mikhail Nazarenko
Индикатор BestTF поможет быстро выбрать самый лучший для торговли таймфрейм валютной пары или криптовалюты. Индикатор BestTF рассчитает и покажет в таблице крутизну графика (волатильность) для всех существующих таймфреймов текущего торгового инструмента. Почему важно правильно выбрать таймфрейм Выбор таймфрейма является ключевым аспектом при торговле на валютном рынке по нескольким причинам: Торговые стратегии: Различные торговые стратегии эффективны на разных таймфреймах. Например, краткоср
FREE
Alligator Analysis
Aleksey Ivanov
4.75 (4)
Indicator description.            The “ Alligator Analysis ” ( AA ) indicator allows you to build various (by averaging types and by scales) “ Alligators ” and their combinations, i.e. allows you to analyze the state of the market based on the correlation of this state with a whole range of different " Alligators ".  The classic " Alligator " by Bill Williams is based on moving averages and Fibonacci numbers, which makes it one of the best indicators now. The classic " Alligator "   is based on
FREE
Safety
Sergey Ermolov
4.67 (3)
I think everyone knows such a rule of money management as "Safe". For those who are not aware, the safe assumes closing half of the position after the profit on the transaction has equaled the size of the stop. Thus, even if the price reverses and catches the stop, you will not lose money, because exactly the same amount of profit was received when closing part of the position earlier. The Safety Expert Advisor has only one setting – the closing lot. Leaving it at position 0, the adviser will
FREE
DidiIndex
Sonia Tait
5 (2)
O indicador criado por Didi Aguiar, o mestre das Agulhadas! O padrão do indicador é o cruzamento de três médias móveis simples. Média rápida, período 3. Média normalizada, período 8. Média lenta, período 20. Quando as três médias se cruzam próximas o suficiente, acontece a agulhada! Pela posição das médias é possível identificar: Agulhada de compra, agulhada de venda, ponto falso e beijo da mulher aranha. Quer saber mais? Procure pelo site dos robôs oficiais da Dojistar: tradesystembots.co
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
Vertical time lines
Bekhterev Sergey
5 (1)
Vertical time lines. A simple indicator that draws on the graph vertical lines of time. 1,3,5,10,12,15,20,30,60 minutes. You can change the line color, line style, select a time period from 1 to 60 minutes. Applies to any chart, timeframe. Incoming parameters: Minute_Num = 20;           // step 3,5,12,10,20,15,30,60 minutes color Line_Color = clrYellow; // color line Line_Dash = 2;                //0,1,2,3,4... solid, dash, dot, dash dot,dash dot dot
FREE
Forex OJP Robot
Hong Ling Mu
5 (1)
I like a simple Robot and I will share with you. I can provide some information about using Simple Moving Average (SMA) as a trading strategy in Forex. SMA is a commonly used technical analysis tool in Forex trading. It calculates the average price of a currency pair over a specified period of time, and the resulting line can be used to identify trends in the market. Traders often use the crossover of different time period SMAs (e.g. 50-day and 200-day) to identify potential buy or sell signals.
FREE
Toby Strategy Indicator
Ahmd Sbhy Mhmd Ahmd ʿYshh
The indicator rely on The Toby strategy >> The mother candle which is bigger in range than the previous six candles. A vertical line shows the last Toby Candle with the targets shown up and down. The strategy is about the closing price out of the range of the toby candle to reach the 3 targets..The most probable to be hit is target1 so ensure reserving your profits and managing your stop lose.
FREE
FFx ADX
Eric Venturi-Bloxs
3.6 (5)
The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema
FREE
VWAP Intraday Free
Joaquin Nicolas Metayer
4.8 (5)
The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded. You can see more of my publications here: https://www.mql5.com/en/users/joaquinmetayer/seller
FREE
Camarilla Pivots Historical
Nesimeye Oswald
4.57 (7)
Camarilla Pivots Historical plots the historical data of the camarilla pivot point levels on the chart. The Camarilla Pivot levels was originated in 1989 by Nick Scott. The levels are used as primary support and resistance levels by Intraday traders. The levels are calculated with the following formula: R4 = C + RANGE * 1.1/2 R3 = C + RANGE * 1.1/4 R2 = C + RANGE * 1.1/6 R1 = C + RANGE * 1.1/12 PP = (HIGH + LOW + CLOSE) / 3 S1 = C - RANGE * 1.1/12 S2 = C - RANGE * 1.1/6 S3 = C - RANGE * 1.1/4 S4
FREE
Simple indicator that shows your history in pips and profit. You can use it to follow your progress on the positions. It shows you the trade progress only for the symbol that the indicator is on and only for your trade history. Label text is updated when order is closed. The text can be displayed on each corner, it is in the parameters. Basic input parameters: Label color Font size Conrner position Anchor position Note: corner and anchor have to be the same position.
FREE
Close by percentage MT4
Konstantin Kulikov
4.86 (7)
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
FREE
This EA is a small aid, suitable for all who like to trade on smartphones or tablets. The EA is placed on a chart and monitors all markets (multicurrency). No matter where you are, as long as you have internet, you can trade with it. Open position, set stop, and the EA automatically creates a TP in the previously set ratio (1:1, 1:2 etc.) to the stop. This is a very convenient feature that helps you manage your trades better. Ideal for trading on mobile devices. Whether you are on the bus or in
FREE
Percent B Indicator
Amirhossein Ghasemi Moroodi
After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Bollinger %B Indicator for Enhanced Forex Trading Analysis The Bollinger %B Indicator, expertly crafted in MQL4, is a dynamic tool designed to revolutionize forex trading analysis. Leveraging the power of Bollinger Bands
FREE
QuantumAlert CCI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our   MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the pri
FREE
Индикатор для синхронизации и позиционировании графиков на одном и более терминалах одновременно. Выполняет ряд часто необходимых при анализе графиков функций: 1. Синхронизация графиков локально - в пределах одного терминала при прокрутке, изменении масштаба, переключении периодов графиков, все графики делают это одновременно. 2. Синхронизация графиков глобально - тоже самое, но на двух и более терминалах, как МТ4, так и МТ5. 3. Позиционирование графика на заданном месте при переключении периодо
FREE
UPD1 Pivot Levels
Vitaliy Kuznetsov
5 (3)
The indicator shows on the chart the classic pivot levels calculated on the basis of the previous day . You can choose from what hour to calculate the formula. Trade on reversal levels in a flat. In a trending market, use them as a target. Combine with your strategies for successful trading. The levels are drawn using   buffers and displayed on the entire available quote   history. Input parameters. Start Hour - Choose from what hour to start building levels. 00 - Default. Show Mid Pivots -
FREE
MT4 to Tlgrm
Fernando Morales
4.6 (10)
Do not use Windows 7 with this EA MT4toTLGRM EA only sends text messages from Metatrader4 to a Telegram group or channel of your choice. From version 4.23 it sends messages to Discord, Twitter and Facebook. The messages are customizable to show information about any trading activity in the account. Also it shows a daily PnL report. Several instances of this EA can be used simultaneously in the same MT4 terminal for sending messages to different Telegram group/channel but ensure that each one ha
FREE
Trend Z MT4
Claudia Ramona Angerer
Hypothetical trend line display Distance from the trend line Can be used in all symbols Can be used in all time frames An interesting indicator for predicting small waves The greater the distance from the trend line, the more likely it is to return to the trend line Settings: The first three(osic 1,2,3): are the same as the settings of the zigzag indicator The bigger these numbers are, the bigger the trend lines and the longer the trend Back Show: The number of candles displayed
FREE
MT4ToTG
Smart Forex Lab.
4.25 (4)
Your own copy system MT4 signal provider via Telegram Telegram isn't just for sending and receiving chat messages. It's also for automating your work flow. The combined use of MetaGram and Telegram bots allows you to send, receive and manage messages and even get your own copying system. Sharing trades with your subscribers is now such a simple process with this easy-to-use MetaGram app for MT4. Once you have connected MetaGram to your trading account and Telegram, your trades are sent immediat
FREE
Lisek Stochastic
Darius Hans Lischka
3 (7)
Lisek Stochastic   oscillator indicator with Alarm, Push Notifications and e-mail  Notifications. The Stochastic indicator is a momentum indicator that shows you how strong or weak the current trend is. It helps you identify overbought and oversold market conditions within a trend. The Stochastic indicator is lagging indicator, which means it don't predict where price is going, it is only providing data on where price has been !!! How to trade with Stochastic indicator: Trend following: As lon
FREE
Bearish Engulfing
Zaky Hamdoun
5 (1)
Introduction and Description The indicator displays an arrow whenever a " Bearish Engulfing " is detected. The latter usually indicates the beginning of a downward trend. A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up candlestick followed by a large down candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price m
FREE
Broken Trends
Nikolay Likhovid
4.75 (4)
Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an adva
FREE
MQL Random EA
Martin Eshleman
3.5 (6)
Summary: This EA places a single trade at a time in a RANDOM direction (buy or sell) and uses a simple TP & SL. A lot multiplier is also optional. Once a trade hits TP/SL, it will place another trade in a random direction. And so on. Since it only ever has 1 trade open at a time, it can be used on any broker. Which means it can be used on US brokers with the FIFO rule. Inputs are few and everything is based in Points too. So it can be used on any chart reliably and easily. You will be amazed how
FREE
MMM has undergone a complete overhaul and rewrite, taking years to achieve the current stable, secure, and profitable version. This is why I have decided to relaunch it for sale. The number of available copies will be limited to preserve the authenticity and effectiveness of the algorithm in generating profits in the market. The only way to achieve this is by restricting the strategy to a defined number of users. Whether it is through rental or purchase, the maximum number of users will be limi
FREE
RSI Signals Scanner
Mihails Babuskins
4.8 (5)
RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec
FREE
MA Cloud mt4
Alexander Chertnik
5 (2)
Moving Average Cloud draws 4 MAs on chart simultaneously in histogram style. Indicator uses 4 MAs: slow sma & ema 200 and fast sma & ema 50. the range between 2 slows MAs and Fasts, represented by histograms on the MAs boundaries - creating kind of "cloud" that can be traded by all kind of MA strategies like support & resistance or other... Change of color of the same histogram points to momentum changing. Combined with other market analysis, can greatly improve trading results.
FREE
The "Dagangduit Spread Indicator" is a versatile tool designed to provide traders with essential information about the current spread in the chart window. This indicator offers customizable features, including font parameters, display location on the chart, spread normalization, and alerts to enhance your trading experience. Key Features: Real-time Spread Display : The indicator displays the current spread in real-time on your trading chart, allowing you to stay informed about the cost of execut
FREE
Semi Martingale
Mohamad Rizal Maslan
EA will trade base on manual entry. It will do martingale if your position in losses. There are no backtests available. This is a semi-automated EA that requires human intervention or initial order to be triggered by user. The main purpose of this EA is to open trade in the same direction with bigger lot size when initial trade losses. It is barely impossible for human being to trade like this 24 hours a day. This technique is well known to many trades and many use it to recover their losses. Ho
FREE
Discrete Trend
Ainur Sharipov
4 (1)
Discrete Trend determines the dominant trend. The innovative algorithm allows the indicator to automatically adapt to any timeframe and currency pair completely eliminating the need for manual adjustments. The indicator works on bar closings. Thus, it is advisable to consider signals on the already formed candles. The product can be used both as a filter and as a main indicator.
Manual BackTester Panel
Dimitr Trifonov
4.2 (5)
The Manual BackTester Panel utility allows to simulate the manual trading in the MetaTrader 4 strategy tester. The panel works only in the virtual mode of the MetaTrader 4 strategy tester. The demo version allows to open and close ten orders, then the program will automatically turn off. The utility has no parameters at initialization. Panel Description: The panel has Buy and Sell buttons for placing market orders. It is possible to set the Take Profit and the Stop Loss in the TP and SL fields
Shree Ram
Mangesh Vasant Chinchalkar
**** PLEASE READ ALL BELOW COMMENTS CAREFULLY !!! PRESET FILES ATTACHED FOR FEW PAIRS IN COMMENT-2 (BASED ON BACKTEST FOR LAST 3 MONTHS ON 99.9% TICK DATA) 1) Time Frame : M15 suggested 2) First Entry : Based on Trend Indicator(s) 3) If Above entry goes in profit, EA books the trade at predefined profit, which may be different for different pairs. This has been found out based on latest 99.9% back tests for all pairs 4) If above entry goes in loss, then the EA starts averaging the trade at pred
RSI MA Alert
Santi Dankamjad
Indicator MT4 : RSI MA is Moving average of strength index Objective : Find entry price for the good trade How to set up indicators RSI MA : 1. RSI period 14. 2. MA you can set calculate price and method price. 3. MA period 9. 4. Arrow setting : 6 types. 5. Alert setting : Next bar or Instant bar. 6. Choose display for 1 or 2 calculation by formula. How to trade for success : Entry point : Buy / Long position 1. When arrow up direction show 2. TP : RSI OVB Entry point : Sell / Short posi
Hello You can copy orders between terminals for any computer via Internet (MT4 to MT4) or (MT4 to MT5) or (MT5 to MT4) or (MT5 to MT5) it's fast Open orders Modification Stop Loss and Take Profit Close Orders This is EA (slave) put it in Experts folder you must buy  (Copy orders for any computer via Internet Master) EA too from this link if you want to copy from MT4 https://www.mql5.com/en/market/product/55096 if you want to copy from MT5 https://www.mql5.com/en/market/product/56397 Plea
Lets dabble a bit into Elliot Waves. This is a simple indicator which tries to identify Wave 1 and 2 of Elliot Impulese Wave and then projects for Wave 3. Ratios are taken from below link: https://elliottwave-forecast.com/elliott-wave-theory/ - Section 3.1 Impulse Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 - used for identifying the pattern. Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 - used for setting the targets Important input parameters MaximumNumBars : To calculate
Renko Scalping EA
Miroslaw Stachowiak
3 (2)
A simple and very effective strategy. Mean Renko candles and Moving Averages. Renko Scalping EA can trade fully automatically. Instructions how to create an Offline chart and Renko Scalping EA Settings    The reason why I use   Mean Renko   candles is very simple.   Mean Renko   boxes filter out price ranges and make the chart look very clean and transparent. By adding the usual   Moving Averages   to such a chart, the overall picture will give you a quick overview of when price is trending
Maximun alfa trader
Eduardo Viganotti
THE BEST US500 ROBOT IN HISTORY Maximun alpha trader is based on moving averages and a proprietary highly advanced slope reversal prediction algorithm that is simple and reliable. The Maximun alpha trader EA strategy is a combination of several indicators trends plus its own indicator that detects the exhaustion of the trend which makes it unique in its class, this indicator is unique and secret has not yet been released in the market. TO TEST THE DEMO COPY THE CONFIGURATION THAT IS PASTE IN TH
Are you subscribed to receive trading signals via e-mail? Are you a signal provider and going to send signals via email to your client? This EA is a wizard to automatically scan all received e-mails through e-mail client software for trading signals. EA only reads received email's with specified subject from designated sender not all e-mails. EA scan email's body, explore it for keywords, match keywords with intended patterns, then extract the signal from email's body. The extracted signal
Account Protector Metatrader 4
Emmanuel Lovski Ijeawele Maduagwuna
Account Protector Meta Trader 4 This utility prevents risk of ruin per trading cycle.  Retail forex trading accounts are designed with   stop out levels   that make it impossible to quickly restore lost trading capital   (to initial levels)   in the event of a human or algorithm trader  " blowing"   an account. This hampers the efforts of a trader who after growing an account investment to a multiple of its initial value, suddenly suffers irreparable loss because of several trade entry mishaps.

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