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Expert Advisors and Indicators for MetaTrader 4 - 60

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.
Implied Trader
Ciprian Ghebanoaei
Implied Trader   is a fully automatic, professional trading robot designed specifically for the foreign exchange market   AUDCAD M30 timeframe. Parameter configuration is not necessary for EA. Only the size of the lot you intend to use needs to be chosen. 0.1 is the suggested lot size for a $2000 account. You can raise the lot size correspondingly if your account has more money. It has an intelligent algorithm that recognizes the trend. On the basis of the trend direction, the expert places orde
FREE
Trades Manager Buy and Sell Close The Close Buy and Sell Expert Advisor is a free EA given to help traders manage trades easily especially during volatile market environment. Features: It helps to quickly close trades either in profit or loss. Close for separate Buy Only  Close for separate Sell Only  Close for both Buy and Sell Only  Control Box can be minimized, closed or moved around from the chart. It works for all open trades opened on the terminal. Contact me for your specific coding
FREE
If you like this project, leave a 5 star review.                                                  As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. This oscillator will show you the percentage variation for the: Day. Week. Month. Quarter. Year. In a subwindow wh
FREE
Volatility Channel from JagzFX helps you find breakouts by displaying a channel on the price chart. Volatility Channel is simple to use - there are no parameters - and works on any timeframe. BASIC USE of Volatility Channels The channel can be used as a 'No Trade Zone': you don't trade when the price is inside the channel. However: When the price breaks above the channel: go Long. When the price breaks below the channel: go Short. The indicator works on all timeframes to suit your trading style.
FREE
Hidden Zig Zag
Christian Ricard
This indicator allows to hide ZigZag indicator (on all MT4 timeframes) from a date define by the user with the panel ("Hidden Candles"). This indicator can be use with other "Hidden Indicators". Indicator Inputs: Depth Deviation Backstep Information on "ZigZag" indicator is available here:   https://www.mql5.com/en/articles/1537 ************************************************************* Hey traders!!  Give me your feeds!  We are a community here and we have the same objective.... make some mo
FREE
Features This EA uses MACD technical. This EA specializes in GBPJPY, so please run the backtest using the corresponding currency. Please apply this EA to the 15 minute chart. This EA divides the position into 3 positions for entry and exit, so it realizes high profit factor and low drawdown. The maximum profit is set at 0 pips(Unlimited). The maximum loss cut is set at 60pips. This EA is highly reliable because it is optimized using TICKDATA. Parameters -----Basic parameter----- magicResistance
FREE
MT Rider
Andrej Kidric
4.89 (9)
MT Rider — Multi Time-Frame Trend Indicator (Free Edition) Important Update for All MT Rider Users We have created an official community space , where all future improvements, upgrades, and additional tools will be released. This includes: ️ upcoming upgraded versions of MT Rider ️ access to the MT4 OneClick trading panel ️ early previews of new tools ️ support and helpful resources ️ direct communication and announcements If you already have MT Rider downloaded here on MQL5, you are wa
FREE
BB Plus Driverは BB Plus !インジケータ をフルに活用していただくためのEAです。 すべての通貨ペア、タイムフレームで利用できます。BB Plus !インディケーターが無い場合は、ボリンジャーバンドにタッチしてからのリバウンドでエントリーするEAとして稼働します。 10年間のバックテストでは、BB Plus ! インジケータを使用しAUDCAD_M15およびGBPNZD_M5に適用した場合に最も良い結果が得られました。スクリーンショットをご覧ください EAとしての基本的な機能を装備しながら、わかりにくい設定を排除し、初心者の方でも簡単にご利用いただけます BB Plus ! インジケータ は1分足から使える高精度のスキャルピング用逆張りサインツールです。 ・すべての通貨ペア、時間足で利用でき、絶好のタイミングでのエントリー・チャンスをお知らせします ・ ボリンジャーバンドにタッチしてからの反転を   基本戦略とし、 独自のアルゴリズムを加えることで、精度の高い反転ポイントでサインを発信します ・勝敗判定機能により 直近の相場環境に対するこのインディケータの
FREE
Th3Eng Panda trend
Ahmed Farag
4.29 (7)
Th3Eng Panda trend  is a powerful indicator that works perfectly for scalping trades as well as swing trades.   Th3Eng Panda trend  is not just an indicator, but a very good trend filter. You can setup it on H4/H1 to Find the main trend and start scalping on M5/m15/m30 Time Frames. Works with all pairs and all Time Frames. Inputs: Section #1 History : Maximum number or bars to draw the last signals. (Default 5000) Draw Candles : Draw red candle when sell signal and green when buy signal. (true
FREE
Colored Line Graph
Igor Semyonov
2.5 (2)
Description This is an indicator that colors market moods on a linear chart in the window of the main financial instrument.  It is useful for determining support and resistance levels.   Purpose The indicator can be used for manual or automated trading as part of an Expert Advisor. For automated trading, you can use values of indicator buffers of the double type:  rising line - buffer 0, must not be equal to EMPTY_VALUE. falling line - buffer 1, must not be equal to EMPTY_VALUE.
FREE
ThreeLine
Jing Zi Yi Teng
5 (1)
Hallo! Ich bin Tatsuron, ein japanischer Privatanleger. Wir verwalten über 1 Milliarde Yen in Forex. Lassen Sie mich einen sehr nützlichen Indikator vorstellen, den ich verwende. The indicator that is the basis of the market price. ThreeLine has improved the Moving Average (SMA) to answer the long-term SMA numerical settings. The more you repeat daily trades and verifications, the more credible the Three Line will be. If the angle of ThreeLine is upward, it will be white. If it faces downwar
FREE
MASi Wave
Aleksey Terentev
4.63 (8)
This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d
FREE
Play past charts and instantly focus on specific time points.   Move the chart to the created focus line to efficiently observe and analyze important time points. Features Instantly move the chart to the focus time point Auto-play allows tracking chart behavior, flow, and pattern searches. Playback Specifications Direction: Past → Future Bars per move: 1 Playback speed: Fixed Pause / Resume during playback END button to terminate the program Operations Crt FocusLine: Create a focus line Position
FREE
AQ CurrencyExplorer
HIT HYPERTECH INNOVATIONS LTD
3.25 (4)
Currency Explorer is the absolute tool for traders that want to know with quantified certainty the currency strength & weakness of each currency and to trade these by using applicable strategies. Our machine learning models run and provide the strength/weakness of each currency based on multiple factors besides price action. It provides the trader with a QUANTIFIED result for the strength of the 8 most popular and major currencies (EUR, USD, JPY, GBP, AUD, NZD, CAD and CHF) with a scale from 0-1
FREE
In the dynamic world of trading, visual acuity is paramount for making informed decisions. For traders who struggle with color blindness—a condition that affects approximately 5-10% of males and a much lower percentage of females—distinguishing between buy and sell signals can be particularly challenging. ​ Recognizing this unique challenge, we are proud to introduce “Open Buy Sell Color”, a MetaTrader 4 script designed to enhance visual clarity for all traders. This tool offers customization o
FREE
Three Fractals demo
Alexander Nikolaev
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
FREE
RootDiamond
Yevheniy Kopanitskyy
Version 4.0 100% free utility + 100% free signals. FREE SIGNALS VIA TELEGRAM  https://t.me/joinchat/Jwa33g_jjsXwE4GrAAjihA Take the signal from the Mailbox and launch the adviser. Use the signal instruction and open a position. Use the lot as described below in the instructions. Close Take Profit. What's new. 4 levels for profit. 5/8/13/21 9 levels of Trail Stop. Manage your profit using a simple interface. DONATE PLEASE  http://paypal.me/mql4Root // ---------------------------------------------
FREE
As the suggested, with this indicator you are able to switch from one symbol or timeframe to another in the same single chart. So forget about opening tons of chart on your screen! It's not designed for ICT or SMC trader, but if you are that kind of trader you still can use it. Imagine you have a strategy containing various indicators and settings, on a single chart you can screen the entry opportunity then move to the next symbol or timeframe.  
FREE
The indicator summarizes all open positions. Settings: HeaderTextColor = Yellow;     // Header text color FooterTextColor = Yellow;     // Text color in totals ProfitColorPositive = Lime;   // Color for gain values ProfitColorNegative = Red;    // Color for loss values SeparatorColor = Gray;        // Color for separators FontSize = 12;                  // Text size LineSpacing = 15;               // Line spacing FontName = "Courier New";    // Font name TableCorner = 0;                // 0: Top
FREE
Hello all. This indicator helps you  to open a trade, when break out occurred, also you can add to your position and ride it if trend continued. I use it on 1-5 min chart, as you can use short stop loss. Also profit target should be small as well. It is better to enter few small position, so you can book some profit early and ride the rest for bigger gains. Look at the past to have a plan. Enjoy. 
FREE
######################################################################################### WeekendGap EA opens pending orders in the first hour of the beginning of a new week. It trades the weekend gap. The pending orders are cancelled within 2 days if not caught. WeekendGap works on most currency pairs, but you may limit yourself to the majors. The lot size is increased automatically based on the MinimumLots, MaximumRisk and DecreaseFactor. #######################################################
FREE
System template
Global Scale Europe Consulting, S.L.
Robot basado en indicadores para realizar operaciones de forma tendencial. Ideal para cuentas de cualquier capital, como un balance mínimo de 100$ Funciona con cualquier Timeframe. El bróker recomendado es Swissquote.  Si desea utilizar el robot le recomendamos que se ponga en contacto con nosotros para asesorarle en la mejor configuración posible del sistema.
FREE
Calendar File Converter This script adapts the csv economic calendar file downloaded from the myfxbook.com portal for use by the Economic Calendar Viewer indicator. This indicator displays on the MT4 chart data about the upcoming current economic event and displays its data. It also notifies you with a sound before the upcoming event time. The read file should be named: - calendar_statement.csv The temporary intermediate file is named: - calendar_statement2.csv The output file is named: - Cale
FREE
Hexa MA
Mohamed Amine Talbi
"The trend is your friend, until the end when it bends". The "Hexa MA" custom indicator is a trend following indicator. It uses 6 Moving Averages to spot the trend and follow, and also to filter the bad signals for the fast Moving Averages. The basic is simple, yet the strategy is powerful. Recommended settings for the indicator : - Moving Average periods : SMA 5, SMA 10, SMA 20, SMA 50, SMA 100, SMA 200. - Timeframe : M15 is the default. But any timeframe can be used. - Currency pair : Since i
FREE
Keltner Extended
Andrii Maron
5 (1)
Classical Keltner Channel Indicator, Extended version. Works on any instruments. It shows Keltner Bands under these parameters:  * periodMa - Period of Moving Average  * periodAtr - Period of ATR (Average True Range) *  atrMultiplier - ATR Multiplier, multiplies range, calculated by PeriodATR parameter  * modeMA - modes of moving average (MA) calculations (Simple, Exponential, Smoothed, Linear Weighted) * modePrice - modes of Price calculations for MA (Close, Open, High, Low, Median, Weighted) T
FREE
FFx Force Index
Eric Venturi-Bloxs
5 (1)
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
Pan PrizMA
Aleksey Panfilov
At the very least, this indicator is able to entertain you. It builds a moving line based on interpolation by a polynomial of 1-4 powers and/or a function consisting of a sum of 1-5 sine curves. Various combinations are possible, for example, a sum of three sine curves about a second order parabola. The resulting line can be extrapolated by any of the specified functions and for various distances both as a single point at each indicator step (unchangeable line), and as a specified (re-painted) f
Hedging and Trailing
Che Jeib Che Said
2.5 (2)
HEDGING AND TRAILING https://www.mql5.com/en/users/earobotkk/seller#products This Expert will hedge your trade position automatically. There are 2 buttons on chart for you to enter a trade. Blue button for buy entry and Red button for sell entry. It also can trail stop all hedged positions. It can also open its own trades with auto entry feature. How It Works :   (1) By Clicking Button. When you found a setup, click the button (blue for buy and red for sell). Expert will immediately open a stop
OsMa TrendSurfer
Augustine Kamatu
This is a free version of the EA  TrendSurfer OsMa  https://www.mql5.com/en/market/product/104264   TrendSurfer OsMa   receives signals from a technical analysis of in-built MetaTrader 4 indicator Oscillator of a Moving Average (OsMA) and then implements   The Quantum Forex Trading System   to generate positive results. Discover: The Quantum Forex Trading System _Mastering the Market with Advanced Algorithms & Multifaceted Strategies_ --- Redefining Forex Trading: In the vast realm of forex, wh
FREE
RSI indicator with signal lines, at the intersection of which a corresponding notification will be issued, which can be in the form of a normal alert, or in the form of a user sound file. The indicator also has the function of sending push-notifications and email notifications at the intersection of these levels. The values ​​of the levels can be set independently in the indicator settings, and, if desired, they can be changed and configured directly in the indicator window. To check the oper
Mega Alert Level
Yaroslav Varankin
Mega Alert Level Indicator: A Simple Yet Valuable Tool The Mega Alert Level indicator provides sound, informational, push, and email notifications when the price of a currency pair touches or approaches standard support and resistance levels, as well as any other objects on the chart you select. Features: Notifications: Customize notifications to your preference—choose between Email, Popup, or Push. All settings are displayed in the upper right corner of the chart. Ease of Use: Simply attach th
FREE
Session Shade
Shunsuke Kanaya
Session Shade (MT4) – Non-Trading Hours Background Shading Overview Session Shade is a lightweight MT4 chart utility indicator that visually highlights non-trading hours by shading the chart background. It is designed to help you confirm your daily time-filter window at a glance. This is a visualization tool only. It does not generate trading signals and it does not place, modify, or close any orders. Key features Shades non-trading hours (NG) on the chart background Keeps trading hours (OK) cl
FREE
The SymbolicTimeFramingUniverse indicator for MetaTrader 4 (MT4) is designed to enhance chart navigation by displaying the current symbol and timeframe as stacked labels directly on the chart window. It provides precise alignment and customization options, including positioning in the center or corners, adjustable offsets, font styling, and layer controls for visibility (such as background placement or color flashing). This tool supports professional trading workflows by ensuring quick identific
FREE
Price Change Indicator Introduction The Price Change Indicator is a powerful tool designed to help traders identify significant price movements over a specified period. By calculating and visualizing percentage changes between current and historical prices, it allows traders to quickly spot potential trading opportunities when markets show unusual volatility or momentum. Features Real-time monitoring of price changes Visual histogram display when changes exceed threshold Text display showing cur
FREE
The indicator detects the direction of the trend and colours the candles on the chart accordingly. Allows you to enter the trade at the beginning of the movement The easiest way to set up the indicator Can be used on any currency pairs, metals and cryptocurrencies, as well as when working with binary options Distinctive features Shows the trend direction Does not re-draw Easy and accurate adjustment; Works on all timeframes and all symbols; Suitable for trading currencies, metals, options a
FREE
Middle Volume
Stefan Stoyanov
3.5 (2)
The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than
FREE
MACD Divergence Lite
Alexander Chertnik
3 (3)
This EA trading by a combination of specific MACD Divergence pattern and indicators signals. Designed to work on EURUSD 1H market. Minimum trading deposit   100 $ .  All trades have fixed   Stop Loss   and   Take Profit . No Grid. No Martingale. Works with high spread This EA operates only once per bar opening.       Fast methods of strategy testing and optimization are valid.      User can test / optimize by model: (control point) / (open prices only) developed and tested from 2005 to   release
FREE
Trend Follower MQLSquare MT4
Maziar Safaeinajafabadi
3 (1)
Choose your desired lot size and profit target, and watch the magic happen ! Introducing the Trend Follower EA , your ultimate trend-tracking trading assistant. This intelligent algorithm tirelessly follows market trends and trades in the chosen direction until your profit target in dollars is met. Additionally, we offer a unique "Single Cycle" option. When activated ( strongly recommended ), the EA automatically removes itself from your chart after reaching its profit goal. It patiently waits
FREE
EA_SMI  is based on SMI indicator. The Stochastic Momentum Index (SMI) is a technical indicator used to assess the momentum and direction of a trend. It is an improved version of the traditional Stochastic Oscillator, designed to provide a more accurate reflection of price changes. Below is an explanation of the basic concepts and usage of the SMI. Basic Concepts of SMI Calculation Method : The SMI measures where the current price stands relative to the range of prices over a specific period, co
FREE
It is a tool to create TRAILING STOP ORDERS. Either BUY and/or SELL After creating stop orders, it will start to trail stop orders step by step. After stop order open, this time it will folllow the buy and/or sell order with TStop with TStep from the  TStop Start point. It can help you to catch the perfect price to enter the market.  Inputs are Stop Type  : Buy Stop - Sell Stop - Both Repeat  : How many times to create stop orders after closing opened one. Points Multiplyer : Multiply all point
FREE
EA Single Moving Average
Muhammad Ridzwan Bin Abd Razak
3.5 (4)
This expert advisor is very simple and easy to understand, it is based on the single Moving Average. The indicator settings is fully customized. Recommended Pairs: - EURUSD  - GBPUSD - AUDUSD - NZDUSD   Expert Advisor Inputs: - Timeframe : Default value = current - Ma_Period : Default value = 50 - Ma_Method : Default value = MODE_SMA - Ma_Applied_Price : Default value = PRICE_CLOSE - Ma_Shift : Default value = 10 - Shift : Default value = 0 - Buffer_Candle : Default value = 1 - Auto_Lot : De
FREE
Swing Reader
Francesco Rubeo
5 (1)
Read Elliott wave principle automatically. With the Swing Reader, you can easily read the Elliott Wave Principle through an automatic system. With swing, we mean a ZigZag market that is created by a breakout of its standard deviation. You can set the deviation manually, or you can let the indicator do it automatically (setting the deviation to zero). Advantages you get Never repaints. Points showing a horizontal line, in which statistically a long wave ends. Candles showing a vertical line in
BE Line by MMD MT4
Mariusz Maciej Drozdowski
Break Even Line by MMD The Break Even line is a useful indicator for people using strategies that allow simultaneous trades in both directions, such as the MMD methodology. This indicator is useful when playing statistical models and averaging positions in accumulation and distribution zones. The indicator draws levels by summing positions in three groups: positions included in BUY, positions included in SELL and all positions included. Functionality description: Show BUY BELine   - shows or
FREE
Bollinger Bands OnOff MT4
Fabrizio Malavasi
5 (3)
The Bolliger Bands On-Off let you control the indicator  using  the keyboard  or a  button . You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments . --->  This indicator is part of Combo Indicator OnOff The Bollinger Bands identify the degree of real-time volatility for a financial instruments . A lower amplitude corresponds to a low volatility, conversely a greater bandwidth corresponds to high volatility. Na
FREE
Trade Assistant MT4 Introducing Tipster Trendlines 2: The Future of Manual Trading is Here! This is a  Trade Assistant for MT4.  Are you ready to elevate your trading game? Tipster Trendlines 2 isn’t just another tool; it’s your ultimate trading companion —designed to empower you, save time, and help you trade smarter. For 9 years, this tool has been a game-changer for traders who value control, precision, and results. Now it’s your turn to experience its magic. What Makes Tipster Trendlines 2 S
FREE
Day Breakout EA
Aleksei Moshkin
3.88 (8)
The automatic advisor works according to a simple strategy for the breakout of the previous day's high and low. In the settings there is a function to reverse orders Reverse, when the maximum is broken, instead of buying, a sell will be opened, and when the minimum is broken, instead of selling, a buy will be opened. Real monitoring https://www.mql5.com/en/signals/833080 Settings Reverse - when the level is broken, orders will be opened in the opposite direction The maximum number of limit o
FREE
Convergence Pro
Todd Williams
4.5 (2)
Convergence Pro is a fully automated expert adviser that uses a model of trading designed to find entries at retraces, retrace extremes, and reversals. A safe multiplier is employed in order to recover unprofitable trades and maximize profit. This EA is always trading, relying on the convergence of trend exhaustion points at multiple time frames to take advantage of reversals.  Convergence Pro is currently designed to work on the M30 timeframe .  Demo signal currently resides here:  https://www.
FREE
Magics Scanner addon
Dimitri Nepomniachtchi
EA   scans trades by magic numbers from trading robots in mt4 terminals. Then it passes the data on trades to   EA`S HOLDER     which filters the entry and exit signals by applying its own filters for opening and closing orders. Thus   EA`S HOLDER    conducts its trading based on the signals of running robots. Opening your own orders. Your trading robots transmit signals to this scanner.   The scanner transmits signals to the senior EA and you have a lot of opportunities.   Such as: - Maintain
FREE
AR Canada Luxe
Aleksandr Lila
3 (2)
AR Canada is a fully automated Expert Advisor. It does not require any adjustments and is optimized for trading USDCAD H1. The product is a free version. It trades only using a fixed lot with the minimum volume. The Expert Advisor DOES NOT use hedging, martingale, grid strategies, arbitrage, etc. It uses a trading algorithm based on the intersection of two moving averages for analyzing the market conditions, as well as support and resistance levels. The Take Profit and Stop Loss values are fixed
FREE
Close All Entry
Afzan Bin Abdul Rahman
-Product Description- This close_all_entry button can use to close all your active entry with profit or lose . Button can't use to delete all your pending order . Just one click can close all active entry , no need anymore to close one by one . Maybe get some delay to close all your active entry . Just trade with amount you dare to lose . o.o.o.o.o.o.o.o.o.o.o.o.o.o.o
FREE
Austin Bands
Augustine Kamatu
Introducing Austin Bands—an innovative indicator designed to enhance your forex trading strategy by applying moving averages to the MetaTrader 4 indicator, Bollinger Bands. Bollinger Bands are a popular technical analysis tool that consists of a middle band (usually a simple moving average), an upper band (calculated by adding a specified number of standard deviations to the middle band), and a lower band (calculated by subtracting a specified number of standard deviations from the middle band
FREE
Forex trading support timer: - This is an indicator that supports a trader's trading process. - Before placing a BUY or SELL order, it is advisable to observe what the current time is like, to get the best position when trading. Function of indicator: - Display information about candle closing time of different timeframes (M1,M5,M15,H1), best used when Scalping. - Show market spreads. - Show TimeZone Trading. - Displays the remaining time of a session.
FREE
input int hlength=85; input int vlength=25; input int DX=-340; input int DY=-80; input string InpDirectoryName="Data"; // directory name input double lots_default=1; input int    pc_times_default=2; input double deposit_minimal=200; input double floating_loss_percent=10; input double margin_occupied=0.2; input int    trade_allowed=1;//0代表测试模式   bool showbutton=TRUE; int tradingnumber=3;//控制买卖交易数量 struct  edit_update { string symbol; int    type; //0代表buy,1代表sell int    magic;//代表magic double
FREE
Parabolic Sar easy mode
MARTIN ANDRES DEL NEGRO
Parabolic Sar easy mode, remake the original p.sar indicator making it more easy to read for novicians traders and experimented traders looking to reduce the time analizing the charts, you can make your own strategy modificating the periods and fusioning it with others indicators like RSI ,stochastic or what you want,its one indicator runs better on high time charts like H4 or D1.
FREE
MA 2 Histogram
Pavel Shutovskiy
4.5 (2)
The indicator is based on two Moving Averages. Its only difference from traditional indicators is that it is presented as a histogram. The histogram has four colors; each color represents a MA with its own period. In case of a descending trend, if a price is lower than a moving average, the indicator displays a value lower than the red zero level. In case of ascending trend, the indicator value is higher than the green zero level. Parameters: Period MA 1 - Period of the first moving average. MA
FREE
WeRiskReward
Anchor Trading S.R.L.S.
3.5 (2)
Simulator for Risk / Reward ratio calculator We-RiskReward is a MT4 indicator made by the We-Trading team to simulate an order with Risk / Reward calculator. Horizontal Lines This indicator show you 3 horizontal lines that are: Open line Take Profit line Stop Loss line You can move the lines and you will see R/R and Lots calculation in real time. You can use it to simulate Long and Short positions. Indicator parameters As input parameters you need to check only the Risk for trade. For e.g. you
FREE
Traditional Moving Average (SMA, EMA, SMMA, LWMA...) is very useful for identifying trends, but what will you do when you want to trade on lower timeframe, and you need to identify the bigger trend by a higher timeframe; Of course, you can make it by dividing your chart in separated windows, but your analytics will not be clear and intuitive ... That's why we build the Multi Timeframe Moving Average indicator. With Multi Timeframe Moving Average ( MTF_Moving Average ), you can determine the Mo
FREE
Discover: The Quantum Forex Trading System _Mastering the Market with Advanced Algorithms & Multifaceted Strategies_ ---This system requires you to install  https://www.mql5.com/en/market/product/104637  for trading signals to be generated. Redefining Forex Trading: In the vast realm of forex, where uncertainty is the only certainty, what if you had a tool that seamlessly combined the best trading strategies into one efficient system? Enter the Quantum Forex Trading System — a harmonious blend
FREE
This MQL4 code is a custom indicator that draws multiple colored rectangles on a chart, spaced apart by a defined pip distance, and projected into the future. Here's a brief breakdown: Purpose: Draws several horizontal rectangles (zones) starting from a specified price. Rectangles are spaced apart vertically by a pip distance. Colors alternate between FirstColor and SecondColor . Rectangles can be drawn behind candles and optionally filled. Each rectangle extends into the future for a specified
FREE
MASi Wave Histogram
Aleksey Terentev
5 (1)
This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d
FREE
Pivot Candles
Dmitriy Zaytsev
The indicator is designed to determine the pivot level for a group of candlesticks and the trend direction. no repainting calculation is done on an active candle if candlesticks are above the main line, the trend is upward if candlesticks are below the main line, the trend is downward breakdown of the main line signals a trend change or a price rebound two display modes, normal and with acceleration (ModeLite) an auxiliary line displays the resistance line Configurations BarsHistory - how many
FREE
Hidden Stochastic
Christian Ricard
4 (1)
This indicator allows to hide Stochastic  oscillator  (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: % K Period % D Period  Slowing Apply To Method Information on "Stochastic Oscillator" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/stochastic_oscillator ************************************************************* Hey traders!!  Give me your
FREE
The indicator is designed for intraday trading. Equipped with all notification functions for convenience in manual trading. It is recommended to use timeframes m5, m15, m30. You can also view and select settings for any financial instrument. Settings: Indicator period - Indicator period Alert - The function of enabling alerts. Push notifications - Enabling Push notifications to the mobile terminal e-mail - Sending a signal to e-mail In addition to this product, I recommend looking at my othe
FREE
Trend directional oscillator with additional flat filtering It helps to quickly navigate when changing the direction of price movement and is painted in the appropriate color You can conduct trend and counter trend trade It works on all timeframes, on any currency pairs, metals and cryptocurrency Can be used when working with binary options Distinctive features Not redrawn; Flat filtering - when the histogram is in the yellow zone; Simple and clear settings; It works on all timeframes and on all
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 desig
FREE
SFT Full OsMA
Artem Kuzmin
4 (1)
A classic indicator with advanced features for more accurate display of the market situation. All settings of all moving averages are available, such as the moving average type and the priced used in its calculation. It is also possible to change the appearance of the indicator - line or histogram. Additional parameters provide the ability of fine tuning. Distinctive features Does not redraw. Additional parameters for fine tuning. Displayed as a line or as a histogram. Works on all timeframes a
FREE
Vik Standart
Ivan Kopchuk
4.33 (6)
Features: 1. Your constructor strategies. 2. Large selection of standard indicators. 3. Exact market entry according to your strategy. 4. Slip filter. 5. Support for four and five characters. 6. Trend trading. 7. Trading in flat. 8. Minimum deposit. 9. Aggressive or quiet trade. 10. Limit the lot. 11. Position tracking. 12. Restoring balance after loss. Input parameters    Lot - fixed lot size.    StopLot - lot restriction.    UseVxod - enable / disable login pattern.    UseStop -
FREE
Scalping GBPNZD
Corentin Petitgirard
This versions is free because a dangerous strategy is used.   If you want to see my full and best product (not dangerous), check it out :  https://www.mql5.com/en/market/product/82662 I'm sharing with you a  scalping strategy  who is designed especially on GBPNZD  timeframe M5 . Scalping GBPNZD is a scalper who is not spread sensitive. Scalping GBPNZD 's backtest is around 70% of winrate. Scalping GBPNZD is very easy to use. Scalping GBPNZD is using a dangerous strategy. Scalping GBPNZD is a
FREE
Gmgs PRO
Usama Yasir
3 (3)
GMGS PRO – Adaptive Strategy for Consistent Performance GMGS PRO is designed to follow market structure and trend behavior with advanced trade logic aimed at minimizing drawdown and managing risk effectively. It focuses on steady growth using reliable currency pairs with optimized parameters for long-term use. Strategy Overview Trading Style : Trend-following with risk-controlled trade entries Recommended Pairs : GBPUSD, EURUSD Timeframe : M15 or H1 (H1 preferred for lower risk) Lot Size : 0
FREE
BALANCE GUARDIAN is a software to support traders who wish to set profit and maximum loss targets for their trading accounts. developed for MT4. Once BALANCE GUARDIAN is activated, the user will be able to set the maximum acceptable loss as well as their own profit target - upon reaching either one, the software will proceed with closing all open trades and subsequent deactivation of autotrading in case any Expert Advisors are active. PLEASE NOTE: The software's sole purpose is to provide the
FREE

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