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Paid Expert Advisors and Indicators for MetaTrader 4 - 202

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.
Amok
Andrey Kozak
Amok is a fully automatic trading system that was developed for trading on the EURUSD currency pair, H1 timeframe on micro accounts. Nevertheless, as practice shows, this trading system works well in other currency pairs. Principle of work of the trading robot Amok In the algorithm of the robot, there are more than 7 different trading strategies. This was done to ensure that the robot could work more stably in different market conditions. The program part of the robot uses 12 different indicat
This tool simplifies routine trading tasks (like opening market orders, setting up pending orders, closing of all orders and orders by parameter), helps to control losses by use of break even stop and trailing stop, and adds a little bit of cyber punk edge to your trading Control Elements Left side of the panel includes: order counter (shows the number of orders); connection status sign (notifies if connection is lost); trade permission sign (notifies if autotrading permisiion is turned off);
The next version of the indicator based on the range of previous day. Considers a difference of time zones. By default works the time zone of the broker. Can work on time zones: Greenwich, broker or local.  It can be applied only on timeframe from H1 below. If the day range of new day is lower minimum, then minimum is transferred from ranges of previous day symmetrically concerning the line of closing previous day (optionally, look Input parameters ). Screenshot 1: operation of the
Grid Primordial   The Expert Advisor uses the readings of two indicators RSI and Moving Average as signals to enter the market. The market is entered with a market position and a grid of Buy Stop or Sell Stop pending orders. Orders and positions have physical profit and loss levels. The EA implements the method of locking positions that have not reached the level of loss limitation, while using the second profit level specified in the deposit currency. Description of settings RSIPeriod - avera
Entropy
Segun Oladipo
3.67 (3)
Entropy is an expert advisor with artificial intelligence that has the ability to self-learn and adapt to the constant chaos and disorderliness in the market. Entropy algorithm was developed in a way to ensure minimal human input or intervention to determine the in-coming market sentiment and price action that is extremely hard to pick by human eyes or manual trading. The strategy and method in which Entropy is based on comply strictly to the core rules of trading and has an edge in its simplic
Parabolic SAR plus
Claus Dietrich
5 (1)
Parabolic SAR plus is a simple indicator that lets you know when the Parabolic-Sar might turn its direction. For long-term-trends activate an moving average and set a trend-value in these indicator Notice comes via screen-alert, email and notification Filter MA, MA-Channel (high / low) Alerts alert, push-notification, arrows, send email Advantages Signal after close, no repaint, no cross-over signal best Timeframes: H1 all Major-Forex-Pairs Send custom email header Important rule Look for an ins
This indicator for MT4 is the pro version of the REX family. Perfect for beginners and intermediates. REXpro is 100% non repaint and can be used on every timeframe. The strategy is based on a mix of different strategies, statistics, including pivot points, oscillators and patterns. It is an independent strategy that is not based on any custom strategy online. As the trading idea consists of a variety of some classic indicators like CCI or Stochastic, it is clear that the fundamental indicators h
Night Envelopes
Alexander Nikolaev
This trading adviser is designed for trading during a low volatility, when the majority of the population sleeps or rests. You can set up any trading hours (for example, from 23 pm to 9 am) and the closing hour of all open trades. Can make no more than 2 transactions in one direction, so that it is not critical for the deposit. To open trades uses the lines of the indicator Envelopes. When testing and trading on the standard settings, be sure to optimize the trading time and transaction closin
Volume Strength 28
Nesimeye Oswald
3.75 (8)
Version 1.6 ! Volume Strength 28 is better , easier to use and more awesome ! Based on complaint we got from the reviews, we understood many don't know how to really use the time frame setting on the input menu thus they have complaints of volatility, thus we have designed an Automatic Time Frame selection system that is suitable for novice traders.! The design of the indicator has been changed along with some calculation metrics. Based on complaints of high volatility we have been getting ,we h
EA Sato MT4
Ruslan Pishun
1 (2)
Sato  - smart automatic trading robot, which makes trend transactions using up to 15 trend indicators. The robot is developed on the basis of a real trading strategy. Very easy to configure, does not require special knowledge. You can quickly start trading using the default settings. The robot is optimized for 26 currency pairs and does not need optimization. Stop-loss and take-profit are established for each order, and also various methods of order modifications are used. Monitoring :  https://
RSI Mashka
Oleg Prokhorov
The trading robot RSI MAshka is designed primarily for committing rare, but fairly accurate transactions for the sale of EURUSD. The main idea is to determine the moments of the market drop and calculate the conditions for entering the sale. To find the conditions for entering the market, the system is equipped with 7 indicators of two types , the analysis of which occurs on 3 timeframes . These are oscillators and trend indicators. The trading robot did not require an account type, and can work
IdeaClassic
Andriy Sydoruk
Экспертная система IdeaClassic создана для спокойной торговли на рынке. Основная ее задача - работа с одни ордером без увеличения лота с обязательными стопами, причем стоп-лосс и тейк-профит должны быть одного порядка. Также есть возможность использовать трейлинг-стоп. Для формирования входного сигнала используется индикатор IdeaTrend . Для анализа данного индикатора используется функция, которая может анализировать данные индикатора комплексно. Анализируется до десяти последних сигналов от инди
ForexNewsTrader
Viktor Shpakovskiy
EA is intended for trading on news only. News appear on the chart in the form of text messages and vertical lines. When the price approaches this line, the adviser places pending orders for purchase and for sale. If the "Modify pending orders" function is enabled, orders will move behind the price (up and down) and stay at the set distance from the price, which will not allow the order to worked ahead of time, before the news releases. If, after the news release, not one of the orders has not wo
AutoManyToolsCCI14
Aleksander Chernov
Основная идея - распределение баланса для торговли на большом количестве валютных инструментов . Это позволяет отслеживать большее количество движений цены на рынке и извлекать из этого большую прибыль. Используется индикатор CCI (14) на таймфреймах H4 и M5 , фильтры: по минимальному лоту, по спреду. Встроена функция защиты депозита от потери ( ALARM_STOP_Eqyity ) и ограничивающие торговлю параметры ( Min_Proc_Sv_Sr и ALARM_Proc_Sv_Sr ). Автоматически рассчитывается для каждого инструмента: торг
This expert Advisor is a more developed version of  News Hunter Bot OneTime . The EA places pending orders BuyStop and SellStop before the news release at a specified distance from the current price. The date and time of the news release is set in the EA parameters for a few days in advance. In total, you can set the time for 20 news. Also, the EA indicates how many minutes before the news you need to place pending orders and after how many minutes you should remove pending orders that have not
Evanix
Dmitry Shutov
Общие сведения Для начала торговли достаточно небольшого депозита. Подходит для мульти-валютной торговли. Не зависим от качества соединения и торговых условий. Мониторинг моих счетов : https://www.mql5.com/ru/signals/author/mizrael Принцип работы Эксперт открывает ордера по встроенному индикатору. Если прибыль ордера больше значения параметра Profit в пунктах графика. Данный ордер закрывается и открывается новый в противоположном направлении объёмом Lot . Если прибыль ордера меньше значения па
The indicator analyzes the change in the minimum and maximum prices of the previous bars fixing the entrance of the big players. If the change (delta) increases, a signal is displayed on the graph in the form of an arrow. At the same time, virtual trade on history is carried out. In case of a repeat of the signal, the positions are increased (refilling). Thus the lot of positions can differ. The results of virtual trading in the form of losses / losses, profitability, drawdown and transaction li
Simple indicator designed to send alerts to email and/or mobile (push notifications) if the RSI exceeds the overbought/oversold limits configured. Explore a series of timeframes and preset FOREX symbols , take note on those crosses where limits are exceeded, and send grouped notifications with the following customizable look: RSI Alert Notification Oversoldl! EURUSD PERIOD_M15 14.71 Overbought! EURTRY PERIOD_MN1 84.71 Overbought! USDTRY PERIOD_MN1 82.09 Works for the following periods : M15, M3
THeMindTheLines
Torsten Hempel
5 (1)
This EA keeps an eye on drawn lines and opens orders according to a specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draws lines automatically. OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL objects will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right,
A Utility used for accounts with multiple open positions with Magic numbers added via Expert Advisors or manually. The Utility closes specific Magic number open positions when a certain profit in currency $ has been reached. The Utility also closes specific Magic numbers open positions with a break-even feature when the Expert Advisors or manually a certain amount of open positions has been placed. The Utility also closes all buy stops and sell stops when the "Take profit sum $" has been reache
Digital Experts
Mohamed Nasseem
DIGITAL EXPERTS EA is a tool designed to assemble five of our digital experts into one expert as follows: MILCH COW HEDGE EA is primarily a Hedging Strategy. Expert support is to seize every opportunity in any direction. Not just opens the deals, but chooses the right time to close the open positions to begin trading again. MILCH COW MIX EA is primarily a Hedging and Multiples Strategy. Expert support is to seize every opportunity in any direction. Not just opens the deals, but chooses the right
Doji Engulfing Paths
Boubacar Tidiane Traore
Presentation Doji Engulfing Paths enables to get signals and data about the doji and the engulfing patterns on charts. It makes it possible to get opportunities from trends, and to follow the directional moves to get some profits on the forex and stocks markets. It is a good advantage to take all the appearing opportunities with reversal signals and direct signals in order to obtain some profits on the forex market. System features With fast execution, it allows to register directly the inform
WeSpread
Anchor Trading S.R.L.S.
The We-Spread mt4 indicator is a spread trading tools and it is suitable for those who want to study the markets with a different approach to the contents that are normally available in online trading bookstores. I think the Spread Trading strategy is one of the best I've ever used in the last few years. This is a unique indicator for spread trading because allow you to study till 3 spreads in one time. What is Spread Trading on forex The Spread Trading is the study of the strength of 2 currency
OpenOrders
Andrey Chiganaev
The script allows you to quickly and easily open trades (place orders) on the market. Features Buy and sell at a market price; Place pending orders: Buy/Sell Limit and Buy/Sell Stop; Open a trade with a custom volume; Calculate and set TakeProfit; Calculate and set StopLoss; Auto defining the number of decimal places; Auto defining a symbol the script has been applied to. What you get with the script Ability to calculate each trade instantly; Ability not to enter all calculated values manual
FOREX EDGE EA is an Expert Advisor that uses two Moving Averages as a signal to enter the market. It compares two Moving Averages of different periods and enters the market in the following ways: • Mode Cross: BUY when Moving Average Fast crosses over Moving Average Slow - SELL when Moving Average Fast crosses under Moving Average Slow; • Mode Simple: BUY when Moving Average Fast is higher than Moving Average Slow - SELL when Moving Average Fast is lower than Moving Average Slow; • Mode Manually
Athekros
Jacob Zerella
Introduction to Athekros The development team has a finance and risk management background and for this reason the EA exploits main financial theories in order to trade. The trading system has been built with a primary goal: replicate the strategies of investment funds exploiting the accessibility of retail trading systems. For this reason performance are designed for longer time horizons. You do not need any knowledge, use default settings and no pre-optimization needed since optimization is no
Cobra FX
Anton Kilin
The updated adviser Cobra , trading in a unique strategy, which has been rewritten for almost 10 years under the modern requirements for market conditions, has changed the way of trading from limit orders to market ones, while maintaining the principles of the classical strategy. The strategy is based on the calculation of the price deviation and the return to the average with several parameters taken into account. In trade, entry is used by orders in the market with a strong deviation of the pr
Price Volume
Ahmet Metin Yilmaz
This indicator calculates price movement with the Volume. The Volume indicates the number of deals in the desired period, but does not show number of contracts per deal. From this point of view, the tick does not reflect the true volume. However it is a valuable demand indicator. Volume and price are calculated with a special formula. There are 3 input parameters EMAPeriod: Price and volume data are calculated using this period of Moving Average first. DEMAPeriod: Results of first EMA, recalcu
Intra Day Scalping EA
Oliver Gideon Amofa Appiah
The EA trades according to the specified trend. It only opens trades in the direction of the trend and changes direction once that trend changes. It has recovery function to offset any of the trades that goes into negative, seeking to close all in some profit or breakeven or minimal loss. Settings can fully be customized, whether for scalping or intraday purposes. DEFAULT SETTINGS OPTIMIZED FOR EURUSD, EURJPY and EURGBP. When testing, make sure the spread is not abnormal. The EA is versatile and
Xlesia Ultimate
Yosafat Supono
This EA works when a big trend occurs and awaits the right moment of correction. It can run on more than one currency pair. Stop loss always exists. This EA passed backtest from 2000. One thing to note, this EA is sensitive to wide spreads, that is why this EA uses the spread filter. Recommendations Pairs EURUSD GBPUSD Timeframe M1 M5 M15 (best result) ECN is strongly advised. Minimal balance is $100. I recommend running it on VPS but you can also run it on your PC. Parameters Period = 5 (1-
Striker
Andrey Kozak
Stiker is a robot capable of trading in automatic or semi-automatic mode . If auto=true in the robot settings, the robot automatically opens and closes orders on its own when a signal appears. If auto=false, the robot analyzes the market and shows signals on the screen, while a trader manually confirms opening or closing orders by clicking the Open Buy and Close Order buttons. This is done to enable traders make trading decisions themselves. This reduces the trading risk. Striker is a smart syst
The indicator is a modification of RSI Alerts . However, it does not have a separate RSI indicator window. Instead, it uses signal arrows on the price chart. This saves space on the symbol chart, without affecting the quality of received signals and alerts. Similar to RSI Alerts, the indicator can generate sound alert, send push notifications and email messages, as well as draw signal arrows. The display of arrow can be disabled. If the arrows are enabled, they only display the signals chosen in
The indicator paints the candlesticks in colors of volumes depending on the market situation. Along with candlestick coloring, you will receive alerts in the form of a regular alert. Red candles indicate the end or beginning of a downtrend or the end of a correction during an uptrend. Green candles mean the beginning or end of an uptrend or the end of a correction during a downtrend. Yellow candles represent the lack of interest on the market and a possible beginning of a flat. Blue ones have an
Doma
Ahmet Metin Yilmaz
Differences of Moving Averages This indicator plots short term trend with two moving averages difference and its signal line. Best result at 5 min chart in default parameters. There are 7 extern input parameters: MaShortPeriod: period of the first MA. MaLongPeriod: period of the second MA. ModeDoMA: DoMA method. ModePrc: MA price mode. SignalMaPeriod: Period of Signal MA. ModeSma: Signal MA mode. LabelLevel: Horizontal line level on display. Default parameters can be changed by user.
This indicator draws Horizontal Support and Resistance automatically. It works with any symbol and any timeframe. Stronger Support Lines are displayed in thicker green horizontal lines. In the same way, Stronger Resistance lines are displayed with thicker red lines. Change the timeframe to display the Support and Resistance Lines of various timeframes.
Indicator builds the following historical week levels: Resistance Levels  — a price level above which it is supposedly difficult for a security or market to rise: R3 Week  — weekly resistance price #3; R2   Week   — weekly resistance price #2; R1   Week   — weekly resistance price #1; Support Levels   —  a price level below which it is supposedly difficult for a security or market to fall. S1  Week  — weekly support line price #1; S2   Week  — weekly support line price #2;  S3   Week  — weekly s
Indicator builds the following historical month levels: Resistance Levels  — a price level above which it is supposedly difficult for a security or market to rise: R3 Month  — monthly resistance price #3; R2   Month  — monthly resistance price #2; R1   Month  — monthly resistance price #1; Support Levels   —   a price level below which it is supposedly difficult for a security or market to fall. S1 Month  — monthly support line price #1; S2  Month  — monthly support line price #2;  S3  Month  —
This indicator is designed for monitoring RSI levels on the current and higher timeframes. The control panel is user friendly and consists of buttons, with which you can control the display of lines as per the names of the buttons. The button color matches the line color. Parameters "___| Settings of the main indicator " RSI Period - averaging period for index calculation (default is 14); RSI Price type - price used for calculations (default is the Close price); "___| Color palette " Text colo
OnixPoint
Jhonsep Lopez
The OnixPoint indicator efficiently detects the most appropriate entry in trend with the shorter stoploss. It is based on finding patterns of tasset trend change with respect to future price estimate. It works for any currency pair. The indicator is designed to facilitate decision-making at position entries. The development team is constantly improving the functionality of the indicator. Benefits of the Indicator Does not repaint. Works on all currencies. Works on all timeframes. It's easy to
Indicator builds the following historical day levels Resistance Levels — a price level above which it is supposedly difficult for a security or market to rise: R3 Day — daily resistance price #3; R2 Day — daily resistance price #2; R1 Day — daily resistance price #1; Support Levels — a price level below which it is supposedly difficult for a security or market to fall. S1 Day — daily support line price #1; S2 Day — daily support line price #2; S3 Day — daily support line price #3; Extremes Level
The indicator calculates the historic price statistics: the number of intersections of a level and the number of rollbacks. The levels are set as horizontal lines (the 'Horizontal lines' element on the Toolbar) manually, are are drawn automatically by the indicator with the specified step. Only strong levels are drawn in the automated mode. There are two options for the automated mode: 1. Strong levels of intersection and support/resistance; 2. Strong support/resistance levels. The indicator use
Gap EA
Yuriy Kuzmin
Gap EA is an automated trading system, which uses regularities of a price gap closing. It is known that in about 90% of cases the gaps are likely to close, i.e. the price almost always approaches to the close price of the previous bar. The Expert Advisor utilizes this principle. The robot tracks the gap and places an order with a take profit at the extreme of the gap, with a small stop loss. Parameters MAGIC - magic number for the EA's orders Lots - traded lot size Stop - fixed stop loss in po
This is a fully automatic EA based on price fluctuation, it uses principle of special recognition of price and balance. The parameters are simple and adaptable,the EA can deal with shock, trend, data, news and other types of market, and the performance is stable. Run timeframe: the results are the same in any period. Execution demonstration of the EA can be viewed in the links below: https://www.mql5.com/zh/signals/470101 Requirements and suggestions Please use this EA on EURUSD H1 timeframe,
Magic Balance
Daniil Evstratenko
The indicator shows which trading pairs, strategies, robots and signals that you use are profitable and which are not. The statistic of trades and balance graph are displayed in the account currency and pips - to switch simply click on the graph. button "$"(top left) - minimize/expand and move the indicator panel button ">"(bottom right) - stretching and resetting to the original size Statistic of trades 1 line - account balance, current profit and lot of open trades; 2 line - the number of al
Account Copier
Vladimir Pokora
This utility copies the trades between MT4 on one computer. It also supports partial closing trades. Parameters ID - is not required. If you want to use multiple MASTERs on one PC or on one MT4, each MASTER must have a different ID (alphanumeric). Then SLAVE must have the same ID as the MASTER. Mode MASTER - for a provider account; in this mode, the tool transmits trades from the master account. SLAVE - for a recipient account; in this mode, the tool receives the data transmitted from the mast
Daily Average Retracement Dashboard is an indicator that allows you to monitor multiple currency pairs at one time. This indicator is mainly for strategies that trade price retracement based on Resistance 3/4 or Support 3/4. After applying this indicator to the chart window, it will hide the chart and display the currency pairs in a table form. There are several data shown on the table that will help trader know when to analyze the currency and do trade using retracement. The indicator will show
IdeaIlan
Andriy Sydoruk
5 (1)
IdeaIlan expert system applies IdeaTrend indicator. The EA applies the martingale principle. The EA allows trading in two directions simultaneously. It also has a full set of tools allowing the EA to follow a trend and add to a position if the trend moves in unfavorable direction. The EA correctly handles errors and reliably works with a deposit of 10 000 USD and higher. M5 and higher timeframes are supported. Stop levels and trailing stop are applied. Parameters Magic - magic number; Requotes
Most professional traders declare strict compliance with risk management. This simple tool allows quick calculation of trading lot size in accordance with the following basic risk management rules: The maximum allowable risk is set as a fixed percentage of the account deposit (for example, 1-2%). The risk is measured as a distance in points between the order opening level and the stop loss level. It is always difficult for beginners to calculate trade lot based on the risk value, so this indicat
Junior Trend
Stanislav Ivanov
Expert Advisor that uses breakthrough strategy to open positions. The EA allows one trade at a time(per currency pair), so there is no additional risk for the user. It offers Money Management Systems(MM) - AutoLot based on account equity and,of course, manual lot size set up. On further updates the Money Management strategies would be expanded. All parameters are optimized. Hour Selection Mode - When desired, user can easily set up hours of non-trade. Lot Management : Two setups available for m
POC line
Mikhail Nazarenko
5 (2)
Индикатор POC line автоматически находит накопления крупных игроков и отображает структуру перетекания объемов, в виде линии проходящей по уровням Point Of Control (POC) - максимальных горизонтальных объемов. Незаменим для торговли на рынке FOREX. Применение Уровни установки лимитных ордеров Уровни за которые прячут стоплосс Для переноса стоплосса в качестве трала Установите индикатор на любой график, и он самостоятельно найдет и выделит уровни Point Of Control свечных флетов и накоплений. Рас
MMM Bollinger Bands Trands strategy: This EA has a built-in Bollinger Bands Trend indicator that checks the prices trends everytime and opens and closes new orders at the right time; Recommended for beginner traders because the default input values are optimized to work with acconts with ballance as low as US$ 100 ; It protects your profit because it is provided with Trailing Stop Loss, Minimum Equity Percentage to allow any trade, Maximum Spread alowed and you can also define the bad time to tr
Fibo Bands
Igor Semyonov
5 (1)
Fibo Bands is an innovative indicator and an analyzer for trading in the current trend direction. The indicator builds a Fibonacci channel (bands), and consists of a trend line (middle line), channel bands, colored bars and reference information. After completion of the current bar, the trend line, the channel and the color of the bar are not redrawn. However, the channel width can be changed after a reset or restart of the indicator depending on volatility. The channel is built in accordance wi
Shadow Effect
Vladimir Gribachev
This non-indicator trading strategy searches for the candles having wicks exceeding the candle body. The strategy is somewhat similar to trading by Pin Bar pattern. The EA buys when the lower wick exceeds the candle body and the upper wick. The minimum candle body size is set as % of ATR. The EA works by a new bar open prices, so that test/optimization results are as close to real trading as possible. The EA applies dynamic order placement levels, stop loss, take profit and trailing stop level
Muholov Trend Trader
Alexander Chelovechkov
Multicurrency trend advisor. Analyzes and trades up to 300 trading instruments simultaneously. Always follows the trend. 4 timeframes are taken for analysis: W1, D1, H4, H1. The main trend is determined by the highest selected timeframe (W1, D1, H4 - selected by a trader in the settings). Transactions open with a signal on H1. Closing orders takes place by take profit or by chains, when the specified profit of the chain is reached (specified in the settings). Parameters LotSize - base trade lo
Great Ox EA
Hatem Koshok
Great Ox EA is a fully automated EA that works on both Classical and ECN accounts. It is programmed to use various trading systems, such as trending, hedging, neural network, etc. SL and TP are always present. The expert strategy is to collect the previous trend data of the pair then to try to match the previous trend with different strategies like hedging, neural network to get the optimum place for the orders. Meanwhile a neural network function is present to determine if the current trend is
Versatile
Andriy Sydoruk
Versatile expert system follows the principle "stay in the market for as long as possible". The main indicators are Moving Average and Relative Strength Index. The EA supports working in two directions simultaneously both following a trend and against it depending on the settings. A limited number of orders LimitOrders is used for operation. The EA correctly handles errors and reliably works with a deposit 1000 USD and higher. M5 and higher timeframes are supported. The EA has very flexible sett
The Indicator automatically draws trend lines ( Support & Resistance Lines) when attached to any opened chart with any time frame. Button controls with on(green)/off(red) are provided to display the Support & Resistance lines of short, medium, long, very long, v.v.long trends. For ex: to display only short, long term trend lines, make sure that the short and long buttons are in green color and the remaining 3 buttons in red color.
This utility provides a very intuitive, versatile and helpful visual display of the live trades in a chart window - particularly good if you have a basket of live trades. How to use The program runs as a Non-Trading Expert Advisor - it is not an indicator. Therefore it should be placed in the Expert Advisors folder and then attached to a separate chart window, maybe stacked in front of your live EA trading window - see screenshots for many variations. Or you could trade manually in the Dynamic
Carousel
Andriy Sydoruk
Carousel expert system compensates drawdowns. The main indicator is Divergents . The EA allows working in one direction (for example, sell order series), while another direction (for example, buy order series) is in drawdown (compensation mode). If series in both directions operate in normal mode, the system does not switch to compensation mode. If a drawdown is detected in one of the directions, the EA goes into the compensation mode and starts compensating the loss-making series by the profita
The indicator calculates the number of times the price crossed the levels and bounced off the levels in history. The levels are defined by horizontal lines (Horizontal lines element from the Toolbar). In the free version, the levels are set manually. To calculate the number of crosses and rebounds, the indicator uses the specified tolerance to touching a level. This tolerance is sensitive to the timeframe of the bars. For example: for M5 use a tolerance about 10 pips, for М30 - 30 pips, for D1 -
Growth and Balance indicator designed to visually display the results of user's trading directly in the MT4 terminal without using external services and programs. After a long analysis, I came to conclusion that online resources for calculating the drawdown of trading accounts cannot reliably display the Equity that really was on traiding account in period before the system connect to these resources, therefore, the data for calculating income / drawdown isn't displayed correctly. Growth and Bal
NC Crazy Line EA is an automatic Expert Advisor based on RSI and moving average. An order is placed when the moving average and RSI have a short-term breakout signal. If a false breakout occurs, new orders are opened when the loss reaches the specified stop loss in pips. Set the stop loss range by yourself and the risk is more controllable The risk level can be flexibly set. Of course, risk and profit are often proportional too. The minimum required deposit is $1000, but it is recommended not to
The Long Term EA is a fully automated EA that is designed to trade on the Long Term using various strategies like trend trading and hedge at different timeframes. It may take some time to take a trade. SL and TP are always present. The Expert's strategy depends on the trend, where it takes positions along a cycle of price movements, either upward or downward. The stop loss is set to buy or sell orders as a security measure in case the price moves below or above a certain predetermined levels. In
Candle GAP
Thushara Dissanayake
The Candle GAP indicator is an essential tool for traders utilizing Gap Trading Strategies as it automatically identifies candle gaps for each day of the week. A gap refers to a price level difference between the close and open of two consecutive days. This indicator recognizes four types of gap patterns: Common, Breakaway, Continuation, and Exhaustion. By incorporating this indicator into any chart, traders can validate their signals and enhance their trading decisions. One of the key features
Unicorn
Vladimir Gribachev
The strategy is based on working with the channel built by weighted average OHC and OLC prices. Entries are performed automatically both for a breakthrough and a roll-back. The EA works by a new bar open prices, so that test/optimization results are as close to real trading as possible. It applies dynamic levels for setting new orders, stop loss, take profit and trailing stop invisible for a broker. Their values can be calculated in pips, money, % of the balance or by volatility (ATR). The EA
Moving Average Proximity Alert Multiple Pairs Moving Average Proximity Alert Multiple Pairs is a 25 pairs multi-timeframe indicator which can trigger the alarm when the price approaches the moving average (MA) alert zone. Features: Can monitor 25 currency, index, stock, crypto, metal, commodity pair’s moving average.  The names (Symbol_01, Symbol_02, ...) must be exactly the same as they are displayed in the "Market Watch" window. Some brokers have non-standard names, such as "EURUSD.pro"
The Yellow mouse manual tool is designed for manual trade management based in the 'EA Yellow mouse scalping' strategy. Trading time and direction are selected using on-screen buttons: "Trade" (allow trading), "Buy" (only allow Buy trades), "Sell" (only allow Sell trades) and "Close" (close all trades). After that the utility will trade in the selected direction with specified settings. When orders are close in any way (by take profit, stop loss or for any other reason), the "Trade" button change
Harmonic Trading is now much easy than ever before with Harmonic Master Scanner Pro you can now scan time frames from 5m to 1w for 17 harmonic patterns on all bares at the same time. Harmonic Master Scanner Pro works based on original MetaTrader4 Zigzag indicator and the standard harmonic patterns elements. This software send alert and email to you when a harmonic pattern is detected on any charts. If you want the scanner to draw the pattern just switch the time frame to the alert time frame. Th
The Expert Advisor is a great tool that allows you to control your trade with ease and precision. The tool can be moved in the graphs and offers the following characteristics: Instant order entry with a single click. Entry of pending orders using price tags and trend lines. Instant order closure with a single click. Instant order closure using trend lines as output levels that the broker can not see. We can modify the way to enter and exit the market, allowing us to choose the way to do it. Fo
VoMa
Ahmet Metin Yilmaz
Variation of Moving Averages indicator is calculated as the difference between different periods of moving averages. Obtained result filtered by another MA. It displays more precise signals of divergences between prices and the value of the indicator. It emphasizes price extremums more precisely, it moves faster. There are three inputs FastMA: Default is 13, shows MA period. SlowMA: Default is 21, shows MA period. SignalMA: Default is 8, shows MA period. It basically detects the trend, advised

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