Trading utilities for MetaTrader 5 - 7

CALCULATE YOUR LOTSIZE RIGHT HERE ON METATRADER!!! Hello, traders. Are you are a risk management-oriented trader? If Yes, then this is for you. My name is Ibrahim, I have developed a tool that can help you calculate your lotsize based on your risk percentage relative to your account balance. This tool can also help you to calculate your lotsize if you have an absolute value you wish to risk instead of specifying your risk in %. For example, you can specify that you wish to risk $100 from your

Phoenix Breakeven Button (MT5) One-click stop loss adjustment tool for MetaTrader 5. Moves all open positions to breakeven with a single button press, eliminating downside risk once trades are in profit. Purpose Manually adjusting stop losses across multiple positions during active trades wastes time and creates hesitation. The Phoenix Breakeven Button provides instant risk protection, allowing traders to lock in safety with one click once price moves favorably. When pressed, the tool ident

Ping: Your Indispensable Tool for Reliable Trading Your internet provider and VPS promise a stable connection, but can you really trust them? In a world where every millisecond counts, a slow or unstable connection can result in missed profits or losses. Ping allows you to: Make Informed Decisions: Visually compare the speed of different VPS servers and brokers to choose the fastest and most reliable connection for your strategy. Eliminate Risks: Especially useful for scalpers and high-frequency

[ MT4 Version ] [ Discord Signals ]  MT5 to Telegram Signals Connect your broker account with Telegram and stop missing important notifications.  Would you like to receive Telegram   notifications? Are you looking for a simple way to share trade signals with your followers? Do you need to start documenting your trades with an automated trading diary? This utility is simple to use and supports a wide variety of settings: Pick your desired Telegram   group and enter the bot token and the chat id G

Prop Assistant – The Ultimate Trading Tool for Prop Firm Challenges Are you preparing for FTMO or other prop firm challenges? Prop Assistant is the smart trading companion designed to help you pass with confidence and stay funded! Key Features: Max Drawdown Control: Automatically stops trading or closes all positions when your maximum drawdown is reached. Daily Profit & Loss Management : Set your daily profit/loss limits and let the assistant manage your risk. Overall Account Loss Protection:

This indicator show the candle remaining time on the chart and/or in the corner of the window. It also display notificaton (popup and push) when a new candle is formed (optional). You configure the timer on candles and at chart corner. I don't need to explain the functions because are very simple. MT4 version:  https://www.mql5.com/en/market/product/38677 Any doubt or suggestion please contact us. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I a

The "Simple Trading Controller" for MetaTrader 5 sets a new standard for speed and efficiency in opening and closing market positions. Crafted with a clean and intuitive design, this tool is a response to the specific needs of traders, ensuring a seamless and rapid trading experience. All it provides is: Quick BUY and SELL Buttons Open multiple operations at the same time Set Trade Size Set Stop Loss Take Profit Points Close All Positions Let's go and see the advantages of using "Simple Trading

This MetaTrader 5 indicator automatically synchronizes the pointer across all open charts of the same asset. Whether you're on a 1-minute or a daily chart, the pointer will automatically align to the same price across all open windows. This feature ensures consistent and rapid analysis, enhancing decision-making. Synchronizing the pointer between multiple charts is a valuable tool for traders aiming to maintain an accurate overview of price movements across different timeframes.

Trade Receiver Free is a free tool to copy trades/signals from multiple MT4/MT5 accounts. The provider account must use copier EA to send the signal. This version can be used on MT5 accounts only. For MT4 accounts, you must use Trade Receiver Free . Reference: - For MT4 receiver, please download Trade Receiver Free . - For MT5 receiver, please download Trade Receiver Free MT5 . - For cTrader receiver, please download Trade Receiver Free cTrader . - If you only need copy from MT4 account to u

Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. Au

This utility here gives you a lot of bang for your buck by being a 2 in 1 custom candles generator. For the price of 1 utility, you get 2 !! It creates offline charts that will behave like a live chart. It has 2 modes of operation: Tick and Range These are not time based charts. They will enhance your analysis giving you an edge by filtering a lot of useless and confusing price noise, leaving behind the most important price levels/market structure. When set to "Tick" mode, it will generate

The SynchroObjects utility is designed to facilitate and speed up the work with graphic constructions on different charts of one symbol. The SynchroObjects utility clones the created objects to all charts on which the utility is running and which have the same symbol. And also synchronously changes their properties. The utility is easy to use and requires no configuration. Tip: If you view the history frequently - we also recommend you to also install the free Smart AutoScroll utility. It automa

Equity Shield Pro 1.1 NEW VERSION  Equity Shield Pro 1.1 is a powerful utility EA designed to safeguard your trading account by actively monitoring and enforcing equity protection and profit management rules. Whether you’re trading personal accounts or working through proprietary firm challenges, this EA ensures strict adherence to risk and profit targets, enabling you to maintain discipline and consistency. Fully compatible with all challenge types, Equity Shield Pro 1.1 is specifically craft

BOLETA TRADING PROFISSIONAL. Painel de negociação usado para facilitar operações manuais no MT5. -Botão para fechamento automático de ordens e posições. -Negociação facilitada usando teclado e mouse. -Sistema de ordens OCO (TP & SL pré configurados) -Normalização de volume para qualquer ativo. -Controle de limite horários para negociação. -Sistema de meta e limite de loss. -Martingale configurável. -Trailing Stop. -BreakEven. -Numero mágico (Expert Magic) para não entrar em conflito com outros r

Fx Trade Monitor – Professional Strategy Tracker & Risk Manager A powerful, free utility to monitor open/closed trades, visualize history, and manage risk with advanced Drawdown Alerts. Includes Excel-ready CSV export. Fx Trade Monitor  is an essential dashboard tool designed for both manual traders and EA users. It provides a crystal-clear overview of your trading performance directly on the chart, filtering by Magic Number or Comment. Unlike simple info panels, this tool focuses heavily on  Ri

TRADING KEYBOARD An advanced tool for agile and precise trading in the financial markets. Designed for traders who trade instruments such as the DAX, XAU/USD, Forex, and other markets (scalping, intraday, swing, etc.), this keypad allows you to execute trades with a single click and with multiple professional configurations. The "Daily Scalping Keypad" allows you to open, close, and protect trades with a single click, ideal for trading on M1/M5 without wasting time. It includes buttons for hed

Volume Calculator This indicator shows the volume to be used in an operation based on the maximum acceptable stop value and the size of the stop. That way you will not use a calculator to calculate the volume you are going to use every time. This indicator makes your life much easier and faster. Suitable for any type of trader: Scalper, DayTrader, SwingTrader.

Pro Trade Utility for MetaTrader 5 Pro Trade Utility is a professional manual trading assistant designed for traders who want precision, speed and clarity — without automated strategies. This tool does not trade automatically . It helps you execute and manage trades correctly with proper risk control. Key Features  Risk & Position Management Risk-based automatic lot size calculation Risk shown clearly in account currency Adjustable Stop Loss (points) Fixed Risk:Reward display  Trade Executio

Backtest Simulator– The Ultimate Trade Manager for Live & Backtesting The Rhino Backtest Manager is an advanced trade management tool designed for seamless operation in both Live Trading and Strategy Tester Mode on MT5 . Unlike conventional trade managers, which function only in live mode, Rhino is fully optimized to provide a real-time trading experience even in backtesting , making it an essential tool for strategy development and execution. Here you can read How To Use Product (Manual) post

LT Colored Fibo is a simple indicator that paints the price zones between Fibonacci Retracement levels. Its configuration is extremely simple. It is possible to change the colors of each level of the retracement, choose between background or front of the chart and also work only with the current asset or all open. If you found a bug or have any suggestion for improvement, please contact me. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I apprecia

This is an Utility to make your trading easier by putting at   one click or a few clicks   time-consuming tasks as order management and risk management. Contact for a free trial. Features Risk Management   Calculates automatically lots based on risk specified in either   % or $  in the risk field and let you enter just   by placing lines for SL TP   etc and display   real-time Risk Reward . TrueRisk   so   it includes commissions when calculating lot size on FX pairs only so you risk 1% with a

Position Size Tool – Smart Risk Management & Trade Execution Panel The Position Size Tool is a powerful and intuitive MT5 panel that simplifies your trading by combining position sizing , risk calculation , risk/reward visualization , and order placement —all in one place. ️ Clean & Functional Interface The tool features a compact, real-time panel with the following: Balance & Equity display Live Price tracking Customizable Risk % input Auto-calculated Lot Size based on SL and Risk Input for S

Drawdown Manager MT5 is a robust MetaTrader 5 Expert Advisor designed as an equity protector to manage trades and safeguard your trading account. Tailored for proprietary trading firms, this utility tool enhances your trading experience with advanced risk management features, ensuring your investments are secure. It monitors and controls trading activities without executing trades, focusing on protecting capital and optimizing account performance. Note : Download and test the Drawdown Manager M

GOLD ESCAVATOR TRADING BOT NB: PLEASE NOTE THAT THIS PROJECT WAS TAKEN DOWN A YEAR AGO DUE TO THE FEAR THAT IT MIGHT BE OVERFITTED. I WILL WORK ON IT TO RESTORE. MEANWHILE USE THE US30 TRADE BOT OR ACCOUNT FLIPPER BOTS WHICH ARE ALL FREE IN 2025. THANK YOU A trading bot for XAUUSD. Lotsize is calculated by  multiplying the lot factor by each 100 USD on account.  You can adjust your risk level from 1 to 4 to suit your needs; Advisable to use account sizes of USD 200 and above. Account types: H

LIVE PRICE AND TOTAL PROFIT DISPLAY INDICATOR PERFECT FOR LIVE TRADING & SCREEN SHARING Designed specifically for day traders, scalpers, and live stream trading sessions This professional indicator provides real-time price display and comprehensive profit tracking directly on your chart - essential for high-frequency trading and live trading broadcasts. KEY FEATURES REAL-TIME PRICE DISPLAY Live bid price updates every second Professional formatting for all symbol types Special Gold/XAU formatti

Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk.Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download full version here  ( In the mini version. Starting lot is fixed at 0.01 (or minimum allowed lot size ) Guide + tips here MT4 version   here You only open the

Trade Panel for the No Nonsense Forex Method Improve your trading speed while also keeping your charts clean Features: -Position sizing: when clicking Buy/Sell, this tool opens 2 trades with the amount of lots that best approximate your risk (percentage of balance that is used in each trade). Forget about calculating pip values! -SL and TP: each trade is opened with a Stop Loss at 1.5*ATR, and one of the two halves with a Take Profit at 1*ATR. The ATR value used would be the one of the current

Name:   Trailing Stop EA Version:   1.1 Author:   D. Petru Description: This Expert Advisor (EA) for MetaTrader 5 implements a trailing stop functionality. The EA monitors all open positions and, if the price moves in favor of the position by more than the set   TrailingStop   value, then the EA will move the stop loss to a distance of   TrailingStop   from the current price. Key Features: Trailing Stop : The user can set the trailing stop distance in points. When the price moves in favor of the

Partial Close Expert  is tool combines many functions into one automated system. This EA can help traders manage their positions more effectively by offering multiple options for managing risk and maximizing potential gains. With Partial Close Expert, traders can set a   partial close   level to lock in profits, a   trailing stop   level to protect profits and limit losses, a   break-even   level to ensure that the trade will break even if the price moves against them, and several other functio

The "Close All Order Tools" tool is designed to solve common problems faced by Forex traders when managing profitable orders—especially in highly volatile market conditions or when dealing with multiple open trades simultaneously. Problems This Tool Solves: Unable to close orders in time : “Just when it was rising nicely, the price suddenly dropped—I couldn’t close it in time, and the profit vanished.” Closing orders one-by-one is time-consuming : “With multiple orders open, closing each one ind

The Trend Line Reverse Expert Advisor is a highly innovative and powerful tool that enables traders to effortlessly identify and trade trends in the financial markets. With this advanced tool, you can easily draw trend lines on your MT5 chart, and the EA will automatically buy or sell when the price reaches the trend line. This EA is user-friendly and requires minimal setup. You can simply attach it to your chart and start drawing up to three trend lines where you anticipate the price to reverse

The Expert Advisor will help you forward all alert from  MetaTrader 5 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL5\Files\Alerts\ , text file with format *.txt and screenshot with format *.gif or *.png. Parameters: - Telegram Bot Token: - create bot on Telegram and get token. - Telegram Chat ID:  - input your Telegram user ID,  group / channel ID - Forward Alert: - default true, to forward alert. - Send message as caption of Screenshot: - default false, set true t

This is a simple utility which will put Automatic Stop Loss and Take Profit. It also has Trailing Stop Loss and Break Even features. The input value of the Stop Loss and Take Profit is in Pips. Whenever you open a trade it will put stop loss and take profit in pips automatically. *If you need a more practical stop loss and take profit for your trades then you may like this ATR based stop loss utility,   Here! Inputs: 1. SL and Trailing SL - This is the Stop Loss value in Pips. Also used as Trai

Forex17 Clock is a lightweight and minimalist utility for MetaTrader 5, designed to display the broker server time and/or a user-adjusted time directly on the chart. The purpose of the product is to provide clear and accurate time information without interfering with chart analysis, keeping the chart clean and functional. The clock is drawn directly on the chart using text only, without panels, backgrounds, borders, or intrusive visual elements. This approach ensures low resource usage, excellen

Tool that allows viewing more than one timetime in the same window (up to 3 timeframes). Then, the tool helps the analysis in multiple timesframes. This is another product developed by Renato Fiche Junior and available to all MetaTrader 5 users! Input Parameters - Timeframes 1, 2 and 3: Timeframes of sub-charts - Show Dates: Shows the dates on the sub-charts on the X-axis (Yes / No) - Show Prices: Shows on the Y-axis the prices in the sub-charts (Yes / No) - Show Subwindow: Shows the s

This tool is designed to measure the distance between two points on a chart and much more. List of measured values:  Distance in points  Profit (with and without spread)  Time difference  Percentage price change  Slope angle  Number of bars (various variations)  Ratio of distance in points to the reference value Features:  Snap to OHLC prices  Automatic color profile setting based on chart background color  Various types of pointers to choose from  Display of values ​​of selected points on th

TradeGuard    by Chart Walker TradeGuard is a MT5 Expert Advisor (EA) designed to enhance your trading experience by automating key aspects of trade management. This EA excels in efficiently managing Take Profit (TP) and Stop Loss (SL) levels, offering a seamless and intelligent approach to trailing stops. One of TradeGuard's standout features is its Smart Trailing Stop, which dynamically adjusts the trailing distance based on market conditions. This adaptive approach helps maximize profits dur

Quant Panel Pro The Ultimate Multi-EA Performance Dashboard for Quantitative Traders Stop juggling multiple charts or external tools to monitor your algorithmic strategies! Quant Panel Pro delivers institutional-grade portfolio monitoring in one sleek, professional interface. Key Features Quantitative Analytics at Your Fingertips Real-time P&L aggregation   across all Expert Advisors Statistical win rate analysis   with trade frequency metrics Advanced drawdown tracking   (realized & unrealized

Automatically sends notifications about trade opening, closing, and partial closing from MT5 to Telegram. The utility supports 16 languages : English, French, German, Indian (Hindi), Indonesian, Italian, Kazakh, Korean, Dutch, Polish, Portuguese, Russian, Spanish, Turkish, Ukrainian, and Vietnamese. The product is designed for traders who need to receive Telegram notifications without constantly monitoring the terminal. It is suitable for Expert Advisor users who want to track their activity, tr

This indicator creates a Renko-based custom symbol in MetaTrader 5. Renko charts are built using price movement only, not time, making them useful for analyzing trends and filtering noise. Features Customizable brick size in points. Option to calculate brick size using ATR (adaptive). Ability to show or hide wicks. Creates and updates a custom Renko chart symbol. Automatically opens the chart window (optional). Maintains a limited bar history for performance. Inputs BrickSizePoints – brick size

Chart Link  allows you to control multiple charts from one chart or multiple charts from multiple charts. Features 1. Synchronised Scrolling :     Scrolling the master chart also scrolls all linked sub charts to the same position.     Sub charts inherit offset and auto-scroll settings from the master chart. 2. Synchronised Timeframe :     Switching the master chart timeframe also switches all linked sub charts. 3. Synchronised   Symbol   :     Switching the master chart symbol also switches all

TradePanel v1.0 A professional trading panel that displays essential trade information directly on the chart, including the total number of open positions, overall profit/loss, and real-time details for each trade. The panel updates automatically using a smart timer and features a clean, minimalistic design that helps traders monitor performance without distraction. An ideal tool for tracking active trades and improving trading efficiency.

TimeToClose The "TimeToClose" indicator is an essential tool for traders who need to monitor the remaining time before a candle closes. This indicator displays the remaining time directly on the BID line, providing a clear and precise reference during real-time trading. Key Features: Displays the remaining time for the current candle to close. Direct integration on the BID line for better visualization. Simple and user-friendly configuration. Ideal for all types of traders, from beginners to pro

Simple utility to help identify local time of price movements. This way you can analyze better and prepare for future movements. Just point to the candle and it will display the time of the candle in your local time zone. See my other products in the MQL market: https://www.mql5.com/en/users/jdelgadocr/seller Thanks for checking them out. If you have a need for something not too complex, let me know.

PipsCounter Basic is an indicator for MetaTrader 5 that displays in real time the pip variation of open positions and provides a daily summary of closed trades. All information is shown directly in the main chart window in a clear and unobtrusive format. Features Real-time pip tracking Continuously updates the pip difference for each active position on every market tick. Daily pip total Shows the net pip value of all closed trades during the current trading day. TP/SL price labels (New) Auto

MT5 to Telegram Signals This utility is simple to use and supports a wide variety of settings: Pick your desired Telegram group and enter the bot token and the chat id Get notified when orders are placed, modified, executed, closed… or any combination of states Connect your broker account with Telegram and stop missing important notifications. Would you like to receive Telegram notifications? Are you looking for a simple way to share trade signals with your followers? Do you need to start docume

The utility places a grid of pending orders . You can select the number of orders in the grid, the step between orders, multiplier for the order size, SL and TP levels, magic number etc. If you use a profit bucket , please note that it applies to all orders on the current currency pair with the current magic. If you want to use several grids with independent profit buckets at the same time, run several copies of the utility and specify different magics in the settings. MT4 version of the utility

This utility EA closes any buy or sell order when it reaches the desired profit value, or when the stop gain is activated. Closes orders opened manually or by other robots.  Very effective for protecting or guaranteeing gains in rapid price movements. It works on any period and any asset available on MT5. Trailing Start: Example, if the price moves 70 pips in favor, it activates the stop gain.  Traling Stop: or Traling Step: If the price moves by the amount defined above the Trailing Start it w

TimeBar TimeBar is a simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time. For ease of perception, two types of display modes have been added: in the form of a comment in the upper left corner of the graph, or in the form of a graphic object. Advantages Font selection Font size. You can set any one. When commenting it is too small You can move objects. Any time can be selected by double clicking t

TrendLine Manager - Professional Trading Assistant TrendLine Manager is a smart trading tool that helps you manage your trades using trendlines drawn directly on your charts. Instead of manually watching every line you draw, this Expert Advisor does the monitoring for you. What it does: Converts any trendline you draw into an active trading trigger Automatically closes positions when price hits your stop loss or take profit lines Opens new trades when price crosses your entry lines Works with sl

The VR Calculate Martingale indicator is a powerful tool for pre-calculating any trading strategy without risks. Due to the fact that the indicator uses virtual orders, a trader can calculate in advance any development of events on a trading account. You no longer need EXCEL tables and calculators, you do not need to know the formulas for averaging multidirectional positions with different trading lots. VR Calculate Martingale will help you calculate everything. You can find settings, set files,

Trade2Telegram — a plugin for automatic trade notifications from MetaTrader to Telegram. This tool is designed for traders managing capital, running signal channels, or leading educational communities. The plugin copies all trading operations from the terminal and publishes them to a selected Telegram chat, group, or channel. Messages are sent automatically when positions are opened or closed, stop-loss or take-profit levels are changed, pending orders are triggered, or trades are partially clos

Features: fast opening / closing deals the number of deals and the total profit for the Symbol Fast open deals: set the Lot volume set  StopLoss / TakeProfit in points (if you set "0", then it is not used) set slippage set Magic (if necessary) set comment (if necessary) Fast open features: fast open Buy fast open Sell fast close ALL open orders for the current Symbol Attention: this utility works only on the current instrument this utility works on a VPS must enable Algo trading in the termi

Mi Easy Order MT5 es un programa diseñado para facilitar y optimizar la ejecución de operaciones de compra y venta en los mercados financieros, proporcionando al trader una herramienta práctica, precisa y confiable para la gestión del riesgo. Su objetivo principal es simplificar el proceso de entrada al mercado, eliminando cálculos manuales y reduciendo errores comunes que suelen producirse al momento de definir el tamaño de la posición. El sistema permite al usuario ingresar como parámetro el n

This is the script needed to use   The News Filter . This script selects any chart that you want to filter and sends the inputs to   The News Filter   program. Every input is specific to that chart, so you have the flexibility of setting different inputs for every chart. Links to   The News Filter   (free demo) can be found below: The News Filter Guide + Download Links News selection News source is  Forex Factory's economic calendar . Feature to add your own custom news events . Selection can

Work logic Stop Out utility is a simple but very convenient indicator showing how many points are left to the Stop Out level / Its benefit lies in the fact that many traders deliberately overestimate the risk in trading in pursuit of profit, use the available margin at the maximum, and for this case it is very important to know where the broker can forcibly close your positions. Just place the indicator on the chart and depending on the open position in Buy or Sell, you will see the border m

Are you looking for a way to trade the forex market more efficiently and profitably? We have the solution you are looking for! Introducing our innovative Entry Price Averages EA, a revolutionary tool designed to maximize your profits and minimize your risks. What makes our EA stand out from the crowd? The answer is simple: automatic calculation of average prices. Imagine having the ability to manage multiple open trades with different lots and price levels, and having your EA do all the heavy li

Utility for copying transactions from one MT5 account or MT4 account to another MT5 account.  Demo-version can be downloaded   here . You can copy positions between Netting and Hedging accounts in any combination. You can set filters by the name of the instrument and the magic numbers of the positions that will be copied. So far, the source sends information only about market positions. Pending orders are processed when they turn into open market positions. On one terminal, the advisor is laun

This non-trading expert utilizes so called custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also, it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place RenkoCharts on a chart of a work instrument. The lesser timeframe of the source chart is, the more precise resulting renko chart is, but the lesse

Keep your MetaTrader 5 charts alive, updated, and always in sync — automatically. The MT5 Auto Refresh Utility is a smart, zero-lag chart updater designed for traders who want real-time accuracy across every open chart. Whether you use complex dashboards, multi-timeframe systems, or long-running analysis setups, this utility ensures your charts stay active and refreshed without manual clicks or chart reloading. Why You’ll Love It Automatic Chart Refresh Refreshes your MT5 chart at a fixed int

Overview Are you tired of complex manual calculations, emotional execution errors, and the constant fear of risking too much? The Advanced Trade Manager (ATM) is your all-in-one solution, a professional-grade Expert Advisor for MetaTrader 5 designed to give you institutional-level control over every aspect of your trade. From flawless risk calculation to intelligent, one-click execution, the ATM EA streamlines your entire trading process, allowing you to focus on your strategy, not the mechanics

SmartLimits - Visual Pending Order Manager SmartLimits is a professional trading utility that allows you to manage pending orders directly on the chart with full visual control. It lets you create, adjust, and confirm Buy or Sell Limit and Stop orders through an intuitive on-chart panel, without opening any MetaTrader order windows. This tool is designed for traders who prefer a fast and organized way to handle orders visually, minimizing repetitive actions and reducing potential input errors. M

Guardian Equity EA for MetaTrader 5 Guardian Equity EA is an Expert Advisor designed to automatically manage the closure of all open positions when predefined profit or drawdown levels are reached. It operates in real-time and is compatible with any broker or trading instrument supported by MetaTrader 5. Main Features Continuous monitoring of account balance and equity. Automatic closing of all trades if the maximum drawdown level is reached. Automatic closing if the configured profit target is

The   Basket expert advisor   can open up to 10 trades at once. It was developed for basket traders who need to open a lot of trades on many different pairs. Expert advisor allows to set a take profit and stop loss as a value in money for each basket trade. This EA is also equipped with hedge functions and allows traders to use the Classic hedge strategy or Sure-Fire strategy, also known as "Always in profit". Main features Opening multiple trades simultaneously EA Works on any market (forex,

Introducing CandleBot - Your Ultimate Free Tool for Identifying and Trading Candlestick Patterns! With CandleBot , seize the advantage in the markets by effortlessly recognizing bullish and bearish engulfing, morning and evening star, and hammer signals. Candlestick patterns, derived from open, high, low, and close prices over a specific period, serve as visual representations of price movements, aiding traders in analyzing market sentiment and predicting potential reversals or continuations. U

RENKO Reversal by StockGamblers Actually working RENKO in MT5. Uses "custom symbols" for drawing. You can apply any indicators with complete peace of mind. The movement of the last price is displayed in real during the formation of the "brick". Put the script in the MQL5/Experts folder. More precisely: C:\Users\user\AppData\Roaming\MetaQuotes\Terminal\terminal_number\MQL5\Experts Settings: ValuePerBar - height of the "brick" in points revCandle - multiplier for the height of the turning "brick".

Description This is a Utility tool for MT5 which will make our chart analysis task quite more efficient and save large amount of time. As for chart analysis, some are watching out several symbol simultaneously with single timeframe and others are trading only one single pair with   multi timeframe analysis. For both, a common troublesome issue is “scroll chart to look back” or “draw chart objects” in multi charts at the same time.  Especially for those who are trading with multi timeframe soluti

Pointer Sync is a pointer synchronizer between open charts. It makes the MT5 cross (activated by the middle mouse button) to be replicated on all open charts. In addition, it is possible to create horizontal lines (letter H) and vertical lines (letter V), very useful for studying. The appearance of the lines is customizable. Note: Synchronization is through the X and Y scale in pixels , not price and/or date. It is a simple and free utility. Enjoy! This is a free indicator, but it took hours to

Forex Trade Manager MT5 simplifies managing open orders in MetaTrader 5. If you open a new order, the manager automatically sets Stop Loss and Take Profit. When price will move, then the program could move Stop Loss to Break Even (stop loss = open price) or continuously moving Stop Loss (Trailing Stop) to protect your profits. Forex Trading Manager is able to control orders for only current symbols (where EA works) or for all opened orders (regardless symbol) and hide the Stop Loss and Take Prof

EA can close unprofitable positions by searching for and closing profitable positions . This assistant  looks  for, among all positions, the most  unprofitable position  in the terminal. Further, by searching for the remaining profitable positions, he calculates a series of positions that can cover the loss when the  profit  of one or more positions is greater than the loss of another position. If a set of such positions is found, then the adviser closes them. A series of positions can consist