DraewWeigthLine

In multi-asset, multi-position trading environments—such as those involving forex, stocks, gold, and other instruments—traders often face a critical pain point: when holding multiple positions in the same instrument, it’s difficult to quickly and intuitively assess the current market price relative to all long and short positions. This makes it challenging to accurately determine the overall average entry cost, leading to delayed stop-loss and take-profit decisions. The problem worsens with mixed long/short positions, where the absence of a unified cost reference severely undermines capital management efficiency. Traditional manual averaging methods are not only time-consuming and error-prone but also entirely inadequate for real-time decision-making in high-frequency or large-position scenarios.

This MT5-exclusive script is specifically designed to solve these multi-position analysis challenges. Its core value lies in visualizing the relationship between open positions and the current market price, enabling traders to instantly grasp key position information directly on the Market Watch or chart—without any manual calculations—thereby making decisions faster and more precise.

The script automatically calculates and draws three essential average price lines, dynamically linked to real-time market prices. At a glance, you can determine whether the current price is in a profit or loss zone, facilitating rapid adjustments to stop-loss/take-profit levels and optimizing position structure:

  • Long Average Price Line: Aggregates entry prices of all long positions in the same symbol, computes their precise average, and displays it as a dedicated line—clearly revealing the overall cost basis and profit status of your long exposure.
  • Short Average Price Line: Continuously tracks entry prices of all short positions in the same symbol and visualizes their average as a distinct line, offering clear insight into short-side cost levels and supporting effective risk control.
  • Weighted Average Price Line: Calculates a unified average entry price across all positions (long and short combined), weighted by lot size. This provides a single, consistent cost benchmark for mixed-direction portfolios, enabling holistic risk assessment and management.

To accommodate diverse trader preferences, the script offers comprehensive customization options, allowing users to tailor the display to their individual trading style and visual needs:

  • BuyAvgLineClr: Customize the color of the long average price line for clear visual distinction.
  • BuyAvgLineStyle: Choose the line style (solid, dashed, dotted, etc.) to match your charting preferences.
  • SellAvgLineClr: Set a custom color for the short average price line—ideally in strong contrast to the long line to avoid confusion.
  • SellAvgLineStyle: Adjust the short line’s style based on the volatility characteristics of your traded instruments.
  • WeigthAvgLineClr: Define the color of the weighted average line; a highlight color is recommended for quick focus on this key benchmark.
  • WeigthAvgLineStyle: Select the line style according to your trading horizon (scalping, swing, or long-term) for optimal readability.

This script serves a wide range of trading scenarios and addresses core needs across trader types:

  • High-frequency traders can instantly track the average cost of multiple short-term positions, dramatically accelerating exit decisions.
  • Swing traders gain real-time visibility into cost shifts across long/short positions, enabling precise timing for adding or reducing exposure.
  • Large-position holders can accurately manage aggregate risk across fragmented orders, avoiding costly errors caused by unclear cost structures.
  • EA/portfolio traders can visually compare automated trade costs against current prices, providing actionable data for strategy parameter optimization.

Moreover, the script delivers four standout advantages:

  1. Real-time Synchronization: All three average lines automatically recalculate and refresh instantly whenever positions change or market prices update—ensuring zero latency for live trading decisions.
  2. Extreme Simplicity: No complex setup required—just one click to launch. Even beginners can start using it immediately.
  3. Lightweight Design: Minimal resource consumption ensures smooth MT5 platform performance without interfering with other trading tools.
  4. Precision Calculation: Automatically identifies and groups positions by symbol, eliminating cross-instrument interference and guaranteeing accurate, reliable average price results.

With this script, complex multi-position cost analysis becomes simple and intuitive. Traders are freed from tedious manual calculations and can instead focus on high-value trading decisions—significantly boosting position management efficiency and overall profitability.


Recommended products
OTRX Fimathe Backtest is a tool for the Trader or Enthusiast who uses the Fimathe technique created by Trader Marcelo Ferreira to carry out his training and validate if he can obtain profitability. In this tool you will be able to: 1. Define whether you are looking for a buy or sell entry. (Trend). 2. Define by clicking twice on the horizontal lines where your Reference Zone and your Neutral Zone will be. 3. Monitor the entry, subcycle and exit of the trade. 4. Trading Summary, Daily, Week
FREE
PZ Trade Pad EA
PZ TRADING SLU
4.29 (31)
This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with
FREE
VR Color Levels MT4
Vladimir Pastushak
5 (1)
VR Color Levels is a handy tool for those who apply technical analysis using elements such as trendline, rectangle and text. It is possible to add text directly to the chart and take screenshots. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can read or write reviews at [link] Version for [MetaTrader 5] Working with the indicator is carried out in one click . To do this, click on the button with the line, after which a trend line will appear unde
FREE
Macd Martin
Roman Yablonskiy
2.5 (2)
Double Breakout   is an automatic expert advisor with two separate strateges that uses martingale. The MACD indicator with adjustable parameters is used as inputs for each flow of orders. The specified takeprofit and stoploss levels are used to exit the position.  General recommendation The minimum recommended deposit is 1000 cents. Spread is recommended not more than 3 points. It is better to use trend currency pairs. The martingale parameter can be set from 0.1 to any value. When martingale i
FREE
Exp4 Tester PAD for Strategy Tester
Vladislav Andruschenko
4.9 (20)
The utility allows you to manually test your strategies in the strategy tester. One-click trading on the visualization chart. The latest version of the utility offers advanced features for traders to manually test their trading strategies. With the strategy tester, you can now evaluate the effectiveness of your trading strategies in a simulated environment. This functionality allows you to analyze the performance of your trading techniques and refine them to improve your trading skills. Moreover
FREE
SL and TP Setter
Giacomo Barone
4 (1)
You can manually open a trade (one click), and this EA will take care of setting the SL and TP. SL and TP are set based on the number of pips you specify in the input screen. You can also choose monetary SL and TP. SL and TP are determined based on the weighted average price (WAP), so if you open a new trade, SL and TP will be updated according to the new WAP. The WAP is not unique but differentiated between buy and sell trades (this is useful only if you open opposite trades on the same chart)
FREE
Neonplox Trade Manager
Mr Roberto Carlos Ferreira Silva
n3oNpLoX Trade Manager Market Order. Stop Order. Limit Order. To help you Place trades based on the amount of Money in Dollars you want to risk. As it will show in the screenshots you can calculate the right Lot size for the money you want to risk. Calculates Lot Size based on the distance between Stop Loss and Entry Point. 5 Options for TP - (1RR,2RR,3RR,4RR,5RR) It will help you manage your risk and Place trades with the correct Lot Size. So you will not over expose yourself and your money
FREE
Note: This is EA only panel for manage Orders ------------------------- EA  input inclde - EA_Comment   ------------------------ The panel include  - Lot size input for BUY and SELL button - Close ALL SELL orders (same symbol) - Close ALL BUY orders (same symbol) - Close ALL orders (same symbol) ------------------------- You can use on any pair and any time frame  Thanks
FREE
Levels and risk calculator for the Antimartingale (or Antimartingala) technique Totally visual, setup everything from control panel Decide your risk and margin, it will calculate and show trading lavels on the chart Free version of the orginal Antimartingale EA:  https://www.mql5.com/en/market/product/53653 Public Signals using the Antimartingale's technique: https://www.mql5.com/en/signals/1016250 https://www.mql5.com/en/signals/1018964 This EA does not open trades, it only shows the trading le
FREE
A "simple design" trading panel, which is characterized by small byte size, low CPU usage, simple steps, and quick operation, 1 to 2 clicks to complete a functional operation, saving time and increasing efficiency . The panel is easy to use, and it is not complicated to set parameters, which is in line with traders' habits. At the same time, its compact- design, clear at a glance, and comprehensive functions are a powerful tool for manual trading! Key features of the panel:   Click "Bid Price"
FREE
Grid Assistant Pro
Alessandro De Cristofaro
Grid Assistant Pro – Utility for Managing Grid Strategies on MetaTrader 4 Grid Assistant Pro is a professional utility that helps traders manage and monitor unidirectional grid strategies directly from the MT4 chart. It provides a visual dashboard , clear controls, and automated risk protection features for precise and efficient grid operation. Key Features Visual Dashboard Real-time metrics: Balance, Equity, Floating P/L, Drawdown %, Free Margin Grid status: active and pending or
FREE
Symbol Cycler is a lightweight on-chart utility that lets you quickly switch between symbols in your Market Watch list using two simple arrow buttons (). With a single click, you can scroll forward or backward through your predefined symbols without leaving the chart. Key Features: One-click symbol switching from the chart Works with your Market Watch list order Buttons can be placed in any chart corner or even the center Timeframe remains locked while switching symbols Clean, responsive UI
FREE
Trade Panel Pro by RunwiseFX
Runwise Limited
4.86 (35)
Fully functional manual trade panel with risk/reward, auto SL, lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), news events and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts. Features Lot size calculation - based on % of account to risk, fixed amount or dynamic lots Automatic take profit base
FREE
一键平仓小工具,可以针对买单、卖单和挂单进行批量操作,可以操作当前图表订单和所有订单,简单高效。 第一行第一个按钮是关闭当前图表 品种 所有买单,第二个按钮是关闭当前图表品种的所有卖单,第三个按钮是关闭当前图表 品种 的所有订单; 第二行 第一个按钮是删除当前图表 品种 所有买单挂单,第二个按钮是 删除 当前图表品种的所有卖单 挂单 ,第三个按钮是 删除 当前图表 品种 的所有 挂单 ; 第三行第一个按钮是关闭所有 品种的全部买单,第二个按钮是关闭所有 品种的全 卖单,第三个按钮是关闭所有 品种的全部订单; 第四行第一个按钮是删除所有 品种全部买单挂单 ,第二个按钮是 删除 全部品种 的全部卖单挂单 ,第三个按钮是删除 全部品种 的全部挂单 。 希望此程序能对您有用
FREE
Important! Demo version will work only on EURGBP. One Click Trader is a tool designed for MetaTrader 4 platform, which enables you to take your trading to the next level. It enables you to open, manage and close your trades in simple an efficient way by just one click of your mouse button. Up arrow minimizes the OCT panel Down arrow maximizes the OCT panel Right arrow displays the next panel with additional features Left arrow hides the panel with additional features Red SELL button enables you
FREE
Account Info EA It is a tool that presents on the graph all the positions of the account, and specific information concerning the positions, but also the account. It enables the user to have an image of his account at a glance. Use like any expert advisor. You can't attach it in the same chart with other expert advisor. It does not have the ability to open or manage positions. You can attach it on any chart and any timeframe.
FREE
Lot Calculate
Maksim Neimerik
This simple but useful script calculates the lot in % of the deposit. It is indispensable for risk management. There is only one customizable parameter: MaxRisk - risk in % for lot calculation. The product works as a standard script. Launch it once on an appropriate chart and start trading using the calculated lot value. Genious is simplicity! Happy trading!
FREE
Signalator Lot Size Evaluator MT4 is a free local MetaTrader 4 utility for manual traders. It helps calculate an estimated lot size before opening a trade manually. The calculation is based on account size, trade direction, entry price, stop loss, risk percentage or fixed money risk, and broker symbol settings. The main purpose is simple: Enter your setup → define your risk → get the suggested lot size. The panel also shows useful pre-trade information such as spread, risk amount, SL/TP distance
FREE
This utility keeps a watchful eye on your trading terminals and ensures that you are notified if any of them are disconnected. Simply attach the utility to a chart and connect to a monitoring service who can notify you. We use UptimeRobot for both VPS and terminal monitoring; however, any service supporting heartbeat monitoring can be employed. Many such services offer free plans and various notification methods, such as Cronitor.io
FREE
Trendline indicator
David Muriithi
2 (1)
Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c
FREE
Lot by Risk
Sergey Vasilev
4.83 (23)
The Lot by Risk trading panel is designed for manual trading. This is an alternative means for sending orders. The first feature of the panel is convenient placing of orders using control lines. The second feature is the calculation of the order volume for a given risk in the presence of a stop loss line.   Control lines are set using hot keys: take profit – T key by default; price – P key by default; stop loss – S key by default; You can configure the keys in the settings of the trading panel.
FREE
Harvest FX
Sayan Vandenhout
4.56 (9)
Harvest FX USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 3 great strategies The EA can be run on even a $30000 a
FREE
Scalping Day Trading Support Utility Scalping One MT4 free One position is displayed with one button. View P & L, Lot, and Point in real time. It is possible to switch the display of positions of only chart currencies and all currency pairs.  (The free version has only 3 positions) Supports automatic identification in Japanese and English   Account currency notation corresponds to dollar, euro, pound, yen (automatic identification) The timeline drawing function can be linked with the clock disp
FREE
Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FREE
IceFX TradeInfo
Norbert Mereg
4.77 (44)
IceFX’s TradeInfo is an utility indicator which displays the most important information of the current account and position. Displayed information: Information about the current account (Balance, Equity, Free Margin). Current spread, current drawdown (DD), planned profit, expected losses, etc. Number of open position(s), volume (LOT), profit. Today’s and yesterday’s range. Remaining time to the next candle. Last day profit information (with integrated IceFX ProfitInfo indicator). Risk-based LOT
FREE
DF Fib Trader Pro DF Fib Trader Pro is an automated trading system designed for MetaTrader 4. It uses Fibonacci-based price levels combined with trend and structure analysis to define entry and exit points. The EA supports both long and short positions and includes built-in risk management parameters. Core Features: Uses Fibonacci retracement and extension logic to plot entry, SL and TP points. Configurable lot size and stop loss/take profit levels Choice of 1 or 2 entry points Supports fixed o
FREE
Vr Trade Panel
Vladimir Pastushak
4.75 (20)
VR Trade Panel is a professional solution for trading, which allows you to effectively manage positions using trend lines. Unique functionality allows you to install Stop Loss and Take Profit both at dynamic levels (inclined lines) and fixed values. This provides maximum flexibility and convenience in trade. Thanks to the simplicity of the interface and the detailed [ management ], it will be easier for beginners to master the basics of trade and begin to practice. The ability to automate many p
FREE
PZ Easy Trading EA MT4
PZ TRADING SLU
4 (1)
A simple trade assistant that allows to easily buy and sell with the desired leverage. It was created for the eventual or novice trader and inspired in popular web-based trading platforms such as eToro or Binary.com. It features a set of trading buttons implementing different leverage options, and an additional button to close all trades. All trades are placed with a stop-loss according to the leverage used. It'll be particularly useful to those traders migrating from other platforms to Metatra
FREE
This indicator alerts you when/before new 1 or 5 minute bar candle formed. In other words,this indicator alerts you every 1/5 minutes. This indicator is especially useful for traders who trade when new bars formed. *This indicator don't work propery in strategy tester.Use this in live trading to check functionality. There is more powerful Pro version .In Pro version,you can choose more timeframe and so on. Input Parameters Alert_Or_Sound =Sound ----- Choose alert or sound or both to notify y
FREE
NAS100 Auto Sl And TP
Moustapha Boulouz
5 (2)
Introducing NAS100 Auto SL and TP Maker for MT4: Never miss setting StopLoss and TakeProfit again with our NAS100 Auto SL and TP Maker, an indispensable assistant for traders navigating the Nasdaq 100 market on MetaTrader 4. This tool is designed for those who seek a seamless solution to automate the management of StopLoss and TakeProfit levels. Key Features: Effortless Automation: Automatically monitors Nasdaq 100 trades without StopLoss and/or TakeProfit. Dynamically adjusts levels based on us
FREE
Buyers of this product also purchase
Trade Assistant MT4
Evgeniy Kravchenko
4.43 (195)
It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Additional materials and instructions Installation instructions   -   Application instructions   -   Trial version of the application for a demo account Line function -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteris
Local Trade Copier EA MT4
Juvenille Emperor Limited
4.96 (110)
Experience exceptionally  fast trade copying with the Local Trade Copier EA MT4 . With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds. Whether you're a beginner or a professional trader, the Local Trade Copier EA MT4 offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking to inc
Forex Trade Manager MT4
InvestSoft
4.98 (437)
Welcome to Trade Manager MT4 - the ultimate   risk management tool   designed to make trading more intuitive, precise, and efficient. This is not just an order placement tool; it's a comprehensive solution for seamless trade planning, position management, and enhanced control over risk. Whether you're a beginner taking your first steps, an advanced trader, or a scalper needing rapid executions, Trade Manager MT4 adapts to your needs, offering flexibility across all markets, from forex and indice
Custom Alerts AIO: All-in-One Market Scanner – No Setup Required Overview Custom Alerts AIO is the fastest and easiest way to monitor multiple markets for real-time trading signals—without any setup or extra licenses. It comes with all required Stein Investments indicators already embedded, making it the perfect plug-and-play solution for traders who value simplicity and performance. Just load it to any chart and start receiving alerts across Forex, Metals, Crypto, and Indices. Shares can be a
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
Copy Cat More Trade Copier MT4 is not just a simple local trade copier; it is a complete risk management and execution framework designed for today’s trading challenges. From prop firm challenges to personal portfolio management, it adapts to every situation with its blend of robust execution, capital protection, flexible configuration, and advanced trade handling. The copier works in both   Master (sender) and Slave (receiver)   modes, with real-time synchronization of market and pending orders
Exp COPYLOT CLIENT for MT4
Vladislav Andruschenko
4.69 (65)
Professional Trade Copier for MetaTrader 4 Fast, professional, and reliable trade copier for MetaTrader 4 . COPYLOT helps you copy Forex trades between MetaTrader 4 and MetaTrader 5 terminals with flexible synchronization for different account setups. COPYLOT MT4 version supports: MetaTrader 4 to MetaTrader 4 MetaTrader 5 Hedge to MetaTrader 4 MetaTrader 5 Netting to MetaTrader 4   MT5 version Full Description + DEMO + PDF How To Buy How To Install How to get Log Files How To Test and Optimize A
TradePanel MT4
Alfiya Fazylova
4.84 (95)
Trade Panel is a multi-functional trading assistant. The app contains over 50 trading functions for manual trading and allows you to automate most trading tasks. Before making a purchase, you can test the demo version on a demo account. Download the trial version of the application for a demonstration account: https://www.mql5.com/en/blogs/post/750865 . Full instructions here . Trade. Allows you to perform trading operations in one click: Open pending orders and positions with automatic risk cal
The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
Smart Channel M4
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calcul
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (31)
Close If Profit or Loss with Trailing for MetaTrader 4 — automatic closing by total profit or loss A reliable trade-management utility for MetaTrader 4 that automatically closes positions when the total profit or total loss reaches the level you set. The Expert Advisor monitors open trades, calculates floating profit and loss, can trail profit, and helps close positions faster than manual reaction. MetaTrader 4 is still used by many manual traders, grid traders, scalpers, and Expert Advisor use
The News Filter
Leolouiski Gan
5 (25)
This product filters all expert advisors and manual charts during news time. It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system that can handle your open positions and pending orders before the release of any news. Once you purchase The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from here onwards
Trade copier MT4
Alfiya Fazylova
4.58 (33)
Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . PROMOTION - If you have already purchased the "Trade Copier MT5," you can receive the "Trade Copier MT4" for free (for copying MT4 > MT5 and MT4 < MT5). For more detailed information about the conditions, please contact us via private message
Trading History MT4
Siarhei Vashchylka
5 (9)
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
Trade Dashboard MT4
Fatemeh Ameri
4.96 (53)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
Elevate Your Trading Signals with Our Advanced Telegram Bridge EA It’s time to captivate your audience with real-time trading updates that are both professional and visually appealing. Contact me to receive a trial and see the demo channel! We have significantly invested in user friendly features that create a unique experience for customers and providers.  SIGNAL BRIDGE is able to deliver 100% COPIER FRIENDLY SIGNALS for all business cases, even bypassing Metatrader logics where other EAs stru
MT4 Local Trade Copier Pro
Biswarup Banerjee
3.82 (11)
Introducing Local Trade Copier Pro MT4, the ultimate utility for traders looking to efficiently copy trades between different MT4 accounts. This powerful tool is designed for traders who want to automate their trading strategy and enhance their performance by leveraging multiple accounts seamlessly. Experience the benefits of real-time trade copying with minimal delay, ensuring that you never miss a profitable opportunity. Whether you're managing multiple accounts or working with different broke
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
DaneTrades Trade Manager is a professional trade panel for MetaTrader 4, designed for fast, accurate execution with built‑in risk control. Place market or pending orders directly from the chart while the panel automatically calculates position size from your chosen risk, helping you stay consistent and avoid emotional decision‑making. The Trade Manager is built for manual traders who want structure: clear risk/reward planning, automation for repeatable management, and safeguards that help reduc
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 Traili
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overrid
OrderManager MT4
Lukas Roth
4.73 (26)
Introducing the OrderManager : A Revolutionary Utility for MT4 Manage your trades like a pro with the all-new Order Manager utility for MetaTrader 4. Designed with simplicity and ease-of-use in mind, the Order Manager allows you to effortlessly define and visualize the risk associated with each trade, enabling you to make informed decisions and optimize your trading strategy. For more information about the OrderManager, please refear to the manual. [ Demo ]  [ Manual ]  [ MT5 Version ]  [ Telegr
Telegram to MT4 Multi-Channel Copier automatically copies trading signals from your Telegram channels directly into MetaTrader 4. No bots, no browser extensions, no manual copying. You receive a signal on Telegram and the EA opens the trade on your terminal in a few seconds. The product includes two components: a Windows application that listens to your Telegram channels, and this Expert Advisor that executes the signals on your MT4 terminal. An MT5 version is also available. Setup guide and app
Price Action Trade Panel EA MT4
Juvenille Emperor Limited
5 (2)
Price Action Trade Panel MT4  calculates the buying/selling force level balance of any symbol/instrument, based on pure price action data of the specified (8 by default) past candles. This will give you the closest market sentiment possible by monitoring the price action of 32 symbols/instruments that are available on the indicator's panel. A buying/selling force level over 60% gives a quite solid level for buy/sell the specific symbol (using the default settings).  Price Action Trade Panel MT4
Telegram to MT4 Coppy
Sergey Batudayev
4 (10)
Telegram to MT4: The Ultimate Signal Copying Solution Streamline your trading with Telegram to MT4 , the cutting-edge utility designed to copy trading signals directly from Telegram channels and chats to your MetaTrader 4 platform—without the need for DLLs. This robust solution ensures seamless execution of signals with unparalleled precision and customization options, saving you time and boosting your efficiency. [ Instructions and DEMO ] [ FAQ ] [ How atach logs properly ] [Settings descrition
Trendline EA
Carlos Oliveira
4.5 (10)
Trendline EA MT4 Trendline EA MT4 is a semi-automated Expert Advisor for MetaTrader 4 designed to execute trading actions or alerts based on trendlines drawn by the user. MetaTrader 4 does not provide native functionality to place or manage trades directly from trendlines. This Expert Advisor extends standard platform behavior by monitoring user-defined trendlines and executing predefined actions when price interacts with them. The Expert Advisor does not define or apply any trading strategy. Al
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the Grid manual will automatically create a grid of orders for it and will accompany it until the close. Ful
Fibo Alert Ultimate
ISO Financial Services
3.71 (7)
This tool adds alerts to your Fibo Retracement and Fibo Expansion objects on the chart. It also features a handy menu to change Fibo settings easily and quickly! Features Alert for Fibo Retracement and Fibo Expansion levels. Sound, Mobile and Email alert. Up to 20 Fibo Levels. Continuous sound alert every few seconds till a user clicks on the chart to turn it OFF. Single sound alert with pop-up window. Keeping all user settings even after changing timeframes. New handy menu to change Fibo setti
RRBCTC uses real Tick data to create custom Range, Time, Renko and Volume bar charts for MT4. Tick data use is RRBCTC unique feature, which allows highest quality charting of current and historical price movement. Custom inputs provide option to create range bars with sizes from 0.1 pip all the way to 100+ pip and time bars periods from second all the way to a month. Charts are updated with new data in real time, allowing user use of MT4 indicators and advisors (EA). RRBCTC greatly extends MT4 c
Auto Trade Copier
Vu Trung Kien
4.76 (85)
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
StopLoss and TakeProfit Utility MT4 for automatic setting of stop loss and take profit levels. Created by a professional trader for traders.   The utility   works with any market orders opened by a trader manually or using advisors. Can filter trades by magic number. The utility can work with any number of orders simultaneously. WHAT THE UTILITY CAN DO: Set virtual stop loss and take profit from 1 pip Real   stop loss and take profit W ork with each order separately (   stop loss and take prof
More from author
Core Positioning Advanced analytical tool designed specifically for MT5, providing in-depth analysis of trading history, uncovering data insights, optimizing strategies, and enhancing profitability. Core Usage Strategy Performance Evaluation: Analyzes profitability, stability, and risk to provide an objective rating from A+ to D. Trading Pattern Discovery: Identifies high-quality assets, time periods, and profit-making habits suited to different market conditions. Risk Management Optimization: C
FREE
Core Positioning Advanced analytical tool designed specifically for MT4, providing in-depth analysis of trading history, uncovering data insights, optimizing strategies, and enhancing profitability. Core Usage Strategy Performance Evaluation: Analyzes profitability, stability, and risk to provide an objective rating from A+ to D. Trading Pattern Discovery: Identifies high-quality assets, time periods, and profit-making habits suited to different market conditions. Risk Management Optimization: C
FREE
In multi-asset, multi-position trading environments—such as those involving forex, stocks, gold, and other instruments—traders often face a critical pain point: when holding multiple positions in the same instrument, it’s difficult to quickly and intuitively assess the current market price relative to all long and short positions. This makes it challenging to accurately determine the overall average entry cost, leading to delayed stop-loss and take-profit decisions. The problem worsens with mixe
FREE
TrailingTrader MT5 – Trailing Stop-Loss and Take-Profit Script  Upon activation of the TrailingTrader script , open positions of specified trading instruments in the quote window will automatically implement an intelligent trailing stop strategy. This helps traders lock in profits and manage risks without the need for manual monitoring and adjustments. Core Configuration Parameters Symbol : Specify the trading instruments for which trailing stops should be applied. Use English commas (,) to sepa
Filter:
No reviews
Reply to review