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FourAverageMT5

5 purchases per month

30 USD

Demo downloaded: 1 652

Published: 15 April 2014

Current version: 2.7

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Overview
Reviews (4)
Comments (40)
What's new

FourAverageMT5

Indicators
Mikhail Sergeev
Version: 2.7
Updated: 18 May 2025
Activations: 5

FourAverage is a new word in trend detection. With the development of information technology and a large number of participants, financial markets are becoming less amenable to analysis by outdated indicators. Conventional technical analysis tools, such as a Moving Average or Stochastic, in their pure form are not able to determine the direction of a trend or its reversal. Can one indicator indicate the correct direction of the future price, without changing its parameters, based on the history of 14 years? At the same time, do not lose adequacy with sideways market movements? Answer: yes, it can.

Our team has developed an indicator that has a fairly powerful and effective mechanism for adapting to changing market conditions. In 2025, the leading trend indicator “FourAverage” is entering a new phase of development. Modern cryptocurrency and stock markets seem to have been created for this indicator. The unique smoothing formula allows you to adjust (identify patterns) the indicator for any features of a currency pair or other instrument. Now, in order to make a profit, one indicator is enough, and this is just the beginning. In combination with other tools or as a signal filter, the benefits of FourAverage are enormous. The indicator has a built-in function that draws arrows and displays the result of the previous trade on the indicator. This makes it very convenient to check the history.

It is very easy to use this trend indicator. 1) Identify an asset with good growth potential. 2) Use a set of built-in indicator settings or select your own option. 3) You are waiting for a signal from the indicator to open a deal. 4) Open a position and get a profit and an exit point if a negative scenario starts to unfold.

The indicator has built-in settings. You can order the addition of a new set of settings. Just write in the reviews for this indicator which symbol and timeframe you need.

The indicator does not redraw on the bars that have formed. If the bar is closed, the indicator readings remain unchanged. The indicator works on any timeframe from M1 to MN.

Free Expert Advisor for selecting indicator parameters
Download the demo version (does not show the last 3 bars)
Additional resources and information about the FourAverage indicator

Indicator Parameters:

PreSets - Here you can select ready-made sets of settings or select the manual mode. When you select a ready-made set, the following parameters stop working.
FAcalculationsettings - Parameters for calculating the histogram of the indicator. All parameters except "Filtr" have a recommended operating range of values from 1 to 200.

more...

1470

Zentrader2015 2020.03.26 00:48 #

Really like it!

1690

Wan Ping Fei 2019.01.06 04:27 #

This is a good EA, but it is really cool. Full of curability

The most powerful indicator I have used so far....:)

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Do you have a trading idea or an insider, but constantly miss the entry point? EasyEntry, the signal indicator of the optimal entry point, will help you open correctly. High-precision signals at the very beginning of the movement. The indicator was created by the unique artificial intelligence ForexAI. The principle of opening positions is based on a unique adaptive algorithm for recognizing candle patterns. Simultaneously analyzes data from 7 major currency pairs. Uses global market patterns. F

FREE

Удобный трендовый индикатор. Не меняет своих значений. Имеет огромные возможности для настройки. Не требователен к ресурсам компьютера. Создавался для работы в системе BearsHunter. Эксперт МТ5 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30381 Эксперт МТ4 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30383 Параметры: m1_MA_Mode_1 - метод усреднения(0-9). m1_MA_Mode_2 - метод усреднения(0-9). m1_MA_Mode_3 - метод усреднения(0-9). m1_P

FREE

Ilanis is and Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the

30 USD

IlanisNeuro is a modification of Ilanis . The EA uses averaging. Neural network is used for opening positions. The network has been trained on seven major currency pairs (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD) for the period 2004-2017. Real account monitoring: https://www.mql5.com/en/signals/author/fastinvestments The free version of the Expert Advisor: https://www.mql5.com/ru/market/product/25165 Ilanis Expert Advisor Does not require setting the parameters. Ready to work on E

35 USD

Ilanis is an Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the

30 USD

Easy start: Everything is already set up. The minimum Deposit is $ 100. Quick result. Convenient interface. On the stock exchange, you can often hear that averaging, martingale, and other types of progressive money management do not work. The reality is that more than 90% of successful, highly profitable and long-standing signals use this method of money management. The situation is similar with top PAMM accounts. Sparta is a fully automatic multi-currency expert Advisor that uses a unique

550 USD

Investo is a fully automatic, professional trading robot. Designed specifically for the foreign exchange market. A unique index calculated on the quotes of eight currencies pairs is used to make a decision. The analysis is carried out taking into account the global situation in the market - it provides unique opportunities for price forecasting. Multi-currency analysis allows you to trade on a variety of instruments without changing the parameters and opens the possibility of hedging.This robot

250 USD

DevilFish is a fully automatic, multi-currency trading system. Trading is based on explosions of price activity. Big profits, low drawdowns and good hedging results. Minimum Deposit: $ 150. No configuration required. Accounts: Netting, Hedging. Currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY. It works on hourly bars and is not demanding on the quality of the Internet connection. Works in the strategy tester in the "open prices only" mode. Does not use the super short tra

54 USD

IlanisNeuro MT5 - expert variation Ilanis . The expert Advisor uses averaging. A neural network is used to open positions. The network was trained on seven major currency pairs (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD) in the interval 2010-2019. Compared to the MT4 version , the expert Advisor was able to multi-currency trading from a single chart and was retrained on fresh data. Version monitoring for МТ4: https://www.mql5.com/en/signals/339250 Free version: https://www.mql5.c

30 USD

Aver is a fully automatic multi-currency robot. The Expert Advisor uses the classic medium-term averaging model. Limit orders are used to open positions. Price data is taken from weekly charts, this allows you to minimize the distortion of the work of different brokers. Monitoring: https://www.mql5.com/en/signals/912803 EA Aver It does not need to configure parameters. Automatic mode is ready to work on EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD. You only need to decide on the

30 USD

Easy start: Everything is already set up. The minimum deposit is $ 50. User-friendly interface. BlackQueen is a fully automatic, professional trading system. Stable entry points based on global price movements. Multi-currency trading, the ability to choose a strategy, unlimited customization potential for any trading tools. Main features: Accounts: Hedging. Currency pairs when working in automatic mode: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY. It works on hourly bars and is n

600 USD

A deep learning neural network specially designed for the Forex market. It works on EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY pairs. Everything is already set up. To start trading, simply set the Expert on the EURUSD H1 chart. The minimum deposit, when trading all currency pairs, is $ 150. User-friendly interface. Monitoring of real accounts: Our products undergo mandatory testing on real accounts. At the moment, this is the only way to reliably check trading robots. Real account

30 USD

A fully automatic multi-currency expert Advisor. Averaging of positions is used. A new unique approach to stability and sustainability in the creation of trading systems. It does not require any settings or complicated actions. Simply install the Expert Advisor on the eurusd h1 chart and change the money management mode if necessary. Stability, profitability and ease of use are the main principles of this trading robot. Be sure to use the account type with the possibility of hedging. The leverag

300 USD

How much profit is lost due to an incorrectly set takeprofit. And how many candle patterns refused to work due to the fact that there was no area of interest for bidders at the place of their formation. Missed profits and unprofitable entries when choosing the right global direction are always a shame in threes. Trading brings a lot of pain and chaos when we try to trade without clear goals. Usually, in trading manuals or in analyst forecasts, they draw the channel and levels the way they see it

35 USD

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1470

Zentrader2015 2020.03.26 00:48 #

Really like it!

122

Константин 2019.11.17 10:43 #

У меня так и не получилось включить оптимизацию.Настраивал под фортс Si.

1690

Wan Ping Fei 2019.01.06 04:27 #

This is a good EA, but it is really cool. Full of curability

The most powerful indicator I have used so far....:)

822

Igor Dervuk 2016.12.13 12:27 #

User didn't leave any comment to the rating

Version 2.7 2025.05.18

Levels are no longer set automatically when the indicator is updated or reinitialized.

Version 2.6 2025.05.06

XAUUSD(Gold), H1, RBTI - Added a set of settings with a new way of interpreting the trend. The new interpretation allows you to change the sensitivity level for purchases and sales separately. These settings were obtained when testing the indicator as part of its RBTI rating.

Version 2.5 2025.03.13

A new set of settings has been added: TP 3X: BTC USD(Bitcoin), BUY, H1.
This set can be used as a full-fledged trading system: https://www.mql5.com/en/blogs/post/761304

Version 2.4 2025.03.12

The built-in settings no longer control the color of the indicator.

Version 2.3 2025.03.12

A new set of settings has been added with the output of three takeprofit targets: "Scalp: XAUUSD(GOLD), BUY, H1"

Version 2.2 2025.03.06

+ Elimination of errors when switching the time period.
+ Code optimization.

Added new sets of settings:
+ "XAUUSD(Gold), BUY, M15"
+ "XAGUSD(Silver), H1"

Version 2.1 2025.02.27

Оптимизация кода

Version 2.0 2025.02.26

Sets with ready-made settings have been added.
Code optimization.
Improved operational stability.
Updated the description.

Version 1.9 2025.02.17

+ Error correction
+ Improvements to the profit rendering system

Version 1.8 2020.08.05

Optimization for the new version of the terminal.