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Free Expert Advisors and Indicators for MetaTrader 4 - 8

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.
Time to Trade Trading timing indicator is based on market volatility through 2 ATR indicators to determine the timing of a transaction. The indicator determines the times when the market has strong volatility in trend. When histogram is greater than 0 (blue) is a strong market, when histogram is less than 0 (yellow) is a weak market. Should only trade within histograms greater than 0. Based on the histogram chart, the first histogram value is greater than 0 and the second histogram appears, this
FREE
ADXPivot XauUsd MT4
COSMOS4U - D. Vezeris & Co, L.P.
Financial freedom with realistic mindset New product by COSMOS4U ADXPivot XAUUSD                                                                                                                                                                                                                                                                                                     The needs of the average investor for financial freedom by using reliable and realistic products are greater than eve
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*This is tradingview indicator converted to mql4* The Chandelier Exit Indicator is a popular technical analysis tool developed by Chuck LeBeau. It is designed to help traders identify potential exit points for their trades based on market volatility and the concept of trailing stops. The Chandelier Exit Indicator consists of three main components: Average True Range (ATR): The indicator utilizes the Average True Range, which measures market volatility. The ATR calculates the average range bet
FREE
Lisek Stochastic
Darius Hans Lischka
3 (7)
Lisek Stochastic   oscillator indicator with Alarm, Push Notifications and e-mail  Notifications. The Stochastic indicator is a momentum indicator that shows you how strong or weak the current trend is. It helps you identify overbought and oversold market conditions within a trend. The Stochastic indicator is lagging indicator, which means it don't predict where price is going, it is only providing data on where price has been !!! How to trade with Stochastic indicator: Trend following: As lon
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Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO MACD is called Convergence and Divergence Moving Average, which is developed from the double e
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Momentum Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough and in
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Ratio widget
Aleksandr Krokhalev
5 (2)
The indicator helps to determine the potential for price movement within the day and on a trend. For calculations, the average price movement on the instrument is used. If you have a problem setting TP, the indicator allows you not to overestimate your expectations. For volatile instruments, the SL position can also be taken into account. If the entry was in the right place, the risk / reward ratio will prompt a profitable level for profit taking. There is a reset button at the bottom of the sc
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ADX Line AM
Andriy Matviyevs'kyy
4.67 (3)
The indicator analyzes ADX and ATR data to define the current trend and allow traders to gain maximum profit from strong price movements. The indicator is intuitively clear: line direction change - trend direction change. Change of the line color warns of a coming direction change. Extended version of this indicator - Line on Osc . Customized parameters: Ind_Period (>1) - ADX calculation period; Sensitivity (>1) - ATR sensitivity. Alerts - show a dialog box containing user data; Send_Mail - send
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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 only
FREE
Vortex Trend Indicator
Francesco Petralla
3 (5)
Developed by Etienne Botes and Douglas Siepman, the Vortex Indicator consists of two oscillators that capture positive and negative trend movement. In creating this indicator, Botes and Seipman drew on the work of Welles Wilder and Viktor Schauberger, who is considered the father of implosion technology. Despite a rather involved formula, the indicator is quite straightforward to understand and easy to interpret. A bullish signal triggers when the positive trend indicator (VI+ green line) crosse
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This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: SuperTrend Scanner The free version works only on EURUSD and GBPUSD! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 With the following FREE indicator you
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Pipsurfer EA Strategy 4
Clinton Keenan Obinna Butler
Indicator for the 4th strategy of the Pipsurfer EA. This indicator will allow the user to visually see the points of entry for strategy 4 of Pipsurfer. In the settings you will be able to adjust the parameters to mix and match to your trading style and find the settings that you want to either trade manually or tune the EA to do. Strategy 4 uses a market structure trend continuation approach to trading and looks for confirmed highs in downtrends and confirmed lows in uptrends to find great trend
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Based on famous and useful indicator - Super Trend, we add some features to make this Indicator much easier to use and powerful. Ease to identify the trend of any chart. Suitable for both Scalping & Swing Better to use in the trending market be careful in sideway market, it might provide some fake signals Setting: ATR Multiplier ATR Period ATR Max Bars (Max 10.000) Show UP/DOWN node  Nodes size Show Pull-back signals  Pull-back filter ratio Period of MA1  Mode of MA1 Period of MA2  Mode of MA2 A
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Broken Trends
Nikolay Likhovid
4.75 (4)
Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an adva
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MQLTA Currency Strength Lines
MQL4 Trading Automation
4.89 (9)
The Currency Strength Lines (CSL) indicator is a very useful tool for both beginners and experienced traders. It is able to calculate the strength of single currencies and show them on a chart, so that you can see the trend and spot trading opportunities. How does it work? The CSL Indicator will run calculations on all the 28 pairs, resulting in the overall strength across the market of individual currencies at any given moment. You can use this data to spot currencies that are strong, getting
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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 MT5 version   here You only open the
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FracLine
aleksandr butkov
4.5 (4)
The "FracLine" Expert Advisor uses trend lines based on fractals to open a position. It works at closing prices, so optimization and testing can be performed at open prices. The time frame and tool can be anything. Definition of a fractal for this EA: a fractal is a 9-candlestick pattern, where the central one is the maximum (in an upward movement) or minimum (in a downward movement) in this pattern. A prerequisite is that to the left and right of the high (fractal candle) there must be a
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MetaTrader utility MTI (Main Trading Info) – shows the basic trading information for a trader, namely: average and current spread size Swap size for short and long positions Cost of 1 pip for 1 trading lot Stop Level size (minimum distance for placing pending orders) Time until the end of the current (red) and time until the start of the next (gray) trading session The time until the end of the current trading session is displayed in red, the time until the opening of the next session is display
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IndoTrend
Gusti Ngurah Komang Panji Pramana
5 (3)
Indotrend is a Smart indicator to detects the Trend and also view support & resistance, multiple timeframe to get validate the trend. it can be use for Forex,Index,Metal,Stock and Crypto. Parameters: Alerts - show popup alert message on Metatrader  Hi Lo H1 Timeframe - Show LIne Hi/Low Price base on H1 timeframe Show Fibonaci level - Show Fibonaci retracement level Show Support Resistance, - Show Support & Resistance H1 timeframe.
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We Trade Live Trend Candle Stick can help identify potential trend in the market when  trading, spot market trends and predict future prices.  We Trade Live Trend Candle Stick has a smoother look, as it is essentially taking an average of the movement.   candles will  stay RED during a downtrend and Green during an uptrend . We believe It's useful for making candlestick charts more readable and trends easier to analyse. As a breakout trader you are looking for trades that are ‘breaking out’ of
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About Waddah Multimeter (free): This product is based on the WAExplosion Indicator. It helps identify explosive market trends and potential trading opportunities. Waddah Multi-meter (Multi-timeframe) Check out the detailed product post here for scanner and multimeter both: https://www.mql5.com/en/blogs/post/758020 Please note that scanner is paid and multimeter is free. Features: Waddah Trend Direction Trend Strength (above/below explosion line or deadzone) Trend Explosion Alert Alignment al
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TrendFinder Volume
Jose Miranda Ramos
5 (1)
TrendFinder VolumeI are Colored candlesticks showing the trend based on Volume and Slope of Trend This indicator will give you the color change on the next bar on the confirmation candle and will never repaint Lime Green = Possible Buy (Volume up),  Teal Green = Bullish Weak (Volume Decreasing), Red = Possible Sell (Volume up) , Orange = Bearish Weak (Volume Decreasing) TrendFinder Volume is optimize to trade on any market and to be used trending and None trending markets. For best results us
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Ratio market
Aleksandr Krokhalev
4.38 (16)
Volatility under control. The indicator shows the optimal depth for setting goals within the day and on the average trend. It also builds pivot zones for the estimated correction depth. As an accompaniment, the key levels of the structure are displayed for several timeframes. Classical volatility indicators ATR & ADX on fixed timeframes are used for calculation. The calculation takes into account the spread, and if the market is slightly volatile, you will see a warning about the risk. You can c
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ADX Trigger AM
Andriy Matviyevs'kyy
5 (1)
The indicator is an interpretation of the Average Directional Movement Index (ADX) allowing you to determine if there is a price trend. It was developed by Welles Wilder and described in his book "New concepts in technical trading systems". The indicator determines entry points and uses crossing of ADX +/- lines and growth or fall of the main ADX line. When the indicator crosses the zero line, the trend is changed. If the oscillator's value is 1 - the price grows, the trend remains; If the oscil
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Gegenpressing
Mr Thadanai Chulasamaya
4.2 (5)
This EA has no stop loss. All risks are at your discretion. This is Free EA,  It can make you profitable if you use it carefully. Please don't ask for the MQ4 file, I'm using it to develop other robots. Gegenpressing EA  is a fully automatic Expert Advisor for  Scalping  Trading on  XAUUSD timeframe M1 but also in others.   The basic strategy starts with Market order in Trend Following, so this EA  Follow the Trend . M1 Trend…. very very fast.  If you like this EA and want to help me de
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Tarantula
Sergey Kruglov
3.67 (6)
Tarantula is a trend Expert Advisor that looks for entry points based on the standard Moving Average indicator. It works with two timeframes selected in the settings. The EA looks for the points of trend change and opens an order when the signal matches on different timeframes. All orders are protected by stop loss. However almost all orders are closed by the EA on a signal change. Parameters SL - stop loss. TP - take profit. OnWork_1 - enable/disable searching for signals on the first timefra
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Ska ZigZag Line
NKATEKO VUKOSI LEROY MASANGO
Ska ZigZag Line indicator determines the overbought and oversold regions within a trend. The indicator determines the overbought region by the candlestick high and the oversold region by the candlestick low in a form of a line. To utilize the full strategy i recommend using "Ska ZigZag Line" together with "Ska ZigZag BuySell". NOTE: This indicator is a line based indicator. HOW TO USE: Sell Signal; Place a sell trade when the Ska ZigZag BuySell indicator arrow appear on top of the Ska ZigZag Lin
FREE
Trend Power Bot
Lachezar Krastev
2.56 (9)
Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)
FREE
Channel Builder
Aleksey Ivanov
4.71 (7)
The Channel Builder (CB) or Ivanov Bands indicator is a broad generalization of the Bollinger Bands indicator. First, in CB, the mean line <X> is calculated using various averaging algorithms. Secondly, the mean deviations calculated by Kolmogorov averaging are plotted on both sides of the middle line <X>.                The middle line <X>, besides the standard SMA, EMA, SMMA and LWMA averaging algorithms, can be Median = (Max + Min) / 2 sliding median (which is the default). In
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MACD Twister
Vo Mai Chi
4 (1)
The trading strategy bases on MACD signal and confluence of trends on multiple time frames. It supports martingale, smart trade and many options so that you can setup their own trading strategy from the basic one. Look for new idea, improve trading performance by yourself without limitation. Outstanding Features Martingale trading : turn on/off martingale strategy. When you find out a parameter set which has a small value of maximum continuous loss, you can consider to turn on martingale mode
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Trendy Stock is a price following indicator that uses Stochastic to show when the price is out of the oversold or overbought areas.  The algorithm allows you to stay longer in a trend where the bulls or bears are in control. The indicator changes color immediately the price exits oversold/overbought state. In short, the downtrend [red] bars start to paint when the buying pressure decreases while the uptrend [green] bars form as the buy pressure kicks in.  For MT5 version, follow ::     https://w
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COSMOS4U Volume MT4
COSMOS4U - D. Vezeris & Co, L.P.
1 (1)
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges. The supported features are as follows: Fast Volume Moving Average Slow Volu
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ADX Signals
Mohamed Amine Talbi
The ADX Indicator is known to be used to determine the trend direction. Not only that, but it also has deviation (+DI and -DI) that determine the direction of the trend as well. The role of the indicator is to spot the trend and its direction and generate signals accordingly. Indicator Settings: - ADX period : default is 14 periods (it works best with the timeframe H1). - Signal Width : the size of signals arrows. - Signal Distance : the distance of the signal arrow from the candle. - Signal c
FREE
EA Pamm Global
Truong Vu Van
2.33 (3)
This EA opens a buy sell order based on the H4 trend. When the price goes over 100 pips ea keep opening orders against the price until the profit is positive and EA will close all orders and continue the new round.  Requirement -          Flatform: MT4 -          Symbol: XAUUSD. -          Time frame: M15 -          Minimum deposit: >500$ -          Leverage: 1:500 and higher -          ECN broker -          Virtual Private Server hosting (VPS) Parameters
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FATL adx AM
Andriy Matviyevs'kyy
5 (1)
The product combines the best features of the standard ADX oscillator with the adaptive digital filter. The indicator allows entering and exiting the market at the very beginning and end of a trend. The indicator generates high-probability signals while retaining high sensitivity. The indicator does not repaint on fully formed bars. Options: Ind_Price - price used for the indicator calculation; Ind_Period - indicator period. Application rules: A big red dot - a strong bearish trend, if the price
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The Sniper Expert Advisor is a semi–automatic expert whose main task is to open trades according to the trader's strategy using the so-called "Safe" rule as well as an overclocking position, which is used in combination with the failed "Safe" rule. It is worth noting that the expert does not analyze the market according to the sniper strategy , but is an ordinary assistant for the implementation of a popular approach to money management. It is also worth noting that the Expert Advisor works
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Spots MT4
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
The Spots Indicator can be used for Entering and Exiting your trades based on the common candlestick patterns such as: engulfing, hanging man, doji etc. It is designed to publish desktop and mobile notification every time a signal is triggered. However, it is worth noting that this indicator is recommended to be used with other indicator for confirming the entries. It is best to use it with the   Investment Castle Trend Lines indicator  and the   Supply and Demand indicator
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Simpletrade
He Shu Dao
4.5 (2)
A forward-looking EA that combines a Bollinger band and a parabolic indicator. Simple trading based on day trading. The maximum drawdown is a single digit, and the balance forms a clean upward trend. The stop loss value is larger than the take profit, but the winning percentage is profitable. The maximum number of lots is 0.1. The maximum number of positions is 1. The usage time is 30M.
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SPREADEX e' un indicatore per MT4 e MT5 che indica la distanza dell'ASSET dal GP. il GP e' il prezzo del vero valore dell'ASSET sottostante ottenuto per stima. Il GP e' come una calamita, attira il prezzo dell'ASSET con alta probabilita' ed all'interno della stessa giornata di trading. Quindi SPREADEX indica quali sono gli asset piu distanti dal GP al momento in tempo reale. Fornendo un punto di vista al TRADER su quali asset concentrarsi e cercare eventuali segnali di inversione dei prezzi per
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Draw and Sync Objects MT4
Nguyen Thanh Sang
4.8 (10)
Draw and Sync Objects Multiple Charts 1. Draw objects by key press. ( You must: 1.  Press Function key =>   2.   Click where you want to draw =>   3.   Draw it =>   4.   Press ESC to complete). (If you don't want to draw after pressing function key, you must press ESC to cancel). 2.   Developing  : Sync selected objects to multiple charts by button. 3. Developing: Hide objects that do not belong to the current symbol (Objects drawn with this indicator will belong to the symbol they are plotted
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The HedgeFund Experiment
Augustine Kamatu
1 (1)
The HedgeFund Experiment This is a basic version of the professional version; The HedgeFund Manager  https://www.mql5.com/en/market/product/85241 It is a multi-currency EA that needs only to be loaded in one chart. It will access all Forex pairs or CFD provided by your broker and will only trade those with a spread less than or equal to MaxSpread specified in the settings. It uses standard Metatrader4 indicators to generate signals but with a customized trend filter to pick which pairs to includ
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Dow trend bands
Mariusz Piotr Rodacki
This indicator is not only for trading but also for learning, thanks to it, you can learn to identify trend, support and resistance. You've probably heard about the Dow trend theory, where higher highs and higher lows indicate an uptrend, and lower highs and lower lows indicate a downtrend. This indicator determines this trend based on the Dow Theory. You just need to enter a number representing the number of candles between extremes. The optimal solution is the number 3 (H1 TF), unless you
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PLEASE HELP REVIEW/ SUPPORT/ SHARE THIS OTHER INDICATOR  HERE  https://www.mql5.com/en/market/product/51637  AS YOU DOWNLOAD THIS ONE FOR FREE. THANKS. A. This pivot indicator shows the days Pivot Price. Yellow line is pivot point. Blue line is resistance and red line is support. B. It also shows Resistance  R0.5, R1, R1.5, R2, R2.5, and R3 C.It also shows support S0.5, S1, S1.5, S2, S2.5, and S3 INPUT: Under input you will see 3 Variables 1.ExtFomula. Here you can set your preferred exit at a
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Trend and correction indicator
Alexander Nikolaev
4.11 (9)
The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
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GTAS FibTdi
Riviera Systems
3.2 (5)
GTAS FidTdi is a trend indicator using combination of volatility and potential retracement levels. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The indicator is represented as a red or green envelope above or under prices. How to use Trend detecting When the envelope is green, the trend is bullish. When it is red, the trend is bearish. Trading Once a trade is opened, GTAS FibTdi shows retracement zones
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Digital MA Crossing
Andrei Gerasimenko
4.2 (5)
The indicator displays two Moving Average lines on the chart with parameters specified in the settings. It issues a signal in the form of arrows and a sound at the intersection of these   Moving Average. In the indicator settings, you can set the period of fast       Moving Average (   Fast MA Period   ) and slow       Moving Average (   Slow MA Period   ). And also   Shift, Applied Price, Method   and   Timeframe   for two Moving   Averages   separately. Important: The main difference from oth
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Skan
Niravkumar Maganbhai Patel
4.75 (4)
SKAN   This indicator helps you to scan all symbols which are in the Market Watch window and filter out a trend with alerts. It works on five most effective indicators which are used by most of traders for trading: Moving Average Super Trend (ST) Bolinger Band (BB) OPRC BFD It calculates two bars for scanning. When box colour changes to coral or royal blue colour, it indicates you for trend change for long and short entry. And also you will get alert on screen. When it changes to royal blue, it
FREE
Introduction and Description Colored candlesticks showing the trend based on two moving averages and the slope of the slow moving average. A trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as a trend, whi
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MTF Alligator
Alexander Pekhterev
4.78 (9)
This is an indicator detecting trend direction. It uses the popular Bill Williams Alligator. It shows market state on all timeframes on one chart. As is well known, traders gain the main profit on the Forex market trading by trend, and losses usually occur when the market is flat. So, in order to gain profit a trader should learn to detect trend market and direction of a current trend in a rapid manner. This indicator has been developed for this purpose. MTF Alligator helps to: Profitably trade
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The " Multi Kernel Regression " is a versatile trading indicator that provides graphical interpretations of market trends by using different kernel regression methods. It's beneficial because it smoothes out price data, creating a clearer picture of price movements, and can be tailored according to the user's preference with various options. What makes this indicator uniquely versatile is the 'Kernel Select' feature, which allows you to choose from a variety of regression kernel types, such
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Rua AlertTrendLine
PHAM KIM QUY RuaCoder
5 (1)
Indicator Rua Alert Trend Line. This indicator will notify when the price breaks any trendline on the chart. Notifications will be sent to the phone and on MT4. Custom parameters:     in_NumbersAlert: The number of notifications that will be sent when the price breaks the trendline. A product of Ruacoder Provide code indicator and EA services upon request. Contact: Telegram : https://t.me/Ruacoder
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Trend Support and Resistant levels
Fawwaz Abdulmantaser Salim Albaker
Dear Friend ... I hope and Wish a happy new year to all of you .. as i told you < this is a simple Utility EA can helps you in your trading . he helps you to ensure that your decision is correct to enter the market . it is work on all currency pairs , stocks ,indices and crypto . its easy to install . no complicated inputs.  this EA works as follows : it's main work is to detect the highest price and the lowest price on H4 & H1 time frame and draw resistance and support and trend  every line has
FREE
Intraday Setup
Che Jeib Che Said
5 (1)
Intraday Setup Indicator uses Bollinger Bands as a main indicator to find a good setup filtered with candle stick pattern  such as engulfing and pin bar. This is great tool for those who trade with Bollinger bands for entry or use it as a filter for trend. It is suggested to use a higher time frame when using this tool. There are many input setting for user to conveniently find a good probability setup. 
FREE
StarBody
Gabriele Tedeschi
5 (1)
StarBody è un indicatore istogramma che rappresenta la dimensione delle candele in relazione al loro volume ed evidenzia quelle più grandi delle precedenti. La formula per il calcolo dell'altezza dell'istogramma è semplice quanto efficace: Ampiezza * Volume La grafica indicherà tutte le candele più estese delle precedenti in base alle impostazioni scelte. L'indicatore può essere utile, a volte indispensabile, nelle strategie che prevedono lo sfruttamento della continuazione del trend. Le strat
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After purchasing, you can request and receive any two of my products for free! После покупки вы можете запросить и получить два любых моих продукта бесплатно! Trend signal plus  is a trend advisor. The EA is based on the following indicators: Bollinger Bands, Moving Average, RSI. Entering a buy / sell position is carried out according to a trend on rollbacks on a signal with partial closing of the first position at a small take profit. Currency pairs:  H1; M30  (EURUSD, GBPUSD, EURJPY, EURGBP
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Hedge 2 pare
aleksandr butkov
1 (1)
An Expert Advisor with a choice of currency pairs and lot size is   published HERE. The advisor works on a diversification and hedging strategy. Currency pairs: EURUSD and USDCHF, orders for which overlap (compensate) the final result. Timeframe: from M5 to H4. The advisor's strategy: · We open one Buy deal on EURUSD; · If you have reached profit, then close the deal; · If the price went against us, open a new Buy deal, but already on the USDCHF pair; · After a while, one of the
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Improved Fractals
Denis Glaz
3.67 (3)
This is a modified Fractals indicator. It works similar the original Bill Williams' indicator, and is additionally enhanced with the possibility to change the top radius, in contrast to the standard radius of 2 bar. Simply put, the indicator checks the top and if it is the minimum/maximum in this radius, such a top is marked by an arrow. Advantages Adjustable radius. Use for drawing support and resistance levels. Use for drawing trend channels. Use within the classical Bill Williams' strategy or
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Bollinger Bandwidth Indicator
Amirhossein Ghasemi Moroodi
After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Bollinger Bandwidth Indicator for Advanced Market Volatility Analysis The Bollinger Bandwidth Indicator, meticulously developed in MQL4, is a sophisticated tool designed to elevate forex trading analysis. It harnesses th
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Kalman Retracement Indicator
Miguel Angel Marina Garduno
5 (2)
NOTE!: The trend vote and the buy sell option shall match to the same direction before you put a trade!! Indicator that uses Kalman filters (same as used on autonomous vehicles for data fusion between different sensors / technologies such as RADAR, LIDAR and Camera with Artificial Intelligence for object detection) by using the high and low price in order to identify buy and sell signals as indicated on the graph. This indicator can be used on any timeframe with any currency or symbol. Thi
FREE
Volatility Limit Trend
Safwan Rushdi Khalil Arekat
5 (1)
Volatility Limit Trend Indicator (VLT), an original indicator by this developer,  is a trend indicator based on setting a fixed volatility limit as a percentage of price. Volatile price is allowed to wander between two channel lines defining the fixed volatility about a central line. The price crossing one of the channel lines defines an exceeding of the allowed volatility, and ushering in one of two situation : either a continuation or a reversal of trend. The first buffer of the indicator (not
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Trend River Pro
Bhorania Dhaval
5 (1)
21 simple moving average ( All Type of 21 MA River ) 51 simple moving average Long Entry Upper 51 MA and above the 21 River Middle channel. Long Only Above Green Line (Market Opening Line)   Short entry Below the lower 51 MA and below the 21 lower channel. Short Only Below Green Line (Market Opening Line) Exit position Initial stop loss is 20 pips below (for buy) or above (for sell) Target : Next level as per indicator   Profit Target ratio 1:1.2 Download Template : https://drive.google.c
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Trend Mate
ANGEL CALLE CRUZ
5 (1)
TREND MATE is an useful indicator that will support your decision to trade according to the current trend. It is possible to configure alert and push notification to receive when entering to first candle for bull / bear trend. If you want to use this indicator for a EA, use the function iCustom as follows: DOWNTREND : iCustom(NULL,0,"Trend_Mate",0,0) . If downtrend result is "1", otherwise is "0". UPTREND : iCustom(NULL,0,"Trend_Mate",1,0) . If uptrend result is "1", otherwise is "0". Fo
FREE
Fractal Divergence Channel is based on the fractal divergence patterns , representing them in the form of a channel with the borders changing the moment the next pattern appears. The upper border of the channel corresponds to the upper part of the last found bearish fractal divergence pattern. The lower border of the channel is the lower part of the last found bullish pattern (see screenshot 1). Compared to the FractalDivergence_Patterns indicator, the channel version has the same parameters wit
FREE
WindFlow HTF
Carmine Pinto
4.67 (3)
WindFlow HTF is a useful tool suited to use in conjunction together with my WindFlow indicator. This indicator will give you a background vision about the price action trend on a higher timeframe, so when it runs with the WindFlow indicator you have an almost complete trading solution. At this point, you only need some support/resistance analysis and a bit of focus to become a consistent trader. The metaphorical "wind's ballet" Professional traders know that every timeframe is governed by its
FREE
Fibo Signal
Mohammad Reza Aghaei
2 (2)
This powerful tool helps you to easily access Fibonacci tools at different times and in different markets. This tool has the ability to send signals based on Fibonacci as well as setting alarms to be aware of broken Fibonacci levels. Among the capabilities of this tool are the following: Identifies market trends Fibonacci auto design If Fibonacci levels are broken, it sends a message Send Fibonacci signal Manuals: After selecting the target market, run the tool In the input settings accordi
FREE
High Pass Filter Candlesticks
Safwan Rushdi Khalil Arekat
This indicator applies the  biquad high pass filter to the price-chart data, and displays the filter output for the OHLC as candlesticks. The candlesticks corresponds to the actual calculations of the filter value  during the formation of each price bar (not from all historical highs lows or closes). The shape of the bars therefore corresponds directly to the shape of each price bar. High pass filters are an underappreciated type of oscillator that are seldom used in technical analysis in the st
FREE
Contrarian Forex Options MT4
Tshepo Ignitius Mogorosi
Robot CFO1.2EA is an innovative financial management system designed to optimize portfolio performance through the integration of contrarian, hedging, and grid techniques. Leveraging cutting-edge artificial intelligence algorithms, it provides sophisticated risk management and investment strategies tailored to meet the unique needs of your financial portfolio. Robot CFO1.2EA employs a contrarian investment approach, capitalizing on market inefficiencies and deviations from the norm. It identif
FREE
Gloxen FX Gold EA
Sayan Vandenhout
Gloxen 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 5 great strategies The EA can be run on even a $200
FREE
Forex Fraus MAD DOG
Dmitriy Zaytsev
3.5 (2)
The Expert Advisor of the Forex Fraus is designed for scalping the EURUSD (for five-digit quotes) and adapted for the accounts with fast execution of orders. Operation Principle When a signal is received, the orders are opened by accumulation using tick data; The robot does not apply indicators and other analytical systems. The signals are calculated using H1 and M1 chart processing results; The EA has three operation modes; Normal : uses the filter for trend trading; Turbo : uses the filter t
FREE
Hedge Obasan EA
Hong Ling Mu
3 (2)
I have designed a logic based on the widely used RSI indicator in Forex trading. Normally, it is well known that entering trades when the RSI value is overbought or oversold is effective, but it is not very effective when the trend reverses. Therefore, as a countermeasure, this EA (Expert Advisor) enters counter-trend trades after entering based on the RSI value. In other words, it uses a grid order strategy, but instead of placing orders at fixed intervals, it places additional sell orders when
FREE

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