• Overview
  • Reviews (5)
  • Comments (3)
  • What's new

PZ Balance Guardian MT4

3.5

This Expert Advisor constantly monitors the balance and P/L of your trading account to prevent costly drawdowns and/or take profits. When a certain drawdown or profit target is reached, the EA will alert, close all trades and in some cases, delete all pending orders. Optionally, it can also close all charts to remove all EAs operating in the account.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

The following features are implemented and can be enabled or disabled at will:

  • P/L Maximum Loss
  • P/L Profit Target

Other benefits are:

  • Dead easy to use
  • It implements alerts of all kinds
  • Reports to the terminal

Technical information:

  • It executes every tick and displays information on the chart
  • It monitors all trades and magic numbers on the account
  • It can be used with the investor password and will monitor and alert on breaches

How to get started

  • Load the EA once a single chart
  • Do not load the EA in other chart
  • Customize your events and setttings
  • Leave the EA alone and never close that chart

Input Parameters

  • P/L Maximum Loss: The maximum equity loss possible for the account expressed in percentage. A value of zero disables this feature.
  • P/L Profit Target: The profit target for the account expressed in percentage. A value of zero disables this feature.
  • Stop EAs on Max Loss: Choose i¡automated trading must be stopped when the max loss is reached.
  • Stop EAs on Profit Target: Choose if automated trading must be stopped when the profit target is reached.
  • Alert Name: Custom alert name for the alert messages.
  • Display Alerts: Enable or disable visual alerts.
  • Email Alerts: Enable or disable email alerts.
  • Push Alerts: Enable or disable push alerts.
  • Sound File: Name of sound file to play on visual alerts.
  • Label Color: Color of the text objects on the screen.
  • Slippage: Maximum slippage in points to close trades.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


    Reviews 5
    Pedro Jaime Rodriguez Cristancho
    145
    Pedro Jaime Rodriguez Cristancho 2023.01.01 07:25 
     

    El EA trabaja bien. En cuenta investor notifica segun los porcentajes y no cierra las operaciones. En cuenta de operaciones funciona igual cerrando todas las operaciones. Por favor aclarar si al depositar o retirar dinero en la cuenta el EA recalcula el porcentaje tanto de profit como de drawdown?

    Recommended products
    Simple RSI Forex Trading Strategy
    Victor Manuel Valderrama Zamora
    2.5 (2)
    Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when RSI indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4. This Expert Advisor can be profitable in any TimeFrame a
    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
    Trend Analizer Bot
    Pavel Predein
    3.33 (3)
    Automatic trading Advisor .This is a free version of the expert Advisor "Trend Analyzer Pro" https://www.mql5.com/ru/market/product/42792.В the robot is based on 2 strategies: at the intersection of moving averages and Bollinger bands indicator .In the paid version, three strategies are available, which increases profitability several times .Designed for the EURUSD H1 currency pair.It is possible to use it on other tools after optimization.Test only on tick data. ** Does not use such dangerou
    FREE
    VR Money Flow Free
    Kenneth Parling
    4.5 (2)
    Introduction Virtual Money Flow free - Lightweight free trading robot based on Money Flow index. Orders set with ISL and take profit is virtual. Equipped with trailing stop and limited money management. How to? Any account type,leverage and time frame Works only on currency pair   EURUSD, optimizations needed in regualar intervals You can start with as low as   $20-50   based on leverage   500 This is  not  a   scalper and trades can therefore be less frequent, be patient! Limited contract size
    FREE
    CCI and ATR Trader
    Evgeniia Terekhova
    3 (2)
    Советник работает на двух индикаторах CCI и ADX. Условия для входа в BUY: 1. ADX пересекает уровень 20 2. CCI пересекает уровень 100 снизу вверх 3. Выставляем фиксированный StopLoss и TakeProfit 4. Закрываем позицию по рыночной цене, когда CCI пересекает уровень 100 сверху вниз. Условия для входа в SELL: 1. ADX пересекает уровень 20 2. CCI пересекает уровень -100 сверху вниз 3. Выставляем фиксированный StopLoss и TakeProfit 4. Закрываем позицию по рыночной цене, когда CCI пересекает уровень -1
    FREE
    StatsBar
    Maksim Kalachev
    StatBar 1.6 Indicator showing balance, earnings for today, yesterday and the day before yesterday. The indicator also shows: - Server; - GMT; - Server time; - Shoulder; - Spread. Description of variables: extern int Magic = "-1"; // Magic for statistics -1 = all 0 = manual extern string Symboll = "-1"; // Symbol for statistics -1 = all 0 = current EURUSD = for EURUSD
    FREE
    Long Waiting MT4
    Aleksandr Davydov
    5 (1)
    Expert description Algorithm optimized for Nasdaq trading The Expert Advisor is based on the constant maintenance of long positions with daily profit taking, if there is any, and temporary interruption of work during the implementation of prolonged corrections The Expert Advisor's trading principle is based on the historical volatility of the traded asset. The values of the Correction Size (InpMaxMinusForMarginCallShort) and Maximum Fall (InpMaxMinusForMarginCallLong) are set manually. Recom
    FREE
    Royal GER30
    Hossein Davarynejad
    5 (3)
    Royal Ger30  This Expert Working On High Time Farm H1 , H4  the Expert can Analyze The Daily and weekly Trend of the Market and  Open Trade on H1 or H4  Trade have Not SL but have Recovery Lot size  Minim Deposit  1k  Fix Lot 0.01 For EightCap Broker because you can Trade with 0.01 on Stocks    Best Time = H1 Make sure to  Add Set File  Symbol GER30,GER Cash , DE40, DE30  on Eightcap  Broker  No need Set File  this Expert Have Auto Set File 
    FREE
    SnowyOwlFree
    RODION SLOTIN
    3 (2)
    The free version of the snowyowl trend adviser, which is based on determining combinations of candle patterns. A virtual trailing stop tracks each open order and groups open orders to close them simultaneously. In the free version, you can only work on one timeframe, while in the paid version, opening orders on the selected TF is a signal to open orders on lower TF.
    FREE
    GS AssistDemo
    Aleksander Gladkov
    The demo version of GS Assist: only EURUSD, limited Lot, Profit and Loss parameters, the Members of Group panel has only two rows. The full version features a built-in Forex Factory news feed to allow closing orders before the news releases. GS Assist is designed for managing orders of other experts and risk exposure. It can run on all forex symbols. The tool can be used as an order manager for other experts and/or as a quick trading tool featuring BUY and SELL buttons. Features: Automatic closi
    FREE
    Harvest FX
    Sayan Vandenhout
    5 (5)
    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 $30
    FREE
    Edge Zone EA FREE
    FXsolutions
    5 (2)
    With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
    FREE
    This EA automatically closes all Open Trades and Pending Orders at your specified Net Profit or Net Loss. The TP and SL for a single trade can easily be set in Meta Trader, on individual basis and on hitting that TP or SL, the trade is automatically closed. However, if you have multiple trades and you want to set a Net TP and Net SL (in terms of profit & loss) for all of them, then Meta Trader cannot help you. Here comes this EA “Net TP Net SL Setter” using which you can set a Net TP and Net SL
    FREE
    Night Scalper EA Lite
    Robots4Forex Ltd
    2.33 (3)
    The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz
    FREE
    Follow The Line
    Oliver Gideon Amofa Appiah
    4.07 (14)
    FOLLOW THE LINE GET THE FULL VERSION HERE: https://www.mql5.com/en/market/product/36024 This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL.  It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more
    FREE
    EAAgrTest
    Dmitriy Susloparov
    3 (1)
    EA_Agr_Test This is a free version of EA_Agr_Full , designed to provide the buyer with the opportunity to check the product not in the tester, but on a live account. Here exactly the same trading algorithm is used, but there is no possibility to change the parameters, except for GMToffset . Orders cannot be more than 0.01 lot and profit is taken very early. For this reason, it is impossible to achieve high returns. Algorithm verified with broker just2trade Parameters GMToffset - dif
    FREE
    New version based on the product: Trade History MT4 To Excel  Hello Traders! I have received many comments on my product " Trade History MT4 To Excel " which I have decided to create a new more complete version based on your suggestions. The result is fantastic, you will not find anything like it anywhere, I know because I have checked :-) WARNING:  To give you an unique product I had to modify the standard mql4 files. Before to run the interface you need to load this file in the directory. Yo
    Smart Trend Tool
    Smaylle Rafael Coelho Mariano
    5 (1)
    Smart Trend Tool Filter for MetaTrader 4 (MT4) This tool is designed to ensure that any Expert Advisor (EA) operating within MetaTrader 4 (MT4) only opens positions that align with the prevailing market trend. It works by analyzing the trend across one or more charts, writing the trend information to a file, and applying specific templates (SMARTLONG.tpl for a long trend and SMARTSHORT.tpl for a short trend). The tool operates in a continuous loop in the background, adjusting the template eac
    FREE
    PZ Goldfinch Scalper EA
    PZ TRADING SLU
    2.61 (46)
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
    FREE
    Market Profile 3
    Hussien Abdeltwab Hussien Ryad
    4 (4)
    Market Profile 3 MetaTrader 4 indicator  — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible t
    FREE
    EA Scalping Expert
    Gerard Valldosera Gomez
    2 (2)
    This is a fully automated scalping Expert Advisor that can be run successfully using EURUSD currency pair at H1 timeframe. This EA can't run in the same account. If you want an Expert Advisor that trades daily this is not because it requires patience to wait for a few days or weeks on the right opportunity for it to trade. It takes advantage of the volatility of the price movement.
    FREE
    Grid Girl EA
    Luca Cerquatelli
    5 (3)
    Limited time offer!   For the launch of   Grid Girl EA   the price will be FREE until July 2024!  Take advantage of this unique opportunity to try this brand-new EA! Grid Girl Pro   is our unique bot based on a  " smart grid"   that activates only in particular market conditions.  The smart grid is not fixed like in most EAs, but it changes based on economic news and volatility indicators .   The expert advisor exploits multiple indicators, including RSI, Momentum, Bollinger Bands, and of cours
    FREE
    FREE UNTIL FEBRUARY 14, 2023 SPEND MORE TIME WITH YOUR FAMILY. ENJOY LIFE… DO NOTHING. This version is only auto set of Takeprofit and StopLoss Main Version  of  TropangFX:   MT4 Version  |  MT5 Version Recommended timeframe:   H1 Supported currency pairs:  GBPUSD, EURUSD, EURCHF ,   USDCAD, USDCHF ,  AUDCAD, EURCAD, EURAUD and many more... Requirements The EA requires good brokerage conditions:   low spread   and   slippage   during the rollover time. I advise using a really   good ECN
    FREE
    Update:ver1.53 (2023/08/16) ・概要と必要環境 手動発注もしくは他ツール等からの発注に対し、指値発注予約の複製を生成します。こちらは「発注操作の簡易化」に特化したものになります。発注判断となる分析は、資料を漁る、経験則を導く、他の分析ツールやEAを併用する等、利用者ご自身で頑張ってください。なお、ver1.28より、「決済後、自動で再発注する」機能が実装されました。(有償版でのみ有効化できます) ・導入と導入後の操作 導入そのものは簡単です。「自動売買可能なEA」として、適当なチャートにて動作させるだけです。(チャートの対象相場は問いません。このEAは、チャートを見ていません)。あとは、「このEAでのローカルコピー以外の発注」があれば、それに応じて「損失が出た場合に備えての追加取引の予約」という形で、指値発注が自動生成されます。 導入操作上の注意として、「本EAを、複数のチャートで動作」はできません。EAがチャート自体を見ておらず、注文状況だけを見ているため、複数のチャートで動かす意味もありません。また、ターミナルとEAの設定として「自動売買」を許可しな
    FREE
    PatternVol EA
    Alexandr Gribanov
    4.5 (2)
    The PatternVol EA is based on its own observations of the market and consists of patterns, candlestick analysis, analysis of candlestick volumes, and also, the EA does not contain indicators. At the moment, the advisor is a small constructor of my non-indicator strategies, you can disable and enable each strategy separately, or make an assembly from several strategies. The work on the advisor continues to this day, new strategies are added, algorithms are improved. In the future, it will be a l
    FREE
    Pip and Margin Value
    SHANE O MAR EDWARDS
    This is a basic tool that displays the Pip Value and Margin  required for each symbol. It displays the same information for both a standard lot and the amount based on lot amount entered in the input section. It allows you to use different colors for each line Font Size FontType (Based on what fonts are installed in the system folder on the pc. Set to Ariel by default if the font entered is not available.) Allows X &Y coordinates so you can decide where on the chart the info is displayed.
    FREE
    Wicks UpDown Target GJ Wicks UpDown Target GJ is specialized in GJ forex pairs. Choppy movement up and down on the opening range every day.  Trading breakouts on London session and New York session is recommended. Guideline Entry Strategy Idea: Step 1 - Breakout Forming (Warning! Trade on London Session and New York Session) Step 2 - Breakout Starting (Take Action on your trading plan) Step 3 - Partial Close your order & set breakeven (no-risk) Step 4 - Target complete Step 5 - Don't tr
    FREE
    The CandleStick Scanner is a tool that allow you to perform a   market scan   and search any candlestick pattern that you already created in the current chart, You can perform a quick search in the current chart (500 bars will be scanned),  This is a   lite version   of  CandleStick Factory for MT4   . The   full version   video can be found here :  https://www.youtube.com/watch?v=fq7pLXqVO94 The  full version  can be purchased here:  https://www.mql5.com/en/market/product/75628 How it works Y
    FREE
    Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when the SMAs cross and when the WPR has left overbought/oversold areas. The SMAs are also programmed to close the trades if the trend changes. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is NZDUSD and the recommended timeframe to opera
    FREE
    The EA automatically opens orders both when the price moves in the direction of an open position, and against it, depending on the settings.  He will always open the necessary additional orders in time for you if you suddenly find yourself not at the terminal. And it will also automatically close them when the specified profit margin is reached. Functions: manual opening of any types of orders; automatic opening of market orders in accordance with the settings; the ability to set a lot multipli
    FREE
    Buyers of this product also purchase
    Trade Assistant MT4
    Evgeniy Kravchenko
    4.46 (184)
    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. Attention, the application does not work in the strategy tester. Manual, Description, Download demo 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 characteristics before opening.   Risk management  - The risk
    Forex Trade Manager MT4
    InvestSoft
    4.98 (381)
    Do you think that in markets where the price can change in a split second, placing orders should be as simple as possible? In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. So, when you want to place an order, you probably wonder how big a trade you should open? Wha
    Local Trade Copier EA MT4
    Juvenille Emperor Limited
    5 (85)
    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
    Exp COPYLOT CLIENT for MT4
    Vladislav Andruschenko
    4.66 (67)
    Trade copier for MetaTrader 4.   It copies forex trades, positions, and orders from any accounts. It is one of the best trade copiers   MT4-MT4, MT5 - MT4   for the   COPYLOT MT4   version (or   MT4 - MT5 MT5 - MT5   for the   COPYLOT MT5   version).        MT5 version Full Description +DEMO +PDF   How To Buy    How To Install     How to get Log Files    How To Test and Optimize    All products from Expforex Copier  version for      MetaTrader 5  terminal ( МТ5 - МТ5, МТ4 - МТ5 )-  Copylot 
    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
    TradePanel MT4
    Alfiya Fazylova
    4.91 (89)
    Trade Panel is a multifunctional trading assistant. The application contains more than 50 functions for manual trading, and allows you to automate most trading actions. Before purchasing, you can test the Demo version on a demo account. Demo here . Full instructions here . Trade. Allows you to perform basic trading operations in one click: Opening pending orders and positions. Closing pending orders and positions. Reversal of positions (close BUY and open SELL or close SELL and open BUY). Lockin
    Trade copier MT4
    Alfiya Fazylova
    4.68 (31)
    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 . Before buying, you can test the demo version on a demo account. Demo version here . Full instruction here . Main functionality and benefits: Supports copying MT4> MT4, MT4> MT5, MT5> MT4, including MT5 netting accounts. * Supports copying Dem
    Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Including features to help prevent you from Over Trading, Revenge Trading and Emotional Trading. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 4 platform. Multi Language support. MT5 Version  |   User Guide + Demo The Trade Manager does not work
    I present to your attention a powerful utility for predicting the future movement of an asset based on W.D. Ganna’s law of vibration. This utility analyzes the selected market model and provides codes for future possible market movement patterns. If you enter the selected code into the appropriate box, you will receive a forecast of the potential market movement. The utility has the ability to display several potential forecast models. The forecast is not yet tied to time and price and gives th
    The MT4 to Telegram Signal Provider is an easy-to-use, fully customizable utility that enables the sending of signals to Telegram, transforming your account into a signal provider. The format of the messages is fully customizable! However, for simple usage, you can also opt for a predefined template and enable or disable specific parts of the message. [ Demo ] [ Manual ] [ MT5 Version ] [ Discord Version ] Setup A step by step user guide is available. No knowledge of Telegram API is required;
    Trade Dashboard MT4
    Fatemeh Ameri
    5 (30)
    Tired of complex order placement and manual calculations? Trade Dashboard is your solution. With its user-friendly interface, placing orders becomes effortless, by a single click, you can open trades, set stop loss and take profit levels, manage trade lot size, and calculate risk to reward ratios, allowing you to only focus on your strategy. Say goodbye to manual calculations and streamline your trading experience with Trade Dashboard. Download   demo version  right now. You can find details
    The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
    Grid Manual MT4
    Alfiya Fazylova
    4.74 (19)
    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
    Take a Break
    Eric Emmrich
    5 (28)
    The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
    Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT5 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58658 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand. For traders that scale into the market gradually with multiple positions or those trading grid and basket strate
    CAP Strategy Builder EA
    MEETALGO LLC
    4.86 (37)
    The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trade ma
    RedFox Copier Pro
    Rui Manh Tien
    4.75 (12)
    FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
    Copy Signals from any channel that you are a member (including private and restricted) straight to your MT4.  This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT5 Version | Discord Version If you want to try a demo please go to user guide. The Te
    TakePropips TradePad Pro
    Eric John Pajarillaga Aldana
    5 (4)
    TakePropips TradePad Pro  (MT4) includes a powerful trade manager, equity protection, currency strength meter, account reporting tools, risk management tools, and more! It is the perfect companion for manual traders and prop-firm traders. It is one of the most advanced forex trade manager and trade assistant that you will ever come across! It is the perfect solution for traders who wants a more efficient way of managing trade transactions. You can download the user manual and installation guide
    KT Equity Protector MT4
    KEENBASE SOFTWARE SOLUTIONS
    2.67 (3)
    KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
    The News Filter
    Leolouiski Gan
    5 (20)
    This product filters all expert advisors and manual charts during news time. 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. Please note that this product does not work in the strategy tester. To properly evaluate the
    Price Action Toolkit
    LEE SAMSON
    4.67 (6)
    The price action toolkit EA is designed for scalpers but can be used on all timeframes to quickly enter the market with correctly calculated lot sizing based on your stop level, It allows you to quickly enter trades (instantly or at candle highs and lows with pending orders) and then adjust stops and take profits as the market moves. For a full list of all the features, settings and best practice strategy to use click here:  https://www.mql5.com/en/blogs/post/748072 MT5 version available here:
    Exp SafetyLock PRO
    Vladislav Andruschenko
    4.7 (27)
    SAFETYLOCK allows traders to avoid strong market reversals by setting an opposite order for an already opened position. If a trader or an EA opens a position, SAFETYLOCK opens an opposite pending order for it. If the position becomes loss-making, the pending order is activated creating a lock. The EA allows you to close the initial position, work with a trailing stop, or multiply the lot. You can also modify the pending order Open price following the position price.        Full Description +DEM
    Auto Trade Copier
    Vu Trung Kien
    4.71 (93)
    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
    Equity Shield
    Vladimir Stepanov
    4.63 (8)
    The Expert Advisor will protect your account from unexpected losses by constantly monitoring the equity and follow the rules as per input in the parameters.   When the rules are breached the EA will close all trades.   You can set the EA to close all trades at a certain percentage or money loss, or to close at a certain percentage or money profit.   This utility is very useful for Prop Trading Challenges to keep the draw down low and to protect your equity! My signals and other products can be f
    CloseIfProfitorLoss with Trailing
    Vladislav Andruschenko
    4.87 (31)
    Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order) , Calculating and closing for BUY and SELL positions separately (Separate BUY SELL) , Closing and calculating all symbols or the current symbol only (All Symbols) , Enable trailing for profit ( Trailing Profit) Close on total profit and loss on deposit currency, points, % of the balance. The application is designed for use on any account toge
    The MT4 to Discord Signal Provider is a user-friendly, fully customizable utility designed for sending trading signals directly to Discord. This tool transforms your trading account into an efficient signal provider. Customize message formats to suit your style! For ease of use, select from pre-designed templates and choose which message elements to include or exclude. [ Demo ] [ Manual ] [ MT5 Version ] [ Telegram Version ] Setup Follow our detailed user guide for easy setup. No prior knowled
    EA Hedger
    Sergej Chukhista
    4.67 (3)
    Have you bought a trading advisor, subscribed to a signal, or are you trading manually ?! Don't forget about risk management. EA Hedger is a professional trading utility with many settings that allows you to manage risks using hedging. Hedging is a trading technique that involves opening opposite positions to those already open positions. With the help of hedging, the position can be completely or partially blocked (locked). Why is it profitable to buy this product: Reliability   - the advis
    TPSpro Trade PRO
    Roman Podpora
    5 (4)
    An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
    Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
    More from author
    PZ Reversal Fractals MT5
    PZ TRADING SLU
    4.46 (37)
    This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
    FREE
    PZ Goldfinch Scalper EA MT5
    PZ TRADING SLU
    3.74 (47)
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
    FREE
    This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indicator implements a multi-timeframe dashboard It detects
    PZ Trend Trading
    PZ TRADING SLU
    4.8 (5)
    Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
    PZ Trend Trading MT5
    PZ TRADING SLU
    3.67 (3)
    Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
    This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
    PZ Swing Trading
    PZ TRADING SLU
    5 (4)
    Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
    PZ Swing Trading MT5
    PZ TRADING SLU
    5 (4)
    Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
    PZ Goldfinch Scalper EA
    PZ TRADING SLU
    2.61 (46)
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
    FREE
    Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
    PZ Day Trading MT5
    PZ TRADING SLU
    2.83 (6)
    This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
    PZ Pivot Points MT5
    PZ TRADING SLU
    4.95 (22)
    This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
    FREE
    PZ Harmonacci Patterns
    PZ TRADING SLU
    3.43 (7)
    This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci pro
    PZ Trendlines MT5
    PZ TRADING SLU
    4.67 (6)
    Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com
    FREE
    PZ Binary Options MT5
    PZ TRADING SLU
    4.07 (14)
    This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
    FREE
    PZ Inside Bars MT5
    PZ TRADING SLU
    4.58 (12)
    This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
    FREE
    PZ Turtle Trading MT5
    PZ TRADING SLU
    4.5 (8)
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
    FREE
    Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfo
    PZ Support Resistance
    PZ TRADING SLU
    3.33 (3)
    Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri
    PZ Sandwich Bars MT5
    PZ TRADING SLU
    5 (2)
    This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b
    FREE
    PZ Pivot Points
    PZ TRADING SLU
    4.64 (14)
    This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
    FREE
    PZ Binary Options
    PZ TRADING SLU
    4 (2)
    This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
    FREE
    PZ Wolfe Waves
    PZ TRADING SLU
    1 (1)
    Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly easy to trade Customizable colors and sizes Implements perfor
    PZ Trendlines
    PZ TRADING SLU
    4.64 (11)
    Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come
    FREE
    PZ Market Profile
    PZ TRADING SLU
    3.91 (11)
    The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color
    FREE
    PZ Three Drives
    PZ TRADING SLU
    4 (3)
    This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
    FREE
    PZ Lopez Flow MT5
    PZ TRADING SLU
    4.5 (4)
    This indicator studies price action as an aggregation of price and time vectors, and uses the average vector to determine the direction and strength of the market. This indicator highlights the short-term directionality and strength of the market, and can be used to capitalize from short-term price movements by trading breakouts or binary options.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find market direction easily Confirm with breakouts or other indicators
    FREE
    PZ Oscillator MT5
    PZ TRADING SLU
    3.8 (10)
    This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
    FREE
    This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
    FREE
    PZ Turtle Trading
    PZ TRADING SLU
    3.77 (13)
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
    FREE
    Filter:
    Pedro Jaime Rodriguez Cristancho
    145
    Pedro Jaime Rodriguez Cristancho 2023.01.01 07:25 
     

    El EA trabaja bien. En cuenta investor notifica segun los porcentajes y no cierra las operaciones. En cuenta de operaciones funciona igual cerrando todas las operaciones. Por favor aclarar si al depositar o retirar dinero en la cuenta el EA recalcula el porcentaje tanto de profit como de drawdown?

    GBL030
    144
    GBL030 2022.08.16 13:17 
     

    User didn't leave any comment to the rating

    Amol Ashok Koshti
    223
    Amol Ashok Koshti 2022.03.25 00:21 
     

    tested on real account..it doesn't close any order...its simple close all charts and remove EA when specific equity is reached. but as it will not close any trades those trades keep on running and your equity can change till the time you close those orders manuaaly. so this EA of no use as we have to close orders manually.

    PZ TRADING SLU
    783281
    Reply from developer Arturo Lopez Perez 2022.05.28 15:25
    Make sure to give the EA trading permissions, please. The EA will be able to close all charts without trading permissions, but won't be able to close trades.
    mftrader
    174
    mftrader 2022.03.07 10:38 
     

    quick test worked, but i doubt the mt4. it is hanging often and also take care about sh... brokerz. watch the forexpeacearmy. take care traders. ps. please implement function to completly close the metatrader terminal when Stoploss or Profit hit. Thank you!!

    PZ TRADING SLU
    783281
    Reply from developer Arturo Lopez Perez 2022.03.10 09:19
    Hello. It is impossible from me to close the terminal from the code. Apologies.
    Goldcraft Consulting
    533
    Tawanda Nyagwaya 2021.12.28 09:30 
     

    I have been using this app for over a month now. I noticed that sometimes is doesn't track the account and won't close trades when profit or loss targets are reached. Has anyone else faced the same problem.

    PZ TRADING SLU
    783281
    Reply from developer Arturo Lopez Perez 2022.03.10 09:19
    I updated to run ontimer, it should avoid any downtime.
    Reply to review
    Version 2.0 2022.03.10
    - Changed to run ontimer and avoid EA downtime