MetaTrader 4

Various programs and MQL4 codes for your MetaTrader 4 terminal – download and study the code examples, or simply use the MT4 Indicators and Expert Advisors to improve trading results, minimize risks and increase profits.

AllWinningTrades Closer: One Click Exit MT4 EA – EA MetaTrader 4

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AllWinningTrades Closer: One Click Exit MT4 EA - expert for MetaTrader 4
AllWinningTrades Closer: One Click Exit is a straightforward MT4 EA designed to quickly close all your profitable trades with just one click. No complicated settings—just activate the EA, and it instantly closes any trade that’s in profit after you click 1 button. Key Features: One-Click Profit Closure: Close all winning trades instantly with just one … Read more

No Loss EA V2 – No Indicator, No Price Action strategy for MetaTrader 4 – EA MetaTrader 4

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No Loss EA V2 - No Indicator, No Price Action strategy for MetaTrader 4 - expert for MetaTrader 4
This is the Updated version of NoLoss EA, made even better thanks to the overwhelming support and feedback from our amazing community in the codebase. As most of the indicators available in the market are lagging indicators that provide information after some time. This strategy eliminates the need to rely on indicators, candlestick patterns, chart … Read more

Smart MA Trailing Stop EA – MT4 – EA MetaTrader 4

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Smart MA Trailing Stop EA - MT4 - expert for MetaTrader 4
Smart MA Trailing Stop EA is a straightforward and efficient tool designed for trending markets. It automatically adjusts your stop losses based on the selected Moving Average (MA) period and the distance between the price and the MA. What it does: (Click on the image to see how the EA works) Automated Stop Loss Adjustments: … Read more

Dual Profit Closer EA – MT4 – EA MetaTrader 4

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Dual Profit Closer EA - MT4 - expert for MetaTrader 4
The Dual Profit Closer EA is a user-friendly automated trading tool designed to enhance your trading strategy by managing and closing both buy and sell orders independently based on predefined profit thresholds.What it does: Separate Buy & Sell Order Management: This EA tracks buy and sell orders individually, ensuring that each type of order is … Read more

PrevDayLines.mq4 – Draw Previous Day’s High, Low, and Average Price Lines – script MetaTrader 4

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PrevDayLines.mq4 - Draw Previous Day's High, Low, and Average Price Lines - script for MetaTrader 4
The PrevDayLines.mq4 script is a tool for MetaTrader 4 that automatically draws three critical price levels from the previous trading day on your chart. These levels include the highest price (Max), the lowest price (Min), and the average price (Avg), providing traders with a clear visual reference for key support and resistance points. The script … Read more

Rotate TEXT – script MetaTrader 4

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Rotate TEXT - script for MetaTrader 4
The script creates a text object on the chart that continuously rotates and changes its position based on price levels. While running, the text changes color and content depending on its position, adding a dynamic visual element to the chart. This can be particularly useful for traders who want to add annotations or dynamic markers … Read more

Abiroid Switch Templates Script – script MetaTrader 4

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Abiroid Switch Templates Script - script for MetaTrader 4
Features: Switch sequentially between multiple Templates (as many as you want) Switch template in current chart OR for all charts Video Tutorial: How to Use: Open mq4 file in Metaeditor. Change the template names with any you like. Template names should be comma separated. extern string Templates = “1.tpl, 2.tpl, 3.tpl”; extern bool   ApplyAllCharts = … Read more

Trend Strength Index – indicator MetaTrader 4

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Trend Strength Index - indicator for MetaTrader 4
The Trend Strength Index indicator measures strength of current trend. Basically it is similiar to a simplified auto regression indicator, because Correlation function calculates the Pearson correlation coefficient between two sets of data: the closing prices and the bar indices over a specified length. This coefficient ranges from -1 to 1, indicating the strength and direction … Read more

Detect Friday of The First Week of The Month – To Detect NFP Day – EA MetaTrader 4

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Detect Friday of The First Week of The Month - To Detect NFP Day - expert for MetaTrader 4
//+——————————————————————+ //|                                                  FirstFriday.mq4 | //|                                  Copyright 2023, MetaQuotes Ltd. | //|                                             | //+——————————————————————+ #property copyright “Copyright 2023, MetaQuotes Ltd.” #property link      “” #property version   “1.00” #property strict datetime lastTime = 0; // Variable to store the time of the last detected candle //+——————————————————————+ //| Expert initialization function                                   | //+——————————————————————+ int OnInit()       lastTime = iTime(Symbol(),PERIOD_D1,0);    return(INIT_SUCCEEDED); … Read more