Rimantas Petrauskas is the founder of ea-coder.com and he offers a variety of Forex trading tools for the MetaTrader 4.
These MT4 Apps can automate your Forex trading and do many tasks for you like duplicate trades between multiple MT4 accounts, open timed orders, calculate lot size automatically, open orders on breakouts, close trades at the specified time, or even help you sell trading signals from your own website.
Forex trading software by Rimantas provides a lot of help to those Forex traders who cannot spend 24 hours a day on their computer screen.
Thousands of traders are already using his software and it has been rated 4.9 stars on Forex Peace Army.
Local Trade Copier is a special software for MetaTrader 4 platform which helps retail Forex traders and account managers duplicate trading positions between multiple accounts running on the same computer/VPS so they won’t need to repeat the same trade operations on each MT4 platform individually. With the right setup, you can copy Forex trades between unlimited MT4 accounts in 1 second. It works with different or same Forex brokers, any other Expert Advisors, any account size, all Forex and CFD instruments, and all MetaTrader 4 client terminals on the same computer.
Learn more about Local Trade Copier for MT4
Trader On Chart is a trading panel and Forex lot size calculator that allows you to open trades fast with your preset parameters. This one-click trading plugin for MetaTrader 4 helps traders open positions 10x times faster and also offers various other useful features like Trailing Stop, Smart Break-Even, Straddle Orders, and OCO function. It is truly a more convenient way to place trades and pending orders with % percentage lot size or fixed lot size. Personally, Rimantas loves this tool and use it every day to open his trading positions.
Equity Sentry is an MT4 add-on to help you protect your deposit. The main function of the Equity Sentry is to close all trades and disable all Expert Advisors running on the MT4 terminal to prevent them from opening, modifying, or closing any trades. I call this „Close & Stop“.
Learn more about the Equity Sentry EA
Expert Advisor for Metatrader 4 platform that will open trade(s) when currency price touch/cross your trend or horizontal lines. EA is designed to work with two lines. You will have to manually draw trend lines or horizontal lines on the chart. Now with Smart Breakout technology, this MT4 app can adjust your trendlines to avoid false breakouts.
Learn more about Trendline Trader
Hedging the forex market can be quite an advanced strategy but with the Hedge EA, you can take a headache out of hedging. This feature will automatically open a hedging trade in the opposite direction of the trade that is in a loss situation. Limiting your losses in forex trading is the secret to long-term success.
Learn more about Hedge EA
The most simple and easy to use Partial Close (by Rimantas Petrauskas). The main idea of this EA is to apply partial close to your positions. EA will automatically find your open market positions and apply partial close according to your settings. Partial Close is simply an action to close only a part of your position. For example, if your trade lot size is 1.2 and you close 25% of it (which is 0.3) you will still have 0.9 lot size trade running and existing bank profits from that 0.3 lot size that was just closed. This action obviously can be performed manually, but if you want to program your MT4 to do this for you then you need “Partial Close EA”.
The most simple and easy to use Timed Exit EA to close all trades automatically at the specific time each day (hours:minutes:seconds). The main idea of this EA is to automatically close trades daily at your specified time. For example, if you set EA to close all trades at 15:29:30, EA will do this each day when markets are open. This way you can set the EA to close all trades before the news.
There are no back-testing results available because all MT4 Expert Advisors are trading tools that do not work without user intervention and most of them cannot even be used in Strategy Tester because of their nature. This Forex software only does what a human trader tells it to do.