Rimantas Petrauskas (founder of EA-Coder.com) offers a variety of currency trading tools for the MetaTrader 4 platform. These MT4 Apps can do some of the job for you like open timed orders, open orders on breakouts, close trades at specified time, etc.Note that they do not make money on their own, but can provide a lot of help to those Forex traders who cannot spend 24 hours a day on their computer screen.
I never give any kind of false promises to my customers regarding profits earned upon the use of my software and I never claim revenue of millions. Most of my apps are semi-automated trading tools and do not make money all alone without human intervention. This means there are no back-tests available because these MT4 Apps do not work without user intervention and most of them cannot even be used in the Strategy Tester. They only do what a human trader tells them to do and every Forex trader use them according to their own requirements.
Expert Advisor for Metatrader 4 platform that allows you to open trades fast with your preset parameters. Such trading apps are also known as 1-click traders. You can open at market or place pending orders immediately with one mouse button click. It can also place straddle pending orders and apply OCO function on them. TOC can calculate the right lot size for your trade when you choose to risk certain percentage or amount of money. Stop Loss and Take Profit can be set in pips or exact price. Personally I love this tool and use it every day to open my positions.
Learn more about Trader On Chart
MyMT4Book is an add-on for MetaTrader 4 trading platform and it comes in a form of an indicator. MyMT4Book can analyze thousands of trades on your trading account, group them by your chosen criteria and then give you most important metrics like trade count, net profit, return/drawdown ratio, profit factor, etc.
Analyze your MT4 account with MyMT4Book instantly on the chart window without uploading your trading record online.
Learn more about the MyMT4Book Analyzer
Equity Sentry is a 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 manually draw trendlines or horizontal lines on the chart. Now with Smart Breakout technology this MT4 app will redraw trendline if the price only touch it but do not cross.
Learn more about Trendline Trader
Some forex brokers have a nasty habit of hunting for your stop loss and profit orders in a hope to adjust their spreads just at the right time to knock some of its users out of the trade. This is known as stop and limit order hunting. The Stealth EA has the ability to hide your real stop loss and profit limit from the brokers so they cannot take this action or at least not take it at the right time.
Learn more about Stealth EA
Hedging the forex market can be quite an advanced strategy but with the Hedge EA you can take the 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 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.
If you run a large trading organization, or just starting your trading signal business, that requires automated copying of trades from the main MT4 account to a hundreds of MT4 follower accounts; then Signal Magician is for you. This system contains of two Expert Advisors which work on the MetaTrader 4 platform and also supplies a control panel website for the management of the clients’ accounts/access to your service. The fast internet network makes it possible for clients’ accounts to copy trades within 1-2 second no matter where in the world they are based. It is of no consequence whether the master MT4 account is traded manually or by a 3rd party Expert Advisors the trades will be sent out instantaneously to the Clients EA’s running on the MT4 accounts of your customers. The system works just as well on VPS as it does on any computer.
This system works in much the same way as the Remote Trade Copier, it contains two Expert Advisors for the Metatrader 4 platform and sends out its trades on a local network to its Client EA’s from the Server EA’s. All the trades will be copied within a 0.5 – 1 second time scale whether they are triggered manually or by a 3rd party Expert Advisors. The system works just as well on VPS as it does on any computer.
Learn more about Local Trade Copier
There are no back-testing results available because all of my 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 they only do what a human trader tells them to do. All software on my website are build as tools to help you in Forex trading.
Before you make a purchase please read my Purchase Policy.