M1 Arrow
by Oleg Rodin · MT4
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Summary
M W Scanner is an affordable MT4 indicator by Reza Aghajanpour priced at $39 with a 5/5 rating; verified performance stats are not available. Retail traders comparing alternatives will weigh simple, low-cost signal scanning against feature-rich tools like Currency Strength Meter Pro (MT5, $78) or MACD Intraday Trend PRO ($77). Several listed alternatives have no price or performance data publicly available, so selection should focus on platform compatibility, workflow fit, and risk tolerance. FxRobotEasy independently reviews all products and recommends testing indicators on demo accounts and considering broker spreads, execution, and drawdown risk before trading live.
Traders compare M W Scanner with other indicators to balance cost, platform compatibility, and the type of market signals they need. M W Scanner is an MT4 indicator by Reza Aghajanpour priced at $39 and rated 5/5, but it has no verified performance stats available. The alternatives range from candle timers and multi-timeframe trend monitors to strength meters and MACD-based intraday tools; some list prices, others do not. Because indicators interact with broker spreads, execution quality and risk of drawdown, retail traders should prioritize demo testing, clear entry rules, and compatibility with their broker and timeframes. FxRobotEasy independently reviews all products to help traders make informed choices.
| Metric | M W ScannerMain Product | Trendopedia Ai Our bot | M1 Arrow | M u r p h y | M1 Breaking point | Lux Trend |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | 0.0 | N/A | N/A | 0.0 |
| Price | $39 | $149 | $55 | $99 | $99 | $88 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
M W Scanner is an MT4 indicator developed by Reza Aghajanpour, sold at $39 and carrying a 5/5 rating in community listings; however, no verified performance stats are available. Its strengths are clear: low price, MT4 compatibility, and a compact design aimed at scanning pairs or conditions quickly. It suits retail traders who want an inexpensive tool to surface potential setups without a heavy learning curve. Weaknesses include the lack of published verified results and limited platform support (MT4 only). Traders should also account for broker realities—spreads, execution speed and potential slippage can change indicator outcomes—plus the unavoidable risk of drawdown. For those seeking more features or MT5 support, higher-priced alternatives exist. FxRobotEasy independently reviews all products and recommends demo testing before committing real capital.
by Oleg Rodin · MT4
by Tsukasa Okazaki · MT4
by Lin Kai Han · MT4
by Mohamed Hassan · MT4
M W Scanner is a low-cost, MT4-native indicator ($39, rated 5/5) that suits traders who want a simple scanning tool without complex setup. Its main limitation is the absence of verified performance stats and exclusive MT4 support. Alternatives offer different priorities: timing, multi-timeframe trend, price-action scanning, currency-strength analysis on MT5 ($78), and MACD intraday tools ($77). No alternative shows verified stats either, so traders should demo-test indicators, account for broker spreads, execution and drawdown risk, and choose tools that fit their workflow. FxRobotEasy independently reviews products and also lists verified FxRobotEasy bots for traders seeking pre-validated automated options.
M W Scanner can be worth buying if you need an inexpensive MT4 scanning indicator and accept limited public performance data. It is priced at $39 and rated 5/5, but no verified performance stats are available. Before buying, demo-test the indicator, confirm compatibility with your broker and timeframes, and plan risk management to mitigate spread, slippage and drawdown impacts.
There is no single best alternative; selection depends on needs. For MT5 users looking at currency relationships, Currency Strength Meter Pro ($78) may fit. Intraday traders might prefer MACD Intraday Trend PRO ($77). If you want timing or price-action filters, consider Haven Candle Timer or STRAT Price Action Scanner. All alternatives lack verified public stats, so demo-testing and alignment with broker conditions is critical.
Test indicators on a demo account that mirrors your live broker in spreads and execution. Run them across representative timeframes and pairs for several weeks, track hypothetical entries, exits and drawdowns, and evaluate how indicator signals interact with your risk rules. Avoid trusting ratings alone; verified performance tracking and consistent demo results provide better confidence before risking real capital.
While evaluating M W Scanner and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades