QQE Mod MT4
by Filip Valkovic · MT4
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Summary
QM Pattern Scanner MT4 (Reza Aghajanpour) is a budget-friendly MT4 indicator at $39 with a strong user rating of 4.86/5. It suits pattern-focused retail traders seeking a lightweight scanner. Alternatives like Haven Candle Timer, MTF Trend Monitor, and STRAT Price Action Scanner score highly but lack public pricing; Currency Strength Meter Pro and MACD Intraday Trend PRO cost $78 and $77 and offer different technical approaches. No verified performance stats are available for any product. Consider broker spreads, execution speed, and drawdown risks before relying on indicators. FxRobotEasy independently reviews all products mentioned.
Retail forex traders often compare QM Pattern Scanner MT4 with other indicators to find the best fit for their workflow, timeframes, and risk tolerance. Indicators differ by platform compatibility, signal logic, customization, and real cost. QM Pattern Scanner MT4 targets MT4 users who want pattern detection in a compact package, while alternatives span timers, multi-timeframe trend tools, price-action scanners, and strength meters. Traders should weigh broker realities such as spreads, execution delays, and permitted automation; indicators do not eliminate drawdown risk. FxRobotEasy independently reviews all products and reports pricing and ratings based on available data.
| Metric | QM Pattern Scanner MT4Main Product | Trendopedia Ai Our bot | QQE Mod MT4 | QL Ichimoku Trend | QQE Mod MTF MT4 | QB Institutional Bands NR |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | N/A | N/A |
| Price | $39 | $149 | $30 | $49.9 | N/A | N/A |
| ROI | N/A | +213.3% | N/A | N/A | -3.2% | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | 24.0% | N/A |
| Win Rate | N/A | 55.3% | N/A | N/A | 44.7% | N/A |
| Profit Factor | N/A | 1.41 | N/A | N/A | 1.05 | N/A |
| Total Trades | N/A | 338 | N/A | N/A | 1,760 | 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.
QM Pattern Scanner MT4, developed by Reza Aghajanpour, is an MT4 indicator priced at $39 and rated 4.86/5 by users. Strengths include focused pattern detection, lightweight footprint on charts, and straightforward setup for MT4 accounts. It is suitable for traders who prefer pattern-based entry cues and who run charts on brokers that support MT4. Weaknesses include lack of verified performance statistics and limited native multi-timeframe support compared with some competitors. Platform realities matter: broker spreads, execution latency, and order routing can change real trade outcomes, and indicators do not manage risk or prevent drawdown. The tool is best for traders comfortable interpreting signals, combining them with risk management, and running MT4; those needing MT5 compatibility or more integrated trade automation may look at alternatives. FxRobotEasy independently reviews this product.
by Filip Valkovic · MT4
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QM Pattern Scanner MT4 is a cost-effective, well-rated MT4 indicator for traders who prioritize pattern detection without heavy bells and whistles. Its $39 price and 4.86/5 rating make it attractive for pattern-focused users, but the lack of verified performance data means traders should test it on demo accounts and apply disciplined risk controls. Alternatives offer timing, multi-timeframe trend views, price-action scanning, currency strength analysis, and intraday momentum tools at varying prices and platforms. FxRobotEasy bots are available as a verified alternative for traders seeking automated strategies. Always factor in broker spreads, execution risk, and drawdown management when choosing tools.
QM Pattern Scanner MT4 can be worth buying if you need an affordable MT4 pattern scanner and prefer interpreting signals manually. It costs $39 and has a 4.86/5 user rating, but no verified performance stats are available. Test it on a demo account, assess how its signals align with your strategy, and ensure you combine it with risk management to control drawdown under live broker conditions.
The best alternative depends on your needs: choose Haven Candle Timer for precise timing, MTF Trend Monitor for multi-timeframe confirmation, STRAT Price Action Scanner for structural setups, Currency Strength Meter Pro (MT5) for allocation decisions, or MACD Intraday Trend PRO for momentum confirmation. Prices and platform compatibility vary; several alternatives have no public price data. Evaluate via demo testing and consider broker spreads and execution risks before switching.
Generally you can add QM Pattern Scanner MT4 to any broker that supports MetaTrader 4, but results depend on the broker's price feed, spread behavior, and execution latency. Some brokers requote or widen spreads during news, which affects signal validity and real trade outcomes. Always validate the indicator on a demo account with your broker and apply prudent position sizing to manage drawdown risk.
While evaluating QM Pattern Scanner MT4 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.
+213.3%
Total Return
22.0%
Max Drawdown
55%
Win Rate
338
Total Trades