Reverse RSI Phantom MT4
by Kestutis Balciunas · MT4
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Summary
Reverse MACD MT4 is a budget MT4 indicator ($30) by Mario Jemic that offers an alternate MACD read for retail traders, but public ratings and verified performance stats are not available. This review compares it to five highly rated alternatives—Haven Candle Timer, MTF Trend Monitor, STRAT Price Action Scanner, Currency Strength Meter Pro for MT5, and MACD Intraday Trend PRO—each suited to different workflows. Consider broker spreads, execution, and drawdown risk before using any indicator. FxRobotEasy independently reviews all products and highlights where paid features or platform limits affect live trading.
Retail forex traders compare Reverse MACD MT4 against alternatives to find the best fit for their trading style, timeframe, and broker setup. Indicators that look good on a chart can perform very differently across brokers because of spreads, execution, and allowed strategies. Reverse MACD MT4 is an inexpensive MT4 add-on that proposes a different MACD interpretation, but public ratings and verified performance figures are not available, which raises useful questions about robustness and edge. Comparing similar tools helps traders weigh user interface, multi-timeframe support, price, and how a product interacts with real-world constraints like slippage and drawdown.
| Metric | Reverse MACD MT4Main Product | Trendopedia Ai Our bot | Reverse RSI Phantom MT4 | Reverse Elements All Currency Scanner | Reversion King MT4 | Reverse Elements |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $30 | $149 | $47 | $33 | $44 | $77 |
| 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.
Reverse MACD MT4, authored by Mario Jemic, is an MT4 indicator sold for $30 that reinterprets MACD signals with a reversed logic intended to highlight counter-trend or reversal opportunities. Strengths include affordability, easy MT4 installation, and a simple visual readout that can appeal to traders seeking a lightweight add-on to existing systems. Weaknesses: public rating is listed as N/A/5 and no verified performance stats are available, so expectancy, win rate, and drawdown are unknown. It does not include official multi-platform support (MT5) or verified live testing data. This tool suits discretionary traders who test indicators in demo accounts, prefer low-cost tools, and understand they must validate signals against spreads, broker execution, and risk management. As with all indicators, expect false signals and potential drawdown; backtesting on realistic tick data and forward testing under your broker's conditions is essential. FxRobotEasy independently reviews this product to help traders evaluate fit and limitations.
by Kestutis Balciunas · MT4
by Shin Kojima · MT4
by Eugen-alexandru Zibileanu · MT4
by Shin Kojima · MT4
Reverse MACD MT4 is an affordable, lightweight MT4 indicator that may suit traders wanting a low-cost alternate MACD read; however, public rating and verified performance data are unavailable, which raises uncertainty about live-edge and drawdown. Alternatives fill different needs: timing tools, multi-timeframe context, price-action scanning, currency strength on MT5, or a more feature-rich MACD tool—some cost more but offer added functionality. For traders uncertain about unverified indicators, consider demo-forward testing and careful risk management. FxRobotEasy independently reviews all products, and our verified FxRobotEasy bots are available as an alternative for users seeking audited, robotized approaches.
Whether Reverse MACD MT4 is worth buying depends on your needs. It costs $30 and runs on MT4, offering a reversed MACD interpretation. Public rating is listed as N/A/5 and there are no verified performance stats, so demo testing under your broker conditions is essential. If you need a low-cost, simple visual indicator and will validate it in a demo account, it can be a reasonable addition; otherwise consider alternatives with features that better match your strategy.
The best alternative depends on your focus: choose MACD Intraday Trend PRO ($77) for advanced MACD features and alerts, MTF Trend Monitor for multi-timeframe bias, STRAT Price Action Scanner for rule-based setups, Haven Candle Timer for precise candle timing, or Currency Strength Meter Pro ($78, MT5) for cross-pair bias. All alternatives listed have 5-star ratings but no verified performance stats, so match features to your style and test on a demo account first.
Test indicators in a stepwise way: start with historical backtests where possible, then run a forward demo with your broker to account for spreads, slippage, and execution. Monitor drawdown, win rate, and expectancy over a statistically meaningful sample. Keep position sizing rules and realistic stop/limit behavior. Since public performance stats are not available for these products, independent testing is critical. FxRobotEasy independently reviews products and recommends proof under your actual broker conditions before committing real capital.
While evaluating Reverse MACD 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.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades