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Contraction Expansion Meter (MT5) — review, price and free alternatives
MT5 indicator$50 on MQL5by Kenneth Njuguna
Contraction Expansion Meter is a MetaTrader 5 indicator by Kenneth Njuguna, sold on the MQL5 Market for $50. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Contraction Expansion Meter — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Kenneth Njuguna
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Contraction Expansion Meter on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Contraction Expansion Meter A clear and powerful volatility indicator that visualizes market contraction and expansion in real time.
Before you buy Contraction Expansion Meter
What the developer claims
- Based on Bollinger Bands logic, the indicator measures the relative width of the bands and compares it to its own moving average.
- This creates a highly intuitive oscillator that shows when the market is compressing (contraction / squeeze) or expanding (volatility breakout).
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Contraction Expansion Meter
Compiled from its public MQL5 listing. FxRobotEasy has not traded Contraction Expansion Meter; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Contraction Expansion Meter review examines real performance and trading analysis to help you make informed decisions. Contraction Expansion Meter by Kenneth Njuguna represents a comprehensive automated trading solution for MT5 traders. What sets Contraction Expansion Meter apart is its balanced approach to trade execution and capital preservation.
Risk notes
Contraction Expansion Meter implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Kenneth Njuguna
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Contraction Expansion Meter on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Our breakout robot — entries confirmed by pivot structure
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Breakopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Contraction Expansion Meter or Breakopedia AI?
| Contraction Expansion Meter | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Kenneth Njuguna | FxRobotEasy |
Contraction Expansion Meter — questions
What is Contraction Expansion Meter?
Contraction Expansion Meter is a MetaTrader 5 indicator published on the MQL5 Market by Kenneth Njuguna, priced at $50 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Contraction Expansion Meter work on MT4 or MT5?
Contraction Expansion Meter runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Contraction Expansion Meter cost?
Contraction Expansion Meter is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-08-24. It is sold and downloaded through the developer's (Kenneth Njuguna) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Contraction Expansion Meter?
FxRobotEasy has not traded Contraction Expansion Meter on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Contraction Expansion Meter elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.