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Meridian Channel (MT5) — review, price and free alternatives
MT5 indicator$149 on MQL5by Phillip Van Coller
Meridian Channel is a MetaTrader 5 indicator by Phillip Van Coller, sold on the MQL5 Market for $149. 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.
Meridian Channel — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Phillip Van Coller
- Price
- $149
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Meridian Channel on a live account and publishes no broker-verified performance record for it.
Last updated
Before you buy Meridian Channel
What the developer claims
- Meridian Channel is a mean-reversion indicator for MetaTrader 5 that brings channel analysis, historical testing, parameter optimization and position-sizing tools onto your chart.
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 Meridian Channel
Compiled from its public MQL5 listing. FxRobotEasy has not traded Meridian Channel; what these notes say about how it works comes from that listing.
Overview
Meridian Channel by Phillip Van Coller represents a comprehensive automated trading solution for MT5 traders. What sets Meridian Channel apart is its balanced approach to trade execution and capital preservation.
Risk notes
Meridian Channel 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 Phillip Van Coller
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Meridian Channel 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
Prefer a robot that trades for you?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Meridian Channel or Trendopedia AI?
| Meridian Channel | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($149) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Phillip Van Coller | FxRobotEasy |
Meridian Channel — questions
What is Meridian Channel?
Meridian Channel is a MetaTrader 5 indicator published on the MQL5 Market by Phillip Van Coller, priced at $149 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 Meridian Channel work on MT4 or MT5?
Meridian Channel 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 Meridian Channel cost?
Meridian Channel is a paid product listed at $149 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-09-20. It is sold and downloaded through the developer's (Phillip Van Coller) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Meridian Channel?
FxRobotEasy has not traded Meridian Channel 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 Meridian Channel elsewhere comes from its developer or from a third party.
Similar expert advisors
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.