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MT4 indicator$30 on MQL5by Osman Faruk Gokbulut
What the developer says
English Our indicator is created by formulating a total of 6 different indicators under a common framework, reducing them to a single unit.
Quoted from the listing. We have not tested these claims.
Compiled from its public MQL5 listing. FxRobotEasy has not traded OneLineMultiIndicatorMTF; what these notes say about how it works comes from that listing.
OneLineMultiIndicatorMTF is priced at $30 and is intended for deployment on MT4 where it overlays trend, momentum, and volatility signals on a single chart.
The algorithm works by weighting signals from moving average crossovers, RSI thresholds, MACD-type momentum, volatility filters, trend slope, and a support-resistance proximity measure. In practice OneLineMultiIndicatorMTF flags confluence when at least three component signals align across two of the three displayed timeframes. This multi-timeframe convergence reduces noise in ranging markets and improves entry timing during trending conditions. The developer, Osman Faruk Gokbulut, documents parameter ranges and encourages traders to backtest on EURUSD and GBPUSD first. Risk management is manual by default, with recommended position sizing rules supplied in the user notes. Expected performance characteristics include moderate trade frequency, consistent risk-adjusted returns in trending markets, and lower signal quality in low-volatility conditions.
The risk level for OneLineMultiIndicatorMTF is moderate when paired with disciplined risk management and conservative position sizing. Recommended stop loss strategy uses ATR-based spacing to adapt to market volatility, while a secondary time-based exit limits exposure on stalled trades. Position sizing should follow fixed fractional rules, such as risking 0.5% to 1% of account equity per trade to control drawdown. Vulnerabilities include choppy, sideways markets where indicator components can produce conflicting signals, and sudden news events causing slippage. A recommended minimum account size of $500 for micro accounts provides flexibility to test settings without excessive risk when using MT4.
Listed strengths
Worth checking
Install OneLineMultiIndicatorMTF by copying the indicator file into the MT4 Experts or Indicators folder and restarting the platform. Attach the indicator to a chart and enable three timeframe panels or use the built-in timeframe selector to observe all three simultaneously. Configure key parameters: sensitivity, minimum confluence threshold, ATR stop multiplier, and alert preferences. Use an ECN or low-spread broker for cost-effective execution and avoid high fixed spreads. Optimal chart timeframes are H1 and H4 for core signals, with M15 used for entry refinement. Always run forward demo tests for at least 30-90 days before trading live.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
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The team's notes, every day
| OneLineMultiIndicatorMTF | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($30) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Osman Faruk Gokbulut | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.