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TP and SL Calculator Indicator MT4 (MT4) — review, price and free alternatives
MT4 utility$50 on MQL5by Mehnoosh Karimi
TP and SL Calculator Indicator MT4 is a MetaTrader 4 utility by Mehnoosh Karimi, 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.
TP and SL Calculator Indicator MT4 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Utility
- Developer
- Mehnoosh Karimi
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded TP and SL Calculator Indicator MT4 on a live account and publishes no broker-verified performance record for it.
Last updated
Before you buy TP and SL Calculator Indicator MT4
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 utility in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Free tool · from FxRobotEasy
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EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- 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 EASY Fortress and set your limitsIt guards the account and opens no trades.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- EASY Fortress in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
TP and SL Calculator Indicator MT4 or EASY Fortress?
| TP and SL Calculator Indicator MT4 | EASY Fortress | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer |
| Platform | MT4 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Mehnoosh Karimi | FxRobotEasy |
TP and SL Calculator Indicator MT4 modelled Strategy Tester aggregate
As of December 2, 2025-3.35%
Simulated average ROI
19.34%
Simulated average drawdown
3
Simulated trades
1.13
Simulated profit factor
55.4%
Simulated win rate
2
Modelled scenarios
Subject: TP and SL Calculator Indicator MT4 averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
TP and SL Calculator Indicator MT4 — questions
What is TP and SL Calculator Indicator MT4?
TP and SL Calculator Indicator MT4 is a MetaTrader 4 utility published on the MQL5 Market by Mehnoosh Karimi, priced at $50 USD. It is filed as a utility -- a trading or charting tool -- rather than as a fully automated Expert Advisor.
Does TP and SL Calculator Indicator MT4 work on MT4 or MT5?
TP and SL Calculator Indicator MT4 runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does TP and SL Calculator Indicator MT4 cost?
TP and SL Calculator Indicator MT4 is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-11-27. It is sold and downloaded through the developer's (Mehnoosh Karimi) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for TP and SL Calculator Indicator MT4?
FxRobotEasy has not traded TP and SL Calculator Indicator MT4 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 TP and SL Calculator Indicator MT4 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.