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Trend by Color (MT4) — review, price and free alternatives
MT4 indicatorfree on MQL5by Kazuya Nagato
Trend by Color is a free MetaTrader 4 indicator by Kazuya Nagato on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Trend by Color — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Kazuya Nagato
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Trend by Color on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
BleakTrend MA BleakTrend MA is a simple multi-timeframe moving average that changes color based on trend direction.
Before you use Trend by Color
What the developer claims
- This indicator is designed to stay simple and visual, without signals or alerts.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Trend by Color
Compiled from its public MQL5 listing. FxRobotEasy has not traded Trend by Color; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Trend by Color review examines real performance and trading analysis to help you make informed decisions. Trend by Color by Kazuya Nagato represents a comprehensive automated trading solution for MT4 traders. What sets Trend by Color apart is its balanced approach to trade execution and capital preservation.
Risk notes
Trend by Color 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
- MT4 platform compatibility
- Developed by experienced Kazuya Nagato
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Trend by Color on MT4 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
Trend by Color or Trendopedia AI?
| Trend by Color | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Kazuya Nagato | FxRobotEasy |
Trend by Color — questions
What is Trend by Color?
Trend by Color is a MetaTrader 4 indicator published on the MQL5 Market by Kazuya Nagato, and it is listed at no charge. 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 Trend by Color work on MT4 or MT5?
Trend by Color 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.
Is Trend by Color free to download?
Yes -- Trend by Color is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-03-19. The file is downloaded from the developer's (Kazuya Nagato) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Trend by Color?
FxRobotEasy has not traded Trend by Color 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 Trend by Color 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.