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Discover Trex MT4 2026 review with live stats showing 72% win-rate potential and 8% average drawdown. Get clear performance data and risk-managed insights.

Core approach and methodology
Powerful capabilities designed for professional trading
Slope analysis of Bollinger Bands to identify trend strength and direction
Combines moving averages with external filters to reduce false signals
Alerts precise entry points with configurable risk and stop parameters
Designed for clarity and simplicity, suitable for beginner traders
Optimized for multiple timeframes including H1 and H4 setups
Lightweight code for minimal CPU usage on MT4 terminal
This expert advisor is designed for these trader profiles
Trend-following traders seeking clear entry signals and controlled risk
Beginners wanting simple indicator logic and built-in filters
Swing traders targeting medium-term moves on H1 and H4 charts
Developers testing algorithmic strategies for rapid prototyping
This Trex MT4 review for 2026 provides a detailed performance analysis using live and demo samples across major FX pairs. The review examines signal clarity, timing, and historical win-rate estimates, and includes objective metrics such as average trade duration and drawdown. Trex MT4 is a trend detection and entry signal indicator that combines slope analysis of Bollinger Bands and moving averages with smart external filters to minimize low-quality entries. What makes Trex MT4 unique is its slope-based confirmation, which prioritizes directional conviction over noisy oscillators. The algorithm calculates band slope and MA direction, then runs user-configurable filters to suppress signals during low-volatility or choppy markets. This layered approach retains responsiveness in trending environments while reducing whipsaws, and the Analysis shows backtests often report win rates in the 60–75% range depending on settings and pair. Trex MT4 handles trending conditions best, particularly on H1 and H4 charts across EURUSD, GBPUSD and USDJPY, and produces moderate trade frequency of roughly 10–40 trades per month depending on timeframe. Risk control is built around stop placement tied to band width and recommended position sizing rules. Expected performance characteristics include smaller losing trades, larger winners, and measurable positive expectancy when combined with disciplined money management and proper filter tuning. The developer Ashkan Hazegh Nikrou emphasizes simplicity, clear signals, and low resource use on MT4. Traders should validate settings in forward testing and adapt filters to their chosen instruments before live deployment.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Trex MT4 running on your MT5 platform
Install Trex MT4 by copying the indicator file into the MT4 Experts or Indicators folder and restart the terminal. Attach Trex MT4 to the desired chart, typically H1 or H4, and enable AutoTrading if using alerts with automated logic. Key parameters to configure include band period, moving average type and period, filter sensitivity, stop-loss multiple, and risk percentage per trade. Recommended brokers are regulated ECN or STP providers with low spreads for major pairs. Test extensively on a demo account for at least 60–90 days and run both backtests and forward tests before trading live.
Download Trex MT4 from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
| Robot | Platform | Avg ROI | Drawdown | Win Rate | Price | |
|---|---|---|---|---|---|---|
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Trex MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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