Introduction


Tired of chasing overpriced indicators that overpromise and underdeliver? Say hello to the SMHA Indicator MT4, a no-cost trend-following tool designed to give you clear market direction—coz you deserve a fair shot at consistent profits. Built and back-tested by the YoForex team, this indicator cuts through noise, highlighting trends and helping you enter trades with confidence. Whether you’re a total newbie or a seasoned trader, you’ll appreciate its simplicity, reliability, and zero-martingale approach. And the best part? It’s 100% free on MQL5.software…no hidden fees, no trial periods. Just download, plug it into MT4, and start spotting trends like a pro.


Overview


The SMHA Indicator MT4 is a hybrid moving average system that blends simple and weighted averages to identify robust market trends on any timeframe. It’s been rigorously back-tested over thousands of tick data points and live-verified in real-market conditions, so you don’t have to guess if it works. Core features include dynamic trend filtering, automatic signal arrows, and an optional sound alert for crossovers—perfect for traders who multitask.


Key specs at a glance:



  • Platform: MetaTrader 4 (MT4)

  • Timeframes: M1–H4 (optimized for M15/H1)

  • Currency Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD, and more

  • Min. Deposit: $100


If you’re just getting started, check out our Beginner’s Guide to MT4 Indicators for setup tips and best practices. And for those hungry for more advanced tactics, explore our Top Trend-Following Strategies.


Key Features



  • High-Precision Trend Detection using SMHA crossover logic

  • No Repaint Algorithm—signals remain valid after bars close

  • Customizable Moving Average Periods for fine-tuning

  • Built-in Signal Alerts (pop-up, email, push notifications)

  • Auto-Adaptive Filter reduces false signals in ranging markets

  • Minimal Drawdown design (no grid, no martingale)

  • Multi-Pair Compatibility—works on any currency or metal

  • Lightweight Code—negligible impact on MT4 performance

  • User-Friendly Interface—intuitive inputs and on-chart display

  • 24/7 Live-Market Verified by YoForex traders


Backtest Results & Proof


We back-tested the SMHA Indicator MT4 on EURUSD (M15) over five years of tick data, totaling over 50,000 trades. The equity curve shows steady growth with a compounded annual return near 18% and max drawdown capped at 7%. Our sample size covers major market events—from central-bank decisions to flash crashes—so you can trust its robustness.



Beyond historic tests, live-market deployment on a demo account for 3 months yielded a 12% net gain, with clear signal entries and exits—no curve-fitting, just repeatable performance.



For full backtest details and parameter settings, visit the SMHA Indicator MT4 download page.


How to Install & Configure



  • Download the SMHA Indicator MT4 from MQL5.software.

  • Copy SMHA_Indicator.ex4 into your MT4 “Indicators” folder (File → Open Data Folder → MQL4/Indicators).

  • Restart MetaTrader 4 so the indicator appears under “Custom Indicators.”

  • Attach SMHA Indicator MT4 to your chart (drag-and-drop).

  • Open the indicator’s “Inputs” tab:

  • Set FastPeriod and SlowPeriod (default 10/30).

  • Enable ShowAlerts and choose your preferred notification type.

  • Adjust FilterThreshold to suit volatility (20–40 recommended).

  • Click “OK” and watch the trend arrows plot in real time.


Why Choose YoForex-Powered Tools?


YoForex has been empowering traders since 2018, delivering free, high-quality tools without hidden subscriptions or upsells. Our products are built by seasoned quants and devs, live-tested by a global community, and continually updated based on feedback. When you choose an YoForex-powered indicator, you’re backed by a responsive support team, comprehensive guides, and an ethos of transparency. No fluff—just tools that work.


Support & Disclaimer


If you hit any bug or need help configuring the SMHA Indicator MT4, ping us on WhatsApp or Telegram:



  • WhatsApp Support: wa.me/+443300272265

  • Telegram Group: t.me/yoforexrobot


Disclaimer: Past performance is not a guarantee of future results. Always demo-test any strategy before trading real money. Trade responsibly and use proper risk management.


Call to Action


Ready to take your trend-following game to the next level? Grab your copy of the SMHA Indicator MT4 now—it’s totally free! Head over to MQL5.software, download, install, and get instant trend signals. Don’t wait—start spotting market moves today and trade smarter with YoForex by your side.


Happy Trading