Universal EA MA + MACD + RSI + Bollinger Bands | Configurable | Free MT4 Source-verified data · REAL-DATA-SOURCE · mql5.com/en/market/product/2980

MQL Universal EA MT4

Universal EA — MA, MACD, RSI, Bollinger Bands | Configurable | Free MT4

About MQL Universal EA MT4

The MQL Universal EA is a free Expert Advisor for MetaTrader 4, available on the MQL5 Market (product/2980). It is a fully configurable universal Expert Advisor that trades using the standard MT4 technical indicators including Moving Averages, MACD, RSI, and Bollinger Bands. The concept is a universal automation framework: rather than implementing a single fixed strategy, the EA allows traders to configure which standard indicators to use and what parameter values to set, effectively building their own indicator-driven strategy without writing MQL4 code. The EA is provided free of charge on MQL5. A Universal EA for MT5 (product/326) is also available. The universal EA concept — allowing configuration of standard indicators — makes it ideal for traders who want to automate their own indicator-based manual strategy.

Key Features

✓ Free — no cost to download or use from MQL5 market
✓ Standard MT4 indicators — MA, MACD, RSI, Bollinger Bands all supported
✓ Universal framework — automate any combination of standard indicator signals
✓ No coding required — configure by setting EA parameters, not writing MQL4 code
⚠ Strategy quality depends on the indicator combination and parameters you configure
⚠ Always backtest your chosen indicator configuration before live trading
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