Afl Winner Indicator MT4 + MT5

Built for MT4 and MT5, the Afl Winner Indicator reads a configurable rule set that fires when conditions align and prints clear cues. You drag it on. You set two or three inputs. The tool does the rest.

What the Afl Winner Indicator does on the chart

Under the hood the indicator uses standard math you know. It plots one clear layer, calls no external libraries, and stays light on the chart.

The Afl Winner Indicator reads price and recent bar structure. It plots the result on the chart. You can read it at a glance. It is built for MT4 and MT5. You drag it onto any chart in one step.

Key features and settings

  • Plots arrows when the configured rule set triggers
  • Configurable rules so you can tune sensitivity
  • Optional alerts on new signals
  • Designed as a confirmation tool, not a sole entry trigger
  • Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels can be toggled independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
  • Built for MT4 and MT5; works on every timeframe the platform supports.
  • Lightweight code that does not slow down the chart.
Setting Description Default
FastEma Fast EMA period 10
SlowEma Slow EMA period 30
RsiPeriod RSI period 14
RsiMidline RSI midline used as the trend side 50.0
SignalOnClosedBarsOnly Test closed bars only (false = intra-bar) true
MinBarsBetween Minimum bars between same-side arrows 3
ArrowOffsetPts Arrow offset from the bar (points) 30
FastColor Fast EMA colour Aqua

How to read signals from the Afl Winner Indicator

Afl Winner Indicator - buy and sell signals example chart
Buy/sell signals example

For more like this, browse the more signal-forecast indicators for forex or jump to the full all MetaTrader indicators.

The Afl Winner Indicator highlights a configurable rule set that fires when conditions align. A typical workflow looks like this.

Entry idea (long). Wait for a long signal arrow on the configured rule set and confirm with the bar close. Wait for the bar to close. Intra-bar values can shift.

Entry idea (short). Wait for a short signal arrow on the configured rule set and confirm with the bar close. The same close rule applies.

Exit idea. Some traders take partial profit at one R and trail the rest with structure. Some traders trail with structure. Others trail with the indicator itself.

These are concepts, not rules. Backtest on your instrument and timeframe before live capital.

Recommended timeframes and instruments

The Afl Winner works on every timeframe MT4 and MT5 supports. Most traders use it on:

  • M15 to H1 for intraday setups during active sessions.
  • H4 for trend context and confirmation.

Common instruments where this style of tool is applied include EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, and major indices such as US30 and NAS100.

How to install on MT4 and MT5

Afl Winner Indicator - indicator inputs and settings panel
Indicator inputs and settings

Install on MetaTrader 4

  1. Open MetaTrader 4 and go to File → Open Data Folder.
  2. Inside the data folder open MQL4 → Indicators.
  3. Copy the downloaded .ex4 (or .mq4) file into that folder.
  4. Restart MetaTrader 4 (or in the Navigator panel right-click and pick Refresh).
  5. Drag the indicator from the Navigator panel onto any chart.
  6. Tune the inputs to your trading style and click OK.

Install on MetaTrader 5

  1. Open MetaTrader 5 and go to File → Open Data Folder.
  2. Inside the data folder open MQL5 → Indicators.
  3. Copy the downloaded .ex5 (or .mq5) file into that folder.
  4. Restart MetaTrader 5 (or in the Navigator panel right-click and pick Refresh).
  5. Drag the indicator from the Navigator panel onto any chart.
  6. Tune the inputs to your trading style and click OK.

Best practices and tips

  • Combine the Afl Winner Indicator with one other tool. A higher-timeframe trend filter or a session tool works well.
  • Keep position sizing small while you learn the tool on your instrument.
  • Backtest the configuration on at least 200 closed bars before live use.
  • Do not chase signals that fire mid-bar. Wait for the close.
  • Review your trades weekly. Prune settings that did not perform on your own backtest.

Get the Afl Winner for MT4 and MT5

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FAQ

What does the Afl Winner measure?
It plots a clear signal layer that the Afl Winner computes from recent price structure on the chart.

Is the Afl Winner Indicator non-repaint?
The indicator confirms every signal on the bar close, so the printed signal locks in once that bar closes. There is no intra-bar mode on purpose: an early signal could vanish before the bar finishes, and that is what repainting means.

Which timeframe should I use?
There is no single best timeframe. M15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?
It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Fast-moving instruments may need a smaller period setting.

Can I add alerts?
Yes. Pop-up, sound, push, and email alerts can be toggled in the inputs. On MT4 and MT5 the alert plays on the bar close that triggers the signal. The Afl Winner Indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. Each channel is toggled independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Alerts trigger once per closed bar.

For external background reading, see the technical indicator basics.

Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the Afl Winner Indicator as one input. Always backtest before trading live.

External references

Dominic Walsh - Forex trader and MT4/MT5 developer

About the author

Written by Dominic Walsh, a Forex trader and MT4/MT5 indicator, Expert Advisor and script developer. Every tool on forexmt4systems.com is tested on live charts before release and ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files. Learn more about the trader and developer behind this site.

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