28 Tools for MT4 & MT5

Smart Trader Tools

The Complete 2026 Guide

28 professional-grade trading apps — Expert Advisors, custom indicators, and advanced execution tools. Developed by FX Blue Labs, free with participating brokers.

28 Tools
13 Expert Advisors
15 Indicators

What Are Smart Trader Tools?

Everything you need to know about the most popular MetaTrader add-on package.

What They Are

28 professional trading applications for MetaTrader 4 and MT5. The suite includes Expert Advisors for automated trade management and custom indicators for advanced technical analysis.

Who Made Them

Developed by FX Blue Labs, a specialist trading technology company. The tools are white-labeled and offered through partner brokers as a premium, value-added service.

How to Get Them

Completely free. Open a live trading account with any compatible broker, download the installer from their platform page, and install in under 5 minutes.

Our Top 3 Picks

The three Smart Trader Tools we use most — and why they stand out from the pack.

#1 Pick

Mini Terminal + Smart Lines

The single most useful tool in the package. One-click trading with built-in risk management, plus Smart Lines that execute trades when price hits your trendlines.

  • One-click buy/sell with preset lot sizes
  • Built-in risk calculator (% of balance)
  • Trendline orders and Smart Lines automation
  • Trailing stops and partial close management
MT4 MT5 Expert Advisor
#2 Pick

Trade Terminal

A full professional execution dashboard that manages all your open positions from one screen. Essential for anyone trading multiple pairs or running several strategies simultaneously.

  • Multi-position management dashboard
  • Bulk close, reverse, or hedge in one click
  • Account summary with real-time P&L
  • Order templates for recurring strategies
MT4 MT5 Expert Advisor
#3 Pick

Correlation Matrix

Instantly spot which currency pairs move together and which are inversely correlated. Critical for avoiding doubled risk and identifying hedging opportunities.

  • Real-time cross-pair correlation data
  • Multiple timeframe analysis (M5 to Monthly)
  • Colour-coded heat map for quick scanning
  • Portfolio exposure analysis across positions
MT4 MT5 Expert Advisor

13 Expert Advisors

Automated trade management, execution tools, and advanced analysis — running directly inside MetaTrader.

Alarm Manager

Set multi-condition alerts on price, indicators, and account events with email, sound, and push notifications.

MT4 MT5

Connect

Bridge MetaTrader to external systems. Send trade signals, data, and notifications to web services and third-party platforms.

MT4 MT5

Correlation Matrix

Colour-coded heat map showing real-time correlation between currency pairs across multiple timeframes.

MT4 MT5

Correlation Trader

Trade directly from the correlation matrix. Open hedged positions, trade pair divergences, and manage correlated exposure.

MT4 MT5

Excel RTD

Stream real-time MetaTrader data directly into Excel spreadsheets for custom analysis, journaling, and automated calculations.

MT4 MT5

Market Manager

An enhanced market watch window. View spreads, swaps, pip values, and price movement across all instruments in one panel.

MT4 MT5

Mini Terminal

One-click trading panel with built-in risk calculator, Smart Lines for trendline orders, and advanced stop/target management.

MT4 MT5

Sentiment Trader

View live long/short ratio sentiment data from broker clients. Gauge crowd positioning and identify contrarian trading opportunities.

MT4 MT5

Session Map

Visual display of global trading sessions (London, New York, Tokyo, Sydney) with session overlap highlighting and real-time clock.

MT4 MT5

Stealth Orders

Place hidden stop-loss and take-profit orders that are invisible to your broker. Orders execute locally on your machine at the specified price.

MT4 MT5

Tick Chart Trader

Real-time tick-by-tick chart with one-click trading. See every price movement and trade directly from the tick chart display.

MT4 MT5

Trade Simulator

Practise strategies using historical data without risking capital. Replay market conditions bar-by-bar and test entries, exits, and money management.

MT4 MT5

Trade Terminal

Full professional execution dashboard. Manage all positions, set bulk actions, and monitor account-wide P&L from a single interface.

MT4 MT5

15 Custom Indicators

Advanced charting tools, visual enhancements, and technical overlays for deeper market analysis.

Bar Changer

Switch between bar types instantly — standard, Heikin Ashi, line break, and more — without changing chart settings.

MT4 MT5

Candle Countdown

Displays the time remaining until the current candle closes. Essential for time-based trading strategies and session timing.

MT4 MT5

Chart Group

Link multiple chart windows so they change symbol simultaneously. Navigate your watchlist across all charts in one click.

MT4 MT5

Chart-in-Chart

Overlay a secondary instrument or timeframe on your main chart. Compare price action between two assets on the same screen.

MT4 MT5

Donchian

Donchian Channel indicator showing the highest high and lowest low over a configurable period. A key tool for breakout and trend-following strategies.

MT4 MT5

Freehand Drawing

Draw freehand annotations directly on your charts. Mark up support/resistance zones, annotate patterns, and sketch trade ideas.

MT4 MT5

Gravity

Displays price distribution zones — where price has spent the most time. Identifies key support and resistance levels based on volume profile.

MT4 MT5

High-Low

Automatically plots daily, weekly, and monthly high/low levels on your chart. Key reference points for range traders and breakout strategies.

MT4 MT5

Keltner

Keltner Channel indicator using ATR-based volatility bands. Commonly used with Bollinger Bands for the "squeeze" setup and volatility breakout trading.

MT4 MT5

Magnifier

Zoom into any area of your chart to see lower timeframe detail without opening a new window. Examine candle structure at a finer resolution.

MT4 MT5

Mini Chart

Embed a small secondary chart inside your main chart. Monitor a different symbol or timeframe without opening additional windows.

MT4 MT5

Order History

Displays past trades directly on your chart with entry/exit markers and P&L labels. Review previous performance at a glance.

MT4 MT5

Pivot Point

Automatic pivot point calculation and plotting. Supports Standard, Fibonacci, Camarilla, Woodie, and DeMark formulas.

MT4 MT5

Renko

Renko chart overlay that filters out time-based noise to show pure price movement. Great for identifying trends and key support/resistance levels.

MT4 MT5

Symbol Info

On-chart display of key instrument data — spread, swap rates, pip value, tick size, and contract specifications at a glance.

MT4 MT5

How to Install Smart Trader Tools

Get up and running in under 5 minutes with this simple setup process.

1

Open a Trading Account

Sign up with a compatible broker that offers Smart Trader Tools. Pepperstone, IC Markets, and Vantage are popular choices.

2

Fund Your Account

Make an initial deposit. The minimum varies by broker — some require as little as $0, while others start at $200.

3

Download the Installer

Log in to your broker's client area and navigate to the platforms or tools page. Download the Smart Trader Tools installer for your version of MetaTrader.

4

Install and Restart

Run the installer, select your MetaTrader directory, and restart the platform. All 28 tools will appear in your Navigator panel under Expert Advisors and Indicators.

Frequently Asked Questions

Quick answers about Smart Trader Tools, compatibility, and installation.

What are Smart Trader Tools?

Smart Trader Tools is a suite of 28 professional trading applications for MetaTrader 4 and MetaTrader 5. The package includes 13 Expert Advisors and 15 custom indicators developed by FX Blue Labs and offered free through participating brokers like Pepperstone, IC Markets, and Vantage.

Are Smart Trader Tools free?

Yes. Smart Trader Tools are completely free when you open a trading account with a compatible broker. There are no ongoing subscription fees or hidden charges — the full suite of 28 tools is included at no cost.

Which brokers offer Smart Trader Tools?

Several top-tier regulated brokers offer Smart Trader Tools, including Pepperstone, IC Markets, Vantage, FP Markets, and Axi. Each broker provides the full 28-tool package free to their clients.

Do Smart Trader Tools work on MT5?

Yes. All 28 Smart Trader Tools are available for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The tools are installed separately for each platform, but the features and functionality are identical.

What's the difference between Smart Trader Tools and standard MT4 indicators?

Smart Trader Tools are professional-grade applications that go far beyond standard MT4 indicators. They include Expert Advisors for automated trade management, advanced charting tools, correlation analysis, and execution features like one-click trading and trendline orders that are not available in the default MetaTrader installation.

How do I install Smart Trader Tools?

Installation takes under 5 minutes: open an account with a compatible broker, download the Smart Trader Tools installer from your broker's platform page, run the installer, and restart MetaTrader. The tools will appear in your Navigator panel under Expert Advisors and Indicators.

Is Trade Simulator available on MT5?

Yes. Trade Simulator is available on both MT4 and MT5. It allows you to practise trading strategies using historical data without risking real capital, making it an excellent tool for strategy development and backtesting.

Who developed Smart Trader Tools?

Smart Trader Tools were developed by FX Blue Labs, a specialist provider of trading technology and analytics. The tools are white-labeled and distributed through partner brokers, who offer them free to their clients as a value-added service.

Ready to Upgrade Your Trading?

Get all 28 Smart Trader Tools — free — with a compatible broker account.

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28 Pro Tools Free Access MT4 & MT5
JD

James D. from London

matched with AvaTrade

2 minutes ago