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Top MQL4 and MQL5 source codes based on user ratings - 46

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If a trade is closed by Stop loss, the volume is doubled; if by Take profit the minimum volume is used. OnTradeTransaction is used to determine whether a trade was performed after the activation of Stop loss or Take profit.

Counting the number of series of bullish and bearish bars. Displaying the result as a chart. Saving the screenshot of the resulting chart. The script uses the CGraphic class.

An example of creating synthetic instruments for calculating the strength of RTS, USD, RUB based on futures contracts of the FORTS market.

Trading in a channel based on a Moving Average with the period of 220 and three Envelopes with the periods of 220 and different heights. Position trailing.

Balance of Power, introduced by Igor Livshin, attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine. This version of indicator calculates the BOP exactly as it is described in the article where it was published.

UI

Ulcer Index (UI) - the volatility decrease index.

The Schaff Trend Cycle (STC) indicator detects up and down trends long before the MACD. It does this by using the same Exponential Moving Averages (EMAs), but adds a cycle component to factor currency cycle trends. Since currency cycle trends move based on a certain amount of days, this is factored into the equation of the STC indicator to give more accuracy and reliability than the MACD.

The RSI bands indicator helps in multiple ways, but mainly in visualizing on the main chart what price change would trigger the expected overbought or oversold signals.

As a logical step to filter out more the possible false signals, this variation of Schaff TCD RSI is using RSX (which is a smoother RSI than the "regular" RSI) to produce a smoother result.

The EA compares the opening prices of the zeroth and the second bar. It moves positions to a breakeven and/or enables trailing.

Trading on indicator Heiken Ashi Smoothed Oscillator. Settings for placing Stop Loss, Take Profit, and Trailing the positions.

Trend-following trading system Exp_AbsolutelyNoLagLwma_X2 based on the signals of two indicators AbsolutelyNoLagLwma

Two indicators AbsolutelyNoLagLwma from different timeframes, the area between lines being filled with a cloud, the color of which corresponds with the trend direction on the market

Moving average AbsolutelyNoLagLwma displaying the most recent values as a price label, with the possibility to round the indicator levels to a required number of digits.

Super Trend indicator is probably one of the most known for MetaTrader 4. This version is for MetaTrader 5.

BB Stops indicator of smoothed WPR.

Indicator Choppiness Index Histogram

The Silence indicator displays aggressiveness (price change rate, the blue line) and volatility (the red line) in a separate window.

The TriggerLines trend indicator draws two moving average lines colored in accordance with the trend direction: green for upward and red for downward.

This version of Trend Envelopes RSI indicator differs in one significant point: instead of using fixed value (5) for envelopes calculation, standard deviation (adjusted by multiplier) of the calculated RSI is used for envelopes calculation.

The channel formed on an open price of an hour set in the settings

JMACandle_Chl indicator with the timeframe selection option available in input parameters

XBullsBearsEyes_Vol_Direct indicator with the timeframe selection option available in input parameters

Indicator Sylvain Vervoort rainbow moving average

Indicators iCCI (Commodity Channel Index, CCI) and two iMAs (Moving Average, MA) are used.

SR-RateIndicator indicator provides alerts, sends email and push notifications when overbought/oversold levels are broken through by the histogram.

Key Reversal indicator

The indicator shows Buy and Sell signals of three indicators (iSAR, iMFI и iTEMA) located in nine timeframes, with full settings

Two identical trading systems (for long and short deals) based on the ColorPEMA indicator signals that can be configured in different ways within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system

This indicator enhance the functionality of the standard crosshair of MetaTrader adding the difference in Percentage and the time span in a human readable form (not in bars, but in Hours, minutes, days, etc)

Prices truncated to pips.

The Adaptive Moving Average Indicator is used for constructing a moving average with low sensitivity to price series noises and is characterized by the minimal lag for trend detection.

The purpose of this grid is to replace the standard grid with more convenient, it allows to determine many important points on the chart, the properties of the price movement and checkinh the quotes quality (for the presence of holes).

This simple Expert Advisor uses Simple Moving Average and ADX indicators.

A Colorful Fan of Moving Averages.

The DRAW_NONE drawing style is used in cases, when you need to calculate and show the values of the indicator in "Data Window", but the plotting isn't needed.

This indicator shows the direction of the acceleration of JFatlAcceleration price from a larger timeframe at a smaller one.

CSAROnArray class is designed for calculation of SAR (Parabolic SAR) values on indicator buffers. The example of use of the CSAROnArray class is presented.

Trinity-Impulse indicator shows market entries and periods of flat.

This indicator shows trend direction (Moving Average) and trading signals (Stochastic + Accelerator).

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