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How to Write an Expert Advisor or an Indicator

MQL5 Source Code Library for MetaTrader 5 - 10

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This is the largest free source code library for MetaTrader 5 platform programs. Here you can find ready-made Expert Advisors, technical indicators, scripts and libraries. Use the code library when learning MQL5 language and develop your own automated trading applications based on the provided codes.

You can freely download and test published codes, as well as launch them in MetaTrader 5. The library is also available directly from MetaTrader 5 platform and MetaEditor development environment.

Submit your code

The indicator calculates the average price for the specified period.

iExposure will show the opening of trading positions in tabular form in the sub-window below the main window. This allows the trader to see at a glance the positions in the market including the profit value and the amount of risk for each position. The iExposure indicator is a technical tool that is easy to use and very helpful, especially if a trader opens several trades at once with several different instruments. Traders can add the iExposure indicator to any price chart if they wish to use it. By adding the iExposure indicator, traders can also still see tabs of other trading positions for other currencies. Also note that iExposure can also monitor all trading positions, besides being able to make details by displaying one position for one window.

Displays the current timeframe and symbol name in large font on the chart background. Useful when hopping between several charts with different symbols at the same time.

The script is best use to clean up all drawings ( Delete All Object, Comment, horizontal line, vertical line, arrows etc) on current chart. Please feel free to modify based on your needs.

Dynamic pivots - any time frame

Limit channels - with states

The Hurst Coefficient Indicator was created John Ehlers in “Cycle Analytics For Traders”, pg.67-68.

ATR based limit channels

Short description.

Hann filter

Fir filters

DMH

Directional Movement using Hann windowing

CCI (mimic)

MT5 Indicator for Position Size Calculation

Rex indicator extended version

MyRsi with Noise Elimination Technology - by John Ehlers

MyRsi - by John Ehlers

The Hilbert Oscillator Indicator was created John Ehlers in "Rocket Science For Traders", pg.90-91

Moving Average Bands Width

Moving average bands - extended version

Moving Average Bands

Nadaraya-Watson estimator

This indicator provides handles for 2 properties, MA Speed (scaled) & Price-to-MA Distance (%)

Open Pending order After Position Get StopLoss

SymbolInfo example script lacks margin and leverage data wich are nowhere to be found explicitely in Metatrader, the trader must search thoroughly into the broker site in order to find them. The aim of this script is to provide a remedy to it from a standard tool.

This code use close all profit at end of week for currency pair

This code use detect economic calendar and put pending order before released news time

CloseAll script complying FIFO rules.

This is MQL5 version of Shved Supply and Demand indicator written by Shved and upgraded by eevviill7 from this link. Subsequently Mr. Behzad Movaghar added other functionalities to this link. This version of the Indicator contains the Code with an option to select the time frame of the Indicator other than that of the chart. For example if the chart is in 5M and the user want to see the support and Resistance levels of a particular chart pair at 15 M, is possible with this.

Check exists pending order prevent duplicate create pending order

Use protect profit after open position

You can identify buy trend and sell trend with this indicator

This EA demonstrates creating and saving a graphic chart using data from the MT5 Strategy Tester.

MACD zero line cross color candles with alerts for Metatrader 5

The HighPass - LowPass Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pg.78)

Use the intersection of two moving average lines to draw a vertical line.Then You can simply read the current market pattern

After the three average lines are arranged completely according to high and low, it can be regarded as a trend formation. After the pattern is destroyed, the hatching is no longer drawn Under the condition of no hatching, it is regarded as an indeterminate period

Building good trading habits by seeing things in terms of percentage not in terms of money.

Script to download EVZ data for Euro FX Vix indicator

Fibonacci Channel with Quartile Trendline Levels

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