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How to Write an Expert Advisor or an Indicator

MQL4 Source Code Library for MetaTrader 4 - 50

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The largest library features codes of free trading Expert Advisors, technical indicators and scripts. With the available applications you can trade in automated mode and analyze price dynamics. Use the library of codes to learn more about financial market sentiments.

Download free applications, test them and run in your MetaTrader 4. You can access them from the MetaTrader 4 platform and the MetaEditor development environment.

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Strategy is founded on support and resistance AND the theory that the market moves in trends or consolidated horizontal movement containing smaller ranges. It uses default custom indicator moving average and partial order closing. -WhooDoo22.

Execute Script only one time and it will delete all pending orders i.e Limits and Stops by this script at once. No Need to run script for each order separately.

Renko Expert Advisor.

Multi-currency EA, working on brekouts and stop-orders.

Autostop automatically sets stops on open trades

A simple script to quickly place letter/numbers on the chart for wave labeling (A, B, C or 1, 2, 3, etc)

Schaff Trend + Signal EMA

Improved functions iAC, iAO and iBearsBulls

Scripts to modify stop loss in buy or sell opened orders on current chart.

For those trader who can't stand having the Market Watch or Navigator boxes up on their platform but like to have a time displayed on chart a Simple Clock Indicator

Extension of VR --- SETKA. Advisor to the grid works by Martin ...

Indicator BoDi for finding signals to close position.

Calculates the profit from oppened trades if the Price reaches the dropped Price

Opens specified trades at the specified time

MFI indicator with possibility to establish applied price.

Customizable Fibonacci Tool scripts to make these tools more informative on chart as per your needs.

This EA executes trades when it recognizes candlestick patterns that are associated with Bullish Reversals. Test have been ran on the daily chart. The code still needs a lot of work, so trade at your own risk.

Improved functions iBands и iMACD.

Automatic set (woth confirmation) of tp ans sl calcul use buy cost it work for every trade available and for all symbol. You can change the external parameter for tp and sl. I work on a new version where you could choose sl and tp for each symbol

Trades on two moving average crosses

Trades when the first parabolic sar dot occurs signaling a new trend

Scalper system. It shows the entry, takeprofit and stoploss levels.

Scalper system. It shows the entry, takeprofit and stoploss levels.

This indicator gives BUY and SELL signals and entry level.

Simple multicurrency trend indicator. You can modify it according to your taste.

PEMA is the Pentuple Exponential Moving Average.

QEMA is the Quadruple Exponential Moving Average.

This indicator computes the median of odd span. It is often considered as one of the most robust smoothing operator in the presence of outlier values, and particularly more robust than the mean.

The EA based on break-outs with money management. It is able to trade on multiple pairs.

MACD indicator with possibility to establish mode of moving average and applied price.

Trades using parabolic sar signals

Detects and displays fixed value of Constant Range Candles - Range Bars and Renko Boxes. Place any position on chart.

A brand-new EA to modify orders stop levels

I make the new EA similar Sophia1.1 but logic is different and money management. I saw it strategy up a book of Enrico Malverti (Trading Systems).

Bollinger Bands indicator with possibility to establish mode of moving average, applied price and deviation as a double value.

Find the highest and lowest price in the specified period,then draw four 25~85-degree angle line for forecast price .

EA placing orders progressively and scalping on global profit.

This is the standard MACD indicator drawing two flat lines instead of a signal line. It allows you to detect and trade flat markets.

Regression channel for long period, per variable is number of candle, deviation variable is a standard deviation.

Trades on RSI indicator.

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