Top MQL4 and MQL5 source codes based on user ratings - 12

Trend Equilibrium Indicator TrendEQ dynamically analyses market trends by combining momentum and volatility. By measuring momentum against market trends, TrendEQ provides a reliable measure of trend strength and direction.

An indicator which visualizes how volume changes over time within each bar. It shows tick volume in a rolling histogram format.

Download all the ticks from your broker for all the symbols in the market watch. Download all history or until a specific date in the past if available.

The goal is to make the function readily available for any Telegram integration task in MQL5 development. By adding this file to your CodeBase, you can simply include it in your Expert Advisors and call the function directly from the included module. This eliminates the need to redevelop the code from scratch repeatedly, ensuring reusability across multiple projects.

This is a piece of code to add to an existing Expert advisor to track withdrawals from your account where the EA is running. It helps the user to monitor his or her withdrawals from a particular account.

EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It's not just a current drawdown indicator; it's especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.

The Custom MA Cross with RSI Indicator for MT5 is a versatile trading tool designed to help traders identify trend changes and filter entries using momentum. This indicator combines two moving averages (MA) with the Relative Strength Index (RSI), offering clear buy and sell signals.

Script for partially close active buy orders

Partially close active sell orders

An analogue of Period Converter in MT4

try to imitate trading system using expert advisor

A quick little script to make traders' lives easier. The one thing that always annoys me is resetting the properties like colors for a new chart, to make it look the way i like it. So Here is a script to make things smoother.

"2 Moving Averages with Bollinger Bands" is a custom MT5 indicator that combines two configurable moving averages and optional Bollinger Bands. It generates real-time Buy and Sell arrows when crossovers occur, with optional alerts, sound, and email notifications. Suitable for all timeframes and symbols

Name of expert is 'MultiStrategyEA'

The Value Area Retracement indicator, is a powerful volume profile-based tool designed to identify key trading levels—Point of Control (POC), Value Area High (VAH), Value Area Low (VAL), and Profile High/Low—across different timeframes. It helps traders spot potential retracement opportunities to the POC, breakout zones, and value areas, making it useful for intraday, swing, and position trading.

Tarantella EA: Advanced grid trading system with hedging capabilities and Market Profile integration. Uses ADX trend filtering, Fibonacci-based grid spacing, and multi-layered entry conditions (RSI/ATR/volume) to execute trades only within Market Profile value areas. Features intelligent risk management including trailing stops, breakeven triggers, and partial hedge closing.

The WaveTrend Indicator (WT) is a powerful technical analysis tool designed to identify trend direction and potential reversal points. It plots two lines, WT1 and WT2 , in a separate window, calculated based on price momentum and smoothed averages.

Introducing MP by SPLpulse, a sophisticated and highly versatile Expert Advisor designed for the modern trader. Whether you are a scalper, a trend follower, or a reversal trader, MP by SPLpulse combines multiple trading strategies with an institutional-grade risk management suite to adapt to your unique trading style. Take control of your trading with unparalleled customization and powerful automation.

Showing different ways of the Aroon values calculation

A simple yet effective RSI indicator that monitors overbought and oversold conditions on any symbol and timeframe. Sends instant alerts via pop-up and mobile notifications when RSI crosses your defined thresholds.

CandleMove - Pips & Percentage Movement Display A visual tool that helps you quickly gauge the strength of each candle by displaying its price change directly on the chart.

Hover over any candle to see what MT5 doesn't show: Range size, Body percentage, Wick ratios. Smart, fast, and customizable.

Function of lot calculation by risk percentage

This script serves as a practical example of how developers can programmatically work with files using MQL5. One of its key objectives is to demonstrate effective project file organization, which is essential for developers working on large-scale systems or aiming to create portable, self-contained projects. The concept can be expanded further and refined with additional ideas to support more advanced development workflows.

Filter trades by trading sessions (London, NY, Tokyo, Sydney)

This library provides real-time spread monitoring and statistical diagnostics for MetaTrader 5 symbols. It tracks spread evolution using a lightweight circular buffer and computes running metrics such as average, minimum, maximum, and standard deviation. The library classifies current spread conditions into informational states (low, normal, high, extreme) and offers helper methods to query spread behavior and stability. Optional notifications can be enabled to signal unfavorable market conditions. The library is purely analytical: it does not place trades, manage orders, or modify account state, and is intended to be used as a supporting tool inside Expert Advisors or indicators.

monitoring varous trends of timeframes in one timeframes

Include class that validates combined terminal ping + execution latency before trade operations. Returns false if threshold is exceeded.

ExMachina CandleTimer Lite - Free candle countdown timer for MetaTrader 5 with the ExMachina steel palette theme.

Heikin Ashi overlay (color candles or line) with 5 smoothing methods, step filter, MTF, signal arrows, strength meter, dashboard, and 4-channel alerts (popup/sound/push/email). Free.

Technical Details Uses MQL5's OrderSend with TRADE_ACTION_DEAL for instant market closure at current Bid/Ask prices. Includes slippage tolerance (10 points), proper volume matching, and magic number preservation. Loops backward through positions to prevent index shifting during execution.

ATR-based trend indicator with 3 ATR modes (Wilder/SMA/EMA), dynamic color line, signal arrows, trend duration, distance in pips, trend strength rating, signal counter, expanded dashboard, 4-channel alerts. Free.

ASQ FlowDesk is a streamlined trading panel for MetaTrader 5 that provides one-click order execution, scaled take-profit exits, adaptive trailing stops, auto-breakeven, and a live analytics dashboard — all from a clean on-chart GUI.

ASQ RiskGuard is a risk management Expert Advisor for MetaTrader 5 that protects your account from excessive drawdowns. It monitors equity in real time, enforces daily loss limits, guards against high spreads, filters trading sessions, and provides a visual risk dashboard — all running silently alongside your other EAs.

A professional object-oriented MQL5 library designed for quantitative developers. It provides asynchronous order execution and dynamic slippage control to prevent terminal freezing during high-frequency algorithmic trading.

An institutional time and price filter that highlights strict macroeconomic trading windows and automatically projects Fair Value Gaps exclusively when institutional volume is present.

A free, open-source breakout scalping Expert Advisor for MetaTrader 5 by AlgoSphere Quant. It implements a strict seven-condition entry system where every condition must align simultaneously before any trade is taken.

Multi-timeframe confluence indicator designed to snipe accurate entries. Inspired from TradingView

Real-time spread monitor with statistics panel, CSV logging & alerts

ASQ Divergence Detector scans your chart for regular and hidden RSI divergences and marks them with color-coded, non-repaint arrows.