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How to Write an Expert Advisor or an Indicator

Top MQL4 and MQL5 source codes based on user ratings - 20

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Simple average spread per hour statistics output.

Composite RSI

T3 with floating levels

Indicator is already multi time frame version with alerts included.

Parabolic SAR that avoids some of the problems of existing PSAR-indicators and calculates the values correctly.

One more average/smoother that due to its fractional calculation period possibility can be used to be made adaptive.

Simple trend visualizer.

The simplest EA based on the WeightOscillator weighted oscillator.

Derived from the NRTR indicator, provided with a new visual display.

Well known BB Stops (Bollinger Bands Stops) indicator with some additions and further adapting to MetaTrader 5 usage.

The smoothed Money Flow Index oscillator with the color indication of overbought/oversold level breakouts and of the histogram direction.

Trading system based on the signals of the ICHI_OSC indicator

Heatmap of Averages.

Volatility Quality Stridsman (histo).

Average True Range (ATR) indicator values from other timeframes in a digital format, displayed as text on the chart.

Many traders are interested in native work with the BTC-e exchange directly from MetaTrader. In the exchange API, it is necessary to send data with the confirmation of parameters validity through HMAC-SHA512. The algorithm of SHA512 and HMAC calculation is implemented in this class.

The RBVI indicator with the timeframe selection option available in its input parameters.

Two histograms in one window, showing the maximum average price deviation in points from the initial value.

The Expert Advisor trades based on iMA and iRSI signals. Values of iMA on four bars are compared. Indices of these bars can be optimized.

This version is a sort of normalized version - since it shows Volume as a percent compared to the Average Volume over a chosen period.

The script draws horizontal lines representing BUY (blue) and SELL (red) orders.

Indicator of volumes accumulated.

Handy functions for comparison, rounding, formatting and debugging of doubles (prices, lots and money).

Panel indicator with the date on closed positions.

Working with pending Buy Limit and Sell Limit orders. Grid of pending orders.

The EA based on iCCI (Commodity Channel Index, CCI) indicator plus managing position volumes using martingale.

Working with pending Buy Stop and Sell Stop orders.

The EA based on iMACD (Moving Average Convergence/Divergence, MACD) and iStochastic (Stochastic Oscillator).

SuperTrend indicator

Step average - standard deviation based

VZO

Indicator VZO

Ergodic TSI (True Strength Index) as described by William Blau

Indicator RSI Overlay

Advance Parabolic Time/Price System

Trading system by iMA indicator (Moving Average, MA). Development of MA Trend.

Correlation market state

Strategy based on the standard indicator iCHO (Chaikin Oscillator, CHO) and custom indicator 'CCIDualOnMA'

An indicator lets you specify the number of bars separately before and after the current High / Low (fractal) can.

The Panel Designed for "Best Graphic Panel in MQL5" Contest. This graphic panel allows to automate manual trading. It has many functions, including the visual construction of trading strategies.

The ZigzagColor_Channel plots a channel by connecting the ZigZag peaks and ZigZag bottoms.

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