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Top MQL4 and MQL5 source codes based on user ratings - 31

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Intelligent position protection with one-hedge-per-position logic. Features magic number separation, cooldown timer, and max hedges limit. Prevents infinite hedging loops. Free MIT license.

This indicator calculates and displays the Exponential Moving Average (EMA) on the MetaTrader 5 chart. Fully customisable period. Allows selection of the applied price (Close, Open, High, Low, Median, Typical, Weighted). Uses the standard EMA formula, initialised from an SMA of the first bars. Can be used as a standalone technical analysis tool or integrated into automated trading systems for trend-following and moving average crossover strategies.

An advanced order flow engine that approximates tick-by-tick aggressor data to calculate the true Cumulative Volume Delta, it exposes institutional absorption and divergence hidden within standard price candles.

Universal Breakout Study is a research-focused Expert Advisor for MetaTrader 5 designed to analyze and optimize range breakout strategies. It provides flexible parameter testing, fast optimization, and a structured framework for validating trading ideas using historical data and forward testing.

This Expert Advisor combines an ADX-based trend strength filter with an EMA pullback entry technique, using ATR for dynamic stop loss and take profit sizing. It is designed for trading a single symbol with one position open at a time.

Open source MT5 spread logger with average, p50, p90, p95, p99, maximum spread, alerts and CSV export.

Daily Range Tracker — Live Today's Range vs Average Daily Range. Daily Range Tracker shows you, at a glance, how much of the symbol's typical daily movement has already happened today — helping you judge whether the day still has room to run or is already exhausted.

A native MQL5 script that measures how concentrated a strategy's profit is — whether the edge is broad or rests on a few lucky trades. It reads a per-trade CSV (Date,Profit) and reports the share of net profit from the largest trades, the Gini coefficient of the winners, a concentration profile, a survival test that removes the best few trades and recomputes net profit and profit factor, and the largest single day versus a configurable consistency limit, combined into a concentration-and-consistency score (A+ to F) with recommendations. If no file is found it generates a sample set, so it runs out of the box. No external libraries, no Python, no AI. The helper ExportTrades.mq5 writes the file from your trade history.

A lightweight educational MetaTrader 5 indicator that maps Premium, Equilibrium and Discount areas from a selected market range.

Spread calculator is created to display the current spread on any currency pair on the chart.

Live pip value, risk-based lot sizing, custom volume risk analysis & open position P/L — all in one panel.

Multi-timeframe Support & Resistance zone scanner with strength rating and instant alerts — M15, H1, H4, D1.

A read-only on-chart panel that tracks your account against a daily-loss limit and a max-drawdown limit, with color-coded OK / WARNING / DANGER status. Monitoring only - it does not place, modify or close any orders.

Calculates the correct lot size for a planned trade from your risk (percent of equity or a fixed money amount) and stop-loss distance (points or a price level). Respects the symbol's contract specification - tick size and value, volume min/max/step - and estimates the required margin.

The KCI Volatility Distance is an advanced, adaptive algorithm meticulously engineered to map market momentum and trend direction with pure precision. Utilizing a proprietary matrix-based calculation, this tool dynamically filters out market noise and provides a strictly quantitative perspective on directional strength. Built with a highly optimized Object-Oriented Programming (OOP) core, it is designed for both visual trading clarity and seamless integration into Expert Advisors or Machine Learning modules, ensuring ultra-light CPU performance across multiple assets.

1. The Core Tracking Engine (Alpha-Beta Filter)At its core, the indicator utilizes an Alpha-Beta filter—a lightweight, steady-state version of a Kalman filter designed to track position and velocity.Predictive Calculation: Instead of simply averaging past prices like an SMA or EMA, the engine calculates a predicted price based on current velocity ($v$).Error Correction:

Volume Strength Compass is a volume-analysis indicator for MetaTrader 5 that evaluates market activity using Relative Volume, candle body strength, close position, and volume intensity. The indicator classifies each candle into different volume conditions such as normal volume, low volume, high volume,climax volume, bullish effort, bearish effort, and absorption. The results are displayed using colored volume columns, background highlights, signal labels, an average-volume line, and a real-time dashboard. The indicator can use tick volume, real volume, or automatically select real volume when available. It also supports alerts on either the current live candle or after candle closure.

This indicator is essentially a GPS based on envelope as channel gauging and weather radar for the market wrapped into one. Instead of just giving you a bunch of lines to guess at, it calculates the mathematical "stretch" of the market and combines it with a multi-timeframe trend analysis to tell you exactly where you are. if price is outside band it is some fundamental shift in momentum happening if you are on wrong side then quit and stay away or go with trend on pull backs

An institutional-grade trading journal and behavioral analytics suite designed to run entirely inside MetaTrader 5. The application is built as a single-file, zero-dependency dashboard that replaces standard terminal objects with a high-performance, double-buffered vector graphics pipeline (CCanvas). It provides real-time quantitative analysis, behavioral risk auditing, a vertical scrollable monthly calendar, and interactive log cards with inline note editing directly on the chart.

This release introduces a lightweight automated trading prototype built on top of the Interactive Supply and Demand Zone Manager framework. The framework allows traders to draw and manage their own supply and demand zones, while each zone maintains its own lifecycle, interaction history, and evolving state as market conditions change. The hybrid approach combines user-defined zones with automated monitoring, validation, and trade management. The strategy evaluates qualified zones through a structured decision process before generating trade actions. Detailed logging provides visibility into zone behaviour, allowing traders to study interactions and build their own approaches using the collected information.

Most channel indicators tell you where the breakout level is. This one tells you how far away from it you are, right now, in a form you can act on.

The Nikkei 225 Gap Continuation EA is a MetaTrader 5 Expert Advisor that trades bullish and bearish continuation movements after the cash-session opening gap. It combines an opening-range breakout with VWAP confirmation, automatic risk-based position sizing, partial profit-taking, break-even management and a forced session exit. The EA supports both netting and hedging accounts.

Reads a closed-position trade history (a CSV file, or one generated automatically from the current account's deal history by the companion RuinExport.mq5 script) and reports four independent risk fingerprints: volume escalation after a loss, overlapping same-direction exposure that averages into a worse price, payoff asymmetry between wins and losses, and a classical risk-of-ruin estimate at a stated risk per trade. The four scores combine into a single A-to-F grade with plain-language recommendations. If no CSV is found, the script generates a reproducible demonstration book automatically, so the report is visible on the first run.

Pro Manager is an all-in-one MT5 trading assistant built for prop firm and professional traders. Execute trades faster, manage positions smarter, control risk efficiently, and automate daily trading tasks with powerful tools such as Break-even, Average TP, Magic Number management, and Auto Grid.

The Trend BOSS Indicator identifies regimes such as trending, ranging or volatile using a Bag-of-SFA-Symbols (BOSS) classifier. Gate your strategies behind specific regimes or use the indicator to identify various market conditions.

Global Macro Soros. A multi-timeframe trend-agreement indicator inspired by George Soros's macro trading style.

Read-only MT5 history utility that groups partial fills by position identifier and separates gross result from commission, swap, fee, and net result.

Read-only broker-native trading-session inspector with current status, next transition, multi-symbol scope, and CSV export.

Measures whether an entry signal actually beats transaction costs, before you spend weeks building an EA around it. Reports net result after cost, an honest t-statistic on non-overlapping samples, and a random control. Places no orders.

Professional MQL5 indicator (separate window) that automatically scans multiple symbols and timeframes, detects the most recent valid Wolfe Wave patterns (bullish/bearish), displays them in an interactive dashboard, and allows one-click chart opening with full pattern drawing.

Opens a virtual bracketed trade on every M1 bar, walks it forward on the real tick history, and reports for a sweep of stop distances how often 1-minute OHLC modelling would score the trade the wrong way round.

This indicator is based on DRAW_FILLING buffers. The input parameters are absent, the TimeTradeServer(), TimeGMT() functions are used.

Class for the calculation of the ENUM_STATISTICS enumeration parameters

An indicator of technical shapes by Merrill. М & W Wave Patterns by A. Merrill.

The Mass Index is developed to catch the trend reversal points. It is based on changes between maximum and minimum prices. If the amplitude gets wider, the mass index grows; if it gets narrower, the index gets smaller. The mass index was created by Donald Dorcy.

Classes for working with databases through ODBC and OLE DB interfaces

One-click trading.

A class for creation and output of BMP images.

The Roulette Game.

Premier Stochastic Oscillator - Double EMA smoothing of stochastic, based on article in TASC by Lee Leibfarth (August 2008)

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