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How to Write an Expert Advisor or an Indicator

Top MQL4 and MQL5 source codes based on user ratings - 34

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The Force Index Indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bears Power at each decrease.

The Williams' A/D indicator is the accumulated sum of positive "accumulational" and negative "distributional" price movements. Divergences between the indicator and the price are a signals.

The indicator determines the bulls or bears prevail on the market and plots their strength.

The Expert Advisor is profitable only if the "Open prices" only or "1 minute OHLC" modes used in Strategy Tester.

When the chart symbol is changed, it will change symbols for all other charts.

Aroon Oscillator predicts price changes from trend to flat market conditions.

BrainTrend1Sig is an indicator for positions opening and closing. It indicates trend reversal points when a price reaches extreme values.

CStochasticOnArray class is designed for calculation of Stochastic indicator values on indicator buffers. The example of use of the class is provided.

HLR

The HighestLowestRange (HLR) determines the relative price position in range of the several X bars ago. If price located at range bottom (new low), the indicator is equal to 0, if price position at the top of the range (new high), the indicator is equal to 1 (or 100%).

Trading signals module for MQL5 Wizard. ASCtrendSignal indicator's color dot serves as a market entry signal.

Trading signals module for MQL5 Wizard. Stalin indicator's color arrow serves as a market entry signal.

Function Library for Working with Time Series: iTime, iOpen, iHigh, iLow, iClose, iHighest, iLowest, iBarshift. Short invocation version is available for all functions (with the current chart's symbol and period).

Analyzed copy of ATC2012 current champion JPAlonso's EA.

The ZigZag drawn using Heikin Ashi extremums

The class is designed for calculation of the technical indicator Triple Exponential Moving Average (Triple Exponential Moving Average, TEMA) using the algorithm of the ring buffer.

An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.

Normalized oscillator that uses Fisher's transformation, drawn in the form of a color histogram.

An example of posting a message containing an image on the MQL5.com website using the WebRequest() function. This is an example of how to authorize using a login and a password, and to insert an image into a text message.

Robot that trades the open sentiment of the market.

Simplified version of the popular ZigZag indicator. The algorithm runs significantly faster, does not use intermediate calculation buffers, does not contain nested cycles and, therefore, does not redraw itself.

Averages indicator, which contains 18 types of averages available.

Envelopes using the Color_PEMA_Digit MA, with an indication of trend direction and display of the last values of channel borders.

A trend indicator of NRTR type using an MA and ATR.

Laguerre filter - without the usage of gamma parameter

A cross platform library/framework

Trend indicator

The Envelopes Indicator is formed by two Moving Averages, one of them is shifted upward and another one is shifted downward. The selection of optimum relative number of band margins shifting is determined with the market volatility: the higher the latter is, the stronger the shift is.

The Ultimate Oscillator was developed by Larry Williams. It uses the averaging of three oscillators with different periods.

This is a modified version of ZigZag indicator that draws lines with different colors depending on the price movement direction.

It's a well-known indicator that shows maximal and minimal prices (and average values) of the last n bars.

To demo buffer-pattern: Candles + Fractals + ZigzagColor + ColorMaLine.

Trend indicator with simple smoothing algorithms.

This indicator finds the nearest neighbor by using a weighted correlation coefficient, in which more recent prices have larger weights. The weight decays linearly from newer to older prices within a price pattern.

It uses martingale, the number of doublings is limited.

Graphic Panel Contest submission.

Trade signals based on "3 Black Crows/3 White Soldiers" candlestick pattern, confirmed by Market Facilitation Index (MFI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.

Trade signals based on "Dark Cloud Cover/Piercing Line" candlestick pattern, confirmed by Commodity Channel Index (CCI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.

The indicator generates market entry signals and draws the line of Stop Loss orders positioning.

SHI_Channel_true automatically shows Barishpolts dynamic moving channels on a chart.

The indicator shows trend change rate with a minimum lag.

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