Top MQL4 and MQL5 source codes based on user ratings - 4

Adaptive VWAP Institutional: Multi-Asset Auto-Detection & DST-Accurate Session Resets (Forex 5PM NY Standard).

A professional on-chart panel for instant lot size and risk calculation. Essential for manual traders using strict risk management.

If you have access to the Expert Advisor code, you can save balance and equity charts and calculate additional optimization criteria by adding additional code from this library.

Download all OHLC data history available and save it in a file, either for just one symbol or for many in Market Watch

NeuroPro Verbalisation Converter for MQL5

Modern Time Panel for MT5 The Modern Time Panel is a sleek, minimalist custom indicator for MetaTrader 5 that helps you track time with precision. Fixed neatly at the top-right corner of your chart, it displays the current Broker Time, Local Time, and a live countdown to the next candlestick (New Bar). Built with an independent 1-second timer, the countdown continuously runs even when the market is slow or there are no incoming ticks. Fully customizable and dark-mode friendly, it is the perfect non-intrusive tool to ensure you never miss a candle close.

Draws the previous day High, Low, and Close as horizontal reference lines on the chart for a configurable number of past days. Yesterday's levels extend into today as live support and resistance, with optional touch alerts.

An unsupervised machine learning indicator that applies the K-Means clustering algorithm to historical price action, mathematically detecting and plotting the true institutional liquidity pools without human bias.

Hon-Matrix is an advanced algorithmic trading system that combines Price Action, Volatility Analysis, and Real-Time News Filtering. Unlike standard "static" EAs, Hon-Matrix utilises a dynamic decision-making engine that identifies the current market phase (Trending vs. Ranging) and switches its entry logic accordingly. It features a professional-grade on-chart dashboard allowing for live parameter adjustments without restarting the EA, making it a powerful tool for both automated prop-firm passing and personal capital growth.

BEC is an advanced trade management Expert Advisor designed to automate breakeven, trailing stop, and position control — all from a powerful on-chart dashboard.

Library for trading session control. At startup it counts the time of trading sessions for all 7 days of the week (on Sat and Sun there can be cryptocurrency trading), up to 10 sessions per day. Then in OnTick() you can do checks, and if a tick came in outside the trading session, you can exit further processing of it.

The source codes written during the development of the library for creating multi-currency Expert Advisors that combine many instances of various trading strategies.

Modification of the standard indicator Fractal

Engulfing Bar Occurs below Ema moving Average that is rising - Buy Trade -

This service periodically checks swaps for predefined symbols and saves detected changes into CSV-files for further analysis and potential replay (not implemented here). Also it monitors and alerts swap changes of existing positions.

PrintXYZ() library to print massive information from the terminal.

Price Action Day Trader is a robust, trend-following MQL5 Expert Advisor designed for intraday trading. It focuses on high-probability price action patterns Pin Bars, Engulfing Candles, and Inside Bar Breakouts while filtering trades through a dual Moving Average trend filter.

In Part 6 of the "MQL5 Programming for Traders", we will study a key component of the MQL5 language – trading automation. We will start with a description of the fundamental entities, such as financial instrument specifications and trading account settings. These are prerequisites for creating properly operating Expert Advisors.

Alligator beginner tutorial to learn how to code in MQL5

This is an indicator with a rainbow-like display, both for trend or pullback prediction.

The EA only trades buy positions and does not use Sl and TP.

The two moving averages crossover strategy is one of the most common trading strategies in the financial market. It is based on the use of two moving averages (usually long and short term) and signals an entry into a position based on their crossover.

The indicator draws an arbitrary second timeframe on the chart.

A volume oscillator is a useful technical analysis indicator that predicts the strength or weakness of price trends

This code does not trace the iatr() because the iatr() or this code is a more modern version. This code uses original smoothing, a kind of SMA and not wilder smoothing. The analysis of the two smoothings can suggest opportunities elsewhere

This library simulates prop trading firm scenarios by resetting the account balance based on configurable profit and loss thresholds during backtesting, and logs reset results for analysis.

Translate risk percentages to the monetary figure based on the account balance

This MQL5 script exports candlestick data for various timeframes into a CSV file, capturing essential market information like open, high, low, and close prices. It analyzes each candlestick's characteristics, including body and wick sizes, while calculating additional metrics such as candle gaps. After processing the latest 21 bars, it notifies the user upon successful data export.

Marking the extreme highs and lows (OHLC) together with the extreme bid and ask prices

Unfortunately, I found that some brokers Changing the time on the server is a bit incorrect, which I didn't expect. and which surprised me a lot. Here is a script that anyone can use to check their broker.

BBMA ZoneZeroLoss Histogram shows trading zones e.g. for "Reentry" setup for risk minimisation

Keltner Channel (MetaTrader indicator) — is a classical technical analysis indicator developed by Chester W. Keltner in 1960. The indicator is somewhat similar to the Bollinger Bands and Envelopes. It uses three plot lines: the middle line is the 10-day simple moving average applied to the typical price ((high + low + close) / 3), the upper and the lower bands are produced by adding and subtracting the moving average of the daily price range (High and Low difference) from the middle line. This way, a volatility-based channel is built. In this version of the indicator you can modify all the parameters of the MA. The indicator is available both for MT4 and MT5 versions of the platform.

Logger with the ability to log individual modules or code sections

Simple Expert Advisor with custom R-squared optimisation function

Dynamic VWAP level which can be averaged over multiple days

The Watermark indicator is lightweight and efficient, designed to display an informative watermark over the main MetaTrader 5 chart. It automatically shows the current symbol, chart time and asset description, allowing traders to customise their interface with style and convenience.

This is a Moving Average indicator based on Heiken-Ashi candles instead of raw market price.

Weekly VWAP (Volume Weighted Average Price) is a powerful MQL5 indicator that calculates and displays the Volume Weighted Average Price for each trading week. It's a crucial tool for identifying weekly fair value and understanding the underlying sentiment over a longer timeframe.

Historical equity of one-time and one-time open virtual positions to analyse the efficiency of spread/equity trading

This is a tester script that extends the standard MetaTrader 5 optimisation capabilities, allowing you to evaluate strategies according to complex user-defined criteria (with separation into in-sample and out-of-sample periods, advanced metrics and statistical tests).