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

This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.

this is a copier template

Creating profit labels on deals (closed trades) which also show in the strategy tester

Prototype for data collection. Dummy buffers for the data window (for data collection purposes) for the hour of the day, and an additional buffer for the hour of the day. Comments the hour of the day.

This script is a reference solution for mapping symbol names configured by users in MetaTrader 5 EAs or scripts to the actual names provided by the broker. It uses the Levenshtein distance algorithm to automatically identify the most similar symbol in Market Watch. It is ideal for developers facing compatibility issues with prefixes or suffixes in symbol names. This is a customizable starting point to adapt to any specific needs.

This script was developed for displaying saved Strategy report from the Strategy Tester into a chart.

Dots (MetaTrader indicator) is based on the 2006 indicator by TrendLaboratory. It displays the current trend direction by placing the dots on the main chart. The blue dots signal bullish trend and the red dots signal bearish trend. Although the indicator doesn't rely on any standard MetaTrader indicators, it uses a call to iMA() (moving average) to get the price values depending on the input price type used (Close, Open, High, Low, Typical, etc.) The calculation is based on the cosine of the angle of price change. Trader can modify several input parameters. The indicator is available both for MT4 and MT5 versions of the platform.

The MACD Coloured Histogram is an enhanced version of the classic MACD (Moving Average Convergence Divergence) indicator, designed to provide a clearer and more intuitive visual analysis of market momentum. This indicator combines traditional MACD functionalities with a dynamic histogram that changes colour based on the relationship between the MACD Line and the Signal Line, allowing traders to quickly identify trends, reversal points and moments of indecision in the market.

A zigzag indicator that uses a single input to adjust the step size for detecting wave direction changes

This MQL5 custom indicator detects divergences between price action and the Awesome Oscillator (AO), signalling potential market reversals or continuations. It plots buy/sell arrows on the chart, displays the AO as a histogram, and draws trendlines to highlight divergences.

Indicator that displays the day's trend at any chart time. You can customise the colours and position of the text on the screen.

Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.

The Auto SL TP by Risk Reward Ratio script is a simple yet powerful tool designed for MetaTrader 5 traders who want to streamline their risk management process. This script automates the process of setting Stop Loss (SL) and Take Profit (TP) levels for open positions based on a user-defined Risk:Reward ratio and Stop Loss in pips. Whether you're a beginner or an experienced trader, this script saves time and ensures consistent risk management.

This EA is meant to impose a few rules to manage baskets.

The indicator displaying multi level of ATR Channel.

Trading Gap Weekend, is it profitable?

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

Super pass-band filter as described by John Ehlers

RMA Relative Moving Average is a variant of EMA

This is an indicator that helps identify Engulfing candle patterns.

This is an indicator that combines swing high/low and Fibonacci Retracement to identify potential buying zones.

Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.

Trend Dashboard Indicator MetaTrader 5 indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.

Keltner Channel for traders or young developers by William210

This Script collects all MQL5 built-in indicators buffers and stores them in a CSV file for analysis purposes

While manually adjusting the stop-loss of a single trade to match its open price is a relatively simple task, managing numerous positions individually can be cumbersome and time-intensive. The Titik Impas Breakeven script for MT4/MT5 streamlines this process, providing efficiency and convenience for traders dealing with multiple positions.

This is a first for MetaTrader 5. Now you can click on the chart to create price alerts.

Bollinger Bands with controllable outer band smoothing (post smoothing)

Time to candle Close. Dynamic text colours. Optimised for back-testing.

Draw daily vertical lines plus the day of week labels on the chart.

The T3 Indicator is an advanced moving average that combines six exponential moving averages to provide smoother price action with reduced lag compared to traditional moving averages.

This is a simple indicator to display histogram of custom bars' durations in minutes. Applicable for renko boxes, PnF, equivolume bars, etc.

A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.

Let follow previous EA by this link https://www.mql5.com/en/code/46630

Checks if either upper or lower Wick range of a candlestick is greater than Body range of a candlestick and plot a wingding

A sophisticated tool that accurately measures market noise

The indicator shows the angle or average speed of price change.

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

Float MetaTrader indicator — a sophisticated indicator that analyzes the previous chart history for the given currency pair and then tries to analyze the trends in the current situation. It shows where trends start and end in a separate chart window and Fibonacci retracement levels combined with DiNapoli levels on the main chart. It also displays how long ago the local high and low were detected. This indicator is available for MT4 and MT5.

Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5