Top MQL4 and MQL5 source codes based on user ratings - 7

MT5 indicator showing bar index, price difference in points, and percentage change. Ideal for EA integration and fast analysis.

Line to change direction

Institutional-grade forex session detection and analysis library for MetaTrader 5.

Runtime trade frequency adjustment library for MetaTrader 5.

Professional Telegram integration library for MetaTrader 5 EAs.

Institutional risk analysis library for MetaTrader 5. Zero external dependencies. Pure MQL5 mathematics.

Centralized indicator handle management library for MetaTrader 5 EAs.

An indicator which features full Smart Money Concept (SMC) + Break Of Structure (BOS) + Change Of Character (COC) + Fair Value Gap (FVG) Detection and Buy/Sell signals.

Hon-APS (Advanced Pattern Scanner) is a sophisticated, open-source Expert Advisor for MT5. Unlike typical retail bots relying on lagging indicators, Hon-APS trades structural breakouts backed by quantitative Order Flow algorithms. It actively scans for classical chart patterns (e.g., Head & Shoulders, Bottoms, Triangles) and validates entries using L2 Order Book absorption and bid/ask imbalances. Complete with a polished on-chart UI, true Kelly Criterion risk management, and a robust macroeconomic news scraper, it's designed for prop-firm viability and high-end capital preservation.

An advanced quantitative filter based on Chaos Theory and fractal geometry, it calculates the intrinsic dimensionality of the price curve to instantly classify market regimes into trending or mean-reverting states.

ASQ PropGuard is a real-time prop firm rule monitor for MetaTrader 5. It tracks daily loss limits, maximum drawdown, profit targets, and trading day requirements — all displayed on a dark-themed chart overlay with color-coded progress bars and a live pass/fail verdict.

KSQ Command Centre is a production-ready, two-way bridge between MetaTrader 5 and Google Sheets. It was originally designed to help fund managers and quantitative traders remotely monitor and manage large, funded accounts (e.g., Darwinex Zero, Prop Firms, PAM, MAM) directly from a mobile browser, without needing to log in to a VPS. This Expert Advisor not only exports data—it actively listens for commands typed into your Google Sheet and executes them in MT5 in near real-time.

RSI Grid Overlap Pro is a professional MT5 Expert Advisor combining RSI-based market entries with an adaptive grid recovery system. It features intelligent overlap order management to reduce drawdown, plus virtual trailing stop, breakeven, and three lot sizing modes — fixed, balance-proportional, and risk-based — making it suitable for both conservative and aggressive trading styles.

BEC Trade Manager helps you manage active positions on the current symbol using one-click controls for breakeven, trailing logic, partial close, stop-loss removal, profit-side closing, loss-side closing, and fast scalp entries. It also displays key account and symbol information on the chart, including equity, floating profit, daily profit, stop-loss labels, and basket breakeven preview.

Using arrow to open a position and the middle line to exit from the position that is currently open.

A quantitative multi-asset oscillator designed for Statistical Arbitrage (Pairs Trading), it calculates the logarithmic spread between two correlated assets and measures its Z-Score to identify risk-neutral mean-reverting opportunities.

RMA Relative Moving Average is a variant of EMA

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

Horizontal Grid Controller with KeyEvents

Set TakeProfit by just dragging and dropping script on the desired price level.

Keltner Channel for traders or young developers by William210

The MT5 custom indicator, named "wd.Multi_LineMA.mq5," is designed to offer traders valuable insights into Moving Average values from a higher timeframe (MTF Multi TimeFrame). It encompasses additional visual features for in-depth analysis, such as the ability to view trails for a specified number of bars and a dynamic MA horizontal price line.

Structure of input parameters

This EA is a demonstration of how you can implement your own Hedging strategy with the help of the include file.

main point is changing of MA curve to horizontal line and DPO curve shall represent to distance from close price to zero level or MA curve

Synchronized custom crosshair indicator showing price and (server/local) time.

Time-related functions for empirical detection of server time zone and daylight savings mode (DST) from history of quotes

This code provides a simple function for sending push notifications to your mobile device whenever trades are opened or closed in MetaTrader 5. It's designed for netting accounts (where only one position per symbol is allowed).

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

An MQL5 Expert Advisor that reacts to high-impact forex news events using the MQL5 Calendar. It identifies news related to inflation (CPI/PPI) and interest rate decisions, placing breakout trades with pending orders. Ideal for traders looking to automate news-based strategies. (This is just a starting point)

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.

Custom time and price scale.

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.

Indicator for calculating the average price of open positions, you can use the magic number if you want to separate the positions of just one robot, but the zero number is for manual operations.

This is a simple analytical (non-signal, one-time calculated) indicator that allows you to test the hypothesis that price timeseries represent a "random walk", specifically Gaussian "random walk". This can help to construct a parametric transformation of price increments into evenly distributed, more stable and predictable time series, at least in terms of volatility.

EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It is not just an alerter of current drawdown; it is especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.