Top MQL4 and MQL5 source codes based on user ratings - 8

A small educational MetaTrader 5 indicator that marks simple three-candle bullish and bearish Fair Value Gaps on the chart.

An educational MT5 panel that maps the live price vertically inside four developing candles and summarizes location alignment, dispersion, candle direction and time remaining.

An oscillator that shows 4 line studies: 1 for consecutive up bars, 1 for consecutive down bars, 1 for the average consecutive up bars, and 1 for the average consecutive down bars.

On-chart panel with the live spread of the chart symbol - current, minimum, average and maximum since attach - color-coded against your warning and danger thresholds, plus an optional alert when the spread stays at the danger level for N consecutive seconds (news and rollover spikes).

BBandsPsar is a custom hybrid indicator that fuses Bollinger Bands’ volatility framework with the Parabolic SAR’s trend-following logic. By integrating these two methodologies, it effectively reconciles market volatility with emerging trend dynamics within a single, cohesive tool.

A pure-MQL5 script that measures how robust a strategy's edge is to execution costs. It reads a Date,Profit,Volume CSV of closing deals and models each deal's cost as a fixed part plus a per-lot part. It prints the breakeven cost per deal, the cushion (the multiple of an assumed realistic cost at which the net profit reaches zero), the net profit and profit factor re-priced at the assumed cost, the share of winners the cost turns into losers, and a composite A+ to F cost-robustness score with recommendations. If no file is present it generates a reproducible sample and analyzes it, so the output is visible on the first run. No external libraries, no Python, no AI.

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.

Bidirectional grid EA for Gold (XAUUSD). Ideal for ProCent accounts. Includes Daily Profit Target and Max Drawdown protection.

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).

this is a copier template

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.

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.

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.

This is a custom indicator for MetaTrader 5 whose sole purpose is to display a BMP image on the chart, centred on the screen

Custom MACD for MetaTrader 5 enhances the classic MACD with real-time signal alerts sent to your phone. Detect trends and reversals with customizable parameters, intuitive visuals, and automated buy/sell notifications.

This is a simple script file to compute lot size either using risk percentage approach or the actual amount to risk.

An indicator that provides a clear visualization of volume pressure on each side of the market

Expert Advisor for MetaTrader 5 that combines Exponential Moving Averages (EMA) and Relative Strength Index (RSI) to generate trading signals. Includes risk management features and trading time filter.

CloseAllOrders is a powerful and user-friendly Expert Advisor designed to simplify trade management in MetaTrader 5. With an intuitive button interface directly on your chart, you can close all market positions and pending orders instantly with just one click.

A candlestick chart which connects the ask price and bid price to the high and low of the candles

It's the classic zigzag with a timeframe input to display a HTF zigzag on a LTF chart

It signals a period of low market volatility that is about to end, foreshadowing a significant price move.

This indicator implements the "Quarters Theory" - a technical analysis concept that divides price movement into four quarters around a central base level. It's designed to work with multiple asset types (Forex, stocks, commodities, etc.) and provides visual quarter levels on the chart.

WPR indicator in chart window with TPSL