Top Expert Advisors for MetaTrader 5 based on user ratings

A system to test up to four indicators concurrently in the strategy tester

The Playground EA series was created for experimentation with Fair Value Gaps (FVGs) and liquidity concepts

RiskSizer Panel Lite is a simple MT5 trading panel that calculates an estimated lot size based on your risk percent. Drag two chart lines to set SL/TP, then use one-click BUY/SELL for fast manual execution.

This EA serves as a template for traders interested in automating strategies in MT5. It implements a Moving Average crossover system and can be used as-is or customized by adjusting its settings. The free source code is designed to be easily modified for adding new indicators, logic, and trading features.

A liquidity-sweep / order-block scalper with ATR-based sizing and a higher-timeframe trend filter. Every trade is tagged on the chart with the live historical win rate of that setup type — a running scorecard, not just boxes.

The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.

In Part 5 of the book, we'll delve deeper into the APIs associated with algorithmic trading, including financial data analysis and processing, chart visualization, automation, and user interactions.

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.

Part 2 "MQL5 programming fundamentals" is an introduction to the key concepts of this programming language. This part of the book is devoted to data types, identifiers, variables, expressions, and operators. You will learn how to combine different instructions to form the program logic.

The AutoCloseOnProfitLoss Expert Advisor (EA) is a powerful automation tool for MetaTrader 5, designed to close all open positions when predefined profit or loss targets are reached

The function calculates the lot size of an open position. The opening price of a deal, the price of stop loss level and the risk per deal in per cent of the deposit are passed as parameters

An example of a bot with an embedded machine learning model that is trained in python and saved in ONNX format.

Market Replay Tool is an MT5 utility that seamlessly merges a Market Replay simulator with interactive TradingView-style Long & Short drawing tools. It allows traders to backtest strategies on historical data with adjustable playback speeds, while effortlessly mapping out risk-to-reward setups using dynamic, draggable entry, stop-loss, and take-profit visual boxes directly on the chart.

In the fourth part of the book, we will focus on mastering built-in functions (MQL5 API) and will gradually delve into specialized subsystems. Any MQL5 program can utilize a plethora of technologies and functionalities. Therefore, it makes sense to begin with the most simple and useful functions that can be utilized in most programs.

This expert is a system to help any trader to make a grid of orders.

Professional panel for closing positions with 6 smart filters. Close all, by type, by symbol, or by profit/loss. Real-time P&L display. Perfect for emergency exits and risk management. Includes safety confirmations.

This EA is intended to test a popular trading strategy. My own backtest shows that this strategy does not work as it was intended

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

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

Gold has a daily maintenance break on the CME. The first hour after it rises more than chance explains, in every calendar year of an 11-year sample - while every other hour of the day measures flat. One trade per session, a volatility-scaled server-side stop, no averaging or grid. Then my cost model turned out to be wrong. A real-tick backtest showed the true round-trip cost at the reopen is about 60 points, not the 19 my research had charged - the M1 bar spread field is a per-bar summary and understates it roughly threefold. Re-running 11 years at the corrected cost: +3.34 bps, t 7.40, 59.3% wins -> +1.60 bps, t 3.42, 50.8% wins The edge survives, at less than half its original strength. That second number is the real one. What it is not: about +3.3% a year with 4.6% drawdown, roughly one year in nine negative. At 0.01 lots that is ~130 a year - a figure that measures the position size, not the strategy.

Just two timeframes — H1 and D1 — work synchronously to filter out the noise and capture only strong RSI reversals from overbought and oversold zones. No random entries, only a clear confirmation of the direction from the "big brother."

A strict Multi-Timeframe Price Action Expert Advisor that trades based on precise OHLC conditions across different timeframes simultaneously. It features pending order entries, role reversals, and dynamic risk management without using any lagging indicators.

This EA help you for Auto set the TP & SL by default parameter, Auto trailing stop & step for any order that you place from any device, Easy way to close all orders with 5 Button "Close All", "Close Profit", "Close Lose", "Close BUY", "Close SELL", Auto close all orders by profit or lose treshold value

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.

Part 3 "Object Oriented Programming in MQL5" offers an immersion into the world of object-oriented programming (OOP) in the MQL5 language. Software development often involves the complexity related to the management of multiple entities, requiring advanced technology to improve programming convenience, productivity, and quality.

This Expert Advisor (EA) implements a triangular arbitrage strategy between three currency pairs: EURUSD, USDJPY and EURJPY

A lightweight tool for manual scalping in MT5 using keyboard shortcuts

Fox Wave Clean - Professional Order Manager Professional EA for efficient trade management with one-click position control. Clean design, powerful functionality.

ICE Pro v1.0: Momentum Intelligence System. ICE isn't just a static indicator-based EA (Expert Advisor). It's an Adaptive Trading engine that uses volatility (ATR) and volume profiles as primary filters to determine which price movements are "True Impulses" and which are simply "Market Noise."

This Expert Allows You To Run and Play DOOM (The Game) on MetaTrader5! It's A Take On The Infamous "Can It Run Doom?" Challenge.

A professional trade management utility that completely hides your Stop Loss and Take Profit levels from brokers. It features a Spread Protector to prevent virtual stop-outs during news events or daily rollovers.

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.

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.

A simple Expert Advisor based on the crossover of two EMAs (fast and slow), with configurable Stop Loss, Take Profit, lot size, and Magic Number.

On-chart trade management utility for MetaTrader 5 designed exclusively to adjust existing manual or EA positions. Features one-click controls for Break-Even placement, point offsets, profit locking, trailing stops, Risk-to-Reward (1R–3R) Take Profit targets, and volume-validated partial closures (25%–100%). Includes a draggable chart GUI and filtering by symbol and direction. Does not open new trades.

Tick-driven scalper that only trades genuine statistical outlier price moves, sized and protected to survive real broker execution delay. Backtest results included below.

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.

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

Simple Expert Advisor with custom R-squared optimisation function

This EA implements a range breakout trading strategy. It calculates a price range between start and end times defined by the user, draws a visual rectangle on the chart to mark the high and low of that range, and then monitors price action after the range closes. If the market breaks above the range high, it opens a buy trade; if it breaks below the range low, it opens a sell trade.