MetaTrader 5
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Top Expert Advisors for MetaTrader 5 based on user ratings - 14
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On contrast with Trailing Stop which a stop loss trails price until the price hits the stop loss and the position gets closed in profit, introducing Trailing Take Profit which take profit trails price when a position is in loss and ultimately the position gets closed with loss.
Trade signals based on three moving averages is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
The trading system based on change of the trend direction displayed by the EF_distance indicator and force of the trend determined by the Flat-Trend indicator.
This Expert can run on all Symbols and Time Frames and uses the crossover of two Linear Moving Averages as Signal and an Exponential Moving Average as Trailing Stop.
Signals based on four iMA (MA) indicators, by PRICE_OPEN, PRICE_HIGH, PRICE_LOW, PRICE_CLOSE prices. Trades only on hedge accounts.
The Expert Advisor identifies trend based on three moving averages (with periods of 200, 50, 25 or other custom periods), and opens trades using the Parabolic SAR indicator. The EA uses martingale techniques, lot is calculated as percent of deposit depending on stop loss.
Shows an appropriate value for the last three bars on each timeframe: "1" if the bar is bullish, and "0" if the bar is bearish.
The Expert Advisor searches for N identical candlesticks in a row. It buys on bullish candlesticks and sells on bearish ones. The account type is taken into account, i.e. whether it is netting or hedging.
Trading based on indicator iStochastic (Stochastic Oscillator, Stochastic). Stop Loss, Take Profit, and Trailing of a position can be enabled/disabled.
At the specified hour, the Expert Advisor analyzes OHLC of the previous bar and sets pending orders
Two identical trading systems (for long and short deals) based on the AdaptiveRenko indicator signals that can be configured in different ways within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system
The EA automatically trades based on trend and mean reversion signals with validated parameters.
The eInTradePanel is a panel for manual trading, it has some useful functions. It needs the minimum space on the chart.
Trade signals based on "Morning Star/Evening Star" candlestick patterns, confirmed by Commodity Channel Index (CCI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
ExpHAWaves is a MetaTrader 5 Expert Advisor based on the Heiken Ashi and StepUpDown indicators.
The Exp_XROC2_VG_X2 trend-following trading system is based on the signals of two XROC2_VG indicators.
The Expert Advisor places four positions with different Take Profit levels per time. As soon as one Take Profit triggers, the other positions will be moved to breakeven.
Range BreakOut EA. The range is defined by the min number of bars and max width in pips. This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951
This code block detects a New Bar or a New Candle when it has received.
Trade signals based on "Bullish Engulfing/Bearish Engulfing" candlestick pattern, confirmed by Relative Strength Index (RSI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
The Exp_ColorMaRsi-Trigger Expert Advisor is based on signals triggered by the colors of the ColorMaRsi-Trigger semaphore signal indicator.
The Exp_ColorJFatl_Digit_ReOpen trading system is based on the ColorJFatl_Digit indicator color change with adding to trend-following positions.
The Exp_BykovTrend_ReOpen trading system based on the signals of the BykovTrend indicator with scaling by the trend.
The Expert Advisor uses Parabolic SAR and three EMAs (with the periods of 10, 25 and 50).
The Exp_XFatlXSatlCloud trading system is based on change of the trend direction displayed by the XFatlXSatlCloud indicator
The Expert Advisor searches for N identical candlesticks in a row. It buys on bullish candlesticks and sells on bearish ones. The account type is taken into account, i.e. whether it is netting or hedging.