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How to Write an Expert Advisor or an Indicator

Top Expert Advisors for MetaTrader 5 based on user ratings - 14

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The example of button, created using the object of OBJ_BITMAP_LABEL type.

Trade signals based on "Bullish Engulfing/Bearish Engulfing" candlestick pattern, 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.

Trade signals based on "Hammer/Hanging Man" 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.

A trading system that uses the Candle Momentum indicator.

Trading system based on the signals of the JMACandleSign indicator.

Trading system based on the signals of the LeManTrendHist indicator.

A trading system based on the signals of the Sidus indicator.

Exp_Directed_Movement Expert Advisor is based on the change of color of the Directed_Movement indicator.

Trading system based on the signals of the ColorXvaMA_Digit_StDev indicator.

The Exp_Delta_RSI Expert Advisor is based on the Delta_RSI indicator color change.

The Expert Advisor uses Fibo levels and iSAR indicator - Parabolic Stop and Reverse system. Trading is performed using BuyLimit and SellLimit orders.

The simplest Expert Advisor based on RSI.

The Expert Advisor is based on moving averages crossing.

Opens a SELL position on each bar, if Close of the 1st bar > Close of the 3rd bar. Opens a BUY position on each bar, if Close of the 3rd bar > Close of the 1st bar.

The Exp_ColorJFatl_Digit_Tm Expert Advisor is based on the ColorJFatl_Digit indicator signals and provides the possibility to set a strict trading time interval.

An assistant EA for manual trading. Sets Stop loss, Take profit, moves positions to breakeven and applies trailing.

The Exp_CandlesticksBW_Tm Expert Advisor is based on the color change of the CandlesticksBW candlesticks and allows strictly define the trading time interval.

An Expert Adviswor based on two indicators: iCCI (Commodity Channel Index, CCI) and iAO (Awesome Oscillator, AO)

Panel based on CDialog class. Work on the current symbol. Deleting, setting Take Profit, setting Breakeven on a group of positions

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.

The EA automatically trades based on trend and mean reversion signals with validated parameters.

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.

Trading system using the RSIOMA_V2 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.

GO

Signals based on four iMA (MA) indicators, by PRICE_OPEN, PRICE_HIGH, PRICE_LOW, PRICE_CLOSE prices. Trades only on hedge accounts.

MTC Neural network plus MACD - Expert Advisor for MetaTrader 5.

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.

Trading system using the IBS_RSI_CCI_v4 indicator

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 EA trades in the specified time interval. It takes into account High and Low within a certain number of bars. The EA includes protection against the "not enough money" error.

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.

A trading system using oscillator UltraAbsolutelyNoLagLwma.

At the specified hour, the Expert Advisor analyzes OHLC of the previous bar and sets pending orders

Expert Advisor based on iAO (Awesome Oscillator, AO)

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 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.

The Exp_FineTuningMA Expert Advisor is based on the reversal of the FineTuningMA moving average direction.

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