Top Expert Advisors for MetaTrader 5 based on user ratings - 2

This Expert Advisor (EA) helps traders manage risk by automatically adjusting position sizes and stop-loss levels based on market volatility, using the Average True Range (ATR) indicator. The EA calculates the optimal position size for each trade according to a user-defined risk percentage and the current ATR value, ensuring consistent risk exposure across all market conditions. It also offers an ATR-based stop-loss option to adapt to volatility, while employing a simple moving average crossover strategy to open buy trades. Ideal for traders seeking to automate risk management without complex trading logic, this EA prioritizes account protection and simplifies the trading process.

Trading Gap Weekend, is it profitable?

Detecting the start of a new bar or candle in an Expert Advisor's OnTick() event handler.

To use martingale money management when a position is in loss and price hits any of specific distances.

Raymond Cloudy Day For EA, a revolutionary trading tool created by Raymond and expertly developed for the MT5 platform. This innovative indicator integrates a cutting-edge calculation method with advanced algorithms, surpassing traditional Pivot Points to enhance trading strategies with unparalleled precision.

"This advisor uses the RSI indicator to determine optimal entry and exit points in the market. A unique feature of the advisor is its martingale strategy, which allows for position reversal with an increased lot size during market reversals. The advisor offers flexible trading time settings: you can set a working time range and disable trading during specific hours to filter out news events."

Trading system based on XDPO_Histogram indicator signals.

a Simple Visual Strategy Tester / Manual Trade Training using Martingale.

A simple yet effective donchian channel breakout strategy. This strategy is timeless!

A portfolio EA for the MOEX FORTS market.

The Exp_PFE trading system based on the signals of the PFE oscillator.

This utility is simple example to add sound alert on connect / disconnect

The Exp_JSatlCandle Expert Advisor based on signals of the JSatlCandle indicator.

Optimal closing tool with Bollinger Bands and RSI.

This is a simple example of user interface of information system with possibility to trade by pressing a button.

The Exp_DigVariation Expert Advisor is based on the reversal of the DigVariation non-normalized oscillator direction.

The Exp_ADXDMI trading system based on the signals of the ADXDMI oscillator.

The breakthrough trading system based on the signals of the i-CAiChannel_System_Digit indicator.

Trading system based on the signals of the WPR_Slowdown indicator.

The Exp_Bezier_ReOpen trading system is based on the Bezier indicator color change with adding to trend-following positions.

The Expert Advisor manages positions using labels.

The Expert Advisor is based on the signals of indicators iBands (Bollinger Bands, BB) and iRSI (Relative Strength Index, RSI).

The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.

This EA will scan all the closed trades and then print the nth trade from the end

One-click trading.

The Roulette Game.

The MACD Sample Expert Advisor trades at the crossover of the main and the signal line of the MACD. This Expert Advisor is an example of object-oriented approach in EA development.

A trading system based on the ColorFisher_m11 indicator signals.

Trading panel based on class CDialog.

The cIntBMP library provides the creation of graphic BMP images. We will consider the example of its use in creation of self-similar fractal sets using the Iterated Function System (IFS).

The Exp_ColorXvaMA_Digit Expert Advisor is based on the ColorXvaMA_Digit indicator color change.

The Exp_ColorJSatl_Digit Expert Advisor is based on the ColorJSatl_Digit indicator color change.

This Expert Advisor closes all positions if the total loss exceeds a predefined limit.

ExpBuySellSide is a MetaTrader 5 Expert Advisor based on the ATRStops and StepUpDown indicators.

A trading system based on the KWAN_RDP indicator signals.

Moving averages on charts M5, M15, H1 are analyzed. The presence of the iMA (Moving Average, MA) "fan" is checked simultaneously on all three charts (M5, M15, and H1).

The trading system based on Rj_SlidingRangeRj_Digit_System indicator signals with the possibility to set a fixed position holding time.

The trading system based on DEMA_Range_Channel indicator signals with the possibility to set a fixed position holding time.

The trading system based on the Wajdyss_Ichimoku_Candle indicator signals with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system.

Trade signals based on "Hammer/Hanging Man" candlestick pattern, confirmed by Market Facilitation Index (MFI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.