Top Expert Advisors for MetaTrader 5 based on user ratings - 21

The Exp_MA_Rounding_Candle Expert Advisor is based on the MA_Rounding_Candle indicator candlestick color change.

Trading system using the ColorMETRO_Stochastic indicator.

Exp_Directed_Movement is based on the change of color of ROC2_VG indicator.

Trading based on the ZeroLag MACD custom indicator.

Trading based on two indicators: iAlligator (Alligator).

The Expert Advisor opens or closes positions at the intersection of lines.

An assessment is made based on the values of five indicators (Gator, WPR, AC, DeMarker and RSI). Uses trapezoidal membership functions. Before sending a trade request, it checks if funds on the account are enough.

This utility program records tick quotes in the CSV and BIN format. A flexible set of symbols is available for writing.

A trading strategy based on RSI and Bollinger Bands.

A trading system based on the Stopreversal indicator signals.

An Expert Advisor based on "KDJ Indicator"

The Expert Advisor is based on Puria method with a few changes. It uses two iMA (Moving Average, MA) indicators and one iMACD (Moving Average Convergence/Divergence, MACD).

Trading signals are generated based on a comparison of two trend indicators: iMA (Moving Average, MA) and iSAR (Parabolic SAR). The EA works on the zero bar, only one position can be open. Trailing stop is used.

An Expert Advisor based on indicator Renko Level

Increasing a position volume. Entry signal by iDeMarker (DeMarker, DeM) indicator. Regular trailing and trailing by equity.

Grid of Stop and Limit pending orders.

The Expert Advisor based on the BullsBearsEyesindicator custom indicator

Working with pending Buy stop and Sell stop orders. Martingale.

The EA uses two indicators iMA (Moving Average, MA), Fast and Slow, and one indicator iBands (Bollinger Bands, BB).

This code snippet implements a dynamic risk management strategy for existing trades. It focuses on closing trades based on profit or loss thresholds and employs a trailing stop loss to lock in profits as the trade moves favorably. The strategy helps manage risk and enhance profitability in a streamlined manner.

Expert Advisor based on three moving averages and exit using Stop Loss or Take Profit. It sets up an entry with the trend.

Trading system using the AsimmetricStochNR indicator.

The Expert Advisor to perform global Stop Loss on all open positions

The script demonstrates the example of using the FileWriteArray() function

An ExpertAdvisor based on the T3MA-ALARM indicator.

Trade direction is chosen based on a random number generator. Stop Loss and Take Profit are set based on the random number generator. Lot calculation based on the risk value as a percentage of free margin. The code contains protection against the "not enough money" error.

Advisor on the signals of the indicators Bollinger Bands and Moving Average.

The Expert Advisor is based on Bill Williams' strategy.

The Expert Advisor waits for a gap at the bar opening.

An Expert Advisor based on two indicators: iFractals (Fractals) and iAlligator (Alligator).

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.

The EA identifies discrepancies between theoretical and actual currency exchange rates to execute risk-minimized trading opportunities.

Intitial position is opened according to signals of the indicator.(there are six variants). If position becomes unprofitable, its volume is increased

The Exp_wlxBWWiseMan-2 Expert Advisor is designed using the semaphore signal indicator wlxBWWiseMan-2.

Support\resistance levels, trend direction — bullish\bearish.

Trades on PERIOD_M1 (M1). Calculates bullish and bearish candlesticks.

MetaTrader 5 allows creating synthetic instruments. The price of such instruments can depend on the current values of a number of financial instruments. In trading, such symbols allow spotting the beginning and end of global market movements at an early stage. In this example we create synthetic instruments to analyze the strength of Forex currencies EUR, USD, GBP, JPY and CHF.

Very popular but dangerous strategy which doubles the stakes after each loosing trade. Finally, if there is enough margin it will reverse into the direction of the current price move and will eventually close in profit. This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951

Classic strategy based on Parabolic SAR indicator. With Auto Lot options and Trailing Stop. This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951

Something for those who wants to try out new Strategy Tester and don't have any EA.