Top Expert Advisors for MetaTrader 5 based on user ratings - 25
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Another variation of the strategy based on the current candle being higher or lower than the previous one
The Cincin EA (v2.24) is an automated trading system for MetaTrader 5 that executes conservative random trades on a specified symbol (e.g., EURUSD), with features like basket management, hedging, and position control.
Trade signals based on "3 Black Crows/3 White Soldiers" 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 trading system based on the signals taken from the BrakeExp semaphore, signal, trend indicator
The Exp_SlopeDirectionLine EA is based on the signals of the SlopeDirectionLine trend indicator.
The Exp_MA_Rounding_Candle Expert Advisor is based on the MA_Rounding_Candle indicator candlestick color change.
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.
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.
Increasing a position volume. Entry signal by iDeMarker (DeMarker, DeM) indicator. Regular trailing and trailing by equity.
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.