Top Expert Advisors for MetaTrader 5 based on user ratings - 39
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Closing positions and removing pending orders when reaching a specified profit or loss.
A trading system based on the 2XMA_Ichimoku_Oscilator indicator signals.
The Exp_SimpleBars Expert Advisor is based on the signals of the trend indicator SimpleBars.
The RiskManagement library in MQL5 provides efficient and dynamic risk management, optimised to minimise resources. It allows setting maximum profit and loss limits with customisable modifiers. It includes OCO order control and tools for candlestick management and price conversions.
A Turtle-style breakout EA for gold. It buys when an H4 bar closes above the 20-bar high in an uptrend, with a 2 ATR stop and a 2R target. Backtested on XAUUSD from January 2020 to September 2026: +9,029.72 on 10,000 at 1% risk, profit factor 1.77, max drawdown 11.38%, 6 of 7 years profitable.
ZoneUS30 is a simple US30 Expert Advisor focused on SELL opportunities after upward price extensions. The strategy combines a mean-reversion concept with a carry-trade idea: when short positions receive positive overnight swap, the EA can benefit both from a price correction and from holding the position over time. Designed for US30 and intended for experimental and educational use. Counter-trend trading involves significant risk, especially with high lot sizes.
Trading strategy based on ASCTrend indicator as main signal, filtered by NRTR indicator and/or by TrendStrength indicator.
The EA uses three iMAs (Moving Average, MA), one iStochastic (Stochastic Oscillator) and one iRSI (RSI, Relative Strength Index). Positions are opened by market, as well as Buy Stop and Sell Stop pending orders are placed.
Two identical trading systems (for long and short positions) based on the signals of the ColorMETRO indicator, which can be configured in different ways within one Expert Advisor
The trading system based on XCCI_Histogram_Vol_Direct indicator signals
The Expert Advisor analyses four Moving Averages: open, high, low, close. On its basis it calculates GO value and opens position according to its value
An Expert Advisor based on two iMAs (Moving Average,MA) and one iRSI (Relative Strength Index, RSI). It tracks virtual profit. Works on two symbols.
The Expert Advisor searches for N identical candlesticks in a row. It buys on bullish candlesticks and sells on bearish ones.
A slightly modified EA from the standard delivery: MQL5\Experts\Examples\Moving Average\Moving Average
The trading system based on AbsolutelyNoLagLwma_Range_Channel indicator signals with the possibility to set a fixed position holding time.
A trading system based on the UltraMFI 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.
This code initializes the necessary objects and input parameters, and defines a CheckTrades() function that calculates the risk and profit amounts based on the account balance and user input. It then iterates through open orders and checks if the current profit or loss meets the user-defined thresholds, and closes the position if necessary
Converted Ronz AutoSLTP MT4 version into MT5 version. Original Link: https://www.mql5.com/en/code/11649 Original Descriptions: EA for Automatic Stop Loss, Take Profit, Profit Lock, and Trailing Stop (With Special Methods). SL and TP could be hidden.
The EA trades during two trading sessions, starting at the specified session beginning time. Stop Loss. Take Profit.
An Expert Advisor based on a random number generator. Trend is determined using the iMA (Moving Average, MA) indicator.