MQL5 Source Codes of Expert Advisors for MetaTrader 5 - 2

Trend-following Expert Advisor for MetaTrader 5 combining Supertrend direction with ADX and DI confirmation. Uses an ATR-based stop loss and risks up to 0.5% of equity per trade.

Account-level guard for prop firm accounts. Watches every position on the account, closes everything at the daily or maximum loss limit, caps the money at risk per position, closes trades left without a stop and can flatten around high impact news.

Draggable on-chart manual trading panel with multi-timeframe bias, ATR SL/TP hints, a trailing stop and one-click BUY/SELL/CLOSE ALL.

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.

Posts your MT5 opens and closes to a Telegram chat: side, symbol, entry, stop and target in pips, lots, and on close the result, pips, R-multiple and time held. Retry queue, restart-safe, never trades. Free Telegram and Discord trade notifier for MT5

A small demo Expert Advisor: EMA fast/slow cross entries (evaluated on closed bars only, no repainting), ATR-based stop-loss and take-profit, spread filter, and position handling that works on both hedging and netting accounts. Includes a Python reference implementation for parity testing. This is a deliverable example, not a trading recommendation - the attached equity curve is from synthetic data and shows the method, not an edge.

Panel that samples the spread once per second and shows it in points and in the symbol's natural unit (pips on FX, index points on index CFDs), with rolling min/avg/median/max, a session statistic since server midnight, the spread as percent of ATR, a hold-time alert and an optional CSV log. It never sends an order.

An intraday Smart Money Concepts EA for gold. It waits for price to sweep a recent swing high or low, confirms the reversal with a close through the sweep candle's body, and trades only with the H1 trend. Backtested on XAUUSD M15 over 2025 and 2026 at 1% risk per trade.

Protect Your Funded Account with Institutional-Grade Risk Monitoring. The #1 reason traders fail prop firm challenges is not a bad strategy; it is breaching daily drawdown limits. The AlphaQuant Prop Firm Daily Drawdown Dashboard is a free, high-visibility Expert Advisor

Educational MT5 hedging-account trade panel with risk sizing, spread protection, a persistent daily-loss lock, break-even and trailing stops.

TREND Follower (Daily) is a lightweight, development-oriented Expert Advisor (EA) created as a base trading architecture for research, learning, experimentation, and further development. The EA is intentionally designed around a simple concept: follow the market direction using the relationship between price and the Parabolic SAR. It is not presented as a fully optimized or finished trading system. Instead, it provides a clean and accessible foundation that developers can study, modify, test, and expand.

Account-wide MT5 risk protection EA for prop-firm and personal accounts. Monitors daily and overall drawdown, position losses, safety buffers, and automatically protects the account when configured limits are reached.

Educational MT5 EA: closed-bar EMA crossover entries, ATR-based stop loss and take profit, lot size from a fixed percent of equity via OrderCalcProfit, spread filter, magic-number isolation and server return-code checks. A clean template for building risk-controlled EAs. No profit claim.

Professional Utility EA for prop firm risk management. It features daily equity monitoring, phased mitigation of losing positions, and absolute hard stops via a self-healing graphical dashboard.

Works out the lot from your risk percent and the stop distance, then opens the trade with the stop loss and take profit already attached. Never trades by itself.

Classifies the market with ADX, the Hurst exponent and lag-1 autocorrelation, routes each bar to a breakout module or a mean-reversion module, and keeps a separate win rate ledger for each regime with a Wilson 95% lower bound, so you can see which half of it is actually working.

Closes losing positions early, before the full stop-loss, when a rule says the trade is not coming back: adverse move beyond N x ATR, too long in loss, EMA trend flipped, RSI against the position, or a money cap. Never touches a position in profit. Observe-only mode journals what would be closed without closing anything. Every exit is written to CSV with the rule, the age and the maximum adverse excursion, so the rules can be tuned from data.

Enforces your own risk rules on every position, whether opened by hand or by another EA: shows the lot size that matches your risk, locks the account for the day after a set loss, caps open positions, trims positions that risk more than allowed, and adds a stop-loss to any position opened without one.

Strict risk management utility for prop-firm challenges. Automatically monitors your entire account to prevent daily and max drawdown failures. It acts as a safety buffer against spread spikes and revenge trading by instantly closing all positions and pending orders before your evaluation is terminated.

GDS Renko Bollinger 4-Mode Demo EA is a free educational Expert Advisor for MetaTrader 5. It demonstrates four different ways to combine classic fixed-size Renko bricks with Bollinger Bands inside one standalone EA. The EA builds four independent internal Renko streams from incoming BID ticks. Each mode has its own Renko brick size and its own Bollinger settings. Signals are generated only when a Renko brick is fully completed. Bollinger Bands are calculated causally from previous completed Renko closes, so the current brick is excluded until after its signal check.

A small educational Expert Advisor showing how Wilder's ADX and Directional Movement can be calculated directly from completed classic Renko bricks. The EA builds fixed-size Renko internally from BID ticks. No offline charts, custom symbols, DLLs or external indicators are required. +DI, -DI and ADX are updated only after a Renko brick has been completed.

GDS Renko Dual MA Demo EA is a small educational Expert Advisor for MetaTrader 5. It shows one simple way to combine classic fixed-size Renko bricks with two simple moving averages calculated directly from completed Renko closes.

Tick-driven scalper that only trades genuine statistical outlier price moves, sized and protected to survive real broker execution delay. Backtest results included below.

AurumNeuro Vanguard is an intelligent Expert Advisor (EA) specifically designed for XAUUSD / Gold trading, combining a hybrid Neural Risk Architecture with the Unified Market Dynamics Engine (UMDE).

This educational Expert Advisor demonstrates one simple way to trade momentum on Renko bricks in MetaTrader 5. Momentum is the difference between the latest completed Renko close and the close N bricks earlier, divided by the brick size. A crossing above the positive threshold produces a BUY signal; a crossing below the negative threshold produces a SELL signal. Staying beyond a threshold does not generate repeated signals. The EA builds classic fixed-size Renko internally from Bid ticks, with a two-brick reversal. Orders use the available market Bid/Ask rather than synthetic brick prices. If several bricks form on one tick, only a crossing on the final brick can trigger entry. There is one position at a time, with virtual take profit, virtual stop loss, a maximum holding time, a cooldown and a spread filter. No external indicator, DLL, custom symbol or offline chart is required.

PulseStrike Scalper - Statistical Burst Detection EA

GDS Renko Replay Trainer is a free educational tool for practising manual decisions on historical Renko charts in MetaTrader 5. Load a historical interval, replay it forward and place virtual BUY or SELL trades. You can pause, advance one tick or move to the next completed Renko brick. Each virtual position has a stop loss and take profit, and the trainer records the results of your session. The tool builds fixed-size Renko bricks from historical Bid/Ask ticks, with a classic two-brick reversal. Future ticks are not used to draw the visible chart or execute virtual trades. Buy trades use Ask for entry and Bid for exit; sell trades use the opposite sides. Orders entered on the panel wait for the next replayed valid tick. Stops and targets are checked on every tick, including price gaps.

A liquidity-sweep / order-block scalper with ATR-based sizing and a higher-timeframe trend filter. Every trade is tagged on the chart with the live historical win rate of that setup type — a running scorecard, not just boxes.

Drag your stop loss where you actually want it, hit Buy or Sell, and the lot size is already correct — no calculator, no spreadsheet. Handles break-even, trailing, and shuts trading down for the day if you hit your loss limit.

This MT5 EA is a diagnostic tool that does not execute trades, but collects and displays technical specifications relating to the broker and the trading environment. The code is structured into four main blocks: Data Collection (CollectAll): Retrieves information on the account (leverage, currency), the symbol (digits, spread, swap, volumes, stop levels), latency (ping) and time zone (Server-UTC difference). Calculates the swap in real currency. Sampling (OnTick): Updates spread statistics (minimum, average, maximum) in real time. Output: Prints the data to the ‘Experts’ log, saves it to a CSV file and displays it on a graphical panel on the chart (UpdatePanel). Helper: Functions such as CalcSwapInCurrency and various *ToStr functions convert the broker’s raw numerical data into readable strings.

Gold has a daily maintenance break on the CME. The first hour after it rises more than chance explains, in every calendar year of an 11-year sample - while every other hour of the day measures flat. One trade per session, a volatility-scaled server-side stop, no averaging or grid. Then my cost model turned out to be wrong. A real-tick backtest showed the true round-trip cost at the reopen is about 60 points, not the 19 my research had charged - the M1 bar spread field is a per-bar summary and understates it roughly threefold. Re-running 11 years at the corrected cost: +3.34 bps, t 7.40, 59.3% wins -> +1.60 bps, t 3.42, 50.8% wins The edge survives, at less than half its original strength. That second number is the real one. What it is not: about +3.3% a year with 4.6% drawdown, roughly one year in nine negative. At 0.01 lots that is ~130 a year - a figure that measures the position size, not the strategy.

A small educational Expert Advisor showing how a classic Donchian breakout can be applied directly to completed Renko bricks.

Cost is the one input to a trading system that is knowable exactly, and it is almost always estimated wrongly - always in the direction that flatters the strategy. This EA measures what one round trip really costs on YOUR broker: the live spread sampled from ticks, the swap for both sides including the triple-charge day, and the commission read from your own deals. Most spread figures come from the bar's "spread" field, because that is the easy one to reach. It is a per-bar summary, not the quote at any instant. Measured on XAUUSD: 20 points live across 60 readings against a bar-field median of 6. A factor of 3.3. So a filter set to "skip if spread > 15" never fires - it lets through exactly the moments it exists to block. Swap is the half most custom simulators do not charge at all. It is asymmetric, one side pays while the other collects, and one weekday counts three times. Read-only: it never opens, closes or modifies a position.

An Expert Advisor that trades the SuperTrend TV indicator through iCustom on closed bars only, shipped with the audit that proves every trade matches a signal and no signal was missed

Everyone running a grid asks: is my account big enough? The usual answer - the loss at the last grid level - is the wrong number. What ends the account is the margin level reaching the broker's stop-out, while the chain is still open and still looks recoverable. This EA computes the real figure, then counts how often a move that large has already happened on the symbol's own M1 history. Three mistakes it fixes, all erring in the reassuring direction: a chain of N legs floats at step x N(N-1)/2, not step x N (at 10 legs, 45 steps of loss, not 10); open positions also lock up margin while they float; and stop-out is a percentage, not zero - at 50%, losing half the equity is enough. "You need 86 dollars of room" is an abstraction. "A move that size happened 71 times in 100 days, one every 1.4" is a decision. Set InpEquity to a size you do not have yet to see what the configuration would really need. Strictly read-only: it never opens, closes or modifies a position.

A safety EA that watches every open position on the chart symbol: it reports any position left without a stop loss, optionally attaches an ATR-based stop, and enforces a daily and a total drawdown limit that re-arms after a cooldown.

This Expert Advisor is that missing bridge. Attach it to any chart and it periodically writes the calendar to a CSV file in `MQL5\Files`, where anything outside the terminal can read it.

Exporting your deal history is easy and a dozen scripts already do it..

Records the maximum favourable and adverse excursion of every position in R multiples and writes one CSV row per closed trade.

Session-range breakout EA with ATR filtering, stop-distance sizing, optional break-even/partial close, and a shared chart desk. Hedging accounts; educational source with documented execution and coordination limits.