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MQL5 Source Codes of Expert Advisors for MetaTrader 5 - 21
Expert Advisors analyze price charts and trade automatically following underlying rules. Here you can find MQL5 source codes solving a variety of problems. You are able to select both simple Expert Advisors based on moving average crossing and complex ones involving complicated signal generation algorithms and protection against trading mistakes.
You can download and launch offered Expert Advisors in MetaTrader 5. It is recommended that you test and optimize trading robots in the Strategy Tester before using them. The library of Expert Advisors is also available directly from MetaTrader 5 platform and MetaEditor development environment.
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The Exp_IBS_RSI_CCI_v4_X2 trend-following trading system is based on the signals of two IBS_RSI_CCI_v4 indicators.
The Exp_XOSignal_ReOpen trading system based on the signals of the XOSignal indicator with trend following scaling
The Exp_CGOscillator_X2 trend trading system based on the signals from two CGOscillator indicators.
The Exp_ttm-trend_ReOpen trading system based on the signals of the ttm-trend indicator with trend following scaling.
Crossing of the two iMAs. Lot calculation based on the risk value as a percentage of margin.
The Exp_ChandelExitSign_ReOpen trading system based on the signals of the ChandelExitSign indicator with trend following scaling.
The Expert Advisor opens a deal in the breakout direction. Lot calculation depending on risk percent of margin.
The Expert Advisor increases the lot size after each of profitable deal, if it was preceded by losing trades. Martingale.
Example of Buy Limit & Sell Limit pending orders with Bollinger Bands.
The Expert Advisor solves the problem of position trailing along a given curve by moving its Stop Loss and Take Profit.
The trading system is based on direction changes of the wighted oscillator WeightOscillator
An example of receiving the High and Low prices of bars over the past 24 hours.
The strategy uses two indicators Moving Average, MA with different periods, Commodity Channel Index, CCI and Williams’ Percent Range, %R.
The strategy is based on two indicators: ADX and MA, and the close of the first bar. Also, different TakeProfit, StopLoss and Trailing levels are used for Buy and Sell.
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.
The Expert Advisor idea is based on the constant change of trade direction depending on the TakeProfit, StopLoss and TrailingStop levels.
The "MQL5 Wizard MA RSI" Expert Advisor has been generated using the MQL5 Wizard based on the signals of the trend MA (Moving Average) indicator and of the RSI (Relative Strength Index) oscillator.
The Expert Advisor is based on the following indicators: RSI, WPR, Stochastic, Moving Average, deMarker
Opens a SELL position on each bar, if Close of the 1st bar > Close of the 3rd bar. Opens a BUY position on each bar, if Close of the 3rd bar > Close of the 1st bar.
The Expert Advisor trades by two iMA (Moving Average, MA) indicators. Trailing Stop. TrailingStop
The Expert Advisor uses the following indicators: Ichimoku, MA, SAR. Optimized for currency pairs: GBPUSD and EURUSD with the M30 timeframe. The full description is available in the code.
The Exp_TDI-2_ReOpen trading system based on the intersection of TDI-2 indicator lines, with adding to trend-following positions.
SilverTrend v3 - trading based on the analysis of the High, Low and Close prices of bars.
The New Martin Expert Advisor opens two opposite positions upon start. OnTradeTransaction handling. When Take Profit triggers, it opens a position (one position) in the same direction. The intersection of two MA indicators is a signal to open a position of a larger lot.
The simplest EA based on the Fractal_WeightOscillator weighted oscillator.
The MARE5.1 Expert Advisor is very easy to use. It uses the values of two Moving Averages (SMA) at the close of 0th, 2nd and 5th bar. The EA is configured to work on the M1 timeframe.