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How to Write an Expert Advisor or an Indicator

MQL5 Source Code Library for MetaTrader 5 - 66

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This is the largest free source code library for MetaTrader 5 platform programs. Here you can find ready-made Expert Advisors, technical indicators, scripts and libraries. Use the code library when learning MQL5 language and develop your own automated trading applications based on the provided codes.

You can freely download and test published codes, as well as launch them in MetaTrader 5. The library is also available directly from MetaTrader 5 platform and MetaEditor development environment.

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Dots

A signal indicator based on the Moving Average

Bollinger Bands N positions v2

Signals are generated by the iBands, Bollinger Bands indicator. When a signal is received, opposite positions are closed.

ChannelEA1

ChannelEA1 - an Expert Advisor working in a channel, using pending limit orders

Breakout

An indicator of levels

Lyapunov_HP

The oscillator indicator based on Lyapunov stability theory, with the Hodrick-Prescott filter

SWMA

Sine-Weighted Moving Average

Mirror_Bands

An indicator of bands with a signal line

Magic_Trend

A trend indicator 'Magic Trend'

LWTI

Larry Large Trade Index

LWPI

Larry Commerical Proxy Index

EVWMA

Elastic Volume Weighted MA

Drive

The indicator of candlestick direction ratio

DMA

Dynamic Moving Average

Candle_Ratio

The ratio of bullish to bearish candlesticks over the selected period

Bogie

An oscillator indicator of probable reversals

BO

The Blast Off oscillator indicator

WVF

Williams' Vix Fix indicator

VA

The Velocity/Acceleration indicator.

Unsmoothed_RSI

The unsmoothed RSI indicator.

Trend_Percentage

Trend_Percentage - the ratio of bulls and bears.

TDI

The Trend Detection Index.

POB

Point of Balance (POB).

DSP

Detrended Synthetic Price (DSP) Oscillator

Customizable_Awesome_Oscillator

The Awesome Oscillator (AO) indicator with configurable parameters.

APR

Average Period Range - an indicator of the average daily range.

HLBands

An indicator of daily levels.

EA Stop Order

The Expert Advisor places a grid of pending Buy Stop and Sell Stop orders.

Highest Lowest

The Highest Lowest indicator searches for bars having High above the High of bars on the left and on the right, as well as bars having Low below the Low of bars on the left and on the right. Uses the DRAW_ARROW style.

JP Oscillator

A trend oscillator.

UI

Ulcer Index (UI) - the volatility decrease index.

TTMS

John Carter TTM Squeeze - an indicator of trend zones.

TOSC

A Trend Oscillator.

RTL

Trend indicator Recursive Trendline (RTL).

PVT

Price Volume Trend (PVT) is an indicator of price trend and volume, similar to the standard On Balance Volume (OBV) indicator.

Period_Open_Line

The indicator shows the open price of a period.

MA_Difference

An oscillator indicator showing a difference between MA and the price.

Cumulative_Volume

A volume indicator with different types of data representation.

SHL_MA_Band

A trend indicator: Smoothed High/Low Linear regression band.

HL_MA_Band

A trend indicator: High/Low Linear regression band.

LR_MACD

MACD based on the Linear regression MA.

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