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Latest Code Publications in CodeBase

Most downloaded source codes this week

  • CryptoTrend CryptoTrend 1.00 Expert Advisor is an automated trading system designed for trading cryptocurrency (in particular, BTC). Main features: Bollinger indicator: Used to identify market extremes and generate buy and sell signals. Order Block filtering: Allows to find support and resistance levels, which helps to reduce the number of false signals. Self-learning: The entry threshold is adapted depending on the statistics of winning and losing trades, which allows the Expert Advisor to adapt to changing market conditions. Risk management: Calculates stop loss (SL) and take profit (TP) levels based on risk analysis and correlation
  • Moving Average x Relative Strength Indicator EA A Simple RSI and Moving Average-Based Expert Advisor for MQL5
  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.

New publications in CodeBase

  • Tuyul Uncensored try to imitate trading system using expert advisor
  • Trend Equilibrium Indicator TrendEQ Trend Equilibrium Indicator TrendEQ dynamically analyses market trends by combining momentum and volatility. By measuring momentum against market trends, TrendEQ provides a reliable measure of trend strength and direction.
  • Auto Tp Set Auto TP and SL: Automatically setting Take Profit (TP) and Stop Loss (SL) helps manage risk and lock in profits without manual intervention. This feature ensures each trade has predefined exit levels, reducing emotional decision-making and improving trading discipline. Ideal for both beginners and experienced traders, it provides consistency and protection in volatile markets.

New publications in CodeBase

  • Risk management and bot ict daily bias 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.
  • Advanced compound interest calculator for the trader A compound interest calculator for the trader. Calculates, based on your parameters, your risk of ruin, and the optimal risk per trade. Gives a forecast of your capital size in a year, month, and at the end of the term.

Most downloaded source codes this month

  • Symbol A library for working with traditional and custom symbols
  • Butterfly Strategy Expert Advisor with Multiple TimeFrames Butterfly Strategy Expert Advisor This Expert Advisor (EA) implements the Butterfly harmonic trading pattern across multiple timeframes (M2 to D1) for automated forex trading. It detects bullish and bearish Butterfly patterns using pivot points and executes trades with customizable risk management and multiple take-profit levels.
  • ZigZag Fibo Original ZigZag MT4 with added automatic fibonacci

Most downloaded source codes this week

  • EXSR EXSR.mq5: A counter‑trend MT5 EA that catches reversals by combining RSI(14) extremes with Bollinger Band breakouts and a reversal candlestick, placing one trade per symbol with fixed SL/TP.
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.
  • MACD coloured histogram The MACD Coloured Histogram is an enhanced version of the classic MACD (Moving Average Convergence Divergence) indicator, designed to provide a clearer and more intuitive visual analysis of market momentum. This indicator combines traditional MACD functionalities with a dynamic histogram that changes colour based on the relationship between the MACD Line and the Signal Line, allowing traders to quickly identify trends, reversal points and moments of indecision in the market.

New publications in CodeBase

  • CryptoTrend CryptoTrend 1.00 Expert Advisor is an automated trading system designed for trading cryptocurrency (in particular, BTC). Main features: Bollinger indicator: Used to identify market extremes and generate buy and sell signals. Order Block filtering: Allows to find support and resistance levels, which helps to reduce the number of false signals. Self-learning: The entry threshold is adapted depending on the statistics of winning and losing trades, which allows the Expert Advisor to adapt to changing market conditions. Risk management: Calculates stop loss (SL) and take profit (TP) levels based on risk analysis and correlation
  • Price Time Scale Custom time and price scale.
  • Moving Average x Relative Strength Indicator EA A Simple RSI and Moving Average-Based Expert Advisor for MQL5

New publications in CodeBase

  • Candle size The "Candle_size.mq5" indicator was developed to display the size of candles on the chart, providing a clear and detailed visual analysis of price movements. It calculates the difference between the high and low prices of each candle and displays the formatted value as text next to the corresponding candle. This feature is especially useful for traders who want to assess volatility or identify specific patterns of price behaviour.
  • MACD coloured histogram The MACD Coloured Histogram is an enhanced version of the classic MACD (Moving Average Convergence Divergence) indicator, designed to provide a clearer and more intuitive visual analysis of market momentum. This indicator combines traditional MACD functionalities with a dynamic histogram that changes colour based on the relationship between the MACD Line and the Signal Line, allowing traders to quickly identify trends, reversal points and moments of indecision in the market.

Most downloaded source codes this month

  • Indiana Jones Mean Reversion EA This is a simple mean reversion EA
  • AutoCloseOnProfitLoss Expert - Automatically Close All Positions on Profit/Loss The AutoCloseOnProfitLoss Expert Advisor (EA) is a powerful automation tool for MetaTrader 5, designed to close all open positions when predefined profit or loss targets are reached
  • Countdown 2.0 Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.

New publications in CodeBase

  • Candle Counter Candle counter is a powerful and versatile tool designed to help traders visualise and analyse the sequence of bars on their charts. This indicator automatically numbers each candle on the chart based on user-defined preferences, making it easy to follow specific candles, identify patterns and implement precise trading strategies.
  • Moving Average based on Heiken-Ashi This is a Moving Average indicator based on Heiken-Ashi candles instead of raw market price.
  • TradeReportExporter The TradeReportExporter script is designed to export the history of trades (trades) into a convenient CSV file. It automatically collects data on all trades for the last year for the instrument it is installed on. The file includes such data as date and time, transaction type (buy/sell), price, volume, commission and profit/loss. The result is saved in a file that can be opened in Excel or any other spreadsheet editor.

Most downloaded source codes this week

  • False Breakups The "False Breakouts.mq5" indicator is a tool for MetaTrader 5 that visually identifies and marks buy and sell points based on false breakouts of support and resistance. It uses buffers to display buy (blue) and sell (red) arrows, as well as lines for support (blue) and resistance (red), and additional arrows for market tops and bottoms. The indicator's main logic consists of detecting tops and bottoms based on the high and low prices of the candles, dynamically updating support and resistance levels. When the price breaks through support or resistance and then returns, the indicator generates buy or sell signals respectively. It is a useful tool for traders who operate strategies based on false breakouts.
  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
  • Double Moving Averages With Fibonacci This indicator combines two moving averages to generate buy/sell signals based on crossovers. It also plots Fibonacci retracement levels using recent swing highs and lows for support/resistance. Visual arrows mark trade signals, and optional alerts notify users in real-time. Works on all timeframes for flexible technical analysis.

New publications in CodeBase

  • EXSR EXSR.mq5: A counter‑trend MT5 EA that catches reversals by combining RSI(14) extremes with Bollinger Band breakouts and a reversal candlestick, placing one trade per symbol with fixed SL/TP.
  • GZIP - Decode Unpack GZIP archives from *.gz files or responses from sites compressed with this format.
There are more than 11,670 codes published in Codebase

New publications in CodeBase

  • Tuyul GAP Trading Gap Weekend, is it profitable?
  • Divergence Awesome Ocilator This MQL5 custom indicator detects divergences between price action and the Awesome Oscillator (AO), signalling potential market reversals or continuations. It plots buy/sell arrows on the chart, displays the AO as a histogram, and draws trendlines to highlight divergences.
  • Pending tread EA. Pending_tread EA This Expert Advisor automatically places a grid of pending orders above and below the current market price. It supports both buy and sell pending orders with user-configurable distance (in pips), lot size, and take profit levels. The EA maintains up to 10 pending orders per side, placing sell stop orders below the market and buy stop orders above, ideal for scalping strategies on any timeframe. Includes order management by MagicNumber to avoid conflicts with other EAs or manual trades.

Most downloaded source codes this month

  • Risk Management EA Based on ATR Volatility Professional Expert Advisor that automatically manages risk and calculates position size based on real market volatility (ATR). Intelligent capital protection system with dynamic stop loss mechanism, suitable for traders who want strict risk control.
  • Countdown 2.0 Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.
  • Fair Value Gaps Fair Value Gaps indicator or 'imbalance areas' where markets often move back to.

Most downloaded source codes this week

  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
  • Triangular Arbitrage This Expert Advisor (EA) implements a triangular arbitrage strategy between three currency pairs: EURUSD, USDJPY and EURJPY
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.

New publications in CodeBase

  • Partial close Sell Orders Partially close active sell orders
  • Partial Close Buy Orders Script for partially close active buy orders
  • Daily Trend Indicator that displays the day's trend at any chart time. You can customise the colours and position of the text on the screen.
  • Telegram To MT5 Copier TelegramToMT5 is a MetaTrader 5 Expert Advisor that bridges Telegram and MT5 by displaying messages from your Telegram channels, groups, and private chats directly on your trading charts. Simply create a Telegram bot, add it to your desired channels/groups, and let the EA show all messages as comments on your chart in real-time.

New publications in CodeBase

  • ATR Channels Indicator The indicator displaying multi level of ATR Channel.
  • AlphaTrend It is an indicator used to determine the trend, support and resistance level of the market. When volume data is available, it calculates using MFI, if not, it calculates using RSI. Momentum: RSI and MFI Volatility: ATR

New publications in CodeBase

  • False Breakups The "False Breakouts.mq5" indicator is a tool for MetaTrader 5 that visually identifies and marks buy and sell points based on false breakouts of support and resistance. It uses buffers to display buy (blue) and sell (red) arrows, as well as lines for support (blue) and resistance (red), and additional arrows for market tops and bottoms. The indicator's main logic consists of detecting tops and bottoms based on the high and low prices of the candles, dynamically updating support and resistance levels. When the price breaks through support or resistance and then returns, the indicator generates buy or sell signals respectively. It is a useful tool for traders who operate strategies based on false breakouts.
  • Baseline: iMA + ATR Bands Combines a Moving Average with ATR-based upper and lower bands to act as a trend filter and volatility channel.

Most downloaded source codes this month

  • Fair Value Gaps Fair Value Gaps indicator or 'imbalance areas' where markets often move back to.
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.
  • SignalAI - Indicator This Indicator shows Buy or Sell Signal

New publications in CodeBase

  • Show Positions on Custom Chart (or standard chart) for MT5 This indicator is a utility that shows labelled trade levels on any chart. If you want to replace your native trade levels on a native chart, then turn off "Show trade levels" in your F8 Chart Properties and attach this indicator. If you want to show trade levels on a Custom Chart (where native trade levels cannot be shown), then simply attach this indicator. BaseSymbol - specify the Symbol from which the trade level data will be pulled--handy for unique Custom Symbols. TextBarsBack - specify the number of bars back in history from the current bar where the level labels will be drawn. Note: Although magic number is referenced in the code, it is not presently included in the trade lines. If you're running multiple EA's on the same Symbol, you can edit the code to show magic numbers and then run multiple instances of the indicator on one chart. You can also edit the font sizes and text spacing in the object properties as needed for different display resolutions.
  • Indicator based on 2 MAs Good afternoon everyone) First time posting my code!!!
  • Double Moving Averages With Fibonacci This indicator combines two moving averages to generate buy/sell signals based on crossovers. It also plots Fibonacci retracement levels using recent swing highs and lows for support/resistance. Visual arrows mark trade signals, and optional alerts notify users in real-time. Works on all timeframes for flexible technical analysis.
  • SniperJaw EA SniperJaw EA is a one-trade-at-a-time robot that uses the Alligator indicator (Jaw, Teeth, Lips) to follow the trend. You can control the trade size with LotSize, choose to close trades on opposite signal with UseEntryToExit, or use TakeProfit and StopLoss in pips if set. Slippage is managed by Slippage, and trading can be turned on or off using TradeEnabled. Alligator settings like JawPeriod, JawShift, TeethPeriod, TeethShift, LipsPeriod, and LipsShift let you adjust how the indicator works.

Most downloaded source codes this week

  • Triangular Arbitrage This Expert Advisor (EA) implements a triangular arbitrage strategy between three currency pairs: EURUSD, USDJPY and EURJPY
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.
  • RSI Divergence This indicator takes RSI divergences and plots them in buffers to automate EAs

New publications in CodeBase

  • Divergence DeMarker This indicator picks up the divergence points of the DeMarker indicator
  • Change the colour of candles and wick Draw the wicks (thin lines): Draw a vertical line from the lowest price to the highest price of each candle (this is called a "wick")
  • 2 Moving Averages 2 Moving Averages is a custom MQL4 indicator that uses two moving averages (fast and slow) to identify potential trend changes and generate buy or sell signals based on crossover points. It enhances signal reliability by optionally integrating support and resistance levels, helping traders confirm entry and exit zones. This tool is suitable for trend-following strategies and works across multiple time frames.

New publications in CodeBase

  • Customised bmap chart This is a custom indicator for MetaTrader 5 whose sole purpose is to display a BMP image on the chart, centred on the screen
  • Triangular Arbitrage This Expert Advisor (EA) implements a triangular arbitrage strategy between three currency pairs: EURUSD, USDJPY and EURJPY
There are more than 11,650 codes published in Codebase

Most downloaded source codes this month

  • ICT_conceptsEA by Emil Takes trades based on ICT silverbullet and 2022 model with trailing stops and partials, also keeps entry according to OTE, and risk minimal. It works in a small time window of silver bullet especially NY session, and if no trade found, 2022 model and fibonacci OTE jumps in to get a trade. But entry is so only after confirmation with these models being there, hence trades will be less for minimal drawdown and high winrate. To know more about these strategies, you may visit Inner Circle Trader YouTube channel.
  • Countdown 2.0 Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.

New publications in CodeBase

New publications in CodeBase

  • Trendline zigzag in qualitative channel A dynamic trendline-based evolution of the Donchian Channel
  • Equity and Balance Indicator - History based This indicator reads the trade history and plots the Cumulative P & L over time, helping visual traders to see how much money they are making or losing over time. This current version has a difference of 0.02% marginal error, due to rounding floats, and calculation methods. It can be considered extremely precise with this marginal error.

Most downloaded source codes this week

  • Symbol A library for working with traditional and custom symbols
  • Butterfly Strategy Expert Advisor with Multiple TimeFrames Butterfly Strategy Expert Advisor This Expert Advisor (EA) implements the Butterfly harmonic trading pattern across multiple timeframes (M2 to D1) for automated forex trading. It detects bullish and bearish Butterfly patterns using pivot points and executes trades with customizable risk management and multiple take-profit levels.
  • ZigZag Fibo Original ZigZag MT4 with added automatic fibonacci

New publications in CodeBase

  • Function for checking whether the market is open for trading at the moment by the current symbol The function can be useful to not overload the server with trade requests at times when the market is closed for trading
  • Candle Filter The Candle Filter indicator is a customisable tool designed to filter and highlight candles on the chart based on specific criteria. It allows the trader to visualise only the candles of interest, such as bullish candles, bearish candles, Doji candles or all candles simultaneously. In addition, the indicator offers full control over the colours of the candles and the chart background, providing a clear and adaptable visual experience.
  • Basket Manager EA This EA is meant to impose a few rules to manage baskets.

New publications in CodeBase

  • RSI Divergence This indicator takes RSI divergences and plots them in buffers to automate EAs
  • Auto SL TP by Risk Reward Ratio A professional script that automatically sets Stop Loss and Take Profit for all open positions based on a customizable Risk:Reward ratio. Perfect for traders who want to maintain consistent risk management across their trades.

Most downloaded source codes this month

  • Indiana Jones Mean Reversion EA This is a simple mean reversion EA
  • ICT_conceptsEA by Emil Takes trades based on ICT silverbullet and 2022 model with trailing stops and partials, also keeps entry according to OTE, and risk minimal. It works in a small time window of silver bullet especially NY session, and if no trade found, 2022 model and fibonacci OTE jumps in to get a trade. But entry is so only after confirmation with these models being there, hence trades will be less for minimal drawdown and high winrate. To know more about these strategies, you may visit Inner Circle Trader YouTube channel.
  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.

New publications in CodeBase

New publications in CodeBase

  • EquiPeak Drawdown Tracker EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It is not just an alerter of current drawdown; it is especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.
  • MA2CCI Sample Trading Sistem for cross 2MA & CCI

Most downloaded source codes this week

  • Indiana Jones Mean Reversion EA This is a simple mean reversion EA
  • AutoCloseOnProfitLoss Expert - Automatically Close All Positions on Profit/Loss The AutoCloseOnProfitLoss Expert Advisor (EA) is a powerful automation tool for MetaTrader 5, designed to close all open positions when predefined profit or loss targets are reached
  • Countdown 2.0 Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.

New publications in CodeBase

  • DailyHighLow Indicator for MQL5 The DailyHighLow indicator is a versatile tool designed for MetaTrader 5 (MQL5) to display high and low price levels on a chart based on a specified timeframe. This indicator is particularly useful for traders who rely on key price levels for decision-making, offering flexibility through customizable timeframes and price calculation methods.
  • Bands R-squared Simple Expert Advisor with custom R-squared optimisation function

New publications in CodeBase

  • AutoCloseOnProfitLoss Expert - Automatically Close All Positions on Profit/Loss The AutoCloseOnProfitLoss Expert Advisor (EA) is a powerful automation tool for MetaTrader 5, designed to close all open positions when predefined profit or loss targets are reached
  • Swaps Monitor for a Single Symbol A simple utility for monitoring long and short swaps of a single symbol. If your broker-dealer's swaps are specified in points instead of account currency, this utility automatically converts points into account currency. Swaps are tripled on Wednesday. Horizontal and vertical alignment can be adjusted in the inputs.

Most downloaded source codes this month

  • Angle and Speed The indicator shows the angle or average speed of price change.
  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
  • Uniformity Factor Indicator This is a simple analytical (non-signal, one-time calculated) indicator that allows you to test the hypothesis that price timeseries represent a "random walk", specifically Gaussian "random walk". This can help to construct a parametric transformation of price increments into evenly distributed, more stable and predictable time series, at least in terms of volatility.

New publications in CodeBase

  • Function for converting the number of seconds to years, months, days, hours, minutes, seconds It is taken into account that there are 30 days in a month, 365 days in a year The script demonstrates the counter of time until the beginning of the new year
  • ADX Indicator (MQL5) The ADX (Average Directional Index) Smoothed indicator enhances the standard ADX by applying dual exponential smoothing filters to reduce noise and provide clearer trend signals. It plots three lines: smoothed +DI (blue), -DI (red), and the main ADX line (green). This refined version helps traders identify trend strength and potential direction changes with reduced false signals. The indicator excels at confirming established trends and warning of weakening momentum before actual price reversals occur, making it valuable for both trend following strategies and determining optimal entry/exit points.
  • RSI Ea MT5 Rsi Ea using RSI signals with ATR volatility-based stops, automatic position sizing, scale-out feature, and trading session filter
There are more than 11,630 codes published in Codebase

Most downloaded source codes this week

  • Risk Management EA Based on ATR Volatility Professional Expert Advisor that automatically manages risk and calculates position size based on real market volatility (ATR). Intelligent capital protection system with dynamic stop loss mechanism, suitable for traders who want strict risk control.
  • Countdown 2.0 Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.
  • Fair Value Gaps Fair Value Gaps indicator or 'imbalance areas' where markets often move back to.

New publications in CodeBase

New publications in CodeBase

New publications in CodeBase

  • Multi-Day Dynamic VWAP Dynamic VWAP level which can be averaged over multiple days
  • Creating a Simple News Filter for XAUUSD Trading on MT5 Trading XAUUSD (Gold) is often influenced by major economic news events like USD, GBP, or EUR releases. To mitigate risks during these volatile periods, using a News Filter in your Expert Advisor (EA) is essential. In this article, I’ll share how to create a simple News Filter on MT5 and apply it to XAUUSD trading.

Most downloaded source codes this month

  • Candlestick Analysis EA R1 This MT5 Expert Advisor combines multi-timeframe candlestick pattern analysis with fundamental event filtering to execute trades with disciplined risk management.
  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
  • PSAR Zigzag (Non lagging) A zigzag based on the trend change of the parabolic sar

Most downloaded source codes this week

  • Fair Value Gaps Fair Value Gaps indicator or 'imbalance areas' where markets often move back to.
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.
  • SignalAI - Indicator This Indicator shows Buy or Sell Signal

New publications in CodeBase

  • Risk Management EA Based on ATR Volatility Professional Expert Advisor that automatically manages risk and calculates position size based on real market volatility (ATR). Intelligent capital protection system with dynamic stop loss mechanism, suitable for traders who want strict risk control.
  • Stoch Cross EA – Buy Below 20, Sell Above 80 (H1) A simple and effective Expert Advisor based on Stochastic Oscillator reversal signals on the H1 timeframe. Buy signals are triggered when %K crosses above %D below the 20 level. Sell signals are triggered when %K crosses below %D above the 80 level. Risk is calculated based on the account balance, with the lot size set to 0.1 (adjustable as needed). Take Profit (TP) is set to 300 points for all positions. Stop Loss (SL) is dynamically calculated based on the opposite crossover signal. The position is closed when a crossover in the opposite direction occurs, as well as when TP or SL is reached

Most downloaded source codes this month

  • Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
  • FVG based Momentum Detection This is an indicator that evaluates FVGs in the inputted "window_size" to detect momentum or trend strength.
  • MeanReversionTrendEA The EA automatically trades based on trend and mean reversion signals with validated parameters.

New publications in CodeBase

New publications in CodeBase

  • SignalAI - Indicator This Indicator shows Buy or Sell Signal
  • Custom MA Cross with RSI Indicator for MT5 The Custom MA Cross with RSI Indicator for MT5 is a versatile trading tool designed to help traders identify trend changes and filter entries using momentum. This indicator combines two moving averages (MA) with the Relative Strength Index (RSI), offering clear buy and sell signals.
  • EA Stochastic Bollinger Bands Multi - Timeframe This MQL4 code implements an Expert Advisor (EA) that trades based on the Stochastic Oscillator and Bollinger Bands indicators across multiple timeframes (M1, M5, and M15).

Most downloaded source codes this week

  • ICT_conceptsEA by Emil Takes trades based on ICT silverbullet and 2022 model with trailing stops and partials, also keeps entry according to OTE, and risk minimal. It works in a small time window of silver bullet especially NY session, and if no trade found, 2022 model and fibonacci OTE jumps in to get a trade. But entry is so only after confirmation with these models being there, hence trades will be less for minimal drawdown and high winrate. To know more about these strategies, you may visit Inner Circle Trader YouTube channel.
  • Countdown 2.0 Countdown is an advanced indicator designed for traders who want to track the time remaining until the next candlestick or the next market open clearly and efficiently. With three flexible display modes (commentary, chart borders or next to price), this indicator offers a customisable solution to suit your trading needs.
  • RRS Impulse This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features, including Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.
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