Top MQL4 and MQL5 source codes based on user ratings - 2

A lightweight tool for manual scalping in MT5 using keyboard shortcuts

With these classes you can create and test your signals runtime.

Stochastic beginner tutorial to learn how to code in MQL5

A Marubozo is a long-bodied candlestick with no shadow, from the Japanese word meaning "close-cropped". Candlestick charts look at the opening and closing price on a single day and are used by technical traders.

Hidden Engulfing Candlestick Pattern

High and Low Line Indicator

Pinbar Detector is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection. The indicator is available both for MT4 and MT5 versions of the trading platform.

Zig Zag indicator that relies only on a minimum % of retracement to each previous wave , and optionally , being bigger than a specific size measured in atr units.

Part 3 "Object Oriented Programming in MQL5" offers an immersion into the world of object-oriented programming (OOP) in the MQL5 language. Software development often involves the complexity related to the management of multiple entities, requiring advanced technology to improve programming convenience, productivity, and quality.

ATR - Average True Range - beginner tutorial to learn how to code in MQL5

This indicator uses two moving averages to calculate the market trend and changes color depending on the trend direction.

This indicator calculates the range difference between the 'MACD and Signal lines' and also the range distance between 'the last two MACD bar'.

This is an indicator to calculate 14 types of moving averages based on close price.

Historical Strong S/Rs Levels

It will detect whether there's confluence between the current chart timeframe and two other timeframes.

Population-based optimisation algorithms are collected here. The archive contains all necessary files to run the algorithms on test functions.

This is an update of the "Simple Yet Effective Breakout Strategy". In this code, I have added some helper functions for prop firm challenges.

This EA is a demonstration of how you can implement your own Hedging strategy with the help of the include file.

MovingAverages.mqh Part II A multi timeframe version is available with colors for orientation, for developers or profitable traders for free. Offer under conditions. Other multi timeframe indicators are also available.

Linear Regression Slope

Bollinger Bands with controllable outer band smoothing (pre smoothing)

Engulfing Bar Occurs below Ema moving Average that is rising - Buy Trade -

Synchronized custom crosshair indicator showing price and (server/local) time.

Time-related functions for empirical detection of server time zone and daylight savings mode (DST) from history of quotes

A new interface library has been developed to simplify the process of converting MT4 indicators and Expert Advisors (EAs) to MT5. This library supports most of the MetaTrader 4 functions, offering developers a unified solution for cross-platform compatibility.

An advancement of the MetaQuotes zigzag with an oscillator mode, current bar leg tracking, fib levels, and dynamic scaling

Unfortunately I had to realise that some brokers are a bit careless with the server time changeover, which I had not expected and which surprised me a lot. Here is a script with which everyone can check their broker.

Laguerre MetaTrader indicator — a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for simple entry and exit signals. The indicator is available for both MT4 and MT5.

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.

This Expert Advisor (EA) implements a triangular arbitrage strategy between three currency pairs: EURUSD, USDJPY and EURJPY

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")

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.

Tarantella EA: Advanced grid trading system with hedging capabilities and Market Profile integration. Uses ADX trend filtering, Fibonacci-based grid spacing, and multi-layered entry conditions (RSI/ATR/volume) to execute trades only within Market Profile value areas. Features intelligent risk management including trailing stops, breakeven triggers, and partial hedge closing.

Alerts on trendline break

Copy and paste selected graphical objects between charts via Windows clipboard as text. Use Ctrl+Q on a source chart, then Ctrl+J on a target chart.

This service periodically checks swaps for predefined symbols and saves detected changes into CSV-files for further analysis and potential replay (not implemented here). Also it monitors and alerts swap changes of existing positions.

Time to candle Close. Dynamic text colours. Optimised for back-testing.

Modified standard ZigZag indicator with the addition of information about wavelength in pips, levels and different alerts logic

Alligator beginner tutorial to learn how to code in MQL5

This is an indicator with a rainbow-like display, both for trend or pullback prediction.