Free EAs, Indicators & Strategies – MT4 / MT5 / TV + Coding Help

Welcome everyone!
In this thread I'll share the strategies, Expert Advisors and indicators I develop, all 100% free. No paid products, no signals and no hidden links.
What you'll find here:

1. EAs for MT4 and MT5, with the settings I use and my backtest results
2. Custom indicators for MT4/MT5 and TradingView (Pine Script)
3. Trading strategies: the idea behind them, the rules, and how I test them
4. Updates and bugfixes whenever I improve something

Coding help:
Do you have a strategy idea, an indicator you want converted (e.g. MT4 → MT5, or TradingView → MT5), or code that won't compile? Post it here and I'll try to help. Please include:

1. Platform (MT4 / MT5 / TradingView)
2. A clear description of the entry and exit rules
3. Screenshots or existing code if you have them

I can't promise to build everything, but I'll help where I can.
Please note:

1. Always test on a demo account first. Past backtest results don't guarantee future profits.
2. Everything is shared as-is, for learning and testing. You trade at your own risk.
3. Feedback, test results and improvement ideas are very welcome. That's how we all get better.

Let's build some good tools together!

https://forex.com.bd/attachm...6?d=1790595890

REQUEST: https://forex.com.bd/thread/...6#post15931316

TL HA Wickless Pro (MT5, free, no lock, no expiry)
What it does, exactly by your rules

 

1. Heiken Ashi on closed M5 candles
2. BUY: first bullish HA candle without a lower wick, price above EMA 200. SELL: first bearish HA candle without an upper wick, price below EMA 200
3. SL 2 pips below the previous swing low / above the previous swing high
4. TP: the trade is closed at the end of the 3rd consecutive HA candle. If an HA candle closes in the opposite colour before that, it closes there (can be switched off)
5. Risk 0.50 % per trade, no BE, no partials, no trailing, all hours
6. News filter: no new trade 5 min before and after red folder news. It reads the Forex Factory calendar directly. Add https://nfs.faireconomy.media under Tools > Options > Expert Advisors > Allow WebRequest. Without it, the EA uses the MT5 calendar
7. One trade at a time per pair. Open one M5 chart per pair to trade several pairs
8. HA candles on the chart (wickless ones highlighted), EMA 200, arrows and the past trades drawn so you can check every one by eye
9. Panel with candle counter (1 of 3), next red folder news with countdown, results, pause / close all buttons

Update :
Timeframe: input "Trading timeframe" - choose anything from M1 to D1, or "current" to use the chart timeframe. Default stays M5. Put the chart on the same timeframe to see the HA candles and arrows the EA uses.
Take profit - two separate switches:

 

1. TP 1: close after X consecutive HA candles (on / off, X = 3 by default)
2. TP 2: close when an HA candle closes in the opposite colour (on / off)

Both on (default) = close after 3 candles or earlier on a colour change. Only TP 1 = always hold X candles. Only TP 2 = hold until the HA colour changes. Both off = only the stop loss closes the trade.

Tell me Broker and Symbols then i will do

Thanks! For MGCZ26 I need your broker name and a screenshot of the symbol specification (Market Watch > right-click MGCZ26 > Specification: tick size, tick value, min. volume, and whether your account is netting or hedging). Then I'll adapt the EA for futures (whole contracts, correct pip size for micro gold, contract rollover note).

Hi Master.

I'm searching something for news trading. Marked on chart past news with forecast and real result, selectable country, and high/medium/low impact news and then selectable like cpi y/y, cash rate and so on. Selectable how long in the past and marked future events for a couple of days.

merci from Switzerland

TL Entropy Heatmap Pro – free MT5 indicator (volume heatmap + POC zones)
Hi everyone,
here is a new free indicator for MT5. It is a port of LuxAlgo's "Precision Market Entropy Heatmap" from TradingView, including the popular tweak where the old POCs become zones with a day counter and volume info.
What it shows
- Volume heatmap – one block per session (default: daily). Each session is split into 50 price rows and filled with M1 intrabar volume. Dark = little trading, green = average, yellow = heavy participation.
- POC zones – the row with the most volume of each past session is extended to the current bar as a zone with a dotted center line.
Green = the POC is below price (possible support)
Red = the POC is above price (possible resistance)
The color flips live when price crosses the zone.
- Labels – e.g. "2 Days | Vol: 36.26K (52% B)"
2 Days = the session was 2 days ago
Vol = the volume inside that POC row (that session only, not added up)
52% B / S = whether buyers (B) or sellers (S) dominated that volume
- Developing POC – a white line that shows how the POC moved during each session.
- Hover over a zone or a heatmap row for a detailed tooltip (can be turned off).
How I use it
- Watch for price coming back into an old POC zone. Several POCs close together make a stronger level.
- Don't buy or sell blindly at the zone. Wait for a clear reaction: a rejection candle or a 3-bar reversal.
- A typical target is the POC of the current session.
Settings
Anchor period, intrabar timeframe, number of rows, volume source, all colors, transparency, number of sessions, extend zones on/off, show zones / labels, label font, tooltips on/off, and an optional dark chart theme like in the original.
Notes
- MT5 only; the chart timeframe must be lower than the anchor (for daily blocks use M1–H1).
- Forex brokers only provide tick volume, so the numbers differ from TradingView. The distribution and the POC levels are what matter.
- The buttons at the bottom open links, so they need "Allow DLL imports". The indicator itself works without it.
- No lock, no expiry, source code included.
Credits / License
Based on "Precision Market Entropy Heatmap" LuxAlgo, licensed CC BY-NC-SA 4.0. This port is free and non-commercial and shared under the same license.
Install
Unzip, copy "TL Entropy Heatmap Pro.ex5" to File > Open Data Folder > MQL5 > Indicators, refresh the Navigator and drag it onto a chart.
Feedback and ideas are welcome. Post your charts!
As always: this is a tool, not a trading system. Test it on demo first.

@driven18 done, the MT5 version now trades futures (AMP Global, MGCZ26 / GCEZ26). Updated file attached.

1. Futures are detected automatically. 1 pip = 1 tick (0.1 on gold), so the SL is 2 ticks behind the swing, placed exactly on the tick grid
2. Whole contracts, the panel shows "1 contract" etc.
3. Works on netting accounts (one position per symbol, don't trade the same contract by hand)
4. Contract roll: when MGCZ26 expires, put the EA on MGCG27

Important about the risk: one micro gold contract with an M5 swing stop risks about 30-150 USD. With 0.5 % risk you need roughly 20k+ in the account, otherwise most signals are skipped (the EA tells you in the log). If you want it to always trade 1 contract, set "Skip the trade if even the min. lot risks more than RISK %" to false. Then the risk per trade is higher than 0.5 %.
Test on a micro gold replica (real gold prices, tick 0.1 = 1 USD, no commission): Aug PF 1.08, Jul PF 0.83 with 1 contract minimum. Please add your AMP commissions and test on demo first.

REQUEST: https://forex.com.bd/thread/...0#post15931670
TL News Marker Pro (MT5 indicator, free, no lock, no expiry)
What it does, exactly by your request
- Past news marked on the chart with ACTUAL, FORECAST and PREVIOUS, e.g. "USD CPI y/y A 3.2% F 3.1% P 3.0%"
- Green = better than forecast for that currency, red = worse (correct for inverse numbers like unemployment too), blue = upcoming
- Selectable currencies (AUTO = chart symbol, ALL, or a list like USD,EUR,AUD) and countries (US, EU, DE, AU ...)
- High / medium / low impact each on/off, also with one click in the panel
- Selectable events: "Only these events" = CPI y/y; Cash Rate; NFP ... You can put a currency in front ("AUD Cash Rate"). Case and symbols don't matter
- Selectable range: X days back, X days ahead. Upcoming events as dashed lines with forecast + previous, the actual is added automatically as soon as it's released
- Note: for central bank rate decisions the MT5 calendar usually has no forecast, so there you'll see actual + previous only
- Line colour = impact. Hover a line for all events at that time with actual / forecast / previous
- Panel with the next events + countdown and the latest results
- Optional alerts X minutes before an event and when the actual is released
Data comes from the built-in MT5 economic calendar, so there's nothing to set up (no WebRequest) and times are already in your broker's server time. Two notes: the forecast is the MT5 calendar forecast, which can differ a little from the FF consensus. And the MT5 calendar doesn't work in the Strategy Tester, so use it on a live chart. MT4 has no built-in calendar, which is why this one is MT5 only.
Install: copy the .ex5 to MQL5\Indicators, refresh the Navigator, drag it on a chart. Tick "Allow DLL imports" only if you want the link buttons in the panel to work.
merci back to Switzerland

I Build this for a Friend Today from This Video


TL Liquidity Sweep Pro - free indicator for MT4 + MT5
Most liquidity sweep tools draw an X every time a wick pokes past an old high or low and call it a signal. This one grades every sweep from 0 to 100 first, and only the sharp, clean sweeps can turn into a trade.
What you see on the chart

1. BSL / SSL - dotted lines on swing highs / lows that have not been taken yet. That is where the resting stop orders sit.
2. EQH / EQL - equal highs / lows are connected and tagged. Stacked stops = liquidity magnet.
3. Sweep X + score - price wicks through a level and closes back on the other side. The number next to it is the sweep quality score.
4. LONG / SHORT with entry, stop and 3 targets, plus a live dashboard.

How the score works (0-100)

1. Wick depth past the level - 30 %
2. How strongly price reclaimed the level - 25 %
3. Rejection wick size - 15 %
4. Relative volume - only 15 %
5. Level significance (age + EQH/EQL) - 15 %
6. Higher timeframe bias only nudges the score (+/-5). It never blocks a trade.

A sharp stab through the level that snaps straight back scores far higher than a lazy wick, no matter what volume does.
When does a trade fire?

1. An unswept high / low gets swept within the max sweep distance (no ancient levels).
2. The sweep reaches the min sweep score (default 50).
3. CHoCH confirmation (on by default): price must close through the recent minor structure within the confirmation window - otherwise the setup quietly expires.

Both sides swept on one candle = conflict, no signal. Only one trade at a time.
Trade management

1. Stop just beyond the sweep wick + small ATR buffer
2. TP1 / TP2 / TP3 = 1 / 2 / 3 x risk (adjustable)
3. Stop moves to break-even at TP1

Dashboard
Trend, HTF bias, signal state, last sweep + score, open trade and stats: trades, wins / losses, win rate, TP3 / BE exits and net R.
More

1. Alerts: popup, sound, push (new signals, optionally every qualifying sweep)
2. Closed-bar logic - nothing repaints
3. Buffers for EAs: 0 = long entry, 1 = short entry, 2 = sweep score (+bull / -bear)
4. English tooltips on everything (can be switched off)
5. Works on gold, indices, forex - any symbol, any timeframe, any broker
6. Free - no lock, no expiry

Settings tip
Choppy market? Raise Min sweep score towards 65 and keep Require CHoCH confirmation on. That filters out the slow, weak sweeps and keeps you out of most fake-outs.
Install
MT5: copy the .ex5 to File > Open Data Folder > MQL5 > Indicators
MT4: copy the .ex4 to File > Open Data Folder > MQL4 > Indicators
Refresh the Navigator and drag it on the chart. Tick "Allow DLL imports" (Common tab) - it is only used to open the links of the buttons.
Honest note
The win rate on the dashboard tracks what already happened on that chart - it is not a promise about what happens next. Stats are before spread / commission. The tool grades the setup, it does not remove the risk. Please test on demo first.
Feedback and ideas are welcome in this thread.

I make a Expert from this strategy


TL Adaptive Trend Sweep Pro - free EA for MT4 + MT5
This is a YouTube strategy that a lot of people have been asking about, coded exactly as it is shown in the video. It combines two open-source TradingView indicators by AlgoAlpha. I did not rebuild them "by eye": both Pine scripts are ported line by line to MQL, with the same settings as in the video.
The two indicators

1. Machine Learning Adaptive SuperTrend: k-means clustering sorts the ATR into high / medium / low volatility, and the SuperTrend runs on the centroid of the current cluster. ATR length 11 (the video changes 10 -> 11), factor 3, training 100 bars.
2. Nadaraya-Watson Regression Liquidity: a normalized kernel-regression slope with a green area (above 0) and a red area (below 0). It also draws red lines at previous highs and green lines at previous lows. Bandwidth 2 (the video changes 30 -> 2), lookback 140.

The rules (from the video)
SELL

1. SuperTrend label down
2. Nadaraya-Watson oscillator in the red area
3. A bearish candle closes (the first one after the label candle)

Sell at market. Stop at the red line (previous high), target 1.5 x risk.
BUY: the mirror image. Label up, green area, bullish candle, stop at the green line (previous low), target 1.5 x risk.
One trade per label. The EA only reads closed candles, so signals never repaint. If the red or green line is not beyond the entry price, the stop uses the highest high or lowest low of the last 20 bars instead.
What you see on the chart

1. The SuperTrend line with its cloud, plus the up / down labels
2. The red and green liquidity lines
3. Every trade drawn as a risk box and a reward box, like the position tool in the video
4. A dashboard: trend, volatility cluster, NW oscillator with a mini chart of the last 70 bars, the current red / green line, setup state, open position and a backtest of the bars on your chart
5. An AUTO TRADING ON / OFF button (OFF = signals and alerts only)

Settings

1. Risk % per trade or fixed lots, with an optional max lot
2. Risk to reward ratio (default 1.5)
3. Stop mode: last liquidity line, or the swing high / low of the last N bars
4. How many bars to wait for the confirmation candle (0 = until the next label)
5. Direction filter, one position at a time, optional close on the opposite label
6. Session hours, max spread, magic number
7. Alerts: popup, sound, push
8. English tooltips on everything (can be switched off)
9. Source code included: one file that compiles on MT4 and MT5
10. Free, no lock, no expiry

Install
MT5: copy the .ex5 to File > Open Data Folder > MQL5 > Experts
MT4: copy the .ex4 to File > Open Data Folder > MQL4 > Experts
Refresh the Navigator and drag the EA onto the chart. The video uses the NASDAQ on M1. Tick "Allow Algo Trading" and "Allow DLL imports". The DLL is only used to open the links of the buttons.
Honest note
I checked the indicator values against my own separate rebuild of the original Pine code: 0 differences over 9,475 bars. So the EA trades what the video shows.
Whether the video's rules make money is a different question. Backtests in the MT5 tester, 1 % risk per trade:

1. XAUUSD M1, Jul-Sep 2026 (real ticks): 540 trades, profit factor 1.15, +55 %, max drawdown 24 %

Please test on a demo account first. If you run it on the NASDAQ, post your results here, I am curious.
Credits: the indicator logic is (c) AlgoAlpha, Mozilla Public License 2.0. This port is shared as source under the same license.
Feedback and ideas are welcome in this thread.

Update:
I just added it in v1.01 .
Set INVERSE mode = true in the inputs. Every signal from the video is then traded in the opposite direction, and stop and target swap places: the stop goes where the original target was, and the target sits at the original red / green line. So it is a true mirror trade (reward : risk = 1 : 1.5). While it is active, the dashboard header shows "ATS INVERSE". Default is off.

Update:
v1.02 is attached. Break-even and trailing stop are both optional (default OFF, so the original video rules stay untouched):
Break-even: when the trade is x R in profit (default 1.0 R), the stop moves to entry. Optional extra points to lock in a small profit.
Trailing stop: from x R profit (default 1.0 R) the stop follows price at a distance of x R (default 1.0 R). The min. step is auto (5 % of R) or fixed in points.
R = the initial risk of each trade, so the settings scale with every stop size automatically. Both work on MT4 + MT5, in normal and inverse mode, and keep working after a terminal restart. The dashboard backtest uses the same rules.

Thank you once again, and I am very much surprised and gratified also that you started this thread with my post. I am really hoping that this EA works.

We will bring him to work when he does not

This first trades looks really good

Can it be made for other timeframes as well, and the option to choose the time frame??

And the option for TP as turning the number of candle on and off, and also to TP as when HA color changes.

Yes, both done (MT4 + MT5, updated files attached):
Timeframe: input "Trading timeframe" - choose anything from M1 to D1, or "current" to use the chart timeframe. Default stays M5. Put the chart on the same timeframe to see the HA candles and arrows the EA uses.
Take profit - two separate switches:

1. TP 1: close after X consecutive HA candles (on / off, X = 3 by default)
2. TP 2: close when an HA candle closes in the opposite colour (on / off)

Both on (default) = close after 3 candles or earlier on a colour change. Only TP 1 = always hold X candles. Only TP 2 = hold until the HA colour changes. Both off = only the stop loss closes the trade.

Dose these EA have trading option in inverse mode? Thank you.

Thank you once again.

Thanks for asking! It does now - I just added it in v1.01 (new attached).
Set INVERSE mode = true in the inputs. Every signal from the video is then traded in the opposite direction, and stop and target swap places: the stop goes where the original target was, and the target sits at the original red / green line. So it is a true mirror trade (reward : risk = 1 : 1.5). While it is active, the dashboard header shows "ATS INVERSE". Default is off.

First Trade Today... Awesome Runner