Articles on the MQL5 programming and use of trading robots

icon

Expert Advisors created for the MetaTrader platform perform a variety of functions implemented by their developers. Trading robots can track financial symbols 24 hours a day, copy deals, create and send reports, analyze news and even provide specific custom graphical interface.

The articles describe programming techniques, mathematical ideas for data processing, tips on creating and ordering of trading robots.

Add a new article
latest | best
preview
Cycles and trading

Cycles and trading

This article is about using cycles in trading. We will consider building a trading strategy based on cyclical models.
MQL4  as a Trader's Tool, or The Advanced Technical Analysis
MQL4  as a Trader's Tool, or The Advanced Technical Analysis

MQL4 as a Trader's Tool, or The Advanced Technical Analysis

Trading is, first of all, a calculus of probabilities. The proverb about idleness being an engine for progress reveals us the reason why all those indicators and trading systems have been developed. It comes that the major of newcomers in trading study "ready-made" trading theories. But, as luck would have it, there are some more undiscovered market secrets, and tools used in analyzing of price movements exist, basically, as those unrealized technical indicators or math and stat packages. Thanks awfully to Bill Williams for his contribution to the market movements theory. Though, perhaps, it's too early to rest on oars.
preview
Automating Trading Strategies in MQL5 (Part 48): Order Blocks, Inducement, Break of Structure

Automating Trading Strategies in MQL5 (Part 48): Order Blocks, Inducement, Break of Structure

We implement an MQL5 expert advisor that detects order blocks formed after consolidation breakouts and confirms them with fair value gaps. Each zone is validated by a break of structure and a preceding inducement, then filtered by the higher-timeframe trend. The program adds mitigation tracking, risk-based lot sizing, and two trailing stop modes, providing clear on-chart visuals and backtest-ready trade execution logic.
preview
Creating an MQL5-Telegram Integrated Expert Advisor (Part 2): Sending Signals from MQL5 to Telegram

Creating an MQL5-Telegram Integrated Expert Advisor (Part 2): Sending Signals from MQL5 to Telegram

In this article, we create an MQL5-Telegram integrated Expert Advisor that sends moving average crossover signals to Telegram. We detail the process of generating trading signals from moving average crossovers, implementing the necessary code in MQL5, and ensuring the integration works seamlessly. The result is a system that provides real-time trading alerts directly to your Telegram group chat.
preview
Price Action Analysis Toolkit Development (Part 21): Market Structure Flip Detector Tool

Price Action Analysis Toolkit Development (Part 21): Market Structure Flip Detector Tool

The Market Structure Flip Detector Expert Advisor (EA) acts as your vigilant partner, constantly observing shifts in market sentiment. By utilizing Average True Range (ATR)-based thresholds, it effectively detects structure flips and labels each Higher Low and Lower High with clear indicators. Thanks to MQL5’s swift execution and flexible API, this tool offers real-time analysis that adjusts the display for optimal readability and provides a live dashboard to monitor flip counts and timings. Furthermore, customizable sound and push notifications guarantee that you stay informed of critical signals, allowing you to see how straightforward inputs and helper routines can transform price movements into actionable strategies.
preview
Automating Trading Strategies in MQL5 (Part 27): Creating a Price Action Crab Harmonic Pattern with Visual Feedback

Automating Trading Strategies in MQL5 (Part 27): Creating a Price Action Crab Harmonic Pattern with Visual Feedback

In this article, we develop a Crab Harmonic Pattern system in MQL5 that identifies bullish and bearish Crab harmonic patterns using pivot points and Fibonacci ratios, triggering trades with precise entry, stop loss, and take-profit levels. We incorporate visual feedback through chart objects like triangles and trendlines to display the XABCD pattern structure and trade levels.
preview
Automated exchange grid trading using stop pending orders on Moscow Exchange (MOEX)

Automated exchange grid trading using stop pending orders on Moscow Exchange (MOEX)

The article considers the grid trading approach based on stop pending orders and implemented in an MQL5 Expert Advisor on the Moscow Exchange (MOEX). When trading in the market, one of the simplest strategies is a grid of orders designed to "catch" the market price.
preview
Data Science and ML (Part 40): Using Fibonacci Retracements in Machine Learning data

Data Science and ML (Part 40): Using Fibonacci Retracements in Machine Learning data

Fibonacci retracements are a popular tool in technical analysis, helping traders identify potential reversal zones. In this article, we’ll explore how these retracement levels can be transformed into target variables for machine learning models to help them understand the market better using this powerful tool.
preview
Creating an EA that works automatically (Part 10): Automation (II)

Creating an EA that works automatically (Part 10): Automation (II)

Automation means nothing if you cannot control its schedule. No worker can be efficient working 24 hours a day. However, many believe that an automated system should operate 24 hours a day. But it is always good to have means to set a working time range for the EA. In this article, we will consider how to properly set such a time range.
preview
How to build and optimize a volume-based trading system (Chaikin Money Flow - CMF)

How to build and optimize a volume-based trading system (Chaikin Money Flow - CMF)

In this article, we will provide a volume-based indicator, Chaikin Money Flow (CMF) after identifying how it can be constructed, calculated, and used. We will understand how to build a custom indicator. We will share some simple strategies that can be used and then test them to understand which one is better.
preview
Neural networks made easy (Part 49): Soft Actor-Critic

Neural networks made easy (Part 49): Soft Actor-Critic

We continue our discussion of reinforcement learning algorithms for solving continuous action space problems. In this article, I will present the Soft Actor-Critic (SAC) algorithm. The main advantage of SAC is the ability to find optimal policies that not only maximize the expected reward, but also have maximum entropy (diversity) of actions.
preview
Data Science and Machine Learning (Part 21): Unlocking Neural Networks, Optimization algorithms demystified

Data Science and Machine Learning (Part 21): Unlocking Neural Networks, Optimization algorithms demystified

Dive into the heart of neural networks as we demystify the optimization algorithms used inside the neural network. In this article, discover the key techniques that unlock the full potential of neural networks, propelling your models to new heights of accuracy and efficiency.
preview
MQL5 Wizard Techniques you should know (Part 09): Pairing K-Means Clustering with Fractal Waves

MQL5 Wizard Techniques you should know (Part 09): Pairing K-Means Clustering with Fractal Waves

K-Means clustering takes the approach to grouping data points as a process that’s initially focused on the macro view of a data set that uses random generated cluster centroids before zooming in and adjusting these centroids to accurately represent the data set. We will look at this and exploit a few of its use cases.
preview
Developing a trading Expert Advisor from scratch (Part 11): Cross order system

Developing a trading Expert Advisor from scratch (Part 11): Cross order system

In this article we will create a system of cross orders. There is one type of assets that makes traders' life very difficult for traders — futures contracts. But why do they make life difficult?
preview
Neural Networks in Trading: A Multi-Agent System with Conceptual Reinforcement (Final Part)

Neural Networks in Trading: A Multi-Agent System with Conceptual Reinforcement (Final Part)

We continue to implement the approaches proposed by the authors of the FinCon framework. FinCon is a multi-agent system based on Large Language Models (LLMs). Today, we will implement the necessary modules and conduct comprehensive testing of the model on real historical data.
preview
Dynamic Swing Architecture: Market Structure Recognition from Swings to Automated Execution

Dynamic Swing Architecture: Market Structure Recognition from Swings to Automated Execution

This article introduces a fully automated MQL5 system designed to identify and trade market swings with precision. Unlike traditional fixed-bar swing indicators, this system adapts dynamically to evolving price structure—detecting swing highs and swing lows in real time to capture directional opportunities as they form.
preview
Price Action Analysis Toolkit Development (Part 56): Reading Session Acceptance and Rejection with CPI

Price Action Analysis Toolkit Development (Part 56): Reading Session Acceptance and Rejection with CPI

This article presents a session-based analytical framework that combines time-defined market sessions with the Candle Pressure Index (CPI) to classify acceptance and rejection behavior at session boundaries using closed-candle data and clearly defined rules.
preview
Introduction to MQL5 (Part 3): Mastering the Core Elements of MQL5

Introduction to MQL5 (Part 3): Mastering the Core Elements of MQL5

Explore the fundamentals of MQL5 programming in this beginner-friendly article, where we demystify arrays, custom functions, preprocessors, and event handling, all explained with clarity making every line of code accessible. Join us in unlocking the power of MQL5 with a unique approach that ensures understanding at every step. This article sets the foundation for mastering MQL5, emphasizing the explanation of each line of code, and providing a distinct and enriching learning experience.
preview
Improve Your Trading Charts With Interactive GUI's in MQL5 (Part II): Movable GUI (II)

Improve Your Trading Charts With Interactive GUI's in MQL5 (Part II): Movable GUI (II)

Unlock the potential of dynamic data representation in your trading strategies and utilities with our in-depth guide to creating movable GUIs in MQL5. Delve into the fundamental principles of object-oriented programming and discover how to design and implement single or multiple movable GUIs on the same chart with ease and efficiency.
preview
Introduction to MQL5 (Part 29): Mastering API and WebRequest Function in MQL5 (III)

Introduction to MQL5 (Part 29): Mastering API and WebRequest Function in MQL5 (III)

In this article, we continue mastering API and WebRequest in MQL5 by retrieving candlestick data from an external source. We focus on splitting the server response, cleaning the data, and extracting essential elements such as opening time and OHLC values for multiple daily candles, preparing the data for further analysis.
preview
MQL5 Trading Tools (Part 1): Building an Interactive Visual Pending Orders Trade Assistant Tool

MQL5 Trading Tools (Part 1): Building an Interactive Visual Pending Orders Trade Assistant Tool

In this article, we introduce the development of an interactive Trade Assistant Tool in MQL5, designed to simplify placing pending orders in Forex trading. We outline the conceptual design, focusing on a user-friendly GUI for setting entry, stop-loss, and take-profit levels visually on the chart. Additionally, we detail the MQL5 implementation and backtesting process to ensure the tool’s reliability, setting the stage for advanced features in the preceding parts.
preview
Automating Trading Strategies in MQL5 (Part 38): Hidden RSI Divergence Trading with Slope Angle Filters

Automating Trading Strategies in MQL5 (Part 38): Hidden RSI Divergence Trading with Slope Angle Filters

In this article, we build an MQL5 EA that detects hidden RSI divergences via swing points with strength, bar ranges, tolerance, and slope angle filters for price and RSI lines. It executes buy/sell trades on validated signals with fixed lots, SL/TP in pips, and optional trailing stops for risk control.
preview
Building AI-Powered Trading Systems in MQL5 (Part 4): Overcoming Multiline Input, Ensuring Chat Persistence, and Generating Signals

Building AI-Powered Trading Systems in MQL5 (Part 4): Overcoming Multiline Input, Ensuring Chat Persistence, and Generating Signals

In this article, we enhance the ChatGPT-integrated program in MQL5 overcoming multiline input limitations with improved text rendering, introducing a sidebar for navigating persistent chat storage using AES256 encryption and ZIP compression, and generating initial trade signals through chart data integration.
preview
Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation

Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation

Dynamic multi pair Expert Advisor leverages both on correlation and inverse correlation strategies to optimize trading performance. By analyzing real-time market data, it identifies and exploits the relationship between currency pairs.
preview
Developing a trading Expert Advisor from scratch (Part 14): Adding Volume At Price (II)

Developing a trading Expert Advisor from scratch (Part 14): Adding Volume At Price (II)

Today we will add some more resources to our EA. This interesting article can provide some new ideas and methods of presenting information. At the same time, it can assist in fixing minor flaws in your projects.
preview
Introduction to MQL5 (Part 5): A Beginner's Guide to Array Functions in MQL5

Introduction to MQL5 (Part 5): A Beginner's Guide to Array Functions in MQL5

Explore the world of MQL5 arrays in Part 5, designed for absolute beginners. Simplifying complex coding concepts, this article focuses on clarity and inclusivity. Join our community of learners, where questions are embraced, and knowledge is shared!
preview
Trading with the MQL5 Economic Calendar (Part 6): Automating Trade Entry with News Event Analysis and Countdown Timers

Trading with the MQL5 Economic Calendar (Part 6): Automating Trade Entry with News Event Analysis and Countdown Timers

In this article, we implement automated trade entry using the MQL5 Economic Calendar by applying user-defined filters and time offsets to identify qualifying news events. We compare forecast and previous values to determine whether to open a BUY or SELL trade. Dynamic countdown timers display the remaining time until news release and reset automatically after a trade.
preview
Advanced Variables and Data Types in MQL5

Advanced Variables and Data Types in MQL5

Variables and data types are very important topics not only in MQL5 programming but also in any programming language. MQL5 variables and data types can be categorized as simple and advanced ones. In this article, we will identify and learn about advanced ones because we already mentioned simple ones in a previous article.
preview
Building AI-Powered Trading Systems in MQL5 (Part 3): Upgrading to a Scrollable Single Chat-Oriented UI

Building AI-Powered Trading Systems in MQL5 (Part 3): Upgrading to a Scrollable Single Chat-Oriented UI

In this article, we upgrade the ChatGPT-integrated program in MQL5 to a scrollable single chat-oriented UI, enhancing conversation history display with timestamps and dynamic scrolling. The system builds on JSON parsing to manage multi-turn messages, supporting customizable scrollbar modes and hover effects for improved user interaction.
preview
Data Science and ML (Part 41): Forex and Stock Markets Pattern Detection using YOLOv8

Data Science and ML (Part 41): Forex and Stock Markets Pattern Detection using YOLOv8

Detecting patterns in financial markets is challenging because it involves seeing what's on the chart, something that's difficult to undertake in MQL5 due to image limitations. In this article, we are going to discuss a decent model made in Python that helps us detect patterns present on the chart with minimal effort.
preview
Developing a multi-currency Expert Advisor (Part 22): Starting the transition to hot swapping of settings

Developing a multi-currency Expert Advisor (Part 22): Starting the transition to hot swapping of settings

If we are going to automate periodic optimization, we need to think about auto updates of the settings of the EAs already running on the trading account. This should also allow us to run the EA in the strategy tester and change its settings within a single run.
Expert System 'Commentator'. Practical Use of Embedded Indicators in an MQL4 Program
Expert System 'Commentator'. Practical Use of Embedded Indicators in an MQL4 Program

Expert System 'Commentator'. Practical Use of Embedded Indicators in an MQL4 Program

The article describes the use of technical indicators in programming on MQL4.
preview
Testing and optimization of binary options strategies in MetaTrader 5

Testing and optimization of binary options strategies in MetaTrader 5

In this article, I will check and optimize binary options strategies in MetaTrader 5.
preview
Price Action Analysis Toolkit Development (Part 61): Structural Slanted Trendline Breakouts with 3-Swing Validation

Price Action Analysis Toolkit Development (Part 61): Structural Slanted Trendline Breakouts with 3-Swing Validation

We present a slanted trendline breakout tool that relies on three‑swing validation to generate objective, price‑action signals. The system automates swing detection, trendline construction, and breakout confirmation using crossing logic to reduce noise and standardize execution. The article explains the strategy rules, shows the MQL5 implementation, and reviews testing results; the tool is intended for analysis and signal confirmation, not automated trading.
preview
Modified Grid-Hedge EA in MQL5 (Part III): Optimizing Simple Hedge Strategy (I)

Modified Grid-Hedge EA in MQL5 (Part III): Optimizing Simple Hedge Strategy (I)

In this third part, we revisit the Simple Hedge and Simple Grid Expert Advisors (EAs) developed earlier. Our focus shifts to refining the Simple Hedge EA through mathematical analysis and a brute force approach, aiming for optimal strategy usage. This article delves deep into the mathematical optimization of the strategy, setting the stage for future exploration of coding-based optimization in later installments.
preview
Data Science and Machine Learning (Part 08): K-Means Clustering in plain MQL5

Data Science and Machine Learning (Part 08): K-Means Clustering in plain MQL5

Data mining is crucial to a data scientist and a trader because very often, the data isn't as straightforward as we think it is. The human eye can not understand the minor underlying pattern and relationships in the dataset, maybe the K-means algorithm can help us with that. Let's find out...
preview
Neural networks made easy (Part 33): Quantile regression in distributed Q-learning

Neural networks made easy (Part 33): Quantile regression in distributed Q-learning

We continue studying distributed Q-learning. Today we will look at this approach from the other side. We will consider the possibility of using quantile regression to solve price prediction tasks.
preview
Price Action Analysis Toolkit Development (Part 61): Structural Slanted Trendline Breakouts with 3-Swing Validation

Price Action Analysis Toolkit Development (Part 61): Structural Slanted Trendline Breakouts with 3-Swing Validation

We present a slanted trendline breakout tool that relies on three‑swing validation to generate objective, price‑action signals. The system automates swing detection, trendline construction, and breakout confirmation using crossing logic to reduce noise and standardize execution. The article explains the strategy rules, shows the MQL5 implementation, and reviews testing results; the tool is intended for analysis and signal confirmation, not automated trading.
preview
Experiments with neural networks (Part 3): Practical application

Experiments with neural networks (Part 3): Practical application

In this article series, I use experimentation and non-standard approaches to develop a profitable trading system and check whether neural networks can be of any help for traders. MetaTrader 5 is approached as a self-sufficient tool for using neural networks in trading.
preview
Building a Candlestick Trend Constraint Model (Part 8): Expert Advisor Development (I)

Building a Candlestick Trend Constraint Model (Part 8): Expert Advisor Development (I)

In this discussion, we will create our first Expert Advisor in MQL5 based on the indicator we made in the prior article. We will cover all the features required to make the process automatic, including risk management. This will extensively benefit the users to advance from manual execution of trades to automated systems.