Articles with examples of trading robots developed in MQL5

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An Expert Advisor is the 'pinnacle' of programming and the desired goal of every automated trading developer. Read the articles in this section to create your own trading robot. By following the described steps you will learn how to create, debug and test automated trading systems.

The articles not only teach MQL5 programming, but also show how to implement trading ideas and techniques. You will learn how to program a trailing stop, how to apply money management, how to get the indicator values, and much more.

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Advanced Order Execution Algorithms in MQL5: TWAP, VWAP, and Iceberg Orders

Advanced Order Execution Algorithms in MQL5: TWAP, VWAP, and Iceberg Orders

An MQL5 framework that brings institutional-grade execution algorithms (TWAP, VWAP, Iceberg) to retail traders through a unified execution manager and performance analyzer for smoother, more precise order slicing and analytics.
Working with GSM Modem from an MQL5 Expert Advisor
Working with GSM Modem from an MQL5 Expert Advisor

Working with GSM Modem from an MQL5 Expert Advisor

There is currently a fair number of means for a comfortable remote monitoring of a trading account: mobile terminals, push notifications, working with ICQ. But it all requires Internet connection. This article describes the process of creating an Expert Advisor that will allow you to stay in touch with your trading terminal even when mobile Internet is not available, through calls and text messaging.
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Multibot in MetaTrader (Part II): Improved dynamic template

Multibot in MetaTrader (Part II): Improved dynamic template

Developing the theme of the previous article, I decided to create a more flexible and functional template that has greater capabilities and can be effectively used both in freelancing and as a base for developing multi-currency and multi-period EAs with the ability to integrate with external solutions.
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Trailing stop in trading

Trailing stop in trading

In this article, we will look at the use of a trailing stop in trading. We will assess how useful and effective it is, and how it can be used. The efficiency of a trailing stop largely depends on price volatility and the selection of the stop loss level. A variety of approaches can be used to set a stop loss.
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Creating an EA that works automatically (Part 14): Automation (VI)

Creating an EA that works automatically (Part 14): Automation (VI)

In this article, we will put into practice all the knowledge from this series. We will finally build a 100% automated and functional system. But before that, we still have to learn one last detail.
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Ready-made templates for including indicators to Expert Advisors (Part 3): Trend indicators

Ready-made templates for including indicators to Expert Advisors (Part 3): Trend indicators

In this reference article, we will look at standard indicators from the Trend Indicators category. We will create ready-to-use templates for indicator use in EAs - declaring and setting parameters, indicator initialization and deinitialization, as well as receiving data and signals from indicator buffers in EAs.
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Neural networks made easy (Part 28): Policy gradient algorithm

Neural networks made easy (Part 28): Policy gradient algorithm

We continue to study reinforcement learning methods. In the previous article, we got acquainted with the Deep Q-Learning method. In this method, the model is trained to predict the upcoming reward depending on the action taken in a particular situation. Then, an action is performed in accordance with the policy and the expected reward. But it is not always possible to approximate the Q-function. Sometimes its approximation does not generate the desired result. In such cases, approximation methods are applied not to utility functions, but to a direct policy (strategy) of actions. One of such methods is Policy Gradient.
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Neural networks made easy (Part 24): Improving the tool for Transfer Learning

Neural networks made easy (Part 24): Improving the tool for Transfer Learning

In the previous article, we created a tool for creating and editing the architecture of neural networks. Today we will continue working on this tool. We will try to make it more user friendly. This may see, top be a step away form our topic. But don't you think that a well organized workspace plays an important role in achieving the result.
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Developing a trading Expert Advisor from scratch (Part 8): A conceptual leap

Developing a trading Expert Advisor from scratch (Part 8): A conceptual leap

What is the easiest way to implement new functionality? In this article, we will take one step back and then two steps forward.
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Neural networks made easy (Part 19): Association rules using MQL5

Neural networks made easy (Part 19): Association rules using MQL5

We continue considering association rules. In the previous article, we have discussed theoretical aspect of this type of problem. In this article, I will show the implementation of the FP Growth method using MQL5. We will also test the implemented solution using real data.
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Creating an EA that works automatically (Part 08): OnTradeTransaction

Creating an EA that works automatically (Part 08): OnTradeTransaction

In this article, we will see how to use the event handling system to quickly and efficiently process issues related to the order system. With this system the EA will work faster, so that it will not have to constantly search for the required data.
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Creating an EA that works automatically (Part 13): Automation (V)

Creating an EA that works automatically (Part 13): Automation (V)

Do you know what a flowchart is? Can you use it? Do you think flowcharts are for beginners? I suggest that we proceed to this new article and learn how to work with flowcharts.
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Creating an EA that works automatically (Part 09): Automation (I)

Creating an EA that works automatically (Part 09): Automation (I)

Although the creation of an automated EA is not a very difficult task, however, many mistakes can be made without the necessary knowledge. In this article, we will look at how to build the first level of automation, which consists in creating a trigger to activate breakeven and a trailing stop level.
Prices in DoEasy library (part 61): Collection of symbol tick series
Prices in DoEasy library (part 61): Collection of symbol tick series

Prices in DoEasy library (part 61): Collection of symbol tick series

Since a program may use different symbols in its work, a separate list should be created for each of them. In this article, I will combine such lists into a tick data collection. In fact, this will be a regular list based on the class of dynamic array of pointers to instances of CObject class and its descendants of the Standard library.
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Creating an EA that works automatically (Part 05): Manual triggers (II)

Creating an EA that works automatically (Part 05): Manual triggers (II)

Today we'll see how to create an Expert Advisor that simply and safely works in automatic mode. At the end of the previous article, I suggested that it would be appropriate to allow manual use of the EA, at least for a while.
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Automating Trading Strategies in MQL5 (Part 22): Creating a Zone Recovery System for Envelopes Trend Trading

Automating Trading Strategies in MQL5 (Part 22): Creating a Zone Recovery System for Envelopes Trend Trading

In this article, we develop a Zone Recovery System integrated with an Envelopes trend-trading strategy in MQL5. We outline the architecture for using RSI and Envelopes indicators to trigger trades and manage recovery zones to mitigate losses. Through implementation and backtesting, we show how to build an effective automated trading system for dynamic markets
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How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 6): Two RSI indicators cross each other's lines

How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 6): Two RSI indicators cross each other's lines

The multi-currency expert advisor in this article is an expert advisor or trading robot that uses two RSI indicators with crossing lines, the Fast RSI which crosses with the Slow RSI.
MQL5 Cookbook: Handling Custom Chart Events
MQL5 Cookbook: Handling Custom Chart Events

MQL5 Cookbook: Handling Custom Chart Events

This article considers aspects of design and development of custom chart events system in the MQL5 environment. An example of an approach to the events classification can also be found here, as well as a program code for a class of events and a class of custom events handler.
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Creating multi-symbol, multi-period indicators

Creating multi-symbol, multi-period indicators

In this article, we will look at the principles of creating multi-symbol, multi-period indicators. We will also see how to access the data of such indicators from Expert Advisors and other indicators. We will consider the main features of using multi-indicators in Expert Advisors and indicators and will see how to plot them through custom indicator buffers.
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Multiple indicators on one chart (Part 05): Turning MetaTrader 5 into a RAD system (I)

Multiple indicators on one chart (Part 05): Turning MetaTrader 5 into a RAD system (I)

There are a lot of people who do not know how to program but they are quite creative and have great ideas. However, the lack of programming knowledge prevents them from implementing these ideas. Let's see together how to create a Chart Trade using the MetaTrader 5 platform itself, as if it were an IDE.
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How to create a trading journal with MetaTrader and Google Sheets

How to create a trading journal with MetaTrader and Google Sheets

Create a trading journal using MetaTrader and Google Sheets! You will learn how to sync your trading data via HTTP POST and retrieve it using HTTP requests. In the end, You have a trading journal that will help you keep track of your trades effectively and efficiently.
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Implementing a Rapid-Fire Trading Strategy Algorithm with Parabolic SAR and Simple Moving Average (SMA) in MQL5

Implementing a Rapid-Fire Trading Strategy Algorithm with Parabolic SAR and Simple Moving Average (SMA) in MQL5

In this article, we develop a Rapid-Fire Trading Expert Advisor in MQL5, leveraging the Parabolic SAR and Simple Moving Average (SMA) indicators to create a responsive trading strategy. We detail the strategy’s implementation, including indicator usage, signal generation, and the testing and optimization process.
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Developing a trading Expert Advisor from scratch (Part 22): New order system (V)

Developing a trading Expert Advisor from scratch (Part 22): New order system (V)

Today we will continue to develop the new order system. It is not that easy to implement a new system as we often encounter problems which greatly complicate the process. When these problems appear, we have to stop and re-analyze the direction in which we are moving.
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Algorithmic trading based on 3D reversal patterns

Algorithmic trading based on 3D reversal patterns

Discovering a new world of automated trading on 3D bars. What does a trading robot look like on multidimensional price bars? Are "yellow" clusters of 3D bars able to predict trend reversals? What does multidimensional trading look like?
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Automated grid trading using limit orders on Moscow Exchange (MOEX)

Automated grid trading using limit orders on Moscow Exchange (MOEX)

The article considers the development of an MQL5 Expert Advisor (EA) for MetaTrader 5 aimed at working on MOEX. The EA is to follow a grid strategy while trading on MOEX using MetaTrader 5 terminal. The EA involves closing positions by stop loss and take profit, as well as removing pending orders in case of certain market conditions.
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Creating an MQL5 Expert Advisor Based on the PIRANHA Strategy by Utilizing Bollinger Bands

Creating an MQL5 Expert Advisor Based on the PIRANHA Strategy by Utilizing Bollinger Bands

In this article, we create an Expert Advisor (EA) in MQL5 based on the PIRANHA strategy, utilizing Bollinger Bands to enhance trading effectiveness. We discuss the key principles of the strategy, the coding implementation, and methods for testing and optimization. This knowledge will enable you to deploy the EA in your trading scenarios effectively
Marvel Your MQL5 Customers with a Usable Cocktail of Technologies!
Marvel Your MQL5 Customers with a Usable Cocktail of Technologies!

Marvel Your MQL5 Customers with a Usable Cocktail of Technologies!

MQL5 provides programmers with a very complete set of functions and object-oriented API thanks to which they can do everything they want within the MetaTrader environment. However, Web Technology is an extremely versatile tool nowadays that may come to the rescue in some situations when you need to do something very specific, want to marvel your customers with something different or simply you do not have enough time to master a specific part of MT5 Standard Library. Today's exercise walks you through a practical example about how you can manage your development time at the same time as you also create an amazing tech cocktail.
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Creating a Trading Administrator Panel in MQL5 (Part XII): Integration of a Forex Values Calculator

Creating a Trading Administrator Panel in MQL5 (Part XII): Integration of a Forex Values Calculator

Accurate calculation of key trading values is an indispensable part of every trader’s workflow. In this article, we will discuss, the integration of a powerful utility—the Forex Calculator—into the Trade Management Panel, further extending the functionality of our multi-panel Trading Administrator system. Efficiently determining risk, position size, and potential profit is essential when placing trades, and this new feature is designed to make that process faster and more intuitive within the panel. Join us as we explore the practical application of MQL5 in building advanced, trading panels.
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Automating Trading Strategies in MQL5 (Part 14): Trade Layering Strategy with MACD-RSI Statistical Methods

Automating Trading Strategies in MQL5 (Part 14): Trade Layering Strategy with MACD-RSI Statistical Methods

In this article, we introduce a trade layering strategy that combines MACD and RSI indicators with statistical methods to automate dynamic trading in MQL5. We explore the architecture of this cascading approach, detail its implementation through key code segments, and guide readers on backtesting to optimize performance. Finally, we conclude by highlighting the strategy’s potential and setting the stage for further enhancements in automated trading.
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Experiments with neural networks (Part 5): Normalizing inputs for passing to a neural network

Experiments with neural networks (Part 5): Normalizing inputs for passing to a neural network

Neural networks are an ultimate tool in traders' toolkit. Let's check if this assumption is true. MetaTrader 5 is approached as a self-sufficient medium for using neural networks in trading. A simple explanation is provided.
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Neural networks made easy (Part 16): Practical use of clustering

Neural networks made easy (Part 16): Practical use of clustering

In the previous article, we have created a class for data clustering. In this article, I want to share variants of the possible application of obtained results in solving practical trading tasks.
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Master MQL5 from beginner to pro (Part II): Basic data types and use of variable

Master MQL5 from beginner to pro (Part II): Basic data types and use of variable

This is a continuation of the series for beginners. In this article, we'll look at how to create constants and variables, write dates, colors, and other useful data. We will learn how to create enumerations like days of the week or line styles (solid, dotted, etc.). Variables and expressions are the basis of programming. They are definitely present in 99% of programs, so understanding them is critical. Therefore, if you are new to programming, this article can be very useful for you. Required programming knowledge level: very basic, within the limits of my previous article (see the link at the beginning).
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Neural networks made easy (Part 67): Using past experience to solve new tasks

Neural networks made easy (Part 67): Using past experience to solve new tasks

In this article, we continue discussing methods for collecting data into a training set. Obviously, the learning process requires constant interaction with the environment. However, situations can be different.
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ALGLIB numerical analysis library in MQL5

ALGLIB numerical analysis library in MQL5

The article takes a quick look at the ALGLIB 3.19 numerical analysis library, its applications and new algorithms that can improve the efficiency of financial data analysis.
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Automating Trading Strategies in MQL5 (Part 17): Mastering the Grid-Mart Scalping Strategy with a Dynamic Dashboard

Automating Trading Strategies in MQL5 (Part 17): Mastering the Grid-Mart Scalping Strategy with a Dynamic Dashboard

In this article, we explore the Grid-Mart Scalping Strategy, automating it in MQL5 with a dynamic dashboard for real-time trading insights. We detail its grid-based Martingale logic and risk management features. We also guide backtesting and deployment for robust performance.
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Neural networks made easy (Part 21): Variational autoencoders (VAE)

Neural networks made easy (Part 21): Variational autoencoders (VAE)

In the last article, we got acquainted with the Autoencoder algorithm. Like any other algorithm, it has its advantages and disadvantages. In its original implementation, the autoenctoder is used to separate the objects from the training sample as much as possible. This time we will talk about how to deal with some of its disadvantages.
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Timeseries in DoEasy library (part 54): Descendant classes of abstract base indicator

Timeseries in DoEasy library (part 54): Descendant classes of abstract base indicator

The article considers creation of classes of descendant objects of base abstract indicator. Such objects will provide access to features of creating indicator EAs, collecting and getting data value statistics of various indicators and prices. Also, create indicator object collection from which getting access to properties and data of each indicator created in the program will be possible.
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Build Self Optimizing Expert Advisors in MQL5 (Part 6): Self Adapting Trading Rules (II)

Build Self Optimizing Expert Advisors in MQL5 (Part 6): Self Adapting Trading Rules (II)

This article explores optimizing RSI levels and periods for better trading signals. We introduce methods to estimate optimal RSI values and automate period selection using grid search and statistical models. Finally, we implement the solution in MQL5 while leveraging Python for analysis. Our approach aims to be pragmatic and straightforward to help you solve potentially complicated problems, with simplicity.
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Experiments with neural networks (Part 2): Smart neural network optimization

Experiments with neural networks (Part 2): Smart neural network optimization

In this article, I will 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 as a self-sufficient tool for using neural networks in trading.
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Neural networks made easy (Part 15): Data clustering using MQL5

Neural networks made easy (Part 15): Data clustering using MQL5

We continue to consider the clustering method. In this article, we will create a new CKmeans class to implement one of the most common k-means clustering methods. During tests, the model managed to identify about 500 patterns.