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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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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Ready-made templates for including indicators to Expert Advisors (Part 2): Volume and Bill Williams indicators

In this article, we will look at standard indicators of the Volume and Bill Williams' 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 76): Exploring diverse interaction patterns with Multi-future Transformer

This article continues the topic of predicting the upcoming price movement. I invite you to get acquainted with the Multi-future Transformer architecture. Its main idea is to decompose the multimodal distribution of the future into several unimodal distributions, which allows you to effectively simulate various models of interaction between agents on the scene.
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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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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.
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Continuous walk-forward optimization (Part 8): Program improvements and fixes

The program has been modified based on comments and requests from users and readers of this article series. This article contains a new version of the auto optimizer. This version implements requested features and provides other improvements, which I found when working with the program.
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How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 3): Added symbols prefixes and/or suffixes and Trading Time Session

Several fellow traders sent emails or commented about how to use this Multi-Currency EA on brokers with symbol names that have prefixes and/or suffixes, and also how to implement trading time zones or trading time sessions on this Multi-Currency EA.
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Neural networks made easy (Part 31): Evolutionary algorithms

In the previous article, we started exploring non-gradient optimization methods. We got acquainted with the genetic algorithm. Today, we will continue this topic and will consider another class of evolutionary algorithms.
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Understanding Programming Paradigms (Part 2): An Object-Oriented Approach to Developing a Price Action Expert Advisor

Learn about the object-oriented programming paradigm and its application in MQL5 code. This second article goes deeper into the specifics of object-oriented programming, offering hands-on experience through a practical example. You'll learn how to convert our earlier developed procedural price action expert advisor using the EMA indicator and candlestick price data to object-oriented code.
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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?
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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.
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How to Implement Auto Optimization in MQL5 Expert Advisors

Step by step guide for auto optimization in MQL5 for Expert Advisors. We will cover robust optimization logic, best practices for parameter selection, and how to reconstruct strategies with back-testing. Additionally, higher-level methods like walk-forward optimization will be discussed to enhance your trading approach.
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How to build and optimize a volatility-based trading system (Chaikin Volatility - CHV)

In this article, we will provide another volatility-based indicator named Chaikin Volatility. We will understand how to build a custom indicator after identifying how it can be used and constructed. We will share some simple strategies that can be used and then test them to understand which one can be better.
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News Trading Made Easy (Part 1): Creating a Database

News Trading Made Easy (Part 1): Creating a Database

News trading can be complicated and overwhelming, in this article we will go through steps to obtain news data. Additionally we will learn about the MQL5 Economic Calendar and what it has to offer.
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Introduction to MQL5 (Part 4): Mastering Structures, Classes, and Time Functions

Introduction to MQL5 (Part 4): Mastering Structures, Classes, and Time Functions

Unlock the secrets of MQL5 programming in our latest article! Delve into the essentials of structures, classes, and time functions, empowering your coding journey. Whether you're a beginner or an experienced developer, our guide simplifies complex concepts, providing valuable insights for mastering MQL5. Elevate your programming skills and stay ahead in the world of algorithmic trading!
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Automating Trading Strategies in MQL5 (Part 20): Multi-Symbol Strategy Using CCI and AO

Automating Trading Strategies in MQL5 (Part 20): Multi-Symbol Strategy Using CCI and AO

In this article, we create a multi-symbol trading strategy using CCI and AO indicators to detect trend reversals. We cover its design, MQL5 implementation, and backtesting process. The article concludes with tips for performance improvement.
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Developing a multi-currency Expert Advisor (Part 1): Collaboration of several trading strategies

Developing a multi-currency Expert Advisor (Part 1): Collaboration of several trading strategies

There are quite a lot of different trading strategies. So, it might be useful to apply several strategies working in parallel to diversify risks and increase the stability of trading results. But if each strategy is implemented as a separate Expert Advisor (EA), then managing their work on one trading account becomes much more difficult. To solve this problem, it would be reasonable to implement the operation of different trading strategies within a single EA.
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Build Self Optimizing Expert Advisors in MQL5 (Part 5): Self Adapting Trading Rules

Build Self Optimizing Expert Advisors in MQL5 (Part 5): Self Adapting Trading Rules

The best practices, defining how to safely us an indicator, are not always easy to follow. Quiet market conditions may surprisingly produce readings on the indicator that do not qualify as a trading signal, leading to missed opportunities for algorithmic traders. This article will suggest a potential solution to this problem, as we discuss how to build trading applications capable of adapting their trading rules to the available market data.
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Neural networks made easy (Part 55): Contrastive intrinsic control (CIC)

Neural networks made easy (Part 55): Contrastive intrinsic control (CIC)

Contrastive training is an unsupervised method of training representation. Its goal is to train a model to highlight similarities and differences in data sets. In this article, we will talk about using contrastive training approaches to explore different Actor skills.
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Developing a trading Expert Advisor from scratch (Part 20): New order system (III)

Developing a trading Expert Advisor from scratch (Part 20): New order system (III)

We continue to implement the new order system. The creation of such a system requires a good command of MQL5, as well as an understanding of how the MetaTrader 5 platform actually works and what resources it provides.
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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.
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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.
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Automating Trading Strategies in MQL5 (Part 2): The Kumo Breakout System with Ichimoku and Awesome Oscillator

Automating Trading Strategies in MQL5 (Part 2): The Kumo Breakout System with Ichimoku and Awesome Oscillator

In this article, we create an Expert Advisor (EA) that automates the Kumo Breakout strategy using the Ichimoku Kinko Hyo indicator and the Awesome Oscillator. We walk through the process of initializing indicator handles, detecting breakout conditions, and coding automated trade entries and exits. Additionally, we implement trailing stops and position management logic to enhance the EA's performance and adaptability to market conditions.
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Filtering and feature extraction in the frequency domain

Filtering and feature extraction in the frequency domain

In this article we explore the application of digital filters on time series represented in the frequency domain so as to extract unique features that may be useful to prediction models.
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MQL5 Trading Tools (Part 3): Building a Multi-Timeframe Scanner Dashboard for Strategic Trading

MQL5 Trading Tools (Part 3): Building a Multi-Timeframe Scanner Dashboard for Strategic Trading

In this article, we build a multi-timeframe scanner dashboard in MQL5 to display real-time trading signals. We plan an interactive grid interface, implement signal calculations with multiple indicators, and add a close button. The article concludes with backtesting and strategic trading benefits
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Neural networks made easy (Part 37): Sparse Attention

Neural networks made easy (Part 37): Sparse Attention

In the previous article, we discussed relational models which use attention mechanisms in their architecture. One of the specific features of these models is the intensive utilization of computing resources. In this article, we will consider one of the mechanisms for reducing the number of computational operations inside the Self-Attention block. This will increase the general performance of the model.
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Creating an MQL5-Telegram Integrated Expert Advisor (Part 5): Sending Commands from Telegram to MQL5 and Receiving Real-Time Responses

Creating an MQL5-Telegram Integrated Expert Advisor (Part 5): Sending Commands from Telegram to MQL5 and Receiving Real-Time Responses

In this article, we create several classes to facilitate real-time communication between MQL5 and Telegram. We focus on retrieving commands from Telegram, decoding and interpreting them, and sending appropriate responses back. By the end, we ensure that these interactions are effectively tested and operational within the trading environment
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Neural networks made easy (Part 18): Association rules

Neural networks made easy (Part 18): Association rules

As a continuation of this series of articles, let's consider another type of problems within unsupervised learning methods: mining association rules. This problem type was first used in retail, namely supermarkets, to analyze market baskets. In this article, we will talk about the applicability of such algorithms in trading.
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Neural networks made easy (Part 56): Using nuclear norm to drive research

Neural networks made easy (Part 56): Using nuclear norm to drive research

The study of the environment in reinforcement learning is a pressing problem. We have already looked at some approaches previously. In this article, we will have a look at yet another method based on maximizing the nuclear norm. It allows agents to identify environmental states with a high degree of novelty and diversity.
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Neural networks made easy (Part 54): Using random encoder for efficient research (RE3)

Neural networks made easy (Part 54): Using random encoder for efficient research (RE3)

Whenever we consider reinforcement learning methods, we are faced with the issue of efficiently exploring the environment. Solving this issue often leads to complication of the algorithm and training of additional models. In this article, we will look at an alternative approach to solving this problem.
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Build Self Optimizing Expert Advisors in MQL5 (Part 6): Stop Out Prevention

Build Self Optimizing Expert Advisors in MQL5 (Part 6): Stop Out Prevention

Join us in our discussion today as we look for an algorithmic procedure to minimize the total number of times we get stopped out of winning trades. The problem we faced is significantly challenging, and most solutions given in community discussions lack set and fixed rules. Our algorithmic approach to solving the problem increased the profitability of our trades and reduced our average loss per trade. However, there are further advancements to be made to completely filter out all trades that will be stopped out, our solution is a good first step for anyone to try.
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Introduction to MQL5 (Part 6): A Beginner's Guide to Array Functions in MQL5 (II)

Introduction to MQL5 (Part 6): A Beginner's Guide to Array Functions in MQL5 (II)

Embark on the next phase of our MQL5 journey. In this insightful and beginner-friendly article, we'll look into the remaining array functions, demystifying complex concepts to empower you to craft efficient trading strategies. We’ll be discussing ArrayPrint, ArrayInsert, ArraySize, ArrayRange, ArrarRemove, ArraySwap, ArrayReverse, and ArraySort. Elevate your algorithmic trading expertise with these essential array functions. Join us on the path to MQL5 mastery!
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Automating Trading Strategies in MQL5 (Part 15): Price Action Harmonic Cypher Pattern with Visualization

Automating Trading Strategies in MQL5 (Part 15): Price Action Harmonic Cypher Pattern with Visualization

In this article, we explore the automation of the Cypher harmonic pattern in MQL5, detailing its detection and visualization on MetaTrader 5 charts. We implement an Expert Advisor that identifies swing points, validates Fibonacci-based patterns, and executes trades with clear graphical annotations. The article concludes with guidance on backtesting and optimizing the program for effective trading.
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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.
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How to Create an Interactive MQL5 Dashboard/Panel Using the Controls Class (Part 2): Adding Button Responsiveness

How to Create an Interactive MQL5 Dashboard/Panel Using the Controls Class (Part 2): Adding Button Responsiveness

In this article, we focus on transforming our static MQL5 dashboard panel into an interactive tool by enabling button responsiveness. We explore how to automate the functionality of the GUI components, ensuring they react appropriately to user clicks. By the end of the article, we establish a dynamic interface that enhances user engagement and trading experience.
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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.
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Implementing the Generalized Hurst Exponent and the Variance Ratio test in MQL5

Implementing the Generalized Hurst Exponent and the Variance Ratio test in MQL5

In this article, we investigate how the Generalized Hurst Exponent and the Variance Ratio test can be utilized to analyze the behaviour of price series in MQL5.
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Automating Trading Strategies in MQL5 (Part 18): Envelopes Trend Bounce Scalping - Core Infrastructure and Signal Generation (Part I)

Automating Trading Strategies in MQL5 (Part 18): Envelopes Trend Bounce Scalping - Core Infrastructure and Signal Generation (Part I)

In this article, we build the core infrastructure for the Envelopes Trend Bounce Scalping Expert Advisor in MQL5. We initialize envelopes and other indicators for signal generation. We set up backtesting to prepare for trade execution in the next part.
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Risk manager for algorithmic trading

Risk manager for algorithmic trading

The objectives of this article are to prove the necessity of using a risk manager and to implement the principles of controlled risk in algorithmic trading in a separate class, so that everyone can verify the effectiveness of the risk standardization approach in intraday trading and investing in financial markets. In this article, we will create a risk manager class for algorithmic trading. This is a logical continuation of the previous article in which we discussed the creation of a risk manager for manual trading.
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Build Self Optimizing Expert Advisors in MQL5  (Part 3): Dynamic Trend Following and Mean Reversion Strategies

Build Self Optimizing Expert Advisors in MQL5 (Part 3): Dynamic Trend Following and Mean Reversion Strategies

Financial markets are typically classified as either in a range mode or a trending mode. This static view of the market may make it easier for us to trade in the short run. However, it is disconnected from the reality of the market. In this article, we look to better understand how exactly financial markets move between these 2 possible modes and how we can use our new understanding of market behavior to gain confidence in our algorithmic trading strategies.
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