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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Creating an EA that works automatically (Part 04): Manual triggers (I)

Creating an EA that works automatically (Part 04): Manual triggers (I)

Today we'll see how to create an Expert Advisor that simply and safely works in automatic mode.
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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.
Creating a "Snake" Game in MQL5
Creating a "Snake" Game in MQL5

Creating a "Snake" Game in MQL5

This article describes an example of "Snake" game programming. In MQL5, the game programming became possible primarily due to event handling features. The object-oriented programming greatly simplifies this process. In this article, you will learn the event processing features, the examples of use of the Standard MQL5 Library classes and details of periodic function calls.
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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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Timeseries in DoEasy library (part 56): Custom indicator object, get data from indicator objects in the collection

Timeseries in DoEasy library (part 56): Custom indicator object, get data from indicator objects in the collection

The article considers creation of the custom indicator object for the use in EAs. Let’s slightly improve library classes and add methods to get data from indicator objects in EAs.
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Understanding Programming Paradigms (Part 1): A Procedural Approach to Developing a Price Action Expert Advisor

Understanding Programming Paradigms (Part 1): A Procedural Approach to Developing a Price Action Expert Advisor

Learn about programming paradigms and their application in MQL5 code. This article explores the specifics of procedural programming, offering hands-on experience through a practical example. You'll learn how to develop a price action expert advisor using the EMA indicator and candlestick price data. Additionally, the article introduces you to the functional programming paradigm.
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How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 4): Triangular moving average — Indicator Signals

How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 4): Triangular moving average — Indicator Signals

The Multi-Currency Expert Advisor in this article is Expert Advisor or trading robot that can trade (open orders, close orders and manage orders for example: Trailing Stop Loss and Trailing Profit) for more than one symbol pair only from one symbol chart. This time we will use only 1 indicator, namely Triangular moving average in multi-timeframes or single timeframe.
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Automating Trading Strategies in MQL5 (Part 29): Creating a price action Gartley Harmonic Pattern system

Automating Trading Strategies in MQL5 (Part 29): Creating a price action Gartley Harmonic Pattern system

In this article, we develop a Gartley Pattern system in MQL5 that identifies bullish and bearish Gartley harmonic patterns using pivot points and Fibonacci ratios, executing trades with precise entry, stop loss, and take-profit levels. We enhance trader insight with visual feedback through chart objects like triangles, trendlines, and labels to clearly display the XABCD pattern structure.
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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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From Novice to Expert: Trading the RSI with Market Structure Awareness

From Novice to Expert: Trading the RSI with Market Structure Awareness

In this article, we will explore practical techniques for trading the Relative Strength Index (RSI) oscillator with market structure. Our focus will be on channel price action patterns, how they are typically traded, and how MQL5 can be leveraged to enhance this process. By the end, you will have a rule-based, automated channel-trading system designed to capture trend continuation opportunities with greater precision and consistency.
MQL5 Cookbook: Reducing the Effect of Overfitting and Handling the Lack of Quotes
MQL5 Cookbook: Reducing the Effect of Overfitting and Handling the Lack of Quotes

MQL5 Cookbook: Reducing the Effect of Overfitting and Handling the Lack of Quotes

Whatever trading strategy you use, there will always be a question of what parameters to choose to ensure future profits. This article gives an example of an Expert Advisor with a possibility to optimize multiple symbol parameters at the same time. This method is intended to reduce the effect of overfitting parameters and handle situations where data from a single symbol are not enough for the study.
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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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Non-linear indicators

Non-linear indicators

In this article, I will make an attempt to consider some ways of building non-linear indicators and their use in trading. There are quite a few indicators in the MetaTrader trading platform that use non-linear approaches.
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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.
Other classes in DoEasy library (Part 68): Chart window object class and indicator object classes in the chart window
Other classes in DoEasy library (Part 68): Chart window object class and indicator object classes in the chart window

Other classes in DoEasy library (Part 68): Chart window object class and indicator object classes in the chart window

In this article, I will continue the development of the chart object class. I will add the list of chart window objects featuring the lists of available indicators.
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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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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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Automating Trading Strategies in MQL5 (Part 31): Creating a Price Action 3 Drives Harmonic Pattern System

Automating Trading Strategies in MQL5 (Part 31): Creating a Price Action 3 Drives Harmonic Pattern System

In this article, we develop a 3 Drives Pattern system in MQL5 that identifies bullish and bearish 3 Drives harmonic patterns using pivot points and Fibonacci ratios, executing trades with customizable entry, stop loss, and take-profit levels based on user-selected options. We enhance trader insight with visual feedback through chart objects.
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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.
Other classes in DoEasy library (Part 71): Chart object collection events
Other classes in DoEasy library (Part 71): Chart object collection events

Other classes in DoEasy library (Part 71): Chart object collection events

In this article, I will create the functionality for tracking some chart object events — adding/removing symbol charts and chart subwindows, as well as adding/removing/changing indicators in chart windows.
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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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 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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Implementing the Deus EA: Automated Trading with RSI and Moving Averages in MQL5

Implementing the Deus EA: Automated Trading with RSI and Moving Averages in MQL5

This article outlines the steps to implement the Deus EA based on the RSI and Moving Average indicators for guiding automated trading.
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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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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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Building AI-Powered Trading Systems in MQL5 (Part 2): Developing a ChatGPT-Integrated Program with User Interface

Building AI-Powered Trading Systems in MQL5 (Part 2): Developing a ChatGPT-Integrated Program with User Interface

In this article, we develop a ChatGPT-integrated program in MQL5 with a user interface, leveraging the JSON parsing framework from Part 1 to send prompts to OpenAI’s API and display responses on a MetaTrader 5 chart. We implement a dashboard with an input field, submit button, and response display, handling API communication and text wrapping for user interaction.
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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 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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Neural Networks in Trading: A Hybrid Trading Framework with Predictive Coding (StockFormer)

Neural Networks in Trading: A Hybrid Trading Framework with Predictive Coding (StockFormer)

In this article, we will discuss the hybrid trading system StockFormer, which combines predictive coding and reinforcement learning (RL) algorithms. The framework uses 3 Transformer branches with an integrated Diversified Multi-Head Attention (DMH-Attn) mechanism that improves on the vanilla attention module with a multi-headed Feed-Forward block, allowing it to capture diverse time series patterns across different subspaces.
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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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 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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Automating The Market Sentiment Indicator

Automating The Market Sentiment Indicator

In this article, we automate a custom market sentiment indicator that classifies market conditions into bullish, bearish, risk-on, risk-off, and neutral. The Expert Advisor delivers real-time insights into prevailing sentiment while streamlining the analysis process for current market trends or direction.
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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 30): Creating a Price Action AB-CD Harmonic Pattern with Visual Feedback

Automating Trading Strategies in MQL5 (Part 30): Creating a Price Action AB-CD Harmonic Pattern with Visual Feedback

In this article, we develop an AB=CD Pattern EA in MQL5 that identifies bullish and bearish AB=CD harmonic patterns using pivot points and Fibonacci ratios, executing trades with precise entry, stop loss, and take-profit levels. We enhance trader insight with visual feedback through chart objects.
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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.
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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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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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!