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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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 in Trading: Contrastive Pattern Transformer

Neural Networks in Trading: Contrastive Pattern Transformer

The Contrastive Transformer is designed to analyze markets both at the level of individual candlesticks and based on entire patterns. This helps improve the quality of market trend modeling. Moreover, the use of contrastive learning to align representations of candlesticks and patterns fosters self-regulation and improves the accuracy of forecasts.
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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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Neural Networks in Trading: Market Analysis Using a Pattern Transformer

Neural Networks in Trading: Market Analysis Using a Pattern Transformer

When we use models to analyze the market situation, we mainly focus on the candlestick. However, it has long been known that candlestick patterns can help in predicting future price movements. In this article, we will get acquainted with a method that allows us to integrate both of these approaches.
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Trading with the MQL5 Economic Calendar (Part 10): Draggable Dashboard and Interactive Hover Effects for Seamless News Navigation

Trading with the MQL5 Economic Calendar (Part 10): Draggable Dashboard and Interactive Hover Effects for Seamless News Navigation

In this article, we enhance the MQL5 Economic Calendar by introducing a draggable dashboard that allows us to reposition the interface for better chart visibility. We implement hover effects for buttons to improve interactivity and ensure seamless navigation with a dynamically positioned scrollbar.
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Neural Networks in Trading: Transformer with Relative Encoding

Neural Networks in Trading: Transformer with Relative Encoding

Self-supervised learning can be an effective way to analyze large amounts of unlabeled data. The efficiency is provided by the adaptation of models to the specific features of financial markets, which helps improve the effectiveness of traditional methods. This article introduces an alternative attention mechanism that takes into account the relative dependencies and relationships between inputs.
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From Novice to Expert: Auto-Geometric Analysis System

From Novice to Expert: Auto-Geometric Analysis System

Geometric patterns offer traders a concise way to interpret price action. Many analysts draw trend lines, rectangles, and other shapes by hand, and then base trading decisions on the formations they see. In this article, we explore an automated alternative: harnessing MQL5 to detect and analyze the most popular geometric patterns. We’ll break down the methodology, discuss implementation details, and highlight how automated pattern recognition can sharpen a trader's market insights.
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Neural Networks in Trading: Controlled Segmentation (Final Part)

Neural Networks in Trading: Controlled Segmentation (Final Part)

We continue the work started in the previous article on building the RefMask3D framework using MQL5. This framework is designed to comprehensively study multimodal interaction and feature analysis in a point cloud, followed by target object identification based on a description provided in natural language.
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Neural Networks in Trading: Controlled Segmentation

Neural Networks in Trading: Controlled Segmentation

In this article. we will discuss a method of complex multimodal interaction analysis and feature understanding.
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Trading with the MQL5 Economic Calendar (Part 9): Elevating News Interaction with a Dynamic Scrollbar and Polished Display

Trading with the MQL5 Economic Calendar (Part 9): Elevating News Interaction with a Dynamic Scrollbar and Polished Display

In this article, we enhance the MQL5 Economic Calendar with a dynamic scrollbar for intuitive news navigation. We ensure seamless event display and efficient updates. We validate the responsive scrollbar and polished dashboard through testing.
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Neural Networks in Trading: Generalized 3D Referring Expression Segmentation

Neural Networks in Trading: Generalized 3D Referring Expression Segmentation

While analyzing the market situation, we divide it into separate segments, identifying key trends. However, traditional analysis methods often focus on one aspect and thus limit the proper perception. In this article, we will learn about a method that enables the selection of multiple objects to ensure a more comprehensive and multi-layered understanding of the situation.
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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.
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Trading with the MQL5 Economic Calendar (Part 8): Optimizing News-Driven Backtesting with Smart Event Filtering and Targeted Logs

Trading with the MQL5 Economic Calendar (Part 8): Optimizing News-Driven Backtesting with Smart Event Filtering and Targeted Logs

In this article, we optimize our economic calendar with smart event filtering and targeted logging for faster, clearer backtesting in live and offline modes. We streamline event processing and focus logs on critical trade and dashboard events, enhancing strategy visualization. These improvements enable seamless testing and refinement of news-driven trading strategies.
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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 in Trading: Mask-Attention-Free Approach to Price Movement Forecasting

Neural Networks in Trading: Mask-Attention-Free Approach to Price Movement Forecasting

In this article, we will discuss the Mask-Attention-Free Transformer (MAFT) method and its application in the field of trading. Unlike traditional Transformers that require data masking when processing sequences, MAFT optimizes the attention process by eliminating the need for masking, significantly improving computational efficiency.
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Raw Code Optimization and Tweaking for Improving Back-Test Results

Raw Code Optimization and Tweaking for Improving Back-Test Results

Enhance your MQL5 code by optimizing logic, refining calculations, and reducing execution time to improve back-test accuracy. Fine-tune parameters, optimize loops, and eliminate inefficiencies for better performance.
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MQL5 Trading Tools (Part 2): Enhancing the Interactive Trade Assistant with Dynamic Visual Feedback

MQL5 Trading Tools (Part 2): Enhancing the Interactive Trade Assistant with Dynamic Visual Feedback

In this article, we upgrade our Trade Assistant Tool by adding drag-and-drop panel functionality and hover effects to make the interface more intuitive and responsive. We refine the tool to validate real-time order setups, ensuring accurate trade configurations relative to market prices. We also backtest these enhancements to confirm their reliability.
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Forecasting exchange rates using classic machine learning methods: Logit and Probit models

Forecasting exchange rates using classic machine learning methods: Logit and Probit models

In the article, an attempt is made to build a trading EA for predicting exchange rate quotes. The algorithm is based on classical classification models - logistic and probit regression. The likelihood ratio criterion is used as a filter for trading signals.
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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.
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Neural Networks in Trading: Superpoint Transformer (SPFormer)

Neural Networks in Trading: Superpoint Transformer (SPFormer)

In this article, we introduce a method for segmenting 3D objects based on Superpoint Transformer (SPFormer), which eliminates the need for intermediate data aggregation. This speeds up the segmentation process and improves the performance of the model.
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Automating Trading Strategies in MQL5 (Part 16): Midnight Range Breakout with Break of Structure (BoS) Price Action

Automating Trading Strategies in MQL5 (Part 16): Midnight Range Breakout with Break of Structure (BoS) Price Action

In this article, we automate the Midnight Range Breakout with Break of Structure strategy in MQL5, detailing code for breakout detection and trade execution. We define precise risk parameters for entries, stops, and profits. Backtesting and optimization are included for practical trading.
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Creating Dynamic MQL5 Graphical Interfaces through Resource-Driven Image Scaling with Bicubic Interpolation on Trading Charts

Creating Dynamic MQL5 Graphical Interfaces through Resource-Driven Image Scaling with Bicubic Interpolation on Trading Charts

In this article, we explore dynamic MQL5 graphical interfaces, using bicubic interpolation for high-quality image scaling on trading charts. We detail flexible positioning options, enabling dynamic centering or corner anchoring with custom offsets.
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Building a Custom Market Regime Detection System in MQL5 (Part 2): Expert Advisor

Building a Custom Market Regime Detection System in MQL5 (Part 2): Expert Advisor

This article details building an adaptive Expert Advisor (MarketRegimeEA) using the regime detector from Part 1. It automatically switches trading strategies and risk parameters for trending, ranging, or volatile markets. Practical optimization, transition handling, and a multi-timeframe indicator are included.
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Websockets for MetaTrader 5: Asynchronous client connections with the Windows API

Websockets for MetaTrader 5: Asynchronous client connections with the Windows API

This article details the development of a custom dynamically linked library designed to facilitate asynchronous websocket client connections for MetaTrader programs.
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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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Neural Networks in Trading: Exploring the Local Structure of Data

Neural Networks in Trading: Exploring the Local Structure of Data

Effective identification and preservation of the local structure of market data in noisy conditions is a critical task in trading. The use of the Self-Attention mechanism has shown promising results in processing such data; however, the classical approach does not account for the local characteristics of the underlying structure. In this article, I introduce an algorithm capable of incorporating these structural dependencies.
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Creating a Trading Administrator Panel in MQL5 (Part X): External resource-based interface

Creating a Trading Administrator Panel in MQL5 (Part X): External resource-based interface

Today, we are harnessing the capabilities of MQL5 to utilize external resources—such as images in the BMP format—to create a uniquely styled home interface for the Trading Administrator Panel. The strategy demonstrated here is particularly useful when packaging multiple resources, including images, sounds, and more, for streamlined distribution. Join us in this discussion as we explore how these features are implemented to deliver a modern and visually appealing interface for our New_Admin_Panel EA.
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Neural Networks in Trading: Scene-Aware Object Detection (HyperDet3D)

Neural Networks in Trading: Scene-Aware Object Detection (HyperDet3D)

We invite you to get acquainted with a new approach to detecting objects using hypernetworks. A hypernetwork generates weights for the main model, which allows taking into account the specifics of the current market situation. This approach allows us to improve forecasting accuracy by adapting the model to different trading conditions.
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Trading with the MQL5 Economic Calendar (Part 7): Preparing for Strategy Testing with Resource-Based News Event Analysis

Trading with the MQL5 Economic Calendar (Part 7): Preparing for Strategy Testing with Resource-Based News Event Analysis

In this article, we prepare our MQL5 trading system for strategy testing by embedding economic calendar data as a resource for non-live analysis. We implement event loading and filtering for time, currency, and impact, then validate it in the Strategy Tester. This enables effective backtesting of news-driven strategies.
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Neural Networks in Trading: Transformer for the Point Cloud (Pointformer)

Neural Networks in Trading: Transformer for the Point Cloud (Pointformer)

In this article, we will talk about algorithms for using attention methods in solving problems of detecting objects in a point cloud. Object detection in point clouds is important for many real-world applications.
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Formulating Dynamic Multi-Pair EA (Part 2): Portfolio Diversification and Optimization

Formulating Dynamic Multi-Pair EA (Part 2): Portfolio Diversification and Optimization

Portfolio Diversification and Optimization strategically spreads investments across multiple assets to minimize risk while selecting the ideal asset mix to maximize returns based on risk-adjusted performance metrics.
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Feature Engineering With Python And MQL5 (Part IV): Candlestick Pattern Recognition With UMAP Regression

Feature Engineering With Python And MQL5 (Part IV): Candlestick Pattern Recognition With UMAP Regression

Dimension reduction techniques are widely used to improve the performance of machine learning models. Let us discuss a relatively new technique known as Uniform Manifold Approximation and Projection (UMAP). This new technique has been developed to explicitly overcome the limitations of legacy methods that create artifacts and distortions in the data. UMAP is a powerful dimension reduction technique, and it helps us group similar candle sticks in a novel and effective way that reduces our error rates on out of sample data and improves our trading performance.
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Manual Backtesting Made Easy: Building a Custom Toolkit for Strategy Tester in MQL5

Manual Backtesting Made Easy: Building a Custom Toolkit for Strategy Tester in MQL5

In this article, we design a custom MQL5 toolkit for easy manual backtesting in the Strategy Tester. We explain its design and implementation, focusing on interactive trade controls. We then show how to use it to test strategies effectively
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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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Neural Networks in Trading: Hierarchical Feature Learning for Point Clouds

Neural Networks in Trading: Hierarchical Feature Learning for Point Clouds

We continue to study algorithms for extracting features from a point cloud. In this article, we will get acquainted with the mechanisms for increasing the efficiency of the PointNet method.
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Creating a Trading Administrator Panel in MQL5 (Part IX): Code Organization (V): AnalyticsPanel Class

Creating a Trading Administrator Panel in MQL5 (Part IX): Code Organization (V): AnalyticsPanel Class

In this discussion, we explore how to retrieve real-time market data and trading account information, perform various calculations, and display the results on a custom panel. To achieve this, we will dive deeper into developing an AnalyticsPanel class that encapsulates all these features, including panel creation. This effort is part of our ongoing expansion of the New Admin Panel EA, introducing advanced functionalities using modular design principles and best practices for code organization.
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Neural Networks in Trading: Point Cloud Analysis (PointNet)

Neural Networks in Trading: Point Cloud Analysis (PointNet)

Direct point cloud analysis avoids unnecessary data growth and improves the performance of models in classification and segmentation tasks. Such approaches demonstrate high performance and robustness to perturbations in the original data.
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Quantitative approach to risk management: Applying VaR model to optimize multi-currency portfolio using Python and MetaTrader 5

Quantitative approach to risk management: Applying VaR model to optimize multi-currency portfolio using Python and MetaTrader 5

This article explores the potential of the Value at Risk (VaR) model for multi-currency portfolio optimization. Using the power of Python and the functionality of MetaTrader 5, we demonstrate how to implement VaR analysis for efficient capital allocation and position management. From theoretical foundations to practical implementation, the article covers all aspects of applying one of the most robust risk calculation systems – VaR – in algorithmic trading.
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Creating a Trading Administrator Panel in MQL5 (Part IX): Code Organization (IV): Trade Management Panel class

Creating a Trading Administrator Panel in MQL5 (Part IX): Code Organization (IV): Trade Management Panel class

This discussion covers the updated TradeManagementPanel in our New_Admin_Panel EA. The update enhances the panel by using built-in classes to offer a user-friendly trade management interface. It includes trading buttons for opening positions and controls for managing existing trades and pending orders. A key feature is the integrated risk management that allows setting stop loss and take profit values directly in the interface. This update improves code organization for large programs and simplifies access to order management tools, which are often complex in the terminal.
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Neural Networks in Trading: Hierarchical Vector Transformer (Final Part)

Neural Networks in Trading: Hierarchical Vector Transformer (Final Part)

We continue studying the Hierarchical Vector Transformer method. In this article, we will complete the construction of the model. We will also train and test it on real historical data.