Articles with examples of trading robots developed in MQL5

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.

latest | best

MQL5 Cookbook: Multi-Currency Expert Advisor - Simple, Neat and Quick Approach

This article will describe an implementation of a simple approach suitable for a multi-currency Expert Advisor. This means that you will be able to set up the Expert Advisor for testing/trading under...

MQL5 Cookbook: Developing a Framework for a Trading System Based on the Triple Screen Strategy

In this article, we will develop a framework for a trading system based on the Triple Screen strategy in MQL5. The Expert Advisor will not be developed from scratch. Instead, we will simply modify the...

MQL5 Cookbook: Using Indicators to Set Trading Conditions in Expert Advisors

In this article, we will continue to modify the Expert Advisor we have been working on throughout the preceding articles of the MQL5 Cookbook series. This time, the Expert Advisor will be enhanced...

MQL5 Cookbook: The History of Deals And Function Library for Getting Position Properties

It is time to briefly summarize the information provided in the previous articles on position properties. In this article, we will create a few additional functions to get the properties that can only...

MQL5 Programming Basics: Time

The article focuses on standard MQL5 functions for working with time, as well as programming techniques and practically useful functions for working with time that are required when creating Expert...

Debugging MQL5 Programs

This article is intended primarily for the programmers who have already learned the language but have not fully mastered the program development yet. It reveals some debugging techniques and presents...

MQL5 Cookbook: How to Avoid Errors When Setting/Modifying Trade Levels

In continuation of our work on the Expert Advisor from the previous article of the series called "MQL5 Cookbook: Analyzing Position Properties in the MetaTrader 5 Strategy Tester", we will enhance it...

MQL5 Cookbook: Analyzing Position Properties in the MetaTrader 5 Strategy Tester

We will present a modified version of the Expert Advisor from the previous article "MQL5 Cookbook: Position Properties on the Custom Info Panel". Some of the issues we will address include getting...

MQL5 Cookbook: Position Properties on the Custom Info Panel

This time we will create a simple Expert Advisor that will get position properties on the current symbol and display them on the custom info panel during manual trading. The info panel will be created...

Change Expert Advisor Parameters From the User Panel "On the Fly"

This article provides a small example demonstrating the implementation of an Expert Advisor whose parameters can be controlled from the user panel. When changing the parameters "on the fly", the...

Order Strategies. Multi-Purpose Expert Advisor

This article centers around strategies that actively use pending orders, a metalanguage that can be created to formally describe such strategies and the use of a multi-purpose Expert Advisor whose...

Neural Networks: From Theory to Practice

Nowadays, every trader must have heard of neural networks and knows how cool it is to use them. The majority believes that those who can deal with neural networks are some kind of superhuman. In this...

How Secure Is It to Buy MQL5 Market Products?

We have launched the service for selling MetaTrader 5 trading applications paying much attention to security issues. We have minimized all associated risks to allow you to concentrate on more...

A Quick Start Or a Short Guide for Beginners

Hello dear reader! In this article, I will try to explain and show you how you can easily and quickly get the hang of the principles of creating Expert Advisors, working with indicators, etc. It is...

Trade Operations in MQL5 - It's Easy

Almost all traders come to market to make money but some traders also enjoy the process itself. However, it is not only manual trading that can provide you with an exciting experience. Automated...

Application of the Eigen-Coordinates Method to Structural Analysis of Nonextensive Statistical Distributions

The major problem of applied statistics is the problem of accepting statistical hypotheses. It was long considered impossible to be solved. The situation has changed with the emergence of the...

AutoElliottWaveMaker - MetaTrader 5 Tool for Semi-Automatic Analysis of Elliott Waves

The article provides a review of AutoElliottWaveMaker - the first development for Elliott Wave analysis in MetaTrader 5 that represents a combination of manual and automatic wave labeling. The wave...

How to Develop an Expert Advisor using UML Tools

This article discusses creation of Expert Advisors using the UML graphical language, which is used for visual modeling of object-oriented software systems. The main advantage of this approach is the...

Simple Trading Systems Using Semaphore Indicators

If we thoroughly examine any complex trading system, we will see that it is based on a set of simple trading signals. Therefore, there is no need for novice developers to start writing complex...

Trademinator 3: Rise of the Trading Machines

In the article "Dr. Tradelove..." we created an Expert Advisor, which independently optimizes parameters of a pre-selected trading system. Moreover, we decided to create an Expert Advisor that can not...

Creating Expert Advisors Using Expert Advisor Visual Wizard

Expert Advisor Visual Wizard for MetaTrader 5 provides a highly intuitive graphical environment with a comprehensive set of predefined trading blocks that let you design Expert Advisors in minutes....

Dr. Tradelove or How I Stopped Worrying and Created a Self-Training Expert Advisor

Just over a year ago joo, in his article "Genetic Algorithms - It's Easy!", gave us a tool for implementation of the genetic algorithm in MQL5. Now utilizing the tool we will create an Expert Advisor...

Creating MQL5 Expert Advisors in minutes using EA Tree: Part One

EA Tree is the first drag and drop MetaTrader MQL5 Expert Advisor builder. You can create complex MQL5 using a very easy to use graphical user interface. In EA Tree, Expert Advisors are created by...

Using Self-Organizing Feature Maps (Kohonen Maps) in MetaTrader 5

One of the most interesting aspects of Self-Organizing Feature Maps (Kohonen maps) is that they learn to classify data without supervision. In its basic form it produces a similarity map of input data...

The Fundamentals of Testing in MetaTrader 5

What are the differences between the three modes of testing in MetaTrader 5, and what should be particularly looked for? How does the testing of an EA, trading simultaneously on multiple instruments,...

MQL5 Wizard: New Version

The article contains descriptions of the new features available in the updated MQL5 Wizard. The modified architecture of signals allow creating trading robots based on the combination of various...

The Indicators of the Micro, Middle and Main Trends

The aim of this article is to investigate the possibilities of trade automation and the analysis, on the basis of some ideas from a book by James Hyerczyk "Pattern, Price & Time: Using Gann Theory in...

Parallel Calculations in MetaTrader 5

Time has been a great value throughout the history of mankind, and we strive not to waste it unnecessarily. This article will tell you how to accelerate the work of your Expert Advisor if your...

Connecting NeuroSolutions Neuronets

In addition to creation of neuronets, the NeuroSolutions software suite allows exporting them as DLLs. This article describes the process of creating a neuronet, generating a DLL and connecting it to...

MQL5 Wizard: How to Create a Module of Trailing of Open Positions

The generator of trade strategies MQL5 Wizard greatly simplifies the testing of trading ideas. The article discusses how to write and connect to the generator of trade strategies MQL5 Wizard your own...

MQL5 Wizard: How to Create a Risk and Money Management Module

The generator of trading strategies of the MQL5 Wizard greatly simplifies testing of trading ideas. The article describes how to develop a custom risk and money management module and enable it in the...

Creating Multi-Expert Advisors on the basis of Trading Models

Using the object-oriented approach in MQL5 greatly simplifies the creation of multi-currency/multi-system /multi-time-frame Expert Advisors. Just imagine, your single EA trades on several dozens of...

MQL5 Wizard: How to Create a Module of Trading Signals

The article discusses how to write your own class of trading signals with the implementation of signals on the crossing of the price and the moving average, and how to include it to the generator of...

MQL5 Wizard: Creating Expert Advisors without Programming

Do you want to try out a trading strategy while wasting no time for programming? In MQL5 Wizard you can simply select the type of trading signals, add modules of trailing positions and money...

Simulink: a Guide for the Developers of Expert Advisors

I am not a professional programmer. And thus, the principle of "going from the simple to the complex" is of primary importance to me when I am working on trading system development. What exactly is...

The Use of the MQL5 Standard Trade Class libraries in writing an Expert Advisor

This article explains how to use the major functionalities of the MQL5 Standard Library Trade Classes in writing Expert Advisors which implements position closing and modifying, pending order placing...

Building interactive semi-automatic drag-and-drop Expert Advisor based on predefined risk and R/R ratio

Some traders execute all their trades automatically, and some mix automatic and manual trades based on the output of several indicators. Being a member of the latter group I needed an interactive tool...

Guide to Testing and Optimizing of Expert Advisors in MQL5

This article explains the step by step process of identifying and resolving code errors as well as the steps in testing and optimizing of the Expert Advisor input parameters. You will learn how to use...

Several Ways of Finding a Trend in MQL5

Any trader would give a lot for opportunity to accurately detect a trend at any given time. Perhaps, this is the Holy Grail that everyone is looking for. In this article we will consider several ways...

How to Quickly Create an Expert Advisor for Automated Trading Championship 2010

In order to develop an expert to participate in Automated Trading Championship 2010, let's use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task, because for...