Articles with examples of trading robots developed in MQL5

icon

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.

Add a new article
latest | best
preview
Neural Networks Made Easy (Part 87): Time Series Patching

Neural Networks Made Easy (Part 87): Time Series Patching

Forecasting plays an important role in time series analysis. In the new article, we will talk about the benefits of time series patching.
preview
Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation

Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation

Dynamic multi pair Expert Advisor leverages both on correlation and inverse correlation strategies to optimize trading performance. By analyzing real-time market data, it identifies and exploits the relationship between currency pairs.
preview
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
preview
Neural Networks Made Easy (Part 86): U-Shaped Transformer

Neural Networks Made Easy (Part 86): U-Shaped Transformer

We continue to study timeseries forecasting algorithms. In this article, we will discuss another method: the U-shaped Transformer.
preview
Neural Networks Made Easy (Part 85): Multivariate Time Series Forecasting

Neural Networks Made Easy (Part 85): Multivariate Time Series Forecasting

In this article, I would like to introduce you to a new complex timeseries forecasting method, which harmoniously combines the advantages of linear models and transformers.
preview
Neural Networks Made Easy (Part 84): Reversible Normalization (RevIN)

Neural Networks Made Easy (Part 84): Reversible Normalization (RevIN)

We already know that pre-processing of the input data plays a major role in the stability of model training. To process "raw" input data online, we often use a batch normalization layer. But sometimes we need a reverse procedure. In this article, we discuss one of the possible approaches to solving this problem.
preview
Creating an MQL5-Telegram Integrated Expert Advisor (Part 4): Modularizing Code Functions for Enhanced Reusability

Creating an MQL5-Telegram Integrated Expert Advisor (Part 4): Modularizing Code Functions for Enhanced Reusability

In this article, we refactor the existing code used for sending messages and screenshots from MQL5 to Telegram by organizing it into reusable, modular functions. This will streamline the process, allowing for more efficient execution and easier code management across multiple instances.
preview
Neural Networks Made Easy (Part 83): The "Conformer" Spatio-Temporal Continuous Attention Transformer Algorithm

Neural Networks Made Easy (Part 83): The "Conformer" Spatio-Temporal Continuous Attention Transformer Algorithm

This article introduces the Conformer algorithm originally developed for the purpose of weather forecasting, which in terms of variability and capriciousness can be compared to financial markets. Conformer is a complex method. It combines the advantages of attention models and ordinary differential equations.
preview
Example of Causality Network Analysis (CNA) and Vector Auto-Regression Model for Market Event Prediction

Example of Causality Network Analysis (CNA) and Vector Auto-Regression Model for Market Event Prediction

This article presents a comprehensive guide to implementing a sophisticated trading system using Causality Network Analysis (CNA) and Vector Autoregression (VAR) in MQL5. It covers the theoretical background of these methods, provides detailed explanations of key functions in the trading algorithm, and includes example code for implementation.
preview
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.
preview
Creating an MQL5-Telegram Integrated Expert Advisor (Part 3): Sending Chart Screenshots with Captions from MQL5 to Telegram

Creating an MQL5-Telegram Integrated Expert Advisor (Part 3): Sending Chart Screenshots with Captions from MQL5 to Telegram

In this article, we create an MQL5 Expert Advisor that encodes chart screenshots as image data and sends them to a Telegram chat via HTTP requests. By integrating photo encoding and transmission, we enhance the existing MQL5-Telegram system with visual trading insights directly within Telegram.
preview
Reimagining Classic Strategies (Part VI): Multiple Time-Frame Analysis

Reimagining Classic Strategies (Part VI): Multiple Time-Frame Analysis

In this series of articles, we revisit classic strategies to see if we can improve them using AI. In today's article, we will examine the popular strategy of multiple time-frame analysis to judge if the strategy would be enhanced with AI.
preview
Reimagining Classic Strategies (Part V): Multiple Symbol Analysis on USDZAR

Reimagining Classic Strategies (Part V): Multiple Symbol Analysis on USDZAR

In this series of articles, we revisit classical strategies to see if we can improve the strategy using AI. In today's article, we will examine a popular strategy of multiple symbol analysis using a basket of correlated securities, we will focus on the exotic USDZAR currency pair.
preview
Reimagining Classic Strategies (Part IV): SP500 and US Treasury Notes

Reimagining Classic Strategies (Part IV): SP500 and US Treasury Notes

In this series of articles, we analyze classical trading strategies using modern algorithms to determine whether we can improve the strategy using AI. In today's article, we revisit a classical approach for trading the SP500 using the relationship it has with US Treasury Notes.
preview
News Trading Made Easy (Part 3): Performing Trades

News Trading Made Easy (Part 3): Performing Trades

In this article, our news trading expert will begin opening trades based on the economic calendar stored in our database. In addition, we will improve the expert's graphics to display more relevant information about upcoming economic calendar events.
preview
Creating an MQL5-Telegram Integrated Expert Advisor (Part 2): Sending Signals from MQL5 to Telegram

Creating an MQL5-Telegram Integrated Expert Advisor (Part 2): Sending Signals from MQL5 to Telegram

In this article, we create an MQL5-Telegram integrated Expert Advisor that sends moving average crossover signals to Telegram. We detail the process of generating trading signals from moving average crossovers, implementing the necessary code in MQL5, and ensuring the integration works seamlessly. The result is a system that provides real-time trading alerts directly to your Telegram group chat.
preview
Example of Auto Optimized Take Profits and Indicator Parameters with SMA and EMA

Example of Auto Optimized Take Profits and Indicator Parameters with SMA and EMA

This article presents a sophisticated Expert Advisor for forex trading, combining machine learning with technical analysis. It focuses on trading Apple stock, featuring adaptive optimization, risk management, and multiple strategies. Backtesting shows promising results with high profitability but also significant drawdowns, indicating potential for further refinement.
preview
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.
preview
Creating an MQL5-Telegram Integrated Expert Advisor (Part 1): Sending Messages from MQL5 to Telegram

Creating an MQL5-Telegram Integrated Expert Advisor (Part 1): Sending Messages from MQL5 to Telegram

In this article, we create an Expert Advisor (EA) in MQL5 to send messages to Telegram using a bot. We set up the necessary parameters, including the bot's API token and chat ID, and then perform an HTTP POST request to deliver the messages. Later, we handle the response to ensure successful delivery and troubleshoot any issues that arise in case of failure. This ensures we send messages from MQL5 to Telegram via the created bot.
preview
Implementing a Bollinger Bands Trading Strategy with MQL5: A Step-by-Step Guide

Implementing a Bollinger Bands Trading Strategy with MQL5: A Step-by-Step Guide

A step-by-step guide to implementing an automated trading algorithm in MQL5 based on the Bollinger Bands trading strategy. A detailed tutorial based on creating an Expert Advisor that can be useful for traders.
preview
Neural networks made easy (Part 82): Ordinary Differential Equation models (NeuralODE)

Neural networks made easy (Part 82): Ordinary Differential Equation models (NeuralODE)

In this article, we will discuss another type of models that are aimed at studying the dynamics of the environmental state.
preview
Build Self Optimizing Expert Advisors With MQL5 And Python (Part II): Tuning Deep Neural Networks

Build Self Optimizing Expert Advisors With MQL5 And Python (Part II): Tuning Deep Neural Networks

Machine learning models come with various adjustable parameters. In this series of articles, we will explore how to customize your AI models to fit your specific market using the SciPy library.
preview
Risk manager for manual trading

Risk manager for manual trading

In this article we will discuss in detail how to write a risk manager class for manual trading from scratch. This class can also be used as a base class for inheritance by algorithmic traders who use automated programs.
preview
Reimagining Classic Strategies (Part III): Forecasting Higher Highs And Lower Lows

Reimagining Classic Strategies (Part III): Forecasting Higher Highs And Lower Lows

In this series article, we will empirically analyze classic trading strategies to see if we can improve them using AI. In today's discussion, we tried to predict higher highs and lower lows using the Linear Discriminant Analysis model.
preview
Developing a multi-currency Expert Advisor (Part 5): Variable position sizes

Developing a multi-currency Expert Advisor (Part 5): Variable position sizes

In the previous parts, the Expert Advisor (EA) under development was able to use only a fixed position size for trading. This is acceptable for testing, but is not advisable when trading on a real account. Let's make it possible to trade using variable position sizes.
preview
Creating a Dynamic Multi-Symbol, Multi-Period Relative Strength Indicator (RSI) Indicator Dashboard in MQL5

Creating a Dynamic Multi-Symbol, Multi-Period Relative Strength Indicator (RSI) Indicator Dashboard in MQL5

In this article, we develop a dynamic multi-symbol, multi-period RSI indicator dashboard in MQL5, providing traders real-time RSI values across various symbols and timeframes. The dashboard features interactive buttons, real-time updates, and color-coded indicators to help traders make informed decisions.
preview
Practicing the development of trading strategies

Practicing the development of trading strategies

In this article, we will make an attempt to develop our own trading strategy. Any trading strategy must be based on some kind of statistical advantage. Moreover, this advantage should exist for a long time.
preview
Neural Networks Made Easy (Part 81): Context-Guided Motion Analysis (CCMR)

Neural Networks Made Easy (Part 81): Context-Guided Motion Analysis (CCMR)

In previous works, we always assessed the current state of the environment. At the same time, the dynamics of changes in indicators always remained "behind the scenes". In this article I want to introduce you to an algorithm that allows you to evaluate the direct change in data between 2 successive environmental states.
preview
Twitter Sentiment Analysis with Sockets

Twitter Sentiment Analysis with Sockets

This innovative trading bot integrates MetaTrader 5 with Python to leverage real-time social media sentiment analysis for automated trading decisions. By analyzing Twitter sentiment related to specific financial instruments, the bot translates social media trends into actionable trading signals. It utilizes a client-server architecture with socket communication, enabling seamless interaction between MT5's trading capabilities and Python's data processing power. The system demonstrates the potential of combining quantitative finance with natural language processing, offering a cutting-edge approach to algorithmic trading that capitalizes on alternative data sources. While showing promise, the bot also highlights areas for future enhancement, including more advanced sentiment analysis techniques and improved risk management strategies.
preview
Neural networks made easy (Part 80): Graph Transformer Generative Adversarial Model (GTGAN)

Neural networks made easy (Part 80): Graph Transformer Generative Adversarial Model (GTGAN)

In this article, I will get acquainted with the GTGAN algorithm, which was introduced in January 2024 to solve complex problems of generation architectural layouts with graph constraints.
preview
Reimagining Classic Strategies (Part II): Bollinger Bands Breakouts

Reimagining Classic Strategies (Part II): Bollinger Bands Breakouts

This article explores a trading strategy that integrates Linear Discriminant Analysis (LDA) with Bollinger Bands, leveraging categorical zone predictions for strategic market entry signals.
preview
Combine Fundamental And Technical Analysis Strategies in MQL5 For Beginners

Combine Fundamental And Technical Analysis Strategies in MQL5 For Beginners

In this article, we will discuss how to integrate trend following and fundamental principles seamlessly into one Expert Advisors to build a strategy that is more robust. This article will demonstrate how easy it is for anyone to get up and running building customized trading algorithms using MQL5.
preview
Introduction to MQL5 (Part 8): Beginner's Guide to Building Expert Advisors (II)

Introduction to MQL5 (Part 8): Beginner's Guide to Building Expert Advisors (II)

This article addresses common beginner questions from MQL5 forums and demonstrates practical solutions. Learn to perform essential tasks like buying and selling, obtaining candlestick prices, and managing automated trading aspects such as trade limits, trading periods, and profit/loss thresholds. Get step-by-step guidance to enhance your understanding and implementation of these concepts in MQL5.
preview
Developing an Expert Advisor (EA) based on the Consolidation Range Breakout strategy in MQL5

Developing an Expert Advisor (EA) based on the Consolidation Range Breakout strategy in MQL5

This article outlines the steps to create an Expert Advisor (EA) that capitalizes on price breakouts after consolidation periods. By identifying consolidation ranges and setting breakout levels, traders can automate their trading decisions based on this strategy. The Expert Advisor aims to provide clear entry and exit points while avoiding false breakouts
preview
Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5

Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5

The article guides in demonstrating an automated algorithm based on EMA Crossovers for MetaTrader 5. Detailed information on all aspects of demonstrating an Expert Advisor in MQL5 and testing it in MetaTrader 5 - from analyzing price range behaviors to risk management.
preview
Creating an Interactive Graphical User Interface in MQL5 (Part 2): Adding Controls and Responsiveness

Creating an Interactive Graphical User Interface in MQL5 (Part 2): Adding Controls and Responsiveness

Enhancing the MQL5 GUI panel with dynamic features can significantly improve the trading experience for users. By incorporating interactive elements, hover effects, and real-time data updates, the panel becomes a powerful tool for modern traders.
preview
Using JSON Data API in your MQL projects

Using JSON Data API in your MQL projects

Imagine that you can use data that is not found in MetaTrader, you only get data from indicators by price analysis and technical analysis. Now imagine that you can access data that will take your trading power steps higher. You can multiply the power of the MetaTrader software if you mix the output of other software, macro analysis methods, and ultra-advanced tools through the ​​API data. In this article, we will teach you how to use APIs and introduce useful and valuable API data services.
preview
How to Integrate Smart Money Concepts (BOS) Coupled with the RSI Indicator into an EA

How to Integrate Smart Money Concepts (BOS) Coupled with the RSI Indicator into an EA

Smart Money Concept (Break Of Structure) coupled with the RSI Indicator to make informed automated trading decisions based on the market structure.
preview
Creating a Daily Drawdown Limiter EA in MQL5

Creating a Daily Drawdown Limiter EA in MQL5

The article discusses, from a detailed perspective, how to implement the creation of an Expert Advisor (EA) based on the trading algorithm. This helps to automate the system in the MQL5 and take control of the Daily Drawdown.
preview
Neural networks made easy (Part 79): Feature Aggregated Queries (FAQ) in the context of state

Neural networks made easy (Part 79): Feature Aggregated Queries (FAQ) in the context of state

In the previous article, we got acquainted with one of the methods for detecting objects in an image. However, processing a static image is somewhat different from working with dynamic time series, such as the dynamics of the prices we analyze. In this article, we will consider the method of detecting objects in video, which is somewhat closer to the problem we are solving.