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.

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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

How to Create Your Own Trailing Stop

The basic rule of trader - let profit to grow, cut off losses! This article considers one of the basic techniques, allowing to follow this rule - moving the protective stop level (Stop loss level)

The Optimal Method for Calculation of Total Position Volume by Specified Magic Number

The problem of calculation of the total position volume of the specified symbol and magic number is considered in this article. The proposed method requests only the minimum necessary part of the

Processing of trade events in Expert Advisor using the OnTrade() function

MQL5 gave a mass of innovations, including work with events of various types (timer events, trade events, custom events, etc.). Ability to handle events allows you to create completely new type of

The Use of ORDER_MAGIC for Trading with Different Expert Advisors on a Single Instrument

This article considers the questions of information coding, using the magic-identification, as well as the division, assembly, and synchronization of automatic trading of different Expert Advisors

Writing an Expert Advisor Using the MQL5 Object-Oriented Programming Approach

This article focuses on the object oriented approach to doing what we did in the article "Step-By-Step Guide to writing an Expert Advisor in MQL5 for Beginners" - creating a simple Expert Advisor

Functions for Money Management in an Expert Advisor

The development of trading strategies primarily focuses on searching for patterns for entering and exiting the market, as well as maintaining positions. If we are able to formalize some patterns into

Creating an Expert Advisor, which Trades on a Number of Instruments

The concept of diversification of assets on financial markets is quiet old, and has always attracted beginner traders. In this article, the author proposes a maximally simple approach to a

An Example of a Trading System Based on a Heiken-Ashi Indicator

In this article we look into the question of using a Heiken-Ashi indicator in trading. Based on this indicator, a simple trading system is considered and an MQL5 Expert Advisor is written. Trading

Step-By-Step Guide to writing an Expert Advisor in MQL5 for Beginners

The Expert Advisors programming in MQL5 is simple, and you can learn it easy. In this step by step guide, you will see the basic steps required in writing a simple Expert Advisor based on a developed

MQL for "Dummies": How to Design and Construct Object Classes

By creating a sample program of visual design, we demonstrate how to design and construct classes in MQL5. The article is written for beginner programmers, who are working on MT5 applications. We

Creating Active Control Panels in MQL5 for Trading

The article covers the problem of development of active control panels in MQL5. Interface elements are managed by the event handling mechanism. Besides, the option of a flexible setup of control

A Virtual Order Manager to track orders within the position-centric MetaTrader 5 environment

This class library can be added to an MetaTrader 5 Expert Advisor to enable it to be written with an order-centric approach broadly similar to MetaTrader 4, in comparison to the position-based

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

MQL5 for Newbies: Guide to Using Technical Indicators in Expert Advisors

In order to obtain values of a built-in or custom indicator in an Expert Advisor, first its handle should be created using the corresponding function. Examples in the article show how to use this or