MetaTrader 5 has received one of its biggest feature updates in recent years. The platform now integrates a full-fledged AI Assistant with support for the Model Context Protocol (MCP), allowing it to work directly with market data, the trading terminal, and MetaEditor. A subsequent update expanded the AI’s capabilities, enabling it to interact with chart indicators as well.
Unlike a regular chatbot, the new assistant can independently break a task down into a sequence of actions and use MetaTrader 5 tools to complete it. According to MetaQuotes, in just three weeks after its launch, users processed more than 1 trillion tokens through the free MQL5 Lite model, highlighting strong interest in the new feature among traders and developers.
What can AI now do in MetaTrader 5?
- Analyze the market. AI Assistant has access to quotes and charts and can assess the current market situation for an instrument, analyze price history, open positions, and completed trades. The assistant can identify risky positions and generate analytical reports.
- Work with charts. Following the Build 6090 update, AI gained the ability to add indicators directly to charts, as well as access a list of available indicators and their parameters. This makes it possible to use natural language for more advanced technical analysis.
- Create trading robots. In MetaEditor, the assistant can write an MQL5 program based on a text description, identify errors in existing code, make changes, compile the program, and check the result. In other words, AI can now assist not only with individual code fragments but also with entire projects.
- Connect external AI systems. Thanks to MCP, MetaTrader 5 can connect compatible solutions, including OpenAI Codex and Claude Code. Users can also use their own API keys for OpenAI, Anthropic, Gemini, DeepSeek, Ollama, and other providers.
The developers have paid particular attention to controlling trading operations. Users can completely prohibit AI from executing such actions, allow them, or require mandatory manual confirmation. This means the final decision on a trade remains with the trader.
How to use the new functionality:
- Use the desktop version of MT5 Build 6090 on Windows 10/11.
- Go to Help → About and check the build number. You need at least Build 6060, while Build 6090 or newer is recommended. The assistant is disabled on Windows 7.
- Log in to your MQL5.community account via Tools → Options → Community. This is a separate account and is not the same as your trading account login.
- Go to Tools → Options → AI Assistant.
For market analysis, simply open AI Assistant in the terminal and enter a request in natural language, for example: “Analyze EURUSD on H1, identify the trend and the nearest support and resistance levels.” The assistant can also analyze open positions, trade history, and instruments available in Market Watch.
Use the new MetaTrader 5 capabilities in your trading! The updated platform offers a more advanced set of tools for market analysis, algorithmic trading, and working with AI.
