MT5’s Major Update: AI Assistant Built In — A New Generation of Trading Begins

In July 2026, MetaTrader 5 (MT5) finally received its long-awaited AI Assistant.

This is not simply a case of “MT5 now has AI.” It could become a major turning point that changes the trading environment itself.

This is also not just a ChatGPT-like AI chat window added to MT5.

The AI can understand your positions,b account information, and chart data. It can also control MT5 by placing orders, setting stop levels, and changing chart settings.

It can even recognize indicators and signal tools displayed on the chart. Tools with unclear or questionable performance may soon be exposed more easily. Even traders without programming knowledge can ask AI to investigate potential problems.

This is more than a chatbot. It may be fair to say that MetaTrader itself has entered an era where it can communicate with AI — and it is available for free.

In this article, I will share my first impressions and some of the features that surprised me when I actually tried it.

The AI Can See Your Chart 👀

Traditional generative AI cannot understand your trading situation unless you explain it in text.

For example:

“USDJPY is in an uptrend on the daily chart…”

“RSI is above 70…”

Only after providing this information can the AI give you an answer.

The MT5 AI Assistant is different.

It can access the currently open charts and account information, including:

• Current positions
• Symbol
• Entry price
• Floating profit or loss
• Margin level
• Chart information

It can then use this information when answering your questions.

For example, you can simply ask:

“What do you think about BTCUSD right now?”

The AI can answer while considering your current position and trading environment.

That is a major difference from conventional generative AI.

It Can Recognize Indicators and Signal Tools 📊

This was perhaps the most surprising part.

The AI Assistant could also recognize indicators displayed on the chart.

In my environment, I had my own indicator, “ArwByIdx_rcm,” running on the chart.

The AI was able to identify:

• The indicator name
• Its parameters
• Its current settings

It even suggested something like:

“Would you like to backtest it using the past three months of data?”

That sentence alone might make some developers freeze.

AI may be able to objectively analyze the logic and behavior of signal tools and even evaluate their performance.

Even people who cannot program can potentially discover problems with a signal simply by asking the AI questions.

At this point, it may be reasonable to say that you have an advisor for choosing trading tools.

It Can Even Change Chart Settings ⚙️

The AI can also change chart settings and operate templates.

For example, you can ask it to:

• “Show the order lines.”
• “Add [something] to the chart.”
• And it can carry out the request.
• You can also ask:
• “Where would be a good place for the stop?”

The AI may respond with something like: “There is a double bottom around XX, so a stop around XX below that level may be appropriate.”

Then you can simply say: “Okay, place the stop order there.”

The AI Assistant can send the command to MT5 and actually modify the order.

At this point, it is more accurate to call it an AI that operates MetaTrader, rather than simply an AI that answers questions.

Many traders have started using one monitor for a generative AI assistant while trading on another monitor.

MT5 appears to be moving toward integrating both functions into a single environment — including order execution.

Honestly, I Did Not Expect This Much 🤯

I have only started experimenting with it, but I have already tried a variety of functions.

At first, I thought, “Apparently MT5 has an AI chat feature now.”

In reality, however, the AI goes much deeper into MetaTrader than I expected.

• It can see the chart.
• It can see positions.
• It can recognize indicators.
• It can analyze source code.
• It can write MQL.
• It can change settings.

If it can do all of this, there is little doubt that the way we use MT5 will change.

However, after using it more, I also found that it is not perfect.

There are things it is not as good at as I expected, while other functions made me think, “It can do that too?”

There were even moments when I thought, “Wait, the AI actually made that mistake?”

In the next article, I will look at the features that were genuinely useful and the things the AI still struggles with, based on actual use rather than expectations.

The AI era of MetaTrader may have already begun.