Articles with examples of trading robots developed in MQL5

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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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Making charts more interesting: Adding a background

Making charts more interesting: Adding a background

Many workstations contain some representative image which shows something about the user. These images make the working environment more beautiful and exciting. Let's see how to make the charts more interesting by adding a background.
Contest of Expert Advisors inside an Expert Advisor
Contest of Expert Advisors inside an Expert Advisor

Contest of Expert Advisors inside an Expert Advisor

Using virtual trading, you can create an adaptive Expert Advisor, which will turn on and off trades at the real market. Combine several strategies in a single Expert Advisor! Your multisystem Expert Advisor will automatically choose a trade strategy, which is the best to trade with at the real market, on the basis of profitability of virtual trades. This kind of approach allows decreasing drawdown and increasing profitability of your work at the market. Experiment and share your results with others! I think many people will be interested to know about your portfolio of strategies.
Movement continuation model - searching on the chart and execution statistics
Movement continuation model - searching on the chart and execution statistics

Movement continuation model - searching on the chart and execution statistics

This article provides programmatic definition of one of the movement continuation models. The main idea is defining two waves — the main and the correction one. For extreme points, I apply fractals as well as "potential" fractals - extreme points that have not yet formed as fractals.
A system of voice notifications for trade events and signals
A system of voice notifications for trade events and signals

A system of voice notifications for trade events and signals

Nowadays, voice assistants play a prominent role in human life, as we often use navigators, voice search and translators. In this article, I will try to develop a simple and user friendly system of voice notifications for various trade events, market states or signals generated by trading signals.
MQL5 Cookbook: Analyzing Position Properties in the MetaTrader 5 Strategy Tester
MQL5 Cookbook: Analyzing Position Properties in the MetaTrader 5 Strategy Tester

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 data from bars, checking for new bar events on the current symbol, including a trade class of the Standard Library to a file, creating a function to search for trading signals and a function for executing trading operations, as well as determining trade events in the OnTrade() function.
Graphical Interfaces IX: The Color Picker Control (Chapter 1)
Graphical Interfaces IX: The Color Picker Control (Chapter 1)

Graphical Interfaces IX: The Color Picker Control (Chapter 1)

With this article we begin chapter nine of series of articles dedicated to creating graphical interfaces in MetaTrader trading terminals. It consists of two chapters where new elements of controls and interface, such as color picker, color button, progress bar and line chart are presented.
Raise Your Linear Trading Systems to the Power
Raise Your Linear Trading Systems to the Power

Raise Your Linear Trading Systems to the Power

Today's article shows intermediate MQL5 programmers how they can get more profit from their linear trading systems (Fixed Lot) by easily implementing the so-called technique of exponentiation. This is because the resulting equity curve growth is then geometric, or exponential, taking the form of a parabola. Specifically, we will implement a practical MQL5 variant of the Fixed Fractional position sizing developed by Ralph Vince.
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Developing a trading Expert Advisor from scratch (Part 21): New order system (IV)

Developing a trading Expert Advisor from scratch (Part 21): New order system (IV)

Finally, the visual system will start working, although it will not yet be completed. Here we will finish making the main changes. There will be quite a few of them, but they are all necessary. Well, the whole work will be quite interesting.
Graphical Interfaces V: The List View Element (Chapter 2)
Graphical Interfaces V: The List View Element (Chapter 2)

Graphical Interfaces V: The List View Element (Chapter 2)

In the previous chapter, we wrote classes for creating vertical and horizontal scrollbars. In this chapter, we will implement them. We will write a class for creating the list view element, a compound part of which will be a vertical scrollbar.
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How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 1): Indicator Signals based on ADX in combination with Parabolic SAR

How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 1): Indicator Signals based on ADX in combination with Parabolic SAR

The Multi-Currency Expert Advisor in this article is Expert Advisor or trading robot that can trade (open orders, close orders and manage orders an more) for more than 1 symbol pair only from one symbol chart.
Graphical Interfaces VIII: The Calendar Control (Chapter 1)
Graphical Interfaces VIII: The Calendar Control (Chapter 1)

Graphical Interfaces VIII: The Calendar Control (Chapter 1)

In the part VIII of the series of articles dedicated to creating graphical interfaces in MetaTrader, we will consider complex composite controls like calendars, tree view, and file navigator. Due to the large amount of information, there are separate articles written for every subject. The first chapter of this part describes the calendar control and its expanded version — a drop down calendar.
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Neural networks made easy (Part 29): Advantage Actor-Critic algorithm

Neural networks made easy (Part 29): Advantage Actor-Critic algorithm

In the previous articles of this series, we have seen two reinforced learning algorithms. Each of them has its own advantages and disadvantages. As often happens in such cases, next comes the idea to combine both methods into an algorithm, using the best of the two. This would compensate for the shortcomings of each of them. One of such methods will be discussed in this article.
Graphical Interfaces II: Setting Up the Event Handlers of the Library (Chapter 3)
Graphical Interfaces II: Setting Up the Event Handlers of the Library (Chapter 3)

Graphical Interfaces II: Setting Up the Event Handlers of the Library (Chapter 3)

The previous articles contain the implementation of the classes for creating constituent parts of the main menu. Now, it is time to take a close look at the event handlers in the principle base classes and in the classes of the created controls. We will also pay special attention to managing the state of the chart depending on the location of the mouse cursor.
Prices in DoEasy library (part 63): Depth of Market and its abstract request class
Prices in DoEasy library (part 63): Depth of Market and its abstract request class

Prices in DoEasy library (part 63): Depth of Market and its abstract request class

In the article, I will start developing the functionality for working with the Depth of Market. I will also create the class of the Depth of Market abstract order object and its descendants.
Graphical Interfaces XI: Text edit boxes and Combo boxes in table cells (build 15)
Graphical Interfaces XI: Text edit boxes and Combo boxes in table cells (build 15)

Graphical Interfaces XI: Text edit boxes and Combo boxes in table cells (build 15)

In this update of the library, the Table control (the CTable class) will be supplemented with new options. The lineup of controls in the table cells is expanded, this time adding text edit boxes and combo boxes. As an addition, this update also introduces the ability to resize the window of an MQL application during its runtime.
Graphical Interfaces XI: Integrating the Standard Graphics Library (build 16)
Graphical Interfaces XI: Integrating the Standard Graphics Library (build 16)

Graphical Interfaces XI: Integrating the Standard Graphics Library (build 16)

A new version of the graphics library for creating scientific charts (the CGraphic class) has been presented recently. This update of the developed library for creating graphical interfaces will introduce a version with a new control for creating charts. Now it is even easier to visualize data of different types.
Building a Social Technology Startup, Part I: Tweet Your MetaTrader 5 Signals
Building a Social Technology Startup, Part I: Tweet Your MetaTrader 5 Signals

Building a Social Technology Startup, Part I: Tweet Your MetaTrader 5 Signals

Today we will learn how to link an MetaTrader 5 terminal with Twitter so that you can tweet your EAs' trading signals. We are developing a Social Decision Support System in PHP based on a RESTful web service. This idea comes from a particular conception of automatic trading called computer-assisted trading. We want the cognitive abilities of human traders to filter those trading signals which otherwise would be automatically placed on the market by the Expert Advisors.
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Neural networks made easy (Part 6): Experimenting with the neural network learning rate

Neural networks made easy (Part 6): Experimenting with the neural network learning rate

We have previously considered various types of neural networks along with their implementations. In all cases, the neural networks were trained using the gradient decent method, for which we need to choose a learning rate. In this article, I want to show the importance of a correctly selected rate and its impact on the neural network training, using examples.
MQL5 Cookbook - Multi-Currency Expert Advisor and Working with Pending Orders in MQL5
MQL5 Cookbook - Multi-Currency Expert Advisor and Working with Pending Orders in MQL5

MQL5 Cookbook - Multi-Currency Expert Advisor and Working with Pending Orders in MQL5

This time we are going to create a multi-currency Expert Advisor with a trading algorithm based on work with the pending orders Buy Stop and Sell Stop. This article considers the following matters: trading in a specified time range, placing/modifying/deleting pending orders, checking if the last position was closed at Take Profit or Stop Loss and control of the deals history for each symbol.
Optimization. A Few Simple Ideas
Optimization. A Few Simple Ideas

Optimization. A Few Simple Ideas

The optimization process can require significant resources of your computer or even of the MQL5 Cloud Network test agents. This article comprises some simple ideas that I use for work facilitation and improvement of the MetaTrader 5 Strategy Tester. I got these ideas from the documentation, forum and articles.
How to Quickly Create an Expert Advisor for Automated Trading Championship 2010
How to Quickly Create an Expert Advisor for Automated Trading Championship 2010

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 your strategies the basic classes, functions, templates are already developed. It's enough to write a minimal amount of code to implement your trading idea.
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Creating an EA that works automatically (Part 11): Automation (III)

Creating an EA that works automatically (Part 11): Automation (III)

An automated system will not be successful without proper security. However, security will not be ensured without a good understanding of certain things. In this article, we will explore why achieving maximum security in automated systems is such a challenge.
Programming EA's Modes Using Object-Oriented Approach
Programming EA's Modes Using Object-Oriented Approach

Programming EA's Modes Using Object-Oriented Approach

This article explains the idea of multi-mode trading robot programming in MQL5. Every mode is implemented with the object-oriented approach. Instances of both mode classes hierarchy and classes for testing are provided. Multi-mode programming of trading robots is supposed to take into account all peculiarities of every operational mode of an EA written in MQL5. Functions and enumeration are created for identifying the mode.
Indicator for Spindles Charting
Indicator for Spindles Charting

Indicator for Spindles Charting

The article regards spindle chart plotting and its usage in trading strategies and experts. First let's discuss the chart's appearance, plotting and connection with japanese candlestick chart. Next we analyze the indicator's implementation in the source code in the MQL5 language. Let's test the expert based on indicator and formulate the trading strategy.
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Neural networks made easy (Part 5): Multithreaded calculations in OpenCL

Neural networks made easy (Part 5): Multithreaded calculations in OpenCL

We have earlier discussed some types of neural network implementations. In the considered networks, the same operations are repeated for each neuron. A logical further step is to utilize multithreaded computing capabilities provided by modern technology in an effort to speed up the neural network learning process. One of the possible implementations is described in this article.
Trademinator 3: Rise of the Trading Machines
Trademinator 3: Rise of the Trading Machines

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 only optimize parameters of one trading system underlying the EA, but also select the best one of several trading systems. Let's see what can come of it...
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Creating an EA that works automatically (Part 12): Automation (IV)

Creating an EA that works automatically (Part 12): Automation (IV)

If you think automated systems are simple, then you probably don't fully understand what it takes to create them. In this article, we will talk about the problem that kills a lot of Expert Advisors. The indiscriminate triggering of orders is a possible solution to this problem.
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Multiple indicators on one chart (Part 06): Turning MetaTrader 5 into a RAD system (II)

Multiple indicators on one chart (Part 06): Turning MetaTrader 5 into a RAD system (II)

In my previous article, I showed you how to create a Chart Trade using MetaTrader 5 objects and thus to turn the platform into a RAD system. The system works very well, and for sure many of the readers might have thought about creating a library, which would allow having extended functionality in the proposed system. Based on this, it would be possible to develop a more intuitive Expert Advisor with a nicer and easier to use interface.
Graphical Interfaces VIII: the File Navigator Control (Chapter 3)
Graphical Interfaces VIII: the File Navigator Control (Chapter 3)

Graphical Interfaces VIII: the File Navigator Control (Chapter 3)

In the previous chapters of the eighth part of the series, our library has been reinforced by several classes for developing mouse pointers, calendars and tree views. The current article deals with the file navigator control that can also be used as part of an MQL application graphical interface.
Graphical Interfaces XI: Refactoring the Library code (build 14.1)
Graphical Interfaces XI: Refactoring the Library code (build 14.1)

Graphical Interfaces XI: Refactoring the Library code (build 14.1)

As the library grows, its code must be optimized again in order to reduce its size. The version of the library described in this article has become even more object-oriented. This made the code easier to learn. A detailed description of the latest changes will allow the readers to develop the library independently based on their own needs.
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Developing a trading Expert Advisor from scratch (Part 18): New order system (I)

Developing a trading Expert Advisor from scratch (Part 18): New order system (I)

This is the first part of the new order system. Since we started documenting this EA in our articles, it has undergone various changes and improvements while maintaining the same on-chart order system model.
Graphical Interfaces VIII: The Tree View Control (Chapter 2)
Graphical Interfaces VIII: The Tree View Control (Chapter 2)

Graphical Interfaces VIII: The Tree View Control (Chapter 2)

The previous chapter of part VIII on graphical interfaces has focused on the elements of static and drop-down calendar. The second chapter will be dedicated to an equally complex element — a tree view, that is included in every complete library used for creating graphical interfaces. A tree view implemented in this article contains multiple flexible settings and modes, thus allowing to adjust this element of control to your needs.
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How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 2): Indicator Signals: Multi Timeframe Parabolic SAR Indicator

How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 2): Indicator Signals: Multi Timeframe Parabolic SAR Indicator

The Multi-Currency Expert Advisor in this article is Expert Advisor or trading robot that can trade (open orders, close orders and manage orders for example: Trailing Stop Loss and Trailing Profit) for more than 1 symbol pair only from one symbol chart. This time we will use only 1 indicator, namely Parabolic SAR or iSAR in multi-timeframes starting from PERIOD_M15 to PERIOD_D1.
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Creating an EA that works automatically (Part 06): Account types (I)

Creating an EA that works automatically (Part 06): Account types (I)

Today we'll see how to create an Expert Advisor that simply and safely works in automatic mode. Our EA in its current state can work in any situation but it is not yet ready for automation. We still have to work on a few points.
Optimal approach to the development and analysis of trading systems
Optimal approach to the development and analysis of trading systems

Optimal approach to the development and analysis of trading systems

In this article, I will show the criteria to be used when selecting a system or a signal for investing your funds, as well as describe the optimal approach to the development of trading systems and highlight the importance of this matter in Forex trading.
Graphical Interfaces XI: Rendered controls (build 14.2)
Graphical Interfaces XI: Rendered controls (build 14.2)

Graphical Interfaces XI: Rendered controls (build 14.2)

In the new version of the library, all controls will be drawn on separate graphical objects of the OBJ_BITMAP_LABEL type. We will also continue to describe the optimization of code: changes in the core classes of the library will be discussed.
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Revisiting an Old Trend Trading Strategy: Two Stochastic oscillators, a MA and Fibonacci

Revisiting an Old Trend Trading Strategy: Two Stochastic oscillators, a MA and Fibonacci

Old trading strategies. This article presents one of the strategies used to follow the trend in a purely technical way. The strategy is purely technical and uses a few technical indicators and tools to deliver signals and targets. The components of the strategy are as follows: A 14-period stochastic oscillator. A 5-period stochastic oscillator. A 200-period moving average. A Fibonacci projection tool (for target setting).
Prices in DoEasy library (part 60): Series list of symbol tick data
Prices in DoEasy library (part 60): Series list of symbol tick data

Prices in DoEasy library (part 60): Series list of symbol tick data

In this article, I will create the list for storing tick data of a single symbol and check its creation and retrieval of required data in an EA. Tick data lists that are individual for each used symbol will further constitute a collection of tick data.
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Neural networks made easy (Part 13): Batch Normalization

Neural networks made easy (Part 13): Batch Normalization

In the previous article, we started considering methods aimed at improving neural network training quality. In this article, we will continue this topic and will consider another approach — batch data normalization.
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Build Self Optmising Expert Advisors in MQL5

Build Self Optmising Expert Advisors in MQL5

Build expert advisors that look forward and adjust themselves to any market.