Building new EA

 
Hi,

I'm new to the editor, and I wanted to create a EA.  I've seen how to build an EA but I didn't want the EA to open and close positions for me, I only wanted it to highlight a potential setup based on my strategy so I do not have to spend all day at the screens, is this possible?

I prefer to take the decision to open/close myself.

Sorry for a really newbie question.
 
kinsorted:
Hi,

I'm new to the editor, and I wanted to create a EA.  I've seen how to build an EA but I didn't want the EA to open and close positions for me, I only wanted it to highlight a potential setup based on my strategy so I do not have to spend all day at the screens, is this possible?

I prefer to take the decision to open/close myself.

Sorry for a really newbie question.


If you have a specific strategy that you are using in your trading, and you are watching for a specific chart setup for entry, then you can easily do it with an EA or custom Indicator.

Your options are:

1) Learn to code. https://www.mql5.com/en/docs

2) Find something in the codebase that might work for your needs. https://www.mql5.com/en/code

3) Find something from the market place that might work for your needs. https://www.mql5.com/en/market

4) Hire someone to build the EA or Indicator to meet your exact requirements. https://www.mql5.com/en/job/new

MQL5 Reference - How to use algorithmic/automated trading language for MetaTrader 5
MQL5 Reference - How to use algorithmic/automated trading language for MetaTrader 5
  • www.mql5.com
MetaQuotes Language 5 (MQL5) is a high-level language designed for developing technical indicators, trading robots and utility applications, which automate financial trading. MQL5 has been developed by MetaQuotes Software Corp. for their trading platform. The language syntax is very close to C++ enabling programmers to develop applications in...