advisor

MQL5 explained: OnInit, OnDeinit, OnTick – The core of every Expert Advisor

MQL5 explained: OnInit, OnDeinit, OnTick – The core of every Expert Advisor

If you understand OnInit, OnDeinit and OnTick, you understand the heart of every MQL5 Expert Advisor.Everything else – indicators, money management, signals – lives inside or around these three functions. In this article we’ll go deep: What each function really does and when it is called What belongs in which function (and what absolutely doesn’t) Professional patterns for resource management, order logic and debugging Full code examples, including run-once-per-bar logic and clean shutdown The goal is that, after reading this, you can look at any EA and immediately see whether its lifecycle is designed properly. 1. The Event-Driven Model of…
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How to code Your first Expert Advisor in MQL5 in 60 minutes (with source code)

How to code Your first Expert Advisor in MQL5 in 60 minutes (with source code)

Coding your first Expert Advisor (EA) in MQL5 can feel intimidating if you’re not a programmer. The good news: you don’t need a computer science degree to build a simple, working Forex robot for MetaTrader 5 (MT5). In this tutorial you’ll go from zero to a complete EA that: Trades a Moving Average crossover strategy Uses stop loss and take profit Trades automatically using the CTrade class Can be backtested in the MT5 Strategy Tester You’ll also get the full source code, tables of parameters, and explanations of how everything works. 1. What You’ll Build (and How We’ll Do It)…
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MQL5 From Scratch: How to Code Your First Expert Advisor

MQL5 From Scratch: How to Code Your First Expert Advisor

Automating a trading strategy is one of the biggest milestones in a trader’s development. Instead of manually clicking buy and sell, you let a program execute your rules automatically, without fear, greed, or fatigue. In the MetaTrader 5 ecosystem this program is called an Expert Advisor (EA), and it is written in the MQL5 programming language. This article walks you step by step through coding your first Expert Advisor in MQL5. You will learn: What MQL5 and Expert Advisors are How an EA is structured How to use built-in indicators (Moving Averages) How to open and manage trades from code…
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