Trading robot · MT5

AI ML Machine EA

by joel-wa

This MetaTrader 5 expert advisor integrates machine learning into forex trading by establishing a socket connection between the terminal and a local server.

GitHub stars8
Forks1
Last update2 years ago21 Feb 2024
LicenceNone stated

Overview

The system consists of a data scraper to collect market history and a trading agent that executes orders based on external model predictions. It handles entries using a fixed lot size and manages exits through a combination of take profit targets, equity-based stop loss logic, and ratio-based closing. The repository requires manual configuration of local file paths and a specific socket library to function correctly.

Details

Author

joel-wa on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

AI / machine learning

Markets

Forex, Crypto

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from MachineEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
HostnamestringDESKTOP-M6KUT1R
ServerPortushort9999
profitCountfloat60
profitdouble2
safeProfitdouble2
ratiodouble10
_limitint10
lotdouble0.01
stopLossdouble15
shiftint10
lspreaddouble50
volatilitydouble200

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone joel-wa/AI-Ml-Forex-Trading-bot from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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