The README is minimal, but the code provides a structured framework for beginners to implement custom entry and exit logic using price data and technical indicators. It includes examples of Exponential Moving Average calculations and candlestick pattern recognition logic. Risk management features consist of basic stop loss and take profit inputs, along with volume control for position sizing. The repository is designed for educational use, offering a skeletal architecture for custom MQL5 development.
Read from auto-trading-bot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
default_stop_loss
double
—
default_pips
double
—
candleStickPatternBidAmount
double
—
candleStickPatternTP
double
—
candleStickPatternBidSL
double
—
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone umairkj/mql5-expert-advisor-auto-trading-bot from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
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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