My Trading Bot: Free MT5 Expert Advisor

Overview

My Trading Bot identifies fractal-based liquidity sweeps, order blocks, and Fibonacci zones across multiple timeframes, typically using H4 for trend direction and M15 for execution. The EA includes an optional machine learning filter that communicates with an external Python-based LSTM model via CSV files. Risk management is robust, featuring daily drawdown limits, spread filters, session validation, partial exits, and trailing stops.

Fractal-based liquidity sweep detection

LSTM machine learning trade filtering

Multi-timeframe Fibonacci zone analysis

Automated daily drawdown protection

Details

Author

carlosrod723 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, AI / machine learning, Multi-strategy

Markets

Forex, Gold

Timeframes

M15-H1, H4 and above

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.

EA files

MQL5/Experts/MyTradingBot.mq5

Source

github.com/carlosrod723/MQL5-Trading-Bot

Input parameters

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

Name	Type	Default	Description
`RiskPerTrade`	`double`	`1.0`	% risk per trade
`DailyDrawdownLimit`	`double`	`5.0`	Daily loss limit (%)
`UsePartialExit`	`bool`	`false`
`PartialExitRatio`	`double`	`0.5`
`UseTrailingStop`	`bool`	`false`
`TrailStopPips`	`double`	`20.0`
`UseMA`	`bool`	`false`
`UseRSI`	`bool`	`false`
`UseATR`	`bool`	`false`
`UseBollinger`	`bool`	`false`
`UseOrderBlocks`	`bool`	`true`
`FibEntryLevel`	`double`	`0.5`

Show all 24 inputs

Name	Type	Default	Description
`MagicNumber`	`int`	`2025`
`BaseSymbolParam`	`string`
`MainTF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`
`HigherTF`	`ENUM_TIMEFRAMES`	`PERIOD_H4`
`UseMLSignal`	`bool`	`false`
`ML_Threshold`	`double`	`0.55`
`MaxRetryAttempts`	`int`	`3`	Maximum retry attempts for failed trades
`RetryDelayMs`	`int`	`1000`	Delay between retries (milliseconds)
`UseSpreadFilter`	`bool`	`true`	Enable spread filter
`MaxSpreadPoints`	`int`	`30`	Maximum allowed spread in points
`CheckMarketHours`	`bool`	`true`	Check if market is open
`GMTOffset`	`int`	`0`	Broker GMT offset for market hours

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone carlosrod723/MQL5-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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