Overview
This prompt aims to guide developers in creating an Expert Advisor for trading using order blocks. Traders and programmers will benefit from the structured approach and detailed requirements for effective trading automation.
Prompt Overview
Purpose: This Expert Advisor aims to automate trading decisions based on identified order blocks on the 1-hour timeframe.
Audience: The EA is designed for traders seeking to enhance their strategies using automated trading systems.
Distinctive Feature: It uniquely identifies bullish and bearish order blocks, executing trades based on precise market conditions.
Outcome: Users can expect improved trading efficiency and risk management through automated execution and customizable parameters.
Quick Specs
- Media: Text
- Use case: Content Creation, Generation, Planning & Strategy
- Industry: Cryptocurrency & Blockchain, Data & Analysis
- Techniques: Function Calling / Tool Use, Role/Persona Prompting, Structured Output
- Models: Claude 3.5 Sonnet, Gemini 2.0 Flash, GPT-4o, Llama 3.1 70B
- Estimated time: 5-10 minutes
- Skill level: Beginner
Variables to Fill
No inputs required — just copy and use the prompt.
Example Variables Block
No example values needed for this prompt.
The Prompt
Create an Expert Advisor (EA) for trading on the 1-hour timeframe based on the concept of order blocks.
The EA should:
– Identify order blocks on the 1-hour chart and execute trades accordingly.
**Details:**
– Identify both bullish and bearish order blocks on the 1-hour timeframe.
– Use clear criteria for recognizing order blocks, such as:
– Significant candles
– Support/resistance zones
– Price rejection
– Implement entry signals when the price tests or breaks these order blocks.
– Include stop-loss and take-profit levels based on:
– Order block zones
– Predefined risk-reward ratios
– Ensure the EA manages open positions effectively and avoids overtrading.
– Include parameters for:
– Lot size
– Stop loss
– Take profit
– Trailing stops
– Ensure compatibility with common trading platforms (e.g., MetaTrader 4 or 5).
**# Steps**
1. Define criteria for order block identification on 1-hour charts.
2. Implement logic to scan for and recognize bullish and bearish order blocks.
3. Program trade entry signals based on order block interactions.
4. Set proper risk management parameters (stop loss, take profit).
5. Allow customization of trading parameters.
6. Test the EA logic on historical 1-hour data.
**# Output Format**
Provide the complete source code of the Expert Advisor in the appropriate language for MetaTrader (MQL4 or MQL5), including:
– Detailed comments explaining the logic
– Usage instructions
Screenshot Examples
How to Use This Prompt
- Copy the prompt provided above.
- Paste it into your coding environment.
- Follow the steps outlined in the prompt.
- Implement the Expert Advisor logic in MQL4 or MQL5.
- Test the EA on historical 1-hour data.
- Adjust parameters as needed for optimization.
Tips for Best Results
- Define Order Blocks: Identify significant candles and support/resistance zones to recognize bullish and bearish order blocks on the 1-hour chart.
- Entry Signals: Program the EA to execute trades when the price tests or breaks the identified order blocks, ensuring timely entries.
- Risk Management: Set stop-loss and take-profit levels based on order block zones and predefined risk-reward ratios to protect capital.
- Customization Options: Include parameters for lot size, stop loss, take profit, and trailing stops to allow traders to tailor the EA to their strategies.
FAQ
- What is an Expert Advisor in trading?
An Expert Advisor (EA) is an automated trading system that executes trades based on predefined criteria. - How do you identify order blocks?
Order blocks are identified using significant candles, support/resistance zones, and price rejection patterns. - What parameters should an EA include?
An EA should include lot size, stop loss, take profit, and trailing stop parameters for effective trading. - Which platforms support Expert Advisors?
Expert Advisors are commonly compatible with MetaTrader 4 and MetaTrader 5 trading platforms.
Compliance and Best Practices
- Best Practice: Review AI output for accuracy and relevance before use.
- Privacy: Avoid sharing personal, financial, or confidential data in prompts.
- Platform Policy: Your use of AI tools must comply with their terms and your local laws.
Revision History
- Version 1.0 (February 2026): Initial release.
