Advanced Multi Timeframe Forex Trading Robot for MT5 Users

Create a powerful multi-timeframe Forex trading robot for MT5 with advanced customization

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Overview

This prompt aims to guide the development of a sophisticated Forex trading robot for MetaTrader 5. Programmers and traders seeking automated trading solutions will benefit from this detailed specification.

Prompt Overview

Purpose: This Forex Trading Robot aims to automate swing trading and trend-following strategies across multiple timeframes in MT5.
Audience: Designed for experienced traders seeking advanced automation tools to enhance their trading efficiency and accuracy.
Distinctive Feature: It incorporates customizable indicators, trade management settings, and a professional dashboard for real-time performance tracking.
Outcome: The robot will execute trades based on precise criteria, optimizing risk management and maximizing profit potential in Forex markets.

Quick Specs

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The Prompt


Create a professional and advanced Multi Timeframe Forex Trading Robot for MetaTrader 5 (MT5) that implements the specified swing trading, trend following, and multi-timeframe analysis and execution strategy.
**Details and Requirements:**
1. Indicators Setup:
– Daily Timeframe (HTF):
– RSI: 25 period; buy signal level 54, sell signal level 46.
– ATR: 14 period.
– 1 Hour Timeframe (Semi HTF):
– RSI: 25 period; buy level 54, sell level 46.
– ATR: 14 period.
– 15 Minutes Timeframe (LTF):
– RSI: 7 period; buy level 27, sell level 73.
– ATR: 14 period.
2. Entry Logic:
– Buy Entries:
– HTF: First buy when RSI 25 crosses above 54 from below 46; then switch to Semi HTF.
– Semi HTF: Confirm HTF RSI > 54; enter buy when Semi HTF RSI crosses above 54; then switch to LTF.
– LTF: Confirm Semi HTF RSI >= 46; enter buy on all RSI 7 crosses above 27 at candle close, maintaining Semi HTF RSI restriction.
– Sell Entries:
– HTF: First sell when RSI 25 crosses below 46 from above 54; then switch to Semi HTF.
– Semi HTF: Confirm HTF RSI < 46; enter sell when Semi HTF RSI crosses below 46; then switch to LTF. - LTF: Confirm Semi HTF RSI 3. Trade Management: - Lot Size: Base lot of 0.5% per trade of account balance, with manual override option (default 1 lot). - Stop Loss: 2 times ATR. - Take Profit: - 6 times ATR for HTF and Semi HTF trades; - 4 times ATR for LTF trades. - Optional Breakeven: Activate when price moves 2.5 times ATR plus 0.5 ATR buffer. - Daily Drawdown Limit: 4% of account. 4. Customizability: Allow full customization of all indicator parameters and trade management settings. 5. Additional Features: - Assign a unique Magic Number and include trade comments for identification. - Implement a professional dashboard displaying: - Trend direction and signal status for each timeframe. - Current account profit/loss. - Drawdown. - Equity information. 6. Performance and Reliability: - Optimize code to prevent memory leaks, array overflows, and lag. - Include robust error handling and input validations. **Steps:** - Implement RSI and ATR indicators as specified for each timeframe. - Monitor timeframe-specific RSI crosses for trade signals according to the detailed entry logic. - Manage trades with configurable lot sizing, stop loss, take profit, and breakeven according to ATR-based multipliers. - Enforce daily drawdown limits. - Develop a user-configurable dashboard reflecting real-time trend and account statistics. - Ensure code optimization and stability with proper error handling. **Output Format:** - Provide the full MT5 Expert Advisor code, properly commented, modularized, and adhering to MQL5 standards. - Include instructions or comments on how to configure parameters and integrate the EA into MT5. **Notes:** - All crossovers and RSI level checks should occur on candle close to avoid false signals. - Ensure synchronization between timeframes. - Allow switching timeframe parameters, entry thresholds, and trade management parameters via input variables. - Maintain clear trade identification via magic numbers and comments for multi-instance management. - Dashboard must be responsive and resource-efficient. Your solution should produce a reliable, customizable, and professional-grade MT5 Forex Robot that implements the strategy precisely as specified. [/prompt_box]

Screenshot Examples

How to Use This Prompt

  1. Copy the prompt for creating the Forex Trading Robot.
  2. Paste the prompt into your coding environment.
  3. Follow the detailed requirements for indicators and logic.
  4. Implement trade management features as specified.
  5. Ensure code optimization and error handling.
  6. Test the robot in a demo account before live trading.

Tips for Best Results

  • Indicator Setup: Configure RSI and ATR for Daily, 1 Hour, and 15 Minutes timeframes as specified.
  • Entry Logic: Implement buy/sell conditions based on RSI crosses and timeframe confirmations for accurate trade signals.
  • Trade Management: Set up dynamic lot sizing, ATR-based stop loss/take profit, and breakeven options while enforcing daily drawdown limits.
  • Dashboard Features: Create a user-friendly dashboard displaying trend direction, account stats, and trade status for real-time monitoring.

FAQ

  • What indicators are used for the Daily Timeframe?
    The Daily Timeframe uses a 25-period RSI and a 14-period ATR.
  • How is the lot size determined for trades?
    The lot size is based on 0.5% of the account balance, with a manual override option.
  • What is the daily drawdown limit for this trading robot?
    The daily drawdown limit is set at 4% of the account balance.
  • What features does the dashboard display?
    The dashboard shows trend direction, signal status, account profit/loss, drawdown, and equity.

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.

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