Overview
This prompt aims to guide developers in creating a MetaTrader 5 Expert Advisor focused on breakout trading using ADX. Programmers and traders will benefit from the structured approach to implementing risk management and customization features.
Prompt Overview
Purpose: The EA aims to identify breakout opportunities using the Average Directional Index for informed trading decisions.
Audience: This tool is designed for traders seeking automated solutions to enhance their trading strategies in MT5.
Distinctive Feature: It includes customizable ADX settings and robust risk management features like stop loss and take profit levels.
Outcome: Users can expect efficient trade execution and error management, improving their overall trading experience.
Quick Specs
- Media: Text
- Use case: Generation
- Industry: Cryptocurrency & Blockchain, Development Tools & DevOps, General Business Operations
- 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
Develop a MetaTrader 5 (MT5) Expert Advisor (EA) that:
– Utilizes the Average Directional Index (ADX) to identify breakout opportunities.
– Analyzes market conditions and executes trades based on ADX signals and predefined user parameters.
The EA must include:
– Risk management features such as:
– Stop loss levels
– Take profit levels
– Options for customizing:
– ADX threshold values
– ADX period settings
Ensure that the EA is efficient and:
– Correctly handles order opening and closing conditions.
– Manages potential errors during trading operations.
Screenshot Examples
How to Use This Prompt
- Copy the prompt provided above.
- Paste the prompt into your coding environment.
- Review the requirements for the Expert Advisor (EA).
- Implement the ADX logic for breakout opportunities.
- Add risk management features like stop loss and take profit.
- Test the EA for efficiency and error handling.
Tips for Best Results
- Define ADX Parameters: Set customizable ADX threshold values and period settings to tailor the EA to specific market conditions.
- Implement Risk Management: Incorporate stop loss and take profit levels to protect capital and lock in profits on trades.
- Order Management: Ensure the EA accurately opens and closes orders based on ADX signals, with clear conditions for entry and exit.
- Error Handling: Include robust error management to gracefully handle potential trading operation failures and maintain stability.
FAQ
- What is the purpose of an Expert Advisor in MT5?
An Expert Advisor automates trading strategies based on predefined conditions and indicators. - How does the ADX help in trading?
The ADX measures market trend strength, aiding in identifying potential breakout opportunities. - What risk management features should the EA include?
The EA should include stop loss and take profit levels to manage trading risks effectively. - Can users customize ADX settings in the EA?
Yes, users can customize ADX threshold values and period settings for tailored trading strategies.
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.
