Overview
This prompt aims to create a trading bot for MetaTrader 5 that automates trading strategies for XAUUSD. Traders and developers will benefit by gaining a structured approach to implementing a grid trading strategy.
Prompt Overview
Purpose: This Expert Advisor aims to automate trading on XAUUSD using a grid strategy to achieve 20 pips profit per trade.
Audience: It is designed for traders familiar with MetaTrader 5 and MQL5 programming who seek to enhance their trading efficiency.
Distinctive Feature: The bot operates on a 30-level grid system, managing trades continuously without time restrictions.
Outcome: Users can expect a systematic approach to trading XAUUSD, focusing on consistent profit generation while adhering to risk management protocols.
Quick Specs
- Media: Text
- Use case: Content Creation, Generation
- Industry: Consulting (Management, Strategy), Productivity & Workflow
- Techniques: Role/Persona Prompting
- 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
Write a MetaTrader 5 (MT5) Expert Advisor (trading bot) in MQL5 for a 20 pips challenge using the XAUUSD symbol.
The bot should operate on a 30-level grid and handle a spread of up to 200 points, with no time restrictions or time filters applied.
**Requirements:**
– Symbol: XAUUSD
– Grid Levels: 30
– Target Profit per Trade: 20 pips
– Maximum Allowed Spread: 200 points
– Time Filters: None; the bot should trade continuously
– Risk Management: Proper order handling suitable for this strategy
Ensure the code is clearly commented and includes all necessary functions to:
– Initialize
– Open
– Manage
– Close trades to achieve the 20 pips challenge
**# Steps**
1. Initialize the expert advisor and set parameters for XAUUSD.
2. Implement the grid logic with 30 distinct levels.
3. Check the current spread and ensure it does not exceed 200 points before opening or managing trades.
4. Implement the logic to take profit at 20 pips per trade.
5. Manage active trades appropriately (e.g., adding/removing orders as per the grid system).
6. Include error handling and logging for trade execution.
**# Output Format**
Provide the complete MQL5 source code for the Expert Advisor, ensuring it is suitable for compilation and execution in MetaTrader 5.
**# Notes**
– Use standard MQL5 practices for order management.
– Optimize for XAUUSD specifications (tick size, contract size).
– Assume the user will input lot size and other risk parameters separately if needed.
Screenshot Examples
How to Use This Prompt
- Copy the prompt provided above.
- Open your MQL5 editor in MetaTrader 5.
- Create a new Expert Advisor file.
- Paste the prompt into the file for reference.
- Follow the steps outlined to code the trading bot.
- Compile the code and test the Expert Advisor.
Tips for Best Results
- Understand MQL5 Basics: Familiarize yourself with MQL5 syntax and structure before coding the Expert Advisor.
- Set Up Parameters: Define the symbol, grid levels, target profit, and maximum spread at the beginning of your code for easy adjustments.
- Implement Grid Logic: Create a loop to manage the 30 grid levels, ensuring each level can open trades based on the current market conditions.
- Error Handling: Include robust error handling and logging to track trade execution and any issues that arise during operation.
FAQ
- What is the symbol for the trading bot?
The symbol for the trading bot is XAUUSD. - How many grid levels does the bot operate on?
The bot operates on 30 distinct grid levels. - What is the target profit per trade?
The target profit per trade is 20 pips. - What is the maximum allowed spread for trades?
The maximum allowed spread for trades is 200 points.
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.
