MyEA.mq5 – Simple MQL5 Expert Advisor Template

Welcome to MyEA.mq5, a minimal template for developing your own Expert Advisor (EA) in MQL5.
This project is designed to help both beginners and experienced traders quickly start coding, testing, and customizing automated trading strategies for MetaTrader 5.

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📂 File Structure

/MyEA.mq5        # Main Expert Advisor source code
/README.md       # Project documentation

(Add more files or folders as your project grows)

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🚀 Features

• Clean and standard MQL5 code structure
• Easy-to-edit input parameters (LotSize, StopLoss, TakeProfit)
• Uses built-in MQL5 trading library (Trade.mqh)
• Simple logic: opens a buy position if none exists
• Includes standard event handler functions (OnInit, OnDeinit, OnTick)
• Ready for further customization

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📝 Code Breakdown

Below is the full code with explanations for each section:

//+------------------------------------------------------------------+
//|                                                      MyEA.mq5    |
//|                        Copyright 2025, Daruma00                  |
//|                        https://forge.mql5.io/Daruma00/my-ea-template |
//+------------------------------------------------------------------+

#property copyright "Copyright 2025, Daruma00"
#property link      "https://forge.mql5.io/Daruma00/my-ea-template"
#property version   "1.00"
#property strict

// === 1. Input Parameters ===
// These can be changed by the user from the EA settings in MetaTrader
input double   LotSize      = 0.1;   // Trading lot size
input int      StopLoss     = 100;   // Stop loss in points
input int      TakeProfit   = 200;   // Take profit in points

// === 2. Include Required Library ===
// Provides trading functions (buy, sell, etc.)
#include <Trade\Trade.mqh>

// === 3. Global Variables ===
CTrade trade; // Trading object for executing orders

// === 4. Main Event Functions ===

// Called once when the EA is attached to a chart
int OnInit() {
   Print("EA started");
   return(INIT_SUCCEEDED);
}

// Called once when the EA is removed from the chart
void OnDeinit(const int reason) {
   Print("EA stopped");
}

// Called on every new market tick
void OnTick() {
   // Simple trading logic: open buy if no position exists
   if(PositionsTotal() == 0) {
      trade.Buy(LotSize, _Symbol, Bid, (Bid-StopLoss*_Point), (Bid+TakeProfit*_Point));
   }
}

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🛠️ How to Use

1. Copy or download the MyEA.mq5 file into your MetaTrader 5 /Experts/ directory.
2. Open MetaEditor and compile the EA.
3. Attach the EA to your chart in MetaTrader 5.
4. Adjust input parameters (LotSize, StopLoss, TakeProfit) as needed.
5. Run backtests or live trading on a demo account to see how it works.

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🤝 Contribution

Feel free to fork, modify, and share your improvements!
If you find bugs or want to suggest enhancements, please open an issue or pull request.

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📄 License

This project is released under the MIT License.
See the LICENSE file for details.