MT5 Expert Advisor Template

//-PROPERTIES-//
// Properties help the software look better when you load it in MT5.
// They provide more information and details
// This is what you see in the About tab when you attach the expert advisor to a chart.
#property link          "https://www.earnforex.com/metatrader-expert-advisors/mt5-ea-template/"
#property version       "1.00"
#property copyright     "EarnForex.com - 2024"
#property description   "A basic expert advisor template for MT5."
#property description   ""
#property description   "WARNING: There is no guarantee that this expert advisor will work as intended. Use at your own risk."
#property description   ""
#property description   "Find more on www.EarnForex.com"
#property icon          "\\Files\\EF-Icon-64x64px.ico"
 

// EA Parameters
input string Comment_0 = "==========";          // EA-Specific Parameters
// !! Declare parameters specific to your EA here.
// For example, a moving average period, an RSI level, or anything else your EA needs to know to implement its trading strategy.
// All input parameters start with 'input' keyword.
// input int example = 10; // This is an example input parameter

input string Comment_1 = "==========";  // Trading Hours Settings
input bool UseTradingHours = false;     // Limit trading hours
input ENUM_HOUR TradingHourStart = h07; // Trading start hour (Broker server hour)
input ENUM_HOUR TradingHourEnd = h19;   // Trading end hour (Broker server hour)

input string Comment_2 = "==========";  // ATR Settings
input int ATRPeriod = 100;              // ATR period
input ENUM_TIMEFRAMES ATRTimeFrame = PERIOD_CURRENT; // ATR timeframe
input double ATRMultiplierSL = 2;       // ATR multiplier for stop-loss
input double ATRMultiplierTP = 3;       // ATR multiplier for take-profit

// General input parameters
input string Comment_a = "==========";                             // Risk Management Settings
input ENUM_RISK_DEFAULT_SIZE RiskDefaultSize = RISK_DEFAULT_FIXED; // Position size mode
input double DefaultLotSize = 0.01;                                // Position size (if fixed or if no stop loss defined)
input ENUM_RISK_BASE RiskBase = RISK_BASE_BALANCE;                 // Risk base
input int MaxRiskPerTrade = 2;                                     // Percentage to risk each trade
input double MinLotSize = 0.01;                                    // Minimum position size allowed
input double MaxLotSize = 100;                                     // Maximum position size allowed
input int MaxPositions = 1;                                        // Maximum number of positions for this EA

input string Comment_b = "==========";                             // Stop-Loss and Take-Profit Settings
input ENUM_MODE_SL StopLossMode = SL_FIXED;                        // Stop-loss mode
input int DefaultStopLoss = 0;                                     // Default stop-loss in points (0 = no stop-loss)
input int MinStopLoss = 0;                                         // Minimum allowed stop-loss in points
input int MaxStopLoss = 5000;                                      // Maximum allowed stop-loss in points
input ENUM_MODE_TP TakeProfitMode = TP_FIXED;                      // Take-profit mode
input int DefaultTakeProfit = 0;                                   // Default take-profit in points (0 = no take-profit)
input int MinTakeProfit = 0;                                       // Minimum allowed take-profit in points
input int MaxTakeProfit = 5000;                                    // Maximum allowed take-profit in points

input string Comment_c = "==========";                             // Partial Close Settings
input bool UsePartialClose = false;                                // Use partial close
input double PartialClosePerc = 50;                                // Partial close percentage
input double ATRMultiplierPC = 1;                                  // ATR multiplier for partial close

input string Comment_d = "==========";                             // Additional Settings
input int MagicNumber = 0;                                         // Magic number
input string OrderNote = "";                                       // Comment for orders
input int Slippage = 5;                                            // Slippage in points
input int MaxSpread = 50;                                          // Maximum allowed spread to trade, in points
 

// Entry and exit processing
void ProcessTick()
{
    if (!GetIndicatorsData()) return;
    
    if (CountPositions())
    {
        // There is a position open. Manage SL, TP, or close if necessary.
        if (UsePartialClose) PartialCloseAll();
        CheckExitSignal();
    }

    // A block of code that lets the subsequent code execute only when a new bar appears on the chart.
    // This means that the entry signals will be checked only twice per bar.
    /* static datetime current_bar_time = WRONG_VALUE;
    datetime previous_bar_time = current_bar_time;
    current_bar_time = iTime(Symbol(), Period(), 0);
    static int ticks_of_new_bar = 0; // Process two ticks of each new bar to allow indicator buffers to refresh.
    if (current_bar_time == previous_bar_time)
    {
        ticks_of_new_bar++;
        if (ticks_of_new_bar > 1) return; // Skip after two ticks.
    } 
    else ticks_of_new_bar = 0; */

    // The number is recalculated after the first call because some trades could have been gotten closed.
    if (CountPositions() < MaxPositions) CheckEntrySignal(); // Check entry signals only if there aren't too many positions already.
}
 

// Entry signal
void CheckEntrySignal()
{
    if ((UseTradingHours) && (!IsCurrentTimeInInterval(TradingHourStart, TradingHourEnd))) return; // Trading hours restrictions for entry.

    bool BuySignal = false;
    bool SellSignal = false;

    // Buy signal conditions

    // This is where you should insert your entry signal for BUY orders.
    // Include a condition to open a buy order, the condition will have to set BuySignal to true or false.
   
    //!! Uncomment and modify this buy entry signal check line:
    //if ((Indicator_current > iClose(Symbol(), Period(), 1)) && (Indicator_previous <= iClose(Symbol(), Period(), 2))) BuySignal = true; // Check if the indicator's value crossed the Close price level from below.

    if (BuySignal)
    {
        OpenBuy();
    }

    // Sell signal conditions

    // This is where you should insert your entry signal for SELL orders.
    // Include a condition to open a sell order, the condition will have to set SellSignal to true or false.
    
    //!! Uncomment and modify this sell entry signal check line:
    //if ((Indicator_current < iClose(Symbol(), Period(), 1)) && (Indicator_previous >= iClose(Symbol(), Period(), 2))) SellSignal = true; // Check if the indicator's value crossed the Close price level from above.

    if (SellSignal)
    {
        OpenSell();
    }
}