Complete .mq5 source code

MT5 Expert Advisor Tutorial: Complete Beginner Guide to MQL5 EAs 2026

This step-by-step MT5 Expert Advisor tutorial walks absolute beginners through every stage of building a fully functional MQL5 EA from scratch — covering project setup, indicator handles, order execution with MqlTradeRequest, and risk management. By the end you will have a working moving-average crossover EA that compiles, back-tests, and runs live on any MT5 symbol.

Strategy logic

Entry conditions

N/A — this is a tutorial/indicator reference page.

Exit conditions

N/A — this is a tutorial/indicator reference page.

MQL5 Expert Advisor Code

//+------------------------------------------------------------------+
//|  BeginnerEA_Tutorial.mq5                                         |
//|  Step-by-step teaching example: MA Crossover Expert Advisor      |
//|  Pineify.app — AI-powered MQL5 & Pine Script code generation     |
//+------------------------------------------------------------------+
#property copyright "Pineify.app"
#property link      "https://pineify.app"
#property version   "1.00"
#property strict

//--- Input parameters (tunable from the EA settings dialog)
input int    FastMAPeriod   = 10;           // Fast MA period
input int    SlowMAPeriod   = 30;           // Slow MA period
input ENUM_MA_METHOD MAMethod = MODE_EMA;   // MA smoothing method
input ENUM_APPLIED_PRICE AppliedPrice = PRICE_CLOSE; // Applied price
input double LotSize        = 0.10;         // Trade lot size
input int    MagicNumber    = 123456;       // Unique EA identifier
input int    SlippagePoints = 10;           // Maximum allowed slippage
input double StopLossPips   = 50.0;        // Stop-loss in pips
input double TakeProfitPips = 100.0;       // Take-profit in pips

//--- Global variables
int    fastMAHandle  = INVALID_HANDLE;
int    slowMAHandle  = INVALID_HANDLE;
double fastMABuffer[];
double slowMABuffer[];
double pipValue;

//+------------------------------------------------------------------+
//| OnInit — called once when the EA is attached or reloaded         |
//+------------------------------------------------------------------+
int OnInit()
  {
   //--- Validate inputs
   if(FastMAPeriod >= SlowMAPeriod)
     {
      Print("ERROR: FastMAPeriod must be less than SlowMAPeriod.");
      return INIT_PARAMETERS_INCORRECT;
     }
   if(LotSize <= 0.0)
     {
      Print("ERROR: LotSize must be greater than zero.");
      return INIT_PARAMETERS_INCORRECT;
     }

   //--- Create indicator handles (MT5 handle-based API)
   fastMAHandle = iMA(_Symbol, _Period, FastMAPeriod, 0, MAMethod, AppliedPrice);
   slowMAHandle = iMA(_Symbol, _Period, SlowMAPeriod, 0, MAMethod, AppliedPrice);

   if(fastMAHandle == INVALID_HANDLE || slowMAHandle == INVALID_HANDLE)
     {
      Print("ERROR: Failed to create MA indicator handles.");
      return INIT_FAILED;
     }

   //--- Set buffer as series so index 0 = most recent bar
   ArraySetAsSeries(fastMABuffer, true);
   ArraySetAsSeries(slowMABuffer, true);

   //--- Calculate pip value once (1 pip = 10 points for 5-digit brokers)
   pipValue = _Point * 10.0;
   if(Digits() == 3 || Digits() == 5)
      pipValue = _Point * 10.0;
   else
      pipValue = _Point;

   Print("BeginnerEA initialised. Symbol=", _Symbol,
         " FastMA=", FastMAPeriod, " SlowMA=", SlowMAPeriod);
   return INIT_SUCCEEDED;
  }

//+------------------------------------------------------------------+
//| OnDeinit — called when the EA is removed or terminal closes      |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
  {
   //--- Release indicator handles to free memory
   if(fastMAHandle != INVALID_HANDLE)
      IndicatorRelease(fastMAHandle);
   if(slowMAHandle != INVALID_HANDLE)
      IndicatorRelease(slowMAHandle);

   Print("BeginnerEA removed. Reason code: ", reason);
  }

//+------------------------------------------------------------------+
//| OnTick — called on every incoming price tick                     |
//+------------------------------------------------------------------+
void OnTick()
  {
   //--- Only act on the open of a new bar (avoids re-entry on same bar)
   static datetime lastBarTime = 0;
   datetime currentBarTime = iTime(_Symbol, _Period, 0);
   if(currentBarTime == lastBarTime)
      return;
   lastBarTime = currentBarTime;

   //--- Copy the two most recent MA values into our buffers
   if(CopyBuffer(fastMAHandle, 0, 0, 3, fastMABuffer) < 3 ||
      CopyBuffer(slowMAHandle, 0, 0, 3, slowMABuffer) < 3)
     {
      Print("WARNING: Not enough data to read MA buffers yet.");
      return;
     }

   //--- Detect crossover signals
   //    Index 1 = previous closed bar, index 2 = bar before that
   bool bullishCross = (fastMABuffer[2] <= slowMABuffer[2]) &&
                       (fastMABuffer[1] >  slowMABuffer[1]);
   bool bearishCross = (fastMABuffer[2] >= slowMABuffer[2]) &&
                       (fastMABuffer[1] <  slowMABuffer[1]);

   //--- Count open positions managed by this EA
   int buyPositions  = CountPositions(POSITION_TYPE_BUY);
   int sellPositions = CountPositions(POSITION_TYPE_SELL);

   //--- Act on bullish crossover: close sells, open buy
   if(bullishCross)
     {
      CloseAllPositions(POSITION_TYPE_SELL);
      if(buyPositions == 0)
         OpenPosition(ORDER_TYPE_BUY);
     }

   //--- Act on bearish crossover: close buys, open sell
   if(bearishCross)
     {
      CloseAllPositions(POSITION_TYPE_BUY);
      if(sellPositions == 0)
         OpenPosition(ORDER_TYPE_SELL);
     }
  }

//+------------------------------------------------------------------+
//| OpenPosition — sends a market order with SL and TP              |
//+------------------------------------------------------------------+
void OpenPosition(ENUM_ORDER_TYPE orderType)
  {
   MqlTradeRequest request = {};
   MqlTradeResult  result  = {};

   double price, sl, tp;
   double ask = SymbolInfoDouble(_Symbol, SYMBOL_ASK);
   double bid = SymbolInfoDouble(_Symbol, SYMBOL_BID);

   if(orderType == ORDER_TYPE_BUY)
     {
      price = ask;
      sl    = NormalizeDouble(price - StopLossPips   * pipValue, _Digits);
      tp    = NormalizeDouble(price + TakeProfitPips * pipValue, _Digits);
     }
   else
     {
      price = bid;
      sl    = NormalizeDouble(price + StopLossPips   * pipValue, _Digits);
      tp    = NormalizeDouble(price - TakeProfitPips * pipValue, _Digits);
     }

   request.action    = TRADE_ACTION_DEAL;
   request.symbol    = _Symbol;
   request.volume    = LotSize;
   request.type      = orderType;
   request.price     = price;
   request.sl        = sl;
   request.tp        = tp;
   request.deviation = SlippagePoints;
   request.magic     = MagicNumber;
   request.comment   = "BeginnerEA_Tutorial";
   request.type_filling = ORDER_FILLING_FOK;

   if(!OrderSend(request, result))
      Print("OrderSend failed. RetCode=", result.retcode,
            " Comment=", result.comment);
   else
      Print("Order opened. Ticket=", result.order,
            " Type=", EnumToString(orderType), " Price=", price);
  }

//+------------------------------------------------------------------+
//| CloseAllPositions — closes every position of the given type      |
//+------------------------------------------------------------------+
void CloseAllPositions(ENUM_POSITION_TYPE posType)
  {
   for(int i = PositionsTotal() - 1; i >= 0; i--)
     {
      ulong ticket = PositionGetTicket(i);
      if(!PositionSelectByTicket(ticket))
         continue;
      if(PositionGetString(POSITION_SYMBOL) != _Symbol)    continue;
      if(PositionGetInteger(POSITION_MAGIC)  != MagicNumber) continue;
      if((ENUM_POSITION_TYPE)PositionGetInteger(POSITION_TYPE) != posType) continue;

      MqlTradeRequest req = {};
      MqlTradeResult  res = {};
      req.action    = TRADE_ACTION_DEAL;
      req.symbol    = _Symbol;
      req.volume    = PositionGetDouble(POSITION_VOLUME);
      req.position  = ticket;
      req.deviation = SlippagePoints;
      req.magic     = MagicNumber;
      req.comment   = "BeginnerEA_Close";
      req.type_filling = ORDER_FILLING_FOK;

      if(posType == POSITION_TYPE_BUY)
        {
         req.type  = ORDER_TYPE_SELL;
         req.price = SymbolInfoDouble(_Symbol, SYMBOL_BID);
        }
      else
        {
         req.type  = ORDER_TYPE_BUY;
         req.price = SymbolInfoDouble(_Symbol, SYMBOL_ASK);
        }

      if(!OrderSend(req, res))
         Print("Close failed. Ticket=", ticket, " RetCode=", res.retcode);
     }
  }

//+------------------------------------------------------------------+
//| CountPositions — returns open position count for given type      |
//+------------------------------------------------------------------+
int CountPositions(ENUM_POSITION_TYPE posType)
  {
   int count = 0;
   for(int i = PositionsTotal() - 1; i >= 0; i--)
     {
      ulong ticket = PositionGetTicket(i);
      if(!PositionSelectByTicket(ticket))
         continue;
      if(PositionGetString(POSITION_SYMBOL) != _Symbol)     continue;
      if(PositionGetInteger(POSITION_MAGIC)  != MagicNumber)  continue;
      if((ENUM_POSITION_TYPE)PositionGetInteger(POSITION_TYPE) == posType)
         count++;
     }
   return count;
  }
//+------------------------------------------------------------------+

Copy this code into MetaEditor, save it in the MQL5/Experts folder, and compile with F7.

Generate a custom Multi-pair educational EA

Describe the ATR inputs, alert rules, visual style, or confirmation filter you want. Pineify generates editable MQL5 source code that you can inspect and compile in MetaEditor.

Pine Script vs MQL5: Same Strategy, Different Platforms

AspectPine Script (TradingView)MQL5 (MetaTrader 5)
ExecutionSeries evaluated on chart updatesEvent handlers with explicit buffers
DeploymentRuns in TradingView with alertsRuns in the MT5 terminal or on a VPS
Broker accessVia TradingView broker integrationDirect broker connectivity
BacktestingStrategy Tester for strategy scriptsStrategy Tester for Expert Advisors
Code complexitySimpler, functional syntaxC++-like, more powerful

The calculation can be implemented on either platform, but the runtime model and buffer APIs differ. Read the Pine Script Supertrend reference before porting logic between them.

Frequently Asked Questions

Related MQL5 pages

Risk and testing note

Past performance is not indicative of future results. Backtest statistics are based on historical data and do not guarantee future profits. Trading involves significant risk of loss. This content is for educational purposes only and does not constitute financial advice.