Pattern recognition trading bot in MQL5 | Part 1

As an algo trader I develop and trade strategies with metatrader 5.
Automated trading makes it possible to be consistently profitable in the forex market. If you have any questions about algo trading, metatrader or programming trading systems (Expert Advisor or EA), just write a comment or visit my website. You can also join my discord server for free.

⚠️ Disclaimer: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos.

Trading in derivative products such as futures, options, CFD's, forex and certificates contains significant risk. These products are not suitable for every investor. Investors could potentially lose all or more than the original investment. If anything, only money equal to personal risk capital should be used and can be lost without jeopardizing financial security or lifestyle. Partially or fully automated trading programs can be used to assist the trader only. Past performance is not an indication of future results. Our trading systems have been developed to the best of our knowledge and belief. Despite careful programming, errors may still exist. We do not assume any liability for errors in the programming of the trading systems. You use the trading systems on your own responsibility. You are responsible if losses occur due to the trading systems.

[zegorzki]

Excellent content as always Toby! Well put together, well structured with clear explanations throughout.

More people people need to get to the end of this video series - I thoroughly recommend them, quite a lot here I had not discovered on my own MQL5 journey. Thank you 🙂

[siracidprime]

!!! We had missed you brother. Hope you are okay healthwise and mentally over the few months you have been away. And you came with exactly what I had requested, Price action trading ... No indicators !!! GREAT.

[StefanFahlberg]

Tobi, I like this idea ... I will follow along coding it 🙂

[richardbokele]

Thank you Tobby! This is very helpfull and interesting...i was just thinking about something like this for one of my pattern

[sylvestredjagbavi]

Thank you.
Please if you have time one day, can you show us, how to write a bot to find HARMONIC PATTERNS ?

[patilrohan]

Hey, can you please make a video & code a MT5 strategy which uses 3 supertrends
SuperTrend1 : Factor 3 Period 12
SuperTrend2 : Factor 2 Period 11
SuperTrend3 : Factor 3 Period 10

Buy when all 3 supertrends are green & exit when anyone gets red
Sell when all 3 supertrends are red & exit when anyone gets green

This Strategy avoids sideways market conditions as atleast one of the supertrend will remain the opposite color.
Please make a video for MT5 on this strategy. It would be nice to backtest it on different forex pairs & stocks.

Thank you

[DuncanDeigh-ghrs]

You think it's possible you help me in the creating of my own bot or it's best I learn from your codes to end up with my own creations ? With understanding of course

[CodexaSols]

You will be receiving a lot of messages like this but I will be straight to the point I've seen your yt videos your videos are good but your thumbnails are dead I will make them best for you. Are you interested?