Learn how to automate your trading strategy as we Build MT5 EA with ChatGPT and MQL5 with no coding experience required.
Why Build MT5 EA with ChatGPT?
Are you a trader looking to automate your strategy without writing a single line of code? This guide shows you how to build a MetaTrader 5 Expert Advisor (EA) using just 9 ChatGPT prompts, no MQL5 experience required.
Watch the full video tutorial below, where we walk through every step from idea to execution using ChatGPT, MetaEditor, and the MT5 Strategy Tester.
Video Tutorial: MT5 EA Built Using ChatGPT in 9 Prompts
Step-by-Step Breakdown
Here’s what you’ll learn in the video and this guide:
1. Write Your Strategy in Plain English
Explain your trading rules using simple, natural language.
2. Use ChatGPT to Generate MQL5 Code
Prompt ChatGPT to write the core logic of your Expert Advisor.
3. Create and Save Your .mq5 File
Open MetaEditor and paste the code into a new .mq5 file.
4. Compile the EA
Check for errors and resolve any syntax issues with ChatGPT’s help.
5. Backtest Using MT5 Strategy Tester
Load historical data and test performance across various timeframes.
6. Fine-Tune Take Profit, Stop Loss, and Volume Settings
Update the EA with risk management logic and input parameters.
7. Set Min and Max Volume for the Trading Symbol
Prevent “Invalid Volume” errors by configuring volume limits.
8. Debug via the MetaTrader 5 Journal
Use journal output to fix issues like order errors or misfires.
9. Iterate and Optimize Your Logic
Use ChatGPT to refine entries, exits, filters, and parameters.
Tools Used in This Tutorial
| Tool | Purpose |
|---|---|
| ChatGPT | Generate MQL5 logic from prompts |
| MetaTrader 5 | Execute and test the EA |
| MetaEditor | Compile and edit EA code |
| Strategy Tester | Backtest performance on historical data |
Who This Is For
- New traders who want to build their first EA
- Algo trading beginners looking for simple tools
- MQL5 coders exploring AI-assisted workflows
- Anyone interested in trading automation using ChatGPT
What You’ll Gain
- How to turn trading ideas into code
- How to build a fully functional MT5 EA from scratch
- How to backtest and refine EAs safely
- How to use AI to save hours of coding and debugging
Related Resources
- MQL5 Documentation
- Use ChatGPT to Create Trading Bots
- Get a Prebuilt MT5 EA from Global Finance Trading
Frequently Asked Questions (FAQ) on Build MT5 EA with ChatGPT
Is it safe to run an EA created by ChatGPT?
Yes, but always test in demo environments first. AI-generated code should be reviewed and adjusted before any live use.
Do I need programming experience?
No, this tutorial is designed for non-coders, using prompts and step-by-step guidance.
Can I add indicators or trend filters?
Absolutely. You can refine your EA by prompting ChatGPT to include moving averages, RSI, news filters, or time-based conditions.
Can this work for FTMO or prop firm strategies?
Yes, just make sure your EA complies with the firm’s risk parameters and limitations. Start in demo first.
Build Smarter, Not Harder
With ChatGPT and MetaTrader 5, you no longer need to spend weeks learning how to code. This workflow allows you to build, test, and optimize trading bots in hours, not months.
Start automating your strategy today using the exact method in the video.
Do I need coding experience to build an MT5 EA with ChatGPT?
No, the tutorial is designed for beginners. You can describe your strategy in natural language, and ChatGPT will generate the MQL5 code for you.
How do I backtest the EA in MetaTrader 5?
Use the built-in Strategy Tester in MetaTrader 5. You can select your EA, timeframe, and symbol, then run a historical backtest to see how it performs.
Can ChatGPT help fix errors in the MQL5 code?
Yes. If your EA fails to compile or throws errors in the Journal, you can paste the error or code into ChatGPT for suggested fixes.
Can I use the EA with prop firm accounts like FTMO or Apex?
You can, but make sure the EA complies with the firm’s rules on max daily drawdown, lot size, and trade duration. Always test in demo first.
What kind of trading strategies work best with this method?
Simple rule-based strategies such as moving average crossovers, breakout logic, or RSI-based entries work great as a starting point with ChatGPT.
