MT5 Expert Advisor Development: Build Your First MQL5 EA (2026)
MetaTrader 5 Expert Advisors (EAs) are automated trading programs that run directly on the MT5 platform. In this guide you will learn how to build your first MT5 EA using MQL5.
## What is an MT5 Expert Advisor?
An MT5 EA is a script written in MQL5 that automatically executes trades based on your strategy. It runs 24/7 on your MT5 terminal without manual intervention.
## Basic EA Structure
Every MQL5 EA has three main functions: OnInit() runs once when the EA starts, OnTick() runs on every new price tick, and OnDeinit() runs when the EA is removed.
## Simple EMA Crossover EA
int fastHandle, slowHandle;
int OnInit() {
fastHandle = iMA(_Symbol, PERIOD_M15, 10, 0, MODE_EMA, PRICE_CLOSE);
slowHandle = iMA(_Symbol, PERIOD_M15, 50, 0, MODE_EMA, PRICE_CLOSE);
return INIT_SUCCEEDED;
}
void OnTick() {
double fast[], slow[];
CopyBuffer(fastHandle, 0, 0, 2, fast);
CopyBuffer(slowHandle, 0, 0, 2, slow);
if (fast[1] < slow[1] && fast[0] >= slow[0]) { // Buy signal }
}
## Adding Risk Management
Always include stop loss and take profit. Use ATR-based stops for dynamic risk management. Set a maximum lot size to protect your account.
## Popular MT5 EA Strategies
The most requested strategies are EMA crossover, RSI overbought/oversold, Parabolic SAR, grid trading, and XAUUSD scalping.
## Hire an MT5 EA Developer
Team NAK builds custom MT5 Expert Advisors in MQL5 for forex, gold, and indices. We include backtesting, optimization, and VPS deployment. Contact us at theteamnak.com.