MQL AI Wizard Community Codebase Library

In this overview, you can view statements addressed by community users as a prompt to the MQL-AI wizard as well as its output.

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# AI instruction / parameter set Snippet Date
441 make MT4 EA using RSI 5M and M15 13th March 2024
442 an indicator with dashboard that can scan for the alligator indicator 12th March 2024
443 ICT strategy 12th March 2024
444 Grid and Martingale that follows trend 12th March 2024
445 one macd cross 12th March 2024
446 can you code a complete indicator with dashboard that can detect the head and shoulder pattern? 12th March 2024
447 is it possible to code an indicator with dashboard that can detect the head and shoulder pattern? 12th March 2024
448 create me an ea that send daily trade report to my telegram channel, all in one mql4 12th March 2024
449 create me an ea that send daily report trades to my telegram channel 12th March 2024
450 Sell If price Close under 100 SMA and buy If Close above. Add a Lot of Settings for the indicator and add the Most risk Management settings possible Basic settings Like Lot and Magic number and so on 12th March 2024
451 So basically what it does, is that it Takes one Candle and Marks the high and Low of that Candle. When the next Candle CLOSE above or under the high/Low of that one Candle, but still have their Rest of Body or the Wick within that Zone or even outside, the bot buys/sellsI think I can explain the Strategy better at an Example:In the Settings I enter: 14:00 as Candle Time, min ATR Level of 1.00 with a period of 14, TP at 200 Pips... Later I'll explain the othersWhat Happens? The High and Low of the Candle is now used as Zone after the 14:00 Candle was Formed.Now for example at 14:05, the next Candle closes above the Zone (above the high), and that Candle has it's Body in the Zone too (at the Close) so the bot now buys. TP is 200 Pips and SL is automatically Set.If it's a buy, the Low of that 14:00 Candle gets used, and If it's a sell, the high of the Candle gets used.Also IT would be good, If the EA, First buy/sells and then Sets SL and TP.Another settings is the Spreads settings. For example If I Set 2 Pips in that spread setting, myBut SL gets 2 Pips wider and my TP gets 2 Pips smaller.This will assure Not getting Wicked Out or Not teaching your TP all because of spreads. This should also be modified after the bot bought or Sold.Trailing Stop would also be very nice and breakeven too.An Option to Set MAs is also very Helpful 12th March 2024
452 As in most Expert4x Robots we give the trader the option to reverse the entry logic.The entry logic is based on a RSI hook. This setting determines the sensitivity of the RSI. The lower the number the more hooks possible and the higher the fewer hooks in the designated Over Bought and Over Sold areas.The User can determine the Overbought/Oversold regions where valid RSI hooks will be recognized. It is a dropdown menu. The Higher the OBought number the fewer trades and the lower the more trades. Few traders could result in higher success rates.The system used a Grid system. The Gap size determined the distance between the Grid lines. The smaller the number the more risk and the larger the number the less risk. This is a key setting as top up trades will occur at each grid level.Lots for the initial entry determines the size of the initial transaction. The higher this number the higher the risk and the lower the number the lower the risk.Top-up Lots multiplier is the amount by which the lots sizing for top up trades will be increased. A setting of 1 will result in no increase. A setting of 1.2 will increase lot sizing by 20% every time a top up occurs. For example if you start with 0.1 lots and use a 1.2 factor your top ups will follow this sequence: Start 0.1, next 0.12, next 0.14, next 0.17 .... To activate a true martingale sequence you would use a setting of 2 (1,2,4,8...) True Martingale is not recommended.Top trades to skip. How this would work is that if the trader entered say 2 into the setting and the gap size was 15 the EA would enter the first trade as normal but the second top-up would be 3 x the gap size i.e. 45 pips away (skipping 2 trades).Normal top-ups would happen like this 0, 15, 30, 45, 60, 75 …..This setting will cause top up to be 0, 45, 60, 75 …..The lot sizing would work like this. Normal say (increase factor of 1.2) 1, 1.2, 1.44, 1.72, 2.06, 2.48….Missed top-up approach using the above example: 1, 1.72, 2.48….Initial: Take Profit in 12th March 2024
453 The RSI must create a confirmed hook in the Overbought or Oversold regions and an entry the occurs on the open of the next candle in the direction away from the hook. The leg forming confirming the hook should also close in the Overbought or Oversold regions. Hooks 1 and 2 shown are not valid hooks as the hook leg closed outside of the overbought or oversold regions 12th March 2024
454 Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators. 12th March 2024
455 how to trade order blocks and a high win rate smart money trading strategy in this video! By the end of this video, you will know exactly how to identify valid order blocks, trade like smart money/banks, trading strategies, and price actions combined with order blocks! 12th March 2024
456 how you can find a Daily Bias using Fair Value Gaps. It will also touch on the Breakaway Gap again, but this time more in depth. 12th March 2024
457 Okay, I want an expert advisor that can identify major horizontal support and resistance zones on the daily timeframe. Additionally, it should be able to recognize main candlestick reversal patterns such as Bullish and Bearish Engulfing, Bullish and Bearish Harami, Tweezer Top and Tweezer Bottom, Hammer, Hanging Man, Inverted Hammer, and Shooting Star.The expert advisor should also have the capability to filter whether the market is trending or ranging, and to determine if the price is accelerating or decelerating in proximity to support or resistance zones. The entry criteria will be a breakout of the 50-period exponential moving average on the 1-hour timeframe, with the target set as the 50-period exponential moving average on the 4-hour timeframe. The stop loss should be based on the 0.75 Fibonacci retracement level measured from the breakout of the 50 Exponential moving average on 1 hour timeframe. Let me know if some of these requests are not possible to code. thanks 11th March 2024
458 smart money concept full strategy 11th March 2024
459 Harmonic Pattern 11th March 2024
460 split pair trading 11th March 2024

This module is another development of the ayondo Lab. The application has an experimental character. It is a version in an early beta variant. New versions will be rolled out shortly. We explicitly refer to the further notes on the use of artificial intelligence. In addition, we would like to draw your attention to the disclaimer, which you should note before using it. Should you use the tool, you do so at your own risk.


The module is provided for free and independent use, subject to the above disclaimer. It primarily serves demonstration purposes. On the one hand, to show what AI-enriched process flows are already capable of today. On the other hand, the community is to be motivated to extensively test the actual performance, in particular, to identify weak points and susceptibility to errors.

We put our developments at the service of the global trading community. Due to the rapid growth of this technology field, we assume that it is not immune to misappropriation. We try to live up to our responsibility and only use technology when we believe it is associated with added value for the user. Because AI is uncharted territory, we follow all developments very closely. Whether you use our tools or those of other providers, we recommend that you look into the providers' motivation of the respective services before using AI-supported processes. Under no circumstances adopt AI output be without quality assurance. This also applies to the tools we provide.

For program codes, such as so-called Expert Advisors, which supposedly rely on AI-driven processes, we can confirm through the experience of diverse test series that these cannot be classified in the Holy Grail category. Before purchasing a program code ("EA"), test it thoroughly. Be fundamentally cautious about over-optimized performance claims!

If you are interested in further developing this and other applications, please feel free to send us your suggestions and ideas. Should you generate program code via the MQL AI Wizard, feel free to share the results generated via it with us or the social trading community. Via the provided support forum (registration required) you can exchange ideas with like-minded people and share your experiences.

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