Finance
algorithmic trading
2024

Forex Trading Algorithm - MT5

Client: Confidential Proprietary Trading Client

Built a MetaTrader 5-based automated trading system that uses technical indicators and real-time market data to trigger optimized forex trades while minimizing human intervention.

4 quant developers
Team Size
6 months
Duration
$500K
Investment
Forex Trading Algorithm - MT5

The Challenge

Forex markets are highly volatile and influenced by unpredictable events. Building an adaptive algorithm that performs reliably under such conditions, without unnecessary complexity, was a key challenge.

Our Solution

Focused on a simplified, rule-based logic that incorporates multi-timeframe support, RSI/MA indicators, and machine learning for adaptive tuning. Designed lightweight, modular code in MQL5 and Python, reducing overhead and improving speed. Integrated the system with leading prop firm platforms like FTMO and Funded Next for robust testing and scalability.

Results Achieved

Consistent 63% win rate with optimal drawdown control
Dynamic strategy switching based on trend analysis
Automated trade execution with real-time error handling
Backtested over 10 years of historical data across multiple currency pairs

Project Timeline

Research & Strategy Design

1 month

Studied market behavior, designed base trading strategy with adaptive logic.

Algorithm Development

2 months

Developed trading rules and coded the algorithm in MQL5 and Python.

Integration & Dashboard

1 month

Connected to MT5, added signal verification, and custom alerts.

Testing & Optimization

1.5 months

Backtested on multiple pairs, fine-tuned stop-loss, take-profit, and risk profiles.

Deployment & Monitoring

0.5 months

Deployed to FTMO/prop firm environments and set up monitoring scripts.

"
The team delivered a smart, stable trading system that exceeded our performance expectations. Their deep understanding of forex markets and automation gave us a serious edge.
Lead Quant Strategist
Anonymous Proprietary Trading Firm

Key Features

  • Multi-Timeframe Strategy Execution
  • Dynamic Stop-Loss & Take-Profit Controls
  • Real-Time Adaptive Trend Detection
  • Prop Firm Integration (FTMO, The5ers, Funded Next)
  • Custom Dashboard & Alerts
  • Backtesting Engine with 10-Year Data Coverage

Technologies Used

MetaTrader 5
MQL5
Python
Machine Learning
The5ers
FTMO
Funded Next

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