OrderSendAsync Example Expert Advisor
Info
The OrderSendAsync Example Expert Advisor is a Expert Advisor for MetaTrader 5 that this ordersendasync expert advisor is based on the example in the mql5 reference. The Expert Advisor sends trade requests using the OrderSendAsync() function.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use OrderSendAsync Example Expert Advisor
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This OrderSendAsync Expert Advisor is based on the example in the MQL5 reference.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Fx Craft Example EA: MA Cross Strategy Explained - another powerful expert for MetaTrader 5 traders.
This OrderSendAsync Expert Advisor is based on the example in the MQL5 reference.Also recommended: Fx Craft Example EA: Bollinger Bands Mean Reversion - similar expert with strong performance on MetaTrader 5.
The Expert Advisor sends trade requests using the OrderSendAsync() function.
It handles trading events using the OnTradeTransaction() handler function.
Expert Advisor parameters allow setting the magic number (unique expert ID).
This example was developed in 2026.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#include <trade\trade.mqh>
input int magicnumber = 1234567; // expert advisor id
input double riskpercentage = 1.0; // risk percentage
input double tpvsslratio = 1.5; // multiplication sl to tp ratio
.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.