Bitcoin MT5 Expert Advisor: MQL5 BTCUSD EA Code & Backtest 2026
MQL5 Expert Advisor for Bitcoin (BTCUSD) on MetaTrader 5. ATR-normalized trend strategy designed for crypto's 24/7 market, high volatility, and weekend gap risk.
Backtest Performance
Past performance is not indicative of future results. Backtest statistics are based on historical data and do not guarantee future profits. Trading involves significant risk of loss. This content is for educational purposes only and does not constitute financial advice.
Strategy Logic
Entry Conditions
Enter long when close crosses above 200-period EMA on H4 and RSI is between 50–70 (momentum confirmation without overbought). ATR normalization scales position size inversely to current volatility. Avoid entries within 2 hours of weekend open.
Exit Conditions
Stop loss at 2x ATR from entry, take profit at 4x ATR. Trailing stop at 1.5x ATR activates after 2x ATR profit. Close all positions Friday 20:00 server time to avoid weekend gaps.
MQL5 Expert Advisor Code
//+------------------------------------------------------------------+
//| Bitcoin Trend EA - BTCUSD H4 |
//| Pineify.app |
//+------------------------------------------------------------------+
#property copyright "Pineify.app"
#property version "1.00"
input int MagicNumber = 890123;
input double RiskPercent = 0.5; // Lower risk for crypto
input int EMA_Period = 200;
input int RSI_Period = 14;
input int ATR_Period = 14;
input double ATR_SL_Mult = 2.0;
input double ATR_TP_Mult = 4.0;
int emaH, rsiH, atrH;
double emaBuf[], rsiBuf[], atrBuf[];
int OnInit() {
emaH = iMA(_Symbol, PERIOD_H4, EMA_Period, 0, MODE_EMA, PRICE_CLOSE);
rsiH = iRSI(_Symbol, PERIOD_H4, RSI_Period, PRICE_CLOSE);
atrH = iATR(_Symbol, PERIOD_H4, ATR_Period);
ArraySetAsSeries(emaBuf, true); ArraySetAsSeries(rsiBuf, true);
ArraySetAsSeries(atrBuf, true);
return INIT_SUCCEEDED;
}
void OnDeinit(const int reason) {
IndicatorRelease(emaH); IndicatorRelease(rsiH); IndicatorRelease(atrH);
}
void OnTick() {
if (!IsNewBar(PERIOD_H4)) return;
// Weekend close: Friday 20:00
MqlDateTime dt; TimeToStruct(TimeCurrent(), dt);
if (dt.day_of_week == 5 && dt.hour >= 20) { CloseAll(); return; }
if (dt.day_of_week == 6 || dt.day_of_week == 0) return;
CopyBuffer(emaH, 0, 0, 3, emaBuf);
CopyBuffer(rsiH, 0, 0, 3, rsiBuf);
CopyBuffer(atrH, 0, 0, 3, atrBuf);
if (CountPositions(MagicNumber) > 0) return;
double close1 = iClose(_Symbol, PERIOD_H4, 1);
double ema = emaBuf[1];
double rsi = rsiBuf[1];
double atr = atrBuf[1];
double lots = CalcLots(atr * ATR_SL_Mult);
bool longSignal = close1 > ema && rsi > 50 && rsi < 70;
bool shortSignal = close1 < ema && rsi < 50 && rsi > 30;
if (longSignal) OpenTrade(ORDER_TYPE_BUY, lots, atr*ATR_SL_Mult, atr*ATR_TP_Mult, MagicNumber);
if (shortSignal) OpenTrade(ORDER_TYPE_SELL, lots, atr*ATR_SL_Mult, atr*ATR_TP_Mult, MagicNumber);
}
bool IsNewBar(ENUM_TIMEFRAMES tf) {
static datetime last=0; datetime cur=iTime(_Symbol,tf,0);
if (cur!=last){last=cur;return true;} return false;
}
double CalcLots(double slPts) {
double tv=SymbolInfoDouble(_Symbol,SYMBOL_TRADE_TICK_VALUE);
double ts=SymbolInfoDouble(_Symbol,SYMBOL_TRADE_TICK_SIZE);
double bal=AccountInfoDouble(ACCOUNT_BALANCE);
double lot=(bal*RiskPercent/100.0)/(slPts/ts*tv);
double stp=SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_STEP);
return MathMax(SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_MIN),
MathMin(SymbolInfoDouble(_Symbol,SYMBOL_VOLUME_MAX),MathFloor(lot/stp)*stp));
}
int CountPositions(int magic) {
int n=0;
for (int i=PositionsTotal()-1;i>=0;i--) {
ulong t=PositionGetTicket(i);
if (PositionSelectByTicket(t)&&(int)PositionGetInteger(POSITION_MAGIC)==magic) n++;
} return n;
}
void CloseAll() {
for (int i=PositionsTotal()-1;i>=0;i--) {
ulong t=PositionGetTicket(i);
if (!PositionSelectByTicket(t)||(int)PositionGetInteger(POSITION_MAGIC)!=MagicNumber) continue;
MqlTradeRequest req={}; MqlTradeResult res={};
req.action=TRADE_ACTION_DEAL; req.position=t; req.symbol=_Symbol;
req.volume=PositionGetDouble(POSITION_VOLUME);
req.type=(PositionGetInteger(POSITION_TYPE)==POSITION_TYPE_BUY)?ORDER_TYPE_SELL:ORDER_TYPE_BUY;
req.price=(req.type==ORDER_TYPE_SELL)?SymbolInfoDouble(_Symbol,SYMBOL_BID):SymbolInfoDouble(_Symbol,SYMBOL_ASK);
req.type_filling=ORDER_FILLING_IOC; OrderSend(req,res);
}
}
void OpenTrade(ENUM_ORDER_TYPE type,double lots,double sl,double tp,int magic) {
MqlTradeRequest req={}; MqlTradeResult res={};
req.action=TRADE_ACTION_DEAL; req.symbol=_Symbol; req.volume=lots; req.type=type;
req.price=(type==ORDER_TYPE_BUY)?SymbolInfoDouble(_Symbol,SYMBOL_ASK):SymbolInfoDouble(_Symbol,SYMBOL_BID);
req.sl=(type==ORDER_TYPE_BUY)?req.price-sl:req.price+sl;
req.tp=(type==ORDER_TYPE_BUY)?req.price+tp:req.price-tp;
req.magic=magic; req.comment="Pineify BTC"; req.type_filling=ORDER_FILLING_IOC;
OrderSend(req,res);
}Copy this code into MetaEditor (F4 in MT5), save in the Experts folder, and compile with F7.
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Pine Script vs MQL5: Same Strategy, Different Platforms
| Aspect | Pine Script (TradingView) | MQL5 (MetaTrader 5) |
|---|---|---|
| Execution | Bar-based, backtesting only | Tick-based, live trading |
| Deployment | TradingView alerts | Runs 24/5 on VPS/MT5 |
| Broker access | Via TradingView broker integration | Direct broker connectivity |
| Backtesting | Built-in, no data download needed | Strategy Tester, tick data required |
| Code complexity | Simpler, functional syntax | C++-like, more powerful |
Pineify supports both platforms. Prototype your strategy visually in TradingView Pine Script, then generate the equivalent MQL5 EA for live MT5 trading.