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Synchronizing MQL5 with Python involves setting up an environment where MQL5 can call Python scripts and exchange data

The document provides a step-by-step guide to synchronize MQL5 with Python, starting from installing Python to configuring MQL5 to call Python scripts. It includes instructions on setting up the Python environment, writing a Python script, and implementing MQL5 code to execute the script. Additionally, it highlights considerations regarding security, performance, and error handling during the integration process.

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0% found this document useful (0 votes)

4 views

Synchronizing MQL5 with Python involves setting up an environment where MQL5 can call Python scripts and exchange data

Uploaded by

Abc Keuangan

Available Formats

Download as DOCX, PDF, TXT or read online on Scribd

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Synchronizing MQL5 with Python involves setting up an environment where

MQL5 can call Python scripts and exchange data. Here’s a step-by-step guide
to achieve this integration:
Step-by-Step Guide to Synchronize MQL5 with Python
Step 1: Install Python
1. Download and Install Python:
 Go to the official Python website and download the latest version of Python.
 Follow the installation instructions for your operating system.
 Ensure that you check the option to add Python to your system's PATH during installation.
2. Verify Installation:
 Open a command prompt (Windows) or terminal (macOS/Linux).
 Type python --version to verify that Python is installed correctly.

Step 2: Set Up Your Python Environment

1. Install Required Libraries:
 Use pip to install any necessary Python libraries for your trading logic. For example:
 pip install numpy pandas

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2. Create Your Python Script:

 Write a Python script that performs the desired calculations or generates trading signals.
 Save this script in a known directory, e.g., C:\TradingScripts\trading_logic.py.

Step 3: Configure MQL5 to Call Python

1. Enable Python in MetaTrader 5:
 Open MetaEditor from MetaTrader 5.
 Go to Tools > Options > Python.
 Set the path to your Python executable (e.g., C:\Python39\python.exe).
2. Write MQL5 Code to Call Python:
 Use the PythonExecute function to call your Python script from MQL5.
 Pass any necessary data to the script as command-line arguments.

Step 4: Implement MQL5 Code

Here's an example of how to implement MQL5 code to call a Python script:
#include <Python.mqh>

// Define input parameters

input string Symbol = "XAUUSD"; // Trading symbol

input int MagicNumber = 221288; // Unique Magic Number for the EA

// Initialization function

int OnInit() {

Print("XAUUSD Scalping EA initialized.");

return INIT_SUCCEEDED;

// Main function to handle new ticks

void OnTick() {

// Get historical data

double prices[];

int copied = CopyClose(Symbol(), PERIOD_CURRENT, 0, 50, prices);

if (copied <= 0) {

Print("Failed to copy prices.");

return;

// Convert prices to string for Python

string price_data = "";

for (int i = 0; i < ArraySize(prices); i++) {

price_data += DoubleToString(prices[i], 5) + " ";

// Execute Python script

string command = "python C:\\TradingScripts\\trading_logic.py " +
price_data;

string result = PythonExecute(command);

// Parse the result

int signal = StringToInteger(result);

// Trading logic based on signal

if (signal == 1) {

// Buy logic

Print("Buy signal received.");

} else if (signal == -1) {

// Sell logic

Print("Sell signal received.");

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Step 5: Test the Integration

1. Run the EA:
 Attach the EA to a chart in MetaTrader 5.
 Monitor the Experts tab for any output or errors.
2. Debugging:
 Ensure that the Python script path is correct.
 Check for any errors in the Experts tab.
 Verify that the Python script executes correctly and returns the expected output.

Considerations
 Security: Be cautious when executing external scripts to avoid security risks.
 Performance: Calling Python scripts can introduce latency. Optimize your Python code for
performance.
 Error Handling: Implement error handling in both MQL5 and Python to manage any issues
that arise during execution.