{"id":2403,"date":"2021-07-23T14:45:44","date_gmt":"2022-07-23T08:22:00","guid":{"rendered":"https:\/\/contra.jp\/?p=2403"},"modified":"2022-07-30T17:53:10","modified_gmt":"2022-07-30T08:53:10","slug":"mt5-mql5-ea","status":"publish","type":"post","link":"https:\/\/contra.jp\/en\/verification\/mt5-mql5-ea\/","title":{"rendered":"What is EA and what are MT5 and MQL5 called? Let&#8217;s get to grips with the terminology and get started with automated trading!"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Introduction.<\/h2>\n\n\n\n<p> Have you ever heard the exact meaning of words like MT5, MQL5, and EA? <br>These are the words you need to understand to get started in automated trading.<br><\/p>\n\n\n\n<p> And now that you understand the steps needed to create an automated trading tool EA, let&#8217;s get you organized to get started in automated trading!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"http:\/\/localhost:3928\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-1024x633.jpeg\" alt=\"MT5\u3068MQL5\u3068EA\u306e\u95a2\u4fc2\" class=\"wp-image-1961\" srcset=\"https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-1024x633.jpeg 1024w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-300x185.jpeg 300w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-768x475.jpeg 768w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-1536x949.jpeg 1536w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea.jpeg 1618w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p> When you can create an automated trading tool, you can create an automated profitable tool. <br>But that makes it more difficult to create, and we will explain why.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"> What is MT5?<\/h2>\n\n\n\n<p> MT5, officially named MetaTrader 5, is a trading tool developed by MetaQuotes.<\/p>\n\n\n\n<p> This trading tool allows you to<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li> Trading Forex and other currencies (manually)<\/li><li><strong>Automatic trading<\/strong> using <strong>EAs<\/strong><\/li><li> Back testing of created EAs<\/li><li> Display charts<\/li><\/ul>\n\n\n\n<p> You can do these things. However<\/p>\n\n\n\n<p class=\"has-text-align-center\"> The main function is <strong>automatic trading<\/strong>.<\/p>\n\n\n\n<p> By using this automatic trading function, MT5 will automatically buy and sell as long as the PC is turned on and MT5 is running.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"> What is EA?<\/h2>\n\n\n\n<p> What is needed to perform this automatic trading is a program called an <strong>EA<\/strong>.<\/p>\n\n\n\n<p> EA stands for Expert Advisor. The literal translation is &#8220;professional advisor,&#8221; but the name seems to reflect the nuance of an expert robot that performs trading.<\/p>\n\n\n\n<p class=\"has-text-align-center\"> EA = Automatic trading tool<\/p>\n\n\n\n<p> When you see the word EA, you can think of it as <strong>a program that performs automated trading<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"http:\/\/localhost:3928\/wp-content\/uploads\/2021\/07\/what-is-ea-1024x633.jpeg\" alt=\"EA\u3068\u306f\u81ea\u52d5\u58f2\u8cb7\u30d7\u30ed\u30b0\u30e9\u30e0\" class=\"wp-image-1962\" srcset=\"https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/what-is-ea-1024x633.jpeg 1024w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/what-is-ea-300x185.jpeg 300w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/what-is-ea-768x475.jpeg 768w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/what-is-ea-1536x949.jpeg 1536w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/what-is-ea.jpeg 1618w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"> What is MQL5?<\/h2>\n\n\n\n<p> So how is this EA made?<\/p>\n\n\n\n<p> This is where the word MQL5 comes in.<\/p>\n\n\n\n<p class=\"has-text-align-center\"> MQL5 is <strong>a programming language for creating EAs<\/strong>.<\/p>\n\n\n\n<p> In other words, you create an EA on MT5 by programming in the MQL5 language.<\/p>\n\n\n\n<p> You can create an EA by coding in MQL5 and compiling it.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"http:\/\/localhost:3928\/wp-content\/uploads\/2021\/07\/mql5-to-ea-1024x633.jpeg\" alt=\"MQL5\u306fEA\u3092\u4f5c\u6210\u3059\u308b\u30d7\u30ed\u30b0\u30e9\u30e0\u8a00\u8a9e\" class=\"wp-image-1960\" srcset=\"https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mql5-to-ea-1024x633.jpeg 1024w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mql5-to-ea-300x185.jpeg 300w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mql5-to-ea-768x475.jpeg 768w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mql5-to-ea-1536x949.jpeg 1536w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mql5-to-ea.jpeg 1618w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p> Therefore, to run an EA, you need to know<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li> How to use the MT5 software<\/li><li> Understanding and coding in the MQL5 programming language<\/li><li> How to run EAs<\/li><\/ul>\n\n\n\n<p> You need to understand the following three things.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"> How to start automated trading<\/h2>\n\n\n\n<p> The above information is summarized in the diagram below.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"http:\/\/localhost:3928\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-1024x633.jpeg\" alt=\"MT5\u3068MQL5\u3068EA\u306e\u95a2\u4fc2\" class=\"wp-image-1961\" srcset=\"https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-1024x633.jpeg 1024w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-300x185.jpeg 300w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-768x475.jpeg 768w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea-1536x949.jpeg 1536w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/mt5-mql5-ea.jpeg 1618w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p> Programming on MT5 using the language MQL5 \u2192 Create EA \u2192 Execute the created EA on MT5.<\/p>\n\n\n\n<p> Only then can you start <strong>automated trading<\/strong>.<\/p>\n\n\n\n<p> In other words, you need to have <br>knowledge of finance as well as programming knowledge, and you also need to understand how to use tools such as MT5 and EAs. <br>This is why it is difficult for many people to start automated trading.<br><br><\/p>\n\n\n\n<p> There is a way to purchase EAs from an external vendor without programming, but <br>since you are trading with strategies created by others, you often cannot modify them or make the trades you want to<br> make.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"> EA Conversion Service at Contra<\/h2>\n\n\n\n<p> Contra is a service that converts strategies created on the app into EAs.<\/p>\n\n\n\n<p> You can back-test on the app and find a good strategy by yourself.<\/p>\n\n\n\n<p> Then, by converting your created strategy into EA, you can use EA to trade automatically without difficult programming.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"633\" src=\"http:\/\/localhost:3928\/wp-content\/uploads\/2021\/07\/contra-app-ea-convert-1024x633.jpeg\" alt=\"Contra\u306b\u3088\u308bEA\u5909\u63db\u30b5\u30fc\u30d3\u30b9\" class=\"wp-image-1959\" srcset=\"https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/contra-app-ea-convert-1024x633.jpeg 1024w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/contra-app-ea-convert-300x185.jpeg 300w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/contra-app-ea-convert-768x475.jpeg 768w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/contra-app-ea-convert-1536x949.jpeg 1536w, https:\/\/contra.jp\/wp-content\/uploads\/2021\/07\/contra-app-ea-convert.jpeg 1618w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/contra.jp\/press\/\" data-type=\"URL\" data-id=\"https:\/\/contra.jp\/press\/\" target=\"_blank\"> Click here to see the press release.<\/a><\/p>\n\n\n\n<p> By converting EAs, even those who have never been able to trade automatically will be able to trade <strong>automatically based on their own rules<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you know the exact meaning of MT5, MQL5 and EA? To create an automated trading program EA, you need to have a solid understanding of the MQL5 programming language.<\/p>\n","protected":false},"author":1,"featured_media":1961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_locale":"en_US","_original_post":"http:\/\/arekore.site\/backtest_wp\/?p=1954","footnotes":""},"categories":[9],"tags":[13],"class_list":["post-2403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-verification","tag-mql5","en-US"],"acf":[],"read_time":["6","6"],"_links":{"self":[{"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/posts\/2403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/comments?post=2403"}],"version-history":[{"count":3,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/posts\/2403\/revisions"}],"predecessor-version":[{"id":2539,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/posts\/2403\/revisions\/2539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/media\/1961"}],"wp:attachment":[{"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/media?parent=2403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/categories?post=2403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/contra.jp\/wp-json\/wp\/v2\/tags?post=2403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}