Dev Tools · 2h ago
Python-Powered MT5 Trading Bot Uses Smart Money Concept
A developer built an automated trading bot for MetaTrader 5 using Python, combining Smart Money Concept analysis with machine learning. The bot identifies order blocks, fair value gaps, and liquidity sweeps, then scores setups via logistic regression trained on 200+ trades. Position sizing uses MT5's tick value for universal symbol compatibility.
Meridian48 take
The bot's reliance on a proprietary trading methodology and limited backtest data raises questions about robustness, but the technical integration of Python with MT5 is a practical example for algorithmic traders.
Read the full reporting
How I Built an MT5 Trading Bot with Python and Smart Money Concept →
DEV Community
trading-botpython-mt5