Welcome to the Expert Advisor Generator

Forex market The forex market is one of the most dynamic markets on the planet. Unfortuatelly 95% of the traders loose their money. This is mainly because they don't have good tested trading strategy.

On the other hand having a strategy, means that you have clear rules about every market situation. And when the rules are clear this trading system can be automated. There are many advantages for the automated systems like - 24 hours trading, reaction speed,monitoring huge numbers of financial instruments in different timeframes, the ability to backtest the system and many others.

Automating a trading system is difficult because it requires program skills which most of the traders don't have. With this Expert Advisor builder such skills are no longer needed.

In our big experience creating automated trading systems, we have found that usually simple things work. With every rule you add , you optimize your results in the past, but this will give you worst results in the future.So our advice is - keep things simple.

Now lets create simple trading system for example.To begin we need four basic things :

  1. When to open long position?
  2. When to close long position?
  3. When to open short position?
  4. When to close short position?

Lets say we have this basic strategy:

  1. We open long position when Rsi (Relative Strength Index) crosses 30.
  2. We open short position when Rsi (Relative Strength Index) crosses 70.
  3. We don't have exit rules , we have 50 points of StopLoss and 50 points of Takeprofit.

Now we need to open the first tab Open Buy and we choose this :

Open Buy Order

This basically means this if the pre previous value of RSI is less than 30 and previous bar is closed with value for RSI over 30 , we have our open long condition.

The same we do for sell:

Open Sell Order

We skip Close buy and Close Sell and go directly to Settings tab.

Settings

We set StopLoss 50 points and TakeProfit 50 points. We want advanced MM so we check that option. Now we go to the last tab and press the Generate button. Now all we need is to copy the code and paste it in the MQL Editor, compile it and start using it.



Sample expert advisors

  1. Expert advisor using the folowing rules:Close Open MACD
  2. Expert advisor using the folowing rules:Ask Low Bid High
  3. Expert advisor using the folowing rules:ADX (Movement directional index) Value Bollinger bands Bid Ask
  4. Expert advisor using the folowing rules: Envelopes Low High
  5. Expert advisor using the folowing rules: Envelopes Bid Ask
  6. Expert advisor using the folowing rules:Close Bollinger bands Open High
  7. Expert advisor using the folowing rules:ADX (Movement directional index) Value Bollinger bands Bid
  8. Expert advisor using the folowing rules:MA (Moving Average) SAR (Parabolic Stop and Reverse) Open Envelopes
  9. Expert advisor using the folowing rules:Close Bollinger bands Ask
  10. Expert advisor using the folowing rules:Open MA (Moving Average) MACD
  11. Expert advisor using the folowing rules:Low Ask Close High Bid
  12. Expert advisor using the folowing rules:Close MA (Moving Average) ATR (Average true range)
  13. Expert advisor using the folowing rules:RSI (Relative strength index) MA (Moving Average) --Indicators--
  14. Expert advisor using the folowing rules:AO (Awesome oscillator) Close Ask
  15. Expert advisor using the folowing rules:Open Value High Low
  16. Expert advisor using the folowing rules:Bid Open High Value Low
  17. Expert advisor using the folowing rules:Close Low Ask Value
  18. Expert advisor using the folowing rules:Open Value Low
  19. Expert advisor using the folowing rules:CCI (Commodity channel index) RSI (Relative strength index) Value
  20. Expert advisor using the folowing rules:Bid Open High Value Ask Low
  21. Expert advisor using the folowing rules:MA (Moving Average) Open Close High
  22. Expert advisor using the folowing rules:Ask Open Bollinger bands
  23. Expert advisor using the folowing rules:Close MA (Moving Average) Value SAR (Parabolic Stop and Reverse)
  24. Expert advisor using the folowing rules:Close MA (Moving Average) Value ATR (Average true range)
  25. Expert advisor using the folowing rules:Close MA (Moving Average) Value High
  26. Expert advisor using the folowing rules:MACD SAR (Parabolic Stop and Reverse) MA (Moving Average)
  27. Expert advisor using the folowing rules:Close MA (Moving Average) RSI (Relative strength index)
  28. Expert advisor using the folowing rules:DeMarker ADX (Movement directional index)
  29. Expert advisor using the folowing rules:OBV (On Balance Volume) Close
  30. Expert advisor using the folowing rules: Low Ask
  31. Expert advisor using the folowing rules: MA (Moving Average) Value Stochastic
  32. Expert advisor using the folowing rules:Bulls Power High Ask Low
  33. Expert advisor using the folowing rules:Momentum Low Bulls Power Ask High
  34. Expert advisor using the folowing rules:Momentum High Bulls Power Ask Low
  35. Expert advisor using the folowing rules:Open MA (Moving Average) Momentum
  36. Expert advisor using the folowing rules: AO (Awesome oscillator)
  37. Expert advisor using the folowing rules:Bollinger bands Open RSI (Relative strength index) Value
  38. Expert advisor using the folowing rules:RSI (Relative strength index) Value Bollinger bands
  39. Expert advisor using the folowing rules:Stochastic Open
  40. Expert advisor using the folowing rules:RSI (Relative strength index) Value Stochastic MA (Moving Average)
  41. Expert advisor using the folowing rules:Value Momentum Stochastic Close
  42. Expert advisor using the folowing rules:AO (Awesome oscillator) Hour Value
  43. Expert advisor using the folowing rules: Close High Low
  44. Expert advisor using the folowing rules:MA (Moving Average) Value Stochastic
  45. Expert advisor using the folowing rules: Fractals
  46. Expert advisor using the folowing rules:High Bollinger bands Ask
  47. Expert advisor using the folowing rules:High Bollinger bands Close Open
  48. Expert advisor using the folowing rules: SAR (Parabolic Stop and Reverse) Bid MA (Moving Average)
  49. Expert advisor using the folowing rules:RSI (Relative strength index) Value Bid Bollinger bands
  50. Expert advisor using the folowing rules:Hour Value Stochastic
Forex Trading Signals