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