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