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