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