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