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