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