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