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