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