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