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