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