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