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