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