The Pivot Point Metatrader expert advisor is an autotrading bot based on the daily pivot point and the accompanying support and resistance levels. It’s highly recommended to attach this forex robot to the. Forex EA The forex expert advisor is a program capable of performing in the terminal any action following the instructions of a trader, without his direct involvement. All tasks are performed automatically or mechanically, which is why the advisors are called experts. AF Scalper expert Advisor-Scalping EA Expert Advisors Type Scalping Day Expert Advisors Must Online 24H.5 Days Expert Advisors Must Use VPS High Speed Internet Connection Minimum Deposit 1.000.
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NEW!!! The MQL5 EA Bulder is here. You can create your MQL5 strategies and use the powerful MT5 tester and optimizer.
Welcome to the Expert Advisor Generator
The forex market is one of the most dynamic markets on the planet. Unfortuatelly 95% of the tradersloose 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 advantagesfor the automated systems like - 24 hours trading, reaction speed,monitoring huge numbers of financialinstruments in different timeframes, the ability to backtest the system and many others. Ck100 auto key programmer user manual.
Automating a trading system is difficult because it requires program skills which most of the tradersdon'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 worstresults 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 :
Lets say we have this basic strategy:
Now we need to open the first tab Open Buy and we choose this :
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:
We skip Close buy and Close Sell and go directly to Settings tab.
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 itin the MQL Editor, compile it and start using it.