System Creator – we create a robot with our own hands
Automatic trading saves time and often works more accurately than a trader, where the human factor plays a role. But finding a good robot is hard. Free ones turn out to be unprofitable in most cases, and there is no point in paying money by buying a “pig in a poke”. Some brokers offer robots to their clients, but they take a long time to optimize. Exit: creating a new advisor using your own trading system. You can order it on the MQL5 exchange or develop it yourself. Some brokers (for example, Orbex) offer their own applications for developing a robot on MT4 without knowing the code, but there are not many of them. The solution to the issue can be System Creator.
System Creator is a simple solution for algorithmic trading
System Creator is a free program that allows you to create expert advisors for MT4 based on input data. The program is independent, that is, it requires installation.
How to work with the program:
- load quotes, on the basis of which the System Creator will form a trading system. You can select them in the “Historical Center” tab, which offers 3 boot options, for example, from MT4. The more input data, the more market-oriented the algorithm will be;
- in the “Editor” tab, the basic parameters of the strategy are set: deposit amount, timeframe, currency pair, deposit amount. Risk management parameters are also set: criteria for using stop orders, entry and exit from a position, etc. As the initial data is filled in, a deposit curve will appear in the lower right corner;
- in the “Generator” tab, the technical base of the future advisor is prepared. Here you can specify the desired indicators, additional data that may affect the deposit curve. After filling in, press the “Start” button and watch how the strategy is generated;
- the finished algorithm can be optimized (the “Optimization” tab). Testing of the trading advisor System Creator allows you to do it on several currency pairs at the same time. By correcting individual input data, you can achieve the optimal equity for a particular instrument;
- in the “Strategies” tab there is an item “Exporting an Expert Advisor to MT4″ – this will be the last step in creating a robot.
System Creator has many parameters that can customize the trading system. They are intuitive, the goal is to ultimately get upward equity and a system that meets the valuation parameters. The strategy generator works best with an interval of H4 and higher (for minute intervals, the accuracy of signals on a real account will be weak), the process of automatic generation after data entry takes 20-30 minutes.
Summary… System Creator is a simple program for simple robots. You shouldn’t expect a lot from the program – you won’t be able to make a unique Expert Advisor with a super-complex strategy with its help, but you can make money on simple instruments. We recommend downloading it and trying it on a demo account. It won’t be worse for sure!