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MetaTrader 5 Expert Advisor | Auto ADX

Idea by: Devid.

MQL5 code by: barabashkakvn.

The EA uses indicator iADX (Average Directional Movement Index, ADX), places Stop Loss and Take Profit, and can enable trailing of your positions. Two main parameters are used: "ADX Smoothing Period" and "ADX Level".

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The resting three parameters:

  • Reverse - if it is "true", the EA closes a position opposite to the signal.
  • Lots - defining the lot size manually, the constant lot size
  • Risk - lot size is calculated dynamically, in risk percents per trade

Upon optimizing for EURUSD,H1 (Attention! The code attached to the CodeBase contains NON-OPTIMIZED parameters!!!)

MetaTrader Experts, Indicators, Scripts and Libraries

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