Auto ADX - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
Idea from : David .
MQL5 code by : Balabashka Kong .
The EA uses the indicator iADX (Average Directional Movement Index, ADX), sets stop loss and take profit, and can track your positions. Two main parameters are used: " ADX Smoothing Period " and " ADX Level ".
The remaining three parameters:
After optimizing for EURUSD, H1 (Caution! The code attached to the code base contains unoptimized parameters!!!)
Attachment download
📎 auto_adx.mq5 (45.57 KB)
Source: MQL5 #21299
Auto ADX - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Auto ADX - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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