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You liked the script? Try it in the MetaTrader 5 terminal

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Published:

2018.10.19 02:40

Updated:

2025.05.19 21:13

ADX EA.mq4 (111.52 KB) view

Download as ZIP, How to download code from MetaEditor

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Adx EA trades with ADX indicator strategies has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

Try it on demo first.
This EA trades only with the price of open candle!
If you do not want to trade with increasing lot size when you lose a trade set:"IncreaseFactor=0"

Parameters

Use_TP_In_Money- Use Take Profit In Money (values:true/false).
TP_In_Money- Take Profit In Money (values: 10-100).
Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
TP_In_Percent- Take Profit In Percent (values: 10-100).
------------[Money Trailing Stop For Multiple Trades]----------------------
Enable_Trailing-Enable_Trailing with money (values:true/false).
Take Profit In Money (in current currency) (values: 25-300).
Stop Loss In Money(in current currency) (values: 1-20).
------------------------------------------------------------------------------------
Enable Breakout Strategies=ADX Main Line/+DI/-DI crosses above/below Entry Level(values:true/false).
Set the Breakout Level=(values: 1-100).
Use +DI/-DI Trend Filter=open only buy/sell orders if cross(values:true/false).
Minimum.difference.+DI.-DI= Min Price difference between+DI.-DI(values: 1-100).
Enable Cross Strategies=(values:true/false).
Min_Level_Of_Main_Line=minimum price of the ADX Main line(values: 1-100).
Main_Line_Sloping_Upwards=(values:true/false).
Confirm_Cross_On_Breakout=(values:true/false).
Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
Lots - Lots size (values: 0.01-1).
Lots size Exponent (values: 1.01-2).
IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
Stop_Loss - Stop Loss (values: 30-500). /set value 600 for Multiple Trades .
MagicNumber - Magic number (values: 1-100000).
TakeProfit - Take Profit (values: 50-200). /set value 600 for Multiple Trades .
FastMA - Fast Moving Average (values: 1-20).
SlowMA - Slow Moving Average (values: 50-200).
Mom_Sell-Momentum_Sell trigger(values: 0.1-0.9).
Mom_Buy-Momentum_Buy trigger(values: 0.1-0.9).
---------------------CONTROL DRAW DOWN-----------------------------
UseEquityStop - (values:true/false).
TotalEquityRisk- (values: 0.01-30).
-------------------------------------------------------------------------------
Max_Trades(1-12).
----------------IF YOU USE ONLY 1 TRADE:-----------------------
//////////////////////////////////////////////////////
TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
Enable "Break Even" -(values:true/false).
When move "Break Even"- (values: 5-30).
How much pips move- "Break Even" (values:5-30).

-You should optimize this EA every few months and use the exact same inputs from above .
-You can use it as hedging grid EA or a single trade EA.
-How to perform back test:https://bit.ly/2CD7XWD

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