BestBroker: Can someone explain the logic of ADX(( How does it filter the BB itself in this algorithm?
If ADX is less than a certain level, the market is considered to be calm. It is also possible to determine trend or flat by the spread of Bollinger Bands.
Andrew Kornishkin: If ADX is less than a certain level, the market is considered to be calm. It is also possible to determine trend or flat by the spread of Bollinger Bands.
Thank you for your comment, but I understand that.
I would like to understand in this EA what filters ADX.
For example, it has a condition that if ADX is below some level, if BB is broken from one of the extreme sides towards the centre => do not open a trade.
Or the condition - ADX bullish trend prevails + to ADX level is high => if the upper band is broken from top to bottom => do not open the trade.
I would like to understand in this EA what filters ADX.
For example, it has a condition that if ADX is below some level, if the BB is broken from one of the extreme sides towards the centre => do not open a trade.
Or the condition - ADX bullish trend prevails + to ADX level is high => if the upper band is broken from top to bottom => do not open the trade.
Does this mean that only a trend check is performed before entering on a BB breakdown?
i.e. if the ADX trend is bullish (+DI is higher than -DI) an entry will be made on the breakdown of the lower BB boundary, but if the ADX trend is bearish (-DI is higher than +DI) no entry will be made on the breakdown of the lower BB?
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Compile errors, how to fix?
What should I download?
In the traid inclusions - there is.
Errors during compilation, how to fix?
What should I add?
In the traid inclusions - there is.
Roman, this is an EA for mt5.
Compile errors, how to fix?
What should I download?
In the traid inclusions - there is.
Can someone explain the logic of ADX(( How does it filter the BB itself in this algorithm?
If ADX is less than a certain level, the market is considered to be calm. It is also possible to determine trend or flat by the spread of Bollinger Bands.
Thank you for your comment, but I understand that.
I would like to understand in this EA what filters ADX.
For example, it has a condition that if ADX is below some level, if BB is broken from one of the extreme sides towards the centre => do not open a trade.
Or the condition - ADX bullish trend prevails + to ADX level is high => if the upper band is broken from top to bottom => do not open the trade.
Thanks for the comment, but I understand that.
I would like to understand in this EA what filters ADX.
For example, it has a condition that if ADX is below some level, if the BB is broken from one of the extreme sides towards the centre => do not open a trade.
Or the condition - ADX bullish trend prevails + to ADX level is high => if the upper band is broken from top to bottom => do not open the trade.
Can't you look at the code?
Why don't you take a look at the code?
I'm not a programmer, and I'm very sorry that I don't understand even basic operators and functions.
If it's not too difficult, can you explain it in two sentences?
bool Sell=Bid>BBUp[1] && ADX[1]<ADXLevel && (LastDealType()==0 || LastDealType()==1)
Does this mean that only a trend check is performed before entering on a BB breakdown?
i.e. if the ADX trend is bullish (+DI is higher than -DI) an entry will be made on the breakdown of the lower BB boundary, but if the ADX trend is bearish (-DI is higher than +DI) no entry will be made on the breakdown of the lower BB?
The main line(MAIN_LINE) does not count at all?