AW ADX based EA

The Expert Advisor trades according to the signals of the ADX indicator. The classic strategy of determining the trend by the values of PlusDi and MinusDi relative to each other is used when the trend is active, determined by the main line of the indicator. Trading is carried out in the direction of the current trend.

Problem solving -> Here / MT5 version -> Here  / Instruction -> HERE 

Advantages:

  • Configurable indicator signals
  • Suitable for any type of instrument and any timeframe
  • Uses averaging if necessary
  • Pluggable system of overlapping the first order by the last one
  • Virtual TakeProfit
  • Has three types of notifications
  • Ability to automatically calculate trading volumes

Strategy:

The Expert Advisor works according to indicator signals ADX.

To open positions, three indicator lines are used: main, minus, plus.

The main line shows the intensity of the trend, that is, the activity with which the price moves.

And the other two lines indicate what the current trend is at the moment.

If the plus line is higher than the minus line, this indicates an uptrend at the current moment.

If the minus line is higher, it is an indicator of a downtrend.

When there is no pronounced difference between the lines, the market is currently in a flat, that is, there is no pronounced trend.

Signals:

When the value of the main line is higher than the minimum, and it grows up, this means that the current trend in the market is strengthening.

Buy signal - when the main line is above the minimum value, while it is growing, and the plus line is higher than the minus one.

A sell signal is when the main line is greater than the minimum value and it grows. In this case, the minus line is located above the plus one.

Input variables:

Main settings

Size of the first order - Volume for opening the first order

Enable Autolot calculation - Use automatic lot calculation. Autolot allows you to save risk settings when changing the deposit

Autolot deposit per 0.01 lots - Deposit volume for every 0.01 when using autolot

Signals

ADX Timeframe - Indicator timeframe

Period ADX - The period for the indicator, the higher the value, the fewer trades

Fast Applied price ADX - Indicator price used

Minimum Value ADX - The minimum value above which the main line must be in order to receive signals.

Grids settings

Minimum step between average orders - A variable that regulates the step between orders, measured in points

Multiplier for average orders - Each subsequent order opened by the advisor in the order grid will be larger than the previous one by a given coefficient

Take Profit settings

Size of Virtual TakeProfit (In points) - Size virtual Take Profit. It is calculated for the current group of orders from the breakeven price

Use overlap last and first orders - Use the overlap of the first order by the last

Use overlap after that number of orders - Use the overlap of the first order by the last one after the given number of open orders

Protection settings

Maximum slippage in points - The maximum allowable slippage in points for opening and closing orders

Maximum spread in points - The maximum allowable spread for opening orders. Measured in points

Maximum number of orders - The maximum allowed number of orders of the same type

Maximum size of orders - The maximum volume for one order. Measured in lots

Advisor settings

Orders Magic number - MagicNumber orders advisor

Comments of the EA's orders - Comments for the EA's orders

Allow to open OP_BUY orders - Allow the advisor to open orders of the OP_BUY type

Allow to open OP_SELL orders - Allow the advisor to open orders of the OP_SELL type

Allow to open new orders after close - Allow to send new orders after all orders are closed

Show panel of advisor - Ability to show or hide the advisor panel

Font size in panel - Adjust the font size on the panel

Notifications settings

Send push notifications when closing orders - notifications to the mobile version of the terminal, when orders are closed

Send mails when closing orders - Sending letters to an email address when closing orders

Send alerts when closing orders - Sending pop-up notifications on the terminal when orders are closed


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Thi Tra Mi Duong
3.67 (3)
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The Goblin Gold Scalper EA is a fully automated trading robot that has been developed over the years. EA's trading strategy has been optimized for Gold with a unique strategy based on Price Action and basic indicators. This is a scalper strategy so it usually trades in a short period of time, trades are closed quickly with Stop Loss and Trailing Stop. EA has optimized settings and now it's simple to use for everyone. You just need to set your Lot Size. Feature:  + Fully automated trading 24/5 w
VR Smart Grid
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VR Smart Grid is a full-featured Expert Advisor for MetaTrader 4 and MetaTrader 5, built on the classical grid trading strategy. The robot independently opens positions, manages them and closes them in parts, creating an efficient order grid that adapts to changing market conditions. Over 15 years of development, the EA has gone through thousands of variations and tests — it is the result of systematic refinement on real and demo accounts. Set files, demo versions of the product, instructions an
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
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MQL TOOLS SL
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Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
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4.5 (2)
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AW Trading Software Limited
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AW Trading Software Limited
4 (1)
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4.33 (3)
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This is a utility for closing orders or baskets of orders for the total profit or loss. Can work multicurrency, can work with orders opened manually. Has additional trailing profit. Capabilities: Closing an order for the current symbol or for all symbols Closing individual orders or whole baskets of orders Stopping the utility in one click Trailing function for total profit Setting TP and SL in money, in points or as a percentage of the deposit Closing all BUY or SELL orders or closing all order
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