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MadMax Trader – Multi-Strategy Forex EA for MQL5 Overview MadMax Trader is an automated trading system designed for the MetaTrader 5 Windows platform. It integrates multiple trading approaches to adapt to different market conditions across various Forex pairs and timeframes. The EA operates without manual intervention, executing trades based on predefined technical criteria. Key Functionalities Multi-Strategy Approach The EA incorporates three distinct trading methodologies: Swing Trading
This EA implements a range trading strategy using three key indicators: Bollinger Bands : Identifies overbought (upper band) and oversold (lower band) conditions Default period: 20, deviation: 2.0 Relative Strength Index (RSI) : Confirms overbought/oversold conditions Default period: 14 Overbought threshold: 70 Oversold threshold: 30 Moving Average : Determines the overall trend direction Default period: 35 (SMA) Entry Conditions: Buy Signal : Price touches or crosses the lower Bollinger Band