This is Phoenix Algorithmic Trading Robot. It's been through optimization process for EURUSD currency pair 1H time frame and performs fairy well. Warning: Make sure to use this expert on EURUSD pair only; This description will be updated by optimized parameters for other pairs soon enough. # Description: | This expert uses ADX technical indicator for entry. When ADX Main line crosses above a certain level (specified by adx_level_1 param) depending | on the situation of PLUS_DI and MINUS_DI lines
Suited to be used for applying Fibonacci Retracement and Fibonacci Expansion and Andrews' Pitchfork. This will draw a zigzag-like line on the chart but there's a little twist. In every MaCD (negative or positive) phase, this indicator will find the respective the lowest low or highest high in that phase. Any feedback or idea would be appreciated. Regards