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ADX Trader EA 3.0

Metatrader Expert Advisor (MT4)

  • Overview

    This EA trades using the Average Directional Index (ADX) indicator. It offers many entry strategies and flexible position management settings, plus many useful features like customizable trading sessions and a martingale mode.

    • Easy to use and supervise
    • It implements 4 different entry strategies
    • Customizable break-even, SL, TP and trailing-stop
    • Works for ECN/Non-ECN brokers
    • Works for 2-3-4-5 digit symbols
    • Trading can be NFA/FIFO Compliant
    • Implements a martingale feature
    • Filter trading by forex sessions
    • Built-in money management

    The four entry strategies available are the following, which can be enabled or disabled independently.

    • Trade when ADX is over 25 (+DI/-DI determines direction)
    • Trade fractal breakouts confirmed by ADX (+DI/-DI determines direction)
    • Trade +DI/-DI crossovers with ADX level
    • Trade +DI/-DI crossovers

    Additionally, it implements four different money management modes:

    • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
    • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
    • Martingale: The EA will double the lotsize after a losing trade
    • Inverse Martingale: The EA will double the lotsize after a winning trade

    Boost your trading returns with the most complete ADX Trader EA, like hundreds of users have already done!

  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    ADX Settings
    This parameter group holds the ADX settings.
    Trading Settings
    Enable or disable trading setups at will.
    Session Settings
    Enable or disable trading for the Asian, European or American sessions.
    Position Management
    This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips.
    Money Management
    In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
    EA Settings
    You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
  • ? FAQ
    Is the EA NFA/FIFO Compliant?
    Yes, it is!
    Do I need a VPS to run the EA?
    Yes, you do. Or having your home computer turned on 24/5.
    Can I interfere with the trades of the EA?
    Yes, you won't cause the EA to missbehave.
    Will this EA interfere with other EAs running in my account?
    No, it won't.
  • Comments

    Keep comments tidy and respectful. Avoid spam, offensive remarks, self-promotion and posting personal or payment information. The comment section is for discussion and questions only. Please note that we'll never solicit payments in the comments section.

Screenshots

ADX Trader EA EA for Metatrader