The ADX indicator is one of the best trend indicators on the MT4 or MT5 terminals. This indicator is powerful; it shows pretty good signals on bigger timeframes like H4 and D1. Using this EA, you can automate the ADX forex trading strategy hands-free. Also, EA has many extra features, so you will be able to protect your earned profits more securely.
Buy condition: ADX +DI appears higher than ADX -DI line.
Sell condition: ADX -DI appears higher than ADX +DI line.
Inputs menu of the ADX EA V2 MT5.
ADX Indicator settings
Period - choose your desirable period. Different value = different results.
Lot management options
Choose one of the 3 lot managements and set it as true, the other 2 must be as false.
Fixed lot - simple fixed lot which is applied for each trade.
Martingale - start lot and a multiplier, EA will use a lot multiplier if the previous trade was in loss.
Risk% management - choose your desirable risk% per trade, EA will calculate the risk size automatically. Stop loss must be used.
Trade comment - use it if you want to add a comment for each trade separately, for example "ADX EA EURUSD M15".
Stop loss pips - set a stop loss in pips which will be used for each trade separately.
Take profit pips - set a take profit in pips which will be used for each trade separately.
Max trades in the same direction - for example 10, this will result in max open 10 buy trades and max open 10 sell trades.
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.
Trading time settings - that's simple, simply choose time and weekdays you want to trade.
Spread filter - set max allowed spread size in pips, EA checks it before opening the trade. If the spread size is too big = no trade.
Email and smartphone app notifications - set it as true if you want to get a notification about each new trade.
Magic number - use magic number rule if this EA is used in more than 1 chart.
Download DEMO of the ADX EA MT5 and try it in the strategy tester before purchasing it.
Payment methods: PayPal, Skrill.
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If you want to purchase this EA with a Skrill account. Please contact us.
This EA has no any limits:
Works with any timeframe
Works with any market
Friendly settings menu
Easy to set up
There are no any restrictions
Best quality guaranteed
EA has the most used features, we don't want to add too much stuff in the original EA. So we offer custom updates for any of our EA - you can easily order a custom update and adapt this EA to your specific needs. If you have any questions simply contact us and we will answer all your questions.
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