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ADX + MA Metatrader 4 Forex Robot

    The ADX + MA Metatrader 4 Forex Robot is an algorithmic trader whose strategy is based on the average directional index (ADX) and the moving averages indicator.

    When opening positions, the ADX + MA forex robot will do so in the direction of the strong trend, thereby minimizing risk and increasing profit potential.

    To filter false signals, the ADX + MA expert advisor will deploy its ADX component to check for trend power, as well as trend direction.

    Finally, buy or sell market signals finally gets triggered when price closes above and/or below the moving average.

    Free Download

    Download the “MADX-07.mq4” MT4 robot

    Strategy Tester Report

    Find below the ADX + MA robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.

    Overall Performance

    The EA made a total profit of $1533.37 from a total of 106 trades. The largest winning trade generated $44.65 in profits, while no loss was being reported during the testing period.

    Statistics:

    Bars in test: 3293 ticks modelled

    Initial deposit: $2000.00

    Total net profit: $1533.37

    Total trades: 106

    Largest profit trade: $44.65

    Largest loss trade: -$0.00

    Consecutive wins: 106

    Consecutive losses: 0

    Download

    Download the “MADX-07.ex4” Metatrader 4 robot

    MT4 Forex Robot Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Expert advisor

    Input Parameters: dProfit, maPerBig, ModeBig, appPriceBig, maPerSmal, ModeSmal, appPriceSmal, maDif, advPeriod, appPriceAdx, advLevelMa, advLevelPI, advLevelMi, TakeProfit, UseMM, PercentMM, lots

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: ADX | MA

    Installation

    Copy and paste the MADX-07.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Experts (paste here)

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