ADX EA Metatrader 4 Forex Robot

The ADX EA Metatrader 4 Forex Robot is an automated forex trading software that uses the Average Directional Index (ADX) indicator to deliver breakout and cross entry and exit signals that are implemented on autopilot.

The construct of the ADX EA trading robot implies that positions entry is possible only when the ADX line crosses the main line bottom up.

If during the crossover the +DI overlaps the –DI above, a buy order is triggered by the ADX EA and if otherwise, a sell order gets printed.

The ADX EA is quite easy to implement and monitor.

It is on record that the ADX EA also has a built-in money management system that automates how much an account is risking.

You can always personalize your experience by tweaking the ADX EA’s input values.

Free Download

Download the “Adx EA.mq4” MT4 robot

Strategy Tester Report

Find below the ADX EA forex robot strategy tester report for the EUR/USD forex pair on the daily chart.

Overall Performance

The EA made a total profit of $162391.23 from a total of 80 trades. The largest winning trade generated $27275.88 in profits while the largest losing trade generated a loss of-$13107.64.

Statistics:

Bars in test: 2353 ticks modelled

Initial deposit: $10000.00

Total net profit: $162391.23

Total trades: 80

Largest profit trade: $27275.88

Largest loss trade: -$13107.64

Consecutive wins: 3

Consecutive losses: 1

Download

Download the “Adx EA.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: str1, Enable Breakout Strategies, Set the Breakout Level, Use +DI/-DI Trend Filter, Minimum difference +DI –DI, str2, str3, Enable Cross Strategies, Min_Level_Of_Main_Line, Main_Line_Sloping_Upwards, Confirm_Cross_On_Breakout, str4, str5, Distance…

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

Type: ADX

Installation

Copy and paste the Adx EA.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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