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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