ADX + MA
Info
The ADX + MA is a Expert Advisor for MetaTrader 4 that this expert advisor (ea) utilizes two moving averages (mas) with the following input parameters:- maperbig = 25- modebig = 2- apppricebig = 2- mapersmal = 5- modesmal = 1- apppricesmal = 0additionally, the ea incorporates the average directional index (adx) with these input parameters:- advperiod = 11- apppriceadx = 4- advlevelma = 13- advlevelpl = 13- advlevelmi = 14.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use ADX + MA
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This Expert Advisor (EA) utilizes two Moving Averages (MAs) with the following input parameters:- Maperbig = 25- Modebig = 2- Apppricebig = 2- Mapersmal = 5- Modesmal = 1- Apppricesmal = 0Additionally, the EA incorporates the Average Directional Index (ADX) with these input parameters:- Advperiod = 11- Apppriceadx = 4- Advlevelma = 13- Advlevelpl = 13- Advlevelmi = 14.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: Quantora Trade Manager MT4: Advanced Position Management for MetaTrader 4 - another powerful expert for MetaTrader 4 traders.
This Expert Advisor (EA) utilizes two Moving Averages (MAs) with the following input parameters:Also recommended: Quantora Break Even Manager MT4 - Professional Automatic Break Even Utility - similar expert with strong performance on MetaTrader 4.
- Maperbig = 25
- Modebig = 2
- Apppricebig = 2
- Mapersmal = 5
- Modesmal = 1
- Apppricesmal = 0
Additionally, the EA incorporates the Average Directional Index (ADX) with these input parameters:
- Advperiod = 11
- Apppriceadx = 4
- Advlevelma = 13
- Advlevelpl = 13
- Advlevelmi = 14
You may also like: Quantora Trailing Stop Manager: Automatic Stop Loss for MT4 - excellent alternative for expert users on MetaTrader 4.
Source Code
/*-------------------------------------------------------------------+
| madx-07.mq4 |
| copyright 2013, [email protected] |
+-------------------------------------------------------------------*/// on the h4 tf
extern double dprofit = 13;
extern int maperbig = 25;
extern int modebig = 2;//mode_sma=0; mode_ema=1; mode_smma=2; mode_lwma=3;
extern int apppricebig = 2;//price_close=0; price_open=1; price_high=2; price_low=3; price_median=4; price_typical=5; price_weighted=6;
extern int mapersmal = 5;
extern int modesmal = 1;//mode_sma=0; mode_ema=1; mode_smma=2; mode_lwma=3;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.