ADX + MA
Info
The ADX + MA is a Expert Advisor for MetaTrader 4 that this es is using 2 mas with input parameters: maperbig = 25; modebig = 2; apppricebig = 2; mapersmal = 5; modesmal = 1; apppricesmal = 0; and input parameters for adx: 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 Es is using 2 MAs with Input parameters: maPerBig = 25; ModeBig = 2; appPriceBig = 2; maPerSmal = 5; ModeSmal = 1; appPriceSmal = 0; and Input Parameters for ADX: 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: Tick Collector - another powerful expert for MetaTrader 4 traders.
This Es is using 2 MAs with Input parameters:
maPerBig = 25;
ModeBig = 2;
appPriceBig = 2;
Also recommended: Trend Me Leave Me: A Comprehensive Trading Tool - similar expert with strong performance on MetaTrader 4.
maPerSmal = 5;
ModeSmal = 1;
appPriceSmal = 0;
and Input Parameters for ADX:
advPeriod = 11;
appPriceAdx = 4;
advLevelMa = 13;
advLevelPl = 13;
advLevelMi = 14;
⚠ 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.