ad x ma c d deev
Info
The ad x ma c d deev is a Expert Advisor for MetaTrader 5 that idea by:mq5 code by:an ea based on technical indicators:iadx (average directional movement index, adx) for the movement strength direction. imacd (moving average convergence/divergence, macd) for identifying the movement direction;transactions are made when the basic and signal macd lines move upwards (for buying) and downwards (for selling).
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use ad x ma c d deev
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
idea by:mq5 code by:an ea based on technical indicators:iadx (average directional movement index, adx) for the movement strength direction.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: exp directed movement candle - another powerful expert for MetaTrader 5 traders.
idea by:
mq5 code by:
an ea based on technical indicators:
iadx (average directional movement index, adx) for the movement strength direction.
Also recommended: EA CCI T3 - similar expert with strong performance on MetaTrader 5.
imacd (moving average convergence/divergence, macd) for identifying the movement direction;
transactions are made when the basic and signal macd lines move upwards (for buying) and downwards (for selling). in this case, the indicators must be in the same direction at a certain number of bars: for adx, it is
adx: bars interval
; for macd, it is
macd: bars interval
.
in both cases, the main adx line must move upwards and be above the value of 20 (
adx: minimum
).
closing a half of the position lot size (
take half the profit
) and trailing have been realized.
please note parameter
take half the profit
. if you set
take half the profit
for true, then the
take profit
of the position will not be placed (if even
take profit
is set for above zero). instead,
take profit
will work as a step to take a half of the profit. the picture below demonstrates well how
take half the profit
works:
taking a half of the profit works only once. then the position will be closed by triggering the stop loss.
You may also like: exp close all positions by time - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ 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.